Advantages of paying with Bitcoin - page 7.

Mr.Anonymous

hero member

Activity: 644

Merit: 500

Quote from: Jombitt on October 02, 2017, 11:22:09 PM

Quote from: smartbitcoininvestor on September 09, 2017, 09:10:10 PM

So today I purchased web hosting from Namecheap using Bitcoin and it was incredibly cheap, simple and best of all, anonymous. When it comes to website ownership, depending on the kinds of sites you are building, this can be an important thing.

One of the reasons why Bitcoin took off initially was because of its privacy and anonymity benefits. Back then there were so few places where you could actually spend Bitcoin, so people ended up purchasing illegal things to test out the platform.

Now, we can see and trust definite advantages that Bitcoin as a technology brings - secure store of value, anonymity, global/universal currency, transparency (blockchain), software apps can be built on top, etc

but I really just wanted to get your opinion...

What are some advantages of paying with Bitcoin?

Paying with bitcoin doesnt need to expose your identity no need to use and i.d to buy things online. Buying and selling with bitcoin is easy and very convenient. No need to pay tax just a minimal fee for blockchain transaction.

But it is also the reason Bitcoin has not any benefit when the government accept it. A currency can not gives a source of income from tax, how to accept it if you are the government?

sakkosekk

full member

Activity: 224

Merit: 100

Advantages of paying by bitcoin
A lot of that
I think that is the speedy, convenient way of electronic payment
Bitcoin can be considered a common currency of the world at the present time
You are in China but you want to buy an item in the US, in a few minutes you can pay
Everything is easy with BitCoin

Cocobrayy

sr. member

Activity: 322

Merit: 250

The portion of Bitcoin used as a payment method is very small compared to the traditional way of credit / debit card payment, electronic payment systems, etc. The advantage of bitcoin payments is because it saves time, saves money, and is easier to use by its users.

Juggy777

hero member

Activity: 2646

Merit: 686

Quote from: smartbitcoininvestor on September 09, 2017, 09:10:10 PM

So today I purchased web hosting from Namecheap using Bitcoin and it was incredibly cheap, simple and best of all, anonymous. When it comes to website ownership, depending on the kinds of sites you are building, this can be an important thing.

One of the reasons why Bitcoin took off initially was because of its privacy and anonymity benefits. Back then there were so few places where you could actually spend Bitcoin, so people ended up purchasing illegal things to test out the platform.

Now, we can see and trust definite advantages that Bitcoin as a technology brings - secure store of value, anonymity, global/universal currency, transparency (blockchain), software apps can be built on top, etc

but I really just wanted to get your opinion...

What are some advantages of paying with Bitcoin?

One of the best advantages I feel are that you can pay person cross countries without having to find a local processor, low fees and it's efficient, most important thing is you don't need no identity proof, nothing at all no stupid forms, all you need to open your wallet enter the address and it goes, it's super easy. That's what's I feel are the best part.

ericson

full member

Activity: 158

Merit: 100

Quote from: ?? on ??

1. (b)Inconvenience Free
2. Decentralized
3. High value rates
4. Anonymity
Theres so many stuff and uses of bitcoin you can pay easily as one or two clicks on an even high price matter it is so easy to pay than paper money that can be stoled easily if youre not cautious enough depending on bitcoin will make your life easier such as paying bill from a mile to mile to a one or two click device theres so many cashout branches also that supports bitcoin if you need paper money that cannot be paid by bitcoin yet but hoping that bitcoin will cover so many places or websites such as amazon google paly and others stuff like theaters just hoping and waiting(/b)

mabell943

sr. member

Activity: 590

Merit: 258

The advantages of paying with bitcoin is that you are not being into long lines waiting on the counter to pay bills,purchase things and other stuffs. You could enjoy the freedom the bitcoin will give especially freedom on financial needs.

Jombitt

full member

Activity: 294

Merit: 100

Quote from: smartbitcoininvestor on September 09, 2017, 09:10:10 PM

So today I purchased web hosting from Namecheap using Bitcoin and it was incredibly cheap, simple and best of all, anonymous. When it comes to website ownership, depending on the kinds of sites you are building, this can be an important thing.

