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Author Topic: When will people feel comfortable using BTC ?  (Read 12175 times)
kokorotomoto
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June 11, 2018, 03:47:37 AM
 #161

When BTC has become an easy to understand transaction tool. Maybe people will start comfortable using BTC.
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June 11, 2018, 04:06:33 AM
 #162

The fees are too high. I sold some of my alts, about $200 worth, to send to my bank account, and I still haven't sent it because I'm waiting to get more, because of the fees. So it's not as easy to use everyday due to the fees.
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June 11, 2018, 04:41:57 AM
 #163

Pretty old topic which was probably revived by spam, but good discussion nonetheless.

I for one believe people will feel more comfortable using BTC when it is recognized by more governments. This has been done by Japan which openly supports the use of bitcoin and other crypto which has resulted in a boost in their economy (sources should be cited but you can google these for yourself). When other countries follow suit and openly support bitcoin, the era of bitcoin's mass adoption will begin.

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June 11, 2018, 05:01:17 AM
 #164

Yes, most of the people look at BTC in their wallets as a investment and not as a future currency, Every one should try to make use of those BTC for their every day life and make it come into circulation into the world which will increase its popularity and also it value among the people. Just holding a large amount for very long time will not affect much but spending it and changing it to fiat and circulating it will make the flow of bitcoin into the society more smooth and familiar .
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June 11, 2018, 05:01:42 AM
 #165

I think I was too far away from being used as a BTC transfer tool. It has become so volatile that it is very likely that both sides will be damaged during the shopping. So it makes more sense to use it as an investment tool.

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June 11, 2018, 07:23:48 AM
 #166

To make it easy for people to use bitcoin, bitcoin must be used as widely as currency, and the state must allow legal traffic such as national currency and stores accepting bitcoin payments as currency.
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June 11, 2018, 08:30:15 AM
 #167

 I would be comfortable using bitcoin at the very time, when it would became comfortable to use it, obviously right?
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June 11, 2018, 08:47:39 AM
 #168

I am feeling comfortable now, because I use it when ever I need just withdrawing on my bank card account and use it in fiat exchange
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June 11, 2018, 01:23:51 PM
 #169

Don't bring a lot of cash when you travel abroad, instead of redeeming your local legal currency!
The use of BTC for the conversion of legal currency, or the use of BTC for payment, must be the most comfortable!
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June 11, 2018, 01:49:21 PM
 #170

When will people spend BTC as easily as fiat , not seeing it as an investment opportunity but a better currency for them to use ? Most of my friends that I have currently told about Bitcoin are most intrigued by its rapid rate of growth and not its outstanding features as a currency. They don't really care that it is free from government control , but are more focused on the fact that it has risen xy%

I don't really spend much of my Bitcoin , because I am always in fear.
I am not talking about cashing out , but for digital goods.

How do you spend 10 mBTC on a 5$ digital good when you believe that the same 10mBTC is worth atleast 15$ , probably more.
How much of your Bitcoin have you hoarded , and how much have you really spent ?
I am under the impression that people tend to hoard more with BTC than with fiat , considering it an investment more than a currency

I don't know how to make a poll here , so :- http://strawpoll.me/1793917
This is not referring to your blockchain.info statistic , which includes money you have moved around. I am looking at money you have truly spent vs total amount of BTC you have received.

Overall , I'm trying to look at how much my guess is true by the poll and your estimates of when majority of people will start looking at BTC as a currency.

EDIT : I'm not sure this is the right section , tell me if this should go in General Discussion or so.

Most people sees the bitcoin as an asset. A way to earn money,an investment not a currency but I think it is a good effect too for a reason that people were encourage to join and starting to be interested in possessing some. People will be comfortable using it when most of the countries will accept. Also, when most of the population if human will begin to use bitcoin as a daily system of payment and I believe that day will surely come.

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jekjek
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June 11, 2018, 03:07:18 PM
 #171

If all of people are using bitcoin for any kind of transactions in buying foods, groceries, gadgets all the things that might be so useful to use bitcoin as a transactions so their are possibilities that we are all comfortable using bitcoin because everybody know what is it or about it.

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June 12, 2018, 09:45:50 AM
 #172

To make it easy for people to use bitcoin, bitcoin must be used as widely as currency, and the state must allow legal traffic such as national currency and stores accepting bitcoin payments as currency.
The only reason some people do not feel comfortable with Bitcoin is just because they loose money using the technology. Sometimes new guys entering the market have no good knowledge and participate in ICO with huge risk as a result of which they loose money. Another thing I would like to mention is that those people who lose money in Bitcoin starts calling it a scam and this refrain other people from investment because they feel insecure and un comfortable.
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June 12, 2018, 11:31:49 AM
 #173

When will people spend BTC as easily as fiat , not seeing it as an investment opportunity but a better currency for them to use ? Most of my friends that I have currently told about Bitcoin are most intrigued by its rapid rate of growth and not its out standing features as a currency. They don't really care that it is free from government control , but are more focused on the fact that it has risen xy%

I don't really spend much of my Bitcoin , because I am always in fear.
I am not talking about cashing out , but for digital goods.

