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Thread: In what way bitcoin gets increased usage?

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    In what way bitcoin gets increased usage?

    In what way bitcoin gets increased usage?
    Investment
    Gambling asset
    Trading asset
    Alternate payment
    Darkweb source

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    The demand will increase once people realized the significant purpose of Bitcoin.

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    Many people would choose to invest in Bitcoin if the government would find a way to regulate the coin.

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    I think bitcoin has increased usage in all of those directions, bitcoin isn't growing just one way, it's growing to everywhere, now we see more casinos online, more gambling options, more investing options, even more dark markets and more local sites accepting btc. So, bitcoin isn't taking one way, it's growing as an economy.

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    Of course we want bitcoin more progress in many ways not only in single usage. We want more increase for both,trading,investment,payment method and many more because we want it to become more useful and useable in different ways and aspect. As the demand keep on growing i think the usage of bitcoin also increase in different criteria. Like fiat money because it is used daily by the people ,the usage of it is very high.

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    The regulations or any positive actions from financial institutions would have a great influence on Bitcoin.

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    There are many ways in which Bitcoin can be used. We also know that this has been used in the dark market but it would be a lot better if we use it on better platforms and more professional purposes.

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    We will have to wait for establishments to adapt the acceptance of Bitcoin so that it could be used even on local goods and services.

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    Quote Originally Posted by PALM View Post
    In what way bitcoin gets increased usage?
    Investment
    Gambling asset
    Trading asset
    Alternate payment
    Darkweb source
    Actually, at first, Bitcoin was used more often in the dark market. It is often used for illegal activities because there is no need for a middleman in the transactions. Now, as it is more widely used, it has already attracted quite a number of investors and it will attract even more if criticisms are lessened.

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    Quote Originally Posted by Sendo12 View Post
    We will have to wait for establishments to adapt the acceptance of Bitcoin so that it could be used even on local goods and services.
    This would take a really long time before it happens. Using bitcoin for local consumption is still far from reality at this point. Bitcoin is too expensive and might not be afforded by some parts of the society.

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