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Author Topic: How can we get people to use bitcoin as a currency?  (Read 25132 times)
shoreno
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February 25, 2019, 01:00:44 PM
 #601

Bitcoin requires more liquidity and less volatility, both of these are possible only when we can have active millions of bitcoin users daily. It'll take time, but ultimately, we'll reach out to that point!


If bitcoin have an active million users , do you think the value can become stable ?  I bet no  because people will actively buy and sell bitcoins  .   the market wont stop working  . but before that  , how can we make people to use bitcoin ? That is what the title asking about  .

You cant come up with a conclusion because as of now , many citizen and netizens are not yet aware about the bitcoin and other cryptos  .

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February 25, 2019, 01:31:16 PM
 #602

We need to have more merchants and services accepting crypto currencies
i count on Bakkt what can be very popular in Asia
Bakkt will offer safe storage and will cover transaction fee
But still people around the globe are making money in his national currencies
Best chance for crypto currencies is to be internet money
LN is first step next we need to have services what will support that kind of payments
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February 25, 2019, 02:25:31 PM
 #603

How can we get people to use bitcoin as a real currency and not just a quick way to get cash as a lot of people seem to do? When I say currency, I mean the literal definition of currency as something that is used as a medium of exchange.
Even online, there are only a few stores who are accepting it as payment.
Based on my own experience, i have already taught one of my friends to use and to invest in bitcoin for them to support their daily needs in life and i also encourage them that using bitcoin as a currency has a advantage because every transaction will be more faster and convenient when you do it in every store, that is why a lot of people are hoping that the bitcoin will start to be legalize the government.
indeed bitcoin provides convenience, especially for online stores, but even then it is difficult to happen in our country because bitcoin has not been legalized to transact, of course, when conducting transactions including illegal activities, hopefully my country will soon be legalized
There's still countries who think that bitcoin threaten their economy or they're still seeing it as a some type of ponzi/scam system,
but for those who able to cater and enjoy the usage of bitcoin for payment transactions they  are well aware what bitcoin bring
them as an easy access to those online stores and some payment centers who already accept bitcoin as one of its cater currency.

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buleidada
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February 25, 2019, 02:47:59 PM
 #604

How can we get people to use bitcoin as a real currency and not just a quick way to get cash as a lot of people seem to do? When I say currency, I mean the literal definition of currency as something that is used as a medium of exchange.
Even online, there are only a few stores who are accepting it as payment.
bitcoin can be used depending on the country whether they support the arrival of bitcoin or not if a country supports of course that could be payment

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February 25, 2019, 06:55:19 PM
 #605

How can we get people to use bitcoin as a real currency and not just a quick way to get cash as a lot of people seem to do? When I say currency, I mean the literal definition of currency as something that is used as a medium of exchange.
Even online, there are only a few stores who are accepting it as payment.
Based on my own experience, i have already taught one of my friends to use and to invest in bitcoin for them to support their daily needs in life and i also encourage them that using bitcoin as a currency has a advantage because every transaction will be more faster and convenient when you do it in every store, that is why a lot of people are hoping that the bitcoin will start to be legalize the government.
indeed bitcoin provides convenience, especially for online stores, but even then it is difficult to happen in our country because bitcoin has not been legalized to transact, of course, when conducting transactions including illegal activities, hopefully my country will soon be legalized
Trust me it feels to be in heaven while you are able to buy something you really need at home without wasting your time to get in store and waste time for searching it all in the market, so same as allot of other countries you also will enjoy this time just wait because crypto currency has been found using in those countries now whom were not even accepting it a year ago.

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February 26, 2019, 02:40:04 AM
 #606

How can we get people to use bitcoin as a real currency and not just a quick way to get cash as a lot of people seem to do? When I say currency, I mean the literal definition of currency as something that is used as a medium of exchange.
Even online, there are only a few stores who are accepting it as payment.
Based on my own experience, i have already taught one of my friends to use and to invest in bitcoin for them to support their daily needs in life and i also encourage them that using bitcoin as a currency has a advantage because every transaction will be more faster and convenient when you do it in every store, that is why a lot of people are hoping that the bitcoin will start to be legalize the government.
indeed bitcoin provides convenience, especially for online stores, but even then it is difficult to happen in our country because bitcoin has not been legalized to transact, of course, when conducting transactions including illegal activities, hopefully my country will soon be legalized
There's still countries who think that bitcoin threaten their economy or they're still seeing it as a some type of ponzi/scam system,
but for those who able to cater and enjoy the usage of bitcoin for payment transactions they  are well aware what bitcoin bring
them as an easy access to those online stores and some payment centers who already accept bitcoin as one of its cater currency.
many countries have different problems if they want to use bitcoin, like in my country in my country. there are still many terrorists and ponzi schemes, as well as opportunities for money laundering, but I think later if you want to become a developed country, the government must follow technological developments, and I am not worried about the current ban

