Can Bitcoin Ever Be Everyday Money?

[dzungmobile]

Maybe some of them dislike the idea about using Bitcoin as means of payment its because they don't understand how to use it and also its critical for them to know that its volatile since this asset is new to them.

They can learn and un modern societies with Internet and digital devices, it is very easily and comfortably for learning about anything; generally much more easily than in the past.

If they are ready to learn, and actually learn, they will certainly know that Bitcoin has many different use cases and not only restricted to use as a mean of payments.

But I'm impressed with the efforts done by their government since they are trying their best to educate people about Bitcoin which I think will bring good result to their country in future.

Governments shill Bitcoin and do educational efforts to support Bitcoin, really?

They don't like Bitcoin even at the present and in the past years, they really disliked Bitcoin but over time, they could not kill Bitcoin and gradually had to accept its existence, then try to maximize benefits they can get from Bitcoin by allowing their citizens using Bitcoin. They only changed themselves and began doing this when they realized that there is no other choices.

[martinex]

Governments shill Bitcoin and do educational efforts to support Bitcoin, really?

It seems that maybe 10 years ago it expired..But maybe not anymore

They don't like Bitcoin even at the present and in the past years, they really disliked Bitcoin but over time, they could not kill Bitcoin and gradually had to accept its existence, then try to maximize benefits they can get from Bitcoin by allowing their citizens using Bitcoin. They only changed themselves and began doing this when they realized that there is no other choices.

A reality that cannot be avoided, as all payment methods are gradually implemented, is that if a superpower is first, others will likely adopt it quickly.

Currently, if we look at the issues, it seems to be trending in that direction, and today's financial market performance is still trending positively, although gold prices are projected to drop to $3,500 per ounce by the end of 2026. Money transfer will likely begin from here, likely to BTC.

[taufik123]

-snip-
They don't like Bitcoin even at the present and in the past years, they really disliked Bitcoin but over time, they could not kill Bitcoin and gradually had to accept its existence, then try to maximize benefits they can get from Bitcoin by allowing their citizens using Bitcoin. They only changed themselves and began doing this when they realized that there is no other choices.

This kind of thing happens almost in all governments, which originally really didn't want to support it at all,
are now changing and providing pretty loose regulation for the development of crypto and Bitcoin.
The government banning Bitcoin only makes them insecure and does not accept the world's revolutionary transaction developments.

Fortunately, my country has made crypto a commodity trade, although it has not been fully adopted,
but this regulation is enough to make crypto and Bitcoin more known and many use it for investment.

Now that crypto is growing rapidly, more and more innovation and the price of Bitcoin continues to reach new ATHs.

[serjent05]

Yesterday, I posted a topic about btc adoption and how I bought coffee with my btc, here:https://bitcointalk.org/index.php?topic=5562891.0 , I also tried posting on another forum and a user replied me with this:
 
'' They DON'T accept $BTC, they actually refuse $BTC !!

They just calculate the product price in USD into BTC, take your BTC and sell it instantly into USD...

Could do the same with Iranian Rubel or North Korean coins or videogame points stuff as well...''

It got me thinking, If this actually true, and I sensed it, then are we getting adoption?

The fact that stores are accepting Bitcoin, it does not matter if they instantly convert it to Bitcoin, I can say it is an adoption.  Actually it is a good thin in the market because of the conversion of these stores who accept Bitcoin, they are unconsciously participating in the Bitcoin trading market.  This makes the Bitcoin ecosystem healthy.

If most businesses don’t actually keep Bitcoin, they’re not really using it in trade and they just convert it to fiat instantly. That means Bitcoin isn’t yet serving as a true day-to-day currency, even though some web3 media outlets and payment apps make it look like it is.

I think otherwise,  the conversion of Bitcoin to fiat for me is considered trading.  The merchant trade his item for BTC, and using the third party gateway, the BTC then automatically converted to cash this happen because the merchant who suppose to receive the BTC automatically trade it for fiat currency.  The Bitcoin whitepaper does not explicitly stated that Bitcoin should be use as day-to-day currency.

Question: Do you think there will ever come a time where we wont have as much volatility as we have with btc now and btc can finally serve its spending purpose truly?

If the market is fully saturated then we can see Bitcoin price to become more stable.  It is just a matter of time.

Is it true adoption if the ones adopting don't truly use or hold btc!!!

