airdnasxela
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November 15, 2019, 08:48:29 PM |
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Using bitcoin for daily living is an ideal one. I would want to use bitcoin in daily transactions but I don't really have enough bitcoin to help me survive with my daily expenses. I'm still working hard to earn more btc and rather than spending it everyday, I'm trying to save it for the future. Though I can buy things I want and I need with bitcoin but of course I still have to limit myself in spending it. Also one thing is that, besides from paying utility bills, using bitcoin, I can mostly buy things through online which is not a very practical option. It's much better to buy things personally but they don't accept bitcoin at all.
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Aikidoka
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Sinbad Mixer: Mix Your BTC Quickly
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November 15, 2019, 09:05:25 PM |
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It's really so good if we can use and spend bitcoin daily, it's gonna help more bitcoin to increase and gets more value. I'd like to spend it daily but I don't really earn a lot of btc so I'd rather hold it instead of using it to buy stuffs. I meant, already i can use my local currency to buy anything i want but it seems that bitcoin is more valuable than being spending by buying normal stuffs.
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gabbie2010
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November 15, 2019, 09:36:02 PM |
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Acceptance of bitcoin as means of payment or for any transaction daily is not acceptable for now in my country Although I used to pay for any goods and services using fiat however there exist trusted agents that I trade some of my bitcoin to fiat in a swift transaction thus I have no cause to worry about whether some stores or other services accept bitcoin or not I obviously believe that in few years to come bitcoin would be well recognized as an alternative means of payment in my country.
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drumamat
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November 15, 2019, 09:41:13 PM |
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Alas, I do not use bitcoin in everyday life.And this fact is not due to the fact that I do not like bitcoin,but to the fact that in my country very few services not accept bitcoin for payment.
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wxa7115
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November 15, 2019, 10:08:05 PM |
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Well for most of us, this just isn't applicable yet. I also try to use bitcoin, or even ether and ripple, anywhere possible. Though there's just limited markets where i can use it for now. Most of the time for online purchases only. The main use for crypto for me at the moment would be for trading. And i'm pretty sure a lot of us here deals the same way with it.
Bitcoin is not really popular in my country despite looking for a place to use my bitcoin anywhere I could I still have to find a single business that accepts bitcoin so it is difficult for me to imagine how someone could survive with bitcoin alone. However this could be possible in a country like Japan which has adopted this technology, but before it happens everywhere else we need more affordable fees and this is only possible through the LN.
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rodel caling
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November 15, 2019, 10:51:54 PM |
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I don't live on crypto-only because I can't pay bills and buy food with it. I do however buy almost everything else with crypto and my income revenues include bitcoin as a payout method alongside all the normal banking ones and PayPal which is nice to see because being paid used to be a problem for me. They always wanted me to have a Paypal or something. The bank I use doesn't support Paypal.
How does the bitcoin debit system with Bitpay work? How has it been for you?
I agree with you we can't use crypto to paybills in all aspect as mode of payment, but I admit crypto can help for me to get worse of living to fullfill all my needs if my fiat salary in the my office job is not enough to sustain the needs of my family. i am truly blessed because in the help of this new technology as crypto currency believer I survive and I give the fulfillment of my family needs.
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dunfida
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November 15, 2019, 10:55:09 PM |
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Well, I also used bitcoin as a daily living because I used some of my earnings from bitcoin to provide the things that I need for 3 years, that is why bitcoin and cryptocurrnency is everything to me that without them I couldn't do the things that I can do today. Bitcoin is really helpful for everyone's daily living because it can help a person who doesn't have any source of income.
It's so happy to see that there are lots of people out here that making money thru cryptocurrency that's helping their daily life, just like mine, yeah, just like you, without crypto, we will be in short budget always, I don't have fixed income for now, I don't have stable job, and trading and joining campaign has been a big help in our daily life, so I am so much thankful about this too, not that much compare to others but for me a big help. It is always suggested to have a day job that pays with an earnings. When we talk about bounties and campaigns we can't depend on it completely. If someone asks for, and if you don't have any campaigns to participate then it'll affect your daily living. Good is to know the need and make the right decision on spending. This is correct. Cryptocurrency is full of wild swings and one needs to have a reliable source of income (job, business) to meet daily needs. I do earn a lot from crypto but I am not 100% dependent on CC for living, I have a job that keeps my paying every week. A must thing should be considered by anyone of us specially to those people who do tend to stop or leave their day job and go full time with crypto. It isnt really that idea yet we know that everything on this market doesnt give an assurance to give you constant profits that would support your living forever. However, if you do able to make some decent amount of money might able to change your life forever on financial aspect thats why its still a worthy thing to strive to get profits on doing crypto jobs but dont ever fully rely on it.
