In many cases, we keep the Auto Renewal system on at various places so that when the subscription period of this item expires, the time is instantly renewed. This is possible because the bank is a centralized platform and has an authority team to manage it. But if Bitcoin is accepted for payment like Debit/Credit Card everywhere around the world. In that case how Bitcoin can provide auto renewal system where we use non-custodial wallet to hold Bitcoin. Which has full access to us, no one can control it if they want. what to you think about it. How Bitcoin can provide a Subscription Auto Renewal solution?
If auto-renewal can be possible with Bitcoin, then I see no difference with it from our traditional centralized banking system, but I think such feature can only be possible with centralized exchange/wallet whereby they own the private key to your funds, and not on a non-custodial wallet whereby only you and you alone own & knows the private key to your funds. Because the ability of a transaction not to be executed without a user's instant authorization is one of the beauty about Bitcoin. But moreover, let's hear what others has to say regarding this.
