Topic: Bitcoin as a mode of payment - page 8. (Read 4364 times)
I think that as the price of bitcoin tends to be stable, it is better as a payment method. If it is used as a payment method in the event of instability, both parties will be affected.
Bitcoin is not yet fully capable of performing the function of a payment facility due to its shortcomings with low scalability and still high commission fees. First he needs to eliminate these shortcomings.
I do not want to use my bitcoin to buy anything now because I see it as an asset and I think that the attitude of feeding into it is not used for regular commodity trading.
For my daily work I always like that. Just started a company that works with ICO where we get paid in Bitcoin.
as what i researched some company accepting bitcoin as a mode of payment especially those e-commerce company
Yes. It's a payment medium because there are many stores and big companies that accept it are amazon and microsoft. I only recommend using it to buy high value items because of the high transfer fee.
Just wondering, who is accumulating Bitcoin via using it as a method of being paid, so instead of being paid in dollars or any other amount you ask client to pay you via Bitcoin especially merchants and freelancers. I think it is cool to be paid via Bitcoin because it appreciates so its like you can earn twice if you sell high.
Thats something i loved to look forward to, using bitcoin as mode of payment is another convinient way to spend money with just one click away.. But for now its quite complicated for some circumstnces. Before trying to use bitcoin as money, specially offline mode we need to legalized bitcoin in the country first.
So then try to improve the transaction confirmation become faster and make the fee near to zero.
After that we can use bitcoin as money
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Just wondering, who is accumulating Bitcoin via using it as a method of being paid, so instead of being paid in dollars or any other amount you ask client to pay you via Bitcoin especially merchants and freelancers. I think it is cool to be paid via Bitcoin because it appreciates so its like you can earn twice if you sell high.
Bitcoin is one mode of payment and transaction make thing easily and faster you can use it for payment and receiving
I think it is better than our fiat here in my country it is hard to find a job that gives me a better income to use as a payment, In bitcoin it really help me to buy my daily needs because of a better income that it given to me and use it as payment to my transactions.
I think the currency is not suitable for now as a means of payment, because of the high cost of the transfer, and the account is slow, now more time BTC is treated as an investment, people make money tools.
If I want to change that, I think bitcoin should be updated, or its status will be shaken.
If I want to change that, I think bitcoin should be updated, or its status will be shaken.
Accepting Bitcoin as mode of payment would be cool. Before I was thinking that I will be accepting Bitcoin and even other alts on my business. But after experiencing lows and highs I might change it. Too much volatility especially on alts is scary.
...Truly, that bitcoin is the best mode of payment. Regarding the situation of price that become low or high, l think it's better to negotiate first before accepting the payment, because entering into negotiations with the intention of creating an agreement that will allow both parties to achieve their essential goals is an important with this payment on crypto transactions. Just wondering, who is accumulating Bitcoin via using it as a method of being paid, so instead of being paid in dollars or any other amount you ask client to pay you via Bitcoin especially merchants and freelancers. I think it is cool to be paid via Bitcoin because it appreciates so its like you can earn twice if you sell high.
Aside that Bitcoin is being use for investments and earning money, it is also good as payment options, which definitely convenient and fast. This kind of payment options will help us, especially in the time needed.
That is the reason why bitcoin is created and the fun part is here in the philippines you can use your bitcoin wallet to but smartphone loads and even to money orders and a new update in the system that the wallet is can be use to pay when riding on trains. In my opinion the bitcoin future is now coming as my country slowly accepts what bitcoin is.
I do not think that bitcoin is a payment method, although shatoshi invented bitcoin to prove to the world that blockchain technology is applied to the currency industry, but the processing time and validation fees are too large. That makes bitcoin impossible to pay
Yes, Bitcoin is a good idea as a payment method, and I believe Bitcoin's final development direction will be to become a global payment tool.
as we know that bitcoin is the easiest way in any form, because currently in my country bitcoin is very popular and by way of safer investments and transactions used, because nowadays big companies in my country bitcoin used as a means of payment they because bitcoin very easily.
For me, bitcoin as a form of payment is a good idea. If the time comes that you have no available cash or ready cash, then if you have bitcoin you can trade or make it as a payment. It is not impossible in the near future to use bitcoin as a payment.
Just wondering, who is accumulating Bitcoin via using it as a method of being paid, so instead of being paid in dollars or any other amount you ask client to pay you via Bitcoin especially merchants and freelancers. I think it is cool to be paid via Bitcoin because it appreciates so its like you can earn twice if you sell high.
Bitcoin as a legal payment tool in online transactions. This study found that the existence of bitcoin as a means of payment in Indonesia is not supported by Bank Indonesia and caused a legal vacuum. However, with the increasing use of bitcoin in Indonesia, regulation is needed to regulate bitcoin so that there is protection and legal clarity regarding this virtual payment instrument. Using bitcoin as a mode of payment is great. You can travel or buy anything without cash. It makes every transaction fast and easy. Hope one day everything will be like that. I want to experience that because even bitcoin is very popular nowadays, i personally can't buy using bitcoin because business owners here dont accept bitcoin. Maybe because i live on an island and they are not aware of that.
In terms of accepting bitcoin as a payment (on the part of business owners), its like a double profit to them. Because they earn from selling their products, and at the same time can earn more because bitcoin's price goes up as time passed by.
In terms of accepting bitcoin as a payment (on the part of business owners), its like a double profit to them. Because they earn from selling their products, and at the same time can earn more because bitcoin's price goes up as time passed by.
If someone here wants bitcoin just by doing a project like a signature campaign, you can look it up at altcoin bounties. For the future bitcoin can be used to pay for the services of someone who understands bitcoin. But very few agents or companies pay their employees using bitcoins. it still takes time for that to happen
I think that most people use bitcoin more as an investment, not as a payment.
Bitcoin is an emerging technology that has the potential to change and improve commerce as we know it. It has advantages for both buyers and merchants, such as no fees for merchants to take payments, low transaction processing fees, works the same across world borders, and has many technical improvements in the works, some of which have improved safety for buyers and companies which accept Bitcoin, through multi-signature wallets. Other improvements such as solutions to the block size limit are in the works. Bitcoin is a payment system that would be a good thing for merchants to accept, as it is the potential future of digital cash, and it costs merchants next to nothing to accept it.
Just wondering, who is accumulating Bitcoin via using it as a method of being paid, so instead of being paid in dollars or any other amount you ask client to pay you via Bitcoin especially merchants and freelancers. I think it is cool to be paid via Bitcoin because it appreciates so its like you can earn twice if you sell high.
Bitcoin is a good way of payment. It is because it is hassle free and very efficient. It is very fast and the way you transact to a person is very secure unlike direct payment where someone might just snatch your money. Also, bitcoin transaction can also save your money in a way that you do not need to have money for transportation just for you to get you money on your ATM. When you lost your ATM, you need to find it first and that is hassle, bitcoin avoid this because it is a virtual wallet and it is always available whenever you need it. In paying something, you do not need to count enough money to pay and the cashier do not need to count money four your change (if any) if your mode of transaction is in bitcoin. Jump to: