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Bitcoin => Bitcoin Discussion => Topic started by: Ronaldo Vu on April 19, 2018, 02:56:13 PM



Title: Is bitcoin a better payment system?
Post by: Ronaldo Vu on April 19, 2018, 02:56:13 PM
The answer is that it often is not, at least for most people, most of the time. Eventually it will be the best payment system, but it needs to develop further, gain more adoption, and get over the scaling obstacles. Even so, Bitcoin is already the best payment system for certain use-cases, such as sending money across borders, or receiving money from someone you don't trust (which helps further in cross-border transactions).


Title: Re: Is bitcoin a better payment system?
Post by: Bodik1710 on April 19, 2018, 02:59:40 PM
Better then real money? Of course yes.But the best in all cryptocurrency ? No.I think that better payment system is eth.


Title: Re: Is bitcoin a better payment system?
Post by: Veterock on April 19, 2018, 04:36:13 PM
Bitcoin is the best payment system? Of course not! With such a low transaction processing speed, this can not be.


Title: Re: Is bitcoin a better payment system?
Post by: Ayaancool on April 19, 2018, 04:42:51 PM
The current affairs says bitcoin is not a best payment system it have to improve in this area. I'm aggring its one of the top crypto but to make safe in this crypto field innovate bitcoin and its features is an important issue now. As per the results I could feel that etherium is the best in payment system.


Title: Re: Is bitcoin a better payment system?
Post by: mk4 on April 19, 2018, 04:55:43 PM
Definitely one of the worst payment systems(as of now at least, without the lightning network). But it's one of the best currencies and store of value due to it's pseudo-anonymity, decentralization, and due to it requiring no KYC whatsoever.


Title: Re: Is bitcoin a better payment system?
Post by: sisjow on April 19, 2018, 05:02:33 PM
bitcoin transaction has advantages and disadvantages. for example, sometimes bitcoin transaction takes a lot of time even for a high fee, that obvious disadvantage for bitcoin, but it is still can be developed. for me, i really enjoy use bitcoin because i think bitcoin is easy to use it, especially for international transaction.


Title: Re: Is bitcoin a better payment system?
Post by: tabas on April 19, 2018, 05:05:45 PM
Let's all wait for lightning network and for sure bitcoin's going to be the best payment system of all or if most are using Segwit wallets, everyone would agree that it is.


Title: Re: Is bitcoin a better payment system?
Post by: WaffleMaster on April 19, 2018, 05:31:55 PM
The answer is that it often is not, at least for most people, most of the time. Eventually it will be the best payment system, but it needs to develop further, gain more adoption, and get over the scaling obstacles. Even so, Bitcoin is already the best payment system for certain use-cases, such as sending money across borders, or receiving money from someone you don't trust (which helps further in cross-border transactions).
Being trustless is nice, but how would I go about buying an online item if I can't trust that it won't arrive broken and that I can never get my money back? So then there will always have to be employees from whatever website to be able to handle claims and escrow reliably...which means if they go against you, you don't really have an option to go to a bank to get your money back (not that a bank is even helpful with that either).


Title: Re: Is bitcoin a better payment system?
Post by: ss890 on April 19, 2018, 05:37:20 PM
The answer is that it often is not, at least for most people, most of the time. Eventually it will be the best payment system, but it needs to develop further, gain more adoption, and get over the scaling obstacles. Even so, Bitcoin is already the best payment system for certain use-cases, such as sending money across borders, or receiving money from someone you don't trust (which helps further in cross-border transactions).

To be honest im okay with whatever system we have got. I mean it is all right with me if I gotta stay a little longer to receive and send the payment. Which is even not much longer these days and just gets confirmed with ~10-30 min window and that is all right if bitcoin has got to offer so much valuable price tag for us. I mean we also earn at alarming rate from it and there is no worrying thing if we have to wait while we are transacting it. The developments will always take place in the bitcoin and other coins too but its all about the time. What we can do right now is to keep the hopes in it and keep pushing this tech ahead of the time as it has always been.


Title: Re: Is bitcoin a better payment system?
Post by: dothebeats on April 19, 2018, 05:40:26 PM
The answer is that it often is not, at least for most people, most of the time. Eventually it will be the best payment system, but it needs to develop further, gain more adoption, and get over the scaling obstacles. Even so, Bitcoin is already the best payment system for certain use-cases, such as sending money across borders, or receiving money from someone you don't trust (which helps further in cross-border transactions).
Being trustless is nice, but how would I go about buying an online item if I can't trust that it won't arrive broken and that I can never get my money back? So then there will always have to be employees from whatever website to be able to handle claims and escrow reliably...which means if they go against you, you don't really have an option to go to a bank to get your money back (not that a bank is even helpful with that either).

It's simple, like what you do with online shopping, you don't blindly buy an item to an online store that hasn't got any reviews. It's nice that you have money-back protection and all that stuff when you use your credit cards in buying an item but the amount of fees you'll be paying is somewhat crazy + the late fees you might incur if you don't get to pay your bills on time. Personally, I think that the straightforward nature of bitcoin alleviates the need for intermediaries; you only need legitimate merchants on the other end of the spectrum and bitcoin can act as a currency flawlessly. Unfortunately though, legit merchants are rare since they are scared of bitcoin's volatility and whatnot.


Title: Re: Is bitcoin a better payment system?
Post by: AdoboCandies on April 19, 2018, 05:43:16 PM
Bitcoin is easy to use and easy to buy, but making it as our payment system is a bad idea, first of all on its transaction you need to pay a high transaction fee for waiting a long of time to receive or send the transactions that one of advantage. even if bitcoin develops and upgrades its system it is impossible even now some of the countries ban it  just think if you make it a payment system not all will agree.


Title: Re: Is bitcoin a better payment system?
Post by: dollarneed on April 19, 2018, 06:22:08 PM
Better then real money? Of course yes.But the best in all cryptocurrency ? No.I think that better payment system is eth.
No i don't think so there are some altcoins out there that cheaper and faster than etherum but if you say etherum is better than bitcoin i might agree with you.

A good payment system should be faster and cheaper unfortunately you can't find those things on bitcoin. The highest fee and low confirmation are serious problems right now and this should be addressed immediately however if we compare bitcoin to other payment systems like PayPal or WU bitcoin is still the best.


Title: Re: Is bitcoin a better payment system?
Post by: abarbaz on April 19, 2018, 06:24:27 PM
its depend on purpose ... because its cant be refund able and its take time but its have advantages too


Title: Re: Is bitcoin a better payment system?
Post by: 1Referee on April 19, 2018, 06:42:21 PM
its depend on purpose ... because its cant be refund able and its take time but its have advantages too

Refunds are perfectly possible with Bitcoin. In this case it doesn't depend on Bitcoin itself, but the applications being used as payment gateway. BitPay, which is the most popular payment gateway right now, allows refunds too. These applications can be tweaked to such extent, that merchants can have as much freedom to issue different sorts of refunds as possible.

People for some reason think that Bitcoin is an ancient piece of technology not being capable of much, that I definitely have noticed throughout the years. LN will be the next big thing, and possibly THE killer application people were desperately waiting for to show up. It doesn't only offer Bitcoin the currency centric features it needs to move further and stimulate usage, but it also allows for a more flexible form of scalability. Merchants at some point won't even need to use payment gateways anymore, especially if the price becomes a notch or two more stable; they are their own payment gateway.


Title: Re: Is bitcoin a better payment system?
Post by: Anakcikal on April 19, 2018, 06:49:45 PM
Using Bitcoin to pay and receive payments is easy and accessible to everyone and I think this bitcoin is a payment system that makes bitcoin users as a medium of exchange and does not rule out a better payment system :D


Title: Re: Is bitcoin a better payment system?
Post by: Bonheur on April 19, 2018, 06:58:35 PM
 It is not.But it does not have to be the best.It is a gate way for people to get to know about cryptocurrency.
İ also think eth is a better patent system for now.


Title: Re: Is bitcoin a better payment system?
Post by: mk4 on April 20, 2018, 05:08:27 AM
Bitcoin is easy to use and easy to buy, but making it as our payment system is a bad idea, first of all on its transaction you need to pay a high transaction fee for waiting a long of time to receive or send the transactions that one of advantage. even if bitcoin develops and upgrades its system it is impossible even now some of the countries ban it  just think if you make it a payment system not all will agree.

Transaction fees and time are definitely longer than bank/PayPal transfers, but they're definitely not as expensive and as slow as you're implying. Bitcoin transactions has been cheap and fast for a few months already. Maybe try transacting with bitcoin once in a while.


Title: Re: Is bitcoin a better payment system?
Post by: pekcoin01 on April 20, 2018, 05:19:16 AM
Definitely a better system!
It's costly to transfer money in my country. Banks cut too many commissions.
It's hard to transfer money on weekends.
It is very easy to transfer money thanks to Blockchain. Both cheap and good quality.


Title: Re: Is bitcoin a better payment system?
Post by: iram1011 on April 20, 2018, 05:35:00 AM
Bitcoin is excessively being used for inter countries transactions because of less fees and instant trasfers. This helps in saving a lot on remittance fees. Also, Bitcoin is a major payment system in dark web. Bitcoin can actually be a good payment system but the adoption is quite low and is still dependent upon fiat currency. Bitcoin needs more acceptance by retails and merchants to increase it's utility. Also the high volatility is the major drawback that hinders its use as an effective payment system. People tend to avoid selling a deflationary currency and instead hoard it.


Title: Re: Is bitcoin a better payment system?
Post by: chengyinoing on April 20, 2018, 05:37:43 AM
The advantages of bitcoin relative to legal currency are more directly reflected in the payment technology level. As with the credit expansion level, the payment technology of the legal tender system can be adopted, while many of the technologies paid by bitcoin are not realized by fiat money.


Title: Re: Is bitcoin a better payment system?
Post by: Pursuer on April 20, 2018, 05:38:58 AM
The answer is that it often is not, at least for most people, most of the time.

wrong! bitcoin IS a better payment system. the correct statement would be bitcoin is not perfect. and what is perfect in the world that we live in? nothing!
of course there are always pros and cons to any system and bitcoin is no exception either. but the advantages are outweighing any kind of disadvantage or imperfection that bitcoin may have and that is acceptable.


Title: Re: Is bitcoin a better payment system?
Post by: micher143 on April 20, 2018, 05:40:30 AM
The answer is that it often is not, at least for most people, most of the time. Eventually it will be the best payment system, but it needs to develop further, gain more adoption, and get over the scaling obstacles. Even so, Bitcoin is already the best payment system for certain use-cases, such as sending money across borders, or receiving money from someone you don't trust (which helps further in cross-border transactions).

Bitcoin are better for payment transactions. It's minimizing the your time, effort and transaction fees than doing transaction thru bank.   There's a lot of people provens that transaction thru btc payment is really worth it because you can able to this even your at home, anywhere you are it is applicable to do with much lower transaction fee so it means it's very helpful to us.


Title: Re: Is bitcoin a better payment system?
Post by: glaciercapital on April 20, 2018, 05:41:32 AM
The answer is that it often is not, at least for most people, most of the time.

wrong! bitcoin IS a better payment system. the correct statement would be bitcoin is not perfect. and what is perfect in the world that we live in? nothing!
of course there are always pros and cons to any system and bitcoin is no exception either. but the advantages are outweighing any kind of disadvantage or imperfection that bitcoin may have and that is acceptable.

I believe once bitcoin reaches full scale and the second layer scaling infrastructure has been completed it will enable a much better, faster, cheaper, more open and transparent payments system. The current financial system is so manual and inefficient.


Title: Re: Is bitcoin a better payment system?
Post by: zxl912157 on April 20, 2018, 05:44:13 AM
The answer is that it often is not, at least for most people, most of the time. Eventually it will be the best payment system, but it needs to develop further, gain more adoption, and get over the scaling obstacles. Even so, Bitcoin is already the best payment system for certain use-cases, such as sending money across borders, or receiving money from someone you don't trust (which helps further in cross-border transactions).
Bitcoin is the best payment because it is transparent and can not be tracked.
But Bitcoin cannot be used in certain countries because of its legality.

So Bitcoin is not fully categorized as the best payment because it depends on the sender and its recipients.
Some people are more comfortable using fiat money.


Title: Re: Is bitcoin a better payment system?
Post by: hualangktsld841 on April 20, 2018, 05:46:01 AM
It is clear that bitcoin is not a better payment system. We can see it as a supplement to the payment system. Everyone knows that bitcoin has all its shortcomings, especially in payment, which is the reason why people are in urgent need of lightning payment. In the future, I hope bitcoin or a altcoin can be paid. The aspect is more perfect


Title: Re: Is bitcoin a better payment system?
Post by: Pursuer on April 20, 2018, 05:48:27 AM
The answer is that it often is not, at least for most people, most of the time.

wrong! bitcoin IS a better payment system. the correct statement would be bitcoin is not perfect. and what is perfect in the world that we live in? nothing!
of course there are always pros and cons to any system and bitcoin is no exception either. but the advantages are outweighing any kind of disadvantage or imperfection that bitcoin may have and that is acceptable.

I believe once bitcoin reaches full scale and the second layer scaling infrastructure has been completed it will enable a much better, faster, cheaper, more open and transparent payments system. The current financial system is so manual and inefficient.

the second layer scaling solution is also no perfect. although it is a good and very interesting solution but there are still downsides to that too. but as I said as long as advantages outweigh all these downsides we have a good system, and that's how bitcoin is.


Title: Re: Is bitcoin a better payment system?
Post by: dvillier on April 20, 2018, 05:51:03 AM
Bitcoin are better for installment exchanges. It's limiting the your opportunity, exertion and exchange expenses than doing exchange through bank. There's many individuals demonstrated that exchange through btc installment is extremely justified, despite all the trouble since you can ready to this even your at home, anyplace you are it is material to do with much lower exchange charge so it implies it's exceptionally useful to us.


Title: Re: Is bitcoin a better payment system?
Post by: richjohn on April 20, 2018, 05:51:44 AM
The answer is that it often is not, at least for most people, most of the time.

wrong! bitcoin IS a better payment system. the correct statement would be bitcoin is not perfect. and what is perfect in the world that we live in? nothing!
of course there are always pros and cons to any system and bitcoin is no exception either. but the advantages are outweighing any kind of disadvantage or imperfection that bitcoin may have and that is acceptable.

I believe once bitcoin reaches full scale and the second layer scaling infrastructure has been completed it will enable a much better, faster, cheaper, more open and transparent payments system. The current financial system is so manual and inefficient.

the second layer scaling solution is also no perfect. although it is a good and very interesting solution but there are still downsides to that too. but as I said as long as advantages outweigh all these downsides we have a good system, and that's how bitcoin is.
But isn't everything boils down to the Bitcoin being deflationary currency which will make people HODL it instead of actually using it as a payment system. Whether it's for LN or not, transactions are pretty fast and cheap ATM. But right not BTC is largely a speculative asset with not enough utility. Adoption is needed to be increased in order to make btc an effective payment system.


Title: Re: Is bitcoin a better payment system?
Post by: voron84-05 on April 20, 2018, 05:52:03 AM
I generally would not call bitcoin a payment instrument, he is more of a speculative instrument. Because of its high volatility, it is very difficult to regulate the price of goods and services.
I think that over time, many national currencies will switch to blockchain technology, but BTC itself will not be a payment system.


Title: Re: Is bitcoin a better payment system?
Post by: Ilegendph on April 20, 2018, 06:40:27 AM
The answer is that it often is not, at least for most people, most of the time.

wrong! bitcoin IS a better payment system. the correct statement would be bitcoin is not perfect. and what is perfect in the world that we live in? nothing!
of course there are always pros and cons to any system and bitcoin is no exception either. but the advantages are outweighing any kind of disadvantage or imperfection that bitcoin may have and that is acceptable.

I believe once bitcoin reaches full scale and the second layer scaling infrastructure has been completed it will enable a much better, faster, cheaper, more open and transparent payments system. The current financial system is so manual and inefficient.

the second layer scaling solution is also no perfect. although it is a good and very interesting solution but there are still downsides to that too. but as I said as long as advantages outweigh all these downsides we have a good system, and that's how bitcoin is.

I can consider that bitcoin is a better payment option specially if we are talking about larger scale of money. Compared to bank systems, bitcoin is much faster and fees are so small since it will cost only exact amount for the same speed of transactions no matter how much you will transfer while on bank they have this commission which if computed at larger scale, it is too much.


Title: Re: Is bitcoin a better payment system?
Post by: melonbtchunter on April 20, 2018, 06:51:40 AM
A good payment system feature should be quick and cheap. But in Bitcoin we are not getting them right yet. Bitcoin's highest fees and the lack of adequate confirmation are now a serious problem. So before that they should be given importance and find ways to solve it. But bitcoin is still the best even than PayPal or other currency. If we solve problems very soon, then Bitcoin will soon become a good payment system.


Title: Re: Is bitcoin a better payment system?
Post by: Notcalculator on April 20, 2018, 07:09:33 AM
There are disadvantages and advantages with using btc as a payment system. There is a trade off between privacy and convenience. For day to day transactions where privacy is not an issue then, fiat is a better payment system. The reason why we still need fiat is that this is the case for most scenarios. Additionally at its current state, payment isnt instant that's a big factor to consider.


Title: Re: Is bitcoin a better payment system?
Post by: fargoway on April 20, 2018, 07:16:33 AM
I consider bitcoin as a better payment system so far. It has a lot of opportunities even despite some disadvantages and unacceptance of cryptocurrency by a lot of people. It is still a better system than what we have been used before.


Title: Re: Is bitcoin a better payment system?
Post by: oceantiger on April 20, 2018, 07:19:38 AM
Bitcoin is in the process of becoming a better payment system as when more works are done in the area of scalability , timing of confirmation and the cost of transacting with bitcoin. It is only when these actions are being achieved that Bitcoin will become a better payment system.


Title: Re: Is bitcoin a better payment system?
Post by: SupplyBloc on April 20, 2018, 07:22:02 AM
It is the best Store of Value that we have ever seen. It makes sense, seeing as we've never seen a digital SOV in the history of mankind. We believe resisters will soon see this, quicker than most imagine.


Title: Re: Is bitcoin a better payment system?
Post by: warning_btc on April 20, 2018, 07:31:32 AM
Bitcoin is not better, its one more system avialable nowadays
It have their plusses and minuses, transaction speed very low and not cancelable. by one side is good but some times peoples make misstakes and its will be not cancelable


Title: Re: Is bitcoin a better payment system?
Post by: rodskee on April 20, 2018, 07:32:53 AM
The current affairs says bitcoin is not a best payment system it have to improve in this area. I'm aggring its one of the top crypto but to make safe in this crypto field innovate bitcoin and its features is an important issue now. As per the results I could feel that etherium is the best in payment system.


