Why would customers use Bitcoins? - page 18.

Senor.Bla

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Quote from: hisuka on October 12, 2016, 06:37:28 AM

Customers would choose to use bitcoins because of:
Easy to use, fast transactions, low cost. These things
Could really help a lot to users.

no i do not think you are right.
how is bitcoin easier to use then fiat cash? how is it faster? i mean i just have to reach into my pocket to pay in cash. also i have absolutely no cost if i pay in cash. so your points speak against bitcoin.

hisuka

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Customers would choose to use bitcoins because of:
Easy to use, fast transactions, low cost. These things
Could really help a lot to users.

aso118

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Quote from: coynedterm on October 12, 2016, 06:07:34 AM

Quote from: noictib on October 12, 2016, 05:58:21 AM

Quote from: doraemon1 on October 12, 2016, 05:48:45 AM

I think because of the bitcoin is wearing a very good way rather than a credit card. In other words is Bitcoin could pay all our needs without any burden in later life, as we know that credit cards are indeed similar to credit card only Bitcoin is very detrimental to our future, because they attract our money every month with interest rates far greater than the cost of paying using Bitcoin.

yeah , right but also some better quality of payment through btc is getting more privacy of transaction , and more ease to payment , no fear to sce by carder . so bitcoin is great .

still both of you are right but , here it is to be noticed that , there is also a privacy of transaction in the credit of debit card payment . the main reason of payment through ( if acceptable ) is to keep tax charges away from payment . means no matter of taxation for the deal .

If you are evading taxes, you are breaking the law. Irrespective of the mode of payment.
Just because you use bitcoin doesn't mean that the laws governing your transaction are different.

coynedterm

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Quote from: noictib on October 12, 2016, 05:58:21 AM

Quote from: doraemon1 on October 12, 2016, 05:48:45 AM

I think because of the bitcoin is wearing a very good way rather than a credit card. In other words is Bitcoin could pay all our needs without any burden in later life, as we know that credit cards are indeed similar to credit card only Bitcoin is very detrimental to our future, because they attract our money every month with interest rates far greater than the cost of paying using Bitcoin.

yeah , right but also some better quality of payment through btc is getting more privacy of transaction , and more ease to payment , no fear to sce by carder . so bitcoin is great .

still both of you are right but , here it is to be noticed that , there is also a privacy of transaction in the credit of debit card payment . the main reason of payment through ( if acceptable ) is to keep tax charges away from payment . means no matter of taxation for the deal .

noictib

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Quote from: doraemon1 on October 12, 2016, 05:48:45 AM

I think because of the bitcoin is wearing a very good way rather than a credit card. In other words is Bitcoin could pay all our needs without any burden in later life, as we know that credit cards are indeed similar to credit card only Bitcoin is very detrimental to our future, because they attract our money every month with interest rates far greater than the cost of paying using Bitcoin.

yeah , right but also some better quality of payment through btc is getting more privacy of transaction , and more ease to payment , no fear to sce by carder . so bitcoin is great .

doraemon1

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I think because of the bitcoin is wearing a very good way rather than a credit card. In other words is Bitcoin could pay all our needs without any burden in later life, as we know that credit cards are indeed similar to credit card only Bitcoin is very detrimental to our future, because they attract our money every month with interest rates far greater than the cost of paying using Bitcoin.

Labumi

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Quote from: sana54210 on October 12, 2016, 01:56:54 AM

Quote from: freedomgo on October 12, 2016, 01:06:10 AM

Quote from: drwtsn32 on October 12, 2016, 12:30:16 AM

Quote from: lootz on October 11, 2016, 06:16:57 AM

If someone (bank for example) could block your money account, it means it is not your money. Nobody can block my bitcoin account, that is why I use bitcoin as a customer! We have to explicate what bitcoin is, why we shell not trust to banks.

Good point. But we shall not generalize banks. There are only some banks who does that. Of course you must be well-informed about their rules and regulations before you secure your money to them. If you did not like it, you mustn't have to accept it in the first place.

