Pages:
Author

Topic: Bitcoin as payment system - page 46. (Read 6073 times)

full member
Activity: 630
Merit: 102
December 28, 2017, 11:11:21 AM
Bitcoin is already accepted in some shops in different countries. In India we have restaurants which accepts BTC. I heard a news recently that in Japan a company going to give their employees salary in BTC.
newbie
Activity: 218
Merit: 0
December 28, 2017, 11:08:08 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 is indeed the crypto money used in the payment system. But as the price continues to rise, Bitcoin is preferred for investment.
member
Activity: 174
Merit: 15
December 28, 2017, 11:03:43 AM
Regardless of the advantages and disadvantages of BTC exchanges I stay hopeful and trust that this innovation is a type of future change. With this innovation, we can quicken the procedure of monetary check bolster the productivity of work frameworks, and can lessen exchange costs. What's more, with the appearance of cryptographic money innovation, gradually, this will change the way individuals work together and contribute. So be pleased to be one a player in this innovation.
member
Activity: 154
Merit: 10
December 28, 2017, 10:46:12 AM
It's is very helpful for any transactions especy for flight fair and it has a benefits will be given to the other that no need to in cash their money for big amount of money needed.
full member
Activity: 350
Merit: 100
December 28, 2017, 10:36:37 AM
It is great use the bitcoin as payment system. It will bring convenience for everyone ( for the customer and the company itself).
Bitcoin will provide a smooth and fast transaction wherein you don’t need to spend time in fall in line. Aside from that they will lessen the time and cost in this manual procedures.
hero member
Activity: 1344
Merit: 502
December 28, 2017, 09:14:14 AM
I would says yes for bitcoin as an payment system,
reason why is that we get allot of discount bonus when
purchasing stuff online from merchant website using bitcoin,
this virtual currency is very secured also when making payment.
member
Activity: 252
Merit: 10
December 28, 2017, 08:59:08 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?


Almost where there. Bitcoin will soon be like what your thinking. It is possible because there are some online store now are really do payments with bitcoin.
newbie
Activity: 84
Merit: 0
December 28, 2017, 08:55:45 AM
Price stability would make Bitcoin more useful as a payment system than it currently is. The current volatility is due to Bitcoin still being in the initial price discovery phase, and the potential upside for Bitcoin is so massive that the process may still take many more years.

However, this doesn’t meant that Bitcoin can’t function as a payment system - it is doing that now - it just diminishes its usefulness. I still spend Bitcoin all the time, as do many crypto-believers, because it’s more private than traditional payment methods and I can use it without a bank’s permission.
copper member
Activity: 672
Merit: 270
December 28, 2017, 08:32:22 AM
It is indeed a great idea, to used bitcoin in payment system. It is quite hassle free and convenient somehow to used this type of virtual currency. Bitcoin as one of the payment method can be is such a great idea and useful to everyone.

Bitcoin as payment system is such a great idea. I really do agree with his answer. Bitcoin payment system could bring a lot of convinience and a hassle-free transactions for everyone.
that's true, with the bitcoin as a payment system, then bitcoin users also feel facilitated by the existence of such a system. hopefully it can really be applied without any obstacles.
I guess this could be a great opportunity to take bitcoin as a payment system, using bitcoin as a payment will be hassle free to the payer and will also be a good thing to bitcoin because it was an indication that bitcoin is now accepted in the society. And i'll look forward that it would be happen soon.
sr. member
Activity: 1582
Merit: 279
Vave.com - Crypto Casino
December 28, 2017, 08:26:19 AM
It is indeed a great idea, to used bitcoin in payment system. It is quite hassle free and convenient somehow to used this type of virtual currency. Bitcoin as one of the payment method can be is such a great idea and useful to everyone.

