Will cryptocurrency soon be an alternate payment option? - page 2.

milani

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Quote from: growthincrypto on June 28, 2019, 04:56:41 AM

Just a month ago, giants like Starbucks, Nordstrom, Whole Foods, and AT&T announced that they accept cryptocurrency as a payment option.
With the popularity that cryptocurrency is growing there is no doubt that it will soon be among other payment methods. Especially for the international payments, with its ridiculously low fee and time taken for inter-border transfers it is surely the favorite among the traders.
Also, with giants accepting it as a payment option there is no other need to prove its authenticity.

Do you own any cryptocurrency yet?

Oh, I must admit you are very optimistic))))) of course I believe in the brightest future of crypto, but I am afraid that mass adoption will not come very soon. Of course there are services that already try to use crypto for payments and so on. I even saw on the clothing market market in my city such a nameplate - "you may pay in crypto")))) it was really funny to see something like that there in that place)))) but still fees for transactions and lots of nuances hold people back from using crypto in ordinary life...of course I have some assets in crypto and believe that some day this will be the means like may be some other money...the question is that it is more likely that it will not happen very soon...

agentx44

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Quote from: growthincrypto on June 28, 2019, 04:56:41 AM

Just a month ago, giants like Starbucks, Nordstrom, Whole Foods, and AT&T announced that they accept cryptocurrency as a payment option.
With the popularity that cryptocurrency is growing there is no doubt that it will soon be among other payment methods. Especially for the international payments, with its ridiculously low fee and time taken for inter-border transfers it is surely the favorite among the traders.
Also, with giants accepting it as a payment option there is no other need to prove its authenticity.

Do you own any cryptocurrency yet?

Well, everyone has been talking about cryptocurrency being the future money that everyone will be using all over the world so there's a possibility that it might occur someday. Large companies are already collaborating with the use of it which can indicate that it is very near. Take your investment as something that makes you ready if ever that happens and not just a normal investment which is the goal is to make money out of it. The world is changing and advancing so it would be better if you are set ready for the changes that may happen in the future.

panganib999

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Quote from: growthincrypto on June 28, 2019, 04:56:41 AM

Just a month ago, giants like Starbucks, Nordstrom, Whole Foods, and AT&T announced that they accept cryptocurrency as a payment option.
With the popularity that cryptocurrency is growing there is no doubt that it will soon be among other payment methods. Especially for the international payments, with its ridiculously low fee and time taken for inter-border transfers it is surely the favorite among the traders.
Also, with giants accepting it as a payment option there is no other need to prove its authenticity.

Do you own any cryptocurrency yet?

Cryptocurrency's adoption is now being enormously done it is not surprising because cryptocurrency is really very advantageous and convenient to use especially for people whose schedule is really hectic. The acceptance of the society with bitcoin being a payment method have been seen in various institutions and businesses, not only in the giants like starbucks, Nordstrom and everything mentioned above, but also in small scale businesses like small tech store. Even in developing countries like Philippines,, cryptocurrency is widely accepted as payment option. All in all, cryptocyrrency has a high possibility of being a payment option cause at this moment it's actually alternative, but it can't still replace fiat.

Memminger

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Quote from: Rajbir1994 on November 10, 2019, 11:53:26 AM

As far as I know some of the countries already started taking payment in Bitcoin. So, obviously there is a trend of using cryptocurrencies as an alternative method of traditional payment. I think this article will clear all of our notion that most of countries started taking payment in bitcoin https://all-stocks.net/australias-origin-kebabs-enables-crypto-payments-in-talks-with-coca-cola-to-boost-credibility-of-cryptocurrency/

There is a country who legalize Bitcoin already and it is Japan and is adapted massively as another mode of payment and you can even pay an airline ticket there through Bitcoin. Also, in our country you can pay for your electric bills, water, loans and other bills with either your fiat, Bitcoin or any other cryptocurrencies that are available.