Banks are not stupid to block your account, you will only experience that if you are doing something illegal as bank are also required by the AMLC to monitor illegal transactions and suspicious transaction.

But there are a lot of incident where banks go so stupid. Like PayPal, many banks in my country are looking for some meaningless reasons to freeze accounts and funds.

They just need some reasons to double us, one of them maybe having more number of transactions within our accounts. For a businessman, dealing with huge amount of transactions are most common but they never look at the reasons, but they are very keen on freezing accounts.

It was to be one of the reasons of the entrepreneurs who move into the bitcoin. because it is not doing so bitcoin and also can edit your bitcoin into fiat whenever we want to. so it's something that benefits could not be obtained in paypal, so does bitcoin also gives the unstable price

sana54210

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Quote from: freedomgo on October 12, 2016, 01:06:10 AM

Quote from: drwtsn32 on October 12, 2016, 12:30:16 AM

Quote from: lootz on October 11, 2016, 06:16:57 AM

If someone (bank for example) could block your money account, it means it is not your money. Nobody can block my bitcoin account, that is why I use bitcoin as a customer! We have to explicate what bitcoin is, why we shell not trust to banks.

Good point. But we shall not generalize banks. There are only some banks who does that. Of course you must be well-informed about their rules and regulations before you secure your money to them. If you did not like it, you mustn't have to accept it in the first place.

Banks are not stupid to block your account, you will only experience that if you are doing something illegal as bank are also required by the AMLC to monitor illegal transactions and suspicious transaction.

But there are a lot of incident where banks go so stupid. Like PayPal, many banks in my country are looking for some meaningless reasons to freeze accounts and funds.

They just need some reasons to double us, one of them maybe having more number of transactions within our accounts. For a businessman, dealing with huge amount of transactions are most common but they never look at the reasons, but they are very keen on freezing accounts.

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Quote from: drwtsn32 on October 12, 2016, 12:30:16 AM

Quote from: lootz on October 11, 2016, 06:16:57 AM

If someone (bank for example) could block your money account, it means it is not your money. Nobody can block my bitcoin account, that is why I use bitcoin as a customer! We have to explicate what bitcoin is, why we shell not trust to banks.

Good point. But we shall not generalize banks. There are only some banks who does that. Of course you must be well-informed about their rules and regulations before you secure your money to them. If you did not like it, you mustn't have to accept it in the first place.

Banks are not stupid to block your account, you will only experience that if you are doing something illegal as bank are also required by the AMLC to monitor illegal transactions and suspicious transaction.

drwtsn32

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Quote from: lootz on October 11, 2016, 06:16:57 AM

If someone (bank for example) could block your money account, it means it is not your money. Nobody can block my bitcoin account, that is why I use bitcoin as a customer! We have to explicate what bitcoin is, why we shell not trust to banks.

Good point. But we shall not generalize banks. There are only some banks who does that. Of course you must be well-informed about their rules and regulations before you secure your money to them. If you did not like it, you mustn't have to accept it in the first place.

NordicRanger

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Well the fact is that they can control it and that its also untraceable, another fact is that you can use it globally and for customers this is very nice for sure.

vero

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Quote from: lootz on October 11, 2016, 06:16:57 AM

If someone (bank for example) could block your money account, it means it is not your money. Nobody can block my bitcoin account, that is why I use bitcoin as a customer! We have to explicate what bitcoin is, why we shell not trust to banks.

i could agree with you no one can block bitcoin account but no one can guarantee your money safe like bank can give it to you. that's why bank customer not interested in being customer bitcoin.

torrentheaven

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Quote from: socks435 on October 11, 2016, 12:15:47 PM

Quote from: eddyubachs on October 11, 2016, 11:55:48 AM

Quote from: ajun96 on November 21, 2015, 07:53:16 PM

This is awesome money you can trading, purchase, gambling, invested, and many other just with bitcoin
cutomers must use bitcoin

Yeah bitcoin provides wide range of benefits to its users so they should choose the benefit according to their convenience and best that fits them as there are multiple features attached with it.