Bitcoin as payment system is such a great idea. I really do agree with his answer. Bitcoin payment system could bring a lot of convinience and a hassle-free transactions for everyone.
that's true, with the bitcoin as a payment system, then bitcoin users also feel facilitated by the existence of such a system. hopefully it can really be applied without any obstacles.
full member
Activity: 532
Merit: 100
December 28, 2017, 07:57:00 AM
bitcoin fees as of now are a problem especially to those sending small amount so it will impossible to say that bitcoin can replace as payment system. unless this problem can be solve in the future and implemented. bitcoin for today are treated as asset and not as mode for payment. also bitcoin price are not stable and will be a problem to those accepting bitcoin if its price will dump.
member
Activity: 159
Merit: 10
December 28, 2017, 07:38:03 AM
It is indeed a great idea, to used bitcoin in payment system. It is quite hassle free and convenient somehow to used this type of virtual currency. Bitcoin as one of the payment method can be is such a great idea and useful to everyone.

Bitcoin as payment system is such a great idea. I really do agree with his answer. Bitcoin payment system could bring a lot of convinience and a hassle-free transactions for everyone.
member
Activity: 454
Merit: 13
HODL
December 28, 2017, 12:53:54 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?



Hi there aleksandra_kickcity! There are growing number of establishment that accept bitcoin as payment in their products or services. But one of the problem they face is the fact that, people prefer to hoard coins that to use it on daily transaction like buying a pizza or clothes online. The reason behind is the volatility in price. Once the price is stabled enough, or people are accustomed to the price change and start to use their coins, the time will came that each store is accepting bitcoins as how they accept visa and master card  in their stores.  Wink

member
Activity: 266
Merit: 10
December 27, 2017, 09:19:26 PM
Bitcoin is already being used in payment system. Many establishments like power, water, telecommunication and others are already accepting bitcoins. It won't take long and others will follow. This means faster business deals for everyone. A fast way to earn income.
full member
Activity: 840
Merit: 188
December 27, 2017, 09:13:54 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?



Actually bitcoin already become as a payment system too right now, you can buy/sell something online and use bitcoin as the payment. People also use bitcoin for trading, pay a salary, gambling and many else. I'm sure many people will use bitcoin too in the future.
Even many countries are trying to become cashless society, although their concern is still in bank system but I am sure that if those countries realize the the advantage of bitcoin, they will turn to adopt bitcoin as payment method or create their own cryptocurrency.
jr. member
Activity: 104
Merit: 4
December 27, 2017, 09:10:40 PM
Actually here in my country,btc is already used as a new form of payment.You could buy loads specially gaming loads which is affordable since it has no fees rather than buying it with the other branches.Paying bills through btc is also possible such as utilities,tuition and etc.Maybe people nowadays are not really aware in the existence of btc but as for now it's already competeive
full member
Activity: 434
Merit: 105
December 27, 2017, 08:55:58 PM
Yes, it can be possible to happen. 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.

You're right bro,  some countries already implemented bitcoin as their mode of payments which makes them comfortable and easier via online transaction. I also, experienced that kind of transaction though here in my country doesn't yet any bitcoin transaction. I just used coins.ph apps having two currency peso and bitcoin which can exchange vice versa but exchanged to btc will have a corresponding fee. Having this apps I can buy load , paying for water and electric bill. This is a good start for having this kind of transaction that makes us easier and comfortable to used that you don't need to go in line just to pay your bills.
member
Activity: 294
Merit: 10
December 27, 2017, 08:53:16 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?
None of this, I think.
BTC will be strong enough in the near future, but BTC payments are very slow and expensive compare to other altcoins. So BTC will save it's value, but we never see $1 billion for 1BTC, I think.
member
Activity: 266
Merit: 10
December 27, 2017, 08:31:25 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 is possible that bitcoin can used as a payment system for the future even nowadays. Because bitcoin was consider also as an electronic money and as a currency that used by many countries. So that it possibly become and used as in any transactions..much better when bitcoin was ligallized through all the world,because thier are contries  that cannot able to used or experience bitcoin as thier currency.
newbie
Activity: 3
Merit: 0
December 27, 2017, 08:30:34 PM
bitcoin will eventually be used as a payment method
Pages:
Jump to: