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Author Topic: How do you use crypto?  (Read 5238 times)
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October 03, 2019, 01:07:46 PM
 #281

To my regret, cryptocurrencies in my country have no practical use, so only trading and HODL remain. I hope that the situation will change in the next couple of years, because the essence of cryptocurrencies is not just to be just a speculative tool

that situation still happens in many countries so there has not been a major change to cryptocurrency because to use cryptocurrency in real life is still very rare, wider use will indeed happens after large scale adoption happens in many countries
Hope this happens. Although the governments of some countries have a negative attitude to the introduction of cryptocurrencies in their economies and are trying in every possible way to block any attempts to pay with cryptocurrency.
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October 03, 2019, 01:39:03 PM
 #282

To my regret, cryptocurrencies in my country have no practical use, so only trading and HODL remain. I hope that the situation will change in the next couple of years, because the essence of cryptocurrencies is not just to be just a speculative tool

that situation still happens in many countries so there has not been a major change to cryptocurrency because to use cryptocurrency in real life is still very rare, wider use will indeed happens after large scale adoption happens in many countries
Hope this happens. Although the governments of some countries have a negative attitude to the introduction of cryptocurrencies in their economies and are trying in every possible way to block any attempts to pay with cryptocurrency.
In terms of governance and the the title of the thread "How do you use crypto?" How do you feel about crypto from the point of view of a governance tool itself? I find it interesting to see how the traditional models for governance in one setting or another can be modified and improved using blockchain technology. You may be interested to check out Suterusu - https://medium.com/suterusu/what-is-a-liquid-decentralized-meritocracy-23788398cc88
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October 03, 2019, 02:41:49 PM
 #283

I use cryptoqurrency as its function, crypto offers some money in the form of investment, blockchain technology is an extraordinary innovation because it provides convenience in digital asset transactions, and the latest news is now many companies are starting to build technology for needs such as buying and selling products using crypto.

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October 03, 2019, 03:17:16 PM
 #284

Well,  I do feel guilty because I am using crypto just to gain,
gain ? you mean your a hodler/investor  ?  why your guilty with that . just because you dont buy or contribute ? no you shouldnt  .if you obtain your coins in a legal way then there is no problem  .  while others that obtain crypto in a illegal way are those who dont feel any guilt inside them  .

i use my crypto differently . im not a hodler but only a spender and i dont feel regret spending all my crypto anytime of the day but this only makes me happy

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October 03, 2019, 03:51:25 PM
 #285

I use a crypto debit card quite often to buy stuff. Does that count as using crypto?
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October 03, 2019, 04:04:25 PM
 #286

in the future cryptocurrency will dominate, indeed for now crypto is still in the development stage and also people are more interested in trading and taking daily profits rather than actually using it for technological advancements.
but each year the crypto becomes more widespread and some countries have legalized it,
I think after 2 decades people have started using crypto as a technological advance, rather than taking advantage of daily trading.
for now I follow what most people do to take advantage of daily, weekly trading.

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October 03, 2019, 04:13:50 PM
 #287

I use cryptoqurrency as its function, crypto offers some money in the form of investment, blockchain technology is an extraordinary innovation because it provides convenience in digital asset transactions, and the latest news is now many companies are starting to build technology for needs such as buying and selling products using crypto.
cryptocurrency is simply not understandable for ordinary people and it is very difficult to use, but very soon the technology will become better and everyone will be able to use wallets and cryptocurrency for the ordinary life

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October 03, 2019, 04:44:25 PM
 #288

I think it would be very difficult for the projects that have utility tokens to promote their coins - not only like an investment instrument... Security tokens look better in this case.













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October 03, 2019, 04:55:12 PM
 #289

like other users, I use crypto as a long-term and short-term investment tool. and what makes me interested in jumping into the world of cryptoqurrency because crypto has given me huge profits in investment and trade.

