Topic: BTC payment only? - page 3. (Read 2356 times)
Bitcoin is more convenient to pay for the product, and a smart contract is more suitable for concluding contracts for example for real estate.
I also prefer to use bitcoin for transactions because in time as well as other things bitcoin has a better advantage, it's the one that makes the attraction for me.
One of the advantage of it is, doing transactions more easy, or easier in which you do not have to waste more time and do mot waste too much effort. With bitcoin you only need some clicks that will lead you in finishing transactions in an instant. This is the future of everyone I believe.
As of now I know that BTC is more on Payment. In the future will we utilize a Smart Contract-like?
Because of the blockchain bitcoin appeared or was created, correct me if I'm wrong with this thoughts of mind. Then, as time goes by there are many blockchain appeared aside from bitcoin, we have Ethereum erc20, Xem or known as Nem, Neo, Waves, and Xlm or Stellar.
Those are I think in the near future will become more useful in our entire planet.
Smart contract will be applied in many aspect of life such as ,cryptocurrency, mediacal industry, supply management, real estate...
I see that bitcoin is more often used for exchange transactions between other coins and low coins. but for the payment is still within the minimum volume limit, because if for payment must involve the approval of various parties.
In addition to easy payments, the technology that BTC brings to many other applications where Bitcoin currency is just one of them. For example Application for land registration, notary, contract Intelligent (automatically allow or cancel transactions with some pre-programmed conditions), domain registrations, voting processes, ... when algorithms become more reliable than secondary parties three (which may not be reliable due to corruption). Blockchain technology allows strangers to trade safely without mutual trust.
BTC is actually not very practical for payments and transactions for 2 reasons :
* High transaction costs
* Slow confirmation times
Yes absolutely right! but if you and merchants can use coinbase then it's going to easy and super fast.* High transaction costs
* Slow confirmation times
As of now I know that BTC is more on Payment. In the future will we utilize a Smart Contract-like?
No Bitcoin is not a payment scheme as others might what to put it. The price is not stable and then the cost of transaction fees. Today its been look as more of a store of value or investments. There's nothing wrong though, but to make it a currency, we need some form of regulations though because it can be adopted globally.
Bitcoin transactions have no intermediary institutions or government involvement, the costs of transacting are kept very low.
at now there are many system use blockchain payment like ETH, XLM, NEO... BTC payment is one as them.
Companies from different Industries, Political campaigns, and many more Services are accepting Bitcoin as a legitimate source of payment moreover, people around the world have also begun accepting Bitcoin as a medium of exchange, since there are many implications to Blockchain Technology
Those tokens cannot beyond bitcoins for what so ever. Bitcoin blockchain is not known for its ability to enable smart contracts.
I am well convinced that with time bitcoin can be used for all transactions. As for smart contract it does not actually require complicated, advance things. It already incorporated in bitcoin to some extent.
Make BTC payment as fast as possible, your contract is extremely powerful, can be used as a currency and a commodity and also for smart contracts. The smart contract never really took off and other currencies like Ethereum focused their development to specialize in that and basically because of the default platform
Blockchain technology is extremely excellent and Bitcoin is a very classy product of this technology. Bitcoin, if widely used in online payments, would be a revolution in the way people use cryptocurrency. I hope that the day that the world uses Bitcoin in payment will soon happen in the next few years.
Have you ever paid for goods and services by bitcoin? Have you ever seen someone buy something or go to a supermarket with bitcoin? I like to buy the item that payment payment by bitcoin
Bitcoin is form not only for using it as payment, it can also use for investment. But the main purpose of it is by helping us to have a much easiest, fastest and much convenient way of doing or making transactions.
bitcoin is a convenience in all transactions and security that can be maintained reputation, so for investment and exchange is very perfect and good
To solve all the payment you can go with the bitcoin alone. Smart contract is actually go to update the project with the payment in smal circle. Those tokens cannot beyond bitcoins for what so ever. Please think well and invest on the smart contracts before you invest on it.
Because I knew many friends who invested on scam projects and some project does not reach the soft cap as well bro.
Because I knew many friends who invested on scam projects and some project does not reach the soft cap as well bro.
i think we need other payments like ETH don't focus only in BTC .
Make BTC payment as fast as possible, your contract is extremely powerful, can be used as a currency and a commodity and also for smart contracts. The smart contract never really took off and other currencies like Ethereum focused their development to specialize in that and basically because of the default platform
As of now I know that BTC is more on Payment. In the future will we utilize a Smart Contract-like?
In my opinion not only Smart Contract can be possible as a Payment system - the cryptocurrency will have to offer. That's just one of the closest to possible possibilities. Cryptocurrency for me still is too early to be able to fully utilize its potential. Still have so many issues yet proving itself being useful either way.
As of now, we just have to accept how things operate. It may not be close to our ideals but atleast it has been a big impact to our economy so far.
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