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Author Topic: How can we get people to use bitcoin as a currency?  (Read 52958 times)
matchi2011
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October 24, 2018, 12:06:55 PM
 #121

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.
As of this moment there is a quite stores (physical and online) that has a method for cryptocurrency or just bitcoin. We cannot really force people to use cryptocurrency as a means of payment of every transaction, it is only applicable for those who has a wide perception for the future not with pessimists about the technology capabilities.
People who loves to explore and willing to adopt new innovations are those who we can convince to use this new system, we can't force anyone to believe with something that we understand, they have different interpretations and own assessment, what we've seen can't be enough to convince others, we can help them to understand and show them how things works but still it is there position how to adopt and analyze things about this new digital currency.

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bittraffic
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October 24, 2018, 12:12:41 PM
 #122



its not easy to make people use BTC.  we normally don't use anything that's something we don't know. There has to have some learning to make people think its safe because the media already made a noise about BTC being related to scams, terrorism and fraud. I think one reason that may force people to use btc is if there is a legal entity that will recommend it or banks can first introduce XRP and then BTC follows.
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October 24, 2018, 01:40:09 PM
 #123

maybe with a lot of information about bitcoin circulating in several media and teaching will make many people try to use bitcoin and want to try to accept transactions using bitcoin for payment on their platform.
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October 24, 2018, 03:16:36 PM
 #124



its not easy to make people use BTC.  we normally don't use anything that's something we don't know. There has to have some learning to make people think its safe because the media already made a noise about BTC being related to scams, terrorism and fraud. I think one reason that may force people to use btc is if there is a legal entity that will recommend it or banks can first introduce XRP and then BTC follows.
Even if crypto or bitcoin is advertised by banks, I still do not think people will use it as currency because that's not a habit for them, they do not know too much about bitcoin and the use of bitcoin would be an inconvenience. People still prefer to use traditional currencies, bitcoin is still a stranger and does not create persuasiveness for everyone and the government, want to use popular and as a currency, I can only say is impossible now, even in the future, become the currency is inconsistent with its features

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October 24, 2018, 04:24:23 PM
 #125

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't force them to use it as a mode of payment or currency when they don't have enough idea about what digital money is. It is important that we'll educate them the use of it first for them to have knowledge on how to use it in different transactions.
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October 24, 2018, 06:06:43 PM
 #126

I think we can motivate our relatives to use bitcoin for payment of services and online goods it is mostly the time that people buy things online and they can use bitcoin as payment method so we can say that people will be more and more to the crypto and for payment it is easy methods from at home we can use our wallet to pay at a low fee than any banks and with in seconds the funds can be transferred.

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October 24, 2018, 06:18:19 PM
 #127

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.
I think it would start with the government. If only the government will legalize it, there would be more people that will use it as a currency.

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October 24, 2018, 06:22:58 PM
 #128

One of the ways to get the public's attention on Bitcoin is to start asking for making payments in Bitcoin in every shop we buy items from. With this, the attention of these shops, companies or businesses will be drawn to Bitcoin and consider integrating it into their payment.
Absolutely the easiest way. People cannot understand the need for something until they start seeing the real life need for it. For now, it is hard to come by any store that will possibly be accepting bitcoin as a payment option and until we start seeing more of that, you will get to see real life adoption as well as usage popping in and people even generally willing to accept bitcoin for any value, knowing that they can always spend it anywhere.

There is usually that thing that comes with acceptance, and when people feel the ease for something, they would most definitely use it. In this case though, we are talking about a situation where you can always easily pay with bitcoins without having to wait minutes for confirmation and we also have to consider some level of market maturity as well.
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October 24, 2018, 07:42:13 PM
 #129

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.

I think as of now, Many people are interested to use bitcoin they are just doubting to engage to it because they really do not know what it bitcoin?, where it came from? and many more. Also it is not legalized yet so many people are avoiding it because they thought it is a scam which is not.  In some country there are store that accepting bitcoin, there are also a country has a ATM machine for bitcoin holders. We just need to proved to others that bitcoin can be a future money inside the internet.

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marcbitcoins
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October 25, 2018, 04:59:25 AM
 #130

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.