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October 03, 2019, 05:15:25 PM
 #290

Personally, I see crypto as an avenue  to make and earn passive income. I don't really use crypto to make transactions online or for transaction of goods and services. I basically invest in cryptocurrencies, hold them till they are valuable enough to make me some profits. I do this because crypto is not really accepted in the mainstream of the financial ecosystem. 


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October 03, 2019, 05:21:55 PM
 #291

Personally, I see crypto as an avenue  to make and earn passive income. I don't really use crypto to make transactions online or for transaction of goods and services. I basically invest in cryptocurrencies, hold them till they are valuable enough to make me some profits. I do this because crypto is not really accepted in the mainstream of the financial ecosystem. 

   We are the same Minersday. I think of crypto-currencies as an investment for the future. My country is far behind modern
countries, here crypto-currencies are far from mainstream, many still don`t know about them. My government didn`t mention
crypto-currencies even once.   
   One day when they become accepted I will think about using them, by then I hope that prices will be higher then they are now.
For now that looks like a far away future, now I`m focused on earning and investing, to have as much as I can have.



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October 03, 2019, 05:22:40 PM
 #292

Crypto has been around for over a decade at this point. The secure digital currency has many perks, but it seems that it is still not being utilized to its fullest potential.

Some purchase crypto for long term investment, while others have become daily traders. Both of these methods are uses for the digital currency, but they are not the sole purpose.

Many cryptocurrencies have been developed to solve a problem. For instance, Bitcoin solved the double-spending problem, while Ethereum was created to assists developers build blockchain applications.

Both of these examples would be considered the prime use case of the currency, but it seems that many are only interested in the gain rather than the use.

It is difficult to predict if the true value of blockchain technology will be relevant in the future and expand beyond trading.

What are your thoughts, and how do you use crypto?

So far in my crypto career, I have never used any crypto services except for sending or receiving money other than that I only use for trading purposes.




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October 03, 2019, 05:25:04 PM
 #293

For now the use of crypto is still limited to investment assets, and that is a natural thing to happen at this time because there are limited regulations made by a country that prohibits crypto users to make payments both sales and purchases of goods using digital currency. And this happens a lot in several countries, but  however although so many online company sites that accept payments using crypto because indeed with crypto payments will certainly be easier to reach each of their customers in various countries without being hindered with certain currencies.

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October 03, 2019, 05:31:25 PM
 #294

For me cryptocurrency is needed for three purposes: the accumulation, storage and transfer of value.
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October 03, 2019, 06:26:32 PM
 #295

I don't use much in cryptoqurrency, I only use two options like investment and trading. . maybe next time I will buy a product via crypto ...
Try to pay for services through cryptocurrency, you will see that it is very fast and reliable, while there will be minimal fees. I even repay debts with the cryptocurrency that I took with ordinary money.
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October 03, 2019, 07:08:32 PM
 #296

I dream to use crypto in real life, for example to but tickets or coffee, but for now I am investing and trading and also bounty! searching how can I earn crypto
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October 04, 2019, 11:45:53 AM
 #297

I use it like everyone, trade and invest. But sometimes I use it to pay electricity, buy airtime, and convert it into e-wallet. This can be done when your partner want to convert with you. I mean he/she deal with crypto payment.


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October 04, 2019, 11:55:25 AM
 #298

I'm not much different from you guys, using cryptoqurrency as an investment or trade tool. in addition, I also use crypto as a means of payment for a product that accepts transactions using cryptoqurrency. I hope this technology is more advanced and crypto can be used as a payment instrument like paper money.
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October 04, 2019, 12:49:25 PM
 #299

At this point I am using crypto as aan asset. Cause in my country there is not much option to use crypto. But I once or twice use crypto as an payment system online. And I would like to do that on daily basis.

 
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Colt81
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October 04, 2019, 01:02:11 PM
 #300

I also used my crypto for long-term investment and trading, so when i started to earn huge profit from my investments that would be the time that i will be able to cash out my profits to buy all of my wants and needs. Cryptocurrency really solve my financial problems in life, that is why i continue to use crypto to support all of necessities.
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