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February 26, 2019, 03:07:10 AM
 #607

How can we get people to use bitcoin as a real currency and not just a quick way to get cash as a lot of people seem to do? When I say currency, I mean the literal definition of currency as something that is used as a medium of exchange.
Even online, there are only a few stores who are accepting it as payment.
Based on my own experience, i have already taught one of my friends to use and to invest in bitcoin for them to support their daily needs in life and i also encourage them that using bitcoin as a currency has a advantage because every transaction will be more faster and convenient when you do it in every store, that is why a lot of people are hoping that the bitcoin will start to be legalize the government.
indeed bitcoin provides convenience, especially for online stores, but even then it is difficult to happen in our country because bitcoin has not been legalized to transact, of course, when conducting transactions including illegal activities, hopefully my country will soon be legalized
There's still countries who think that bitcoin threaten their economy or they're still seeing it as a some type of ponzi/scam system,
but for those who able to cater and enjoy the usage of bitcoin for payment transactions they  are well aware what bitcoin bring
them as an easy access to those online stores and some payment centers who already accept bitcoin as one of its cater currency.
many countries have different problems if they want to use bitcoin, like in my country in my country. there are still many terrorists and ponzi schemes, as well as opportunities for money laundering, but I think later if you want to become a developed country, the government must follow technological developments, and I am not worried about the current ban

All countries will develop slowly over time even though in some countries it does not respond to the current virtual currency. We can only wait in the waiting chair to see everything will change in the future.
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February 26, 2019, 06:49:06 AM
 #608

More the merchant acceptance more we can expect bitcoin as general currency these kind of adoption happened in Japan so bitcoin became legal tender over there
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February 26, 2019, 10:10:04 AM
 #609

If we want to use bitcoin as a currency then we marketplaces and online marketing shops should update their systems to accept cryptocurrencies. Also, i believe crypto enthusiasts can actually champion this course by publicly spending their cryptocurrencies rather than just holding them like an asset.

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February 26, 2019, 11:00:35 AM
 #610

We need to have more merchants and services accepting crypto currencies
i count on Bakkt what can be very popular in Asia
Bakkt will offer safe storage and will cover transaction fee
But still people around the globe are making money in his national currencies
Best chance for crypto currencies is to be internet money
LN is first step next we need to have services what will support that kind of payments
The most important is government, they are the main factor determining whether bitcoin can be used as currency or not, as long as they approve and allow bitcoin to be widely used, I'm sure everyone will use bitcoin as a currency. But we really need to think carefully about whether we want to use and waste bitcoin or we just want to use bitcoin to invest and make more money, Bitcoin is an asset and a very good portfolio, I believe people know which choice is optimal and good for them.

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February 26, 2019, 11:11:01 AM
 #611

How can we get people to use bitcoin as a real currency and not just a quick way to get cash as a lot of people seem to do? When I say currency, I mean the literal definition of currency as something that is used as a medium of exchange.
Even online, there are only a few stores who are accepting it as payment.
Based on my own experience, i have already taught one of my friends to use and to invest in bitcoin for them to support their daily needs in life and i also encourage them that using bitcoin as a currency has a advantage because every transaction will be more faster and convenient when you do it in every store, that is why a lot of people are hoping that the bitcoin will start to be legalize the government.
indeed bitcoin provides convenience, especially for online stores, but even then it is difficult to happen in our country because bitcoin has not been legalized to transact, of course, when conducting transactions including illegal activities, hopefully my country will soon be legalized
There's still countries who think that bitcoin threaten their economy or they're still seeing it as a some type of ponzi/scam system,
but for those who able to cater and enjoy the usage of bitcoin for payment transactions they  are well aware what bitcoin bring
them as an easy access to those online stores and some payment centers who already accept bitcoin as one of its cater currency.
many countries have different problems if they want to use bitcoin, like in my country in my country. there are still many terrorists and ponzi schemes, as well as opportunities for money laundering, but I think later if you want to become a developed country, the government must follow technological developments, and I am not worried about the current ban

All countries will develop slowly over time even though in some countries it does not respond to the current virtual currency. We can only wait in the waiting chair to see everything will change in the future.
It isn't that easy to make a change throughout the world instantly. It takes time to attain the same, as of now very few countries around the world has understood better about the need of a virtual currency to the increasing population and the advancing technology. This will progress slowly giving way to more countries get into it.

