How do you use bitcoin?

[fishbonez11]

There are many countries where bitcoin is not accepted legally, so how do you use bitcoin in that country? Usually if you raise the level of bitcoin use in that country then you may get into legal trouble.
So how do you use your earned bitcoin in that country.

I only buy bitcoin to store and hope that the price will eventually get better. So far, I get good return. In my country, bitcoin is slowly being adapted by merchants in my country. I've seen online store accepting payment for goods and services. I've tried but it's better to hold it than spend it.

[SoryuMaiden]

I think, it's about time to show the world the importance of bitcoin and other cryptocurrencies esp. in times of calamities and disaster. The economy has been greatly affected by the pandemic. We also experience multiple typhoons here in our country, and we badly need help like relief goods and other necessity. The fastest way to send the donations will be through online transactions, and the bitcoin will play a big role in this kind of situation.

[Crptomagma]

There are many ways to spend bitcoin even these case, bitcoin is digital and is not limited. In a country where bitcoin is not accepted legally for any reason best known by the country, you can still use your earned bitcoin to trade online or convert it to fiat. But nevertheless you shouldn’t panic much 10 years from now that country will allow bitcoin legally. I have seen many nations who try to fight bitcoin but failed because we see bitcoin prevailing by the day.

[naomi-the-cat]

Im trading and converting btc -> fiat. Its the only real use case for me

[bayu7adi]

I live in Bali, and the rules and regulations regarding the use of Bitcoin here are quite simple. The government prohibits all use of Bitcoin as a transaction tool in place of the official currency of the country. The government still allows us to have Bitcoin as a futures asset, so we can still buy Bitcoin and have it in our wallet. It's just that Bitcoin can only be sold into other currencies and cannot be used without hiding from the government system.

In 2018 our government carried out an eradication of online stores and ordinary stores that use Bitcoin as a means of payment. As a result, 2 cafes in Bali received warnings because they were still using Bitcoins as their payment medium.

So for now, I'm only using Bitcoin for savings and investment purpose.

[bittraffic]

Im trading and converting btc -> fiat. Its the only real use case for me

I would assume most of us do covert our BTC to fiat to be able to use it in real life. I know someone who kept buying BTC which I'm also selling to him every time I want cash. He invests in BTC and buying my BTC either to fiat or Paypal money depending on which I want. He buys mine for a fair price.

I'm keeping my altcoins however incase I got some tokens that are promising but when I convert it to BTC, I always sell it to him.

[Untomabur]

There are many countries where bitcoin is not accepted legally, so how do you use bitcoin in that country? Usually if you raise the level of bitcoin use in that country then you may get into legal trouble.
So how do you use your earned bitcoin in that country.

apart from in Japan and Korea, Bitcoin is indeed strictly prohibited as a means of payment,
it's just that Bitcoin is currently still said to be a valuable investment instrument in the future, like gold,
but take it easy Bitcoin is also still used as payment only on some sites, and paypal is also now Bitcoin is already accepted,
I am sure that in the next few years Bitcoin can be used as a legal payment.

[Binaryx.Exchange]

Trading on Binaryx  https://www.binaryx.com/exchange

[proTECH77]

Some countries never still understand bitcoin and how it will help the government to reduce unemployment in the country if they make bitcoin legalized in the country. Some country allow their citizens to buy and pay with their bitcoin without any challenge from the government agency like some country that bitcoin is not legalized and everything you buy you pay with their currency which they really believe on their currency than any other digital currency.
In some countries,there are many ATM machine all the country where you can make use of bitcoin transaction in your business without fear of police like other  bitcoin users who use to afraid because bitcoin is not legalized in the .  The country I am now, make bitcoin legalized in the country all the shops allow any customer to buy and pay with their bitcoin.

[Yatsan]

Luckily, we are not facing that much problem or trouble here in my country for we have our local exchange that caters the way we can handle the usage of our Bitcoin earned and other cryptocurrencies packaged into the same exchange. The local exchange do also serve as a wallet for storage that is partnered with many merchant wherein we use digital payment option everytime we choose to purchase or pay for our necessities using the local exchange we have. Also, we are not having a problem on the way we use it with our government for they are not totally restricting us to use it but they do not also encourage people to use Bitcoin and other cryptocurrency and we only crypto users take it full responsibility of whatever happens stay with us. That is no certain issue as long as we can acquire and use Bitcoin for our daily necessity using our local exchange that we have.

[Zanab247]

Bitcoin ATM machine are everywhere in my country,where you can pay and withdraw any amount of money you want to withdraw. Close to a year when my country legalized bitcoin in the country which is giving many bitcoin trader a good profit because, you can buy from any store and pay with bitcoin in any store in the country.
Bitcoin Very easy to use in my country compare to where is not legalized that make many people find it difficult to understand and use it to grow their business.

[oktana]

if you notice, bitcoin is not planning to improve or add to the use cases.

Are you being serious? Bitcoin is improving in its use case on a daily basis. If you open a store and start accepting bitcoin, isn't that counted as the improvement of Bitcoin's use case? And this is happening lately. People are beginning to use Bitcoin in various ways. Besides, there are other ways in which Bitcoin's use case is improved. You may say that there's no additional use cases (Just making payments, and transferring money). But you can't say that Bitcoin doesn't Improve in its use cases.

