Bitcoin Daily Living

[Mike Mayor]

Interesting very feasible once the utilities start accepted bitcoin....its funny we all need the internet ISPs even in order to use bitcon core, or this fourm, yet I have not seen any news of major telco or ISP accepting BTC...

Imaging automatic withdrawals one day with a trusted wallet architecture for paying the monthly utilities. Daily use will skyrocket.

I don't think most countries or governments will accept crypto payment because they might feel they losing control by accepting a crypto payment. They won't have control over it as they will with government-issued fiat.
If crypto could be used for this then even people who have never used crypto will be inclined to accept it since they probably feel it doesn't have enough uses and if it cannot pay the bills they not interested. So that would change many peoples opinions about crypto and give very real and actually use for crypto beyond just purchasing luxury items and certain other items.

[dimox]

i never use bitcoin in daily, im just use it on my screen everyday. and am not sure if in my country there is some people use bitcoin in daily, its hard because not all store or service provide bitcoin payment. if you want to life with bitcoin, you must go to some country that accept and already implement bitcoin payment many store

[MWesterweele]

I don't think most countries or governments will accept crypto payment because they might feel they losing control by accepting a crypto payment. They won't have control over it as they will with government-issued fiat.
If crypto could be used for this then even people who have never used crypto will be inclined to accept it since they probably feel it doesn't have enough uses and if it cannot pay the bills they not interested. So that would change many peoples opinions about crypto and give very real and actually use for crypto beyond just purchasing luxury items and certain other items.

Yes it cant be not unti they are the one who will gonna legalizes it. I am using bitcoin, for the daily expenses of my family, I cannot directly uses it , because I needed to convert it in fiat first but, it realy help me very much in every situations, hoping for bitcoin atm here so I dont need to convert first.

[Bonenx14]

the use of bitcoin for me is only limited to investment or daily trading and when it is used to buy goods it cannot be because of its limited use, maybe that's all that can be done with bitcoin for its use.

[makolz26]

the use of bitcoin for me is only limited to investment or daily trading and when it is used to buy goods it cannot be because of its limited use, maybe that's all that can be done with bitcoin for its use.

No matter where you are going to do Bitcoin for a living it will be up to you, whether it is for trading, investing in ICO/IEO, just for holding, savings, or you want to buy something and they are accepting only Bitcoin, whatever it is what matters is that we are using Bitcoin in our daily lives, this makes it becoming more popular.

[keeee]

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)

You mean that in your country almost all stores accept bitcoin? Because it is difficult to live if you only use your bitcoin to pay especially since not everyone is aware of crypto currencies. Here in my country there are very few stores that accept bitcoin. So fiat money is still my main thing when it comes to payment.

You are lucky if your country already recognized bitcoin as a currency.  As far as I know most country doesnt accept it as a rule of payment when it comes to stores. I only used bitcoin as a payment on some transaction but those are who only accept bitcoin. Most of the time I convert my bitcoin in to fiat to used for my daily living because in my country they didnt accept bitcoin. 

[bitgolden]

Living on Bitcoin? It's not quite possible where I live and the same thing with most other places. There are exchanges and wallets that don't offer their full services to some particular places for a reason that's best known to them.

Just like Coinbase, they don't offer services to some places, they will allow you to have access to their wallet but you won't be able to purchase and trade on their exchange, but only make use of their wallet for sending and receiving. The worst ones are the ones that will ask you to verify your identity and still allow you to upload everything and after you have done that, they will tell you their services is not available to you yet, very foolish. Bitcoin is not known much where I live and people don't accept it, except those that are into investing, buying and selling of it.

[DreamStage]

the use of bitcoin for me is only limited to investment or daily trading and when it is used to buy goods it cannot be because of its limited use, maybe that's all that can be done with bitcoin for its use.

So you mean you do not exchange to fiat?

Than you will be losing so much since you are wasting your time investing or daily trading for achieving the emptyness of limbo...

It does not matter if the buying goods is limited, as long you are living daily with it it's worth than doing nothing about it.

Most of the people that do not use it are losing something in return since Bitcoin has so many real world capabilities (it's fiat, face it)

[Pinkris128]

the use of bitcoin for me is only limited to investment or daily trading and when it is used to buy goods it cannot be because of its limited use, maybe that's all that can be done with bitcoin for its use.

So you mean you do not exchange to fiat?

Than you will be losing so much since you are wasting your time investing or daily trading for achieving the emptyness of limbo...

It does not matter if the buying goods is limited, as long you are living daily with it it's worth than doing nothing about it.

Most of the people that do not use it are losing something in return since Bitcoin has so many real world capabilities (it's fiat, face it)

The only reasons why you can't used your bitcoins either the price of bitcoin is low that you wanted to hold it or you experienced huge losses on your investment, that is why you are not able to used it in your daily life. Honestly, i used my bitcoins to provide the things that i need and to pay all of my bills, that is why i am really thankful that i met bitcoin because i couldn't do the things that i can do today without it.

[aamirsuh]

People do not do their daily shopping with bitcoin, unfortunately. There are those who want to trade with Bitcoin. Bitcoin is seen only as an investment instrument. Shopping with bitcoin in everyday life is not becoming widespread. How could that be? I think the dollar-based system could be destroyed.

[TimtheYoutuber]

People do not do their daily shopping with bitcoin, unfortunately. There are those who want to trade with Bitcoin. Bitcoin is seen only as an investment instrument. Shopping with bitcoin in everyday life is not becoming widespread. How could that be? I think the dollar-based system could be destroyed.

