Yes, Bitcoin is a better payment system. I think that I prefer Bitcoin to pay or transfer money compared to banks. Of course, bitcoin is not perfect, and transactions take a long time and high transactions. The fees are all Bitcoin should perfect
well, even though we say that it is a very promising payment system, but, for the country it could harm them. well we know that bitcoin transcation is not in taxes, and moreover the bitcoin system is always preached as money laundering. 
Topic: Is bitcoin a better payment system? - page 23. (Read 2037 times)
No matter what people are saying here but I do believe that it is the best payment system. I am not sure why people call it not so perfect as we can still make payments with it, we can still receives and send as much amount of money as we want in the first place. Its all about how you look after it! If you think you can just go at offline retail ask for the LAMBO and then make BTC-card purchase, then thats wrong! Bitcoin was made to make online transactions far smoother considering its online presence. Moreover though that is the case then also I am sure that we are on the verge of getting it grounded and use it for the offline purpose. Thats why it is still best no matter what!
Yes, Bitcoin is a better payment system. I think that I prefer Bitcoin to pay or transfer money compared to banks. Of course, bitcoin is not perfect, and transactions take a long time and high transactions. The fees are all Bitcoin should perfect
Everyone knows that bitcoin has all its shortcomings, especially in payment, which is the reason why people are in urgent need of lightning payment and Bitcoin is excessively being used for inter countries transactions because of less fees and instant trasfers.Adoption is needed to be increased in order to make btc an effective payment system. That's all .
Bitcoin payment system will by accept in future.There are no subscription or monthly fees for using Bitcoin directly, unlike traditional bank accounts and payment processing networks. 
while of course this is not the best system to pay for everything and many are not very well versed in it.but I'm sure it'll come with time.
I don't think that it is the best payment system for now. Fiat is still a better payment system, in my opinion. Bitcoin is better off in investment and sending coins even across a different country. Transactions is slow and has a high fee. Maybe, in the future, if lightning network will be implemented, then it probably would change. But, only time will tell.
low transaction processing speed.
Well given this statement and given the fact that Bitcoin is not acceptable worldwide the answer is NO. As of now, Bitcoin is still in a progressive stage and the acceptance stage. We can't deny the fact that Bitcoin did a lot of upgrade over the years but it's still not enough to be considered as a better payment system.
The answer is yes. Its the easiest way of paying something.
Isn't paying via Credit card or Debit Card is the most accessible right now?
There were only selected stores or businesses to accept Bitcoin as a form payment. As of the moment, it is not.
Absolutely. Privacy exists
The answer is that it often is not, at least for most people, most of the time.
wrong! bitcoin IS a better payment system. the correct statement would be bitcoin is not perfect. and what is perfect in the world that we live in? nothing!
of course there are always pros and cons to any system and bitcoin is no exception either. but the advantages are outweighing any kind of disadvantage or imperfection that bitcoin may have and that is acceptable.
I believe once bitcoin reaches full scale and the second layer scaling infrastructure has been completed it will enable a much better, faster, cheaper, more open and transparent payments system. The current financial system is so manual and inefficient.
the second layer scaling solution is also no perfect. although it is a good and very interesting solution but there are still downsides to that too. but as I said as long as advantages outweigh all these downsides we have a good system, and that's how bitcoin is.
yes bitcoin is mostly used by speculators as an investment but that doesn't mean it has no other usages! there are still a lot of people who are using bitcoin as a currency and pay for stuff online or offline. you can see all the online shops that are accepting bitcoin, you can check out the merchants in Japan that have been accepting bitcoin for a bout a year now. and on top of that you can always check out BitPay which is processing payments to merchants and services. BitPay said they have been processing $110M+ in bitcoin payments per month so you can't say there isn't enough utility!
Everyone knows that bitcoin has all its shortcomings, especially in payment, which is the reason why people are in urgent need of lightning payment and Bitcoin is excessively being used for inter countries transactions because of less fees and instant trasfers.Adoption is needed to be increased in order to make btc an effective payment system. That's all .