[k@suy]

Bitcoin ATM machine are everywhere in my country,where you can pay and withdraw any amount of money you want to withdraw. Close to a year when my country legalized bitcoin in the country which is giving many bitcoin trader a good profit because, you can buy from any store and pay with bitcoin in any store in the country.
Bitcoin Very easy to use in my country compare to where is not legalized that make many people find it difficult to understand and use it to grow their business.

You are lucky because you have atm in your country, here in us we need to convert it into fiat before we can get money or we can use it directly, there are only limited establishment and stores accepts bitcoin directly from your wallet, so most of the time I will convert it into peso then in an instant I can use it, but I need to withdraw it in my crypto wallet first of course.

[Wawa2013]

I am among those who have difficulties if I want to spend Bitcoin, maybe the number of merchants who accept Bitcoin payments is
still small that is the reason. So, to be able to spend Bitcoin, I always convert my Bitcoin to fiat currency, so it's easier to spend.
I hope that more and more countries accept Bitcoin, but not only as a digital asset, but as a means of payment. That way we can
actually use Bitcoin as currency.

[$crypto$]

I am among those who have difficulties if I want to spend Bitcoin, maybe the number of merchants who accept Bitcoin payments is
still small that is the reason. So, to be able to spend Bitcoin, I always convert my Bitcoin to fiat currency, so it's easier to spend.
I hope that more and more countries accept Bitcoin, but not only as a digital asset, but as a means of payment. That way we can
actually use Bitcoin as currency.

What I know is that there are some merchants that accept bitcoin payments but not all goods that I want but they are bitcoin according to the current price conditions, it will be longer if some online shops accept bitcoin because it needs high adoption to be accepted in society with payments using this digital bitcoin asset.
But I am sure that in the future bitcoin will still be widely used around the world, even online stores will accept it whenever they want because this is a valuable asset to its community.

[GDragon]

Here in my country, the Philippines, we are free to use Bitcoin. We have a local wallet here that is used by most of us. Its name is coins.ph. In that wallet, we conveniently convert bitcoin to fiat and it can also store etherium. Our government doesn't restrict people from using it which is why we have no problem at all.

[marcous]

There are many countries where bitcoin is not accepted legally, so how do you use bitcoin in that country? Usually if you raise the level of bitcoin use in that country then you may get into legal trouble.
So how do you use your earned bitcoin in that country.

Many countries have legal using bitcoin as currency payment except my country still illegal if you wanna use bitcoin as payment currency transaction, still not available when you buy some thing and use bitcoin for payment way. Just I use bitcoin as investing and trading transaction for earn profit and money. Still large people in my country do not know with bitcoin and need education early how to make bitcoin as payment transaction, how to get profit after bitcoin become legal transaction because many people just think bitcoin as investment only right now. Optimist few years later bitcoin will be legal transaction payment if have higher price and always more advantage after using bitcoin as currency than make transaction with fiat only.

Yeah, Many countries have legalized Bitcoin to invest even as a transaction tool.  I have read an example of an article in Japan. In Japan, the Japanese government has legalized bitcoin as a legal currency for digital transactions.  This approval is marked by the number of retailers accepting payments in bitcoin.

[Jeger.Kiting]

There are many countries where bitcoin is not accepted legally, so how do you use bitcoin in that country? Usually if you raise the level of bitcoin use in that country then you may get into legal trouble.
So how do you use your earned bitcoin in that country.

apart from in Japan and Korea, Bitcoin is indeed strictly prohibited as a means of payment,
it's just that Bitcoin is currently still said to be a valuable investment instrument in the future, like gold,
but take it easy Bitcoin is also still used as payment only on some sites, and paypal is also now Bitcoin is already accepted,
I am sure that in the next few years Bitcoin can be used as a legal payment.

Never mind Japan and Korea which strictly prohibit Bitcoin as a means of payment, in the maritime Southeast Asia it is the same, strictly prohibiting bitcoin as a means of payment, for example Indonesia, the government strictly prohibits Bitcoin as a means of payment, and it is unresponsive that even the person will be sentenced if caught use Bitcoin in any area for example their capital city JAKARTA, although legal but only in some cities are allowed to use bitcoin as a means of payment, namely BALI and KING FOUR and these are places that are often visited by tourists from abroad because of the large number of tourists who arrived until the Indonesian government or the resot owner provided Bitcoin ATMs for those who wanted to use Bitcoin or the Indonesian currency ..

[dificanovi]

There are many countries where bitcoin is not accepted legally, so how do you use bitcoin in that country? Usually if you raise the level of bitcoin use in that country then you may get into legal trouble.
So how do you use your earned bitcoin in that country.

it is very difficult to use bitcoin in a country that does not legally accept bitcoin. i will trade and join the bounty program, if i get bitcoin then i will change bitcoin to fiat currency so i can use it to buy something i want.

[nemey]

Until now, I have focused on using Bitcoin for trading to make a profit. I have never made a purchase transaction or anything with Bitcoin. Because in my country Bitcoin is still not legal. So that you cannot make payments with Bitcoin.