Adoption does not necesary means one have to hold Bitcoin forever.  It simply means accepting Bitcoin and use it as they see fit.

[skarais]

Question: Do you think there will ever come a time where we wont have as much volatility as we have with btc now and btc can finally serve its spending purpose truly?

Is it true adoption if the ones adopting don't truly use or hold btc!!!

If adoption occurs and a majority of the world's population accepts Bitcoin as legal tender, price volatility will decrease. However, once Bitcoin reaches that stage, I believe investors and traders will no longer earn substantial returns from it. Low volatility proves that bitcoin is trying to stabilize, annual returns are getting lower and at the same time some investors may find other assets that give them better returns.

Adoption could involve several things, including accepting it as a means of payment, trading it, or investing in it. But everyone is likely concerned that if global adoption occurs, it will lead to lower volatility and lower annual returns.

[hd49728]

If adoption occurs and a majority of the world's population accepts Bitcoin as legal tender, price volatility will decrease. However, once Bitcoin reaches that stage, I believe investors and traders will no longer earn substantial returns from it. Low volatility proves that bitcoin is trying to stabilize, annual returns are getting lower and at the same time some investors may find other assets that give them better returns.

Adoption could involve several things, including accepting it as a means of payment, trading it, or investing in it. But everyone is likely concerned that if global adoption occurs, it will lead to lower volatility and lower annual returns.

You don't need global Bitcoin legal tender to witness less volatility of Bitcoin price because with time, in my belief, Bitcoin price will increase more then its market cap will become bigger. It's very classic principle that with bigger market cap, the price growth will naturally become smaller than in the past when market cap was considerably smaller.

It's true with all assets, not only true with Bitcoin, and it does not appear with Bitcoin because of Bitcoin legal tender in some nations or at global scale at all.

https://companiesmarketcap.com/assets-by-market-cap/

[348Judah]

Bitcoin will always be a solution to the current economic and financial challenges we have been having over time, there is more to detect about how bitcoin can be more applicable for our daily use, the same way we have seen the massive growth in its adoption rate, this have brought a tremendous experience for us to enjoy a world of financial freedom, this alone will always be another suitability for people to continue in the ever increasing demand for the use of bitcoin for all that is in it focus on individuals privacy and control.

[Mame89]

-snip-
They don't like Bitcoin even at the present and in the past years, they really disliked Bitcoin but over time, they could not kill Bitcoin and gradually had to accept its existence, then try to maximize benefits they can get from Bitcoin by allowing their citizens using Bitcoin. They only changed themselves and began doing this when they realized that there is no other choices.

This kind of thing happens almost in all governments, which originally really didn't want to support it at all,
are now changing and providing pretty loose regulation for the development of crypto and Bitcoin.
The government banning Bitcoin only makes them insecure and does not accept the world's revolutionary transaction developments.

Fortunately, my country has made crypto a commodity trade, although it has not been fully adopted,
but this regulation is enough to make crypto and Bitcoin more known and many use it for investment.

Now that crypto is growing rapidly, more and more innovation and the price of Bitcoin continues to reach new ATHs.

Yes, that's right. When Bitcoin first emerged almost every country was hostile to it, and rumors of its demise abounded, but it remained strong and even experienced significant growth. This made many countries overwhelmed by the fight against Bitcoin, ultimately leading to peace. I mean many countries are relaxing their regulations on Bitcoin.

Many countries have now established regulations for Bitcoin as a trading or investment commodity. Although it can't currently replace fiat currency governments can't directly oppose Bitcoin. While Bitcoin was created to achieve freedom with so many adopting it it's not impossible that Bitcoin will become a means of international transactions in the future. Replacing fiat currency for everyday transactions is difficult as each country has its own currency and each currency serves as a symbol of its nation.

[taufik123]

-snip-
Many countries have now established regulations for Bitcoin as a trading or investment commodity. Although it can't currently replace fiat currency governments can't directly oppose Bitcoin. While Bitcoin was created to achieve freedom with so many adopting it it's not impossible that Bitcoin will become a means of international transactions in the future. Replacing fiat currency for everyday transactions is difficult as each country has its own currency and each currency serves as a symbol of its nation.

If it does not keep up with technology and continues to oppose Bitcoin as the best digital currency today, then the country will not achieve maximum development.
Now, more countries are already opening up to the development of cryptocurrencies, despite not fully adopting them due to the wide variety of rules and regulations that apply.

