Stop Comparisation with BTC and Other Payments Methods. - page 6.

NeuroticFish

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Quote from: muslol67 on March 28, 2019, 03:24:35 AM

So if you must to compare Bitcoin with something else. Make this comparisation the first then year of Bitcoin and that thing.

For example Visa (mostly compared with Bitcoin) was established in late 1958.

You have a partly valid point here, however:
The things evolve nowadays much faster today than 60 years ago. It's not unnatural to expect Bitcoin evolve faster than VISA did (and Bitcoin does evolve faster!)
Such comparison leads to evolution, can lead to fixes and changes in the direction people want to use it. Such comparison in not a bad thing.

bhadz

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Quote from: muslol67 on March 28, 2019, 03:53:51 AM

Quote from: bhadz on March 28, 2019, 03:34:13 AM

We can't stop people comparing everything with anything like bitcoin to every payment methods. What most I see is about the transaction time, for those other payment methods the arrival of the money takes a couple of days while in bitcoin, it will just take you a couple of minutes. For the happy users who have experience with both payment methods, you can see on how it's ease to use and saves a lot of their precious time when receiving or sending money.

Especially transaction time and amount comparisation is completely wrong. These are not same. We can't compare with Apple and Banana. They are fruits but not same!

What can we expect from most? no one can stop an individual from comparing bitcoin to any other payment methods. What if they were tired of the long transaction time because they need money more than the transaction time that they have to wait? yes, they were different but that's just it and the reality can't be crampled and it depends on you if you will embrace it or not. Nothing wrong with these comparisons as it shows on who are the supporters and how their experiences went.

Xenrise

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How can bitcoin grow if we stop comparing it to other payment methods? We want bitcoin to be used in this world as a mode of payment. Comparing isn't that bad so that we can see what bitcoin does and other methods doesn't and vice versa.

Comparison is healthy for me as long as you can see the positive and negative sides of each.

muslol67

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Quote from: bhadz on March 28, 2019, 03:34:13 AM

We can't stop people comparing everything with anything like bitcoin to every payment methods. What most I see is about the transaction time, for those other payment methods the arrival of the money takes a couple of days while in bitcoin, it will just take you a couple of minutes. For the happy users who have experience with both payment methods, you can see on how it's ease to use and saves a lot of their precious time when receiving or sending money.

Especially transaction time and amount comparisation is completely wrong. These are not same. We can't compare with Apple and Banana. They are fruits but not same!

Quote from: alisafidel58 on March 28, 2019, 03:35:25 AM

Comparing bitcoin is not a bad thing to other payment methods. People are comparing it because they are having some issue with other payment methods which is not happening over bitcoin.

The comparison is good so that newbies will have an option on what they will use bitcoin or regular payment method.

I don't think they are talking about issues. They are mostly want to prove that Bitcoin is useless. They are trying to promote some other coins all the time.

talkbitcoin

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All I know is that I know nothing.

a fair point, but i have to add that usually (at least 90% of the times) it is not really users that are making such comparisons but they are always reporting something they have read somewhere. for example it is a well known fact that the news sites always publish click baits, and these days that price movement doesn't exist because bitcoin is very stable, they have nothing to write about so they keep trying to come up with things like this comparison. then everyone starts talking about it.

alisafidel58

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Comparing bitcoin is not a bad thing to other payment methods. People are comparing it because they are having some issue with other payment methods which is not happening over bitcoin.

The comparison is good so that newbies will have an option on what they will use bitcoin or regular payment method.

bhadz

hero member

Activity: 2632

Merit: 584

Payment Gateway Allows Recurring Payments

We can't stop people comparing everything with anything like bitcoin to every payment methods. What most I see is about the transaction time, for those other payment methods the arrival of the money takes a couple of days while in bitcoin, it will just take you a couple of minutes. For the happy users who have experience with both payment methods, you can see on how it's ease to use and saves a lot of their precious time when receiving or sending money.

muslol67

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I've been reading this badly comparisation with Bitcoin and all other payment methods. (Visa, Mastercard, Apple Pay, Alipay...)

Bitcoin has created 10 years ago. There is no regulations about it. It is all new area. Decentralized, it can't control from anyone. So we haven't met like this one before.

Visa, Mastercard, FIAT, Apple Pay, Samsung Pay, Alipay... They have advantages. Firstly all of them has a regulations about payment, store and banking... Also they've controlled from someones. People thinks if anything will be happen, they will go ask from them. Also, they have a legal protection. They can sue against it.

But we are learning about yet. We still don't know if we have legal protection or not. Actually, we are just experiencing yet.

So if you must to compare Bitcoin with something else. Make this comparisation the first then year of Bitcoin and that thing.

For example Visa (mostly compared with Bitcoin) was established in late 1958. And it started their international size of work in 1974! [Bitcoin has made it in a few years].

You can read all history of Visa here: https://usa.visa.com/about-visa/our_business/history-of-visa.html

Topic: Stop Comparisation with BTC and Other Payments Methods. - page 6. (Read 1023 times)