How do you spend 10 mBTC on a 5$ digital good when you believe that the same 10mBTC is worth atleast 15$ , probably more.
How much of your Bitcoin have you hoarded , and how much have you really spent ?
I am under the impression that people tend to hoard more with BTC than with fiat , considering it an investment more than a currency

I don't know how to make a poll here , so :- http://strawpoll.me/1793917
This is not referring to your blockchain.info statistic , which includes money you have moved around. I am looking at money you have truly spent vs total amount of BTC you have received.

Overall , I'm trying to look at how much my guess is true by the poll and your estimates of when majority of people will start looking at BTC as a currency.

EDIT : I'm not sure this is the right section , tell me if this should go in General Discussion or so.
The real reason right now is a great. The problem with cryptocurrency and other information about the future, the future. Cause bitcoin are so many and technology. Cause bitcoin can do on the journey. The problem was a countries, and technology in your own profit, and technology.
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June 12, 2018, 12:53:28 PM
 #174

The people will feel comfortable using Bitcoin when the world outside will be open and accepting bitcoin payments and transactions, like for examples the banks , the stores ,the industries and many establishments that really accept the bitcoin through digital technology.

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June 12, 2018, 01:27:44 PM
 #175

People will be comfortable using bitcoin if the government will recognized that currency is a good investment and when it is totally legit in all country and that's the points that we are comfortable to used bitcoin in anyways
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June 12, 2018, 01:40:37 PM
 #176

We are already living in the age of technology. Yes a lot of people now, or should I say, majority of the world's population including the children are now using smart phone or any android phone that can be used to store and manage bitcoin account. However it's not that easy to use bitcoin as ordinary mode of payment because of its volatile value. Indeed bitcoin is so profitable with regards to trading or investment but definitely not that useful as currency as it's original purpose of existence. When used as currency, I think the list it could buy is a house and lot.

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June 12, 2018, 01:56:14 PM
 #177

I believe the answer to your question would be when the big supermarkets accept some form of btc for their goods.

I agree with that. Bitcoin I think will be common for the people if most of the entities and companies  nowadays it will be used by most of the people nowadays, I think Bitcoin will be used if our elders and young people will arbitrarily agree with the accompaniment of Bitcoin in daily life,  from supermarkets to banks, I guess this will be possible.

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June 12, 2018, 02:00:23 PM
 #178

We develop on every stage. Many people still don't know about bitcoin. Many fake news are printing now. But day by day many people are joining in bitcoin because it has a lot of merits.
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June 12, 2018, 02:21:05 PM
 #179

The people will feel comfortable using Bitcoin when the world outside will be open and accepting bitcoin payments and transactions, like for examples the banks , the stores ,the industries and many establishments that really accept the bitcoin through digital technology.
Agree, but I think that banks will never accept bitcoin because they're against it, since bitcoin is volatile banks won't allow bitcoin on transactions. Companies and stores are possible though, I agree that people will be comfortable when a lot of people use it on their daily basis, it will have effect on others and will be convinced to start investing on bitcoin if a lot of population started using it.









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June 12, 2018, 02:27:34 PM
 #180

When will people spend BTC as easily as fiat , not seeing it as an investment opportunity but a better currency for them to use ? Most of my friends that I have currently told about Bitcoin are most intrigued by its rapid rate of growth and not its outstanding features as a currency. They don't really care that it is free from government control , but are more focused on the fact that it has risen xy%

I don't really spend much of my Bitcoin , because I am always in fear.
I am not talking about cashing out , but for digital goods.

How do you spend 10 mBTC on a 5$ digital good when you believe that the same 10mBTC is worth atleast 15$ , probably more.
How much of your Bitcoin have you hoarded , and how much have you really spent ?
I am under the impression that people tend to hoard more with BTC than with fiat , considering it an investment more than a currency

I don't know how to make a poll here , so :- http://strawpoll.me/1793917
This is not referring to your blockchain.info statistic , which includes money you have moved around. I am looking at money you have truly spent vs total amount of BTC you have received.

Overall , I'm trying to look at how much my guess is true by the poll and your estimates of when majority of people will start looking at BTC as a currency.

EDIT : I'm not sure this is the right section , tell me if this should go in General Discussion or so.

You should be only scared about cryptocurrency if it was illegal in your country another thing is that, using cryptocurrency on digital transaction is not illegal because even amazon is accepting bitcoins in return of their products.

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