Post
Topic
Board Bitcoin Discussion
Re: In what way bitcoin gets increased usage?
by
fullhdpixel
on 14/09/2019, 15:11:05 UTC
Already this might have discussed. The growth of bitcoin as well other digital currencies keeps progressing with time. By the time common people too have begun to use cryptocurrencies on their daily life. Compared to the fiat usage, common people using cryptocurrencies were low. When the usage increases what will be the preference of common people. Whether it gets used as investment, gambling asset, trading asset, alternate payment, darkweb usage source.
Alternative payment is the best option to increase Cryptocurrency assets. If everyone uses Crypto as a common currency will make it more popular, traders will increase the Crypto they own through business activities. I believe alternative payment is the best solution that makes cryptocurrencies more popular.
I am glad we are all talking towards this direction now because it has all been about asset and investment since we got to know about bitcoin, and this is not helping the situation of cryptocurrency because everyone just keeps buying and holding it and for how long will that help the value of bitcoin or any cryptocurrency when the main push for cryptocurrency value itself is the usage.

We all need to start using cryptocurrency for payments so that there can always be demands for it often, using it as payment will surely increase the usage of it, and that is the only thing that can sustain it. I know with time, the usage of cryptocurrency will increase and gain more popularity if we can just get the government to regulate the cryptocurrency industry for us.