Do not listen to media because media are making news for the bad aides of bitcoin not spreading in the entire nation the good side of bitcoin as decentralized currency how much bitcoin help to people to get earn money using the new technology systems,
 
Ok current affairs  are saying  bitcoin are not a best payament system, all the things bave an solution become better than to others, take note improvement of the computer system today's are faster than to the train, I beleive bitcoin are good use for payment system of any kind of goods and needs for the daily lives.


Title: Re: Is bitcoin a better payment system?
Post by: tikong on April 20, 2018, 07:35:39 AM
Everyone knows that bitcoin has all its shortcomings, especially in payment, which is the reason why people are in urgent need of lightning payment and Bitcoin is excessively being used for inter countries transactions because of less fees and instant trasfers.Adoption is needed to be increased in order to make btc an effective payment system. That's all .


Title: Re: Is bitcoin a better payment system?
Post by: Pursuer on April 20, 2018, 07:56:11 AM
The answer is that it often is not, at least for most people, most of the time.

wrong! bitcoin IS a better payment system. the correct statement would be bitcoin is not perfect. and what is perfect in the world that we live in? nothing!
of course there are always pros and cons to any system and bitcoin is no exception either. but the advantages are outweighing any kind of disadvantage or imperfection that bitcoin may have and that is acceptable.

I believe once bitcoin reaches full scale and the second layer scaling infrastructure has been completed it will enable a much better, faster, cheaper, more open and transparent payments system. The current financial system is so manual and inefficient.

the second layer scaling solution is also no perfect. although it is a good and very interesting solution but there are still downsides to that too. but as I said as long as advantages outweigh all these downsides we have a good system, and that's how bitcoin is.
But isn't everything boils down to the Bitcoin being deflationary currency which will make people HODL it instead of actually using it as a payment system. Whether it's for LN or not, transactions are pretty fast and cheap ATM. But right not BTC is largely a speculative asset with not enough utility. Adoption is needed to be increased in order to make btc an effective payment system.

yes bitcoin is mostly used by speculators as an investment but that  doesn't mean it has no other usages! there are still a lot of people who are using bitcoin as a currency and pay for stuff online or offline. you can see all the online shops that are accepting bitcoin, you can check out the merchants in Japan that have been accepting bitcoin for a bout a year now. and on top of that you can always check out BitPay which is processing payments to merchants and services. BitPay said they have been processing $110M+ in bitcoin payments per month so you can't say there isn't enough utility!


Title: Re: Is bitcoin a better payment system?
Post by: merklexy on April 20, 2018, 07:58:15 AM
Absolutely. Privacy exists


Title: Re: Is bitcoin a better payment system?
Post by: markdario112616 on April 20, 2018, 08:01:38 AM
low transaction processing speed.

Well given this statement and given the fact that Bitcoin is not acceptable worldwide the answer is NO. As of now, Bitcoin is still in a progressive stage and the acceptance stage. We can't deny the fact that Bitcoin did a lot of upgrade over the years but it's still not enough to be considered as a better payment system.

The answer is yes. Its the easiest way of paying something.

Isn't paying via Credit card or Debit Card is the most accessible right now?

There were only selected stores or businesses to accept Bitcoin as a form payment. As of the moment, it is not.


Title: Re: Is bitcoin a better payment system?
Post by: kjnfmplm on April 20, 2018, 08:04:32 AM
I don't think that it is the best payment system for now. Fiat is still a better payment system, in my opinion. Bitcoin is better off in investment and sending coins even across a different country. Transactions is slow and has a high fee. Maybe, in the future, if lightning network will be implemented, then it probably would change. But, only time will tell.


Title: Re: Is bitcoin a better payment system?
Post by: 10c on April 20, 2018, 08:06:11 AM
while of course this is not the best system to pay for everything and many are not very well versed in it.but I'm sure it'll come with time.


Title: Re: Is bitcoin a better payment system?
Post by: pabpete on April 20, 2018, 08:15:20 AM
Everyone knows that bitcoin has all its shortcomings, especially in payment, which is the reason why people are in urgent need of lightning payment and Bitcoin is excessively being used for inter countries transactions because of less fees and instant trasfers.Adoption is needed to be increased in order to make btc an effective payment system. That's all .
Bitcoin payment system will by accept in future.There are no subscription or monthly fees for using Bitcoin directly, unlike traditional bank accounts and payment processing networks.


Title: Re: Is bitcoin a better payment system?
Post by: sjdk on April 20, 2018, 08:17:43 AM
Yes, Bitcoin is a better payment system. I think that I prefer Bitcoin to pay or transfer money compared to banks. Of course, bitcoin is not perfect, and transactions take a long time and high transactions. The fees are all Bitcoin should perfect


Title: Re: Is bitcoin a better payment system?
Post by: frowsiter on April 20, 2018, 08:31:59 AM
No matter what people are saying here but I do believe that it is the best payment system. I am not sure why people call it not so perfect as we can still make payments with it, we can still receives and send as much amount of money as we want in the first place. Its all about how you look after it! If you think you can just go at offline retail ask for the LAMBO and then make BTC-card purchase, then thats wrong! Bitcoin was made to make online transactions far smoother considering its online presence. Moreover though that is the case then also I am sure that we are on the verge of getting it grounded and use it for the offline purpose. Thats why it is still best no matter what!


Title: Re: Is bitcoin a better payment system?
Post by: Dr.Osh on April 20, 2018, 08:41:53 AM
Yes, Bitcoin is a better payment system. I think that I prefer Bitcoin to pay or transfer money compared to banks. Of course, bitcoin is not perfect, and transactions take a long time and high transactions. The fees are all Bitcoin should perfect
well, even though we say that it is a very promising payment system, but, for the country it could harm them. well we know that bitcoin transcation is not in taxes, and moreover the bitcoin system is always preached as money laundering.


Title: Re: Is bitcoin a better payment system?
Post by: TooDumbForBitcoin on April 20, 2018, 08:49:49 AM
Yes, Bitcoin is a better payment system. I think that I prefer Bitcoin to pay or transfer money compared to banks. Of course, bitcoin is not perfect, and transactions take a long time and high transactions. The fees are all Bitcoin should perfect
well, even though we say that it is a very promising payment system, but, for the country it could harm them. well we know that bitcoin transcation is not in taxes, and moreover the bitcoin system is always preached as money laundering.

Why do you think that bitcoin transactions must be taxed? It's closed ecosystem. They can tax  returns when you out to fiat, but taxes for BTC transactions is like to pay taxes for transactions with nominal money in computer games.


Title: Re: Is bitcoin a better payment system?
Post by: VitKoyn on April 20, 2018, 09:09:52 AM
Bitcoin still needs a lot of improvement on its system, although it is very cheap to transact Bitcoin today, it is still possible that the network will experience congestion on unconfirmed transactions, so a solution is still needed, I'm referring to lightning and schnorr signature, if those two will be successfully implemented I think it will make Bitcoin a better payment system than traditional payment system. But there are still some disadvantage like, transactions are not reversible, meaning if you accidentally deal with a scammer you won't be able to get a refund. But I think Bitcoin and other cryptocurrency is already a best payment system that can transact money around the world, faster and cheaper than bank transfers.


Title: Re: Is bitcoin a better payment system?
Post by: Msile on April 20, 2018, 09:24:00 AM
Bitcoin is a better payment system in few things while not so good in few. E.g., if you want to send large amounts of money to someone than it wouldn't cost more than few dollars to transfer that amount while with the banks it would take high fees and charges. And in the contrary bitcoin is currently not that good to handle large amounts of transactions, although development is being done to fix that.


Title: Re: Is bitcoin a better payment system?
Post by: bitfocus on April 20, 2018, 09:28:40 AM
I believe Bitcoin is the best as a payment system for now.


Title: Re: Is bitcoin a better payment system?
Post by: Minhxx on April 20, 2018, 09:28:56 AM
It is not popular with most countries. But now it may be best to transfer money fast


Title: Re: Is bitcoin a better payment system?
Post by: 01asd on April 20, 2018, 09:34:34 AM
Bitcoin is a better payment system in few things while not so good in few. E.g., if you want to send large amounts of money to someone than it wouldn't cost more than few dollars to transfer that amount while with the banks it would take high fees and charges. And in the contrary bitcoin is currently not that good to handle large amounts of transactions, although development is being done to fix that.
First of all, that various and each payment system in some countries or one country maybe different. There are a lot of payment system in the world. And I think, in my opinion, we cannot compare them at our will. For example like dollar and btc, those two are completely two different things so you actually cannot compare those two. You have to know that everything as a good side and a bad side, including btc and dollar, and any other payment system, and any other currency in the world. Btc is indeed the revolution of money transfer and the new innovation of money transaction. But there is always a positive side and negative side in this world.


Title: Re: Is bitcoin a better payment system?
Post by: JerryJam on April 20, 2018, 09:46:41 AM
Bitcoin performs all functions for money transfers via the Internet. It became the first payment system.On the basis of this system began to arise and other payment systems.At the same time, bitcoin has become the first electronic currency. With it, you can make purchases to pay for education or make money transfers.Bitcoin payment system has an ambiguous relation to itself. This is due to the fact that bitcoin is not stored in the Bank develops spontaneously, this currency does not belong to any particular state and does not have material assets.At the same time, this payment system allows you to keep the Confederacy and reliability.


Title: Re: Is bitcoin a better payment system?
Post by: Bhalibad on April 20, 2018, 10:38:46 AM
The advantages of bitcoin relative to legal currency are more directly reflected in the payment technology level. As with the credit expansion level, the payment technology of the legal tender system can be adopted, while many of the technologies paid by bitcoin are not realized by fiat money.

For me yes, because Bitcoin is the first electronic currency, if we can purchase through the online system and we càn pay of our education. Bitcoin can also use as to purchase through our debit cards or ATM to used them.


Title: Re: Is bitcoin a better payment system?
Post by: ram64GB on April 20, 2018, 11:00:32 AM
For me yes, but not now. Maybe in the future if majority of country will legalize bitcoin and so more people will invest and use it as their primary money over paper money.


Title: Re: Is bitcoin a better payment system?
Post by: plaintiff77 on April 20, 2018, 11:05:07 AM
Well for now Bitcoin is not yet a bettee payment system because not all stores or malls are acceptng bitcoin as payment for what you purchase the reason why paying in bitcoin is really hard and you need it convert it first in fiat in order for you to be able to pay.However if most of the establishments will accept bitcoin as payment it would be better.


Title: Re: Is bitcoin a better payment system?
Post by: AteenaD on April 20, 2018, 11:12:33 AM
Yes i do believe that bitcoin will be a better payment system. Bitcoin offers us with many advantages over traditional banks because it allows us to send and receive payments all across the globe, without us having to worry about conversion rates. Merchants do not have to pay any processing fees to carry out transactions. Another highly beneficial aspect of using bitcoin is the fact that large payments can be made with ease and without any monetary caps on the size of the payment. Although bitcoin is still in its nascent stages and is volatile in its pricing, it still has a potential to improve and become better.


Title: Re: Is bitcoin a better payment system?
Post by: isaevaen on April 20, 2018, 11:13:15 AM
No doubt, bitcoins are innovative and have solved a number of problems found with the current payment systems. But one thing still needs improvement and that it the transfers need to be instant.


Title: Re: Is bitcoin a better payment system?
Post by: Jingjess on April 20, 2018, 11:13:22 AM
The answer is that it often is not, at least for most people, most of the time. Eventually it will be the best payment system, but it needs to develop further, gain more adoption, and get over the scaling obstacles. Even so, Bitcoin is already the best payment system for certain use-cases, such as sending money across borders, or receiving money from someone you don't trust (which helps further in cross-border transactions).



I can say bitcoin is a good way and easy to send across boarder but not the best payment system because transaction fee is high.


Title: Re: Is bitcoin a better payment system?
Post by: ladydark on April 20, 2018, 11:15:08 AM
Bitcoin is the best payment system? Of course not! With such a low transaction processing speed, this can not be.
Really?Is it still slow?I thinks it's now at far better speed with segwit activation.I f big giants like Amazon once accepts bitcoin payments,it would come into main stream of payment.


Title: Re: Is bitcoin a better payment system?
Post by: 19nataliya12 on April 20, 2018, 11:19:27 AM
Bitcoin made a real success in the financial industry - in 2013 its price exceeded $ 1000, and despite a subsequent significant decline, in 2017 returned to the same mark. This week bitkoin updated new records and passed a mark of $ 1510. Bitcoin began to appear and other currencies - their number has already exceeded 200 and is constantly growing, but 85% of the world's total crypto currency is still bitcoin.

Crypto currency has a number of useful properties, which can be considered using the most popular of them, bitcoin. Here are the key positive differences bitcoin from the usual money that you see in your Internet bank.


Title: Re: Is bitcoin a better payment system?
Post by: dimiinx on April 20, 2018, 11:29:52 AM
Bitcoin is the best payment system? Of course not! With such a low transaction processing speed, this can not be.
bitcoin transactions usually occur for free if the amount exceeds 0.01 btc. if for transactions that pull coins from many bitcoin addresses so that it requires a larger portion of data then it will incur a very small transaction fee.


Title: Re: Is bitcoin a better payment system?
Post by: ralfshu on April 20, 2018, 11:32:26 AM
The answer is that it often is not, at least for most people, most of the time. Eventually it will be the best payment system, but it needs to develop further, gain more adoption, and get over the scaling obstacles. Even so, Bitcoin is already the best payment system for certain use-cases, such as sending money across borders, or receiving money from someone you don't trust (which helps further in cross-border transactions).

It is certainly a good option in number of cases. For instance, suppose your PayPal gets limited or closed, bitcoins can be handy in such a situation.


Title: Re: Is bitcoin a better payment system?
Post by: wireless1889 on April 20, 2018, 11:32:42 AM
In my opinion, yes, because for the reason that it is through technology and we have technologies everywhere. There's a little bit of hassle in paying with physical money and it is just getting out of date, we need something new system of paying and transacting. Having to pay with bitcoin is less hassle and fast transacting. But right now they're not accepting bitcoin because the rate of bitcoin is very high and still cannot be accepted as a payment.


Title: Re: Is bitcoin a better payment system?
Post by: Zoe_27 on April 20, 2018, 11:35:49 AM
It depends.  To date it may not be a better payment system but once government policies step in and guidelines are framed it can surely become a better payment system.


Title: Re: Is bitcoin a better payment system?
Post by: roadsirm on April 20, 2018, 11:36:09 AM
of course bitcoin is a digital currency and a fast payment system in almost all countries let alone very low cost


Title: Re: Is bitcoin a better payment system?
Post by: 9emb3lelit3 on April 20, 2018, 11:43:26 AM
In my opinion, Bitcoin in the future later in the system and also its payment program will make us more easier in terms of payment, and also will be very safe, because we no longer need to carry wallets and lots of money for us to travel, and our credit cards alone for us to walk everywhere.
Currently, we are heading in the direction of the way of Digital technology is growing very fast, which will make our life more simple, easy, and also safe.
It is from Bitcoin that will change our future, and also in many ways that will make our lives more alive in the Digital Technology Era.


Title: Re: Is bitcoin a better payment system?
Post by: upekhaanthony on April 20, 2018, 11:43:57 AM
Yes Bitcoin is better payment method but not the best. It has improved a lot in Speed and cost wise. But if consider bitcoin as a concept, it the greatest invention of the century.

Bitcoin is best when we are considering about the problems of KYC, Decentralisation and security. How many cryptocurrencies was introduced to the market, Bitcoin will be the King.



Title: Re: Is bitcoin a better payment system?
Post by: zolfa on April 20, 2018, 11:44:59 AM
The current affairs says bitcoin is not a best payment system it have to improve in this area. I'm aggring its one of the top crypto but to make safe in this crypto field innovate bitcoin and its features is an important issue now. As per the results I could feel that etherium is the best in payment system.
etherium is a bitcoin partner, etherium is more superior than bitcoin because it has high selling power in the market. but not always good for the payment system.

So, I want to know, why you say that etherium is the best payment system? what is your reason?


Title: Re: Is bitcoin a better payment system?
Post by: steveabrahams on April 20, 2018, 11:47:44 AM
No for me, because there is 0 security on bitcoin. When you got scammed by someone online, you can get your money back because there is no system like paypal that can make your money back. If in the future bitcoin have an update about the security like escrow, middleman or something like that, i think it will bring more people to use bitcoin as an payment system.


Title: Re: Is bitcoin a better payment system?
Post by: Tiklohor on April 20, 2018, 11:49:44 AM
I do not think bitcoin is the best payment system because of the low speed of transactions


Title: Re: Is bitcoin a better payment system?
Post by: gusevli on April 20, 2018, 11:52:18 AM
The answer is that it often is not, at least for most people, most of the time. Eventually it will be the best payment system, but it needs to develop further, gain more adoption, and get over the scaling obstacles. Even so, Bitcoin is already the best payment system for certain use-cases, such as sending money across borders, or receiving money from someone you don't trust (which helps further in cross-border transactions).

It has got its own advantages and limitations and lot of improvements need to be done. For instance, cutting down the transaction fee for slower transactions is required.


Title: Re: Is bitcoin a better payment system?
Post by: BelieveInBTC on April 20, 2018, 11:53:57 AM
It depends on the use case. If you use normal Bitcoin transaction then it should take 10 minutes for a transaction to get through the assuming that network is working without any problems and the block aren't filled. Lightning Network will allow Bitcoin to become every day currency. The more channels are opened, the more reliable the whole system will be. I'm tired of high fees of international bank transfers and some other limitations that don't exist in Bitcoin.


Title: Re: Is bitcoin a better payment system?
Post by: 4rzun4 on April 20, 2018, 11:54:10 AM
There are still many who agree and disagree, if making bitcoin as a means of payment, because many are calling the fear of replacing the state currency.


Title: Re: Is bitcoin a better payment system?
Post by: milada on April 20, 2018, 11:54:17 AM
Personally, I like cash more as most of the people this form of payment only. I hope it changes with time as mobile and internet penetration increase here.


Title: Re: Is bitcoin a better payment system?
Post by: Tagabukid69 on April 20, 2018, 11:54:31 AM
Time is very valuable for me. And to address the issue of slow down transaction, Bitcoin is the most effective and efficient way to access mode of payment. As long there is internet connection everything follows accordingly.


Title: Re: Is bitcoin a better payment system?
Post by: Arabella.Theo on April 20, 2018, 12:00:29 PM
Its potentially a better payment system. The important word in this is "potentially". Hopefully with a mix of sharding, segwit and payment channels such as lightning, we will be able to compete with the current system. Its a long way off though. It took coinbase over two years just to impliment segwit!


Title: Re: Is bitcoin a better payment system?
Post by: carlisle1 on April 20, 2018, 12:00:41 PM
I respect your stand about this position but how can you say that its better for RECIEVING MONEY FROM SOMEONE YOU DONT TRUST?what about that?

What youre saying is bitcoin is more better to use from not so legal transactions?this cryptocurrency is designed to be the money of the future,meaning this will be the currency for digital age so better be careful on what you are saying jere


Title: Re: Is bitcoin a better payment system?
Post by: Juggy777 on April 20, 2018, 12:09:07 PM
I think it's the best payment system ever made, asks us no personal details, doesn't send us annoying emails and marketing waste. Instead of being in the dark what's happening to our payments it lets us see live that our payments been made or is in the process. It's irreversible and that's a safety. It cuts down on the fees that greedy bankers charge us.


Title: Re: Is bitcoin a better payment system?
Post by: kudryas on April 20, 2018, 12:11:44 PM
With the current transfer rate, it is not going to be used as payment option for instant transactions. Because, no one will wait for bitcoin transfers to take place to confirm a deal.


Title: Re: Is bitcoin a better payment system?
Post by: anjelaro on April 20, 2018, 12:15:23 PM
Those scaling issues you mentioned need to be solved for mass adoption. Last year when bitcoin was at its peak, we had to wait hours for the transactions to go through.


Title: Re: Is bitcoin a better payment system?
Post by: Sanjida on April 20, 2018, 12:15:35 PM
Yes bitcoin is a better payment system because,it is a  digital currency and a first payment system in almost all countries.bitcoin can be considered using the most popular of them.bitcoin it has high selling power are always in the market. bitcoin is very high and it is one and only better payment system in the world.


Title: Re: Is bitcoin a better payment system?
Post by: emelyanova on April 20, 2018, 12:24:30 PM
If you compare with payment option like PayPal, bitcoin appears as the winner. PayPal can terminate any account for any stupid reason but with bitcoins you need not worry about this aspect.


Title: Re: Is bitcoin a better payment system?
Post by: suhano on April 20, 2018, 12:39:16 PM
It is good for large transactions only as there is a fee involved and transfer also takes time. For smaller transactions cash is way better as it is instant.


Title: Re: Is bitcoin a better payment system?
Post by: olumyd on April 20, 2018, 12:50:14 PM
Bitcoin is still much far away from being a perfect system, especially as a payment system. There still some issues to be cleared before mainstream adoption can kick in. However, with the numerous utility and guise tokens in cryptocurrency ecosystem, it would be hard for it to be uno.


Title: Re: Is bitcoin a better payment system?
Post by: neo444 on April 20, 2018, 12:55:51 PM
Yes bitcoin is a better payment system because his price is the high price than other cryptocurrency and now the fee of transaction of bitcoin is not high


Title: Re: Is bitcoin a better payment system?
Post by: Tactical Genius on April 20, 2018, 12:59:20 PM
If we look at it as a payment system yes it is a better payment system than fiat especially crossborder like you mentioned but scalability is needed to make it very better too like you added because we have seen times when the network becomes so congested to the extent that it takes sometimes as long as a day for confirmation of transactions to occur across the network.Such problems have to be solved before it can become the best if not the most perfect payment system.


Title: Re: Is bitcoin a better payment system?
Post by: akiho yoshizawa on April 20, 2018, 12:59:46 PM
Bitcoin is still much far away from being a perfect system, especially as a payment system. There still some issues to be cleared before mainstream adoption can kick in. However, with the numerous utility and guise tokens in cryptocurrency ecosystem, it would be hard for it to be uno.
what causes you to say bitcoin is still far from perfect word? is it because of its fluctuating value, or because the bitcoin has no physical form? bitcoin is prepared for the future, and the absence of physical form makes bitcoin more economical than conventional currency, so I think bitcoin is the right currency for the future wherein later in the world already using digital technology


Title: Re: Is bitcoin a better payment system?
Post by: Coleth on April 20, 2018, 01:02:41 PM
Since it is faster phase of mode of transaction because it is digital, it is indeed more convenient to to have bitcoin. We can do transactions anytime anywhere while going out and falling in lines.


Title: Re: Is bitcoin a better payment system?
Post by: Elkafi on April 20, 2018, 01:03:52 PM
The answer is that it often is not, at least for most people, most of the time. Eventually it will be the best payment system, but it needs to develop further, gain more adoption, and get over the scaling obstacles. Even so, Bitcoin is already the best payment system for certain use-cases, such as sending money across borders, or receiving money from someone you don't trust (which helps further in cross-border transactions).

I think bitcoin is better than real money, there is many advantages of bitcoin. it is easy and secure. bitcoin is crypto currency for future currency.


Title: Re: Is bitcoin a better payment system?
Post by: Bitcoinnumberone on April 20, 2018, 01:06:01 PM
Bitcoin is the best payment system? Of course not! With such a low transaction processing speed, this can not be.


Well,this is possible. Bitcoin offers a faster transaction mode. This could be a possible payment system. There are a lot of ways to enjoy bitcoin that's why there are also a lot of possibilities that bitcoin can offer.


Title: Re: Is bitcoin a better payment system?
Post by: MZMARY on April 20, 2018, 01:06:31 PM

Bitcoin is the best crypto currency, the bitcoin payment property is very expensive for making a transaction, which is a big disadvantage, you need to unload the bitcoin network and review the payment transaction


Title: Re: Is bitcoin a better payment system?
Post by: Doge dealer on April 20, 2018, 01:08:46 PM
its at this point definitely a better payment system as it allows you to receive and send  payments all over the world without having to deal with these bureaucratic financial institutions so even a regular individual is able to do cross border transactions instantaneous without having to wait a number of hours or days in some cases to confirm receipt of funds.plus your transaction is fairly anonymous if privacy is what you seek


Title: Re: Is bitcoin a better payment system?
Post by: tikaka on April 20, 2018, 01:10:53 PM
Yes, of course, bitcoin will be a good paying system in the future. Bitcoin will be a good payment method in business transactions, online shopping or internet payments. But bitcoin is currently experiencing difficulty in the transaction process. I think in the future the fee issue will be more stable and more appropriate, faster transaction speed.


Title: Re: Is bitcoin a better payment system?
Post by: Tapyaks72 on April 20, 2018, 01:11:39 PM
I think it's the best payment system ever made, asks us no personal details, doesn't send us annoying emails and marketing waste. Instead of being in the dark what's happening to our payments it lets us see live that our payments been made or is in the process. It's irreversible and that's a safety. It cuts down on the fees that greedy bankers charge us.
Yeah agree  on you that mate payment with out hassle is the best thing when you're payment it should be systematic and only  technology that  can do that is the Blockchain technology and bitcoin itself.


Title: Re: Is bitcoin a better payment system?
Post by: Camorra Dev on April 20, 2018, 01:16:59 PM
I’m an ordinary person, and I need to buy food, pay the bills  and get other necessities. I can’t do that having only bitcoin in my pocket. Small number of people use bitcoin and it’s appreciated only by freaks.


Title: Re: Is bitcoin a better payment system?
Post by: imstillthebest on April 20, 2018, 01:17:06 PM
I think it's the best payment system ever made, asks us no personal details, doesn't send us annoying emails and marketing waste. Instead of being in the dark what's happening to our payments it lets us see live that our payments been made or is in the process. It's irreversible and that's a safety. It cuts down on the fees that greedy bankers charge us.
Yeah agree  on you that mate payment with out hassle is the best thing when you're payment it should be systematic and only  technology that  can do that is the Blockchain technology and bitcoin itself.

bitcoin isnt the best payment system because it has many known issues such as slow transfer , high cost fees , lack of anonymity. you know mate , there were alot of cryptos out there that is much better than bitcoin in terms of payment purposes. Few examples could be etherium , litecoin , dash , bitcoincash , etc  . These coins are known to be the best when it it comes to payment purposes because they are fast and has a reasonably lower fees as oppose to bitcoin.


Title: Re: Is bitcoin a better payment system?
Post by: Masongrae on April 20, 2018, 01:19:40 PM
Yes bitcoin is better payment system, it is convinient to use, for it is fast, easy and effecient trasaction, and there are a lot more benefits of it that every user a satisfaction.


Title: Re: Is bitcoin a better payment system?
Post by: ajoygb on April 20, 2018, 01:22:39 PM
Bitcoin a better payment especially if you are in hurry  no time to go to the bank and it is secured compare to money bills payment.  Where ever you are you can pay as long as you are connected with internet as a click and you are done.


Title: Re: Is bitcoin a better payment system?
Post by: Jamesbob16 on April 20, 2018, 01:33:23 PM
Not yet but Bitcoin has a chance to be the most useful Payment system. For now, No. Bitcoin needs to improve many things, Bitcoin is the best digital currency no doubt, but you can't make a payment in global platforms like Amazon, Ali express, and others. Every crypto holders see a dream that one day we will pay to Amazon or other e-commerce sites by Bitcoin, but that dream is just dream for now. though I hope for the best


Title: Re: Is bitcoin a better payment system?
Post by: vergel24official on April 20, 2018, 01:41:14 PM
Ok, but what if that restaurant gets to the point of making most of its income in Bitcoin? He still needs to pay everyone and replenish the restaurant's provisions. Will his employees/providers accept Bitcoin?


Title: Re: Is bitcoin a better payment system?
Post by: gesdan on April 20, 2018, 01:44:03 PM
for digital payment that i used bitcoin is not the best in payment system, why? because the other platform using NFC as their ID to send the money and receive it, in bitcoin there are still using QR code that in the QR there are address of the receiver, so the method to send in bitcoin still not better than the other platform


Title: Re: Is bitcoin a better payment system?
Post by: CarylnBoy on April 20, 2018, 02:02:56 PM
Bitcoin is the best digital currency that you have no doubt, as it has proven its worth at the moment, There is bitcoin as the better payment system, it is advantageous to use, and Bitcoin has the potential to become the most useful billing system, although bitcoin is currently having difficulty in the transaction process, I hope in the future bitcoin will have faster transaction speed.


Title: Re: Is bitcoin a better payment system?
Post by: Cuman86 on April 20, 2018, 02:09:28 PM

if in my opinion probably not because there are still many obstacles, one of them not all countries receive payment transakai transactions using virtual currency one bitcoin this.


Title: Re: Is bitcoin a better payment system?
Post by: koralan on April 20, 2018, 02:10:32 PM
Well this is absolutely correct, they are created for the purpose of payment service. Bitcoin is fast and cost-effective, reducing dependence on third parties. We can take the initiative to forward it at any time.


Title: Re: Is bitcoin a better payment system?
Post by: narkiss on April 20, 2018, 02:11:47 PM
The answer is that it often is not, at least for most people, most of the time. Eventually it will be the best payment system, but it needs to develop further, gain more adoption, and get over the scaling obstacles. Even so, Bitcoin is already the best payment system for certain use-cases, such as sending money across borders, or receiving money from someone you don't trust (which helps further in cross-border transactions).

Bitcoin has got a number of advantages over conceptional systems like cash. For instance, it is easy to carry huge amount in form of bitcoins and no bank is involved.


Title: Re: Is bitcoin a better payment system?
Post by: bolbau on April 20, 2018, 02:14:12 PM
bitcoin is a better payment system? it all depends on what payment system you compare, if you say bitcoin better than real money, in my opinion this time still not. bitcoin still needs to be developed, the price is very unstable and the possible use of criminal activity and transparency that is not yet clear. in my opinion, than bitcoin trying to compete with and defeat the original money that the facts have been used hundreds or even thousands of years. I would agree if they collaborate for a better future.


Title: Re: Is bitcoin a better payment system?
Post by: Theo222 on April 20, 2018, 02:15:08 PM
bitcoin will be good payment system why ? its simply because this coin is very secured and it has a fast transaction system. if market use this they will lessen the time consume every transaction will be made. they can pay exact ammount and no need to give a change.


Title: Re: Is bitcoin a better payment system?
Post by: Sab11 on April 20, 2018, 02:25:31 PM
Yes bitcoin is a better payment system, not just an investment and funds storage, bitcoin is naturally created for the purpose of fast payment system Before, but now the transaction of bitcoin is very slow, hope that bitcoin transaction make fast and stonger soon.


Title: Re: Is bitcoin a better payment system?
Post by: reda on April 20, 2018, 02:58:32 PM
Yes bitcoin is a better payment system, not just an investment and funds storage, bitcoin is naturally created for the purpose of fast payment system Before, but now the transaction of bitcoin is very slow, hope that bitcoin transaction make fast and stonger soon.

Bitcoin is online digital currency. So it any where to use. It change the all process and save the time. Bitcoin is time to acct.  Bitcoin good opportunity for the future saving.  But before use the bitcoin you know the bitcoin process and information for the future saving. Most of the people learn more information from bitcoin. So time to complete the process. If complete the process you get more profit.


Title: Re: Is bitcoin a better payment system?
Post by: franciscoDC on April 20, 2018, 03:02:27 PM
Yes because its using blockchain and its good at all,and also its has a fast transaction and if many companies or branches used it as a payment system they will be have lessen time for paying because it has a bosstful transaction.


Title: Re: Is bitcoin a better payment system?
Post by: Koobtcgal on April 20, 2018, 03:28:09 PM
The answer is that it often is not, at least for most people, most of the time. Eventually it will be the best payment system, but it needs to develop further, gain more adoption, and get over the scaling obstacles. Even so, Bitcoin is already the best payment system for certain use-cases, such as sending money across borders, or receiving money from someone you don't trust (which helps further in cross-border transactions).
Bitcoin is one of the most secure and safest payment system i have ever come come across. Moreover, it allows a wide range of payment and no restriction to people no matter their origin unlike other payment methods.


Title: Re: Is bitcoin a better payment system?
Post by: djselery on April 20, 2018, 03:30:48 PM
The usability of Bitcoin as a payment system or a currency is still limited right now, because it is not yet really supported by the most popular marketplaces online, and not yet supported by most governments offline.
It is nowadays considered more as an valuable asset because its price is predicted to go up highly in the few next years.


Title: Re: Is bitcoin a better payment system?
Post by: rafiADN on April 20, 2018, 03:33:54 PM
in my opinion, bitcoin cannot be a very good payment system, with not so good speed, losing to PayPal and fairly large transaction fee, bitcoin cannot be a good payment system. If everyone says a good ETH I strongly agree.


Title: Re: Is bitcoin a better payment system?
Post by: Moneypham5 on April 20, 2018, 03:35:26 PM
Bitcoin can not be a payment system. One of the reasons for the transaction fee is that the larger the transaction size, the more energy and time it takes for Bitcoin miners to verify the data. Bitcoin transaction fees are not as strict as in the regular banking industry, but if you do not charge accordingly, your deal will not be handled by the miners. " Bitcoin slows down considerably. Bank of America estimates that if there are 300,000 transactions per day, the average waiting time for each transaction is 10 minutes. Compared to Visa, it has the ability to handle 2,000 transactions per second and a maximum of 56,000 transactions per second. Bitcoin is slow.


Title: Re: Is bitcoin a better payment system?
Post by: anisuzzaman99apu on April 20, 2018, 03:41:14 PM
 ;D  :D its depend on purpose ... because its cant be refund able and its take time but its have advantages...


Title: Re: Is bitcoin a better payment system?
Post by: kalstarzz on April 20, 2018, 03:53:04 PM
currently bitcoin is the best payment system with ease in providing, it's just that there are negative things that happen with this amenity, and this negative must be removed for the progress of bitcoin.


Title: Re: Is bitcoin a better payment system?
Post by: mustafizur8400 on April 20, 2018, 04:04:01 PM
Obviously better and secured payment system. It's a revolutionary way to pay online anywhere over the world.


Title: Re: Is bitcoin a better payment system?
Post by: SaiWAFU on April 20, 2018, 04:04:45 PM
The answer is that it often is not, at least for most people, most of the time. Eventually it will be the best payment system, but it needs to develop further, gain more adoption, and get over the scaling obstacles. Even so, Bitcoin is already the best payment system for certain use-cases, such as sending money across borders, or receiving money from someone you don't trust (which helps further in cross-border transactions).

With fiat money? no.

Considering the transaction fees, purchasing would cost a little more than the actual price. But you're right about it to be adopted by several companies to further broaden it's potential.

For many computer literate people the use of bitcoin for transaction is really convenient and easy but majority aren't capable of comprehending how bitcoin works.


Title: Re: Is bitcoin a better payment system?
Post by: Dudeperfect on April 20, 2018, 04:58:46 PM
Yes, I believe that Bitcoin is a better payment system as compared to that of the traditional payment system. Things are still in the development phase and there are many issues right now including high transaction fees and confirmation time which is a barrier to growth and mass adoption, especially for the microtransactions. I am optimistic about post 5 to 10 years pictures from now and you will see why Bitcoin and crypto are better than the traditional system.


Title: Re: Is bitcoin a better payment system?
Post by: Spain2000 on April 20, 2018, 05:03:33 PM
off course bitcoin is a good payment system and many online transaction can takes place with in seconds and this all possible due to bitcoin and other crypto bitcoin feature of online payment is easy and secure form and soon the online dealing which were dealing through dollars and other banks will be totally deal in crypto and i think it is the best way to become more advance the payment system through this currency. For me bitcoin is the better payment system.


Title: Re: Is bitcoin a better payment system?
Post by: raybut37 on April 20, 2018, 05:07:02 PM
The answer is that it often is not, at least for most people, most of the time. Eventually it will be the best payment system, but it needs to develop further, gain more adoption, and get over the scaling obstacles. Even so, Bitcoin is already the best payment system for certain use-cases, such as sending money across borders, or receiving money from someone you don't trust (which helps further in cross-border transactions).

Yes, it can be and i believe by using bitcoin in payment can reduce criminality in our society like robbery and hold up which is common nowadays. Using bitcoin as payment we don't need to go out in our home just to pay to our orders.


Title: Re: Is bitcoin a better payment system?
Post by: Sayed Rifat on April 21, 2018, 04:32:26 AM
The answer is that it often is not, at least for most people, most of the time. Eventually it will be the best payment system, but it needs to develop further, gain more adoption, and get over the scaling obstacles. Even so, Bitcoin is already the best payment system for certain use-cases, such as sending money across borders, or receiving money from someone you don't trust (which helps further in cross-border transactions).
Yes. Bitcoin is a better payment system. Some days ago if  a person paying in the other country he goes to bank or other agency. For this reason he must pay a big amount.  But if he or she pay with bitcoin it is easy and safe and it is low costly.  So it is a better payment system.


Title: Re: Is bitcoin a better payment system?
Post by: cunguks on April 21, 2018, 04:46:01 AM
In terms of payment system, bitcoin is definitely superior. I think, because of its digital nature, bitcoin is more efficient because it has no physical shape. And bitcoin is more universal, not a currency belonging to a country. Well, if only bitcoin is legal, maybe people will immediately switch to bitcoin.


Title: Re: Is bitcoin a better payment system?
Post by: Valzzz005 on April 21, 2018, 04:51:08 AM
The answer is that it often is not, at least for most people, most of the time. Eventually it will be the best payment system, but it needs to develop further, gain more adoption, and get over the scaling obstacles. Even so, Bitcoin is already the best payment system for certain use-cases, such as sending money across borders, or receiving money from someone you don't trust (which helps further in cross-border transactions).