Rajbir1994

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As far as I know some of the countries already started taking payment in Bitcoin. So, obviously there is a trend of using cryptocurrencies as an alternative method of traditional payment. I think this article will clear all of our notion that most of countries started taking payment in bitcoin https://all-stocks.net/australias-origin-kebabs-enables-crypto-payments-in-talks-with-coca-cola-to-boost-credibility-of-cryptocurrency/

bitzizzix

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It is very likely that cryptocurrency will be an alternative payment but only as an alternative and not completely replace fiat currencies, and maybe in the future there will be many shops or sellers that provide payments using cryptocurrency and fiat currencies too.
cryptocurrency especially bitcoin will be more effective as an alternative to gold. It is a store of value, a store of speculative value, like gold.

djsugar

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Crytpocurrency will definitely be a future alternate payment option. But I doubt decentralized currencies would be given that much freedom. Every country and bank are expected to come up with their domestic cryptocurrency which will be centralized and central bank will have control over that. That would be accepted as a legal tender. Decentralized currencies may exist with them but they will be heavily regulated or banned in some countries.

Kambal2000

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Quote from: DrKenobi on November 09, 2019, 06:25:16 PM

Cryptocurrency is rather a work in progress,of course its development and adoption is at the early stages,but give it time,it looks promising and projects itself as an alternative payment option.

Its main purpose at the moment is to make an alternative to payment especially if you don't have cash on hand, but for now, what's happening is they are not spending it as crypto has the potential for the price to rise so they are treating it as investment instead of spending.

DrKenobi

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Cryptocurrency is rather a work in progress,of course its development and adoption is at the early stages,but give it time,it looks promising and projects itself as an alternative payment option.

salty

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Quote from: growthincrypto on June 28, 2019, 04:56:41 AM

Just a month ago, giants like Starbucks, Nordstrom, Whole Foods, and AT&T announced that they accept cryptocurrency as a payment option.
With the popularity that cryptocurrency is growing there is no doubt that it will soon be among other payment methods. Especially for the international payments, with its ridiculously low fee and time taken for inter-border transfers it is surely the favorite among the traders.
Also, with giants accepting it as a payment option there is no other need to prove its authenticity.

Do you own any cryptocurrency yet?

Yes, I am also very pleased with the fact that many countries are thinking about creating their own digital money.This will create a powerful incentive for new investments in different industries.That's cool!

zalixo

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Quote from: growthincrypto on June 28, 2019, 04:56:41 AM

Just a month ago, giants like Starbucks, Nordstrom, Whole Foods, and AT&T announced that they accept cryptocurrency as a payment option.
With the popularity that cryptocurrency is growing there is no doubt that it will soon be among other payment methods. Especially for the international payments, with its ridiculously low fee and time taken for inter-border transfers it is surely the favorite among the traders.
Also, with giants accepting it as a payment option there is no other need to prove its authenticity.

Do you own any cryptocurrency yet?

Cryptocurrency has already be considered as an alternative payment option, though its acceptance has not be wide adopted, but it will definitely get there.

Rome was not built in a day

omfg.xekcep

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Quote from: growthincrypto on June 28, 2019, 04:56:41 AM

Just a month ago, giants like Starbucks, Nordstrom, Whole Foods, and AT&T announced that they accept cryptocurrency as a payment option.
With the popularity that cryptocurrency is growing there is no doubt that it will soon be among other payment methods. Especially for the international payments, with its ridiculously low fee and time taken for inter-border transfers it is surely the favorite among the traders.
Also, with giants accepting it as a payment option there is no other need to prove its authenticity.

Do you own any cryptocurrency yet?

Why not? May be somebody says "Nope, is is impossible to imagine that I will to pay in a store, on a gas station or even in a village by using cryptocurrencies" but I admit that it is possible. Anyway I am realist I know that there are a lot of unsolved problems. The fact is that crypto technologies outpace the current society state. What does it mean? It means that crypto technologies will come to our usual life just in time when we are ready.

bitzizzix

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Quote from: Bim abk on November 06, 2019, 10:56:43 AM

Quote from: deviant99 on November 06, 2019, 10:02:37 AM

It is possible use it as an alternate payment option the future is shaped by a mobile device or a computer and it is a solution for fast and easy online and offline payments.

yes it might happen because of the increasingly rapid digital development in this world. Alternative payment using crypto is now widely done but can not be spread throughout the world, maybe if developments in crypto are increasingly rapid crypto can be an alternative payment in many sectors

What you are talking about is that cryptocurrency really aims to be used as an alternative payment option in the future, and now many are making cryptocurrency as an alternative payment option but it has not been spread evenly throughout the world.
but slowly it will happen because cryptocurrency is not widely known by the community equally, especially in remote areas.

