Topic: Bitcoin as payment system - page 48. (Read 6073 times)
bitcoin as a payment system is a welcomed idea, as this will make payment transactions alot easier. imagine paying for things at the comfort of your home with speed from any part of the world. bitcoin as payment system will change the way the world involves in transactions. it is a welcomed idea and i fully support it. hope the world adopts it soonest.
That's better if bitcoin can use as payment. It makes the transaction smooth and faster. You can buy and shop online without any hassle. But one disavdantage of using of it is value,all we know that bitcoin has a not consistent value and I think product price's is affected. And one of disvantage of online transaction is you can encounter a boggus seller or a fake seller to get your bitcoin in a easy way. So when the time came that bitcoin can use as payment system make sure that your coin is safe and your transaction is well.
With Bitcoin payment system it created a way that disallows payment reversal or chargebacks. A wallet has a set amount of money in it, and customers pay from their wallet to yours. Payments are a one-way only transaction, so you can't lose money due to stolen credit cards.
I do not think Bitcoin is going to go down so soon for me it is a good opportunity, if we consider Bitcoin as a gold then ofcourse Bitcoin is much more popular and violence then it and does not have any side effect. It is surely taking a long time but we have seen that banks have taken over our self we are literally became a slave of those huge money makers so I didn't see any wrong intention in Bitcoin system. Bitcoin is going to we live for like another 100 years because the mining Will Go On that will keep the network alive.
As far as I know bitcoin is still growing I believe bitcoin become one of the good way to make transaction as a payment because it is more convenient as long we have internet connection and I know every person that they know about bitcoin are interested to earn and invest.Besides bitcoin has low transaction fee because of decentralized form.
YES. IF the transaction of BTC to be in real-time/instantly and cheaper/cheaper/cheaper than proprietary Payment Systems!!!
We have already bitcoin using payments like the history of pizza. but for this time its have alsomore efficiency that 100% possibility thatbitcoin cn buy a big house.
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?
And how do you see it's future?
Bubble is not really the appropriate word I think it would remain merely a cryptic investment which people can use and trade there is no doubt that bitcoin will fail as a transaction system. Even though satoshi wanted to do so he did not really planned things for a mass adoption he never thought that bitcoin would come to this level or even if he thought his idea and product didn't really exhibited traits for such adoption. So now all we are doing if forks and forks which are useless in itself as bitcoin transaction fees have gone to such a level that even ultra lightning network won't make it feasible for daily trasnactions. 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?
And how do you see it's future?
I don't agree for bitcoin as a payment system because it is too expensive for a payment system since the fees are so high and a normal or ordinary person cannot even afford to buy bitcoin and pay the fee for a higher rate than the other type of payment system so i think it should fixed and adjusted first.
No doubt that it created the bases for today cryptocurrencies, and it is one of the most secure networks. But I think it is not made for everyday transactions
if bitcoin become a payment system its good to know because There are so many benefits accepting Bitcoin as payment if you are a merchant. First is that the processing fees are paid by the sender, and the merchant pays nothing to receive funds. These fees are considerably lower than traditional payment networks.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?
And how do you see it's future?
Currently bitcoin is not recommended for payment fees, much less for small payouts. The cost of bitcoin transactions is still high, which is what makes bitcoin unsuitable for payment system.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?
And how do you see it's future?
Especially now the price of bitcoin is still fluctuating frequently.
Bitcoin as a payment instrument is not suitable with the current bitcoin situation as regards the total volume in circulation is too low for the whole world to be scrambling for it, The time for confirmation is to much and the fees are outrageous for now. If these issues are tackled may be then we can consider Bitcoin as a payment instrument.
I am not agree to use bitcoin as a Payment system. Because it's fees is huge at present. And it's take too much time for transaction. That's why I am not agree to use it.
I think for now bitcoin is still very difficult to make as one of the legitimate payment system, because the nature of bitcoin itself is still very volatile, and very anonymous, so it will be very difficult to use. hopefully later there will be a way to overcome this problem and bitcoin can be used as payment system
I do not know what will happen next with bitcoin, but it will be very nice if bitcoin becomes a payment system. It will be very convenient and correct.
Yes that a good concept of makeing the bitcoin as a payment system
It can be used for payments but the transaction speed and cost currently prohibit that. Its better suited as a store of value at this point.
you can use the bitcoin an online payment system insturd of cash
Yeah but not much sellers accept Bitcoin as the method payment of them. There are somes but not enough for you to buy everything that you need.
If the other party agree with you that they can accept bitcoin as payment system then its good for you, but other prefer cold cash....
Depends on people's....
Depends on people's....
Yeah.... Everyone Cann use bitcoin as a payment system... But the two party should both agree of course.....
.. Or check company or individual using bitcoin as payment system before making transactions...
.. Or check company or individual using bitcoin as payment system before making transactions...
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