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TimtheYoutuber (OP)
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November 17, 2019, 02:06:11 PM |
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Alas, I do not use bitcoin in everyday life.And this fact is not due to the fact that I do not like bitcoin,but to the fact that in my country very few services not accept bitcoin for payment.
What country? If you don't mind me asking.
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Positivebetting
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1Referee
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November 17, 2019, 02:16:33 PM |
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However this could be possible in a country like Japan which has adopted this technology, but before it happens everywhere else we need more affordable fees and this is only possible through the LN.
Affordable fees? The fees have been quite affordable in the last couple of months. If you think fees of $0.05 are expensive, then you should rethink what it means to use Bitcoin. Bitcoin's on-chain fees will never be similar to what shitcoins such as Litecoin or Dogecoin offer, simply because their networks aren't being used much at all. $0.05 in fees is crazy cheap if you add the fact that you use the safest and most liquid network available. That should be worth at least a couple of cent per transaction, right?
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fiulpro
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November 17, 2019, 02:17:25 PM |
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Unfortunately there is always a problem with the government, with the country you are living at , it is actually very cool and lucky to live in a country which supports. We have to actually find sites accepting Bitcoins and not even sites the offline one's are a real problem, also the lightning network is not embedded in every system and wallets that we use therefore it is actually a problem with everything. It's not as easy as it sounds .
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bitzizzix
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November 17, 2019, 02:26:31 PM |
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Well, I also used bitcoin as a daily living because I used some of my earnings from bitcoin to provide the things that I need for 3 years, that is why bitcoin and cryptocurrnency is everything to me that without them I couldn't do the things that I can do today. Bitcoin is really helpful for everyone's daily living because it can help a person who doesn't have any source of income.
It's so happy to see that there are lots of people out here that making money thru cryptocurrency that's helping their daily life, just like mine, yeah, just like you, without crypto, we will be in short budget always, I don't have fixed income for now, I don't have stable job, and trading and joining campaign has been a big help in our daily life, so I am so much thankful about this too, not that much compare to others but for me a big help. It is always suggested to have a day job that pays with an earnings. When we talk about bounties and campaigns we can't depend on it completely. If someone asks for, and if you don't have any campaigns to participate then it'll affect your daily living. Good is to know the need and make the right decision on spending. This is correct. Cryptocurrency is full of wild swings and one needs to have a reliable source of income (job, business) to meet daily needs. I do earn a lot from crypto but I am not 100% dependent on CC for living, I have a job that keeps my paying every week. A must thing should be considered by anyone of us specially to those people who do tend to stop or leave their day job and go full time with crypto. It isnt really that idea yet we know that everything on this market doesnt give an assurance to give you constant profits that would support your living forever. However, if you do able to make some decent amount of money might able to change your life forever on financial aspect thats why its still a worthy thing to strive to get profits on doing crypto jobs but dont ever fully rely on it. That's right, it should be really considered, sacrificing real work only for totality with crypto is not a good solution although crypto can generate income but in my opinion you can still do it even though you already have a permanent job. most importantly, take the time to crypto and besides that you will have double the income from your work and the results of crypto and it will be much better.
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Aying
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https://raiser.network
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November 17, 2019, 02:32:05 PM |
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I myself can say you also use bitcoin every day, but use it by trading using bitcoin. Because in my own country still has not legalized the use of legal bitcoin as a transaction tool that can be used. Therefore my way to participate in using bitcoin is by trading in bitcoin trading and also I use bitcoin as payment when I'm gambling
We can use bitcoin as much as we can. I used it everyday but not for everyday living. I had another job or sideline to take and receive fiat. I just using bitcoin for my emergencies or when I needed it when I want to buy something on internet. same as you @lizarder fiat is still not acceptable everywhere in my country and people still doubt of bitcoin uses. but I don't care about them. as long as bitcoin helps me, I will keep using it because we know what it can do and where it can really help.