Gotumoot

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To all who ask how Starbucks, Nordstrom, Whole Foods, and AT&T will deal with the volitile market of bitcoin this is the answer!

Quote

To counter this, Flexa has partnered with New York-based cryptocurrency exchange Gemini so that payments can be made using a so-called stablecoin pegged to the US dollar

bitcampaign

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Quote from: growthincrypto on June 28, 2019, 04:56:41 AM

Just a month ago, giants like Starbucks, Nordstrom, Whole Foods, and AT&T announced that they accept cryptocurrency as a payment option.
With the popularity that cryptocurrency is growing there is no doubt that it will soon be among other payment methods. Especially for the international payments, with its ridiculously low fee and time taken for inter-border transfers it is surely the favorite among the traders.
Also, with giants accepting it as a payment option there is no other need to prove its authenticity.

Do you own any cryptocurrency yet?

I think almost in this forum about 90% or 98% have crypto currencies, usually around a few other percent only make FUD about bitcoin, so why do many start using crypto as payment tools, I also feel that bitcoin payments will also make it it's easier for people to make transactions without third parties around the world and can be exchanged for currencies from any country, so it becomes a single digital currency that works for all countries, sounds weird but cool

Kunnu

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Definitely yes, I trust cryptocurrency and I also understand its potentials and possibilities. From the last couple of years the popularity graph of cryptocurrency is increasing now people are taking interest in cryptocurrency and trying to find out its positive and profitable use that's why mostly crypto lovers are holding Bitcoin and some major altcoins in their portfolio because they know that there are many benefits and advantages ahead with crypto.

carriebee

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Actually many merchandise are using digital payment method and one is the bitcoin. Some restaurants, coffee stores are allowing to pay bitcoin as payment. So I think nothing is wrong if someday cryptocurrency will be alternative payment option it will be convinient and no hassle to everybody especially if you forgot your wallet. The technology is growing and cryptocurrency too so it's not impossible to happen.

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Quote from: Shasha80 on November 06, 2019, 06:13:26 PM

Of course cryptocurrency will soon be an alternative payment option. Starting from the mass adoption of bitcoin around the world,
like many countries have bitcoin ATMs, some large companies accept payments with bitcoin and up with UNICEF institutions accepting
donations with bitcoin. This is clearly remarkable progress in the world of cryptocurrency especially for 10-year-old bitcoin which can
now be an alternative payment option. I hope in the future companies are increasingly accepting payments with cryptocurrency, especially
I expect a large marketplace in the world can accept payments with cryptocurrency.

Bitcoin become alternative payment for the future if keep safety for people use bitcoin as legal currency payment, if always have hack cases with bitcoin exchange account many countries not give access for legal using bitcoin and become alternative payment with bitcoin is gone, right now we need support how to make bitcoin really become legal currency with higher safety for bitcoin investors.

Shasha80

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Of course cryptocurrency will soon be an alternative payment option. Starting from the mass adoption of bitcoin around the world,
like many countries have bitcoin ATMs, some large companies accept payments with bitcoin and up with UNICEF institutions accepting
donations with bitcoin. This is clearly remarkable progress in the world of cryptocurrency especially for 10-year-old bitcoin which can
now be an alternative payment option. I hope in the future companies are increasingly accepting payments with cryptocurrency, especially
I expect a large marketplace in the world can accept payments with cryptocurrency.

DatKing

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Every day, the number of places that people can use Bitcoin as a payment method continues to increase. Bitcoin is closing down to the point that it will be a certain alternate payment option day by day.

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