Quote from: Count Basie on March 06, 2018, 10:48:22 AM

When we will use cryptocurrencies ofr our everyday life?

Sub-consciously, we are already embracing the idea of cryptocurrencies in our life. The fact that most individuals who invest are persuaded into the hype of media with regards to bitcoin, we are already accepting it as an alternative income. In my life, I treat bitcoin as an alternative income as it provides me the means of acquiring money without having to work part-time. This greatly helps me as it does not compromise my time for my studies as compared to working in a retail store, etc.

Quote from: gabmen on March 06, 2018, 02:01:18 PM

Quote from: Synash0619 on March 06, 2018, 01:40:22 PM

Quote from: covfefe_ on March 06, 2018, 10:54:37 AM

Quote from: Count Basie on March 06, 2018, 10:48:22 AM

When we will use cryptocurrencies ofr our everyday life?

Bitcoin and Cryptocurrencies were intended to be used in place of regular currency, but with the finite availability, people (large investors) started to store it in order to manipulate the price and turned it into a huge ponzi.

I think we need 10-15 years more to attain this kind of status where in, almost all of the transaction is thru crypto. Many parts of the world still dont have access on internet. And because crypto needs internet access, it is one of the hindrances why this crypto didnt grow exponentially. Regarding with the limited availability of Bitcoin, we cannot control that thing since the intention of BTC is to make the coins limited like gold.

A lot can happen in 10-15 years and crypto may not even be part of our lives then. Right now, it's effect would depend on your lifestyle. If you're the type that mainly does things online like shopping and paying bills, then crypto probably is a major part of your day. For most of us though, the effects are.prettt minimal since we use fiat in most of.our offline transactions

10-15 years from now, I see cryptocurrency as a gateway towards the idealistic view of having a digitalised form of currency. Since these cryptocurrencies use the blockchain technology for transactions, maybe in the inevitable future countries would start adapting and seeing it as an alternative income. Though bitcoin might not be the income used for this idea, it may be the one that will inspire countries into developing a much faster and reliable from of online payment.