The current affairs says bitcoin is not a best payment system it have to improve in this area. I'm aggring its one of the top crypto but to make safe in this crypto field innovate bitcoin and its features is an important issue now. As per the results I could feel that etherium is the best in payment system.
Do not listen to media because media are making news for the bad aides of bitcoin not spreading in the entire nation the good side of bitcoin as decentralized currency how much bitcoin help to people to get earn money using the new technology systems,
Ok current affairs are saying bitcoin are not a best payament system, all the things bave an solution become better than to others, take note improvement of the computer system today's are faster than to the train, I beleive bitcoin are good use for payment system of any kind of goods and needs for the daily lives.
Bitcoin is not better, its one more system avialable nowadays
It have their plusses and minuses, transaction speed very low and not cancelable. by one side is good but some times peoples make misstakes and its will be not cancelable
It have their plusses and minuses, transaction speed very low and not cancelable. by one side is good but some times peoples make misstakes and its will be not cancelable
It is the best Store of Value that we have ever seen. It makes sense, seeing as we've never seen a digital SOV in the history of mankind. We believe resisters will soon see this, quicker than most imagine.
Bitcoin is in the process of becoming a better payment system as when more works are done in the area of scalability , timing of confirmation and the cost of transacting with bitcoin. It is only when these actions are being achieved that Bitcoin will become a better payment system.
I consider bitcoin as a better payment system so far. It has a lot of opportunities even despite some disadvantages and unacceptance of cryptocurrency by a lot of people. It is still a better system than what we have been used before.
There are disadvantages and advantages with using btc as a payment system. There is a trade off between privacy and convenience. For day to day transactions where privacy is not an issue then, fiat is a better payment system. The reason why we still need fiat is that this is the case for most scenarios. Additionally at its current state, payment isnt instant that's a big factor to consider.
A good payment system feature should be quick and cheap. But in Bitcoin we are not getting them right yet. Bitcoin's highest fees and the lack of adequate confirmation are now a serious problem. So before that they should be given importance and find ways to solve it. But bitcoin is still the best even than PayPal or other currency. If we solve problems very soon, then Bitcoin will soon become a good payment system.
The answer is that it often is not, at least for most people, most of the time.
wrong! bitcoin IS a better payment system. the correct statement would be bitcoin is not perfect. and what is perfect in the world that we live in? nothing!
of course there are always pros and cons to any system and bitcoin is no exception either. but the advantages are outweighing any kind of disadvantage or imperfection that bitcoin may have and that is acceptable.
I believe once bitcoin reaches full scale and the second layer scaling infrastructure has been completed it will enable a much better, faster, cheaper, more open and transparent payments system. The current financial system is so manual and inefficient.
the second layer scaling solution is also no perfect. although it is a good and very interesting solution but there are still downsides to that too. but as I said as long as advantages outweigh all these downsides we have a good system, and that's how bitcoin is.
I can consider that bitcoin is a better payment option specially if we are talking about larger scale of money. Compared to bank systems, bitcoin is much faster and fees are so small since it will cost only exact amount for the same speed of transactions no matter how much you will transfer while on bank they have this commission which if computed at larger scale, it is too much.
I generally would not call bitcoin a payment instrument, he is more of a speculative instrument. Because of its high volatility, it is very difficult to regulate the price of goods and services.
I think that over time, many national currencies will switch to blockchain technology, but BTC itself will not be a payment system.
I think that over time, many national currencies will switch to blockchain technology, but BTC itself will not be a payment system.
The answer is that it often is not, at least for most people, most of the time.
wrong! bitcoin IS a better payment system. the correct statement would be bitcoin is not perfect. and what is perfect in the world that we live in? nothing!
of course there are always pros and cons to any system and bitcoin is no exception either. but the advantages are outweighing any kind of disadvantage or imperfection that bitcoin may have and that is acceptable.
I believe once bitcoin reaches full scale and the second layer scaling infrastructure has been completed it will enable a much better, faster, cheaper, more open and transparent payments system. The current financial system is so manual and inefficient.
the second layer scaling solution is also no perfect. although it is a good and very interesting solution but there are still downsides to that too. but as I said as long as advantages outweigh all these downsides we have a good system, and that's how bitcoin is.
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