Post
Topic
Board Bitcoin Discussion
Re: What to make bitcoin a popular payment method?
by
Raggie
on 29/09/2018, 15:43:41 UTC

For something that can become a popular means of payment, you need the following:
Store of value: allowing individuals to make intemporal choices on when to spend their purchasing power
Medium of exchange: facilitating the exchange of goods and services by eliminating the inefficiencies associated with a barter economy
Unit of account: acting as a measure of value in the economic system.
Do you think the bitcoin has all three of these elements? I am looking forward to the bitcoin will become a popular payment method in the future.

First of all, we need to create more awareness about bitcoin to the peoples around us. If they don't know about bitcoin, how they can use it ?
And we need to accept bitcoin as a payment when peoples want to buy something from us, there will be more peoples come into bitcoin.