Bitcoin Daily Living

[Eclipse26]

In my case, there are two main factors why it's still hard to use Bitcoin "daily". For my daily living and expenses, it's hard since there's still no enough acknowledgement of Bitcoin in my place because there's still no law about it. Another reason is its volatility. I can't just use it to buy things everyday, I still have to monitor the market. But if I have the opportunity to use it, it's a great opportunity to use it in reality aside from online

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[asus09]

In my case, there are two main factors why it's still hard to use Bitcoin "daily". For my daily living and expenses, it's hard since there's still no enough acknowledgement of Bitcoin in my place because there's still no law about it. Another reason is its volatility. I can't just use it to buy things everyday, I still have to monitor the market. But if I have the opportunity to use it, it's a great opportunity to use it in reality aside from online

When bitcoin can be legal transaction currency bitcoin will get law from government and many transaction will watching by government institution and could use for many transaction kinds, but for bitcoin in daily living only use for trading and investing only and some time could be legal currency payment for some website store using bitcoin as payment currency.

[bitcoindusts]

It is quite hard to use Bitcoin for daily living but I do use it whenever there is an opportunity like buying items in an online shop where they accept BTC,  subscribing to services and pay with BTC.  Using third party apps that promotes Bitcoin usage to pay for Bills, other than that I use fiat currency because using BTC can't be applied.

[Asmonist]

I use bitcoin not necessarily daily. But its somehow a daily basis in a way that the funds I use everyday is through the bitcoin I converted to my local currencies. I always strive to earn it everyday to have extra income to cope up my daily expenses. So far, bitcoi  has been really part of my daily living though not directly I'm paying it but its been part of my daily activities.

[stompix]

And what are the fees for using this debit card? This is one of the things banks that want to remain in business should start considering to do, become payment processors themselves.
~
More importantly, who else in addition to bitpay is doing this? Bitcoin cards (debit/credit) have existed before, but if i recall correctly their fees were very high, not unlike those of an ATM. It is for the convenience, i guess.

https://bitpay.com/card/resources/Fees.pdf
Not so bad but they will never be able to compete with my card from a traditional bank, zero monthly fees, zero fees on ATM withdrawal, zero almost everything apart from 1 euro monthly mobile banking.
Also, I have a Wirex card, works ok but the exchange rate is a bit so and so and don't try to use it outside the eurozone, the conversion rates are overkill and most important, never ever try to use an ATM outside the euro area if you have a euro card, I paid almost 10% once and I'll never experiment with it again.

But no, using a card that converts bitcoin to euro or usd and then you pay via Visa it's not paying with bitcoins, you can claim that you pay with old because you've sold some jewelry at a pawn shop, then loaded your card with those funds and then made a purchase.

[Genemind]

I don't spend too much of my BTC because I focus on holding it. I have been saving my salary and most of my money to buy more BTC. I sometimes spend a single part of my holding whenever I need to pay for my internet provider because I find it more convenient and faster but I have to convert it to our local money to be accepted by network provider companies.

[carriebee]

Bitcoin has been part of my daily living though in my country only few know about this crypto. But bitcoin has a big help because I can use it in paying bills and purchase goods. And some of my btc I hold for long term which I believe I can earn profit.

[k@suy]

Bitcoin has been part of my daily living though in my country only few know about this crypto. But bitcoin has a big help because I can use it in paying bills and purchase goods. And some of my btc I hold for long term which I believe I can earn profit.

Even if I am staying here in the crypto world for how many years, I cant still say that the cryptocurrency is a part of my daily living because here in my country, cryptocurrency is not accepted as a mode of payment because only few knows about this and also before I can use my money from trading, I should convert it first into our own national currency.

[kro55]

There isn't any single place in my country where I can use cryptocurrency. So I can say with confidence that I can't live on CC but on fiat. I am sure my country is not alone on the list, there are many more such places. With fiat even a small kid can buy things and have a living but with BTC only experts can buy or sell.

[isaac_clarke22]

Good for you, OP. I wished I could say the same that I used Bitcoin for years, and not from hodling.
The problem is that I don't find that many mserchants to buy some products using Bitcoin directly. The adoption is quite slow in my country, but that's fine. As long as I can still convert to my local fiat without any problems, I am okay with that.

Besides I could purchase items in online shopping sites like Shopee using my online crypto wallet which I use for that mostly when I am just looking for something to reward myself at least.

[bitzizzix]

I only use bitcoin if needed because I prioritize my future assets and make savings.
and other reasons because in my country of residence there are no services or payments using bitcoin, and if I want to use bitcoin for any payment I have to exchange bitcoin to become fiat.

[Polar91]

In my case, there are two main factors why it's still hard to use Bitcoin "daily". For my daily living and expenses, it's hard since there's still no enough acknowledgement of Bitcoin in my place because there's still no law about it. Another reason is its volatility. I can't just use it to buy things everyday, I still have to monitor the market. But if I have the opportunity to use it, it's a great opportunity to use it in reality aside from online

But to use bitcoin to a transaction will really cost you allot in your daily living. I probably suggest you use bitcoin for huge transactions though, still included in your daily life, but take advantage of the cryptocurrencies we have. Bitcoin is not the only crypto we could use but it could serve as the main currency we need, and  we could convert it to other assets such as XRP or ethereum daily, allot for transactions that we are making. In this case, we aren't just using bitcoin, but incorporating the use of altcoin. Thus, utilizing more cryptocurrency will lead to better crypto adoption.