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AniviaBtc
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February 26, 2019, 02:07:57 PM
 #612

How can we get people to use bitcoin as a real currency and not just a quick way to get cash as a lot of people seem to do? When I say currency, I mean the literal definition of currency as something that is used as a medium of exchange.
Even online, there are only a few stores who are accepting it as payment.
We can get people to use bitcoin as a currency is by encouraging them and influencing them to use and to invest in bitcoin, so if they start to create a business tgey can put a sign that they are accepting bitcoin as a payment. You can also advertise it to store owners by encouraging them what benefits that they could receive if they start to accept bitcoins.

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February 26, 2019, 09:19:40 PM
 #613

How can we get people to use bitcoin as a real currency and not just a quick way to get cash as a lot of people seem to do? When I say currency, I mean the literal definition of currency as something that is used as a medium of exchange.
Even online, there are only a few stores who are accepting it as payment.
Based on my own experience, i have already taught one of my friends to use and to invest in bitcoin for them to support their daily needs in life and i also encourage them that using bitcoin as a currency has a advantage because every transaction will be more faster and convenient when you do it in every store, that is why a lot of people are hoping that the bitcoin will start to be legalize the government.
indeed bitcoin provides convenience, especially for online stores, but even then it is difficult to happen in our country because bitcoin has not been legalized to transact, of course, when conducting transactions including illegal activities, hopefully my country will soon be legalized
There's still countries who think that bitcoin threaten their economy or they're still seeing it as a some type of ponzi/scam system,
but for those who able to cater and enjoy the usage of bitcoin for payment transactions they  are well aware what bitcoin bring
them as an easy access to those online stores and some payment centers who already accept bitcoin as one of its cater currency.
many countries have different problems if they want to use bitcoin, like in my country in my country. there are still many terrorists and ponzi schemes, as well as opportunities for money laundering, but I think later if you want to become a developed country, the government must follow technological developments, and I am not worried about the current ban

All countries will develop slowly over time even though in some countries it does not respond to the current virtual currency. We can only wait in the waiting chair to see everything will change in the future.
It isn't that easy to make a change throughout the world instantly. It takes time to attain the same, as of now very few countries around the world has understood better about the need of a virtual currency to the increasing population and the advancing technology. This will progress slowly giving way to more countries get into it.
I certainly believe that the prime action to take is to educate people on the real essence  of Bitcoin and its functionalities. It would also help gain trust and interest in order for them to be fully-aware on how this technology truly works and the opportunities it can offer. It may not be widely-accepted for now, but I'm still hopeful and positive that it in the long run its demand will continue to increase and more people will embrace this innovation.

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sarfield
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February 27, 2019, 02:45:57 AM
 #614

How can we get people to use bitcoin as a real currency and not just a quick way to get cash as a lot of people seem to do? When I say currency, I mean the literal definition of currency as something that is used as a medium of exchange.
Even online, there are only a few stores who are accepting it as payment.
Based on my own experience, i have already taught one of my friends to use and to invest in bitcoin for them to support their daily needs in life and i also encourage them that using bitcoin as a currency has a advantage because every transaction will be more faster and convenient when you do it in every store, that is why a lot of people are hoping that the bitcoin will start to be legalize the government.
indeed bitcoin provides convenience, especially for online stores, but even then it is difficult to happen in our country because bitcoin has not been legalized to transact, of course, when conducting transactions including illegal activities, hopefully my country will soon be legalized
There's still countries who think that bitcoin threaten their economy or they're still seeing it as a some type of ponzi/scam system,
but for those who able to cater and enjoy the usage of bitcoin for payment transactions they  are well aware what bitcoin bring
them as an easy access to those online stores and some payment centers who already accept bitcoin as one of its cater currency.
many countries have different problems if they want to use bitcoin, like in my country in my country. there are still many terrorists and ponzi schemes, as well as opportunities for money laundering, but I think later if you want to become a developed country, the government must follow technological developments, and I am not worried about the current ban

All countries will develop slowly over time even though in some countries it does not respond to the current virtual currency. We can only wait in the waiting chair to see everything will change in the future.
It isn't that easy to make a change throughout the world instantly. It takes time to attain the same, as of now very few countries around the world has understood better about the need of a virtual currency to the increasing population and the advancing technology. This will progress slowly giving way to more countries get into it.
I certainly believe that the prime action to take is to educate people on the real essence  of Bitcoin and its functionalities. It would also help gain trust and interest in order for them to be fully-aware on how this technology truly works and the opportunities it can offer. It may not be widely-accepted for now, but I'm still hopeful and positive that it in the long run its demand will continue to increase and more people will embrace this innovation.

