Post
Topic
Board Bitcoin Discussion
Re: Will Bitcoin become a daily currency???
by
cybersofts
on 10/04/2018, 01:56:42 UTC
I have recently written an article about the possibility of Bitcoin becoming currency we will use on daily basis.  so now I want to ask the question do you think we will see if it can be used as a daily currency???  or do you think it will be more like gold a good store of value???
My own personal hope is that we will see cryptocurrencies develop into currencies we will use on a daily basis.  in my opinion, bitcoin will be a good place to start due to the mainstream knowledge about Bitcoin,  but I do not think it's the best-suited kind for daily use and I believe we have a long way to go before it is a viable alternative to Fiat currencies for the majority of people.

For inspirational purposes, I have included my article
https://cryptoms.online/2018/02/27/will-bitcoin-become-a-daliy-currency/

Yes, I think in time the people will be using bitcoin to buy everything they need for day to day activities. The major problems with bitcoin now are slow transaction speed and paying for high transaction fees. Once the Lightning Network is ready, it will solve all the bitcoin transaction issues from slow transaction speed to paying high transaction fees. Once the LN is implemented it will speedup speed the bitcoin transaction with nearly zero fees and the people can use bitcoin to buy everything they want with bitcoin as a daily currency.