Post
Topic
Board Bitcoin Discussion
Re: Can you use Bitcoin as a practical currency?
by
Nick Abimanyu
on 04/10/2018, 07:19:37 UTC
Hello All, I have a question.
If I want to use bitcoin as practical or daily currency then what should I do?
Is American express or VISA offer such kind of opportunity so far?
I am very excited to read something special here: https://reliable.cash/t/can-you-use-bitcoin-as-a-practical-currency/33
Specially these are amazing to me:

Quote
There are many reasons for bitcoin to be not used as a practical currency. Some are listed here.

  • Some users lack the infrastructure required to use bitcoin
    Some users lack the knowledge required to use bitcoin
    It will not be a good solution for day to day purchase
    It takes time to process a transaction that is why it is not practical at all
    Not many stores accept bitcoin as a payment either online or offline
    Stability in pricing
    Strong network infrastructure required for its payment to process


As far as I know, American express or VISA doesn't offer such opportunities they only facilitate people who want to buy bitcoin.
There are many reasons so that bitcoin can be used as a currency the most practical, and some of its parts are listed here.
  • Bitcoin is a technological and financial breakthrough.
  • Online shops are increasingly accepting payments in bitcoin but regardless of the general disposition for digital money.
  • According to statistical data Bitcoins are often used in currency transactions.
  • No third party or bank takes part.
  • In the case of bitcoin investment is an example of the best case.
  • More and more large companies, and countries that join into it.
  • Transactions with bitcoin can save time.
  • Bitcoin transaction costs are lower than other payment systems.
  • When we shop in foreign online stores, we don't need to convert bitcoin to other currencies.
  • Bitcoin wallets are much safer than credit cards or accounts from any other payment system.
  • Anyone can check every blockchain transaction.

Now I want to purchase my Pizza using Bitcoin Cheesy
What do you think brothers?

It's easy, but with one note, you and the Pizza shop owner must have a bitcoin wallet.  Grin Grin Grin