It is really a much better payment system because you van literally send bitcoins all around the world so how convenient was that because with just a small fees or almost no fees at all you can now send money everywhere you ever wanted especially here in our country you can withdraw the bitcoins in a bank just like a credit card just like that but the thing is you do not have any card but just a code and you can now get money in that thing. And the bitcoins are very smooth not traffic issues and the government have nothing to fo with them so no taxes at all


Title: Re: Is bitcoin a better payment system?
Post by: azhariejaya on April 21, 2018, 04:51:15 AM
high fees and lengthy transaction processes make bitcoin less suitable as a payment system, especially for small purchase transactions.
I think a lot of other cryptocurrencies is more suitable as a payment system, because of the low fees and the speed of the transaction process.


Title: Re: Is bitcoin a better payment system?
Post by: fipper on April 21, 2018, 04:51:52 AM
The answer is that it often is not, at least for most people, most of the time. Eventually it will be the best payment system, but it needs to develop further, gain more adoption, and get over the scaling obstacles. Even so, Bitcoin is already the best payment system for certain use-cases, such as sending money across borders, or receiving money from someone you don't trust (which helps further in cross-border transactions).
for now my country has not been able to make payments because the government has not formalized bitcoin as a legitimate currency to make a sale and purchase, if indeed it could be of course a good toolkit payment and of course


Title: Re: Is bitcoin a better payment system?
Post by: laurenB7742 on April 21, 2018, 05:01:36 AM
The answer is that it often is not, at least for most people, most of the time. Eventually it will be the best payment system, but it needs to develop further, gain more adoption, and get over the scaling obstacles. Even so, Bitcoin is already the best payment system for certain use-cases, such as sending money across borders, or receiving money from someone you don't trust (which helps further in cross-border transactions).

If compared with current payment system controlled by banks and other financial institutes, BTC is a much better option. As BTC lets you send any amount of money to anyone, anywhere and most importantly at any time. These features only limited to BTC only. If you don't believe in BTC, try sending money on Sunday  ;)


Title: Re: Is bitcoin a better payment system?
Post by: anisuzzaman99apu on April 21, 2018, 05:13:35 AM
Of course yes. But the best in all concurrency? Better then real money? No.I think that better payment system is earth.


Title: Re: Is bitcoin a better payment system?
Post by: blacksnapper94 on April 21, 2018, 05:21:43 AM
of course bitcoin is a better payment system because we get five benefits by using bitcoin as a means of payment.
1. more secure
with bitcoin will not find a problem like losing money because of being stolen or a credit card burglary, because this bitcoin is a virtual currency that is stored virtually with encryption protection
2. does not require intermediaries
transactions will be directly processed and recorded disistem blockchain, transactions can be resolved without going through the banks and other financial institutions that deal with international financial transactions.
3. reach out to everyone, whenever and wherever
bitcoin can be accessed and used by anyone, anytime and anywhere.
4. apply anywhere
bitcoin can be used as a means of payment in all regions of the world.
5. bitcoin owner as the control holder.


Title: Re: Is bitcoin a better payment system?
Post by: dctrerepelsn13 on April 21, 2018, 05:22:47 AM
Of course not! Many coins are developing, as are the scams, and quite interesting.For example.Now I’m watching for Marinecoín.The project is reborn with a large community and new technologies (dev-less, self sustaining, machine to machine, artificial intelligence).Fair distribution  occurs also with the help of proof of promotion.The coin has yet one home exchange, but after the distribution there will be a lot of interesting. The coin has an interesting value.


Title: Re: Is bitcoin a better payment system?
Post by: Refozzblaze on April 21, 2018, 05:26:02 AM
I guess it's not bitcoin for better payouts
for the payment as well as its use ripple transaction fee is cheaper and faster


Title: Re: Is bitcoin a better payment system?
Post by: hieu81 on April 21, 2018, 05:28:02 AM
The answer is that it often is not, at least for most people, most of the time. Eventually it will be the best payment system, but it needs to develop further, gain more adoption, and get over the scaling obstacles. Even so, Bitcoin is already the best payment system for certain use-cases, such as sending money across borders, or receiving money from someone you don't trust (which helps further in cross-border transactions).
Bitcoin will become the payment method when the value is more stable! Currently, mainly for exchange, but big price fluctuations and transaction costs are affecting Bitcoin and digital money.


Title: Re: Is bitcoin a better payment system?
Post by: jcarlo on April 21, 2018, 05:28:49 AM
The answer is that it often is not, at least for most people, most of the time. Eventually it will be the best payment system, but it needs to develop further, gain more adoption, and get over the scaling obstacles. Even so, Bitcoin is already the best payment system for certain use-cases, such as sending money across borders, or receiving money from someone you don't trust (which helps further in cross-border transactions).

With fiat money? no.

Considering the transaction fees, purchasing would cost a little more than the actual price. But you're right about it to be adopted by several companies to further broaden it's potential.

For many computer literate people the use of bitcoin for transaction is really convenient and easy but majority aren't capable of comprehending how bitcoin works.

Indeed, same thought with you. Bitcoin price can affecting fee transaction and when bitcoin price become high, transaction fee become more expensive than using banks. But maybe when bitcoin price high, we can using another cryptocurrency with lower price for our transaction


Title: Re: Is bitcoin a better payment system?
Post by: rencong bitcoin on April 21, 2018, 05:30:09 AM
Bitcoin is the biggest coin in cryptocurrency, I prefer to trade with ETH rather than Bitcoin, so many people use ETH transactions and many people feel the comfort of it all.


Title: Re: Is bitcoin a better payment system?
Post by: SnapDown22 on April 21, 2018, 05:30:41 AM
The answer is that it often is not, at least for most people, most of the time. Eventually it will be the best payment system, but it needs to develop further, gain more adoption, and get over the scaling obstacles. Even so, Bitcoin is already the best payment system for certain use-cases, such as sending money across borders, or receiving money from someone you don't trust (which helps further in cross-border transactions).
the possibility of bitcoin being a good payment because it is practical, fast and not difficult but if bitcoin is already valid as the currency that applies in your country of course if it can be the applicable currency of course bitcoin easy in access


Title: Re: Is bitcoin a better payment system?
Post by: VBCryp@ on April 21, 2018, 05:34:07 AM
Of course, Bitcoin is a better paid system, because bitcoin is more popular and thriving is not the currency of a country, and bitcoin allows you to send any amount to anyone, And it is very useful in people's lives, I hope people will immediately switch to using bitcoin for the future.


Title: Re: Is bitcoin a better payment system?
Post by: Elmughni on April 21, 2018, 05:41:32 AM
The answer is that it often is not, at least for most people, most of the time. Eventually it will be the best payment system, but it needs to develop further, gain more adoption, and get over the scaling obstacles. Even so, Bitcoin is already the best payment system for certain use-cases, such as sending money across borders, or receiving money from someone you don't trust (which helps further in cross-border transactions).


if you compare bitcoin with real money in transactions, it's obvious bitcoin is better. but in some bitcoin state is blocked. so for now bitcoin is not the best payment.


Title: Re: Is bitcoin a better payment system?
Post by: shinchan123 on April 21, 2018, 05:48:59 AM
The answer is that it often is not, at least for most people, most of the time. Eventually it will be the best payment system, but it needs to develop further, gain more adoption, and get over the scaling obstacles. Even so, Bitcoin is already the best payment system for certain use-cases, such as sending money across borders, or receiving money from someone you don't trust (which helps further in cross-border transactions).

I believe so. It is probably because of the fact that bitcoin runs through the use of the internet, and we are all aware that almost everything these days is incorporated by the internet, such as shopping, booking system, classes, etc. Therefore, it is a guarantee that using bitcoin as a payment method will be successful.


Title: Re: Is bitcoin a better payment system?
Post by: al maruf on April 21, 2018, 05:51:46 AM
Bitcoin community is close to merchant-friendly payment system, if people generally agree to continue the work, but it becomes the specification for the payment of bitcoin, it is important for both traders and customers, So Bitcoin is a good payment system.


Title: Re: Is bitcoin a better payment system?
Post by: Sar elok on April 21, 2018, 05:56:44 AM
The answer is that it often is not, at least for most people, most of the time. Eventually it will be the best payment system, but it needs to develop further, gain more adoption, and get over the scaling obstacles. Even so, Bitcoin is already the best payment system for certain use-cases, such as sending money across borders, or receiving money from someone you don't trust (which helps further in cross-border transactions).
If the bitcoin was able to maintain his consistency, not do not may people are turning to online payment systems for bitcoin going forward.


Title: Re: Is bitcoin a better payment system?
Post by: em777 on April 21, 2018, 06:00:47 AM
The answer is that it often is not, at least for most people, most of the time. Eventually it will be the best payment system, but it needs to develop further, gain more adoption, and get over the scaling obstacles. Even so, Bitcoin is already the best payment system for certain use-cases, such as sending money across borders, or receiving money from someone you don't trust (which helps further in cross-border transactions).
Being trustless is nice, but how would I go about buying an online item if I can't trust that it won't arrive broken and that I can never get my money back? So then there will always have to be employees from whatever website to be able to handle claims and escrow reliably...which means if they go against you, you don't really have an option to go to a bank to get your money back (not that a bank is even helpful with that either).

Yes somehow we will have to checkmate activities to avoid fraudulent act.


Title: Re: Is bitcoin a better payment system?
Post by: radjie on April 21, 2018, 06:01:19 AM
bitcoin can make it easy to make any transaction from anywhere without having to bother involving a third party. for users of bitcoin payment cryptocurrency is a better payment system than other types of payments, but for most people who do not know bitcoin, they certainly do not think that payment using bitcoin is not an easy thing to use.


Title: Re: Is bitcoin a better payment system?
Post by: simaislam on April 21, 2018, 06:10:05 AM
its depend on purpose ... because its cant be refund able and its take time but its have advantages too

Refunds are perfectly possible with Bitcoin. In this case it doesn't depend on Bitcoin itself, but the applications being used as payment gateway. BitPay, which is the most popular payment gateway right now, allows refunds too. These applications can be tweaked to such extent, that merchants can have as much freedom to issue different sorts of refunds as possible.

People for some reason think that Bitcoin is an ancient piece of technology not being capable of much, that I definitely have noticed throughout the years. LN will be the next big thing, and possibly THE killer application people were desperately waiting for to show up. It doesn't only offer Bitcoin the currency centric features it needs to move further and stimulate usage, but it also allows for a more flexible form of scalability. Merchants at some point won't even need to use payment gateways anymore, especially if the price becomes a notch or two more stable; they are their own payment gateway.
I strongly agree with your opinion that refunds are perfectly possible with bitcoin.


Title: Re: Is bitcoin a better payment system?
Post by: WorldBiz project on April 21, 2018, 06:12:11 AM
it is still too slow, the alts like ETH are now better


Title: Re: Is bitcoin a better payment system?
Post by: Captain Sneeze on April 21, 2018, 06:12:39 AM
The answer is that it often is not, at least for most people, most of the time. Eventually it will be the best payment system, but it needs to develop further, gain more adoption, and get over the scaling obstacles. Even so, Bitcoin is already the best payment system for certain use-cases, such as sending money across borders, or receiving money from someone you don't trust (which helps further in cross-border transactions).
Being trustless is nice, but how would I go about buying an online item if I can't trust that it won't arrive broken and that I can never get my money back? So then there will always have to be employees from whatever website to be able to handle claims and escrow reliably...which means if they go against you, you don't really have an option to go to a bank to get your money back (not that a bank is even helpful with that either).

I strongly agree on your opinion that, being trustless is nice, but how would I go about buying an online item if I can't trust that it won't arrive broken and that I can never get my money back? So then there will always have to be employees from whatever website to be able to handle claims and escrow reliably. And adding also my opinion that, i'm okay with whatever system we have got, I mean it is all right with me if I gotta stay a little longer to receive and send the payment. In addition, Let's all wait for lightning network and for sure bitcoin's going to be the best payment system of all or if most are using Segwit wallets, everyone would agree that it is. On the otherhand, transaction fees and time are definitely longer than bank/PayPal transfers, but they're definitely not as expensive and as slow as you're implying.


Title: Re: Is bitcoin a better payment system?
Post by: kissme09 on April 21, 2018, 06:16:41 AM
The answer is that it often is not, at least for most people, most of the time. Eventually it will be the best payment system, but it needs to develop further, gain more adoption, and get over the scaling obstacles. Even so, Bitcoin is already the best payment system for certain use-cases, such as sending money across borders, or receiving money from someone you don't trust (which helps further in cross-border transactions).
I do not believe that Bitcoin will be the best payment currency, it has too much risk, and it is a tool for whales to help them get food and kill prey. Besides many criminals around the world are using it to transact illegal items. Bitcoins can help us become rich every day, but it also makes our world worse every day.


Title: Re: Is bitcoin a better payment system?
Post by: Rossy Akbar on April 21, 2018, 06:33:39 AM
Well,  I think it depends on what thing you will pay for, daily life maybe cash was better, but if we want to make a payment online or transfer from one company to another company will be very easy with bitcoin. Will be even easier when bitcoin is evenly distributed to all the ecosystems or legalize by every single country in the world.


Title: Re: Is bitcoin a better payment system?
Post by: Paul karet on April 21, 2018, 06:34:53 AM
true, a payment with Bitcoin is easier than a credit or debit card and can be accepted without a seller account. Payments are made through the wallet application, either on your computer or phone, by entering the recipient's address, payment amount, and click send.


Title: Re: Is bitcoin a better payment system?
Post by: Keyboard PC on April 21, 2018, 06:52:35 AM
The answer is that it often is not, at least for most people, most of the time. Eventually it will be the best payment system, but it needs to develop further, gain more adoption, and get over the scaling obstacles. Even so, Bitcoin is already the best payment system for certain use-cases, such as sending money across borders, or receiving money from someone you don't trust (which helps further in cross-border transactions).

I think bitcoin is very good to be an alternative payment because the bitcoin transaction is very safe and not only that if you store very long bitcoin you can get more profit from bitcoin price increase, with bitcoin payment also more transparent and very fast, that's why bitcoin be the best alternative to payment methods.


Title: Re: Is bitcoin a better payment system?
Post by: Theonethatgotaway on April 21, 2018, 07:15:21 AM
true, a payment with Bitcoin is easier than a credit or debit card and can be accepted without a seller account. Payments are made through the wallet application, either on your computer or phone, by entering the recipient's address, payment amount, and click send.

Bitcoin is the better payment system since it allows sending payments internationally without the concern for currency conversion. Bitcoins blockchain is secure with a multiple password to secure it. Fees in bitcoin are less costly than the fees in money transfer services.


Title: Re: Is bitcoin a better payment system?
Post by: _Mikasa_ on April 21, 2018, 07:41:51 AM
For me bitcoin will be a better payment system as transactions only happens between the seller and buyer without any middlemen or known as escrow services. For that, the exchange of payment and goods are faster and safer. Bitcoin also allows international purchases without concerning about currency conversion.


Title: Re: Is bitcoin a better payment system?
Post by: Urtaev on April 21, 2018, 07:43:49 AM
I do not think that bitcoin is the best payment system. Given the slowness of his transactions, I think soon it will be replaced by more advanced technology.


Title: Re: Is bitcoin a better payment system?
Post by: MASDAS87 on April 21, 2018, 12:24:11 PM
Yes, bitcoin is really nice and better payment system. bitcoin is a decentralized digital currency that's why we can transaction world wide and it is so much easy and user friend.




Title: Re: Is bitcoin a better payment system?
Post by: teklang01 on April 21, 2018, 02:37:05 PM
For me, bitcoin has the potential to shutdown the other financial intermediaries because through this technology we can send money to any person directly anywhere in the world. It is fast, open 24/7 and low cost, no wonder lots of people prefer bitcoin payment system.


Title: Re: Is bitcoin a better payment system?
Post by: ashlyvash00 on April 21, 2018, 02:44:52 PM
You mean better than paper real money?? For me paper money is better even though bitcoin is also good payment but in our world there are lot store didnt yet accept bitcoin. But maybe someday it will and if it happen then ill go to bitcoin as payment system


Title: Re: Is bitcoin a better payment system?
Post by: ohlawdy on April 21, 2018, 02:47:09 PM
For me, bitcoin has the potential to shutdown the other financial intermediaries because through this technology we can send money to any person directly anywhere in the world. It is fast, open 24/7 and low cost, no wonder lots of people prefer bitcoin payment system.
Bitcoins problem is that there are a lot of coins that do the same things but better. For now bitcoin has the name and all , but i don't know how long that will help bitcoin stay on top.


Title: Re: Is bitcoin a better payment system?
Post by: jayveerastrullo on April 21, 2018, 02:50:07 PM
Yes it is . I think it is the second best payment system. It is secured and safe and you know how it works.


Title: Re: Is bitcoin a better payment system?
Post by: Betheng10 on April 21, 2018, 02:54:49 PM
The answer is that it often is not, at least for most people, most of the time. Eventually it will be the best payment system, but it needs to develop further, gain more adoption, and get over the scaling obstacles. Even so, Bitcoin is already the best payment system for certain use-cases, such as sending money across borders, or receiving money from someone you don't trust (which helps further in cross-border transactions).

Transaction fees makes it more expensive than it's actual price. It almost offers fees same as banks do. With regards to remittances, for example i'll be sending 5000php (95usd) I'll be charged with 500php (9.5usd) which is somehow near to bank transfer fees.

Besides that, some exchange sites charge expensively if you wanted to purchase bitcoin.


Title: Re: Is bitcoin a better payment system?
Post by: Genamant on April 21, 2018, 02:56:28 PM
The answer is that it often is not, at least for most people, most of the time. Eventually it will be the best payment system, but it needs to develop further, gain more adoption, and get over the scaling obstacles. Even so, Bitcoin is already the best payment system for certain use-cases, such as sending money across borders, or receiving money from someone you don't trust (which helps further in cross-border transactions).


At first it looked like it was a good way for payment. But now the time frame and transaction fees are not viable for payments. Maybe n the future if they can find a way to change the time frame and fees then maybe it will be a great payment system


Title: Re: Is bitcoin a better payment system?
Post by: dsaijz03 on April 21, 2018, 02:58:25 PM
For it's being known and most used cryptos it is not hard to say that they are better if they really are but I think Eth has better payment system for now because we can see that it is not impossible for Bitcoin to do.Still we need their payment system because some use Bitcoin to convert on fiat.


Title: Re: Is bitcoin a better payment system?
Post by: doraegun on April 21, 2018, 03:08:28 PM
The answer is that it often is not, at least for most people, most of the time. Eventually it will be the best payment system, but it needs to develop further, gain more adoption, and get over the scaling obstacles. Even so, Bitcoin is already the best payment system for certain use-cases, such as sending money across borders, or receiving money from someone you don't trust (which helps further in cross-border transactions).

Yes definitely right, bitcoin is a better payment system it is perfectly fastest and safest more than anything, expected within a minute transaction has been made without no hassle and no doubt secured and covered by master key address.