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Beparanf
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November 17, 2019, 02:34:10 PM |
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I myself can say you also use bitcoin every day, but use it by trading using bitcoin. Because in my own country still has not legalized the use of legal bitcoin as a transaction tool that can be used. Therefore my way to participate in using bitcoin is by trading in bitcoin trading and also I use bitcoin as payment when I'm gambling
Many stores are not still aware that they can accept crypto in buying their items, in my country we can buy in stores but I prefer to not use it in buying, but there were times I used it in paying bills, as much as possible I aim to hold it until the supply reach that can create hype in demand.
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Meowth05
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November 17, 2019, 02:56:11 PM |
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I myself can say you also use bitcoin every day, but use it by trading using bitcoin. Because in my own country still has not legalized the use of legal bitcoin as a transaction tool that can be used. Therefore my way to participate in using bitcoin is by trading in bitcoin trading and also I use bitcoin as payment when I'm gambling
Many stores are not still aware that they can accept crypto in buying their items, in my country we can buy in stores but I prefer to not use it in buying, but there were times I used it in paying bills, as much as possible I aim to hold it until the supply reach that can create hype in demand. There are only a few stores in my country that accept Bitcoin as a payment hence, just to use this currency I need to convert it first in our local currency to spend it. Even so, just like you, I try not to spend my Bitcoin as much as possible, perhaps I would consider spending if the bull market comes. Spending Bitcoin to buy what you desire is not bad at all because sometimes you need to treat yourself. As a matter of fact, you earn Bitcoin because you want to achieve something, you want to obtain something so don't hesitate to spend your earnings and enjoy it.
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Mike Mayor
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November 17, 2019, 07:08:28 PM |
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It would be very hard to do so, to live on BTC you'll have 2 main conditions
- You'll need a decent sum of BTC to be able to pay for everything or a source of income that pays you in crypto-currencies. - You will also need to be able to find stores for food/water, transport, recreation activities, and real estate options that are able to be payable in BTC, or at least accept gift cards (which are usually able to be bought for with BTC).
Right now, this very hard to do, unless you live in a country with fairly high adoption rates (eg, Singapore).
Your first point is obvious. I myself can say you also use bitcoin every day, but use it by trading using bitcoin. Because in my own country still has not legalized the use of legal bitcoin as a transaction tool that can be used. Therefore my way to participate in using bitcoin is by trading in bitcoin trading and also I use bitcoin as payment when I'm gambling
Many stores are not still aware that they can accept crypto in buying their items, in my country we can buy in stores but I prefer to not use it in buying, but there were times I used it in paying bills, as much as possible I aim to hold it until the supply reach that can create hype in demand. There are only a few stores in my country that accept Bitcoin as a payment hence, just to use this currency I need to convert it first in our local currency to spend it. Even so, just like you, I try not to spend my Bitcoin as much as possible, perhaps I would consider spending if the bull market comes. Spending Bitcoin to buy what you desire is not bad at all because sometimes you need to treat yourself. As a matter of fact, you earn Bitcoin because you want to achieve something, you want to obtain something so don't hesitate to spend your earnings and enjoy it. Yea you may as well spend it instead of fiat. When people say they don't want to spend their bitcoin it makes no sense. Things will get better as adoption happens and we will use crypto to fiat conversions less and less until crypto becomes a viable and supported payment option alongside the current ones we have right now.
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ragavancoin
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November 18, 2019, 11:22:29 AM |
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Well, I also used bitcoin as a daily living because I used some of my earnings from bitcoin to provide the things that I need for 3 years, that is why bitcoin and cryptocurrnency is everything to me that without them I couldn't do the things that I can do today. Bitcoin is really helpful for everyone's daily living because it can help a person who doesn't have any source of income.
