People will use it cause blockchain is technology, and people will have more faith in technology then in old system where old people from governments, banks, and other corporations run their lives, or to say our lives.
I think it's time for new system and new management, and I think many people agree with me about this. Bitcoin can offer something that we haven't before, new monetary system. Cause we all know that world is controlled with money. Bitcoin just needs to survive long enough for people to notice true potential of blockchain. Good luck to us!
Topic: Why would customers use Bitcoins? - page 38. (Read 133913 times)
For me it is one of the best currencies for the customers, if not the best. Some of the reasons are that bitcoin provides another alternative, to be used as payment method, in a fast way and it also has low fees, helping the customers to save some money.
Bitcoin is much safer, much stronger and much more secure. You can get your credit card copied. On top of that, the transaction fee is literally nothing and stores would love it becouse you will be unable to get refunds.
I think bitcoin still not succesful in protection from their costumers unlike in paypal if we compare this two it will more safier to choose in paypal because if you buy product online it can help you to reverse the payment once you receive a wrong product.. Exactly and that is the reason more people prefer to use Paypal in compare to bitcoin as bitcoin transactions are irreversible and once payment gone from your wallet is gone forever.
Bitcoin is much safer, much stronger and much more secure. You can get your credit card copied. On top of that, the transaction fee is literally nothing and stores would love it becouse you will be unable to get refunds.
I think bitcoin still not succesful in protection from their costumers unlike in paypal if we compare this two it will more safier to choose in paypal because if you buy product online it can help you to reverse the payment once you receive a wrong product..
Bitcoin can be accessed from your phone or laptop and you can easly send any amount of coins to anywhere in the world instantly but banks can not do that we can not access bank from phone and we can not transfer any amoun5 there is a limit and if we send outside the country then we have to pay heavy tax and it will take much time too
because bitcoin is very stronger and secure currency and bitcoin is really available in everywhere in corner of the world and bitcoin is very good currency for online shopping .
Bitcoin may be anonymous but it certainly isn't private. It's easily tracked unless you launder your coins.
You have just made a reason why customers should not use it. Anyway, it is still private than credit cards from banks where you provide all your information.
If exchange to exchange transaction or using for physical stores it is totally anonymous.
But if you will use to purchase online goods or products from famous online merchants that needs an account you have to give your personal information.
You are right here but even in such case I will still use bitcoin payment option.
Why?
First, I have available bTC funds in my wallet which I can spend.
Second, it's very fast, simple and secure way to pay in this way.
Third, in such way Bitcoin will become more popular and more ''big'' merchants will accept Bitcoin and we will eventually become mainstream.
I don't have problem to share my private info with trusted merchants.
Yes just clarifying things about privacy since big merchants like Amazon, Steam, Ebay needs an account so personal information is really necessary even we use bitcoin as payment method.
And yes I don't have a problem too about giving my personal infos since I think it's not to the point that it will bring harm on our side especially if the merchant is really trusted for years. Also big merchants really needs to at least known our info so that if fraud will happen they can track the transaction for reference.
Bitcoin may be anonymous but it certainly isn't private. It's easily tracked unless you launder your coins.
You have just made a reason why customers should not use it. Anyway, it is still private than credit cards from banks where you provide all your information.
A lot of people were mentioning privacy, not anonymity, there is a difference between the two. Also the BTC transactions are public so anyone can track it if they have the relevant information. It's losing his "decentralization" due to ASICs.
Why would a customer use Bitcoins? Because certain things can only be bought with bitcoin
I see less reason to use it in retail for example, but more reason to use it as store of value.
Hoever it has great usage cases in retail also
, so Bitcoin FTW overall.
Hoever it has great usage cases in retail also
, so Bitcoin FTW overall. I came to figure out, why would a consumer/customer use Bitcoins?
You have to pay the 3 cent fee, while you dont have to pay anything when paying with a credit card.
So what is really a benefit for using Bitcoins, customer wise?
Well people or customer should choose bitcoin because it easier to use than the banks for me or credits card because sometimes bitcoin has no fee where you can send it freely and if this gonna happen for sure some supermarkets are going to accept bitcoin as a payment 100% will happen You have to pay the 3 cent fee, while you dont have to pay anything when paying with a credit card.
So what is really a benefit for using Bitcoins, customer wise?
Bitcoin may be anonymous but it certainly isn't private. It's easily tracked unless you launder your coins.
You have just made a reason why customers should not use it. Anyway, it is still private than credit cards from banks where you provide all your information.