Title: Re: Is bitcoin a better payment system?
Post by: adpinbr on April 21, 2018, 03:16:03 PM
I think real payment is better than bitcoin payment because it is much more secure and you are at ease because you get to hold your own money. and when it comes to cryptocurrency payment I think ethereum is much better. Bitcoin is much slower than eth.


Title: Re: Is bitcoin a better payment system?
Post by: mulukey on April 21, 2018, 04:32:06 PM
Yes. Exactly like that. Bitcoin is used to pay for services quickly and efficiently. This is the advantage of bitcoin for humans. Just having the internet is paying people to be their service, meeting the needs of today's human development.


Title: Re: Is bitcoin a better payment system?
Post by: Morgann on April 21, 2018, 05:01:04 PM
for me yes it is better to use bitcoin as a payment method to all online shops and offline shops why ? because in this payment method we can eliminate the giving a changes for your payments because you can send exact ammount easily and very fast thats why this is good if they use bitcoin.


Title: Re: Is bitcoin a better payment system?
Post by: billysaputra on April 21, 2018, 05:01:26 PM
bitcoin should be the latest and best payment in accordance with today's technology, but today many bans make payments with bitcoins and require the use of money. so I think the use of bitcoin for payment still can not be maximized.


Title: Re: Is bitcoin a better payment system?
Post by: De Suga09 on April 21, 2018, 05:08:01 PM
The answer is that it often is not, at least for most people, most of the time. Eventually it will be the best payment system, but it needs to develop further, gain more adoption, and get over the scaling obstacles. Even so, Bitcoin is already the best payment system for certain use-cases, such as sending money across borders, or receiving money from someone you don't trust (which helps further in cross-border transactions).

Yes it is yet to be developed and it cannot be used yet by the common people especially that they have no access to the internet. In addition to what you said, advertisement of the use of bitcoin as a payment system must also be televised so that people will be informed of this option and more people will use it as a payment method.


Title: Re: Is bitcoin a better payment system?
Post by: hualangktsld841 on April 21, 2018, 05:10:05 PM
Bitcoin is a better speculative system. It should be more accurate. Bitcoin has no advantage over other coins, and bitcoin's transfer congestion and high cost problems have been the two major problems that have plagued it. We hope to see more news about the lightning network this year, and I believe a lot of people are looking forward to it.


Title: Re: Is bitcoin a better payment system?
Post by: boty on April 21, 2018, 05:10:26 PM
The answer is that it often is not, at least for most people, most of the time. Eventually it will be the best payment system, but it needs to develop further, gain more adoption, and get over the scaling obstacles. Even so, Bitcoin is already the best payment system for certain use-cases, such as sending money across borders, or receiving money from someone you don't trust (which helps further in cross-border transactions).

I think personally of course bitcoin is an alternative or solution as a payment that has a payment method that has a high level of encryption and has a point in some vast area which means data can never be lost, always connected to ketujuan and delivery very fast, so according my bitcoin is the best payment method.


Title: Re: Is bitcoin a better payment system?
Post by: jcpone on April 21, 2018, 05:12:31 PM
In my opinion yes,  bitcoin is have a better payment system and for having internet it is easy to transact payments,  less time assumed but as of now,  bitcoin payment system is need or still improve the payments and transaction and in the internet world.


Title: Re: Is bitcoin a better payment system?
Post by: signup01 on April 21, 2018, 05:13:15 PM
The answer is that it often is not, at least for most people, most of the time. Eventually it will be the best payment system, but it needs to develop further, gain more adoption, and get over the scaling obstacles. Even so, Bitcoin is already the best payment system for certain use-cases, such as sending money across borders, or receiving money from someone you don't trust (which helps further in cross-border transactions).
to be a good payment system because it is more practical but on condition of course the whole world inaugurates bitcoin as the payment currency recognized countries around the world


Title: Re: Is bitcoin a better payment system?
Post by: 19nataliya12 on April 21, 2018, 05:46:32 PM
In general, there are three reasons why Bitcoin is sometimes considered anonymous.

First, unlike bank accounts and most other payment systems, Bitcoin addresses are not tied to the identity of users at the protocol level. Any person at any time can create a new, completely random Bitcoin address (and a personal key associated with it) without having to provide someone with their personal data.

Secondly, transactions are also not tied to the identity of users. Therefore, any user can successfully transfer bitcoins from any address from which he has a personal key to any other address. No one needs to disclose any personal information. As in the case of physical cash, the recipient does not necessarily need to know who acts as the originator of the funds.

And thirdly: Bitcoin transaction data is transmitted and forwarded by nodes to a random set of peer-to-peer nodes. Although Bitcoin nodes communicate with each other using IP addresses, they can not know whether the data of the transaction they made was created by the node with which they entered into communication, or the latter simply performed the function of forwarding such data.


Title: Re: Is bitcoin a better payment system?
Post by: Hassan02 on April 21, 2018, 05:49:33 PM
In my opinion yes,  bitcoin is have a better payment system and for having internet it is easy to transact payments,  less time assumed but as of now,  bitcoin payment system is need or still improve the payments and transaction and in the internet world.
Depends on the situation and this is only reliable to make as a payment if the transaction is online and you dont have anytime to go for what may you ever have to do on it.


Title: Re: Is bitcoin a better payment system?
Post by: Spaffin on April 21, 2018, 05:51:28 PM
The answer is that it often is not, at least for most people, most of the time. Eventually it will be the best payment system, but it needs to develop further, gain more adoption, and get over the scaling obstacles. Even so, Bitcoin is already the best payment system for certain use-cases, such as sending money across borders, or receiving money from someone you don't trust (which helps further in cross-border transactions).
Unfortunately, now bitcoin is far from the best payment system for everyday purchases. Perhaps it will become so in the future. We are promised by September to introduce a network of lightning, which can significantly improve the speed of its transactions and almost zero commission fees. I also read that in the future it will be possible to bring a mobile phone at any retail outlet to the reader and it will shoot a certain amount of bitcoin for the purchased purchase. That's when, perhaps, bitcoin will become the best payment system.


Title: Re: Is bitcoin a better payment system?
Post by: rickyNmorty on April 21, 2018, 05:52:48 PM
Bitcoin as a currency proves more than worthy of the said purpose. The only reason why they couldn't officially consuder bitcoin as a curency is because pf certain shortcomings that could be solved. I don't think thst at tge cureent moment bitcoin could be a better payment system. There are other cryptocurrencies out there that prove to have a better project than bitcoin anyways.


Title: Re: Is bitcoin a better payment system?
Post by: WannaCry on April 21, 2018, 06:58:34 PM
I strongly agree about the better payment system. Bitcoin got a fast transaction when it comes in paying bills and also sending. bitcoin is a good investment and also decentralized.


Title: Re: Is bitcoin a better payment system?
Post by: wolfracer on April 21, 2018, 08:37:11 PM
The answer is that it often is not, at least for most people, most of the time. Eventually it will be the best payment system, but it needs to develop further, gain more adoption, and get over the scaling obstacles. Even so, Bitcoin is already the best payment system for certain use-cases, such as sending money across borders, or receiving money from someone you don't trust (which helps further in cross-border transactions).

Consider Bitcoin as the best payment method is still questioned because the disadvantages that this practice brings are greater than its advantages.
Only on specific occasions does bitcoin act in such a way, and between it, we find when the transactions are international since it facilitates the immediate ones of the same one.


Title: Re: Is bitcoin a better payment system?
Post by: Sparkl on April 21, 2018, 09:06:27 PM
Better then real money? Of course yes.But the best in all cryptocurrency ? No.I think that better payment system is eth.
No for me it is the only bitcoin which has a lot of good and positive feature no currency has more positive and good use than bitcoin, it is very easy to pay for everything in life related to bitcoin. bitcoin has now fast transaction and one more thing that we cannot say ETH is better than bitcoin, if we look at the demand and price bitcoin is 100% better choice and I will chose the one and only  bitcoin to pay for all kind of goods I will buy in my life.


Title: Re: Is bitcoin a better payment system?
Post by: Elerntta on April 21, 2018, 09:49:23 PM
I really believe that bitcoin will be able to transform the modern payment system and make it much more convenient and safer. We have to wait this time.


Title: Re: Is bitcoin a better payment system?
Post by: lida311993 on April 21, 2018, 09:59:22 PM
I am very attracted to the very concept of bitcoin, it can really be convenient for us, it will be just a great payment system. Humanity needs bitcoin.


Title: Re: Is bitcoin a better payment system?
Post by: Pyr3x on April 21, 2018, 10:01:55 PM
Of course, it will be a great payment system, but bitcoin will continue to develop, it will be an excellent alternative to the modern currency.


Title: Re: Is bitcoin a better payment system?
Post by: ogtejiri on April 21, 2018, 10:05:48 PM
Apart from cross-borders transactions, i don't think Bitcoin can be said to be a better payment system for now because it is yet to gain the trust of most people and organizations. And to the best of m knowledge,  there are more governments than none who has not legalized Bitcoin in their countries.


Title: Re: Is bitcoin a better payment system?
Post by: Nedrek on April 21, 2018, 10:18:53 PM
The answer is that it often is not, at least for most people, most of the time. Eventually it will be the best payment system, but it needs to develop further, gain more adoption, and get over the scaling obstacles. Even so, Bitcoin is already the best payment system for certain use-cases, such as sending money across borders, or receiving money from someone you don't trust (which helps further in cross-border transactions).

The problem of bitcoin as a means of payment is not only in scaling and transaction costs. The problem is also drowned out in the fact that it is not trusted by ordinary people. So far, few shops and consonant campaigns sell their goods and services for bitcoins. But I'm sure that the time will come and bitcoin will replace dollars.


Title: Re: Is bitcoin a better payment system?
Post by: Btcepoy11 on April 21, 2018, 10:26:10 PM
For me bitcoin is better payment system, it is easy to access, easy to use. But it needs development, and need to advertise more. Having or make some siminar, to educate more people and deeply understand what really bitcoin it is.


Title: Re: Is bitcoin a better payment system?
Post by: terlesbogli on April 21, 2018, 10:29:50 PM
Bitcoin payment system i think less hassle than real money transactions. But banks not accepts this type of transactions here in my country there's many news about bitcoin that people should be careful in buying bitcoins because many citizens in my country are often scam. But i don't think that there will a problem in btc transactions. For me it's a good idea.


Title: Re: Is bitcoin a better payment system?
Post by: Heartseed on April 21, 2018, 10:30:33 PM
I think bitcoin is a better payment system than real money. It is much better, easier and reliable than the real money. It is also efficient since you only need to remember your password in order to have your money. Just always make sure that you are not accessing website that you could get phished and get your money stolen. So make sure your account is safe. That is the pnlycthing you need to do.


Title: Re: Is bitcoin a better payment system?
Post by: Yamifoud on April 21, 2018, 10:33:11 PM
It can't be consider right now since only few establishment are accepting it and numbers of users are still few also. A lot of people consider this only as an investment only but not as a currency just like fiat. It looks like, people are now focusing on investing crypto but not the way they used it as for payments purposes.


Title: Re: Is bitcoin a better payment system?
Post by: neoandtrinity on April 21, 2018, 10:52:23 PM
I think BTC  more important than a payment system, it's like gold, you don't need to use it to make payments.


Title: Re: Is bitcoin a better payment system?
Post by: JL421 on April 21, 2018, 11:02:02 PM
Nah it wasn't really created to be a payment system so there is no chance on earth it will be able to fulfil or replace the current payment system , the fees has been reduced and the speed is also increased drastically but it is not adopted widely which is one reason you can't consider it as a payment system


Title: Re: Is bitcoin a better payment system?
Post by: nightfury on April 21, 2018, 11:06:20 PM
Yes of course and that's the main purpose of its creator (Satoshi Nakamoto) before he/they launched bitcoin 10 years ago. Those entities who are using bitcoin as mode of their payment system said that their transaction is way better faster and cheaper than that of traditional one.


Title: Re: Is bitcoin a better payment system?
Post by: Tszone on April 21, 2018, 11:09:05 PM
yes bitcoin is a better payment system as payment with bitcoin makes transactions a lot faster and safer. it is preferable to payment with fiat currency.


Title: Re: Is bitcoin a better payment system?
Post by: aryaadikariyansyahsuwarto on April 21, 2018, 11:15:24 PM
that's right, my answer is no, because bitcoin is still not systematic, and there are still many fundamental error errors in the transfer process, and it's also a bit complicated if we make payments via bitcoin, especially if the country is bitcoin banned, it will be more complicated the process. therefore better find another way out, or through cash payment will be more secure. for that more thought again the best payment to be done, so as not to harm each other.


Title: Re: Is bitcoin a better payment system?
Post by: atetess on April 21, 2018, 11:19:10 PM
The answer is that it often is not, at least for most people, most of the time. Eventually it will be the best payment system, but it needs to develop further, gain more adoption, and get over the scaling obstacles. Even so, Bitcoin is already the best payment system for certain use-cases, such as sending money across borders, or receiving money from someone you don't trust (which helps further in cross-border transactions).

Yes,  i guess it is more effective payment system because it can access anytime thru phone as long as you have the internet connection with you.  It is also more convenient payment system than with our current system wherein we need to go in different establishments to pay our bills.


Title: Re: Is bitcoin a better payment system?
Post by: Pier7 on April 21, 2018, 11:30:43 PM
Yes of course, bitcoin is a better payment system. This is also the primary reason why bitcoin was created, so that we can send funds directly to anyone anywhere in the world without the delay and hassle free.


Title: Re: Is bitcoin a better payment system?
Post by: The Monkey King on April 21, 2018, 11:33:50 PM
The answer is that it often is not, at least for most people, most of the time. Eventually it will be the best payment system, but it needs to develop further, gain more adoption, and get over the scaling obstacles. Even so, Bitcoin is already the best payment system for certain use-cases, such as sending money across borders, or receiving money from someone you don't trust (which helps further in cross-border transactions).

I agree. Bitcoin would be yje best payment system if applied. In the future, fastest transaction wohld be implemented and bitcoin will play a part of it. Transactions would be cardless and all you need to do is to keep your bitcoins and your phone with bitcoin in order for you to send and receive money without barriers. I can't want to know that this systen is starting to implement nowadays.


Title: Re: Is bitcoin a better payment system?
Post by: Roman Coinson on April 21, 2018, 11:40:36 PM
I think, that the ether is much more comfortable, as payment system, because of its speed


Title: Re: Is bitcoin a better payment system?
Post by: Ishiro5 on April 21, 2018, 11:55:54 PM
Certainly not at the current stage, we still need some improvement to the technology and perhaps a robust kind of self regulatory mechanism, then it will not only be a better payment system, but the most preferred. The recent lightning network integration is a step in the right direction, drastically reducing transaction fees and effectively speeding up transactions, segwit was also a good move. We would need to see more of this for us to get there.


Title: Re: Is bitcoin a better payment system?
Post by: yerger on April 22, 2018, 12:33:19 AM
Nope, It's bad idea. The price are not stable, How we can make Bitcoin as payment system? although it is applied, I will not use it. It's just like using gold as a payment system. And when you spend your Bitcoin you will regret it when you know the price goes up.


Title: Re: Is bitcoin a better payment system?
Post by: dillpicklechips on April 22, 2018, 12:57:10 AM
I don't think bitcoin is a better payment system but I do believe that if bitcoin is fully developed I think will considered it as a better. As you can see now bitcoin was not yet fully developed but it brings a lot of advantages what if it reached its true potential? bitcoin transaction is easy to use and faster it has no limitation and borderless. It is good especially when it comew to online and international transactions.


Title: Re: Is bitcoin a better payment system?
Post by: izzabel on April 22, 2018, 01:26:25 AM
The answer is that it often is not, at least for most people, most of the time. Eventually it will be the best payment system, but it needs to develop further, gain more adoption, and get over the scaling obstacles. Even so, Bitcoin is already the best payment system for certain use-cases, such as sending money across borders, or receiving money from someone you don't trust (which helps further in cross-border transactions).
Yes bitcoin is a better payment system we can use it for payment receiving money and a lot more for easy transactions


Title: Re: Is bitcoin a better payment system?
Post by: Revolvere on April 22, 2018, 01:35:57 AM
I think blockchain is more than just a payment system. Perhaps in the future any system involving the community will adopt this technology. Including refugee data though.


Title: Re: Is bitcoin a better payment system?
Post by: boynamnhi on April 22, 2018, 01:44:54 AM
For me, Bitcoin is a very good international online payment system. But with the arrival of more digital coins in the technology frontier, Bitcoin itself has to improve its payment speed to meet the leading role in digital finance.


Title: Re: Is bitcoin a better payment system?
Post by: jchav010101 on April 22, 2018, 01:46:14 AM
Bitcoin is the best digital currency used as the better payment system, it is advantageous to use because it has the potential to become the most useful billing system.Bitcoin is fast and cost-effective, reducing dependence on third parties. We can take the initiative to forward it at any time.


Title: Re: Is bitcoin a better payment system?
Post by: xlcus on April 22, 2018, 01:50:22 AM
I don't think Bitcoin is a better payment system. There are a lot of 2nd generation blockchain coins which are better than Bitcoin. But Bitcoin is the most popular .


Title: Re: Is bitcoin a better payment system?
Post by: shoujiuhaituo7 on April 22, 2018, 01:55:10 AM
Bitcoin is a consensual network that has led to a new payment system and a fully digital currency.
It is the first decentralized peer-to-peer payment network that can pay and receive any amount of money anytime, anywhere. No bank holidays, no borders, no imposition. Bitcoin allows its users to completely control their money.


Title: Re: Is bitcoin a better payment system?
Post by: dodz031718 on April 22, 2018, 02:01:43 AM
Bitcoin transaction payment has the advantage because it is easy to use and easy to buy.Making it as our payment system is a good idea.Bitcoin is prepared for the future, so I think bitcoin is the right currency for the future wherein later in the world already using digital technology.


Title: Re: Is bitcoin a better payment system?
Post by: BigBos on April 22, 2018, 02:05:23 AM
I don't think Bitcoin is a better payment system. There are a lot of 2nd generation blockchain coins which are better than Bitcoin. But Bitcoin is the most popular .
good or not, sometimes everyone has different opinions, because in fact, until recently, the use of bitcoin as a transaction tool is still only used. well, it can be said, that big investors are also behind all this. so, it can be said that bitcoin has one payment system


Title: Re: Is bitcoin a better payment system?
Post by: Ethan Argu on April 22, 2018, 02:05:47 AM
For me yes! They have better payment system when it comes to giving the advantage to provide the better system of giving the profit of each person.


Title: Re: Is bitcoin a better payment system?
Post by: wave1002012 on April 22, 2018, 02:12:14 AM
For me yes! They have better payment system when it comes to giving the advantage to provide the better system of giving the profit of each person.

Yes of course, It is safe for customer from robbery who handle money for payment, with this also our work will be easy considering transaction is through internet and no more physical appearance.


