Topic: Is bitcoin a better payment system? - page 25. (Read 2021 times)
Let's all wait for lightning network and for sure bitcoin's going to be the best payment system of all or if most are using Segwit wallets, everyone would agree that it is.
bitcoin transaction has advantages and disadvantages. for example, sometimes bitcoin transaction takes a lot of time even for a high fee, that obvious disadvantage for bitcoin, but it is still can be developed. for me, i really enjoy use bitcoin because i think bitcoin is easy to use it, especially for international transaction.
Definitely one of the worst payment systems(as of now at least, without the lightning network). But it's one of the best currencies and store of value due to it's pseudo-anonymity, decentralization, and due to it requiring no KYC whatsoever.
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.
Bitсoin is the best payment system? Of course not! With such a low transaction processing speed, this can not be.
Better then real money? Of course yes.But the best in all cryptocurrency ? No.I think that better payment system is eth.
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).
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