If exchange to exchange transaction or using for physical stores it is totally anonymous.
But if you will use to purchase online goods or products from famous online merchants that needs an account you have to give your personal information.
You are right here but even in such case I will still use bitcoin payment option.
Why?
First, I have available bTC funds in my wallet which I can spend.
Second, it's very fast, simple and secure way to pay in this way.
Third, in such way Bitcoin will become more popular and more ''big'' merchants will accept Bitcoin and we will eventually become mainstream.
I don't have problem to share my private info with trusted merchants.
Bitcoin may be anonymous but it certainly isn't private. It's easily tracked unless you launder your coins.
You have just made a reason why customers should not use it. Anyway, it is still private than credit cards from banks where you provide all your information.
If exchange to exchange transaction or using for physical stores it is totally anonymous.
But if you will use to purchase online goods or products from famous online merchants that needs an account you have to give your personal information.
Bitcoin may be anonymous but it certainly isn't private. It's easily tracked unless you launder your coins.
You have just made a reason why customers should not use it. Anyway, it is still private than credit cards from banks where you provide all your information.
Bitcoin may be anonymous but it certainly isn't private. It's easily tracked unless you launder your coins.
You have just made a reason why customers should not use it. Anyway, it is still private than credit cards from banks where you provide all your information.
Bitcoin may be anonymous but it certainly isn't private. It's easily tracked unless you launder your coins.
CreditCards aren't that "free" you pay interest on long-term, with Bitcoin you just pay an initial voluntary fee and that's it, I think this is pretty fair in itself, Also bitcoin offers many other advantages like having no-strings-attached payments, no documents or personal linkage to your purchases and account in most cases.
of course credit cards are not free at all thats why i dont like them that much, in my opinion bitcoins should have as low fees only as possibleIn my country there is no annual fees on credit card they charge you fees only if you miss the payment date, and that charges are too high, but if you pay on time then I think credit card is still the best.
CreditCards aren't that "free" you pay interest on long-term, with Bitcoin you just pay an initial voluntary fee and that's it, I think this is pretty fair in itself, Also bitcoin offers many other advantages like having no-strings-attached payments, no documents or personal linkage to your purchases and account in most cases.
of course credit cards are not free at all thats why i dont like them that much, in my opinion bitcoins should have as low fees only as possible
CreditCards aren't that "free" you pay interest on long-term, with Bitcoin you just pay an initial voluntary fee and that's it, I think this is pretty fair in itself, Also bitcoin offers many other advantages like having no-strings-attached payments, no documents or personal linkage to your purchases and account in most cases.
privacy is the main reason. corporations can not steal/sell your private data if customers are not giving them the private data. giving the data is not necessity with bitcoin.
I don't think giving fiat money gives data at all. They don't have the power to trace each serial number of the money only the government can. Also giving fiat money no matter what denomination it is is not an effective research for the business/company as every money does not have only one owner it can be money from someones change. He probably means with credit cards, because as you said paying with fiat if you are paying cash no one would be able to steal any personal data of yours but maybe if some nasty shop keepers or markets steal your private data when you pay with credit card if they find your balance reasonable which is not possible to be done with bitcoins.
privacy is the main reason. corporations can not steal/sell your private data if customers are not giving them the private data. giving the data is not necessity with bitcoin.
yeah for me privacy is also really important, besides that i really like to have control over my own money as i dont need to use any banksAnd what is the connection of your statement to the thread title?
If customers will use bitcoin in purchasing in some of the big online merchants out there, it's mandatory to give your personal details to them since it's part of taking security and concern for their clients. Even in fiat transactions that is required. If people don't want the idea then don't desire to accept bitcoin by those big merchants.
Lol he had qouted a comment that he wanted to react, basically when someone qouted a statement, he must comment in it, not commenting on the qouted statement will render the message as spam because the person who qouted it is just saying something out of the blue and not related to the qouted statement, the same way you did and what i did to my qouted statment.
Anyway as to the topic, I think the one reason why customers uuse bitcoin is that, their fund cant be accesed by other people, unlike credit card or visa card that many user's details and card numbeer where hacked and used tto purchase stuff online by hackers.
I know. He must also add some insights about the topic and not only pointing to the comment he stated like you did in that post.
Anyways back to topic, Id like just to point out that privacy is the priority of the merchants but you must give your personal details. Big merchants online needs an account before anyone can purchase good in their store. And because that merchant is legal and all they complying with the regulations of online selling they must known at least some information with their customer. So if ever customers will use bitcoin don't mind giving out some personal infos.
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