Topic: Bitcoin as payment system (Read 6050 times)
I don't think Bitcoin will blow up in the future, in fact i see Bitcoin's future will be bigger than this year. They keep developing their products to be better. And judging by their market demands, people are still interested in Bitcoin. But using it as a payment system, it could happen but we have to be patient until that happen.
While many people may know about bitcoins as a risky investment, bitcoin as a payment system offers benefits for consumers and merchants. Bitcoin can be send to any place in the globe without limitations, made transactions irreversible so the merchants is not at risk of a chargeback. For the buyers, it allows you to purchase items abroad without worrying about currency conversion and additional charges for the processing fee.
The only one reason why BTC costs not more than $100k - people are underestimating it. For now its just a store of value, you don't actually need to use it to make payments. I hope in 2-3 years situation will change.
Bitcoin makes a very good medium of exchange since we can send payments internationally without the concern for currency conversion, it is fast and low cost, no banks and other financial intermediaries could interrupt user transactions and cannot be reversed once made. It is because of this benefits that more people are interested to use bitcoin and perhaps in the coming days, it's gonna be widely accepted as payment system.
Until now people are using bit on as a place of investment and I believe that one day bitcoin will be widely used in Online shop payment system.
We all know that Bitcoin is one of the best ways to invest your money. However, we know that Satoshi wanted to change money as we know it rather than new investment model.
How do you think, will we be using bitcoin as payment system? Or it will stay as it is and this bubble blow up one day?
And how do you see it's future?
How do you think, will we be using bitcoin as payment system? Or it will stay as it is and this bubble blow up one day?
And how do you see it's future?
I also believe that a very volatile currency is not healthy if we want to use it primarily as a currency and not as a form of investment. Could you imagine that it is very much possible that with a certain amount you could already get a pair of branded sneakers, but then after you took a 30-minute nap, you cannot even buy a cup of coffee with it? That is what happened to Bitcoin right now.
I am thinking that there will always be a certain time in the future when Bitcoin is already very widely circulated that its value will not be that volatile.
I really want to see bitcoin as a payment system because the technology behind bitcoin is very great and I really want to see people around the world start to use bitcoin as a payment system.
That's what bitcoin was meant for. A lightning digital currency with decentralized nature. It really is great as a payment system but its volatile nature is stopping it to become a payment method. It has become more of an asset than payment system.
Yes it is very convenient that BTC will be BTCused to any payment system that can easy be used to any everyday transactions especially in any kinds of business. 
that will surely be a ggood help in any economic growth 
.
that will surely be a ggood help in any economic growth . Bitcoin is very rare as payment system because many big brands and other campaigns still not accepted bitcoin so you very bounded in this case...
Big companies does not accept it for know but as you can see the payment evolution today it is not far that bitcoin will be accepted soon too. From banks, to credit payment to online banking and soon bitcoin and cryptocurrency will take over.
No one knows what the future will be like, but if seen from technological advancements that continue to grow, i think maybe bitcoin will be accepted as a legitimate means of payment may be around the world. For now bitcoin is always forbidden to use as a means of payment, but we do not know the future, hopefully there will be good news for bitcoin in the future.
I'm not sure if one day the bitcoins will become a form of payment, but it sure will be as or more valuable than other value reserves like gold
I totally agree if bitcoin is used as a payment system. because it will facilitate us in making transactions. both domestically and abroad. if we go way out of the country we do not bother to exchange money. enough with bitcoin our affairs so easy .
I see in the future very much what can be done with bitcoin and that includes the payment system because the presence of bitcoin makes it easy for many things including in the case of transactions.
In the future, Bitcoin would serve people better when it becomes a payment system. Hence, I have a good feeling when Bitcoin starts to do different transactions worldwide. 
It's really time for bitcoin to act as a means of payment acceptable to all parties but until now still not many places that receive payment using bitcoin.dan this should be done fast Wink
I definitely agree with you. Bitcoin as payment system would be great and it will serve a faster transaction to all. Thhs, it will be convenient to all of the people in this world when it comes to paying.
It's really time for bitcoin to act as a means of payment acceptable to all parties but until now still not many places that receive payment using bitcoin.dan this should be done fast Wink
for me You don't invest in money, you use money to invest in assets/business.
Many restaurants/shop already using it, but it still not popular like visa etc, anyway new projects develop app or tools for easy trading with crypto, so that is matter of time only.
We all know that Bitcoin is one of the best ways to invest your money. However, we know that Satoshi wanted to change money as we know it rather than new investment model.
How do you think, will we be using bitcoin as payment system? Or it will stay as it is and this bubble blow up one day?
And how do you see it's future?
it is possible that the word santhosi is true to make bitcoin a means of transactions, but it also returns to the state government, how they approve it or vice versa. How do you think, will we be using bitcoin as payment system? Or it will stay as it is and this bubble blow up one day?
And how do you see it's future?
against the use of Bitcoin as a means of online payment transactions no longer only use the nominal amount of money, but using an alternative payment of virtual money called bitcoin. Bitcoin is a consensus network that enables payment systems
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