There are lot of factors of why Bitcoin can't be a common currency for all people or in other word a world currency for their direct spending. Simply because not all the people know how to use Bitcoin and not all places are internet access unlike the fiat currency in which even the children can use it instantly during their spending.
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October 25, 2018, 05:14:11 AM
 #131

There are many stores that accept BTC as payment for tangible goods.

for example, see list here https://www.buybitcoinworldwide.com/who-accepts-bitcoin/

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October 25, 2018, 06:54:05 AM
 #132

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.



That is what bitcoin purpose for the future being uses in any different aspects like payment directly to store, using bitcoin card being process to pay to airlines ticket, busses, train and any transformation we have if ever we don't have phone carried anywhere.
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October 25, 2018, 07:12:18 AM
 #133

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.



That is what bitcoin purpose for the future being uses in any different aspects like payment directly to store, using bitcoin card being process to pay to airlines ticket, busses, train and any transformation we have if ever we don't have phone carried anywhere.
in fact, there are many who are currently using it as an aspect of payment, but indeed because each country has its own rules, it certainly will make many people not do it because it is prohibited in their country's rules
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October 25, 2018, 07:19:58 AM
 #134

Bitcoin is already use as a currency especially in the form of payment when investing in an ICO projects. Aside from that bitcoin has also being use as a medium in trading for purchasing some goods and products. Take some time to read on some threads on which there were some good company that accept bitcoin and other crypto to be used.
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October 25, 2018, 07:31:06 AM
 #135

So many people already use bitcoins in the virtual world and in the real world, just bitcoin hands are currently tied until the governments legalizes it, then it will be possible to talk about other possibilities when this happens. It is certain that this moment should sometime come.
We should tell people about bitcoins and its advantages. The problem is most of people are not aware about cryptocurrency and bitcoin we have to spared bitcoin everywhere.
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October 25, 2018, 07:33:54 AM
 #136

So many people already use bitcoins in the virtual world and in the real world, just bitcoin hands are currently tied until the governments legalizes it, then it will be possible to talk about other possibilities when this happens. It is certain that this moment should sometime come.
I am sure more people get knowledge more they join bitcoins and cryptocurrencies. We should play our part and convince each and every friend of us join the digital world.
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October 25, 2018, 08:19:09 AM
 #137

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 when first of all that people are willing to use it as a currency. If they are not interested then we can't please them to use it. However, if we want to get them use it then lets start in stating the possible possitive benefits of acquiring and using it. Tell them the hows of it and how will it help in making a person be financially stable. I believe that mentioning the good impacts of cryptocurrency will encourage them to join and try it.

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October 25, 2018, 08:42:05 AM
 #138

Bitcoin is not a good idea as a currency. Although Bitcoin’s goal was to become a currency, Bitcoin now looks more like an investment product than a currency. Its dramatic price fluctuations are not conducive to being a medium of exchange.

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October 25, 2018, 09:43:20 AM
 #139

One of the ways to get the public's attention on Bitcoin is to start asking for making payments in Bitcoin in every shop we buy items from. With this, the attention of these shops, companies or businesses will be drawn to Bitcoin and consider integrating it into their payment.
Yeah, the fact that there are just very few places in the world that accepts bitcoin as a form of payment is one of the reasons people have not been able to come to terms with the idea of real life usage, and apparently, when we start seeing a lot of them popping up, I guess people will tend to see the reason and need to want to make use of it as a currency.

I feel that is what we should be possibly hoping for first, in a situation where you can work up to any store, and then see 'we accept bitcoin here' and then in such situations, we will get to see awareness being created and then see a lot of usage in real life.
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October 25, 2018, 11:29:14 AM
 #140

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 is using as currency all over the world with the passage of time it is spreading much more, although there are many countries where the Bitcoin is banned due to some reasons. Banks in Germany are now using the Bitcoin for they are to pay their loans with more benefited way that is why they are using Bitcoin as payment of loans. Due to its friction-less transaction facility with low cost make it our best choice.
Sure, crypto is being accepted in some stores online, but not on a very large scale that could make any serious impact. Getting people to use bitcoin would be a choice and the ease of usage as far as I am concerned.

One way or the other though, I believe that as time goes on, we will get to see more and more people getting familiar with the market entirely, and then we will see some maturity in the market and possibly not as huge volatility as we have it now, which would give merchants the rest of mind to adopt it as a payment method, but that would be totally dependent on so many factors.
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