Fiat currency remains the main transaction and as a symbol of the state, and Crypto becomes an optional payment that can be chosen or just a reliable commodity tool
and can provide benefits for the country from the taxes generated.

Indonesia is one of the countries that legalizes crypto as a commodity asset

Countries Where Cryptocurrency Is Legal (As of 2025)
https://www.demandsage.com/crypto-legal-countries/

[topbitcoin]

Yes, that's right. When Bitcoin first emerged almost every country was hostile to it, and rumors of its demise abounded, but it remained strong and even experienced significant growth. This made many countries overwhelmed by the fight against Bitcoin, ultimately leading to peace. I mean many countries are relaxing their regulations on Bitcoin.

Many countries have now established regulations for Bitcoin as a trading or investment commodity. Although it can't currently replace fiat currency governments can't directly oppose Bitcoin. While Bitcoin was created to achieve freedom with so many adopting it it's not impossible that Bitcoin will become a means of international transactions in the future. Replacing fiat currency for everyday transactions is difficult as each country has its own currency and each currency serves as a symbol of its nation.

When the ban alone is not a compelling reason for them to stop bitcoin then there is no other way than for them to make some changes in their approach so that they can benefit a little from the development of bitcoin.
They realize that currently they cannot stop so they change the approach to be more subtle as for taxes or as if showing that bitcoin is very manageable or manipulated in several ways that lead to politics.

But in the end whatever happens they will not still be able to stop bitcoin so approaching by expecting a little profit although not necessarily adopting but by putting the government into a neutral thing for bitcoin then at least they still have the advantage they can get.

[OcTradism]

Countries Where Cryptocurrency Is Legal (As of 2025)
https://www.demandsage.com/crypto-legal-countries/

I did not know about the website shared by you but I knew some other websites that have information on Legality of Bitcoin and cryptocurrencies.

https://newhedge.io/terminal/bitcoin/legality-map
https://coin.dance/poli/legality
https://www.atlanticcouncil.org/programs/geoeconomics-center/cryptoregulationtracker/

About regulatory information, you can get extra information with https://complyadvantage.com/insights/cryptocurrency-regulations-around-world/ but this website and its report mainly focuses on big nations only.

[tottong]

In essence Bitcoin has matured into a global store of value, something people save, invest, and hedge with but not yet a fully adopted medium of exchange if the businesses that accepts it don't hold it but immediately convert it to fiat. So really btc is not dual purpose as proposed but leaning more to a single purpose.

Question: Do you think there will ever come a time where we wont have as much volatility as we have with btc now and btc can finally serve its spending purpose truly?

Is it true adoption if the ones adopting don't truly use or hold btc!!!

This means that the level of stability of this asset is starting to decline and perhaps no one knows for sure whether Bitcoin will become more stable or less volatile in the future.
I never think about the future where I myself cannot guarantee that I will live that long, but rather consider all the possibilities that we can achieve now to grow our financial freedom for the better.
Thinking about the future is too complicated because it will remove the essence of our enthusiasm to achieve something much better and generally no one will ever know how the future will go according to plan.

Some people prefer to make holding decisions and the rest can engage in trading, these are just different methods of utilization and if you are able to do something better it is much more optimal.
Don't make things difficult for yourself but try to do something to achieve financial freedom through bitcoin because it is much better.

[Astt12]

Can Bitcoin ever be like everyday money? Of course it can because it is not easy but not difficult. The strength of Bitcoin is its freedom, limitlessness, and security, but for everyday use it needs speed, stable price, and simple technology. Today it is a store of value for many, in the future it may be a medium of exchange if technology, regulation, and public trust move forward together. Of course, Bitcoin can be like everyday money. There will be a proper logic to it. Because its value is increasing day by day.

[imthegreat]

While Bitcoin appears to be unhackable, its fees are too high for everyday use. For example, today I sent $140 and had to pay $40 in fees. And in today's world, the seller won't stand around waiting for your Bitcoins to arrive. They, and you yourself, will want it to happen as quickly as possible.
Therefore, for everyday payments, I would use other cryptocurrencies with low fees for now.

[Zanab247]

Yes, you can make BTC your everyday money but you will not benefit what long time hodlers are benefiting from BTC, because they are hodling for the price to double up before they can sell.

