Topic: Why would people want to adopt Bitcoin as a payment option? - page 11. (Read 2154 times)
I think that you don’t need to accept Bitcoin as a Waltha for payment because it is very slow, a huge transaction fee and is not practical in the form of a calculated currency. it is the currency for long-term storage
Why wouldn't people adopt bitcoin mate? Bitcoin is the future.
Well do you think majority of the public thinks about it that way? I don't think so. Even investors are divided on whether btc is a good investment given it's nature and a lot tend to see it negatively. There's not yet much information about the use of btc nowadays. We live in a world where we are bombarded with choices and the same goes for payment methods. We currently have a veriety of different payment methods, like : Credit Cards / Debit Cards / PayPal / Payment processors / Charge cards / Prepaid cards / Phone and mobile payments / Money orders / Online Banking ePayments (OBeP) / Cheque and Crypto currencies.
looking at the wide selection of options on the table, would you be able to motivate people to adopt Bitcoin, over any of the other options?
What sets Bitcoin apart from these other options and how would you differentiate between these payment methods and Bitcoin? What makes Bitcoin better?
Let's discuss.
It is very difficult to change the habits of people in conducting transactions, because most of them already feel comfortable using the payment method using Credit / Debit / PayPal Cards / etc, Bitcoin is a new technology in the banking world and takes a lot of time to socialize payment methods with Bitcoin.looking at the wide selection of options on the table, would you be able to motivate people to adopt Bitcoin, over any of the other options?
What sets Bitcoin apart from these other options and how would you differentiate between these payment methods and Bitcoin? What makes Bitcoin better?
Let's discuss.
Why wouldn't people adopt bitcoin mate? Bitcoin is the future.
Because the transaction between the two parties does not require any third party, there is no need for complicated documents or high costs for transatlantic transactions. Although your partner is halfway around the world, the intersection between the two ends in just 10 minutes, thanks to the deconcentration of the bitcoin.
Great things bitcoin can offer in using it as a payment option is that, bitcoin is decentralized - it can be use by anyone, with no involved third parties; transactions are done privately and each transactions are recorded to blockchain which is very reliable for us; another thing is that it can be used in any country except those countries which are banning cryptos; easy to use and access as long as there is an internet connection and fees are cheaper than any other means of payment.
We live in a world where we are bombarded with choices and the same goes for payment methods. We currently have a veriety of different payment methods, like : Credit Cards / Debit Cards / PayPal / Payment processors / Charge cards / Prepaid cards / Phone and mobile payments / Money orders / Online Banking ePayments (OBeP) / Cheque and Crypto currencies.
looking at the wide selection of options on the table, would you be able to motivate people to adopt Bitcoin, over any of the other options?
What sets Bitcoin apart from these other options and how would you differentiate between these payment methods and Bitcoin? What makes Bitcoin better?
Let's discuss.
Payments in Bitcoin are currently very cheap, the transfer fees are also very cheap so Bitcoin is better than any payment looking at the wide selection of options on the table, would you be able to motivate people to adopt Bitcoin, over any of the other options?
What sets Bitcoin apart from these other options and how would you differentiate between these payment methods and Bitcoin? What makes Bitcoin better?
Let's discuss.
i think because processing time is low plus it is easy to use and most of it because it is unregulated.
We live in a world where we are bombarded with choices and the same goes for payment methods. We currently have a veriety of different payment methods, like : Credit Cards / Debit Cards / PayPal / Payment processors / Charge cards / Prepaid cards / Phone and mobile payments / Money orders / Online Banking ePayments (OBeP) / Cheque and Crypto currencies.
looking at the wide selection of options on the table, would you be able to motivate people to adopt Bitcoin, over any of the other options?
What sets Bitcoin apart from these other options and how would you differentiate between these payment methods and Bitcoin? What makes Bitcoin better?
Let's discuss.
Bitcoin is very usable for a faster transactions,those places that already have alot of bitcoin merchants might prefer to use bitcoin as a mode of payment,but the thing that bitcoin might set apart from other payment methods are the votality of cryptocurrencies.Anytime its value would rise or fall depending on the market situation.Its always a positive move when its value rise up and for other people theres a negative impact when bullish market will occur that might cause everyone to panic. looking at the wide selection of options on the table, would you be able to motivate people to adopt Bitcoin, over any of the other options?
What sets Bitcoin apart from these other options and how would you differentiate between these payment methods and Bitcoin? What makes Bitcoin better?
Let's discuss.
I have come to the understanding that most people would go for any model of payment that would make life easy .
Bitcoin as a payment model is very easy, flexible,more transparent, convenient etc.
