Bitcoin Forum

https://medium.com/@aat.de.kwaasteniet/which-crypto-becomes-the-new-payment-system-69f95b2d2ec3

Many factors are taken in consideration in the article but its conclusion is this :

https://i.imgur.com/h7dOb1o.jpg

All crypto coins have different characteristics, but as far as we've seen it's all valid as long as it allows 'bitcoin'. So we need Bitcoin anyway.

this is just an altcoin advertisement it is not even a valid comparison between then and it definitely has nothing to do with being a "payment system" since most of these factors such as premine has nothing to do with the ability of processing transactions as a payment system is supposed to do. and some rates are just funny like bitcoin having the lowest rate in "wallets" since it has the most number of them in different languages written by different developers groups and being tested and reviewed by thousands of others. while having both light and full wallets that work on every single platform. while most coins that have higher rate doesn't even have a light wallet :D in other words "Wallet usability" my ass LOL

I still don't see any coin that will be able to be used as a payment method for us because all of them are depending on Bitcoin's move.

You do not need any comparative tables to understand that this will be Bitcoin. all other coins are just tools for making money at the moment. payment tool is the only bitcoin

DASH uses a two-layer network, and also does SCC for multi-layer networks.
I have studied DASH. I thought that SCC and DASH would be successful in the long run.

The DASH here is in the first place, and I rarely find people who think DASH has a higher chance of success elsewhere.

in this table, there are such coins that do not even make sense to consider. most of them are still alive only because of money and marketing, but not because of technology

As a payment system it would be better to look at monetha. It is a payment gateway for both ethereum and ethereum based tokens. Importantly monetha is trading on binance so it's a good investment

Every coins can be a payment tool. Each coins has its specific functions and uses. So there's no need to compare that. A coins payment instrument should be determined according to the specific use environment.

This comparison is a joke. You cannot possibly compare bitcoin with these lame coins. I haven't even heard of some of them. The proper way to compare them is using harshrate. Since everyone can copy the source code of bitcoin and proclaim a new coin with "superior characteristics" as payment system, the proper way is to look for the coin with biggest Network HashRate. That's your future payment system.

Surprising that tokens that intend to develop an instant payment system weren't added on the list at all. One that I particularly have in mind is the STK token. Also XRP meant to be that was as they also claimed. There seem no new token in the list which uses the ETH network.

I would say that coins like ripple are the coins that get used for payments since they are a banking coin and the sheer speed of the coin is enough to convince anyone to use them when they are dealing with instant payment. Coins like bitcoin and ethereum are just going to be used as store of value and not as transactional currencies

I really like the DASH coin. The coin is high-tech and is being tested by many companies in the USA. I think DASH has great promise in the coming years.

if a virtual currency becomes a payment system adopted by the masses, it will surely be the bitcoin, flanked perhaps later by ethereum and monero

Somehow I have little faith in what's written here. Dash did not show such good results and they did not have any super-revolutionary innovations. As they are destroyed, these points?

DASH did not show the results we expected. It seems to be moving towards mediocrity. In my opinion, Monero’s potential is higher than Dash, and it is now widely accepted. I dare not say that Monero is the future payment system. But it is really good and has more potential.

If it's just a payment system, XRP shows a strong side, and the XRP team is also very keen to develop XRP sales channels. The passage of Ethereum seems to be very crowded.

I thought bitcoin was not in the list because we know bitcoin is a mother for all cryptocurrency and of course bitcoin have a big chance to becomes the future payment system. But unfortunately, bitcoin itself has a fluctuating of the price, so it depends on the store online if they want to use bitcoin as the payment system. Maybe it's for altcoin that will be the next payment system besides of bitcoin because bitcoin is already used as the payment system itself on some websites.

Because of this, I do not like all these aggregators and journalists. To carry out such an assessment it is necessary to use an expert method in which experts can not influence the opinion of each other and are not subject to the opinion of the environment.

I like to read such articles and in 10 seconds to find out who made them or who financed a month of life of this journalist. In this case, it was the Dash command.

Let's talk about how much merchants are trying to ask ripple as a payment system? coinbase even not interested to list ripple. that centralized coin will only become a banker's coin and no more. if you are expecting something big from there and that's your decision.         

But I'm not sure how they can make Ripple to the third position in the coinmarketcap, seems like they have so many money to manipulate the market.

Bit arbitrary comparison without knowing the background behind certain ratings. However, I do like these kind of tables  :)

It's an expert assessment, Right? I thought after the hype by selling the ratings on the branch will not be this type of analysis, at least on this forum. There they bought, here I think they were just influenced.

Questionable table, especially for some positions. Bitcoin in the first place will be the main means of payment,  it is now dollars.

Depends on payment for what. If it is for regular day to day stuff like buying groceries or paying a taxi cab fare bitcoin has a bigger chance to become the future of payment systems. If it is about gaming or about blockchain needs than ethereum has a chance to become the future of that payment systems. If it is about sending money from A to B and making it cheap and fast than Ripple will be the future payment system of that.

Hence, as you can see all of the big coins have their own stuff that they are good on, it doesn't matter which one is bigger or which one is smaller but all of them have their place in the world. Adoption can vary from one sector to another and thats why we have many new coins, they are trying to be THE currency for the sector they are starting out on and promising to get market share of.

crypto for future payment systems? I think stable coin can be a future payment because it is more stable. bitcoin, ethereum, or ripple seems impossible because it has high volatility. it is difficult to make the price stable and it will be very detrimental to both parties. stable coins like tether can be a very appropriate payment system.

I do not know how that translates to a payment system. If you had explained the table yourself, it might be better, but with the way it is, I feel there is more reason behind that, than just saying it is a payment system or that it can be. Then, I do not also see ethereum on the list, that would have interest me more. Nonetheless, it is not well convincing and one cannot conclude on that

Each cryptocurrency is unique in it's own way, each has it's advantage and uses. But, most establishments are using bitcoin since it is the most trusted and famous cryptocurrency. In terms of convenience, bitcoin is also the most accessible cryptocurrency among all the cryptocurrency. So, I guess bitcoin will be widely used in the future.

A very interesting article and many factors in favor of a particular cryptocurrency make you think. But I can say that there is one factor that makes Bitcoin the most promising cryptocurrency to accept as a payment system - it is its reputation. Ask any person not related to cryptocurrency and he will tell you that cryptocurrency is Bitcoin. Most people do not know any other cryptocurrency and it is very important in my opinion.

Ripple has potential for this purpose but there are better alternatives. XRP is tested by WU if i remember correctly so it can be used for faster transactions. Blockchain technology is more secure,fast,affordable and more. Ethereum unlikely will be accepted by big bank and it is not efficient as others worldwidely.

How many you would not call coins with their characteristics. The ideal cryptocurrency for making payments is one that has a very fast transaction speed, no transfer fees, and most importantly, very low volatility.
While I do not know any such coins.