In accordance with the times, education about crypto or blockchain will continue to be in demand so that this will be a good impact for crypto users. However internet technology is expanding and this will be a development that is always the future, crypto will be used to become a more effective transaction even though many are eyeing it.

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February 27, 2019, 04:41:18 AM
 #615

How can we get people to use bitcoin as a real currency and not just a quick way to get cash as a lot of people seem to do? When I say currency, I mean the literal definition of currency as something that is used as a medium of exchange.
Even online, there are only a few stores who are accepting it as payment.
Based on my own experience, i have already taught one of my friends to use and to invest in bitcoin for them to support their daily needs in life and i also encourage them that using bitcoin as a currency has a advantage because every transaction will be more faster and convenient when you do it in every store, that is why a lot of people are hoping that the bitcoin will start to be legalize the government.
indeed bitcoin provides convenience, especially for online stores, but even then it is difficult to happen in our country because bitcoin has not been legalized to transact, of course, when conducting transactions including illegal activities, hopefully my country will soon be legalized
There's still countries who think that bitcoin threaten their economy or they're still seeing it as a some type of ponzi/scam system,
but for those who able to cater and enjoy the usage of bitcoin for payment transactions they  are well aware what bitcoin bring
them as an easy access to those online stores and some payment centers who already accept bitcoin as one of its cater currency.
many countries have different problems if they want to use bitcoin, like in my country in my country. there are still many terrorists and ponzi schemes, as well as opportunities for money laundering, but I think later if you want to become a developed country, the government must follow technological developments, and I am not worried about the current ban

All countries will develop slowly over time even though in some countries it does not respond to the current virtual currency. We can only wait in the waiting chair to see everything will change in the future.
It isn't that easy to make a change throughout the world instantly. It takes time to attain the same, as of now very few countries around the world has understood better about the need of a virtual currency to the increasing population and the advancing technology. This will progress slowly giving way to more countries get into it.
I certainly believe that the prime action to take is to educate people on the real essence  of Bitcoin and its functionalities. It would also help gain trust and interest in order for them to be fully-aware on how this technology truly works and the opportunities it can offer. It may not be widely-accepted for now, but I'm still hopeful and positive that it in the long run its demand will continue to increase and more people will embrace this innovation.

In accordance with the times, education about crypto or blockchain will continue to be in demand so that this will be a good impact for crypto users. However internet technology is expanding and this will be a development that is always the future, crypto will be used to become a more effective transaction even though many are eyeing it.
One way can be to incentivize through changes and sales, that is, if you sell a television or if you are an owner of a commercial store, you can implement the payment through Bitcoin, this if it does not bring you problems with the country where you live, since there are many countries that are generating laws for the use of cryptocurrencies, and the least that is wanted is to cause a problem before the merchant that has the enterprise.

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February 27, 2019, 07:34:52 AM
 #616

If we want to use bitcoin as a currency then we marketplaces and online marketing shops should update their systems to accept cryptocurrencies. Also, i believe crypto enthusiasts can actually champion this course by publicly spending their cryptocurrencies rather than just holding them like an asset.
But how we are going to convince the people bitcoin is actually a currency while it still have volatile nature on its price value.

First we need to spread about the bitcoin to each and every corner in the right way,don't say we can get rich quicker by buying bitcoin because it will make the scenario more worse.

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February 27, 2019, 07:50:26 AM
 #617

At present, we are still constrained by the legalization of bitcoin in several countries so that people do not believe in doing transactions with bitcoin. But, if all countries in the world legalize bitcoin, then maybe everyone will use bitcoin as a currency like a fiat currency because they believe that the legalization done by the government against bitcoin makes transactions in the form of bitcoin safe.


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February 27, 2019, 08:33:13 AM
 #618

Making bitcoin to be a legal tender for the purchase of goods and services , there is the need to improve on the various key  technologies of the blockchain, such as scalability, interoperability , security issues etc.
This is to ensure that the blockchain brings value to the everyday activities of the people.
There's also the need for government to accept bitcoin and support it.

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February 27, 2019, 10:37:25 AM
 #619

How can we get people to use bitcoin as a real currency and not just a quick way to get cash as a lot of people seem to do? When I say currency, I mean the literal definition of currency as something that is used as a medium of exchange.
Even online, there are only a few stores who are accepting it as payment.
In my own personal opinion, we can get people to use bitcoin as a currency is by encouraging and influencing people who has their own business because they could start accepting bitcoin from that. And there will be chances that more stores and business will start to accept bitcoin too.
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February 27, 2019, 10:45:36 AM
 #620

A legality is the main thing to do to be able to provide rules that people must use. this is very important so everyone will continue to do so. whereas currently bitcoin is still a debate in every country



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