I would accept to receive payments in BTCitcoin 50% and 50% USD. Only in the present moment because there is a lot of instability. We have already learned to live with its volatility, but at present, trade is unpredictable. But I still believe in Bitcoin and I wish we have good news soon so I can see market opportunities grow again.
Topic: How many people here would choose bitcoin as their form of payment? - page 5. (Read 869 times)
March 29, 2020, 05:23:32 PM
March 29, 2020, 04:37:39 PM
I'll still prefer to use my cash if I still have fiat currencies to use, why? Even if we remove every problem Bitcoin will be facing from slow transactions, stores not accepting it, and to it being illegal I'll still prefer to use my cash first because in my own personal views I consider Bitcoin as my asset not some kind of quick cash I'll be happy to spend every time. If it weren't for the volatility and the potential gains I'll be having with it I'll be happy to spend it just like cash but that is not the case. Assets (besides cash) are not meant to be spent right away since you will just be wasting the opportunity to earn from it. I know that Bitcoin's purpose was to be an alternative to cash payments and to eliminate middlemen but the thing is Bitcoin is now even more compared to that and I'm happy that I treat BTC as an asset.
March 29, 2020, 03:55:57 PM
Question:
I was curious if given the opition would you or would you not get all pay in 100% bitcoin.
Sure. If bitcoin is already accepted in any store in my place, from the department stores to grocery supermarket and other restaurants, then why not? I'd rather scan a QR code to pay with my phone with BTC other than withdrawing first to convert to cash which is you need to got some atm machine first which I'm usually doing. I was curious if given the opition would you or would you not get all pay in 100% bitcoin.
March 29, 2020, 03:50:17 PM
Well, if you mean bitcoin over fiat currency on payment, Yes I will agree, paying through bitcoin is such a good idea, bitcoin is so beneficial to each and everyone, besides it is more convenient compared to fiat currency in terms of transactions(paying bills, load, etc.) because it will happen through the use of internet, but the bad sides of bitcoin as payment is the securities, I don't believe so much internet in terms of securities because there are so many hackers and scammers in the virtual world, so you may be prone to be fooled in cryptocurrency.
March 29, 2020, 03:41:41 PM
Actually this will only applicable if bitcoin has a fixed price but as we all know bitcoin and other cryptocurrency is volatile, which means its price changes seconds by seconds, so I don't think that it will be applicable as form of payment because once the bitcoin is dumping there would be no person that will use it to purchase some stuffs or will be a form of payment because they will lose their money if they do that and if we don't have choice to pay then we will surely lose our money. Bitcoin for me is only an alternative currency for fiat, it is only meant to be converted to fiat currency so we can use it to purchase some goods in real life.
March 29, 2020, 03:36:50 PM
For people who do know the value of bitcoin and its potential price in future then they would prefer on accepting their pays on btc form but the question is, would their employers consider such payment?
No they wont since we know that volatility wont really fit out not the same on traditional fiat so they would stick out on the old system no matter how we do like for such changes its still impossible for it happen.
Thinking of that not all wont be willing to get their salary which have volatility characteristic.Adoption is moving though but doesnt mean that we would get rid of the old fiat system.
No they wont since we know that volatility wont really fit out not the same on traditional fiat so they would stick out on the old system no matter how we do like for such changes its still impossible for it happen.
Thinking of that not all wont be willing to get their salary which have volatility characteristic.Adoption is moving though but doesnt mean that we would get rid of the old fiat system.
March 29, 2020, 03:22:43 PM
Firstly this is not a promotion, nor am I encouraging you to do the same.
I have been using bitwage to collect a portion of my pay check in bitcoin and ether. I have been considering while the price is low to just go all in or at least bump my allocation to 50%( 50% BTC/ 50% usd). With the fed printing more money the more I feel inclined to do this. Dont get me wrong I'm still buying undervalued stocks right now, paying Bill's and also trying to live a decent life.
Question:
I was curious if given the opition would you or would you not get all pay in 100% bitcoin.
My answer:
For me 100% is alot, considering I'd HAVE to sell some to pay bills/ expenses and stocks. But if given the ultimatum of bitcoin or usd, you can only convert out of btc, never into btc...I'd take btc.
I have been using bitwage to collect a portion of my pay check in bitcoin and ether. I have been considering while the price is low to just go all in or at least bump my allocation to 50%( 50% BTC/ 50% usd). With the fed printing more money the more I feel inclined to do this. Dont get me wrong I'm still buying undervalued stocks right now, paying Bill's and also trying to live a decent life.
Question:
I was curious if given the opition would you or would you not get all pay in 100% bitcoin.
My answer:
For me 100% is alot, considering I'd HAVE to sell some to pay bills/ expenses and stocks. But if given the ultimatum of bitcoin or usd, you can only convert out of btc, never into btc...I'd take btc.
I do not think it is right to invest 100% in anything of value for money. It doesn't matter in USD, Euro, Gold, Bitcoin or stock. Their value may decrease over the time cycle.
And no, I don't think it's right to sell BTC right now. I think buying BTC is the right decision. For this reason, I do not need to use any platform as mentioned. But still, I use it to experience such platforms.
March 29, 2020, 03:02:42 PM
Answering the question asked in the topic, everyone here would most likely prefer too receive their payment in bitcoin. Afterall, we all signed up here cause we all want something to do with bitcoin. Adding to that, if you had the chance to pay someone for some service or goods, it'd be cool if you ask the person if he or she would receive payment in bitcoin. And if the person is already familiar with receiving bitcoin, be happy to carry out the payment as it helps increase the rate at which Bitcoin is used for payment.
March 29, 2020, 03:00:21 PM
Not yet, my friend. For now I'm just hoarding bitcoins untill it gets to a point when I'm sure this won't be another 250 btc for a pizza moment
March 29, 2020, 02:55:12 PM
Firstly this is not a promotion, nor am I encouraging you to do the same.
I have been using bitwage to collect a portion of my pay check in bitcoin and ether. I have been considering while the price is low to just go all in or at least bump my allocation to 50%( 50% BTC/ 50% usd). With the fed printing more money the more I feel inclined to do this. Dont get me wrong I'm still buying undervalued stocks right now, paying Bill's and also trying to live a decent life.
Question:
I was curious if given the opition would you or would you not get all pay in 100% bitcoin.
My answer:
For me 100% is alot, considering I'd HAVE to sell some to pay bills/ expenses and stocks. But if given the ultimatum of bitcoin or usd, you can only convert out of btc, never into btc...I'd take btc.
I have been using bitwage to collect a portion of my pay check in bitcoin and ether. I have been considering while the price is low to just go all in or at least bump my allocation to 50%( 50% BTC/ 50% usd). With the fed printing more money the more I feel inclined to do this. Dont get me wrong I'm still buying undervalued stocks right now, paying Bill's and also trying to live a decent life.
Question:
I was curious if given the opition would you or would you not get all pay in 100% bitcoin.
My answer:
For me 100% is alot, considering I'd HAVE to sell some to pay bills/ expenses and stocks. But if given the ultimatum of bitcoin or usd, you can only convert out of btc, never into btc...I'd take btc.
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