Topic: Bitcoin as payment system - page 53. (Read 6073 times)
It is just a matter of time where bitcoin can be used in major entities as payment for goods or in services as well. And we've already seen it today that bitcoin is being used as payment for such. Moreover, if bitcoin's disadvantages can be addressed soon, then the realization of using it in all entities is not far from reach anymore.
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?
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?
you know wrong We all know that Bitcoin is one of the best payment system not investment.
we use bitcoin as investment not as payment "main goal"
Well 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. This has to be thoroughly plan and with careful analysis since government are trying to ban this.
It will be a good evolution in the trading or market industry. As of now the bitcoin wallet in our country has the capabilities to pay bills and buy a load. It is a legit way of paying such bills. But all transaction has to be made online. It would be wonderful if the day comes that even offline you can pay in Bitcoin.
With a good ifrastructure bitcoin can become the globally accepted currency. It's good as a payment system for now but when it grows up this can change the face of economy as we know it.
Despite the pros and cons of bitcoin transactions, I remain optimistic and believe that this technology is a form of future transformation. With this technology, we can accelerate the process of financial verification, support the efficiency of work systems, and can reduce transaction costs. In addition, with the advent of cryptocurrency technology, slowly, this will change the way people do business and invest. So, be proud to be one part of this technology.
I have no idea why do you think that paying online by visa/master card is bad idea, it gives us possibility to get refund easily or block funds/get back stolen money sometimes. From bitcoin's nature it's just impossible without escrow. Innovation in bitcoin is that it's very easy way to send/receive money but currently fees are so high that it doesn't worths for small transactions. Also investors prefer stable currency when investing in business. 
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?
you dont want to use bitcoin as a payment system, this will ruin the market not just crypto market but the basic that we are having since then.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?
1. bitcoin can only accomodate 4 transactions every second.
2. bitcoin transfer fee is huge you dont want to pay 1 dollar using bitcoin.
Bitcoin as payment system have to live! It s one of the secure system. I believe in it! But it has to stay more popularity.
Many businesses in different countries are accepting bitcoin as payment for goods and services, and there are also some that dont accept, it maybe because they dont know what a bitcoin is. Dont know when will the whole world accept it as payment on any transactions (but it can be possible) since banks are continuously producing money and is the only currency that they recognize.
Despite the pros and cons of bitcoin transactions, I remain optimistic and believe that this technology is a form of future transformation. With this technology, we can accelerate the process of financial verification, support the efficiency of work systems, and can reduce transaction costs. In addition, with the advent of cryptocurrency technology, slowly, this will change the way people do business and invest. So, be proud to be one part of this technology.
It is mostly store of value rather than a payment system, people are investing on bitcoin and keep it to see mostly dreaming of 1,000,000USD levels. In my opinion it is not possible but this is the expectation of some people.
Bitcoin was originally created to help people take control of their money instead of banks that trend to control and steal from the masses.
It's obvious now, that bitcoin turns out to the most profitable way of investment, that is because the importance of bitcoin is more than as it was expected.
It's obvious now, that bitcoin turns out to the most profitable way of investment, that is because the importance of bitcoin is more than as it was expected.
yes i want bitcoin as a payment system.bitcoin can be international payment system and very easy way to pay.
Bitcoin is a payment system ? Wow ! For me its a less hassle and very convenient. You dont have to travel to pay . You can pay through online at the same time have bonding to your family. But it has a disadvantage when you pay for the wrong it is not refundable.easier payment and less hassle
I think that is the real idea of bitcoin to be used as a payment system, but right now people are holding theirs in the hopes of growing their money. I believe tha there will be time where people will began spending their bitcoin as soon as the prices stabilize. Bitcoin should also fix the issue of high transaction fees in order for bitcoin to be fully utilized.
I really wish that atleast there is one merchant that accept bitcoin in my country and has its online shop too, so I can use my bitcoin directly. It will looks cool, I never found any mechant in my country which use bitcoin as payment system.
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?
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?
In 2014 there was all that hype about how bitcoin is going to replace all payment global companies (let me not mention any names here, but you know what companies I am referring to) and card operators (again, no names
) because it has those low fees and relatively fast confirmation time, people would list more and more places where you could spend bitcoins. Well, now it seems that the chances to achieve that are all gone. Now what we are left with is a store of value and when everybody realizes that the king is naked... bum... bubble blows.he he he =) nice comment
However, the real hype Bitcoin has now
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?
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?
In 2014 there was all that hype about how bitcoin is going to replace all payment global companies (let me not mention any names here, but you know what companies I am referring to) and card operators (again, no names
) because it has those low fees and relatively fast confirmation time, people would list more and more places where you could spend bitcoins. Well, now it seems that the chances to achieve that are all gone. Now what we are left with is a store of value and when everybody realizes that the king is naked... bum... bubble blows. 
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 kind of feature of bitcoin makes it more popular wolrdwide because in payment system, the transaction of many investors or any users is fast and this is good for them because they can trust each pther because they easily notice when the transaction is already done. 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.
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?
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 have heard that in some areas of Tokio or Berlin it is quite possible to pay Bitcoins in restaurants and shops. There are a lot of Bitcoin ATMs in such places. BTC is wide spreading more and more.
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