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Topic: Bitcoin as payment system - page 31. (Read 6088 times)

newbie
Activity: 5
Merit: 0
January 28, 2018, 03:18:02 PM
Bitcoin is a unique invention, it is not just the best system of mutual settlements, it is the door to the future with a new structure at all levels.
full member
Activity: 168
Merit: 100
January 28, 2018, 03:11:22 PM
It will be a welcomed development if bitcoin is used as a payment system especially in my own country. The major challenge will be ensuring each locality is internet ready.
member
Activity: 168
Merit: 10
January 28, 2018, 03:08:47 PM
It seems hard to believe Bitcoin will be used as a currency, given the fact that long existing issues like high fees and long confirmation times are still not solved in a proper way. And the high volatility makes it very attractive to use bitcoin as an investment asset. Sure, there are more and more merchants who accept bitcoin. But these are marketing stunts, there are still too many problems to have bitcoin as a currency.

In some countries including in my country, bitcoin as a means of payment is declared as unlawful. and it's very painful because bitcoin will never be a currency in my country.

They didn't know technology they are scared because they know that online has alot of scams. Meaning they are not new to this in short they are very skeptical. Sorry for you part. I think they will follow other country that is widely accepted of cryptos.
full member
Activity: 252
Merit: 100
January 28, 2018, 03:00:45 PM
I strongly agree if bitcoin is one of the payment system because bitcoin is more practical in payment because it does not bother to bring real money, and also bitcoin security system is much safer ,,,
member
Activity: 176
Merit: 10
January 28, 2018, 02:59:11 PM
It seems hard to believe Bitcoin will be used as a currency, given the fact that long existing issues like high fees and long confirmation times are still not solved in a proper way. And the high volatility makes it very attractive to use bitcoin as an investment asset. Sure, there are more and more merchants who accept bitcoin. But these are marketing stunts, there are still too many problems to have bitcoin as a currency.
In some places people already using bitcoin as currency, even they have the facilities to use bitcoin as currency in their offline shops, and the trend is now increasing, therefore i think we can expect that use of bitcoin as currency will be increasing in from to time. how that we will see the use of bitcoin as currency in all over the world.
legendary
Activity: 1904
Merit: 1000
January 28, 2018, 02:45:53 PM
It seems hard to believe Bitcoin will be used as a currency, given the fact that long existing issues like high fees and long confirmation times are still not solved in a proper way. And the high volatility makes it very attractive to use bitcoin as an investment asset. Sure, there are more and more merchants who accept bitcoin. But these are marketing stunts, there are still too many problems to have bitcoin as a currency.

In some countries including in my country, bitcoin as a means of payment is declared as unlawful. and it's very painful because bitcoin will never be a currency in my country.
full member
Activity: 420
Merit: 106
January 28, 2018, 02:24:22 PM
First of all, there is still alot of people left who still don't know about bitcoins. How can it replace the currency we know as now in this situation? It will still take alot of time for everyone to get to know about bitcoins and even more time for them to accept bitcoins as a currency/as a payment. This might take some time but some places already started accepting btc as payment for eg. KFC canada are accepting bitcoins as a payment now. I think this will keep increasing and alot more number of people will start accepting btc.
full member
Activity: 266
Merit: 151
First crypto index traded as a token!
January 28, 2018, 02:19:34 PM
It seems hard to believe Bitcoin will be used as a currency, given the fact that long existing issues like high fees and long confirmation times are still not solved in a proper way. And the high volatility makes it very attractive to use bitcoin as an investment asset. Sure, there are more and more merchants who accept bitcoin. But these are marketing stunts, there are still too many problems to have bitcoin as a currency.
full member
Activity: 588
Merit: 111
I love the Cryptocurrency world
January 28, 2018, 02:08:55 PM
in long term bitcoin will be used as payment system for sure, due distribuid nature of bitcoin we will see that development.
newbie
Activity: 17
Merit: 0
January 28, 2018, 02:02:04 PM

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

I think it will be used as a payment system, that's for sure. As an example of my belief, I'll tell a real story from my life.
Last summer, in 2017, I decided to buy a TV set from an internet shop, it's an official local inet-shop in our country, where I usually buy electronic and tech.devices. So, after I ordered the TV set, I was offered to pay for it. I was really surprised when among other payment methods (cash, bank transfer) there was an offer to pay by BTC  Shocked  I wish I had took a screen of it As a proof ((
That's why I strongly believe that the bitcoin will be used more and more as the payment system in our everyday situations. However, as one of threads to payment failure is time required to confirm trans, guess lots of people would not like to wait for it))
newbie
Activity: 12
Merit: 0
January 28, 2018, 01:48:40 PM
badidea high fees
member
Activity: 224
Merit: 10
January 28, 2018, 01:47:04 PM
I think it will be a good thing if bitcoin will be used as a payment system because it can help every bitcoin users to make payment in their miscellaneous fees or transaction easy.
sr. member
Activity: 518
Merit: 250
January 28, 2018, 01:44:28 PM
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
newbie
Activity: 98
Merit: 0
January 28, 2018, 01:10:45 PM
Sure it can be a good payment system ,...Bitcoin offers many advantages over traditional banks also..on the other side it allows sending payments internationally without concern for currency conversion, it allows transactions cannot be reversed once made. This side can be seen as a positive or negative. Above all i want to say that it can be payment system also.
member
Activity: 251
Merit: 10
January 26, 2018, 01:35:37 PM
I believe that it is an investment that then when it reaches a high value and it is already distributed that every person in the world, even if it has a million, will go to cryptopayment from a cafe, a candy, until a plane is a micro payment or higher the amount. rate per transaction has to be a satoshi or less and so it will work as a world currency that is what satoshi nakamoto wanted, the faster we adopt it the quicker the day will come when we all use it in a practical way and we will go this world into a new economic order and of intelligent forms or practices of more efficient work in our towns, cities and countries for the welfare of humanity.
jr. member
Activity: 130
Merit: 3
January 26, 2018, 01:16:57 PM
I think that bitcoin will be accepted worldwide in near future as payment system.It wll be widely used Cryptocurrency.
newbie
Activity: 94
Merit: 0
January 25, 2018, 10:30:05 AM
  Smiley I guess that bitcoin will be a part of the future of the whole world since it is the first real "global currency" . Bitcoin is now getting compared to gold and other high valued currencies and so much companies adopted it as a payment method so i'm pretty sure that it'll be much used in the future . Smiley
full member
Activity: 350
Merit: 105
January 25, 2018, 10:22:48 AM
Using bitcoin as payment system is good but the transaction fees and very slow are nothing good. If you buy in stores with drive thru and you pay bitcoin, you may wait a minute or hour. But if they would fix that maybe many department stores will accept bitcoin. I think this is not a buble because bitcoin are powerful today and it has a future that these cryptocurrency are most advanced money to use in the future.
newbie
Activity: 168
Merit: 0
January 25, 2018, 09:55:53 AM
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?

bitcoin is a simple, fast and comfortable way of payments If we compare the material money.
I think this is our direction and this is the way to our future.
Quote
Or it will stay as it is and this bubble blow up one day?  Undecided

And how do you see it's future?
I do not know but I do not expect it.
member
Activity: 203
Merit: 10
January 25, 2018, 09:45:12 AM
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?


bitcoin as payment system is a best way to buy anything else and it is good payment if the world running in bitcoin for everyone that will be my expectation to the future that bitcoin will be a world payment system.
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