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Edraket31
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November 14, 2019, 04:06:46 AM
 #21



Who here uses Bitcoin daily or lives on the financial crypto market?




For few years, Bitcoin has been part of almost my daily routine, since I am earning some from trading and from joining signature campaigns, I use this to finance my monthly expenses such as paying my utility bills, telephone , internet, electricity, credit cards and I am saving some of it to pay the tuition fee of my 2 kids as their education and security is so important for me as a parent, so even though they are at young age, I am giving them the best education for their future.

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November 14, 2019, 04:08:34 AM
 #22

Who here uses Bitcoin daily or lives on the financial crypto market?

I don't, but I used to pay bills(electric bills and such) using bitcoin(I don't pay it directly to the company. I'm using an app and the app will automatically convert the bitcoin into fiat when I pay using bitcoin).

I personally use Bitcoin wherever I possibly can, and accept it directly without converting it to fiat immediately. I have been using Bitcoin daily for years. (Ever since Bitpay started improving its Bitcoin debitcard product)

a lot of people would love to use bitcoin daily(including me) but there still a lot of things that have to be done for it to be feasible for daily use. For me right now using bitcoin as a payment
for bills(like I mentioned earlier) is the most convenient and practical way to use it.

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November 14, 2019, 04:23:31 AM
 #23

There's a limited way to spend bitcoin here so its not possible to rely on bitcoin as your currency to provide the things you need each day.

I usually spend my bitcoin when paying my bills using our local wallet. It has features wherein you can use your btc to load your phone or pay your monthly bills or even your monthly contribution for different agencies.

Im looking forward for more merchant to accept bitcoin so it will become possible to use it for daily living.

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November 14, 2019, 04:29:26 AM
 #24

I can consider my self as living half of cryptocurrency and fiat financially. The reason is that not all the time there is a feature for simple stores to accept cryptocurrency. Though through my personal transaction from my peers, I utilize crypto, I still cannot implement it to an overall transaction that I have. For example, not all transportation vehicle permits to pay using crypto, not all grocery store utilizes it and more factor follows. But I am hoping to the fact that through time, enterprises can develop their own crypto systems in the future.
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November 14, 2019, 04:31:46 AM
 #25

That's nice to hear. It is one thing to be just a Bitcoin or crypto supporter and quite another to really live life as a Bitcoin or crypto supporter.

But I don't think this is possible in my country right now. Bitcoin or crypto-accepting stores are not that widespread. In fact, there are only a handful mainly spread within the national capital region. Although there are already crypto debit cards in partnership with the likes of Visa, MasterCard, or UnionPay all over the world, it is also not that known here yet. Even living fully cashless here is kind of difficult with a big part of our markets not even keeping up with the digital age.
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November 14, 2019, 04:32:10 AM
 #26

Read the full article on the challenges and possible solution to living on Bitcoin daily here: www.forrestvisions.com/blog/living-on-bitcoin


Who here uses Bitcoin daily or lives on the financial crypto market?




I personally use Bitcoin wherever I possibly can, and accept it directly without converting it to fiat immediately. I have been using Bitcoin daily for years. (Ever since Bitpay started improving its Bitcoin debitcard product)


Im not really spending my btc or any other crypto just to make purchases or pay for services in a daily basis. Im more on using fiat debit cards and cc to use it on daily transactions. We dont have a lot of merchants and service providers that accept btc either. btc atms are also in the selected areas only.
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November 14, 2019, 05:29:31 AM
 #27

For a while I tried using bitcoin without trying to covert it into fiat but it the not work out so much for me because of not everything I can get can I use bitcoin to get it some people are still not yet clear on what bitcoin is and it's sounds like fantasy to them
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November 14, 2019, 05:45:14 AM
 #28

I use it daily at food merchants in the business district. I decided early on that I would support the merchants that supports Bitcoin, so I take my lunch budget at the beginning of the month and I convert it to bitcoins. I then spend those bitcoins daily at the local food merchants to buy food and drinks for lunch.

The challenge for me is to get more food merchants to accept bitcoins, because I am limited to about 5 food merchants now and it is boring to eat the same things over and over again, every day.  Roll Eyes

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November 14, 2019, 05:59:14 AM
 #29

That is the real platform for Bitcoin but unfortunately, we are not getting enough space for this purpose, I think if Bitcoin would become an easy-going payment system then people must use it for their daily life but due to lack of price stability and legal status people don't get this opportunity yet, so I think it's not the time to think about this platform, I think when this Bitcoin platform will become stable and get accepted at the whole world then we will use it, But It requires a lot of time because still, people are not used to having it due to lack of acceptability and credibility. I think this Cryptocurrency platform should be more stable and accepted and then it will automatically be used in our daily life.

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November 14, 2019, 06:48:10 AM
 #30

I use it mainly to buy the things I wanted online.
Same and it looks like this the least we can do when it comes on using bitcoin as payment. Though we're slowly on adoption we can't still deny the fact that only few countries has opened their doors for bitcoin. However, I know we're getting there as virtual wallets are emerging and people are slowly getting used to it.

