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Topic: For monthly subscriptions, bitcoin may be more appropriate. - page 2. (Read 1398 times)

legendary
Activity: 1904
Merit: 1074
We should not limit Bitcoin's use, because it cannot perform immediate/instant transactions. We should make it suitable for ALL types

of transactions. You experience a hurdle and you adapt and change to improve it, until it can perform those actions. If Bitcoin wants to

be a currency, then it has to do everything that a currency can do.  Wink
legendary
Activity: 868
Merit: 1006
Bitcoin subscription processes can be used where required. Invoice payments, club memberships etc. Bitcoin in place can be used efficiently.
In such places, there is no need to wait for payment to be approved immediately. This will not be a problem until the payment is approved.

As it is today, the banking industry does a decent job at monthly subscriptions. As far as I know if you have for example a gym membership, you don't have to do anything, the gym will take the money from your bank account automatically as soon as you have enough to pay the monthly membership, so I don't think the average joe is going to find any extra advantages with bitcoin in this area.
legendary
Activity: 1568
Merit: 1031
I definitely disagree when It comes to monthly subscriptions on whatever service it is , whether Its music , movies or anything else. Those who apply for memberships usually want to renew them and the thing with bitcoin is that Its impossible to do so without manually sending the funds each month over and over again.
hero member
Activity: 966
Merit: 506
Bitcoin subscription processes can be used where required. Invoice payments, club memberships etc. Bitcoin in place can be used efficiently.
In such places, there is no need to wait for payment to be approved immediately. This will not be a problem until the payment is approved.

Not only for memberships, but also for hotel room booking, flights bookings we can use bitcoins. All these things can afford to wait for confirmations of bitcoins transactions and shall be best  option to pay for these in bitcoins.
hero member
Activity: 2912
Merit: 556
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
the monthly subscriptions that i know is already applied in porn sites and they have monthly fee for their members. i think monthly subscriptions is really help us to still use the services like internet provider, pay our bills. but for buying stuff or product, i don't think that it will need monthly subscriptions because we don't buy something everyday so
legendary
Activity: 1176
Merit: 1016
Bitcoin subscription processes can be used where required. Invoice payments, club memberships etc. Bitcoin in place can be used efficiently.
In such places, there is no need to wait for payment to be approved immediately. This will not be a problem until the payment is approved.
I know a web-hosting site. which support payeer payment service. and payeer is a bitcoin supported company. It is kloud51.com . I've paid my monthly invoice using bitcoin in this service and very fast.

and don't forget bitreffle..
legendary
Activity: 1134
Merit: 1010
BTC to the moon is inevitable...
in my opinion right now bitcoin is the best option for payments that are online. no matter what they are and how much they are, if it is an online subscription that is worth a little or even a monthly payment of a large amount, bitcoin is still good for both of them.
hero member
Activity: 994
Merit: 502
That's a good suggestion to use bitcoin for subscription needs. Even with other purchases confirmation is not a big factor, because on purchasing will get the bitcoin into the insight notification. This can be used as a confirmation for the particular order placed for the shopping need.
hero member
Activity: 3094
Merit: 929
Bitcoin subscription processes can be used where required. Invoice payments, club memberships etc. Bitcoin in place can be used efficiently.
In such places, there is no need to wait for payment to be approved immediately. This will not be a problem until the payment is approved.

Bitcoin is still good for purchases ,if the seller doesn`t care about confirmation time and if there is some kind
of a rating system that separates the trusted buyers from the scammer buyers.
legendary
Activity: 1218
Merit: 1006
Yes it will be more appropriate or the one who like to pay with bitcoin may not have to wait till transaction get confirmation. However for paying in store can also be possible if the store use tools like https://bitcoinfees.21.co/ this will just show how much satoshi per byte of transaction is enough to get quicker confirmation, so those store owner can instantly approve transaction with enough fee to get confirmed within next 10 minute.
member
Activity: 69
Merit: 10
Bitcoin subscription processes can be used where required. Invoice payments, club memberships etc. Bitcoin in place can be used efficiently.
In such places, there is no need to wait for payment to be approved immediately. This will not be a problem until the payment is approved.
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