One of the reasons why Bitcoin took off initially was because of its privacy and anonymity benefits. Back then there were so few places where you could actually spend Bitcoin, so people ended up purchasing illegal things to test out the platform.

Now, we can see and trust definite advantages that Bitcoin as a technology brings - secure store of value, anonymity, global/universal currency, transparency (blockchain), software apps can be built on top, etc

but I really just wanted to get your opinion...

What are some advantages of paying with Bitcoin?

Paying with bitcoin doesnt need to expose your identity no need to use and i.d to buy things online. Buying and selling with bitcoin is easy and very convenient. No need to pay tax just a minimal fee for blockchain transaction.

jsscswan

full member

Activity: 266

Merit: 100

As you explain, the benefit of paying with bitcoin is its confidentiality and anonymity. But in my country it is rare to use bitcoin As a direct payment tool, the average bitcoin user in my country will exchange bitcoin.

hyunee

full member

Activity: 476

Merit: 100

There are so many advantages in bitcoin. Not just un paying bills or anything. But paying is the number one. Well it is so easy to pay bills using bitcoin. You don't have to go to any payment center to pay your bills. Just click your bitcoin app, follow instructions and then your bills has been paid.

DoublerHunter

hero member

Activity: 2590

Merit: 644

Quote from: Jose Mourinho on October 02, 2017, 10:00:31 PM

Quote from: Clavulanic on October 02, 2017, 07:59:17 PM

Quote from: romeitaly on October 02, 2017, 07:05:22 PM

The advantages of paying with bitcoins are: (1) it is easy, (2) faster, and (3) safe. First it is easy because the transactions you are making here in bitcoins is only done through the internet; you just need an internet connection to finish it. It is fast because unlike in traditional transactions, it really takes time and safe, because younare sure that it will be sent and no one will be stealing it.

Fast transactions and good service is the main reasins why people choose this type of payments, and hassle can be eliminated compared of over the counter payments. As you've said safety is the most impressive feature of bitcoin payments online specially mobile # loading and online bills payment system.

Yes true, bitcoin transactions to the world faster than western union or transfer banks, this is the main force bitcoin so many people choose so everyone likes and want to use bitcoin.

People are just going crazy to bitcoin because they know that bitcoin is a very profitable currency that they can use in their wants and they can use it as a job that will help them to generate money and it is so much faster than stock market investing because in stock market it needs a lot of years before you gain huge amount of money but in bitcoin, it only takes a few months.

Jose Mourinho

sr. member

Activity: 533

Merit: 250

Quote from: Clavulanic on October 02, 2017, 07:59:17 PM

Quote from: romeitaly on October 02, 2017, 07:05:22 PM

The advantages of paying with bitcoins are: (1) it is easy, (2) faster, and (3) safe. First it is easy because the transactions you are making here in bitcoins is only done through the internet; you just need an internet connection to finish it. It is fast because unlike in traditional transactions, it really takes time and safe, because younare sure that it will be sent and no one will be stealing it.

Fast transactions and good service is the main reasins why people choose this type of payments, and hassle can be eliminated compared of over the counter payments. As you've said safety is the most impressive feature of bitcoin payments online specially mobile # loading and online bills payment system.

Yes true, bitcoin transactions to the world faster than western union or transfer banks, this is the main force bitcoin so many people choose so everyone likes and want to use bitcoin.

Clavulanic

sr. member

Activity: 714

Merit: 250

Quote from: romeitaly on October 02, 2017, 07:05:22 PM

The advantages of paying with bitcoins are: (1) it is easy, (2) faster, and (3) safe. First it is easy because the transactions you are making here in bitcoins is only done through the internet; you just need an internet connection to finish it. It is fast because unlike in traditional transactions, it really takes time and safe, because younare sure that it will be sent and no one will be stealing it.