It's so happy to see that there are lots of people out here that making money thru cryptocurrency that's helping their daily life, just like mine, yeah, just like you, without crypto, we will be in short budget always, I don't have fixed income for now, I don't have stable job, and trading and joining campaign has been a big help in our daily life, so I am so much thankful about this too, not that much compare to others but for me a big help. It is always suggested to have a day job that pays with an earnings. When we talk about bounties and campaigns we can't depend on it completely. If someone asks for, and if you don't have any campaigns to participate then it'll affect your daily living. Good is to know the need and make the right decision on spending. This is correct. Cryptocurrency is full of wild swings and one needs to have a reliable source of income (job, business) to meet daily needs. I do earn a lot from crypto but I am not 100% dependent on CC for living, I have a job that keeps my paying every week. A must thing should be considered by anyone of us specially to those people who do tend to stop or leave their day job and go full time with crypto. It isnt really that idea yet we know that everything on this market doesnt give an assurance to give you constant profits that would support your living forever. However, if you do able to make some decent amount of money might able to change your life forever on financial aspect thats why its still a worthy thing to strive to get profits on doing crypto jobs but dont ever fully rely on it. Yes. I agree Crypto job is a good thing we can earn daily, there is more benefit as you all know but as you said we cannot rely on that job any time suddenly it will increase and suddenly it will collapse. For short term daily living is fine but for long term it's difficult. Those who are doing crypto jobs will definitely change their life beautifully. But one should work every day to gain more profit and lead a happy life.
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wildan88
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November 18, 2019, 11:54:26 AM |
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Well, I also used bitcoin as a daily living because I used some of my earnings from bitcoin to provide the things that I need for 3 years, that is why bitcoin and cryptocurrnency is everything to me that without them I couldn't do the things that I can do today. Bitcoin is really helpful for everyone's daily living because it can help a person who doesn't have any source of income.
It's so happy to see that there are lots of people out here that making money thru cryptocurrency that's helping their daily life, just like mine, yeah, just like you, without crypto, we will be in short budget always, I don't have fixed income for now, I don't have stable job, and trading and joining campaign has been a big help in our daily life, so I am so much thankful about this too, not that much compare to others but for me a big help. It is always suggested to have a day job that pays with an earnings. When we talk about bounties and campaigns we can't depend on it completely. If someone asks for, and if you don't have any campaigns to participate then it'll affect your daily living. Good is to know the need and make the right decision on spending. This is correct. Cryptocurrency is full of wild swings and one needs to have a reliable source of income (job, business) to meet daily needs. I do earn a lot from crypto but I am not 100% dependent on CC for living, I have a job that keeps my paying every week. A must thing should be considered by anyone of us specially to those people who do tend to stop or leave their day job and go full time with crypto. It isnt really that idea yet we know that everything on this market doesnt give an assurance to give you constant profits that would support your living forever. However, if you do able to make some decent amount of money might able to change your life forever on financial aspect thats why its still a worthy thing to strive to get profits on doing crypto jobs but dont ever fully rely on it. Yes. I agree Crypto job is a good thing we can earn daily, there is more benefit as you all know but as you said we cannot rely on that job any time suddenly it will increase and suddenly it will collapse. For short term daily living is fine but for long term it's difficult. Those who are doing crypto jobs will definitely change their life beautifully. But one should work every day to gain more profit and lead a happy life. 4 years ago I decided to focus on crypto, a difficult start, but over time I could live in crypto. indeed this work is no guarantee for the future, but for at least 5 years in crypto, we already have something for the future, like a business outside of crypto. because right now we can see, it is increasingly difficult to get bitcoin.
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bright4mech
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November 18, 2019, 01:07:35 PM |
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Bitcoin is a digital currency as that is perfectly working at any time, which we can convert to our daily living, which depends the level of operation, How ever, the price of BTC is keep fluctuating as it stated at the article you posted, and is a reality things we are facing, Finally bitcoin is a financial freedom.
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plvbob0070
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November 18, 2019, 03:51:00 PM |
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I do, sometimes... Like paying bills and etc but it's a rare case because it's more convenient to use fiat. I barely see people paying with crypto. Bitcoin is like my source of extra income but it's hard to use bitcoin directly in buying things. We still need more mass adoption for us to achieve that scenario.
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BeManga
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November 18, 2019, 04:30:34 PM |
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Read the full article on the challenges and possible solution to living on Bitcoin daily here: www.forrestvisions.com/blog/living-on-bitcoinWho 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) as of now, it is really hard to live only using bitcoin in my country, until now you can't live only using card almost all the transaction is using real cash like transportation, small groceries, and even small restaurant
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