Topic: Bitcoin as payment system - page 61. (Read 6074 times)
as we know today, bitcoin has spread in different countries, when to Japan, payment bitcoin already in force there since the first in the beginning of the success of the world cryptocurrencies, if for other countries I think not fully make payment using bitcoin, but I am sure to the future will happen like what we want, using bitcoin would be easier to do the transaction
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.
if bitcoin become a payment system its good to know because There are many benefits especially for buyers when it comes to using Bitcoin. It allows fast confirmation time within 10 minutes, which is handy for international transactions. It allows you to purchase items from abroad without worrying about currency conversation. Storage of coins is not difficult. The transaction fee is paid by the sender of the coins but this is typically pennies.
According to you Bitcoin will be as a means of payment. Many people focus on the price of Bitcoin, but Bitcoin is still a good technology. This is the best system for payment and investment transactions. You do not need to register, you just need a secret number (pin) to receive bitcoin. Much easier than other payment methods.
I guess it would be convenient for people with bitcoin if bitcoin will be a payment system since most transactions will be online. However, people with no access to any bitcoins will have a hard time and probably be left behind though there is still time to introduce it to them. Anyhow, with bitcoin as a payment system, transactions and purchasing stuffs will be a lot easier.
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.
I would rather bitcoin as payment system,
when using other payment gateway it requires too much verification.
But when using bitcoin you can get anything you want done privately.
Although liked but nowadays many countries are opposed to bitcoin used for payment instruments for example in my country. Indonesia does not prohibit the existence of bitcoin but for all forms of payment in mandatory with rupiah / currency of my country when using other payment gateway it requires too much verification.
But when using bitcoin you can get anything you want done privately.
I would rather bitcoin as payment system,
when using other payment gateway it requires too much verification.
But when using bitcoin you can get anything you want done privately.
when using other payment gateway it requires too much verification.
But when using bitcoin you can get anything you want done privately.
For now you can use Bitcoin directly to buy a lot of goods but not everything cause Bitcoin is not legalized worldwide so with some special goods we still have to exchange Bitcoin into cash to purchase. Beside I just want to let you know that Bitcoin will be a global currency in the future and it's never being a bubble, just scammer said that it's bubble only. At the moment you can use your Bitcoin to buy foods, car, house or maybe even a island 
)
) I think bitcoin will remain as an investment item rather than payment system because it will lose the value appreciation if it will become a payment system it will have a fix amount and limited transactions to use for unlike now as an investment it has many opportunity for much higher income and it has become a valuable item like gold.
Dont you think when BTC become convenient payment system people start buying more BTC?
I really agree bitcoin in made as a means of payment.
facilitate us in making all payments.
I am very happy if all countries accept bitcoin as a means of payment.
facilitate us in making all payments.
I am very happy if all countries accept bitcoin as a means of payment.
It seems to me that bitcoin will only grow stronger in the payment market over time. The growth of its popularity in Russia and the world will only contribute to this.
Huh? Bitcoin is already a payment system or more precise term "a currency" if you are reading the white paper, "bitcoin is a p2p electronic cash system" one phrase defines bitcoin that is payment system which we use to transact, shop and trade online. The only problem is, people mistakenly bitcoin as a investment rather than a payment system or more prcisely a currency people need to educate that bitcoin isn't an investment.
I think bitcoin will remain as an investment item rather than payment system because it will lose the value appreciation if it will become a payment system it will have a fix amount and limited transactions to use for unlike now as an investment it has many opportunity for much higher income and it has become a valuable item like gold.
I don't really agree to that though cos in the long run the price increases and you lose a lot of extra cash
I think Bitcoin is no longer a payment system for everyday transactions. Years ago, gold coins were used for purchasing items, but this is no longer the case, except for high value items. Gold coins are now and investment medium, and I think Bitcoin has become the investment medium for the digital age, It is used for the purchase of digital assets such as domain names. I think we are moving away from the days when it will be used for the purchase of a coffee in McDonalds.
Bitcoin as a capacity token little by minimal swung to get numerous use. Among that bitcoin as an installment framework is likewise gets included. As of late parcel many organizations began to acknowledge bitcoin into their business and drops the utilization in a short, since it won't increase great income as modest number of individuals think about bitcoin too digital currency.
bitcoin is already a currency, that means you can pay using bitcoin and use it to transact, trade and exchage for services. It is already similar to a normal cash and the only difference is that it is in the digital form, which is a bunch of complicated algorithms and codes. And I think bitcoin is way more safer payment than credit card or paypal.
For some people Bitcoin is like a weekly wage or something. There are Campaigns paying people 0.03 weekly and that's like 300 USD weekly , which is not at all bad for just posting and earning. On top of that if you have a well settled job then probably you can use Bitcoin for your leisure or the other way round.
It is a good payment method actually especially when buying online. More secure than using credit card to prevent possible account stealing.
Bitcoin as a storage token little by little turned to get multiple usage. Among that bitcoin as a payment system is also gets added. In recent days lot many companies started to accept bitcoin into their business and drops the usage in a short, because it won't be gaining good revenue as very small number of people know about bitcoin as well cryptocurrency.
Jump to: