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Topic: Bitcoin as payment system - page 14. (Read 6050 times)

member
Activity: 122
Merit: 10
April 06, 2018, 11:36:06 PM
Bitcoin might stay the way it is but not as a bubble but as an online asset and investment shell. If bitcoin does not up its game by innovating someway some other coins might overtake it.
newbie
Activity: 80
Merit: 0
April 06, 2018, 11:30:56 PM
I think payment system via BTC very bad
Too hight fee and very slow to confirm transaction
I suggest XLM become a new payment system
It very quickly and low fee
If you not yet use it,I think you have to try it and feel
jr. member
Activity: 77
Merit: 1
April 06, 2018, 11:29:43 PM
Actually Bitcoin is created to become a payment gateway like Paypal, or Paymaya. The only thing that makes BTC pump in price is people are holding it like a stock or an asset.
full member
Activity: 291
Merit: 101
https://icoenergy.org/
April 06, 2018, 11:19:29 PM
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?  Undecided

And how do you see it's future?



Butcoin is already a form of payment nowadays. People are already using it to buy things that they want. But bitcoin today cannot become a currency in any country due to its fluctuating price. I am not saying that it has no potential, actually bitcoin has a big potential in the future because of its concept. For niw lets just wait and see on what the future holds in bitcoin
newbie
Activity: 112
Merit: 0
April 06, 2018, 11:12:58 PM
I think bitcoin as a payment system can be realized because in the future we will need digital money that is easy to use and portable. Maybe it will replace the paper money because it is not environmentally friendly because it has to cut the tree to make it.
newbie
Activity: 101
Merit: 0
April 06, 2018, 10:48:56 PM
i think bitcoin should be seen as a payment method instead of investment, but as we know that bitcoin number is limited and by the process of mining, bitcoin will be all owned, so that's why people see it more of an investment rather than payment, but if we are talking about cryptos as a replacement of paper money it should be used to pay but because of many states and government still against it that is why the process of integrating btc and cryptos as a payment still far from what we all hope.
newbie
Activity: 113
Merit: 0
April 06, 2018, 10:45:02 PM
It is good since it will make the life of the people easy and way better than before. With bitcoin I can pay my bills without falling into a line.
Therefore I can save more time and money with this
full member
Activity: 476
Merit: 102
April 06, 2018, 10:38:32 PM
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?  Undecided

And how do you see it's future?



Nowadays in some country bitcoin is used as one of the payment system in different ways. Like in  Switzerland at Lucerne University of Applied Sciences and Arts they used bitcoin as mode of payment for tuition fees. In japan bitcoin accepted as new form of payment in digital transaction. Some restaurant are implement the acceptance of bitcoin payment on the food they serve to their client. Possible in the future bitcoin payment is legalized in many country.
full member
Activity: 358
Merit: 108
April 06, 2018, 10:27:31 PM
Yes, bitcoin should be a means of payment, but to make it happen is quite difficult because now the bitcoin users are quite used to the bitcoin functions that are only used for investment, maybe from all bitcoin users in the world only 3% who often make payment transactions with bitcoin.
member
Activity: 322
Merit: 10
April 06, 2018, 10:27:22 PM
it's still very impossible if bitcoin is used as a payment system because many countries have rejected it if used as a means of payment, but I think that only the block system used could happen because if the state implements the block chain system on financial transactions then will be more efficient and environmentally friendly
full member
Activity: 582
Merit: 101
April 06, 2018, 10:25:56 PM
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?  Undecided

And how do you see it's future?



if I am very happy gan if bitcoin is used as payment system. because we will more easily make transactions as we go abroad do not bother to exchange the state money we visit .
but since in my country still prohibit bitcoin in use as transaction tool.
I keep investing and do not use bitcoin as a transaction tool because it is obedient and obedient to state regulations .
if I see bitcoin will be more advanced and known by various circles. if we look at every year the number of people who invest more. this is what I see where I live. With the increase in the number of people investing, the bitcoin price will go up.
sr. member
Activity: 794
Merit: 272
April 06, 2018, 10:24:59 PM
The lack of stability, regardless of scaling, make it an insufficient payment solution for the majority of the population. It works for people that want to use it out of beliefs rather than incentive.
jr. member
Activity: 124
Merit: 1
April 06, 2018, 10:22:19 PM
I really appreciate if any business system accept bitcoin as payment method. But it is very difficult now to see bitcoin as a means of payment, because nowdays In my opinion, it's currently used as an investment method more than a 'payment' currency. Transaction speed and cost currently prohibit the use of bitcoin as a paymant system.
full member
Activity: 364
Merit: 100
PlayGame.com
April 06, 2018, 10:18:34 PM
maybe some day bitcoin will be a payment system in the world, specially on offline stores and online stores, right now we know that online stores are using bitcoin as the payment, because its simple and traceable. how about offline stores? maybe someday if bitcoin is popular and people in the world using bitcoin i think the offline stores will accept bitcoin as their payment
newbie
Activity: 35
Merit: 0
April 06, 2018, 10:10:26 PM
Aside from being a good investment, bitcoin surely can be said a lot easier to use than usual payment method. it is more convenient for it doesnt follow too much regulations and such like in banks which really shows how bitcoin will be a good payment system in the near future.
newbie
Activity: 15
Merit: 0
April 06, 2018, 10:04:08 PM
Bitcoin changed all that. With what? Bitcoin is a cash system that syncs across the internet, so everyone can access the same cash account in real time regardless of who and where it is. The result? Money can be transferred from one party to another without delay and no high cost.
.
sr. member
Activity: 729
Merit: 250
April 06, 2018, 09:59:58 PM
I think Bitcoin will prevail as a payment method. A lot of people are focusing on Bitcoin price, but Bitcoin is still a good technology. It is the best system out there for payment transactions and store of value (in other words, currency).

You don't need to register, you just need a secret number to receive bitcoins. A lot easier then other payment methods.
You own your money and no government can take it from you with inflation or a failure of banks.
It is decentralized and open source, so it is secure and private. Security of every Bitcoin transaction is independent and of each other and at highest level.
In other payment methods, you hack one entity and you hacked all their users. (Paypal just had a breach this Friday).

It is simply objectively the best. Fairest, fastest, easiest to use, private and most secure. It isn't just the best, it is 10 times better then anything out there.
This opportunity is open to be realized and we expect together. What we need today is formal laws and regulation regarding bitcoin. Under this laws we hope bitcoin can be globally accepted all over the world and of course it will accepted as payment method in the near future.
newbie
Activity: 171
Merit: 0
April 06, 2018, 09:52:46 PM
well i think for some who knows bitcoin that would be a good idea for payment. But we also need to consider those who doesn’t have any idea what a bitcoin is if we would like to use bitcoin as for payment and i am very sure that it is safe to transact because no mode of transportation is use specially if the transaction is all about large amount of money. A lot of people believes that in the future every people will be coping with the advancements of technologies
full member
Activity: 336
Merit: 107
April 06, 2018, 09:43:12 PM
Bitcoin has been increasing its esteem and market pertinence starting late, as, it's not new any longer on the off chance that it goes to a point that it would be a more solid methods for installment contrasted with how it is presently. I think if more individuals would see its advantages and how it can change the market scene for good, it would then be found in another and better light that individuals would definitely believe it more, and might be acknowledged to more foundations as a methods for installment.
sr. member
Activity: 854
Merit: 250
April 06, 2018, 09:40:27 PM
But in Indonesia. my country. bitcoin is prohibited from being used for payment. so it may be a bit difficult because it is not just Indonesia that prohibits payment system with bitcoin. there is still much debate on this
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