It is not being done because Bitcoin is not "valued". People still want to use USD.

[Ayiranorea]

People do not do their daily shopping with bitcoin, unfortunately. There are those who want to trade with Bitcoin. Bitcoin is seen only as an investment instrument. Shopping with bitcoin in everyday life is not becoming widespread. How could that be? I think the dollar-based system could be destroyed.

It is not being done because Bitcoin is not "valued". People still want to use USD.

Bitcoin is valued, but as a source for exchange of goods weren't practiced much. Little by little things will change, and the same will make daily living possible with bitcoin. Right now stores accepting bitcoin in exchange for products were available in very limited locations. When people prefer using bitcoins for purchase and other than trading and into gambling stores will also show interest into advancing with bitcoin acceptance.

[TimtheYoutuber]

People do not do their daily shopping with bitcoin, unfortunately. There are those who want to trade with Bitcoin. Bitcoin is seen only as an investment instrument. Shopping with bitcoin in everyday life is not becoming widespread. How could that be? I think the dollar-based system could be destroyed.

It is not being done because Bitcoin is not "valued". People still want to use USD.

Bitcoin is valued, but as a source for exchange of goods weren't practiced much. Little by little things will change, and the same will make daily living possible with bitcoin. Right now stores accepting bitcoin in exchange for products were available in very limited locations. When people prefer using bitcoins for purchase and other than trading and into gambling stores will also show interest into advancing with bitcoin acceptance.

These stores are exchanging the bitcoins that they are receiving instantly with a service like Bitpay, which is not accelerating the economy like I am talking about in the article.

[minersday]

I wish i could use my bitcoin in my daily expenses but unfortunately the marketplaces that operate in my country are not friendly to cryptocurrencies and so none accept it at the moment. I am hoping once the adoption of cryptocurrencies and bitcoin keep increasing they will get to understand things and modify their payment systems to accepting bitcoin.

[Savemore]

Living on Bitcoin? It's not quite possible where I live and the same thing with most other places. There are exchanges and wallets that don't offer their full services to some particular places for a reason that's best known to them.

Just like Coinbase, they don't offer services to some places, they will allow you to have access to their wallet but you won't be able to purchase and trade on their exchange, but only make use of their wallet for sending and receiving. The worst ones are the ones that will ask you to verify your identity and still allow you to upload everything and after you have done that, they will tell you their services is not available to you yet, very foolish. Bitcoin is not known much where I live and people don't accept it, except those that are into investing, buying and selling of it.

There are only specific services that we can get from using bitcoin, the suitable wallet in my country is coins.ph.    There are a lot of feautes and services that they offered like paying bills, buying loads, buying game credit and of course fast transaction. But still we cannot live by just using bitcoin. Fiat has still a lot of functiond than bitcoin and for me it is better to use.

[gweedo]

I don't think people want to use USD. We have to. If the number of businesses accepting USD and Bitcoin is equal, which do you think will be used more? I can't give that a definite answer, but people have to try this freedom.

I believe people will still choose USD. because the USD has a stable value and doesn't fluctuate too much like Bitcoin. And I am sure businesses will not risk to accept payments with Bitcoin because they are at a very high risk of loss, the price of Bitcoin is always fluctuating every day. In the future I believe that cryptocurrency will be used as a payment method, but I do not appreciate that bitcoin will be chosen. The best is a stablecoin or an altcoin with the least amount of volatility possible

[solaiman2454]

The emergence of Bitcoin as one of the hottest new investment assets has surprised many who once believed the blockchain-driven cryptocurrency would never have real-world value. It has also generated immense amounts of interest from those who had either never heard of Bitcoin before or who knew relatively little about it. As a result, there are now incredible opportunities for making extra money  in the cryptocurrency niche.thanks

[drachman]

I wish i could use my bitcoin in my daily expenses but unfortunately the marketplaces that operate in my country are not friendly to cryptocurrencies and so none accept it at the moment. I am hoping once the adoption of cryptocurrencies and bitcoin keep increasing they will get to understand things and modify their payment systems to accepting bitcoin.

While I am suffering the same problem as you we can at least raise the awareness of bitcoin by asking all the businesses in which we make a purchase if they have any plans to accept bitcoin in the future, and while the answer to that question is always another question like, what it is bitcoin? It is still necessary to ask the question since it is possible that some of those business owners decide to support the cryptocurrency just as we do on our own.

[julius caesar]

Actually I am using bitcoin as my primary investment. Every time that I do have an extra money, I invest it on bitcoin since I know that sooner or later it will become much more higher than I am expecting. I just need to know when is the proper time to sell it. I need to sell it higher than I have bought it so that I will gain profit.

[Reatim]

i think i am way too far from this lifestyle mate because the availability of cryptocurrency to use in my country is limited ,meaning i can only pay bills but first need some conversions ,and also limited areas where i can buy goods and foods using my bitcoin so for me?this is a advantage defend on where you are located and hows your government stands towards cryptocurrency.

I don't think people want to use USD. We have to. If the number of businesses accepting USD and Bitcoin is equal, which do you think will be used more? I can't give that a definite answer, but people have to try this freedom.

if both will have equal value?then why need to choose when the advantage of having transaction online is there?the safeties of your virtual money than physical is also indeed?of course i will use Bitcoin forever if that's the case.