Title: Re: Is bitcoin a better payment system?
Post by: Ahimoth on April 22, 2018, 02:20:04 AM
For me yes! They have better payment system when it comes to giving the advantage to provide the better system of giving the profit of each person.

Yes of course, It is safe for customer from robbery who handle money for payment, with this also our work will be easy considering transaction is through internet and no more physical appearance.

For some transactions it is. For large transactions maybe. It really depends on the situation. For small day to day transactions, maybe not yet because of its volatility making bitcoin a really good investment. Maybe it only needs more time to be  convenient as a mode of payment for day to day transactions.


Title: Re: Is bitcoin a better payment system?
Post by: collins3 on April 22, 2018, 02:21:09 AM
Many people are concerned about the speed and fees in the Bitcoin payments. With technological improvements, all doubts about it will be resolved. Bitcoin will be the best choice for you in the future.


Title: Re: Is bitcoin a better payment system?
Post by: elbimbo012 on April 22, 2018, 02:23:37 AM
The answer is that it often is not, at least for most people, most of the time. Eventually it will be the best payment system, but it needs to develop further, gain more adoption, and get over the scaling obstacles. Even so, Bitcoin is already the best payment system for certain use-cases, such as sending money across borders, or receiving money from someone you don't trust (which helps further in cross-border transactions).
I may say its not the better mode of payment compared to othe ways but for convenient payment I think bitcoin is one of it. considering bitcoin payment is online you don't need to go to the payment center and fall in line bitcoin can be done according to your time with no cut off time.


Title: Re: Is bitcoin a better payment system?
Post by: Periodik on April 22, 2018, 02:26:43 AM
The answer is that it often is not, at least for most people, most of the time. Eventually it will be the best payment system, but it needs to develop further, gain more adoption, and get over the scaling obstacles. Even so, Bitcoin is already the best payment system for certain use-cases, such as sending money across borders, or receiving money from someone you don't trust (which helps further in cross-border transactions).

There are certain aspects of Bitcoin as a system of payment that are not that good, at the same time there are also aspects that we can consider really great. Bitcoin is a better payment system because it is accepted in the international scale, and without getting through some third parties. In addition, without necessarily revealing personal information. It is also not so good in that the fee involved is not that cheap and the processing time may not be that fast at times. It is in these particular areas where Bitcoin needs improvement.  


Title: Re: Is bitcoin a better payment system?
Post by: susuberuang on April 22, 2018, 02:28:45 AM
The answer is that it often is not, at least for most people, most of the time. Eventually it will be the best payment system, but it needs to develop further, gain more adoption, and get over the scaling obstacles. Even so, Bitcoin is already the best payment system for certain use-cases, such as sending money across borders, or receiving money from someone you don't trust (which helps further in cross-border transactions).

I think bitcoin is great for a good payment system because with bitcoin you can send money anywhere to any country quickly and with cheap shipping costs, you can also see your transaction transactions and everyone and can not be stolen. I think that's some of the advantages of using bitcoin as a payment system.


Title: Re: Is bitcoin a better payment system?
Post by: sekop on April 22, 2018, 02:33:32 AM
It can't be considered right now since only a few establishments are accepting it and numbers of users are still few also. A lot of people consider this only as an investment only but not as a currency just like fiat. It looks like, people are now focusing on investing crypto but not the way they used it as for payments purposes.
You are right until now people are more inclined to use crypto as an investment tool, not for payment transaction tool. It may take a very long time to apply bitcoin as a means of payment, in crypto, there is not the only bitcoin, but there are also many altcoins. If only bitcoins are used as a transaction tool, what about the others? In addition to the current many countries in the world that prohibit the use of crypto, there are only a few in this world that the company received crypto. So it will be very difficult bitcoin penetrate into a payment transaction tool.


Title: Re: Is bitcoin a better payment system?
Post by: reighbut2017 on April 22, 2018, 02:38:21 AM
It can't be considered right now since only a few establishments are accepting it and numbers of users are still few also. A lot of people consider this only as an investment only but not as a currency just like fiat. It looks like, people are now focusing on investing crypto but not the way they used it as for payments purposes.
You are right until now people are more inclined to use crypto as an investment tool, not for payment transaction tool. It may take a very long time to apply bitcoin as a means of payment, in crypto, there is not the only bitcoin, but there are also many altcoins. If only bitcoins are used as a transaction tool, what about the others? In addition to the current many countries in the world that prohibit the use of crypto, there are only a few in this world that the company received crypto. So it will be very difficult bitcoin penetrate into a payment transaction tool.

I Agree, this is one of the best payment with paperless transaction and can be use to send worldwide which i think is the big advantageous the other payment system.


Title: Re: Is bitcoin a better payment system?
Post by: ondabeat on April 22, 2018, 04:30:35 AM
Bitcoin is used for inter-country transactions because of less funds and instant trasfer. This helps in saving a lot of money transfer costs. Also, Bitcoin is the primary payment system on the dark web. Bitcoin can actually be a good payment system but its adoption is quite low and still depends on fiat currency. Bitcoin requires more revenue by retailers and merchants to increase its utility.


Title: Re: Is bitcoin a better payment system?
Post by: Raven91 on April 22, 2018, 04:42:34 AM
The answer is that it often is not, at least for most people, most of the time. Eventually it will be the best payment system, but it needs to develop further, gain more adoption, and get over the scaling obstacles. Even so, Bitcoin is already the best payment system for certain use-cases, such as sending money across borders, or receiving money from someone you don't trust (which helps further in cross-border transactions).
right now I think it's not yet the best way because people still depends on the money or paper and coin money some are afraid to use cryptocurrency in paying their expenses also some companies or business do not accept internet money they believe that this is not a real money or some scamming techniques but I believe that in the future time this may be the best way to pay our expenses because it's very convenient but first people should know about cryptocurrency and adopt the changes that will or that is happening in the world of cypto.


Title: Re: Is bitcoin a better payment system?
Post by: Ramtapsbtc on April 22, 2018, 04:52:18 AM
The answer is that it often is not, at least for most people, most of the time. Eventually it will be the best payment system, but it needs to develop further, gain more adoption, and get over the scaling obstacles. Even so, Bitcoin is already the best payment system for certain use-cases, such as sending money across borders, or receiving money from someone you don't trust (which helps further in cross-border transactions).

bitcoin is a better payment system because it's easy access and faster and hassle free transactions but it is difficult using this for now because there are still people who are afraid and won't trust it. This needs further learning and information drive.


Title: Re: Is bitcoin a better payment system?
Post by: market field on April 22, 2018, 04:52:20 AM
It can't be considered right now since only a few establishments are accepting it and numbers of users are still few also. A lot of people consider this only as an investment only but not as a currency just like fiat. It looks like, people are now focusing on investing crypto but not the way they used it as for payments purposes.
You are right until now people are more inclined to use crypto as an investment tool, not for payment transaction tool. It may take a very long time to apply bitcoin as a means of payment, in crypto, there is not the only bitcoin, but there are also many altcoins. If only bitcoins are used as a transaction tool, what about the others? In addition to the current many countries in the world that prohibit the use of crypto, there are only a few in this world that the company received crypto. So it will be very difficult bitcoin penetrate into a payment transaction tool.

I Agree, this is one of the best payment with paperless transaction and can be use to send worldwide which i think is the big advantageous the other payment system.
I agree with what you are saying. That is a good way to pay when we buy items from different countries. It's an easy way to trade. This is very convenient. And now I see a lot of ICO projects being applied to very good payments.


Title: Re: Is bitcoin a better payment system?
Post by: mkhadazz on April 22, 2018, 04:59:24 AM
The answer is that it often is not, at least for most people, most of the time. Eventually it will be the best payment system, but it needs to develop further, gain more adoption, and get over the scaling obstacles. Even so, Bitcoin is already the best payment system for certain use-cases, such as sending money across borders, or receiving money from someone you don't trust (which helps further in cross-border transactions).

of course bitcoin is the safest payment system and very easy to use not only that bitcoin also its delivery process is very fast and requires a very cheap shipping cost to be dikrim anywhere between countries around the world.


Title: Re: Is bitcoin a better payment system?
Post by: LumeenaThuwan on April 22, 2018, 06:39:17 AM
In the present time money is the main payment system. When we compare with money, bitcoin also a good payment method, but it should develop with the time. In the present time money is essential payment method because all external environment factors created to depend on the money. As a internet payment system bitcoin take a major role. But bitcoin has not yet developed to overcome money. I think bitcoin will be a better payment system in future time.


Title: Re: Is bitcoin a better payment system?
Post by: heureca on April 22, 2018, 06:53:25 AM
I think that BTC is not the best payment tool. Moreover, I will not pay in BTC for something like shop goods and etc. We have a lot of criptocurrencies with very fast transaction speed and low transaction fees and it is better to use it for payments.


Title: Re: Is bitcoin a better payment system?
Post by: Crypdon on April 22, 2018, 07:31:58 AM
Depends on how you are going to use it. Yes it is better for transferring funds across the globe, but for small payments like buying a newspaper, fiat cash is a better option as it is quicker. Bitcoin has it's uses, but needs to develop more to be a real everyday payment system


Title: Re: Is bitcoin a better payment system?
Post by: fianaindriati on April 22, 2018, 07:51:59 AM
I think that BTC is not the best payment tool. Moreover, I will not pay in BTC for something like shop goods and etc. We have a lot of criptocurrencies with very fast transaction speed and low transaction fees and it is better to use it for payments.
there is a good taste and there is no good use of the bitcoin actually, because bitcoin is there are drawbacks too, we need to trust bitcoin to be used in our future.


Title: Re: Is bitcoin a better payment system?
Post by: vorseb on April 22, 2018, 07:52:21 AM
Do you want to make digital gold as payment system? I think nope, because bitcoin is more valuable. The price can go up over time. Why not just save it than give to other people.


Title: Re: Is bitcoin a better payment system?
Post by: gunungkembar on April 22, 2018, 08:04:06 AM
The answer is that it often is not, at least for most people, most of the time. Eventually it will be the best payment system, but it needs to develop further, gain more adoption, and get over the scaling obstacles. Even so, Bitcoin is already the best payment system for certain use-cases, such as sending money across borders, or receiving money from someone you don't trust (which helps further in cross-border transactions).

I see if bitcoin is used as a means of payment of course bitcoin is the best payment system at this time because bitcoin can also be sent anywhere with a very fast delivery and has a very high level of security.


Title: Re: Is bitcoin a better payment system?
Post by: Johnabraham on April 22, 2018, 08:12:34 AM
bitcoin is not a best payment system Bitcoin is easy to use and easy to transaction. but It's costly to transfer but you anywhere sending payment without concern for currency conversation .Every one know that Bitcoin high volatility, it is very difficult to regulate the price .


Title: Re: Is bitcoin a better payment system?
Post by: jeronimosuykens on April 22, 2018, 08:13:53 AM
The answer is that it often is not, at least for most people, most of the time. Eventually it will be the best payment system, but it needs to develop further, gain more adoption, and get over the scaling obstacles. Even so, Bitcoin is already the best payment system for certain use-cases, such as sending money across borders, or receiving money from someone you don't trust (which helps further in cross-border transactions).

bitcoin is a better payment system because it's easy access and faster and hassle free transactions but it is difficult using this for now because there are still people who are afraid and won't trust it. This needs further learning and information drive.
I think so too. Bitcoin will become a good paying system with low service fees. Many people will use bitcoin to pay for their services without having to carry large amounts of cash. Future bitcoin will be supported by modern blockchain technology and billing system of bitcoin will grow more and more.



Title: Re: Is bitcoin a better payment system?
Post by: Adv Tahmina on April 22, 2018, 08:27:22 AM
Bitcoin is easy to use and easy to buy. Bitcoin will be the best choice for you in the future. Now I see a lot of ICO projects being applied to very good payments.


Title: Re: Is bitcoin a better payment system?
Post by: fklfyl on April 22, 2018, 08:31:59 AM
Bitcoin is the world's first decentralized digital currency and online payment system. Using this currency, users can conduct transactions without the intervention of third-party intermediaries (such as banks).
All transactions between Bitcoin users are verified by the network node and recorded in an open shared ledger called a blockchain. The user log also shows the record of each transaction. Therefore, as long as there is a balance that can be spent in the wallet, transactions can be made. Bitcoin payment systems use seed or private keys to prevent thieves from stealing Bitcoin in wallets and prevent Bitcoin from being lost or duplicated in the blockchain.

The process of confirming a transaction (usually starting within 10 minutes) or keeping a service record is called mining. Computers involved in such processes are called network nodes. The maximum number of Bitcoin that can be created (the revenue that can be obtained through the mining process) is 21 million. Bitcoin creation will be halved every four years until it reaches the upper limit.


Title: Re: Is bitcoin a better payment system?
Post by: brickafterbrickwalldpt on April 22, 2018, 08:35:46 AM
In my opinion, Bitcoin is a better currency for payments, especially online ones. It is tidious to login to a bank account and then clicking a lot of things in order to pay just a few bucks for something. With Bitcoin, the only thing you have to do is to scan a QR code. Some banks have their own mobile apps but still you have to depend on them if you want to send transactions. Lightning Network transactions are instant and far more secure than entering your credit card credentials. I would choose Bitcoin over conventional ways of paying for services.


Title: Re: Is bitcoin a better payment system?
Post by: Rkss4 on April 22, 2018, 08:40:11 AM
Yes bitcoin is a good payment system. Many online crypto jobs payment is directly paid by bitcoin and Ethereum. Bitcoin payments system is very easy and flexible. No extra problems and quick transaction.


Title: Re: Is bitcoin a better payment system?
Post by: copoyes on April 22, 2018, 08:51:46 AM
bitcoin can be as good payment but the problem is in send fee
which is so big and sometimes long reach may be that it is still a constraint


Title: Re: Is bitcoin a better payment system?
Post by: ringgo96 on April 22, 2018, 08:58:36 AM
I feel less right because now bitcoin requires a large fee and also if the fee is reduced we have to wait much longer so that funds can be confirmed this is less suitable.


Title: Re: Is bitcoin a better payment system?
Post by: Kaan53 on April 22, 2018, 09:13:23 AM
Bitcoin is not a much better payment system at the moment because it has not started to be used by everybody but it is not enough in a few stores or shops but after a few years it can be called the best payment system so we invest more in investors and do not break the morals I advise them to invest a lot because I think that they will eat their fruits in the future.


Title: Re: Is bitcoin a better payment system?
Post by: Tan_avia)vl. on April 22, 2018, 09:32:21 AM
Of course, Bitcoin is for those who are involved in Kriptomire, the best payment system. But, like everything in the world, and this development by inclined layers should still develop and improve. I think we'll come to the so that Bitcoin will become as legal as the euro and dollars.


Title: Re: Is bitcoin a better payment system?
Post by: jpaul on April 22, 2018, 09:32:56 AM
If Bitcoin manages to fix its scalability issues than bitcoin is a way better payment system than any other traditional system. Also with the recent Paypal fixed fees increase and other issues it only shows that Bitcoin is the future. With lightning network I think Bitcoin will be able to fix the scalability issue its facing.


Title: Re: Is bitcoin a better payment system?
Post by: coinmaster241 on April 22, 2018, 09:33:53 AM
In my opinion, Bitcoin is a better currency for payments, especially online ones. It is tidious to login to a bank account and then clicking a lot of things in order to pay just a few bucks for something. With Bitcoin, the only thing you have to do is to scan a QR code. Some banks have their own mobile apps but still you have to depend on them if you want to send transactions. Lightning Network transactions are instant and far more secure than entering your credit card credentials. I would choose Bitcoin over conventional ways of paying for services.
Of course, Tegulations on the bank becomes our obstacle to transact anywhere quickly. The bank is also fast but the obstacle as you mean. Too complicated for implementation and time consuming. No need to bother to ATM / Bank for any transaction.


Title: Re: Is bitcoin a better payment system?
Post by: PrinceCaspian on April 22, 2018, 09:35:20 AM
Bitcoin is easy to use. Bitcoin is a better payment. Bitcoin is dexentralized it may be slow in transaction but it got low fee and also there is a lot of online jobs that directly pay bitcoin. So bitcoin is a better payment among all crypto.


Title: Re: Is bitcoin a better payment system?
Post by: lucy94 on April 22, 2018, 10:10:58 AM
Maybe not in the current present but it could be in the near future!


Title: Re: Is bitcoin a better payment system?
Post by: Yantoaja on April 22, 2018, 10:15:02 AM
Can be spelled out yes, because i think the bitcoin can be said more easily in use to pay what we want to buy. More simple using bitcoin for payment. I would be very sure that bitcoin for the future will be in place to pay using bitcoin. Even now we can buy something with bitcoin but still in a particular store, meaning the store that already allows bitcoin in the place.


Title: Re: Is bitcoin a better payment system?
Post by: pigtalk on April 22, 2018, 11:03:48 AM
Hello. I think there are still a lot of good ICO. Like Marinecoìn.Why am I taking a break?First: Marinecoìn -MTC- is based on artificial intelligence.Dev-less does not depend on miners.Second: Marital Time trial of -MTC- It was launched in 2014, and there was a time when 1-MTC- = 1.29 dollars.Third: Marinecoìn has a community of over 3000 members. Currently -MTC- is giving 20000 -MTC- a day for members to follow their request.for proof of promotion. join here marineco.ìn


Title: Re: Is bitcoin a better payment system?
Post by: munareal on April 22, 2018, 11:06:58 AM
You control your transactions with bitcoin payment as you sent  payment at your convenient any time of the day you want.Send and receive payment across trans border countries with very  low transaction fees . Transactions are also transparent and your information are not needed when you transact with bitcoin.
 


Title: Re: Is bitcoin a better payment system?
Post by: LogitechMouse on April 22, 2018, 11:14:58 AM
Using bitcoin in micro transactions for me is not good and there are other altcoins that you can use as a payment system such as LTC, DOGE, NANO etc. If you compare crypto to fiat then I rather choose crypto because you can just send your money into them by just using your smartphone and internet not like money that you must go to a remittance center or banks to pay.


Title: Re: Is bitcoin a better payment system?
Post by: oni4an on April 22, 2018, 11:15:55 AM
Bitcoin as a means of nakomplenija. If we consider as the best payment sestemu that is not, but I believe that in the future developers will fix the lack of speed of transactions and Bitcoin becomes even better.


Title: Re: Is bitcoin a better payment system?
Post by: letzdodiz on April 22, 2018, 11:20:50 AM
If for illegal activities yes. Because they can't track you if you use bitcoin as a mode in payment.


Title: Re: Is bitcoin a better payment system?
Post by: LodisMcguire on April 22, 2018, 11:23:45 AM
For now it's not because the volatility of the price in the market.Like you said,it's good for sending money overseas,that's why it's still treated as investment that will grow in the future.I think it will take a long time to make bitcoin as actual payment system.