So why wouldn't anyone want to adopt it as a means of payment.
Bitcoin as a payment model is very easy, flexible,more transparent, convenient etc.
So why wouldn't anyone want to adopt it as a means of payment.
The first thing to say is that because of the decentralization, there is no third party interfering in the bitcoin deal, that is, we can bypass the paperwork from the middleman, and we will save cost, time that transaction time is much faster
We live in a world where we are bombarded with choices and the same goes for payment methods. We currently have a veriety of different payment methods, like : Credit Cards / Debit Cards / PayPal / Payment processors / Charge cards / Prepaid cards / Phone and mobile payments / Money orders / Online Banking ePayments (OBeP) / Cheque and Crypto currencies.
looking at the wide selection of options on the table, would you be able to motivate people to adopt Bitcoin, over any of the other options?
What sets Bitcoin apart from these other options and how would you differentiate between these payment methods and Bitcoin? What makes Bitcoin better?
Let's discuss.
looking at the wide selection of options on the table, would you be able to motivate people to adopt Bitcoin, over any of the other options?
What sets Bitcoin apart from these other options and how would you differentiate between these payment methods and Bitcoin? What makes Bitcoin better?
Let's discuss.
people want to be the bitcoin become payment method because this a fastest way of transaction and no third party involve. but i think if this is a primary use for at all time I think it will create like a debit card for quick swipe during they will make purchase or traveling anywhere and also in restaurant and hotel. that's also the thing that bitcoin make a convenient service to every people.
bitcoin is very good for adoption, and the way to deal is quite easy
We live in a world where we are bombarded with choices and the same goes for payment methods. We currently have a veriety of different payment methods, like : Credit Cards / Debit Cards / PayPal / Payment processors / Charge cards / Prepaid cards / Phone and mobile payments / Money orders / Online Banking ePayments (OBeP) / Cheque and Crypto currencies.
looking at the wide selection of options on the table, would you be able to motivate people to adopt Bitcoin, over any of the other options?
What sets Bitcoin apart from these other options and how would you differentiate between these payment methods and Bitcoin? What makes Bitcoin better?
Let's discuss.
People still use these payment methods as a habit. It has the advantage of being easy to use, with more people using the same payment and transaction will be easier.looking at the wide selection of options on the table, would you be able to motivate people to adopt Bitcoin, over any of the other options?
What sets Bitcoin apart from these other options and how would you differentiate between these payment methods and Bitcoin? What makes Bitcoin better?
Let's discuss.
Bitcoin is better because it is a great value currency, in addition its trading methods have the necessary advantages compared to the remaining trading methods such as tax, decentralization, anonymity.
I agree with your statements because we loves to be given a lot options for payment to choose from instead of given just 1 option. As why Bitcoin should be adopted because it enable the owner itself to have ownership of their own wealth without having third parties involved.
People use bitcoin as a payment method because it is transparent, fast and can be used everywhere. The increasing use of bitcoin will eventually make it a global currency in the future.
Looking at all the payment methods such as paypal and credit cards, the blockchain based cryptocurrrency which is BTC has proven beyond doubt to be the best concerning how transactions are made and also low charges and security matters.
People want to adopt it because they can transfer it without any hassle and very convenient which do not need third party to do it for them. It is secure transaction between two persons. No one do not want to have easier way of payment which have lower fee to can do anytime where ever you are. Peoples are ready to adopt new technology so all the peoples are accepting the Bitcoin. But reality it is not a centralised platform so government should not accepting the legalisation. May be all the government are expecting some regulation in Bitcoin then it it will accepting in entire world.
People with Bitcoin or investors would really wanted an easy access to any transaction, since the entry of Crypto Currency Digital Transaction in the market with the million now an active or actively transacting business using Bitcoin as form of payment had open the Government eyes on the new form of Digital Crypto Currency in the market, those calling the financial expert on the issue on How to Regulate Bitcoin, the European country open the door for crypto market, i am optimistic that once the issue on Regulation was address it would be more favorable and easy to the Bitcoin holder to transact business globally. Bitcoin is now being considered as Digital Currency in the market.
The first and foremost reason is bitcoin is decentralized and it has less cost compare to other payment method.One important reason is it is peer to peer and global network means you can send any time anywhere in this world.
Base on your question above. For me in my own opinion it's because bitcoin is so easy to use and very useful especially buying items through online , and because bitcoin nowadays can be used as well to pay bills, such electricity, load and etc . Wherein no need to go outside and travel just to pay those things. That's why some people now want to adopt bitcoin as a payment method.
Now people have loved the decentralized system of the blochchain technology where your activities are not monitored and also full of security and fast transactions.
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