Topic: Is bitcoin a better payment system? - page 15. (Read 2019 times)
Bitcoin transaction payment has the advantage because it is easy to use and easy to buy.Making it as our payment system is a good idea.Bitcoin is prepared for the future, so I think bitcoin is the right currency for the future wherein later in the world already using digital technology.
Bitcoin is a consensual network that has led to a new payment system and a fully digital currency.
It is the first decentralized peer-to-peer payment network that can pay and receive any amount of money anytime, anywhere. No bank holidays, no borders, no imposition. Bitcoin allows its users to completely control their money.
It is the first decentralized peer-to-peer payment network that can pay and receive any amount of money anytime, anywhere. No bank holidays, no borders, no imposition. Bitcoin allows its users to completely control their money.
I don't think Bitcoin is a better payment system. There are a lot of 2nd generation blockchain coins which are better than Bitcoin. But Bitcoin is the most popular .
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.
For me, Bitcoin is a very good international online payment system. But with the arrival of more digital coins in the technology frontier, Bitcoin itself has to improve its payment speed to meet the leading role in digital finance.
I think blockchain is more than just a payment system. Perhaps in the future any system involving the community will adopt this technology. Including refugee data though.
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 bitcoin is a better payment system we can use it for payment receiving money and a lot more for easy transactions
I don't think bitcoin is a better payment system but I do believe that if bitcoin is fully developed I think will considered it as a better. As you can see now bitcoin was not yet fully developed but it brings a lot of advantages what if it reached its true potential? bitcoin transaction is easy to use and faster it has no limitation and borderless. It is good especially when it comew to online and international transactions.
Nope, It's bad idea. The price are not stable, How we can make Bitcoin as payment system? although it is applied, I will not use it. It's just like using gold as a payment system. And when you spend your Bitcoin you will regret it when you know the price goes up.
Certainly not at the current stage, we still need some improvement to the technology and perhaps a robust kind of self regulatory mechanism, then it will not only be a better payment system, but the most preferred. The recent lightning network integration is a step in the right direction, drastically reducing transaction fees and effectively speeding up transactions, segwit was also a good move. We would need to see more of this for us to get there.
I think, that the ether is much more comfortable, as payment system, because of its speed
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).
I agree. Bitcoin would be yje best payment system if applied. In the future, fastest transaction wohld be implemented and bitcoin will play a part of it. Transactions would be cardless and all you need to do is to keep your bitcoins and your phone with bitcoin in order for you to send and receive money without barriers. I can't want to know that this systen is starting to implement nowadays.
Yes of course, bitcoin is a better payment system. This is also the primary reason why bitcoin was created, so that we can send funds directly to anyone anywhere in the world without the delay and hassle free.
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 guess it is more effective payment system because it can access anytime thru phone as long as you have the internet connection with you. It is also more convenient payment system than with our current system wherein we need to go in different establishments to pay our bills.
that's right, my answer is no, because bitcoin is still not systematic, and there are still many fundamental error errors in the transfer process, and it's also a bit complicated if we make payments via bitcoin, especially if the country is bitcoin banned, it will be more complicated the process. therefore better find another way out, or through cash payment will be more secure. for that more thought again the best payment to be done, so as not to harm each other.
yes bitcoin is a better payment system as payment with bitcoin makes transactions a lot faster and safer. it is preferable to payment with fiat currency.
Yes of course and that's the main purpose of its creator (Satoshi Nakamoto) before he/they launched bitcoin 10 years ago. Those entities who are using bitcoin as mode of their payment system said that their transaction is way better faster and cheaper than that of traditional one.
Nah it wasn't really created to be a payment system so there is no chance on earth it will be able to fulfil or replace the current payment system , the fees has been reduced and the speed is also increased drastically but it is not adopted widely which is one reason you can't consider it as a payment system
I think BTC more important than a payment system, it's like gold, you don't need to use it to make payments.
It can't be consider right now since only few establishment are accepting it and numbers of users are still few also. A lot of people consider this only as an investment only but not as a currency just like fiat. It looks like, people are now focusing on investing crypto but not the way they used it as for payments purposes.
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