Post
Topic
Board Bitcoin Discussion
Re: How well does Bitcoin function as a currency?
by
quovadiz
on 09/05/2018, 17:28:32 UTC
Let's be honest, Bitcoin is not yet ideal for our day to day life in the case of microtransactions. Many things of daily need are available at the cost of Bitcoin transaction fee so why would use Bitcoin if technically he can get it for free? Further, we need to work on awareness among merchants and customers about the benefits of using crypto to inculcate the habit of using cryptocurrencies as a payment system. As far as the price volatility is concerned, it will remain there for few years as we are still in the development phase.
Yes that is right, but in some modern countries,like Japan and Brazil people have the facilities to use bitcoin for different purposes, they can buy a lot of stuff using bitcoin through online shopping as well as can also use bitcoin in their local shops where the shopkeepers are accepting bitcoin.