They stil just few that we can use bitcoin if more stores are accepting bitcoin someday i think more customers will come to use bitcoin because of benefits and i know they will give more rebate merchant for bitcoin.. just like other store online that they are giving rebate for every purchase using bitcoin..

If we find more merchants accepting bitcoin as a payment method then it will attract even those people who are not aware about it and they will start research in knowing bitcoins.

socks435

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Quote from: eddyubachs on October 11, 2016, 11:55:48 AM

Quote from: ajun96 on November 21, 2015, 07:53:16 PM

This is awesome money you can trading, purchase, gambling, invested, and many other just with bitcoin
cutomers must use bitcoin

Yeah bitcoin provides wide range of benefits to its users so they should choose the benefit according to their convenience and best that fits them as there are multiple features attached with it.

They stil just few that we can use bitcoin if more stores are accepting bitcoin someday i think more customers will come to use bitcoin because of benefits and i know they will give more rebate merchant for bitcoin.. just like other store online that they are giving rebate for every purchase using bitcoin..

Hellacopter

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I think there is a lot of features encouraging customers to use Bitcoin as payment method, it's tax free and also decentralized currency and anonymous, they dont have to give their info to sellers or banking systems

eddyubachs

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Quote from: ajun96 on November 21, 2015, 07:53:16 PM

This is awesome money you can trading, purchase, gambling, invested, and many other just with bitcoin
cutomers must use bitcoin

Yeah bitcoin provides wide range of benefits to its users so they should choose the benefit according to their convenience and best that fits them as there are multiple features attached with it.

Senor.Bla

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Quote from: Bitcoinsummoner on October 11, 2016, 08:26:38 AM

Quote from: ajun96 on October 11, 2016, 06:33:19 AM

Quote from: lootz on October 11, 2016, 06:16:57 AM

If someone (bank for example) could block your money account, it means it is not your money. Nobody can block my bitcoin account, that is why I use bitcoin as a customer! We have to explicate what bitcoin is, why we shell not trust to banks.

I think the banks are not going to freeze the account to someone without a reason? of course they have a reason. if you're a good person and not doing anything illegal. The bank system it would be very useful. yeah at least decentralization could attract few users

Yeah right banks is have evidence if you doing hacks or fraud in your account they can terminate your account.. unlike in bitcoin any you want you can do.. thats why if you are in bitcoin you have your own freedome what you have to do with your bitcoins..

well there are cases with honest people having trouble accessing their money. if they are suspicious for what ever reason you can have trouble getting your money. you might even get it back after 6 months, many letters and phone conversations. sorry, i do not want that.

Bitcoinsummoner

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Quote from: ajun96 on October 11, 2016, 06:33:19 AM

Quote from: lootz on October 11, 2016, 06:16:57 AM

If someone (bank for example) could block your money account, it means it is not your money. Nobody can block my bitcoin account, that is why I use bitcoin as a customer! We have to explicate what bitcoin is, why we shell not trust to banks.

I think the banks are not going to freeze the account to someone without a reason? of course they have a reason. if you're a good person and not doing anything illegal. The bank system it would be very useful. yeah at least decentralization could attract few users

Yeah right banks is have evidence if you doing hacks or fraud in your account they can terminate your account.. unlike in bitcoin any you want you can do.. thats why if you are in bitcoin you have your own freedome what you have to do with your bitcoins..

olubams

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I would say the only reason why I would use Bitcoin as a customer, will be as a result of it being accepted by the supplier. That is if my awareness about Bitcoin is actually on the high side. On the other hand, if myself as a supplier wants to accept Bitcoin but my customer's awareness level is low, then the onus is really on me to actually explain the advantages to them among which is the anonymity it provides as against the use of credit cards or bank transfer as the case maybe...

aspire

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Simply because it is a real digital money.

Topic: Why would customers use Bitcoins? - page 18. (Read 133913 times)