Title: Re: Is bitcoin a better payment system?
Post by: Saveralll on April 22, 2018, 11:24:15 AM
bitcoin can be as good payment but the problem is in send fee
which is so big and sometimes long reach may be that it is still a constraint
the cost of bitcoin transaction depends on what wallet you use, usually there is a wallet provider who bear the transaction fee and some do not bear your transaction fee.


Title: Re: Is bitcoin a better payment system?
Post by: cloudproject on April 22, 2018, 11:26:11 AM
indeed bitcoin have better payment system then fiat money, cause we don't need of third parties to geting any succesful payment from or to any kind of people in alongside of the world like if we buying something in a far country from our postion it doesn't need any bank help ot waiting in long time to finish our transaction


Title: Re: Is bitcoin a better payment system?
Post by: dupee419 on April 22, 2018, 11:34:41 AM
Yes, Bitcoin is a better payment system, since it does not demand for anything, the only problem in bitcoin is that the transaction fees, and the transaction might take you several hours depending on the wallet and the location you are, next is the transaction fees, again some wallets bear with fees and some does not.


Title: Re: Is bitcoin a better payment system?
Post by: yndye on April 22, 2018, 12:08:34 PM
When compared to fiat money then it is better but when compared to cryptocurrencies then there are better options than bitcoin. I like bitcoin as payment option because it is easier for me to send someone funds even if I do not know his name or address which would be hard when I am using fiat money. Although confirmation time is quite slow compared to other crypto, some still prefer bitcoin because as for me, bitcoin or ethereum are the only option so that I can convert it to fiat. Eventually, bitcoin would be more attractive to use as payment option due to Lightning Network.


Title: Re: Is bitcoin a better payment system?
Post by: Coinlovertoo on April 22, 2018, 12:14:00 PM
Well if you say better .i would say it is the easiest way when it comes to payment system. No doubt,,! Bitcoin is the fastest and easiest to use.
And i think it is more affordable because you don't need to use fiat money.


Title: Re: Is bitcoin a better payment system?
Post by: niksxv on April 22, 2018, 12:21:33 PM
Definitely one of the best. It's easy to pay for your needs. Less hassle and good payment system. 


Title: Re: Is bitcoin a better payment system?
Post by: RodeoX on April 22, 2018, 12:25:40 PM
It is the best payment system in history. It is the most secure, the fastest, and the cheapest there is. A lot of people are going to argue that it is not. Because a lot of people don't understand bitcoin and have only the vaguest notion of traditional payment networks.

There is no question that it's better. Why do think this is all happening?


Title: Re: Is bitcoin a better payment system?
Post by: Sum24 on April 22, 2018, 01:12:59 PM
Yes it is . I think it is the second best payment system. It is secured and safe and you know how it works.
For me it is not second but for me it is the first best way of payment and I have found bitcoin better than fiat while paying for something, if you want to buy something from far away you will not have to go for it, you can easily pay using bitcoin for it, gradually bitcoin is being famous and strong web, so for me best currency to use for payment is bitcoin and I like while I pay with bitcoin because I know I am contributing in bitcoin popularity and I am trying to spread awareness about bitcoin, I am sure bitcoin is going to be the currency of the era soon.


Title: Re: Is bitcoin a better payment system?
Post by: mkcube on April 22, 2018, 01:16:35 PM
Tes it is,because un bitcoin transaction it is no hassle,it is the most secure  and the cheapest there is.Ni doubt,It is more affordable and  you dont need to use fiat money.It is nice also because it can travk you.


Title: Re: Is bitcoin a better payment system?
Post by: gordeevaverona on April 22, 2018, 01:19:58 PM
If we consider bitcoin as a payment system, while this is not very practical, but payment technology is constantly improving and developing, I think in the future when the system becomes ideal, it will become a really better payment system


Title: Re: Is bitcoin a better payment system?
Post by: Coinnosaurus on April 22, 2018, 01:24:30 PM
I think bitcoin is the best cryptocurrency. It can be the first payment method online in the future, it is making payments and trades easier and simpler for people around the world.


Title: Re: Is bitcoin a better payment system?
Post by: Bruce1614 on April 22, 2018, 01:25:50 PM
To be straightforward its affirm with whatever framework we have. I mean it is OK with me on the off chance that I gotta remain somewhat longer to get and send the installment. Which is even very little longer nowadays and just gets affirmed with 20 min window and that is good if bitcoin must offer so much important sticker price for us. I mean we additionally gain at disturbing rate from it and there is no stressing thing on the off chance that we need to pause while we are executing it. The advancements will dependably occur in the bitcoin and different coins as well however its constantly. What we can do at the present time is to keep the expectations in it and continue driving this tech in front of the time as it has dependably been.


Title: Re: Is bitcoin a better payment system?
Post by: SMD.Shuvo on April 22, 2018, 01:38:58 PM
Bitcoin is a very good payment system. Many people of the country have been financially benefited by this bit coins. Many unemployed youth Bitcoin works well with his family getting good payments and I too can take good care of this bitkayen's good payment. Finally, this bitcane is one of the largest payment systems.


Title: Re: Is bitcoin a better payment system?
Post by: Indra32 on April 22, 2018, 01:54:06 PM
Do you want to make digital gold as payment system? I think nope, because bitcoin is more valuable. The price can go up over time. Why not just save it than give to other people.

I admire one of the top crypto but make it safe in the field of crypto is innovating bitcoin and its features are an important issue now. As per the results I can feel that eterium is the best in the payment system.
The current affair says that bitcoin is not the best payment system to be improved in this area.


Title: Re: Is bitcoin a better payment system?
Post by: ajoygb on April 22, 2018, 02:07:04 PM
There always a reason to defend that Bitcoin is better payment system compare to real money.  For we know that as technologies grows and develops  it is more accessible and easy to transact with crypto Currency. That we don't need to go to the banks..


Title: Re: Is bitcoin a better payment system?
Post by: aysg76 on April 22, 2018, 02:34:37 PM
I think bitcoin is the best cryptocurrency. It can be the first payment method online in the future, it is making payments and trades easier and simpler for people around the world.
Undoubtedly, it is the best payment method as it is quite secure and easier one to make transactions and better than those of the traditional payment method as transactions are totally done online and from anywhere in the world. And with the technological advancements, this method is under the process of development and is becoming even more convenient to use...


Title: Re: Is bitcoin a better payment system?
Post by: Gandam23 on April 22, 2018, 02:37:05 PM
There always a reason to defend that Bitcoin is better payment system compare to real money.  For we know that as technologies grows and develops  it is more accessible and easy to transact with crypto Currency. That we don't need to go to the banks..
Yes ofcourse. It is really a good way of paying someone or any site. Or if you are invedting onlinne it is really a good and better way of depositing your money to any site because it needs internet connection to send it. Technology is really the reason why is it happening right now. Making the transaction so fast. And earning money so fast too.


Title: Re: Is bitcoin a better payment system?
Post by: AltCoinBuddah on April 22, 2018, 02:40:35 PM
I think that BTC is not the best payment tool. Moreover, I will not pay in BTC for something like shop goods and etc. We have a lot of criptocurrencies with very fast transaction speed and low transaction fees and it is better to use it for payments.


Title: Re: Is bitcoin a better payment system?
Post by: MaksDM on April 22, 2018, 02:43:05 PM
As a payment system bitcoin is really convenient especially when it comes to overseas translations. Moreover, more and more different products we can buy for bitcoin


Title: Re: Is bitcoin a better payment system?
Post by: Joriecoinbit on April 22, 2018, 02:45:30 PM
I think bitcoin is the best cryptocurrency. It can be the first payment method online in the future, it is making payments and trades easier and simpler for people around the world.
Undoubtedly, it is the best payment method as it is quite secure and easier one to make transactions and better than those of the traditional payment method as transactions are totally done online and from anywhere in the world. And with the technological advancements, this method is under the process of development and is becoming even more convenient to use...
Yes, as we compare to paper money in terms of payment we can't buy our wants in fastest way, we're the one who withdraw in the bank and pay with cash. I think the payment system of bitcoin has an advantage in near future than fiat because the progress and hi technology will adopting by people just to feel comfortable .The paper money will not diminish but it the bank system will reduce.


Title: Re: Is bitcoin a better payment system?
Post by: arsenti on April 22, 2018, 02:47:28 PM
It has got benefits for the sellers that the buyer cannot charge back. But there are issue like the payment not getting transferred instantly.


Title: Re: Is bitcoin a better payment system?
Post by: yummydex on April 22, 2018, 02:48:07 PM
The answer is that it often is not, at least for most people, most of the time. Eventually it will be the best payment system, but it needs to develop further, gain more adoption, and get over the scaling obstacles. Even so, Bitcoin is already the best payment system for certain use-cases, such as sending money across borders, or receiving money from someone you don't trust (which helps further in cross-border transactions).
Not all transaction but in some items like appliances you can use bitcoin as payment in some online store. I don't think  bitcoin is safe for payment in other transaction like sending money to other country.


Title: Re: Is bitcoin a better payment system?
Post by: onurgozupek on April 22, 2018, 02:49:52 PM
Bitcoin is not the best payment alternative but it's really a better alternative than using cash. Digital currency is easy to carry, secure and safe. Indeed there are faster alternatives to Bitcoin if speed is an issue. But Bitcoin is not built to be the fastest payment option it built to be anonymous, open and secure that everyone can trust.


Title: Re: Is bitcoin a better payment system?
Post by: ahilees palu son on April 22, 2018, 02:59:45 PM
Bitcoin is the best digital currency used as the better payment system, it is advantageous to use because it has the potential to become the most useful billing system.Bitcoin is fast and cost-effective, reducing dependence on third parties. We can take the initiative to forward it at any time.


Title: Re: Is bitcoin a better payment system?
Post by: PawanAggarwal on April 22, 2018, 03:09:39 PM
bitcoin is a better payment system in lot of areas such as across border with no language boundaries and recognised as a universal currency.


Title: Re: Is bitcoin a better payment system?
Post by: lushlifing on April 22, 2018, 03:11:33 PM
At the moment, no. But in the future, might be. Bitcoin and cryptos in general has endless potential to grow, so someone might develop a crypto wallet, for easier,offline, and faster payment.


Title: Re: Is bitcoin a better payment system?
Post by: WannaCry on April 22, 2018, 03:25:27 PM
The answer is that it often is not, at least for most people, most of the time. Eventually it will be the best payment system, but it needs to develop further, gain more adoption, and get over the scaling obstacles. Even so, Bitcoin is already the best payment system for certain use-cases, such as sending money across borders, or receiving money from someone you don't trust (which helps further in cross-border transactions).
Better in cash? Yes! Bitcoin got a better payment than cash. No hassle and long wait or queue to pay bills. Bitcoin is easy to use. I'm not talking the current situation but soon in the near future maybe they develop an offline wallet than can be a way of payment. It is more applicable in long distance transaction.


Title: Re: Is bitcoin a better payment system?
Post by: NotAtOld on April 22, 2018, 03:27:35 PM
Do you want to make digital gold as payment system? I think nope, because bitcoin is more valuable. The price can go up over time. Why not just save it than give to other people.


Title: Re: Is bitcoin a better payment system?
Post by: Petmalu001 on April 22, 2018, 03:28:39 PM
Well for me yes due to the unique nature of virtual currencies, there are some inherent advantages to transacting through Bitcoin that users of other

currencies do not get. Digital currencies are a relatively new and untested medium of exchange, and users should be careful to weigh their benefits and

risks. That said, Bitcoin appears to offer some unique possibilities.



Title: Re: Is bitcoin a better payment system?
Post by: 13risingforce on April 22, 2018, 04:54:44 PM
If bitcoin security is upgraded and upgraded. Maybe bitcoin will fit into a payment system that is suitable for the world economy.


Title: Re: Is bitcoin a better payment system?
Post by: josephpogi on April 22, 2018, 04:58:27 PM
The answer is that it often is not, at least for most people, most of the time. Eventually it will be the best payment system, but it needs to develop further, gain more adoption, and get over the scaling obstacles. Even so, Bitcoin is already the best payment system for certain use-cases, such as sending money across borders, or receiving money from someone you don't trust (which helps further in cross-border transactions).
Yes i am sure that bitcoin is better payment system becauase you can use this so easily you can transact money so fast and low feees so imagine if this cryptocurrency will become more popular maybe it will become our new currency hopefully .


Title: Re: Is bitcoin a better payment system?
Post by: Kriptomen_51 on April 22, 2018, 05:27:56 PM
At the moment, there are a lot of such systems. You can choose another convenient one. At the
same time, it is worth noting that all payment systems need to be simplified and improved. Since
not all users can immediately understand its work.


Title: Re: Is bitcoin a better payment system?
Post by: maot4 on April 22, 2018, 05:29:20 PM
IMO bitcoin is becoming more of a store of value there are many alternatives for payment like DASH / Litecoin which are cheaper from a transaction fee perspective, but BTC is still the most widely adopted


Title: Re: Is bitcoin a better payment system?
Post by: christabits on April 22, 2018, 05:38:21 PM
I have the confidence mind to say YES that bitcoin is a better payment because since bitcoins was introduced to the world, it has turned into a billion dollar market and have bee n designated a currency, it has been recognized as a means of better payment currency.


Title: Re: Is bitcoin a better payment system?
Post by: TamTrang on April 22, 2018, 05:53:37 PM
Bitcion is not the best paid system yet. At this time not the majority of people trust most of it, the number of transactions is low. But in the future, Bitcoin will be more popular and will be a better payment system now.


Title: Re: Is bitcoin a better payment system?
Post by: Janna_MaMa on April 22, 2018, 06:06:16 PM
I think BTC don't better ViSa or Master Card
BTC too slow and high fee
I like XLM for payment,it very quickly and low fee
I think XLM can change our payment system
It's a decentralize coin !


Title: Re: Is bitcoin a better payment system?
Post by: Markmolotok1488 on April 22, 2018, 06:10:09 PM
The answer is that it often is not, at least for most people, most of the time. Eventually it will be the best payment system, but it needs to develop further, gain more adoption, and get over the scaling obstacles. Even so, Bitcoin is already the best payment system for certain use-cases, such as sending money across borders, or receiving money from someone you don't trust (which helps further in cross-border transactions).
Better in cash? Yes! Bitcoin got a better payment than cash. No hassle and long wait or queue to pay bills. Bitcoin is easy to use. I'm not talking the current situation but soon in the near future maybe they develop an offline wallet than can be a way of payment. It is more applicable in long distance transaction.

I agree, even now bitcoin is much more convenient than many payment systems, especially in transfers between countries. Also with the introduction of lightning, bitcoin will be a payment instrument number 1.


Title: Re: Is bitcoin a better payment system?
Post by: Valer4ik on April 22, 2018, 06:12:31 PM
It's honest, it's simple, it's incorruptible and it's fair. Blochane-technology is one of the most advanced technologies that has occurred in world history.


Title: Re: Is bitcoin a better payment system?
Post by: Karakyli on April 22, 2018, 06:16:56 PM
Bitcoin payment system is self-sufficient, it allows to make payments and converting on an equal basis with bank accounts. Owners Bitcoin wallets every day more and more. But if payments and the storage of currency can be carried out without outside assistance, then for the exchange to another currency or for withdrawal use the services of specialized services.


Title: Re: Is bitcoin a better payment system?
Post by: Marry Finch on April 22, 2018, 06:23:38 PM
At the moment, the most convenient way to buy a crypto currency is using a bank card. Yes, the account can also be used, but it can take several days to work with it until the funds are credited to the user's account on one of the crypto-exchanges. The sense of conducting fast operations, designed to buy / sell crypto currency, is simply lost. Therefore, most users continue to work with plastic cards, not bills.


Title: Re: Is bitcoin a better payment system?
Post by: boris singer on April 22, 2018, 06:33:20 PM
to cut all transaction fee paths from one place to another, bitcoin becomes the most promising transaction, but because there are still problems in the imperfect blocksize it will lead to a lot of chaos in which if the volume explodes drastically, then all will gather in mempool and make swelling on transaction fees. I think bitcoin has not reached peak performance and still needs to be constantly focused in continuous improvement.


Title: Re: Is bitcoin a better payment system?
Post by: Rakesh_alejandro on April 22, 2018, 06:36:45 PM
I strongly agree about the better payment system. Bitcoin got a fast transaction when it comes in paying bills and also sending. bitcoin is a good investment and also decentralized.

I think it's one of the best currencies and it stores value because it's an anonymous, decentralized, and therefore does not require any KYC at all.
Obviously one of the worst payment systems


Title: Re: Is bitcoin a better payment system?
Post by: Sir mikolo on April 22, 2018, 07:31:25 PM
There are many benefits to using Bitcoin as a payment system. This article will discuss the advantages for buyers and merchants to using Bitcoin as a payment system, and it will also discuss escrow services, the future of Bitcoin in commerce , potential drawbacks, and a summary on the benefits.


Title: Re: Is bitcoin a better payment system?
Post by: Mike1992 on April 22, 2018, 07:34:15 PM
Bitcoin offers many advantages over traditional banks. It allows sending payments internationally without concern for currency conversion, it allows transaction confirmation within 10 minutes typically, and transactions cannot be reversed once made. This side can be seen as a positive or negative.


Title: Re: Is bitcoin a better payment system?
Post by: Mrs Juli on April 22, 2018, 07:38:10 PM
There are many benefits accepting
Bitcoin as payment if you are a merchant. First is that the processing fees are paid by the sender, and the merchant pays nothing to receive funds. These fees are considerably lower than traditional payment networks.


Title: Re: Is bitcoin a better payment system?
Post by: thevlox on April 23, 2018, 10:00:37 AM
I think this is a good payment system. This system is very happy at this system a lot. All those who work on the deliberation use their Segwit wallets to reduce the risk of hacking. And this wallet comes to everyone's coin.All ready Bitcoin is the best payment system. 


Title: Re: Is bitcoin a better payment system?
Post by: luisdvmd25 on April 23, 2018, 03:24:34 PM
It depends.  To date it may not be a better payment system but once government policies step in and guidelines are framed it can surely become a better payment system.


Title: Re: Is bitcoin a better payment system?
Post by: Sean25pogi on April 23, 2018, 05:09:07 PM
For me and based on what I experienced,  yes the company of bitcoin is a better way interms of payment  process sysltem, 
because it makes the whole process more convenient and time saver. Through this there will be no hassle and time consuming in all transaction.


Title: Re: Is bitcoin a better payment system?
Post by: tambok on April 23, 2018, 05:20:38 PM
For me and based on what I experienced,  yes the company of bitcoin is a better way interms of payment  process sysltem, 
because it makes the whole process more convenient and time saver. Through this there will be no hassle and time consuming in all transaction.
One of the things that bitcoin purpose is to make a better payment system which in fact a big help for all of us that is why a lot of companies are adapting it and using it as a way to transact payments, but, due to the demand is increasing people sees this as an opportunity to gain more by holding it.