Making BTC everyday your money will not help you to earn good profits from BTC but it will help you to enjoy BTC transaction everybody, because BTC transaction is faster and safe for long distance transaction.

[Alone055]

Bitcoin will always be a solution to the current economic and financial challenges we have been having over time, there is more to detect about how bitcoin can be more applicable for our daily use, the same way we have seen the massive growth in its adoption rate, this have brought a tremendous experience for us to enjoy a world of financial freedom, this alone will always be another suitability for people to continue in the ever increasing demand for the use of bitcoin for all that is in it focus on individuals privacy and control.

Financial freedom is something else and not what you are referring to. What you are talking about is the freedom to make financial transactions and hold your finances without the intervention of a third-party, and financial freedom is about having enough money or finances so that you can spend money without thinking about your finances; that's what we call financial freedom. Bitcoin doesn't specifically give you financial freedom, but it allows you to make your finances decentralized, you won't need the approval of a third-party for spending your own money, you can make international transactions without any problems, etc.

Bitcoin has provided the unbanked an opportunity to become their own banks, now they don't need to rely on banks to give them a space so that they can keep their money, they can do it using a non-custodial Bitcoin wallet, even though there are some differences, the volatility factor is also there, but overall, it's a great alternative.

[Sonia_123]

Yesterday, I posted a topic about btc adoption and how I bought coffee with my btc, here:https://bitcointalk.org/index.php?topic=5562891.0 , I also tried posting on another forum and a user replied me with this:
 
'' They DON'T accept $BTC, they actually refuse $BTC !!

They just calculate the product price in USD into BTC, take your BTC and sell it instantly into USD...

Could do the same with Iranian Rubel or North Korean coins or videogame points stuff as well...''

It got me thinking, If this actually true, and I sensed it, then are we getting adoption?

If most businesses don’t actually keep Bitcoin, they’re not really using it in trade and they just convert it to fiat instantly. That means Bitcoin isn’t yet serving as a true day-to-day currency, even though some web3 media outlets and payment apps make it look like it is.

In essence Bitcoin has matured into a global store of value, something people save, invest, and hedge with but not yet a fully adopted medium of exchange if the businesses that accepts it don't hold it but immediately convert it to fiat. So really btc is not dual purpose as proposed but leaning more to a single purpose.

Question: Do you think there will ever come a time where we wont have as much volatility as we have with btc now and btc can finally serve its spending purpose truly?

Is it true adoption if the ones adopting don't truly use or hold btc!!!

Of course yes, as long as it's still in existence and transaction are ongoing daily directly or indirectly, those business partners/ individuals that are into bitcoin uses it daily to easy them the stress of Fiat currency also others uses it as a store of value and other means of money.

The adoption of bitcoin since it's  creation from statistics has proven itself to be a daily money used by those into it

[Hazink]

Yes, you can make BTC your everyday money but you will not benefit what long time hodlers are benefiting from BTC, because they are hodling for the price to double up before they can sell.

Making Bitcoin everyday money is not as easy as it's said. Some can actually pull that up, but it's something everyone can do, especially those who buy almost everything all the time little by little which the cost of transaction fee in most cases might be higher than the price of what they want to purchase, not that it's not possible but the cost of running it could be considered higher and will be better to just convert some into fiat currency and make it easier.

[Publictalk792]

Financial freedom is something else and not what you are referring to. What you are talking about is the freedom to make financial transactions and hold your finances without the intervention of a third-party, and financial freedom is about having enough money or finances so that you can spend money without thinking about your finances; that's what we call financial freedom. Bitcoin doesn't specifically give you financial freedom, but it allows you to make your finances decentralized, you won't need the approval of a third-party for spending your own money, you can make international transactions without any problems, etc.

Bitcoin has provided the unbanked an opportunity to become their own banks, now they don't need to rely on banks to give them a space so that they can keep their money, they can do it using a non-custodial Bitcoin wallet, even though there are some differences, the volatility factor is also there, but overall, it's a great alternative.

Yes noting big difference between Financial Freedom and control that Bitcoin provides. Bitcoin provides you with Decentralized Autonomy, which means you are able to control and spend your money anywhere in world and instantly without of bank or government. This makes Bitcoin wonderful tool to individuals who do not have bank accounts letting them become their own banks with digital wallet. Although price of Bitcoin changes much, fact is that it offers you ability to manage your own money and not be stuck to central systems makes it powerful alternative to people who seek financial freedom.