advantages when making a bitcoin transaction, it is not necessary to provide personal identification information such as your name and address. Bitcoin transactions
are made using an anonymus alphanumeric address that change with every transaction and a private key. Payments can also be made on mobile devices by using quick response (QR) codes.
transaction fees? Bitcoin payments can be sent and received at a very low cost or none at all, as bitcoin fees are based on the amount of data sent.
Topic: Why would customers use Bitcoins? - page 95. (Read 133913 times)
They would use them for their ease of use. Most consumers don't use them due too the fear of not knowing how easy it is to use. Maybe an exchange can make a video and do a giveaway of bitcoin to start off these customers on how to show them what they can be used for and what the full potential is towards their use of buying groceries for example.
In the other hand i think that many Bitcoin's users use it for it's powerful features like anonymity and decentralizing and the lowest fee
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?
some of the advantages of using bitcoin for consumers is: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?
1. ease of transacting speed
2. ease of account creation or bitcoin wallet
3. simple but strict security
4. user data is stored more safely
Very low fees for international transactions, relatively fast transactions.
Yes you nailed it I do international transaction every week at a very minimal charge and much quicker than other exchanges so it's the best tool to send money to your family and friends if you are staying away from them I would say Bitcoin has just changed the way we used to do transactions.
They would use them for their ease of use. Most consumers don't use them due too the fear of not knowing how easy it is to use. Maybe an exchange can make a video and do a giveaway of bitcoin to start off these customers on how to show them what they can be used for and what the full potential is towards their use of buying groceries for example.
customers using bitcoin as more practical and faster
In the customer’s focus bitcoin is the best way of process in money transaction and payable medium. It will reduce the tax consumption and We can easily find the hidden charges in any purchases through bitcoin. Consumer can purchase universally no need to change the fait currency for purchase. I think this is not only the advantage for us. We doesn’t know many advantages that as well.
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?
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?
Because they want to be anonymous. Credit card payments can be tracked down.
Money is money, customers should use bitcoin just cause of what fiat represents. Yhere is to much troubles in the world and mostly it is cause of money. We need new and better system, and that is what bitcoin can offer to us, to the world.
And for sure its better to give 3 % fee to merchants then anything to bank, they made this world to look like this, starting war, poverty..
And for sure its better to give 3 % fee to merchants then anything to bank, they made this world to look like this, starting war, poverty..
because bitcoin transaction has a very easy and quick, but it is easier to use bitcoin wallet from the payment processor such as paypal, because not everyone has a verified paypal
I don't think of bitcoin as a currency. I think of it as an asset. You can't complain about a 3 cent transaction fee. This three cents keeps bitcoin alive. Think of this as your tax. Some credit cards charge a 1% surcharge, and if you buy something more than $3, the surcharge will be more than three cents. Three cents is also a great deal, as it's the cents to make an international transaction.
Very low fees for international transactions, relatively fast transactions.
quote author=tarsua link=topic=1258126.msg13034897#msg13034897 date=1448140776]
Much safer than creditcards, easy to settup, easy to use, harder to steal, stores will like it because transactions are irreversible
quote]
ALso, do not forget the "no intermediary thing". That's what most attracts me to btc, no need to trust banks or similar entities.
Much safer than creditcards, easy to settup, easy to use, harder to steal, stores will like it because transactions are irreversible
quote]
ALso, do not forget the "no intermediary thing". That's what most attracts me to btc, no need to trust banks or similar entities.
I choked when you said credit cards have no fees it of course has fees and bitcoin is easier to use takes pressure to make a credit card and use it and look at your debt 
customers using bitcoin as more practical and faster
Not Only that, Bitcoin transaction having very transaction fee when compared to Paypal or Western Union. Need to get approval from bank for transaction So Time consumption is very less. No need pay the handling taxes. So Consumers can use this.
Yes for Bitcoin customers, they can easily send their payment immediately, unlike using of Western Union or Bank transfers, recently my family friend encountered this kind of situation, with an emergency he was forced to wait for long time to get delivered his son's money who works abroad but with bitcoin it is made fast enough.
Bitcoin must be a choice in the case of emergency, it is very fast in making transactions.
For an emergency need, if you own a bitcoin debit card then spending your bitcoins would not be concern like once you received your money you can start using it like your local fiat.
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?
i'm not sure,because actually not many advantages to using bitcoin, but bitcoin very helpful as an alternative payment, and it is possible there will be more benefits to be gained by consumers when using bitcoin. 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?
customers using bitcoin as more practical and faster
Not Only that, Bitcoin transaction having very transaction fee when compared to Paypal or Western Union. Need to get approval from bank for transaction So Time consumption is very less. No need pay the handling taxes. So Consumers can use this.
Yes for Bitcoin customers, they can easily send their payment immediately, unlike using of Western Union or Bank transfers, recently my family friend encountered this kind of situation, with an emergency he was forced to wait for long time to get delivered his son's money who works abroad but with bitcoin it is made fast enough.
Bitcoin must be a choice in the case of emergency, it is very fast in making transactions.
For an emergency need, if you own a bitcoin debit card then spending your bitcoins would not be concern like once you received your money you can start using it like your local fiat.
customers using bitcoin as more practical and faster
Probably, the answer is “YES”.
Bitcoin customer are more practical than other payment processors without buyer protection they are spending their hard earned bitcoin only on the basis of seller's reputation.
Always a win-win situation if the customer uses bitcoin, for him as well as for the seller.
customers using bitcoin as more practical and faster
Not Only that, Bitcoin transaction having very transaction fee when compared to Paypal or Western Union. Need to get approval from bank for transaction So Time consumption is very less. No need pay the handling taxes. So Consumers can use this.
Yes for Bitcoin customers, they can easily send their payment immediately, unlike using of Western Union or Bank transfers, recently my family friend encountered this kind of situation, with an emergency he was forced to wait for long time to get delivered his son's money who works abroad but with bitcoin it is made fast enough.
customers using bitcoin as more practical and faster
Not Only that, Bitcoin transaction having very transaction fee when compared to Paypal or Western Union. Need to get approval from bank for transaction So Time consumption is very less. No need pay the handling taxes. So Consumers can use this.
customers using bitcoin as more practical and faster
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