Topic: Why would people want to adopt Bitcoin as a payment option? - page 7. (Read 2154 times)
We are going to go back to the basic and what Bitcoin's intended use, it is used as a decentralized payment and peer to peer without third party, so this is what some sectors of the society and company want to integrate to their company and groups and we have seen how good and successful it is.
Yes, using bitcoin as a means to make payments is something very good, because Bitcoin has a small fee when you want to send bitcoin to anyone, so with bitcoin payments are very cheap and fast throughout the world. So that people choose bitcoin for payment options.
because bitcoin is a future technology that can be used to pay around the world, for example we are in Indonesia can pay for goods in America without having to change to dollars first. in addition, bitcoin transaction is the safest transaction because it does not require the identity of only a bitcoin address
However, that would buy bitcoins or other electronic currencies you still need to first change your money to dollars, and then change the dollars n cryptocurrency and only then make purchases on the Internet. In my opinion, the situation is getting worse. However, if you earn directly in bitcoins, then you are definitely lucky. But as far as I know there are very few such works now - especially in Indonesia.
because bitcoin is a future technology that can be used to pay around the world, for example we are in Indonesia can pay for goods in America without having to change to dollars first. in addition, bitcoin transaction is the safest transaction because it does not require the identity of only a bitcoin address
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.
The most important thing is perhaps the quality of bitcoin is its anonymity in use. No payment method can guarantee you such anonymity as bitcoin and this is its main advantage. Otherwise, he certainly loses the usual methods of payment, anyway. But again, it's a matter of time.
I certainly would recommend Bitcoin for payment instruments, because it is very efficient, no bank is needed as an intermediary that will automatically reduce transaction costs, besides that in terms of security it is better even though there are still gaps for hackers but if compared with others the chances are smaller, right every thing must have advantages and disadvantages but I can be sure that bitcoin is the right transaction tool that can support our current lifestyle
The advantages of using Bitcoin as a mode of payment enhance it value, listed below are some of the reason why I will prefer it.
1. Banks transaction fee is quite very high, especialy with international transaction, but with BTC it help to reduce transaction fee.
2. I do not need a third party to get involve in transacting with BTC.
3. Bitcoin usually aid quick payment, as it is done through the online platform.
1. Banks transaction fee is quite very high, especialy with international transaction, but with BTC it help to reduce transaction fee.
2. I do not need a third party to get involve in transacting with BTC.
3. Bitcoin usually aid quick payment, as it is done through the online platform.
For me, the most important advantage of cryptocurrency is security. It is very difficult for hackers and scammers to get to your digital wallet. But banks, unfortunately, are robbed very often. Therefore, I am for the use of cryptocurrency.
This doesn't give a big advantage to Bitcoin because banks are insured. If they get robbed they will give you back your money and if they delay you always can sue them. If your Bitcoin gets stolen nobody will be able to help you. It's all over.
I would like to have Bitcoin as a payment option because I like privacy. I don't want the bank or a government agency to know what I'm buying and how much money I have.
You have to consider also that bitcoin is difficult to stole because you have not it in your pocket.
So this is a good solution because reduce the costs.
For me, the most important advantage of cryptocurrency is security. It is very difficult for hackers and scammers to get to your digital wallet. But banks, unfortunately, are robbed very often. Therefore, I am for the use of cryptocurrency.
This doesn't give a big advantage to Bitcoin because banks are insured. If they get robbed they will give you back your money and if they delay you always can sue them. If your Bitcoin gets stolen nobody will be able to help you. It's all over.
I would like to have Bitcoin as a payment option because I like privacy. I don't want the bank or a government agency to know what I'm buying and how much money I have.
bitcoin is new future money and i love bitcoin bcz its decentralized and i use bitcoin as a payment method bcz its so easy to done a payment through bitcoin.in the future bitcoin will get accept as payment method bcz of its advantage.
Bitcoin is a new generation of money. I like his idea of decentralization, as well as the fact that he is focused on the Internet. And I hope that it will be adopted around the world and it will be possible to use only one currency in all countries.
For me, the most important advantage of cryptocurrency is security. It is very difficult for hackers and scammers to get to your digital wallet. But banks, unfortunately, are robbed very often. Therefore, I am for the use of cryptocurrency.
in my opinion, because Bitcoin is fast, safe and efficient, just imagine how quickly we send 1000 Bitcoin or if it is cashed around hundreds of millions of dollars to other people wallet in just 1 to 10 minutes. but to implement this, it still takes a long time, because the government still does not allow Bitcoin to be used as a payment instrument...
We live in the digital age, so the creation of such a currency is a must. This digital form of money is much more convenient than the usual paper money. It is much faster and cheaper.
Being honest with you, I don't think bitcoin will ever be used. I do agree that other cryptocurrencies with more scalable blockchains/transactions speeds will work but these will be a few years off yet. I think blockchain technology appeals more so to platform use for now, and in time will make the transition to payments on a large scale.
People want to use bitcoin as a means of payment because bitcoin provides convenience that is safe and not regulated by third parties, and it is very easy to manage finances.
Such an interesting messages, I get to know a lot of new. Thanks!
The main reason why people should adopt to the use of bitcoin as an option for payment is that, it presents a fast peer to peer system where no third party is needed before the transactions are made. With bitcoin, there are less transaction fees involve and the transaction is fast and secure.
because they know even I am always sure. if bitcoin will be used as a payment like official paper currency. and in addition to adopting Bitcon is very profitable. both for the long term or short term
Knew of the reason that I think set bitcoin apart from other type of payment methods is first its decentralization. That there is no third part involved in your transaction. Another characteristic of bitcoin is its anonymity. I think there is no need to explain that one because you only need common sense to understand that. Also, bitcoin has no or very very few transaction charge that you can transfrler huge amount of money without worrying in the transferring fees you need to pay. Lastly, it is global, you can do transaction to any people anywhere in the globe.
Jump to: