Will cryptocurrencies be able to use for payment? - page 28.

Anyobsss

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Quote from: coin123456 on January 24, 2019, 11:26:32 PM

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?

isn't the purpose of crypto currencies are online payment? We're already using to buy things and pay fees online.

Isn't it very useful and convenient to send money and but things online without leaving your home?

You're question can be answered through google search. You must be new.

FontSeli

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Quote from: coin123456 on January 24, 2019, 11:26:32 PM

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?

Already, many cryptocurrencies are used for payment. Payments are made both between people and between people and legal entities (shops, cafes and barbershop and others).
At the moment, the fastest cryptocurrency to pay is Ripple.
I recommend trying to pay for something using this coin. The speed is impressive.

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Quote from: poktur on January 25, 2019, 08:32:32 AM

It seems to me that it is still very early to use cryptocurrency as a means of payment, technologically it is not yet very convenient, especially as long as the cryptocurrency is pegged to the dollar, it will be good when the crypt has its value!

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..

Jamjamz30

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Quote from: thunderbitz2717 on January 25, 2019, 12:09:03 PM

The rewards from bounty campaigns are cryptocurrencies. These rewards are payments already. So, they are already been used for payments. But, if you're thinking of payment like in purchasing something, yes it is already been used also. There are stores that accept bitcoin. On the contrary, why cryptocurrency hasn't been gone mainstream. The answer is stability. Cryptocurrency is very volatile.

You're right here. When I received my first payment in cryptocurrency by joining a bounty campaign, I felt like this is a full time job that offers nice payment. So this is a proof that cryptocurrency is use for payment. The future of cryptocurrency to go mainstream adoption is very bright. Once a cryptocurrency go mainstream, it would be the start that cryptocurrency will be use widely for payments.

Teacherman

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Yes, they must be stable and the blockchain operations must be fast. Fast are, for example, Bitcore BTX or TPAY TokenPay. Transactions within three seconds. And designed for payment transactions. But they are very volatile, which contrasts with practicality.

anggi

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well, most people today use crypto as one of the most profitable payment tools. well, this continues to grow on the internet. this is also a pretty good payment tool at the moment. well, but I think, many people think that this is an investment tool.

thunderbitz2717

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The rewards from bounty campaigns are cryptocurrencies. These rewards are payments already. So, they are already been used for payments. But, if you're thinking of payment like in purchasing something, yes it is already been used also. There are stores that accept bitcoin. On the contrary, why cryptocurrency hasn't been gone mainstream. The answer is stability. Cryptocurrency is very volatile.

kingpin4321

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Yes as of now cryptocurrency is actually used as a good medium of payment. In my place of work you have the option to choose if you would prefer your payment in cryptocurrency

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Quote from: tabas on January 25, 2019, 07:42:47 AM

Quote from: nreal on January 25, 2019, 07:18:00 AM

Projects need time to perfect products, some countries are also very open to cryptocurrency. I believe cryptocurrency will be paid application in the near future.

We don't have to wait for the future just to see the real application of cryptocurrencies with payment. You can pay, eth, bitcoin, litecoin and other acceptable cryptocurrencies when you gamble.
And some merchants does have preferred payment for their products. Application is on the process and it's verified that cryptocurrencies are good for payments.

Yes we're seeing some applications now but i doubt it'll transition to mass adoption soon. As with what a lot of people are saying, crypto is just too unstable/ volatile to be used as a steady payment method. People would rather wait for bitcoin to move up in price instead of using it to pay for something.

poktur

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It seems to me that it is still very early to use cryptocurrency as a means of payment, technologically it is not yet very convenient, especially as long as the cryptocurrency is pegged to the dollar, it will be good when the crypt has its value!

raden1922

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Cryptocurrency should be a payment tool and become a transaction tool like money. Of course you already know the function and purpose. Crypto users will feel more comfortable, cost-effective and efficient. For me so far bitcoin remains the best and very popular choice. If we are aware of the progress of digital technology that is increasingly global, we should believe that cryptocurrency will be revolutionary. It's only a matter of time and needs a process to develop. Do not hesitate..

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in my country there are already several bitcoin ATMs, this is very useful because it can be used for withdrawal and payment of goods via crypto and some real or online stores have started to accept it, even I have friends who plan to open an online business with crypto payments.

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Quote from: nreal on January 25, 2019, 07:18:00 AM

Projects need time to perfect products, some countries are also very open to cryptocurrency. I believe cryptocurrency will be paid application in the near future.

We don't have to wait for the future just to see the real application of cryptocurrencies with payment. You can pay, eth, bitcoin, litecoin and other acceptable cryptocurrencies when you gamble.
And some merchants does have preferred payment for their products. Application is on the process and it's verified that cryptocurrencies are good for payments.

bitcoindusts

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Quote from: coin123456 on January 24, 2019, 11:26:32 PM

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, that was the main reason why Bitcoin or Cryptocurrency was created. To be an alternative mode of payment to.all transactions and it is already happening right now. The usefulness and convenient is the one they are working right now. Transactions were really fast and convenient. You don't need to carry anything except your mobile phone to pay for your transactions or a crypto debit card. Bitcoin is still the best.

Red-Apple

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it is called crypto-"currency" so you are answering your own question by knowing the name already. in other words they "can" be used as payment but 99% of them will never be used for payment because nobody wants to use them as long as other better options with a much better security like bitcoin exist.

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Projects need time to perfect products, some countries are also very open to cryptocurrency. I believe cryptocurrency will be paid application in the near future.

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Satoshi did a very great job in the design of Bitcoin which for me is the only coin in the space with potential to serve this purpose effectively but the use of BTC as a store of value could have effect on its use as a payment tool in future that is why we need more economist to enter the space and help with the design of Crytocurrencies because 99% of what we have in the space now are just a carbon-copy of BTC design and not improvement on what we have.

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Quote from: coin123456 on January 24, 2019, 11:26:32 PM

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?

Of course cryptocurrencies could be used for payment - and they already are used for it.

It is all about transaction fees and scaling when it comes to retail transactions, it seems that coins like Bitcoin Cash excels at it.

ivaf

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Quote from: coin123456 on January 24, 2019, 11:26:32 PM

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?

Cryptocurrencies are already used for payment. Of course, not directly, but through special gateways. Look, for example, at TenX Pay or PundiX projects - these are already working payment cards.
And what kind of cryptocurrency you use for payment - you choose yourself in the settings of the corresponding applications.
I think that the possibility of mass application of such decisions is only a matter of time. Of course, this will apply.

LUGHUL

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Of course cryptocurrency can be used as payment. Because the main function of cryptocurrency is as a means of payment. Cryptocurrency is even better than fiat currency, cryptocurrency is more efficient, instant payment, and transparent. And for me the best coin is Ethereum.

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