Fast transactions and good service is the main reasins why people choose this type of payments, and hassle can be eliminated compared of over the counter payments. As you've said safety is the most impressive feature of bitcoin payments online specially mobile # loading and online bills payment system.

aryaadikariyansyahsuwarto

full member

Activity: 714

Merit: 101

This Is Promissing Project

the advantage of paying with bitcoin directly I have never felt it, because in my country there is no place (bank) specifically to exchange bitcoin or there is no sale place to pay bitcoin, maybe because here bitcoin still illegal or something. The most important thing I ever exchange bitcoin with currency, and the results can I shop for daily needs

Kisanaq

sr. member

Activity: 700

Merit: 277

Quote from: MakeMoneyBtc on October 02, 2017, 05:50:10 PM

Of ourse there are a lot of advantages to pay with bitcoin.
First of all is the anonymity, you can buy anything without revealing your name or adress. The next aadvantage is the lower fee, especially for big transactions of 2000$-3000$, you pay only 20-30$ instead of 5-6% or even more depending of payment method.

Which definitely benefits with bitcoin payment with transaction costs are cheaper than any payment system such as banks, credit cards, or paypal. besides the cheaper cost we do not need to send proof of payment confirmation because it is automatically detected by the blockchain system.

romeitaly

full member

Activity: 308

Merit: 108

The advantages of paying with bitcoins are: (1) it is easy, (2) faster, and (3) safe. First it is easy because the transactions you are making here in bitcoins is only done through the internet; you just need an internet connection to finish it. It is fast because unlike in traditional transactions, it really takes time and safe, because younare sure that it will be sent and no one will be stealing it.

buharikx31

sr. member

Activity: 830

Merit: 258

WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN

The biggest advantage for me that if you are sending a transaction with bitcoin you don't need to pay taxes 10-25% sending transactions without showing your personal information, because platforms always ask your info

BitFinnese

copper member

Activity: 1050

Merit: 500

Quote from: MakeMoneyBtc on October 02, 2017, 05:50:10 PM

Of ourse there are a lot of advantages to pay with bitcoin.
First of all is the anonymity, you can buy anything without revealing your name or adress. The next aadvantage is the lower fee, especially for big transactions of 2000$-3000$, you pay only 20-30$ instead of 5-6% or even more depending of payment method.

I do not think anonymity is in Bitcoin. Once you link your profile to an address, your identity will be revealed if an authority asked for it to the site you linked your identity. The advantage of paying with Bitcoin is that theft won't intercept your payment. You do not need bank to process your transaction and it is easy as one click.

MakeMoneyBtc

full member

Activity: 1092

Merit: 117

Of ourse there are a lot of advantages to pay with bitcoin.
First of all is the anonymity, you can buy anything without revealing your name or adress. The next aadvantage is the lower fee, especially for big transactions of 2000$-3000$, you pay only 20-30$ instead of 5-6% or even more depending of payment method.

medha2009

newbie

Activity: 39

Merit: 0

I think we can pay money in any shopping mall through Bitcoin and this is a great way, we can buy things that we buy using Bitcoin, but overall, this is a good idea and not a wise choice because you You can pay things to Bitcoin then you get the chance to earn more money by holding that bitcoin Bitcoin is a digital currency is the latest hayatabe sent.

John Wick

full member

Activity: 232

Merit: 100

Quote from: smartbitcoininvestor on September 09, 2017, 09:10:10 PM

So today I purchased web hosting from Namecheap using Bitcoin and it was incredibly cheap, simple and best of all, anonymous. When it comes to website ownership, depending on the kinds of sites you are building, this can be an important thing.

One of the reasons why Bitcoin took off initially was because of its privacy and anonymity benefits. Back then there were so few places where you could actually spend Bitcoin, so people ended up purchasing illegal things to test out the platform.

Now, we can see and trust definite advantages that Bitcoin as a technology brings - secure store of value, anonymity, global/universal currency, transparency (blockchain), software apps can be built on top, etc

but I really just wanted to get your opinion...

What are some advantages of paying with Bitcoin?

Almost zero tax, only some transaction tx fees for it.

No trace for other people, they don't undestand where we're sending the money to. No time lost during the transfers, they're relatively fast.

Topic: Advantages of paying with Bitcoin - page 7. (Read 5309 times)