Post
Topic
Board Economics
Re: How can we get people to use bitcoin as a currency?
by
Janation
on 03/06/2020, 06:57:06 UTC
In my opinion, we cannot forced people to use bitcoin as their first option of payments because they are still using fiat currencies as their main source of buying goods and services in their respective countries. It might be possible for bitcoin, but it will only be considered as an alternative in my opinion not unless bitcoin is already fully adopted in their countries and it is more guaranteed payment adoption is inevitable to all users.

But it is not wrong to make it an option right?

Especially that we are going through a pandemic. Online payments and different alternatives are being pushed to use so that people don't need to go outside and risk themselves to buy things that they need. I am so busy with my work that I missed some free cashouts in one of our local exchange, I think that is a good thing there too if they add some cashback to paying bills too. In our country, people are actually accepting money in this local exchange but they are just using the online wallet for fiats and don't know that there are multiple cryptocurrency wallets following it.