Good afternoon everyone,there are a lot of reasons why people would want to adopt bitcoin as a payment option,i will highlight some of the few reasons i can share with-
a) bitcoin being a payment option can help to reduce transaction fees or cost
b) bitcoin being a payment option won't allow your business to be exposed to price volatility
c) bitcoin being a payment option help fuel media coverage and raise brand awareness
d) bitcoin being a payment option helps to empower your customers
e) bitcoin being a payment option provides an opportunity to become an industry leader
f) bitcoin being a payment option helps you to reconnect with past or existing clients
Topic: Why would people want to adopt Bitcoin as a payment option? - page 8. (Read 2154 times)
Because its a good technology that will help everyone to transact easily with each other and can buy anything without leaving your home aside from that the most important part that people like is that bitcoin is decentralized.
Because you can access and use it worldwide. In some countries, Paypal isn't available to use., so it opens the doors to cross borders payments for these countries (e-commerce, services,...). Both buyers and sellers can save money on fees (Fx, Tx,...)
i dont know, but many people said that bitcoin is the future of money system, its not like the old technology like banks and other ssytem, bitcoin and other cryptocurrency are the decentarzlied currency
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 want to adopt bitcoin as a payment option because we all know that it is convenient to every one and it has the advantage of being easy to use, with more people using the same payment and transaction will be easier. Also we should support bitcoin for it to grow more in the market and it's price.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.
Easy to use?
What is easier than swiping a debit or credit card and having that transaction being confirmed in seconds? No my friend, ease of use has never been one of Bitcoin's strengths, because the tx's takes too long to confirm and you have to deal with wallets and passwords and QR codes and what not.. Bitcoin needs a lot of tweaking and fine tuning to be more efficient in "user friendliness" and "ease of use".
Try again.
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 want to adopt bitcoin as a payment option because we all know that it is convenient to every one and it has the advantage of being easy to use, with more people using the same payment and transaction will be easier. Also we should support bitcoin for it to grow more in the market and it's price. 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 many people agree to use bitcoin as their payment option because bitcoin is easy to use, fast and secure payment speed. The use of bitcoin for billing helps the user to hide their identity and personal information. Help them more convenient in the transaction.
The main thing which people check in crypto is the decentralize nature and no transportation cost while it is secure and fast payment method of the present time and people want to adopt bitcoin as payment because it is easy and convenient to every one and thefts in all the past methods were seen to every one so they are not following them but if you tell them about the bitcoin payment method they are easily convinced due to the value and strong chain of bitcoin.
Accepting Bitcoin as a payment option will make Bitcoin use ever more popular in society. This increases the demand for Bitcoin ownership by increasing trade volume. Bitcoin prices are rising, and this is what all investors want.
Bitcoin is what people wanted to put on payment option because there is easy way to transfer a payment without needing a third party. Using bitcoin can make more awareness on the society that it can benefit us not only on payment but also the way that we can used for investment. We have to support bitcoin for it to grow more on the market.
Nowadays, people are used to of more convenient way of paying their transaction. Since Bitcoin comes up and people believe that Paying Bitcoin is more convenient and easy rather than using banking or manually paying bills.
The main reason behind bitcoin payment method is decentralized and it requires few number of steps to send money in any part of the world.In some cases bitcoin payment is cheaper than bank transaction.
The use of various digital devices began to reach the entire world resulting in changes in lifestyle, and especially all simpler financial transactions. fiat digitial transactions only reach local scale because they are hit by regulations, but bitcoin and all crypto currencies can penetrate it and this is a potentially reliable medium, payment options for all businesses in the world will make economic spread even more.
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.
Bitcoin as a payment option is I think more better for a reason that it is less hassle because you don't need to meet any requirements if ever you use it. It is easier to use because not all the places can accept the methods you mentioned above although bitcoin is not yet widely accept but it can be use everywhere and can access easily.
Because some of the bitcoin users do not want to exchange Fiat through the Bank which requires passing through the process of completing the requirements of their personal data, because bitcoin has made it easy for anyone to have it without passing the requirements of their personal data
Bitcoin is good and easy to use.Knowing the fact that a lot of people have.no proper knowledge on what.bitcoin all about.A decentralized currency with a huge value.Like other online transactions with minimal fee to pay.Can be process with other remittance center and establishment.
Precaution is needed to avoid the common problem today the scammers.One of the best and reliable payment option nowadays.
Precaution is needed to avoid the common problem today the scammers.One of the best and reliable payment option nowadays.
Now it is difficult to compare, it is simply given little opportunity.But in the future, bitcoin should help to improve the quality and speed of operations,especially for large transactions.Also,if the buyer of a product or service wants to remain unknown, bitcoin can also help him.I am not talking about the minimum Commission for very large sums.What makes bitcoin a leader in this group of payment systems.
Maybe some people think that it will have a good decision to have Bitcoin in their daily lives to use it as a payment for services and other stuffs. I think that people are more aware of the possibilities that the currency can do to support their lives in many ways, Bitcoin I think will be the next big thing for this generation. I think bitcoin is a better payment than most of the payment methods listed in the article. I noticed that in most cases, most of these payment moethods such as paypal, VISA cards and the other debit/credit cards are not widely accepted in most countries especially the underdeveloped countries since the technology is not well known in those parts of the world. On the other hand, bitcoin can be used in almost every country of world since it is decentralized.
Yes that's right, one of the advantages of bitcoin is being able to be accessed by most countries in the world, so that with the acceptance of bitcoin in almost all the world it will make bitcoin more popular, and in the future I think people will use bitcoin to make transactions in the form real item.
I think bitcoin is a better payment than most of the payment methods listed in the article. I noticed that in most cases, most of these payment moethods such as paypal, VISA cards and the other debit/credit cards are not widely accepted in most countries especially the underdeveloped countries since the technology is not well known in those parts of the world. On the other hand, bitcoin can be used in almost every country of world since it is decentralized.
In my opinion, the main thing is because of the decentralization of bitcoin. Because decentralization ensures, no institution can control it. In addition, fast transactions and very low costs are the advantages that Bitcoin has. For these 3 reasons, I will definitely choose Bitcoin
- no charge back
this is great for merchant protection against all the frauds that take place with traditional payment systems.
this is great for merchant protection against all the frauds that take place with traditional payment systems.
Though your 4 points are enough to describe why bitcoin should use as a payment method. But This chargeback is the best point among all of them. I have been using Paypal, Payoneer where they always take a chargeback. Like Paypal has the worst dispute system, anyone can take back your money, Payoneer has an automatic charge system! These are real disadvantages. But Bitcoin would be a great choice as it is decentralized and people can use it from anywhere. But I think Volatile is the main negative side of bitcoin that can effect on people's mind to use it in their daily life.
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