Topic: Is bitcoin a better payment system? - page 2. (Read 2037 times)
Bitcoin is a better payment system because first it is digital, it is faster, very convenient you can pay anytime, anywhere, saves energy and time.
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. As of now, Bitcoin as a payment system is only good for certain transactions but definitely not all. Bitcoin is perfect for transactions involving large sums. But for little payments such as a meal or a pair of shoes or a piece of T-shirt, Bitcoin may not be perfect as the fee is a little higher. Indeed, international transactions are also perfect for Bitcoin as it is borderless.
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, it is true. I think bitcoin is the best payment sistem, it is better than real money. it is the best crypto today.
At this point in time, bitcoin is having problems with scaling, but once the Lightning Network is fully developed along with other off-chain solutions, I believe bitcoin will once again be suitable for payments and microtransactions.
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).
As of now I don't really think that bitcoin is a good system for now because there are still some flaws from it. Just few stores are accepting bitcoin and still not well-known to people. Bitcoin is still a stranger to people so it might be hard for them to understand its system. 
Yes for me bitcoin is a better payment, if the people will truly understand this on how to operate, like sending bills payment system, they know how to trade and invest, then they can realize that this is easy to use.
for me bitcoin is better payment system, its better than other digital currencies, the advantages of bitcoin is very much, we can see that bitcoin is multifunction when the other digital currency just can pay the payment, we can see that bitcoin can used for trading, investment, currencies and anything else, so for me bitcoin is the better payment system that i know
yes Bitcoin is a better payment system as its fast reliable and convenient. The users enjoy the privacy and anonymity if they so wish and the transactions are kept secret. Bitcoin is also boderless and acceptable means of payment across ,m
ost countries with ease eliminating the exchange rate expenses
BTC payment system is one of the feature that make it so useful. It is a better payment system because it will give bitcoin users a convenient and hassle-free transactions. They don’t have to exert so much effort to get the transactions done.
yes Bitcoin is a better payment system as its fast reliable and convenient. The users enjoy the privacy and anonymity if they so wish and the transactions are kept secret. Bitcoin is also boderless and acceptable means of payment across ,m
ost countries with ease eliminating the exchange rate expenses
Better then real money? Of course yes.But the best in all cryptocurrency ? No.I think that better payment system is eth.
Its not actually, what if Bitcoin suddenly decrease in price what youw ill do if you really have to pay that person? I think you have to pay them in the exact amount of Bitcoin that you have ask them, and if that happened double loss will occur at your side wshich is very devastating since you should have reach the money even though the price really downed at the moment.
Bitcoin isn't good used for a payment because their fee is so High. Besides that, the transaction speed of bitcoin is taking almost 1-2 hour / per transaction.
So i don't think it will be good.
So i don't think it will be good.
Better then real money? Of course yes.But the best in all cryptocurrency ? No.I think that better payment system is eth.
As for me why bitcoin a better payment system in financial system ? Because bitcoin is a decentralized, peer-to-peer, "cryptocurrency" system designed to allow online users to process transactions through digital units of exchange called Bitcoins. Beside that in the Bitcoin payments are processed through a private network of computers linked through a shared program. Each transaction is simultaneously recorded in a "blockchain" on each computer that updates and informs all accounts so Bitcoin is better payment system than others payment system.
I think for now bitcoin is not a better payment. Because it is not widely accepted in many countries. I think it will be good if government will make some move in making bitcoin more safer for its users.
I do not think bitcoin can be said to be a better payment system for now because it has not gained the trust of most people and organizations and for the best knowledge. There are more governments than none that have not legalized bitcoin in their respective countries. 
It was good to you as a payment in some other point because it has no charges. The only risk here was bitcoin price was not stable so increase or decrease sometimes. But for me I want to used it as a payment because it is much faster and easier to tranfer money from one person to another.
for me bitcoin is a good payment because i used bitcoin to pay my utility bill and credit card bill, It was easy to used. the disadvantage of bitcoin as a payment is it has a limit when u used bitcoin as a payment.
Its not better for me because the price of bitcoins is moving too much and no one will accept it because when its dump they will lost money too just like on supermarkets you paid 0.1 BTC then the Bitcoin dumps so the supermarket will lost money and not to gain.
I do not think bitcoin can be said to be a better payment system for now because it has not gained the trust of most people and organizations and for the best knowledge. There are more governments than none that have not legalized bitcoin in their respective countries.
One of the biggest risks for online stores is fraud. You take a credit card payment, but days later you can receive notice that the charge was reversed. You’re stuck footing the bill because you’ve already sent the product. You not only lose money, but you also lose your product to fraud. Even the most secured businesses fall victim to fraud sometimes.
Bitcoin technology is created in a way that disallows payment reversal or chargebacks. A wallet has a set amount of money in it, and customers pay from their wallet to yours. Payments are a one-way only transaction, so you can’t lose money due to stolen credit cards. As a matter of fact, the customer takes the risk of you never sending product even though you’ve been paid.
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).
More people would like to use crypto currency in that world and everyone will gain access to it. For now, it is a great payment system since there are a lot industries that accept bitcoin. In addition to that, I do believe that bitcoin has great future and great potential to become future currency. Lastly, I hope bitcoin will good enough in our near future.
For me, Bitcoin is the best payment. Because the transaction is so fast. In one click, your payment will be accepted immediately. And then it is hassle free because you don't need to stand in line to pay. And you don't need to exchange.
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