Future payment methods of bitcoin and crypto - page 14.

Boldcom

newbie

Activity: 149

Merit: 0

Quote from: jayanath123 on June 21, 2018, 12:01:46 PM

I hope to discuss about the future payment methods of BTC and Crypto. Start accepting bitcoin and crypto currency payment today,Accept payment security without payment claim and avoid risk ,Send the bitcoin and crypto currency to your employees and customers.

It really is a good idea. This will be a great discussion especially if bitcoin and other cryptocurrencies will be accepted by different businesses.

muhammedayo1

member

Activity: 151

Merit: 10

Stalker.network - POS Smart Contract ETH Token

What do we have to say as regards other cryptocurrencies used for transactions having advantage of lower transaction fee, fast confirmation and the likes.

That's one of the hindrance. I hope lightning network will come on time.

iamMhew

full member

Activity: 688

Merit: 101

Quote from: jayanath123 on June 21, 2018, 12:01:46 PM

I hope to discuss about the future payment methods of BTC and Crypto. Start accepting bitcoin and crypto currency payment today,Accept payment security without payment claim and avoid risk ,Send the bitcoin and crypto currency to your employees and customers.

this idea are already implemented on some other business establishment that want to get involve in crypto mostly in bitcoin. payment that accepting bitcoin or crypto currency is not new now adays, and i want to see that even in a employee pay-outs may implement this method as mode of payment. for less hustle and fast transactions made in an instant.

Juggy777

hero member

Activity: 2646

Merit: 686

This is as not simple as it seems that one day you decide to wake up and set up bitcoins payment and people will follow suit. The biggest hurdle is the law of the nation which you're bound to it. Unless of course you plan to go to court lol, then comes tax issues how'll you solve it and most importantly in case of a argument where do you go? As much as I would love crypto payments sadly we'll have to wait.

Coleth

newbie

Activity: 210

Merit: 0

Making Bitcoin as mode payments is a great news for all bitcoin holders. It will pacify those who are worrying about their investment in Bitcoin with its state now a days that is lowering down. It will be a great help if one way or another use it as payments for commodities.

tylerderden

copper member

Activity: 1162

Merit: 1025

Quote from: jayanath123 on June 21, 2018, 12:01:46 PM

I hope to discuss about the future payment methods of BTC and Crypto. Start accepting bitcoin and crypto currency payment today,Accept payment security without payment claim and avoid risk ,Send the bitcoin and crypto currency to your employees and customers.

Accepting cryptocurrency as a payment method is a very good thought as bitcoin and other cryptocurrency transactions can't be reversed so no charge backs and frauds can occur like the scams that occur in credit cards so the settling of transactions will be easy for shopkeepers. And usually a credit card transaction takes more than quarter of an year to fully settle but crypto currency transactions are almost instant.

BitcoinHodler

hero member

Activity: 1456

Merit: 578

HODLing is an art, not just a word...

Quote from: Dudeperfect on June 23, 2018, 11:20:03 PM

Not only the individuals but corporations are also interested to use Bitcoin but there are some issues with it from their point of view. At this stage, Bitcoin is not yet recognised legally so if large corporations are using Bitcoin to settle their financial transactions then they might not get the compensation or relief from the government when it comes to the taxation and other stuff. On the other hand, even the 1% fall in the market might cause a loss of millions of dollars to this corporations as they usually have their turnover in billions.

bitcoin is already recognized legally in most of the world! but not always as a currency but when it comes to accepting it as payment that doesn't concern businesses much. only the fact that bitcoin is legal.
for instance bitcoin is not a currency in US, it is a commodity instead but yet Microsoft (which is a huge company!!) is accepting bitcoin payments.
so i don't need to even argue about the taxation problem that you are mentioning here because that is a non-issue otherwise they wouldn't be accepting it in first place.

mustamin88

newbie

Activity: 98

Merit: 0

I think the absence of the authority to regulate Bitcoin (and other Cryptocurrency) is expected to eliminate unnecessary costs as currently applicable in the world's financial system.

kumablack

newbie

Activity: 56

Merit: 0

Current trends seem to be moving in the direction of cryptocurrencies being recognised as legal tender in the future however, i dont hink bitcoin, in its current form, will be able to handle the network load that comes with all that.

Lazada

sr. member

Activity: 686

Merit: 250

Quote from: jayanath123 on June 21, 2018, 12:01:46 PM

I hope to discuss about the future payment methods of BTC and Crypto. Start accepting bitcoin and crypto currency payment today,Accept payment security without payment claim and avoid risk ,Send the bitcoin and crypto currency to your employees and customers.

