How Practically We are living on Bitcoin

Large part of investor in Bitcoin consider it as a safe haven asset or long-term investment and digital gold of our time But, practical we are living on on Bitcoin by nature,.Bitcoin is a digital currency, described by its assume creator Satoshi Nakamoto as a digital cash system. While on the clearance of the Bitcoin mempool, a holding area for unconfirmed transactions, Bitcoin transaction fees decline to a range of $0.5 to $0.9, and with the activation of Segregated Witness through the BIP 91 activation mechanism, transaction fees are waiting to be decrease to around $0.1.The substantial decrease in Bitcoin transaction fees will allow Bitcoin to become more valuable as a digital currency, to used as settlement for purchase goods and items both online and offline.


Accordingly, it has already become easier to spend Bitcoin directly at stores and merchants with AirREGI. likewise Some hotels including famous Japan’s Capsule Hotel, the most popular and largest budget hotel in Japan, have also directly open door for Bitcoin.While many store are still preparing to intergrate bitcoin in their business together with 260,000 merchant already accepting bitcoin and other related cryptocurrency for payment.
source https://cointelegraph.com/news/living-on-bitcoin-in-2017-how-practical-is-it
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