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Topic: Bitcoin as payment system - page 27. (Read 6073 times)

newbie
Activity: 35
Merit: 0
February 12, 2018, 10:31:18 PM
There are already several countries that accept bitcoin as a means of digital payment transactions, and there can also be converted into local money in that country
newbie
Activity: 32
Merit: 0
February 12, 2018, 10:28:54 PM
I do not see the future for Bitcoin as a spendable currency. However, I do see the future for it as an investment tool. Think of gold (not exactly gold, but give me a discount here) Gold is never used for direct payments, it's used for investments. (Yes, I know, gold keeps the value, Bitcoin fluctuates...Still, my point is, it's an investment tool)
newbie
Activity: 19
Merit: 0
February 12, 2018, 10:25:50 PM
Bitcoin has been accepted in many countries, as a digital transaction tool, I hope so
full member
Activity: 462
Merit: 100
February 12, 2018, 10:17:31 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?



It's actually a good idea if we think about it. I mean bitcoin these days is getting widely accepted by all establishments. Therefore, there is no more hindrance as to how far we can use bitcoin when it comes to transactions, which happens to be convenient for us bitcoin holders if I may add.
full member
Activity: 505
Merit: 100
February 12, 2018, 10:11:54 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?



I think, this bitcoin bubble theory is one day gonna stop, and all those people who actually believed it is gonna end up regreting the chance that they let slip away. Bitcoin, in my opinion, is gonna be the worlds one currency that everybody is gonna use for payment transactions, slowly, bitcoin and the cryptoworld is gaining attention from the people and everybody is actually liking the idea of the cryptocurrencies.
newbie
Activity: 32
Merit: 0
February 12, 2018, 10:11:44 PM
to become a payment system seems to be very difficult to apply around the world, but for some countries it may be possible
I prefer the bitcoin as it is today, as a money-making investment tool.
indeed the main vision of bitcoin is to become the world currency, but after seeing the rejection of some countries, it seems that it will be very difficult to doing

It can't just be a money making investment tool. If that is all it is going to be, where is the intrinsic value? It only holds value because people think that they will be able to use it for consumption at a later date. Without thinking that this will be the way we transact in the future, you are saying it is worthless.
full member
Activity: 266
Merit: 101
February 12, 2018, 10:11:13 PM
Investing in bitcoin really brings a lot of profit, but for bitcoin to become a popular payment method. I think the bitcoin needs to be modified. Many bitcoin deals are suitable for large transactions that are not suitable for small transactions. In the future I think there should be bitcoin tags. People can use it for their small payments
member
Activity: 532
Merit: 17
February 12, 2018, 10:05:32 PM
whether bitcoin as a payment system or investment tool, it is okay.
both of them has advantages. you can gain profit by doing both.
newbie
Activity: 42
Merit: 0
February 12, 2018, 09:30:29 PM
It's doesn't seem like a dream to have bitcoin as a payment system. Some companies in Japan are even planning on paying their employess with bitcoin.
newbie
Activity: 46
Merit: 0
February 12, 2018, 09:18:01 PM
It is possible to bitcoin as payment coz now there are few establishments accepting bitcoin as payment already.
member
Activity: 286
Merit: 31
February 12, 2018, 09:13:19 PM
I think is good bitcoin as a payment system because it safe and is a easy way for payment system. It also good to discover as a past and easy transactions to make our better future to use bitcoin payment sending and paying bills through online. I believe many people become interested to use bitcoin as a payment system.

More people now not interested to use bitcoin to pay something. It has high fee that apply for sending bitcoin.
So bitcoin has very hard homework to solve this problem then continue to next step of payment system.
full member
Activity: 266
Merit: 111
February 12, 2018, 08:29:33 PM
I think that would be convenient for us users if bitcoins would be accepted as payments. Cashless transactions would give safety to us, we don't need to hurry to pay our bills on nearest payment centers. In some countries they are allowing payment thru bitcoins but still that won't be in general because other financial institutions even governments would not be recognizing it. I just hope more adequate system would be imposed so that there are more opportunities to use it anywhere. 
full member
Activity: 462
Merit: 100
February 12, 2018, 07:07:09 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?


do we really need to answer this,since all of us here looking forward that bitcoin will be accepted soon by the whole world and all of the market system,payments is one mutual agreement from the clients and the provider..bitcoin known worldwide now and the main objective of satoshi by making this is to connect all the extisting matter in the world by means of electronic currencies
newbie
Activity: 38
Merit: 0
February 12, 2018, 06:56:23 PM
I dont think that BTC will excell as a payment system anytime soon as the value is soo volatile. People would rather save up for when the price rises l, because they know it will.
sr. member
Activity: 616
Merit: 251
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February 12, 2018, 03:57:35 PM
I don't see it blowing up anywhere in the near future or farther ahead as many Governments are now starting to create platforms to regulate and better manage transactions of Bitcoin and other cryptos.
And yes we may be able to use it as payment in many transactions but not within the immediate timeline.

Do you have any proof of the Governents creating platforms? Like a link to an article?

Bitcoin will stick around for now.
member
Activity: 378
Merit: 10
February 12, 2018, 03:45:42 PM
of course! bitcoin will soon take the leading position in the worldwide payment! Bitcoin very strongly moved the fiat money and VISA cards and master cards! Now there is a serious war between the banks and the world of bitcoins! I'm sure that we live in an amazing time of the birth of a new era of money!
member
Activity: 140
Merit: 11
February 12, 2018, 02:23:27 PM
to become a payment system seems to be very difficult to apply around the world, but for some countries it may be possible
I prefer the bitcoin as it is today, as a money-making investment tool.
indeed the main vision of bitcoin is to become the world currency, but after seeing the rejection of some countries, it seems that it will be very difficult to doing
hero member
Activity: 1400
Merit: 536
February 12, 2018, 01:52:35 PM
I don't see it blowing up anywhere in the near future or farther ahead as many Governments are now starting to create platforms to regulate and better manage transactions of Bitcoin and other cryptos.
And yes we may be able to use it as payment in many transactions but not within the immediate timeline.

The governments have tried to control Bitcoin for about 10 years, but unfortunately they have not been able to do so, and benefit from Bitcoin is a new method. The US government is beginning to struggle with the silkroad for about 10 years.
newbie
Activity: 154
Merit: 0
February 12, 2018, 04:08:05 AM
Now btc can be used to pay bills or other online transaction because you can convert it to your currency.Bitcoin is now getting compared to gold and other high valued currencies and so much companies adopted it as a payment method.Bitcoin as an investment and store of value, some altcoins for payments.
sr. member
Activity: 646
Merit: 252
February 12, 2018, 02:06:30 AM
The presence of bitcoin into a solution for transactions that require speed, security and low cost, if bitcoin legalized all countries then many benefits that we can get for example is reducing dependence on banks.
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