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Topic: Will cryptocurrencies be able to use for payment? - page 27. (Read 17466 times)

sr. member
Activity: 1092
Merit: 269
for my country no one has used crypto for payment instruments. because the government certainly hasn't agreed to crypto circulating at any time. so I can only see the condition and condition of the crypto in the future.
jr. member
Activity: 196
Merit: 1
I think that with the advent of proper regulation, cryptocurrencies will become a means of payment. In my opinion, it will be as convenient as using Apple Pay or Google Pay and most likely the first cryptocurrency to make such payments will be BTC or XRP.
Well bitcoin for payment I highly doubt you are going to wait around the cash register for about 15-20 minutes to come confirmation ? I think no, by this I think there will be more other coins to pay!
member
Activity: 574
Merit: 10
I see bitcoin as a substitute for gold. But for shopping you can come up altogether differently. What we have now does not mean that it will always be like this. For example, let the automobile industry have its own coin, for buying products and other things, another coin. With different amounts. This sounds funny for now, but as a model I see it.
B.
copper member
Activity: 238
Merit: 10
Of course you can, because all types of crypto can be transferred from one wallet to another, but it depends on the agreement of several parties, if someone accepts cryptocurrency as payment, then all transactions are considered valid even if they are equally desirable then it can become a tool for legitimate payments and I hope that there will be many who want to receive crypto as a payment so that more people will use crypto and the intensity of its use will be even higher
member
Activity: 378
Merit: 13
Lots of blockchain team have developed blockchain and cryptocurrency for payment.

Will cryptocurrencies be able to use for payment?

Will it be useful and convenience?

Which coin do you think the best for payment in the near future?

Reading these I think you need a lot of research activities because crypto currency has already been used as a medium of payment for series of websites

From purchasing porn views to paying for tickets and settling tax
To paying for vpn or for bet purposes

It’s used for payment already
jr. member
Activity: 378
Merit: 2
I think the OP might be  talking about using it to pay for deals that are done offline, which in my opinion and with what i have seen, it is happening.
In my own country, some traders or merchants, use theirs for making purchases from another country.
This helps them a lot to boycott taxes, meaning tax evasion, that can be deducted when transferring fiat.
copper member
Activity: 168
Merit: 0
EndChain - Complete Logistical Solution
Currently, cryptocurrency is used as a means to pay for certain goods and services. I think crypto is the future of the payment system of the world to make it more comfortable for people. For me, the best coin is bitcoin.
jr. member
Activity: 229
Merit: 3
EndChain - Complete Logistical Solution
But cryptocurrencies already are used for payments. Some of them at least, Bitcoin is used more and more and mass adoption must be coming, more people use crypto every day. I do not think crypto is only a phase or trend, it is here to stay.
full member
Activity: 780
Merit: 101
I think that with the advent of proper regulation, cryptocurrencies will become a means of payment. In my opinion, it will be as convenient as using Apple Pay or Google Pay and most likely the first cryptocurrency to make such payments will be BTC or XRP.
jr. member
Activity: 518
Merit: 1
Lots of blockchain team have developed blockchain and cryptocurrency for payment.

Will cryptocurrencies be able to use for payment?

Will it be useful and convenience?

Which coin do you think the best for payment in the near future?
Well, bitcoin for payment is unlikely to be used since waiting for a transaction for 15 minutes is not the best solution , I think some altcoins can come to replace, for example Ethereum is a lot of where they use now
donator
Activity: 406
Merit: 252
Study the past, if you would divine the future.
I already use it to pay a lot of my current bills, I even get discounts when you pay in crypto. I say first see which services you use that accept crypto and will give a discount for it, I'm sure you can find many that do. My dream would be that one day people stop paying attention to the price and really use coins in their daily life.
member
Activity: 602
Merit: 10
Dont need to wait until the technology becomes convenient. I think the key is as long as the second party accepts payment with bitcoin so you can use bitcoin to pay, just that easily? but to be used publicly, it certainly takes a long process. because many people outside still don't know about bitcoin..

Even if everyone knows what bitcoin is and how it works, there will be a huge gap in usability, transfer will be too long, payment will require certain skills, ordinary people simply will not have that interest.
today, many sites or online stores still decided to use Bitcoin as a means of payment. Of course For us it is very convenient, but there are certain nuances for the businessmen themselves, who have to rally taxes to their state.
sr. member
Activity: 1610
Merit: 372
Dont need to wait until the technology becomes convenient. I think the key is as long as the second party accepts payment with bitcoin so you can use bitcoin to pay, just that easily? but to be used publicly, it certainly takes a long process. because many people outside still don't know about bitcoin..

Even if everyone knows what bitcoin is and how it works, there will be a huge gap in usability, transfer will be too long, payment will require certain skills, ordinary people simply will not have that interest.
jr. member
Activity: 322
Merit: 2
Lots of blockchain team have developed blockchain and cryptocurrency for payment.

Will cryptocurrencies be able to use for payment?

Will it be useful and convenience?

Which coin do you think the best for payment in the near future?
Cryptocurrency has not yet been fully developed to the point of been used for payments. But now, some countries such as Japan are opening up opportunities for retail payment with cryptocurrency.
full member
Activity: 560
Merit: 100
the main function of crypto is indeed to be used as a payment tool. and what kind of coin is suitable, I think coins with a stable coin concept are better for payment.

the reason is that stable coins are able to withstand high volatility in the crypto market. and supported by real assets, fiat money. and only need a little attention from the government so that crypto can be legalized. thus crypto can be used for legitimate payment instruments.
It would be nice if Bitcoin could be used as a means of payment in all spheres of human activity. This, in turn, would simplify the situation for cryptocurrency users, having a positive effect on the entire cryptocurrency market.
full member
Activity: 821
Merit: 100
Volare.network
the main function of crypto is indeed to be used as a payment tool. and what kind of coin is suitable, I think coins with a stable coin concept are better for payment.

the reason is that stable coins are able to withstand high volatility in the crypto market. and supported by real assets, fiat money. and only need a little attention from the government so that crypto can be legalized. thus crypto can be used for legitimate payment instruments.
member
Activity: 560
Merit: 10
Of course it can! I'll tell you more, many already use the cryptocurrency to pay their bills, and some are buying coffee and pizza for it!)
sr. member
Activity: 798
Merit: 258
Lots of blockchain team have developed blockchain and cryptocurrency for payment.

Will cryptocurrencies be able to use for payment?

Will it be useful and convenience?

Which coin do you think the best for payment in the near future?

Yes, it is very much possible that most of the crypto currency nowadays are being used for online payment in different countries dude. Just like Pundix in Taiwan as far as I know in this country some of the merchants are accepting this as mode of payment which is pundix, aside from this ethereum, xrp, bch, Nem and more are being used too as mode of payment.
full member
Activity: 938
Merit: 102
Really don't get your question correctly though. One of the reason why there is blockchain technology is because of making it easier for payments. I pay my bills without getting outside because I can just pay it with crypto.
sr. member
Activity: 1302
Merit: 250
Well, it could be that cryptocurrency will be a payment tool in a shopping or other payment, I'm sure this blockchain will continue to grow and increase in the future, even now payments have already been made.
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