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Topic: Is bitcoin a better payment system? - page 8. (Read 2019 times)

newbie
Activity: 1
Merit: 0
April 24, 2018, 02:14:49 AM
Hello! Im new here but im really interesting in bitcoin. I heard and i know that this is the fastes way for payments but im courious to know more details.
full member
Activity: 518
Merit: 101
April 24, 2018, 02:13:32 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).

Bitcoin is closer than any other coin to become a common mean of payment. Not all coins just like Bitcoin hoping to be the next currency. Often startup companies will sell a coin to try and raise money as an alternative issuing stock.
newbie
Activity: 224
Merit: 0
April 24, 2018, 02:12:19 AM
Bitcoin has great potential if used as an alternative payment system, especially online payments. Bitcoin is better as an alternative payment system online because it will be more efficient, practical and easy.
full member
Activity: 815
Merit: 101
April 24, 2018, 02:08:32 AM
bitcoin can be used as a good payment system because now bitcoin will still continue to be one of the money contenders for terms of payment. now there are countries that accept payment system with bitcoin but still limited to several places. and this makes bitcoin a new breakthrough for the advancement of payment technology.
sr. member
Activity: 440
Merit: 250
#SWGT CERTIK Audited
April 24, 2018, 02:03:45 AM
bitcoin dont have new technology just like other altcoin but many people accept bitcoin. that make bitcoin become a good payment system for many services. but fee too high. If bitcoin can resolve that problem that will be awesome
member
Activity: 140
Merit: 10
April 24, 2018, 02:00:05 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).
It is true that bitcoin need to improve more to help users use bitcoin as the payment system, yes there are many people use bitcoin but their knowledge about bitcoin is not enough, it can help and can be a payment system but there is still process that need to do before we use bitcoin as the payment system.
newbie
Activity: 70
Merit: 0
April 24, 2018, 01:52:32 AM
Yes,Bitcoin is a better payment system. It's so easy,safe and helpful. It can be use anywhere at anytime. Bitcoin is more fast from money .
full member
Activity: 186
Merit: 100
April 24, 2018, 01:40:49 AM
Bitcoin has many benefits and it is suitable for people to invest and make money. I think bitcoin is not a good paying system, you have to pay a very high fee for the transaction. Processing speed in bitcoin's transactions is low.
member
Activity: 294
Merit: 11
April 24, 2018, 01:07:03 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).

Bitcoin is a better payment system wherein it can be used as mode of payment thru online stores or even in a physical stores that accepts Bitcoin as payment. When we use Bitcoin as payment it make our live easier and we can avoid charges and hassle free. This is our future cash as alternative mode of payment so we better to invest to Bitcoin now until the price is still low and might increase its value in the future.
member
Activity: 420
Merit: 10
ENCRYBIT — FUTURE OF CRYPTOEXCHANGE
April 24, 2018, 01:01:17 AM
I agree with this.. Bitcoin is the best way in transactions, because with the security blockchain system in making transactions guaranteed safe from the crime actions. So I think, transactions using bitcoin will be trend in the future. and I am sure there will be many supporting facilities to facilitate the transaction.
hero member
Activity: 2268
Merit: 789
April 24, 2018, 12:53:29 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).

Relatively speaking, yes due to its decentralized and volatile system wherein it provides anonymity between the parties that transact and the fees are lower compared to other sending remittances. Not to mention, the convenience it provides to users make this as the perfect avenue for sending money globally and also for corporations which they can utilize their business transactions more. There are a lot of implications when using bitcoin as a payment system but what hinders it from developing are the restrictions imposed from countries who prohibit the use of such.
newbie
Activity: 104
Merit: 0
April 24, 2018, 12:51:00 AM
It is easy to buy and sell bitcoin.
But as far as the payment option is concerned, it does not seem so effective, more efforts are needed.
Even then, large amounts of transactions can be done by bitcoine and are being done.
newbie
Activity: 73
Merit: 0
April 24, 2018, 12:48:06 AM
bitcoin is the best payment system because bitcoin is the best and most profitable stock investment system.
full member
Activity: 364
Merit: 100
April 24, 2018, 12:40:13 AM
Yes i like bitcoin very  much and the payment system now very good and many new innovation in bitcoin will come in the future the value is good and good for invest in this currency in the past theft were a common issue in every where but due to this currency system people are secure and they can pay easily by their own hand from their home.
newbie
Activity: 59
Merit: 0
April 23, 2018, 11:38:50 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).

today, bitcoin is better than real money. the best of crypto is bitcoin. so, I think bitcoin is best payment system, it is easy and fast.
jr. member
Activity: 238
Merit: 1
https://i.imgur.com/iwknjIj.png
April 23, 2018, 11:26:24 PM
Yes its true, it more convenient and fast when it comes to transactions. One button and you are done. At the same time not time consuming and avoid going out as well.
newbie
Activity: 196
Merit: 0
April 23, 2018, 10:55:30 PM
In my opinion i think its okay.Because bitcoin payment is safe and fast transaction even if it is night time it has a fast transaction.It has also many benefits that people can bring.It gives us platform to exceed in running in daily life.
newbie
Activity: 14
Merit: 0
April 23, 2018, 10:41:02 PM
maybe, because it is fast co'z its online but it is hackable co'z its online so that it is not better.
full member
Activity: 468
Merit: 100
April 23, 2018, 10:39:12 PM
it's true, maybe in some countries and according to some people, bitcoin is not a good payment system, but it will be the best payment system and very helpful for us to transaction between countries with unknown people. in addition to payment systems, bitcoin will be used as an investment for some people because it can bring many benefits.
newbie
Activity: 7
Merit: 0
April 23, 2018, 10:27:10 PM
Yes it is a better payment system as it is quick and have wide field of oppurtunities and even help one to progress in limited time. It give us platform to exceed in running in daily life. Yes it is best option.
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