Topic: Bitcoin as payment system - page 10. (Read 6050 times)

Bitcoin as payment system would be great since it will be convenient  for all the people to pay their bills online. Thus, a lot of people would be happy if Bitcoin will be allowed to use worldwide.

It wont be a bad idea and might soon be accepted,  not generally by all though. As a mode of payment first from big transactions to small scale businesses. It might take a longer while before being accepted from person to person. Its safe secure for you alone. So it depends if the world would accept it in general.

Bitcoin as a payment system will work very good. I know many companies at this time using bitcoin as their payment system and they are running successfully and doing well and I am sure soon other companies around the world will also use bitcoin as their payment system.

Although operations with Bitcoin last longer than the same operations with the fastest altcoins,  for me it is still the most reliable cryptocurrency. As for the payment system, it is also great: safety and convenience.

Before BitCoin became a popular trend, the following events occurred. People who saw all the risks to which all money and values ​​are exposed, tried to develop a new type of currency, protected from the main threats. We started working on this in 1998.

In 2008, the creator of BitCoin himself described his offspring, sending letters to his subscribers. It turned out to be a crypto currency, not regulated by anyone absolutely, no individuals and banks. Previously, a book was written about such a currency, but at the time of its writing this currency remained just a dream. Now the dream of an unregulated crypto currency has come true!

And in 2009 the first small amount of the new currency was generated by the application, 50 bitcoins. At that time, the cost of the crypto currency was 700-1600 bitcoins to 1 dollar. Today, the cost of 1 bitcoin (one coin) is from 200 to 1000 dollars! In the same year, it was possible to transfer bitcoins to one user by another.

Today, the crypto currency - the electronic currency BitCoin, digital money of a new generation - is widespread in all countries of North America, practically in all countries of Europe. BitCoin users are people from different countries and continents - the popularity of crypto currency is not only not falling, but has been growing for a long time already!

Its not a good idea for me. We know already that bitcoin at this moment have the highest transaction fees and it has a slow transaction speed yet we are asking this question. It will happen only if lightning network is release (maybe) and instead of bitcoin, why don't you use other altcoins with high transaction speed like litecoin, dogecoin etc.

Bitcoin is a more efficient, faster and easier payment system and method when compared to other fiat currencies. I prefer it.

For me i think that this is the main reason why bitcoin is existing to achieve its goal which is to become a mode of payment since it is a cryptocurrency as we all know.  This will be great if there will be more establishments an institution that will accept bitcoin as a payment since it will be accesible and reliable.

oh i see the future as great if that was have in the future so i hope that can be launch for our life and bitcoin improvement.

Bitcoin as a payment system is also a good idea because again it offers convenience and much better secured system as if we have today. As long the government of the certain country will allowed it and still make the economy stable as it approves the bitcoin as a medium.

It's good that there are countries already that accept bitcoin as a payment because the charge that is putted there is not big however i think that the there are countries that won't agree the idea of using bitcoin as a payment system. So as long as there are countries that disagree with this idea bitcoin will stay as it is. Aside from that, people will choose tohold their coins instead of using it as their payment.

I think, bitcoin can not be used as a whole payment system because not all places can accept bitcoin and need internet access to be able to use it and there must be many changes in various places.

i would be happy if bitcoin can be used as a payment system just that it will be really difficult looking at the number of stakeholders who would have to come into agreement just to see to the success of this initiative.

According to my understanding. The widespread payment method in the world is the target of bitcoin. And it is showing a positive change and is still growing and becoming more and more popular. An increasing number of agents and retailers around the world are adopting this method of payment and this trend is increasing. It's really nice and convenient.

This is a good thing if bitcoins are made in the payment system. Because it will increase people's interest in bitcoin. Then bitcoin will be received by many people in many countries. But it takes a good security system to make bitcoin as a payment system, so that its risk becomes small or none at all. And made some rules to remain stable with the state of the economy in certain places or countries

Bitcoins is really not meant to be an investment also i think the thing that makes them a great investment is the volatility of them and they are really been made to be a currency. And them being the daily thing to be used to buy anything that we wanted is gonna be pretty much convenient i think because you do not need to buy a wallet or something you just gonna bring you phones to you and scan the code them you are paid is is much convenient that credit card i think

I really hope bitcoin to be a legitimate payment instrument, a good and profitable payment system, in online transactions allows you to receive or send money practically, when and wherever you are with a very low cost

Yes, Bitcoins are just currencies that are volatile unlike fiats. Maybe we will able to accept it as a payment system of all because it is already accepted in many countries but i think that it will also help the country on ecomonic issues, Bitcoin is a good investment and it will help us. Accept it as a legal cryptocurrency and you will be benefited.

I have seen many that now accept bitcoin and other crypto as a form of payment. I was speaking to a small independent shop owner and was asking if any one was buying using crypto and his answer was no one but at least it was a option for people.
The biggest problem is many who have bitcoin have it for its investment potential most likely with it still sat on coinbase.