[aoluain]

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 debit card product)

This is a really interesting topic so I have reopened it. Here are some of my other threads on the topic that were closed. It is really cool to see the progression of comments which suggest that people are using it more and more.

And what are the fees for using this debit card? This is one of the things banks that want to remain in business should start considering to do, become payment processors themselves.

Of course this is not exactly adoption but helping in the transition. If the merchant directly takes bitcoin, there is no reason to give extra fees to a processor. However, as a service, it is nice to have just in case.

More importantly, who else in addition to bitpay is doing this? Bitcoin cards (debit/credit) have existed before, but if i recall correctly their fees were very high, not unlike those of an ATM. It is for the convenience, i guess.

For alternative crypto debit cards you could look at coinbase and wirex,
I created a thread comparing the fees for both > https://bitcointalk.org/index.php?topic=5215053.msg53526840#msg53526840

Up and coming bank activity from Europe might bring more of this sort
of service as they now have a green light to deal in Crypto according to
this article > https://www.coindesk.com/german-banks-allowed-to-sell-and-custody-crypto-assets-from-2020-report

[cynical]

In my case, there are two main factors why it's still hard to use Bitcoin "daily". For my daily living and expenses, it's hard since there's still no enough acknowledgement of Bitcoin in my place because there's still no law about it. Another reason is its volatility. I can't just use it to buy things everyday, I still have to monitor the market. But if I have the opportunity to use it, it's a great opportunity to use it in reality aside from online

But to use bitcoin to a transaction will really cost you allot in your daily living. I probably suggest you use bitcoin for huge transactions though, still included in your daily life, but take advantage of the cryptocurrencies we have. Bitcoin is not the only crypto we could use but it could serve as the main currency we need, and  we could convert it to other assets such as XRP or ethereum daily, allot for transactions that we are making. In this case, we aren't just using bitcoin, but incorporating the use of altcoin. Thus, utilizing more cryptocurrency will lead to better crypto adoption.

Bitcoin transaction fees are not as expensive as a lot of people think.
https://bitcoinfees.info

Next Block Fee: fee to have your transaction mined on the next block (10 minutes).$0.39
3 Blocks Fee: fee to have your transaction mined within three blocks (30 minutes).$0.39
6 Blocks Fee: fee to have your transaction mined within six blocks (1 hour).$0.18

this is not an expensive price to pay for a large degree of privacy IMO

[samcrypto]

I only use bitcoin when necessary but if its just a normal transactions then i will use fiat money but will still depend on the situation. Many are still afraid to use this because of volatility and the price fluctuations. Bitcoin is still not accepted in all physical store in my place so I have no choice but to transact online, hoping for merchants to initiate and accept bitcoin in my country.

[bering]

Using bitcoin for daily life instead of for trade or for digital assets i think this is my dream and if bitcoin can be used for it then that could be good achievement but unfortunately in my country this not more than just only statements because in the fact bitcoin will never used for it and too many factors why bitcoin cannot use as usual currency and most people at here know it that people usually fear the volatility of bitcoin can makes them lost

[Getmon]

I only use bitcoin when necessary but if its just a normal transactions then i will use fiat money but will still depend on the situation. Many are still afraid to use this because of volatility and the price fluctuations. Bitcoin is still not accepted in all physical store in my place so I have no choice but to transact online, hoping for merchants to initiate and accept bitcoin in my country.

We are on the same boat right now. Bitcoin has very limited acceptance in my country as well and it would cost you much just to intentionally go to the physical stores that accept Bitcoin. Normally, the Bitcoin transactions I am involved are online transactions. It is good enough like this but there is still much room for growth.

[Wintersoldier]

Using bitcoin for daily life instead of for trade or for digital assets i think this is my dream and if bitcoin can be used for it then that could be good achievement but unfortunately in my country this not more than just only statements because in the fact bitcoin will never used for it and too many factors why bitcoin cannot use as usual currency and most people at here know it that people usually fear the volatility of bitcoin can makes them lost

I highly think that its main impact will be further focused on improving the daiy to day lifestyle of the people in such a case of developing technology that will accept cryptocurrency in transaction and payment mostly focused on transportation and areas which need payments to be fast and easy. Imaging tapping something to a sensor and wuth cryptocurrency technology, we could already enjoy the trip.In addition, paying in stores will also be a good step to enable us with adopting crypto to almost every transactions we made.

[maxreish]

Using bitcoin in daily lives? Nah, I am struggling with the high fees and regret to use my btc when the price is at it's peak. Though i did not use it in daily basis but I spend it some time in gas stations and bills payment. It's a good feeling to use btc as it's real purpose.  Just like others here stating, not all do accept bitcoin payments. The adoption is not enough because of lack of awareness, so it is really hard to make it happen.

[dimonstration]

I only use bitcoin when necessary but if its just a normal transactions then i will use fiat money but will still depend on the situation. Many are still afraid to use this because of volatility and the price fluctuations. Bitcoin is still not accepted in all physical store in my place so I have no choice but to transact online, hoping for merchants to initiate and accept bitcoin in my country.

I used it to transfer money to other country without higher fee or hassle in going in remittances, though they will soon to convert it in fiat like I do sometime but it's helpful a lot. And as I prefer it to be my investment it is fine not using it daily to bear fruut once bitcoin adoption happens big time.