Likely, just also use bitcoin on paying bills online and sending money, no more no less.

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November 14, 2019, 07:00:15 AM
 #31

in my country currently a little more stringent in crypto currency regulations especially bitcoin, before in my country many sites that provide payment with Bitcoin or EThereum to pay electricity bills and buy pulses or other, I still use bitcoin every day to trade sometimes every profit I get from trading on the exchange to pay anything, but must sell it first to the currency of my country

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November 14, 2019, 07:52:39 AM
 #32

We lived on Crypto full time until I got a teaching job, but my Wife now told me she has now a full time job being paid in Bitcoin as her monthly salary, so technically now form that she can live on it full time, as I am teaching in Thailand right now.. So if I were to pack my job in now and went back home, we could live on Bitcoin alone, plus other crypto jobs I am doing but I have a two year contract and I enjoy what I do. She can work remotely and join me in Thailand soon for a few months, which is great. Living on Bitcoin gives you more freedom of choice.


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November 14, 2019, 10:02:52 AM
 #33

In the whole world I believe there are only a few governments that accept Bitcoin directly (as in, they accept Bitcoin without you needing to sell or convert it). These are in Switzerland and Austria, and even then it is not for every public service, just selected ones.

Even so, I can only read about these in newspapers, never tried myself.

It will take time, but for now yeah, all we can do is sell to fiat and pay bills. But one day...

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November 14, 2019, 11:47:05 AM
 #34

In the whole world I believe there are only a few governments that accept Bitcoin directly (as in, they accept Bitcoin without you needing to sell or convert it). These are in Switzerland and Austria, and even then it is not for every public service, just selected ones.

Even so, I can only read about these in newspapers, never tried myself.

It will take time, but for now yeah, all we can do is sell to fiat and pay bills. But one day...

I think that Venuezuela is also accepting it, they are adopting the use of crypto to their country as one of their way to cover up the loss the had from financial crisis, so they are checking all the possible ways for it.

Well, here in our country, people will not threat you once they saw and they knew that you are in crypto world, little by little they are realizing it is not a scam.
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November 14, 2019, 12:17:24 PM
 #35

I currently live using bitcoin, making profits from bitcoin trading for my daily life. in my country Bitcoin has not yet been accepted by the state. so you can't trade using bitcoin to buy things. it must be converted to fiat.
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November 14, 2019, 12:26:01 PM
 #36

Bitcoin adoption in my country is not widely accepted, as many people in our country are not yet aware of this technology. Me, I only use bitcoin when I pay for water bills, electricity and internet bills. I also use it for local online shops here in my country because they are accepting bitcoin but it is automatically converted to fiat money.
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November 14, 2019, 02:21:13 PM
 #37

Read the full article on the challenges and possible solution to living on Bitcoin daily here: www.forrestvisions.com/blog/living-on-bitcoin

Excerpts from the article 
Quote
Many companies have taken a defiant stance against Bitcoin because of these price fluctuations.
This is the main reason why merchants are having a second thought, and those who do are doing this because of they supporters or doing experiments, but if I am a merchant I will readily accept payment, I will just set up or create a safety net, so even if Bitcoin drops or increase my company is still safe. 

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November 14, 2019, 02:34:06 PM
 #38

If bitpay can be used in my country and get permission to connect with various payments, then it's very interesting, the only thing I know up to now is that there is only one local premium tv service that accepts bitcoin, and that too doesn't get big attention. Basically the price of services / products can be made more expensive because the price of BTC is always changing, the most important thing is its function.



 

 

 

 

 

 


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November 14, 2019, 03:12:09 PM
 #39

Read the full article on the challenges and possible solution to living on Bitcoin daily here: www.forrestvisions.com/blog/living-on-bitcoin


Who here uses Bitcoin daily or lives on the financial crypto market?




I personally use Bitcoin wherever I possibly can, and accept it directly without converting it to fiat immediately. I have been using Bitcoin daily for years. (Ever since Bitpay started improving its Bitcoin debitcard product)


I'm starting to become quite fond of using crypto-currencies for everyday occurrences. Ordering Pizza is probably my favorite thing to spend coins on. I first started around 2014 when Coinbase was just getting off of the ground and starting to take shape as a legitimate regulatory compliant exchange. To be frank, after the Mt. Gox situation, as a speculator I was scared as hell to invest in any exchange. Purse.io is probably one of the best platforms still around from the early days.

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November 14, 2019, 03:47:25 PM
 #40

Read the full article on the challenges and possible solution to living on Bitcoin daily here: www.forrestvisions.com/blog/living-on-bitcoin


Who here uses Bitcoin daily or lives on the financial crypto market?




I personally use Bitcoin wherever I possibly can, and accept it directly without converting it to fiat immediately. I have been using Bitcoin daily for years. (Ever since Bitpay started improving its Bitcoin debitcard product)

Well,that's good for you. Here in my country i can use bitcoin for online transaction,selling or buying selected product but using bitcoin as daily living it's not. You still need to convert it into fiat before you can use it anywhere or even to buy goods and services.

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