Using Bitcoin in every transaction we do is a great thing to appreciate, using bitcoin can help develop and increase the trust of the public. In the future, of course, that the development of Bitcoin will increase and it will make Bitcoin better known. I am optimistic that Bitcoin's future application will be very helpful in the world's financial system. Perhaps we will see a very high percentage of the use of Cryptocurrency globally in the future.

Ewox

sr. member

Activity: 812

Merit: 253

I think in time we all will accept future payment methods using bitcoin and other cryptocurrencies. Its just that at present, some countires does not accpet them yet because they have not figured out how to tax them but once it could be taxed there is a possibility payments will be allowed digitally.

markiplier.jack

jr. member

Activity: 66

Merit: 1

Quote from: Dudeperfect on June 23, 2018, 11:20:03 PM

Not only the individuals but corporations are also interested to use Bitcoin but there are some issues with it from their point of view. At this stage, Bitcoin is not yet recognised legally so if large corporations are using Bitcoin to settle their financial transactions then they might not get the compensation or relief from the government when it comes to the taxation and other stuff. On the other hand, even the 1% fall in the market might cause a loss of millions of dollars to this corporations as they usually have their turnover in billions.

Exactly my point, seeing recent fluctuations in the crypto market, holding the value will be difficult for everyone. Also, the taxation part will become difficult so gov will not allow as it is their only direct revenue.

Phinoy

newbie

Activity: 98

Merit: 0

Quote from: Bitdressa on June 23, 2018, 11:57:37 AM

I think this can indeed be a reference business or pay system that still needs to be developed, especially from the currency that is increasingly changing day is not fixed or with a certain price.

while the need is certainly going to increase and also will be higher, we need to eat we can set the price first.

It's not possible to happen as bitcoin today getting higher by the way in currency in the market maybe if you pay by bitcoin to bitcoin .There have been some reports today on our company retracting its plan to enable airline tickets to be purchased with Bitcoins; however, this is not something that was announced by the company and is not a fact. We are currently considering our start period in aiming to introduce such a service.

Wexnident

hero member

Activity: 2576

Merit: 666

I don't take loans, ask for sig if I ever do.

Quote from: jayanath123 on June 21, 2018, 12:01:46 PM

I hope to discuss about the future payment methods of BTC and Crypto. Start accepting bitcoin and crypto currency payment today,Accept payment security without payment claim and avoid risk ,Send the bitcoin and crypto currency to your employees and customers.

Well, it is possible but not just easy to implement. Before starting this mode of payment in different shops or stores it will actually needed the permission of the government in our respective country. This matter is needed by the approval of the government before implementing it. That was really good that there is such like payment method but of course it really depends to the situation of bitcoin in our country. I think that it is really possible to those country that already adapted and legalizing bitcoin.

salinizm

sr. member

Activity: 658

Merit: 252

In the near future , bitcoin will have been accepted legal payment tool by every single person and country. As a result of this accepting, bitcoin will be the most powerful trading and investing thing on earth.

passioncrypto

newbie

Activity: 336

Merit: 0

From my perspective i think in future bitcoin and crypto currency connect with banking system. Because many county and banks are accept crypto currency. So in near future all transactions are occur with the banking system.

Dudeperfect

hero member

Activity: 1190

Merit: 534

Not only the individuals but corporations are also interested to use Bitcoin but there are some issues with it from their point of view. At this stage, Bitcoin is not yet recognised legally so if large corporations are using Bitcoin to settle their financial transactions then they might not get the compensation or relief from the government when it comes to the taxation and other stuff. On the other hand, even the 1% fall in the market might cause a loss of millions of dollars to this corporations as they usually have their turnover in billions.

coinbeach1

newbie

Activity: 112

Merit: 0

PUNDI X sends you an additional 7% of your coins held each month until the end of the year. So if you have 100 coins on your listed wallet or Coinbene Exchange, at the end of the month they send 7 coins to your wallet (Airdrop). This way you always increase, and you can wait out fluctuations.

Good crypto Project! Their POS machine (creditcard machine + crypto + many others) takes direct crypto payments in Bitcoin and Pundix.

Coin buy-back coming!

AldoCrawley

newbie

Activity: 210

Merit: 0

Actually Crypto market is designed for future world also this may help to the future world also this crypto currency changing the buying barriers between country to country based on this there you can shop limitless shopping also you can trade anything so it’s helpful for people so I think it has great future.

neymarjunior50

jr. member

Activity: 266

Merit: 1

Well, this was a very informative post. The newcomers face many difficulties while understanding the process of crypto payment. This post will help them a lot.

Topic: Future payment methods of bitcoin and crypto - page 14. (Read 2693 times)