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Topic: Is bitcoin a better payment system? - page 11. (Read 2019 times)

full member
Activity: 490
Merit: 101
April 22, 2018, 01:12:31 PM
It's honest, it's simple, it's incorruptible and it's fair. Blochane-technology is one of the most advanced technologies that has occurred in world history.
newbie
Activity: 322
Merit: 0
April 22, 2018, 01:10:09 PM
The answer is that it often is not, at least for most people, most of the time. Eventually it will be the best payment system, but it needs to develop further, gain more adoption, and get over the scaling obstacles. Even so, Bitcoin is already the best payment system for certain use-cases, such as sending money across borders, or receiving money from someone you don't trust (which helps further in cross-border transactions).
Better in cash? Yes! Bitcoin got a better payment than cash. No hassle and long wait or queue to pay bills. Bitcoin is easy to use. I'm not talking the current situation but soon in the near future maybe they develop an offline wallet than can be a way of payment. It is more applicable in long distance transaction.

I agree, even now bitcoin is much more convenient than many payment systems, especially in transfers between countries. Also with the introduction of lightning, bitcoin will be a payment instrument number 1.
jr. member
Activity: 295
Merit: 1
April 22, 2018, 01:06:16 PM
I think BTC don't better ViSa or Master Card
BTC too slow and high fee
I like XLM for payment,it very quickly and low fee
I think XLM can change our payment system
It's a decentralize coin !
newbie
Activity: 182
Merit: 0
April 22, 2018, 12:53:37 PM
Bitcion is not the best paid system yet. At this time not the majority of people trust most of it, the number of transactions is low. But in the future, Bitcoin will be more popular and will be a better payment system now.
member
Activity: 169
Merit: 10
April 22, 2018, 12:38:21 PM
I have the confidence mind to say YES that bitcoin is a better payment because since bitcoins was introduced to the world, it has turned into a billion dollar market and have bee n designated a currency, it has been recognized as a means of better payment currency.
full member
Activity: 392
Merit: 102
April 22, 2018, 12:29:20 PM
IMO bitcoin is becoming more of a store of value there are many alternatives for payment like DASH / Litecoin which are cheaper from a transaction fee perspective, but BTC is still the most widely adopted
newbie
Activity: 82
Merit: 0
April 22, 2018, 12:27:56 PM
At the moment, there are a lot of such systems. You can choose another convenient one. At the
same time, it is worth noting that all payment systems need to be simplified and improved. Since
not all users can immediately understand its work.
full member
Activity: 434
Merit: 168
April 22, 2018, 11:58:27 AM
The answer is that it often is not, at least for most people, most of the time. Eventually it will be the best payment system, but it needs to develop further, gain more adoption, and get over the scaling obstacles. Even so, Bitcoin is already the best payment system for certain use-cases, such as sending money across borders, or receiving money from someone you don't trust (which helps further in cross-border transactions).
Yes i am sure that bitcoin is better payment system becauase you can use this so easily you can transact money so fast and low feees so imagine if this cryptocurrency will become more popular maybe it will become our new currency hopefully .
newbie
Activity: 98
Merit: 0
April 22, 2018, 11:54:44 AM
If bitcoin security is upgraded and upgraded. Maybe bitcoin will fit into a payment system that is suitable for the world economy.
newbie
Activity: 168
Merit: 0
April 22, 2018, 10:28:39 AM
Well for me yes due to the unique nature of virtual currencies, there are some inherent advantages to transacting through Bitcoin that users of other

currencies do not get. Digital currencies are a relatively new and untested medium of exchange, and users should be careful to weigh their benefits and

risks. That said, Bitcoin appears to offer some unique possibilities.

member
Activity: 200
Merit: 10
April 22, 2018, 10:27:35 AM
Do you want to make digital gold as payment system? I think nope, because bitcoin is more valuable. The price can go up over time. Why not just save it than give to other people.
full member
Activity: 742
Merit: 101
April 22, 2018, 10:25:27 AM
The answer is that it often is not, at least for most people, most of the time. Eventually it will be the best payment system, but it needs to develop further, gain more adoption, and get over the scaling obstacles. Even so, Bitcoin is already the best payment system for certain use-cases, such as sending money across borders, or receiving money from someone you don't trust (which helps further in cross-border transactions).
Better in cash? Yes! Bitcoin got a better payment than cash. No hassle and long wait or queue to pay bills. Bitcoin is easy to use. I'm not talking the current situation but soon in the near future maybe they develop an offline wallet than can be a way of payment. It is more applicable in long distance transaction.
newbie
Activity: 196
Merit: 0
April 22, 2018, 10:11:33 AM
At the moment, no. But in the future, might be. Bitcoin and cryptos in general has endless potential to grow, so someone might develop a crypto wallet, for easier,offline, and faster payment.
newbie
Activity: 32
Merit: 0
April 22, 2018, 10:09:39 AM
bitcoin is a better payment system in lot of areas such as across border with no language boundaries and recognised as a universal currency.
member
Activity: 114
Merit: 10
April 22, 2018, 09:59:45 AM
Bitcoin is the best digital currency used as the better payment system, it is advantageous to use because it has the potential to become the most useful billing system.Bitcoin is fast and cost-effective, reducing dependence on third parties. We can take the initiative to forward it at any time.
hero member
Activity: 1319
Merit: 593
In #Bitcoin me trust
April 22, 2018, 09:49:52 AM
Bitcoin is not the best payment alternative but it's really a better alternative than using cash. Digital currency is easy to carry, secure and safe. Indeed there are faster alternatives to Bitcoin if speed is an issue. But Bitcoin is not built to be the fastest payment option it built to be anonymous, open and secure that everyone can trust.
jr. member
Activity: 118
Merit: 1
April 22, 2018, 09:48:07 AM
The answer is that it often is not, at least for most people, most of the time. Eventually it will be the best payment system, but it needs to develop further, gain more adoption, and get over the scaling obstacles. Even so, Bitcoin is already the best payment system for certain use-cases, such as sending money across borders, or receiving money from someone you don't trust (which helps further in cross-border transactions).
Not all transaction but in some items like appliances you can use bitcoin as payment in some online store. I don't think  bitcoin is safe for payment in other transaction like sending money to other country.
jr. member
Activity: 90
Merit: 5
April 22, 2018, 09:47:28 AM
It has got benefits for the sellers that the buyer cannot charge back. But there are issue like the payment not getting transferred instantly.
full member
Activity: 434
Merit: 105
April 22, 2018, 09:45:30 AM
I think bitcoin is the best cryptocurrency. It can be the first payment method online in the future, it is making payments and trades easier and simpler for people around the world.
Undoubtedly, it is the best payment method as it is quite secure and easier one to make transactions and better than those of the traditional payment method as transactions are totally done online and from anywhere in the world. And with the technological advancements, this method is under the process of development and is becoming even more convenient to use...
Yes, as we compare to paper money in terms of payment we can't buy our wants in fastest way, we're the one who withdraw in the bank and pay with cash. I think the payment system of bitcoin has an advantage in near future than fiat because the progress and hi technology will adopting by people just to feel comfortable .The paper money will not diminish but it the bank system will reduce.
member
Activity: 476
Merit: 12
April 22, 2018, 09:43:05 AM
As a payment system bitcoin is really convenient especially when it comes to overseas translations. Moreover, more and more different products we can buy for bitcoin
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