Title: Re: Is bitcoin a better payment system?
Post by: PINIK on April 23, 2018, 05:38:59 PM
Yes,Bitcoin is a better payment system. Bitcoin is a digital currency. Bitcoin can be used in all over the world. Bitcoin is so easy and helpful. Bitcoin is more safe from money.


Title: Re: Is bitcoin a better payment system?
Post by: Tanjima on April 23, 2018, 05:52:05 PM
Yes. Bitcoin is better payments systems. U can transfers ur currency (Bitcoin) any were from your drowning room🙂🙂. It's save. It's best currency in the world. It save our time. Soo Bitcoin is better payment system to others...


Title: Re: Is bitcoin a better payment system?
Post by: Topaz72 on April 23, 2018, 08:32:07 PM
Bitcoin is not a much better payment system at the moment because it has not started to be used by everybody but it is not enough in a few stores or shops but after a few years it can be called the best payment system so we invest more in investors and do not break the morals I advise them to invest a lot because I think that they will eat their fruits in the future.
No I am not agree with you mate, bitcoin is the fastest way for payment and a lot of transaction are being conformed within minutes now no more wait for days and weeks for conformation, as this is the reason bitcoin is legal payment system in Japan, as Japan is well developed country and they use bitcoin payment system, I want to the same cashless and bitcoin payment society in my country, hope my dream will come true very soon.


Title: Re: Is bitcoin a better payment system?
Post by: Cloak1 on April 23, 2018, 08:32:17 PM
However now bitcoin is not the best payment system for buying things because bitcoin hasn't been accepted widely in society. I guess if bitcoin is accepted all around the world,  it could be the best payment system for any transactions.


Title: Re: Is bitcoin a better payment system?
Post by: cryptoheroin on April 23, 2018, 08:45:58 PM
The answer is that it often is not, at least for most people, most of the time. Eventually it will be the best payment system, but it needs to develop further, gain more adoption, and get over the scaling obstacles. Even so, Bitcoin is already the best payment system for certain use-cases, such as sending money across borders, or receiving money from someone you don't trust (which helps further in cross-border transactions).
Not today because most of the people doesnt know anything abut the blockchain technology,which is why the progress of expanding the cryptocurrencies is going to be slowed,bitcoin would be much better if the lightning network or the LN network is ever going to be implemented,i do believe that it can revolutionize the fiat system decades from now.


Title: Re: Is bitcoin a better payment system?
Post by: Silberman on April 23, 2018, 09:25:13 PM
The answer is that it often is not, at least for most people, most of the time. Eventually it will be the best payment system, but it needs to develop further, gain more adoption, and get over the scaling obstacles. Even so, Bitcoin is already the best payment system for certain use-cases, such as sending money across borders, or receiving money from someone you don't trust (which helps further in cross-border transactions).
Right now bitcoin is not the best payment system, but the good news is that it has a great potential, the only problem is that even if the lightning network is finally released we are still going to lack one of the most important factors when it comes to payment systems, and that is adoption, we need that people begin to use Bitcoin as a form of payment.


Title: Re: Is bitcoin a better payment system?
Post by: Dread Pirate Roberts on April 23, 2018, 09:58:24 PM
The answer is that it often is not, at least for most people, most of the time. Eventually it will be the best payment system, but it needs to develop further, gain more adoption, and get over the scaling obstacles. Even so, Bitcoin is already the best payment system for certain use-cases, such as sending money across borders, or receiving money from someone you don't trust (which helps further in cross-border transactions).


What I like about this blockchain system is the ease of transaction and transaction transparency. so for financial transparency I think this blockchain system is very good. maybe if there is a financial institution that governs it will be better. but must be without fee for the agency. because the bitcoin itself is free of financial rules.


Title: Re: Is bitcoin a better payment system?
Post by: ooeygooeygold on April 23, 2018, 10:27:48 PM
 Instead of being in the dark what's happening to our payments it lets us see live that our payments been made or is in the process. It's irreversible and that's a safety. It cuts down on the fees that greedy bankers charge us.


Title: Re: Is bitcoin a better payment system?
Post by: Suffoc8 on April 23, 2018, 10:35:24 PM
The answer is that it often is not, at least for most people, most of the time. Eventually it will be the best payment system, but it needs to develop further, gain more adoption, and get over the scaling obstacles. Even so, Bitcoin is already the best payment system for certain use-cases, such as sending money across borders, or receiving money from someone you don't trust (which helps further in cross-border transactions).
Definitely Yes, bitcoin has a better payment system. How? In just one click you can pay your bill, it is less hassle, faster and easier transactions, and also you can secure yourself although it is online.


Title: Re: Is bitcoin a better payment system?
Post by: Domanity on April 23, 2018, 10:41:26 PM
Yes, I think Bitcoin does have a better payment system than regular fiat money. Bitcoin is more modern, easier, and more flexible. However Bitcoin can only be accessed if there is an internet network if there is no internet, make sure we can not do anything with Bitcoin.


Title: Re: Is bitcoin a better payment system?
Post by: supergorg27 on April 23, 2018, 10:52:58 PM
Maybe in the future if all people will really understand how it works and how it would really useful for us, and they will know how to use it carefully then we can call bitcoin could be a better payment system.


Title: Re: Is bitcoin a better payment system?
Post by: wormgummy019 on April 23, 2018, 10:58:41 PM
The answer is that it often is not, at least for most people, most of the time. Eventually it will be the best payment system, but it needs to develop further, gain more adoption, and get over the scaling obstacles. Even so, Bitcoin is already the best payment system for certain use-cases, such as sending money across borders, or receiving money from someone you don't trust (which helps further in cross-border transactions).








In my own opinion, it is better for the people who knows bitcoin because if the other people don't know how to pay using bitcoin it will be difficult to them, it will take a long time to get some knowledge on how to pay using bitcoin. But I think in the future it will be the better payment system.


Title: Re: Is bitcoin a better payment system?
Post by: felicity06 on April 23, 2018, 11:54:05 PM
Bitcoin is the best way of transaction ad payment system since bitcoin in the first cryptocurrency that used blockchain technology.

Bitcoin became the fastest way to transact everything because we are using now the blockchain decentralized technology. Anything that happens on it is a function of the network as a whole. Some important implications stem from this. By creating a new way to verify transactions aspects of traditional commerce could become unnecessary. Stock market trades become almost simultaneous on the blockchain, for instance — or it could make types of record keeping, like a land registry, fully public. And decentralization is already a reality.
A global network of computers uses blockchain technology to jointly manage the database that records Bitcoin transactions. That is, Bitcoin is managed by its network, and not any one central authority. Decentralization means the network operates on a user-to-user (or peer-to-peer) basis.

And that's the reason why bitcoin is the best for all crypto currency aside for bitcoin is the highest price value in the market.


Title: Re: Is bitcoin a better payment system?
Post by: Selbit on April 24, 2018, 12:18:10 AM
Bitcoin payments are analogous to a wire transfer or cash transaction, where payment is 'pushed' directly from one party to another, without going through another financial institution. Payment processing is executed through a private network of computers, and each transaction is recorded in a  blockchain, which is public. Bitcoin is based on peer-to-peer technology and relies on the blockchain and the cryptography securing it, without any third party oversigh.

When making a bitcoin transaction, it is not necessary to provide personal identification information such as your name and address. Bitcoin transactions are made using an anonymous alphanumeric address that change with every transaction and a private key. Payments can also be made on mobile devices by using quick response (QR) codes.




Title: Re: Is bitcoin a better payment system?
Post by: Batang Hambog on April 24, 2018, 12:18:59 AM
The answer is that it often is not, at least for most people, most of the time. Eventually it will be the best payment system, but it needs to develop further, gain more adoption, and get over the scaling obstacles. Even so, Bitcoin is already the best payment system for certain use-cases, such as sending money across borders, or receiving money from someone you don't trust (which helps further in cross-border transactions).
if I gotta stay a little longer to receive and send the payment. Which is even not much longer these days and just gets confirmed with ~10-30 min window and that is all right if bitcoin has got to offer so much valuable price tag for us. I mean we also earn at alarming rate from it and there is no worrying thing if we have to wait while we are transacting it.


Title: Re: Is bitcoin a better payment system?
Post by: secondavril on April 24, 2018, 12:23:51 AM
Bitcoin is a better payment system because Bitcoin is using blockchain decentralized technology. Also, Bitcoin is easier because it's more modern and flexible.


Title: Re: Is bitcoin a better payment system?
Post by: jomel on April 24, 2018, 12:28:28 AM
I can that in this days money is still the mode of payment of every people in all of the country. But I can also say that if bitcoin will be popular and will be stable and will grow more and more maybe bitcoin will change the way of transaction. Because if you will use bitcoin it more convenient, less hassle and safe so it give a better way of payment system.


Title: Re: Is bitcoin a better payment system?
Post by: Owl129 on April 24, 2018, 12:35:02 AM
Yes i think bitcoin is a better payment system although these days bitcoin is still not known from everyone to be legally used in payment system but we can see the technology of bitcoin. Blockchain technology can help us to record everything easily in a way that every data is stored and can't be altered by anyone but it is transparent. Bitcoin as a payment system is good because our payment can be processed easily and all our trasaction are saved in the blockchain.


Title: Re: Is bitcoin a better payment system?
Post by: elkafee79 on April 24, 2018, 12:43:17 AM
The answer is that it often is not, at least for most people, most of the time. Eventually it will be the best payment system, but it needs to develop further, gain more adoption, and get over the scaling obstacles. Even so, Bitcoin is already the best payment system for certain use-cases, such as sending money across borders, or receiving money from someone you don't trust (which helps further in cross-border transactions).

yes, I think. bitcoin is better than real money, also better than another cripto. the best coin is bitcoin. in my opinion.


Title: Re: Is bitcoin a better payment system?
Post by: sulec70 on April 24, 2018, 12:47:32 AM
The answer is that it often is not, at least for most people, most of the time. Eventually it will be the best payment system, but it needs to develop further, gain more adoption, and get over the scaling obstacles. Even so, Bitcoin is already the best payment system for certain use-cases, such as sending money across borders, or receiving money from someone you don't trust (which helps further in cross-border transactions).
Probably it is not the time yet to conclude that bitcoin is a better payment system than what we use today. For several cases and certain uses, we may say that bitcoin is good even better payment system but we still need to discuss and analize then compare with present payment system.We should develop bitcoin as payment system and the present payment system to complete and support each other to give better service to people.


Title: Re: Is bitcoin a better payment system?
Post by: bigdude on April 24, 2018, 12:55:47 AM
no, bitcoin too slow and not good to use as payment.
you will have to wait few hours to get it confirm. and the fee too expensive.
Litecoin is much better as you can read the report here
https://businessinsider.com/a-99-million-litecoin-trade-took-just-25-minutes-and-cost-040-2018-4?__twitter_impression=true


Title: Re: Is bitcoin a better payment system?
Post by: dificanovi on April 24, 2018, 12:56:08 AM
at this time bitcoin has not become a good payment system because the process of sending bitcoin still takes a long time. at the moment real money and banks are still the best payment system.
I'm sure one day bitcoin will be the best payment system in the future.


Title: Re: Is bitcoin a better payment system?
Post by: Gudhal Untu on April 24, 2018, 01:23:30 AM
Yes true, it must be admitted that bitcoin is the best payment system today, if compared to online payment system like Paypal, Perfect Money or else there is no comparison that can equate with bitcoin.


Title: Re: Is bitcoin a better payment system?
Post by: moivenamer on April 24, 2018, 01:45:03 AM
Yes, it is true due to the fact that there is no agency of goverment and private institutions that control it.
There is no hindrance when sending it.


Title: Re: Is bitcoin a better payment system?
Post by: m.mendoza on April 24, 2018, 01:52:06 AM
bitcoin transaction has advantages and disadvantages. for example, sometimes bitcoin transaction takes a lot of time even for a high fee, that obvious disadvantage for bitcoin, but it is still can be developed. for me, i really enjoy use bitcoin because i think bitcoin is easy to use it, especially for international transaction.

Everyone of us have their own opinions. There are some who says bitcoin is a better payment system and there are some are not. Everything has advatanges and disadvatanges it depends on people what is truly for them.


Title: Re: Is bitcoin a better payment system?
Post by: Pinoyfan on April 24, 2018, 02:06:31 AM
The answer is that it often is not, at least for most people, most of the time. Eventually it will be the best payment system, but it needs to develop further, gain more adoption, and get over the scaling obstacles. Even so, Bitcoin is already the best payment system for certain use-cases, such as sending money across borders, or receiving money from someone you don't trust (which helps further in cross-border transactions).
As my own experienced yes it easy for me to pay some bills using bitcoin. Like were just waiting a few minutes to pay the bils . And somehow fe minutes to transfer our money to some remittances.No worries when it comes to transactions of bitcoin.


Title: Re: Is bitcoin a better payment system?
Post by: mornabo on April 24, 2018, 02:20:12 AM
Yes i think bitcoin is a better payment system although these days bitcoin is still not known from everyone to be legally used in payment system but we can see the technology of bitcoin. Blockchain technology can help us to record everything easily in a way that every data is stored and can't be altered by anyone but it is transparent. Bitcoin as a payment system is good because our payment can be processed easily and all our trasaction are saved in the blockchain.
not many people know so users are still limited in using bitcoin for spending I think it's one of the problems in bitcoin spending. but overall I really enjoy using bitcoin for payment system very easily and instantly. yeah and all transactions are stored in the blockchain and make it transparent. one of the problems is its limited use and expensive fees


Title: Re: Is bitcoin a better payment system?
Post by: Arata on April 24, 2018, 03:18:49 AM
The efficiency of bitcoin as a payment system would be more practical and wasted no time. But the constraint is the value of bitcoin which has fluctuating characteristics. Such as need further study on this matter.


Title: Re: Is bitcoin a better payment system?
Post by: naily on April 24, 2018, 03:19:33 AM
If bitcoin security is upgraded and upgraded. Maybe bitcoin will fit into a payment system that is suitable for the world economy.

With the arrival of more digital coins at the technological frontier, Bitcoin itself must increase its payment speed to fulfill a leading role in digital finance. And for me, Bitcoin is a very good international online payment system


Title: Re: Is bitcoin a better payment system?
Post by: Neerunawal on April 24, 2018, 03:27:10 AM
Yes it is a better payment system as it is quick and have wide field of oppurtunities and even help one to progress in limited time. It give us platform to exceed in running in daily life. Yes it is best option.


Title: Re: Is bitcoin a better payment system?
Post by: Luthfiyaaa on April 24, 2018, 03:39:12 AM
it's true, maybe in some countries and according to some people, bitcoin is not a good payment system, but it will be the best payment system and very helpful for us to transaction between countries with unknown people. in addition to payment systems, bitcoin will be used as an investment for some people because it can bring many benefits.


Title: Re: Is bitcoin a better payment system?
Post by: jonkibo on April 24, 2018, 03:41:02 AM
maybe, because it is fast co'z its online but it is hackable co'z its online so that it is not better.


Title: Re: Is bitcoin a better payment system?
Post by: mkcube on April 24, 2018, 03:55:30 AM
In my opinion i think its okay.Because bitcoin payment is safe and fast transaction even if it is night time it has a fast transaction.It has also many benefits that people can bring.It gives us platform to exceed in running in daily life.


Title: Re: Is bitcoin a better payment system?
Post by: Ondre on April 24, 2018, 04:26:24 AM
Yes its true, it more convenient and fast when it comes to transactions. One button and you are done. At the same time not time consuming and avoid going out as well.


Title: Re: Is bitcoin a better payment system?
Post by: thekafi on April 24, 2018, 04:38:50 AM
The answer is that it often is not, at least for most people, most of the time. Eventually it will be the best payment system, but it needs to develop further, gain more adoption, and get over the scaling obstacles. Even so, Bitcoin is already the best payment system for certain use-cases, such as sending money across borders, or receiving money from someone you don't trust (which helps further in cross-border transactions).

today, bitcoin is better than real money. the best of crypto is bitcoin. so, I think bitcoin is best payment system, it is easy and fast.


Title: Re: Is bitcoin a better payment system?
Post by: MAJICOIN on April 24, 2018, 05:40:13 AM
Yes i like bitcoin very  much and the payment system now very good and many new innovation in bitcoin will come in the future the value is good and good for invest in this currency in the past theft were a common issue in every where but due to this currency system people are secure and they can pay easily by their own hand from their home.


Title: Re: Is bitcoin a better payment system?
Post by: kang.reus on April 24, 2018, 05:48:06 AM
bitcoin is the best payment system because bitcoin is the best and most profitable stock investment system.


Title: Re: Is bitcoin a better payment system?
Post by: Kunal666456 on April 24, 2018, 05:51:00 AM
It is easy to buy and sell bitcoin.
But as far as the payment option is concerned, it does not seem so effective, more efforts are needed.
Even then, large amounts of transactions can be done by bitcoine and are being done.


Title: Re: Is bitcoin a better payment system?
Post by: qwertyup23 on April 24, 2018, 05:53:29 AM
The answer is that it often is not, at least for most people, most of the time. Eventually it will be the best payment system, but it needs to develop further, gain more adoption, and get over the scaling obstacles. Even so, Bitcoin is already the best payment system for certain use-cases, such as sending money across borders, or receiving money from someone you don't trust (which helps further in cross-border transactions).

Relatively speaking, yes due to its decentralized and volatile system wherein it provides anonymity between the parties that transact and the fees are lower compared to other sending remittances. Not to mention, the convenience it provides to users make this as the perfect avenue for sending money globally and also for corporations which they can utilize their business transactions more. There are a lot of implications when using bitcoin as a payment system but what hinders it from developing are the restrictions imposed from countries who prohibit the use of such.


Title: Re: Is bitcoin a better payment system?
Post by: mulyadi dedii on April 24, 2018, 06:01:17 AM
I agree with this.. Bitcoin is the best way in transactions, because with the security blockchain system in making transactions guaranteed safe from the crime actions. So I think, transactions using bitcoin will be trend in the future. and I am sure there will be many supporting facilities to facilitate the transaction.


Title: Re: Is bitcoin a better payment system?
Post by: Marrionbitcoin on April 24, 2018, 06:07:03 AM
The answer is that it often is not, at least for most people, most of the time. Eventually it will be the best payment system, but it needs to develop further, gain more adoption, and get over the scaling obstacles. Even so, Bitcoin is already the best payment system for certain use-cases, such as sending money across borders, or receiving money from someone you don't trust (which helps further in cross-border transactions).

Bitcoin is a better payment system wherein it can be used as mode of payment thru online stores or even in a physical stores that accepts Bitcoin as payment. When we use Bitcoin as payment it make our live easier and we can avoid charges and hassle free. This is our future cash as alternative mode of payment so we better to invest to Bitcoin now until the price is still low and might increase its value in the future.


Title: Re: Is bitcoin a better payment system?
Post by: congtuan001122asd on April 24, 2018, 06:40:49 AM
Bitcoin has many benefits and it is suitable for people to invest and make money. I think bitcoin is not a good paying system, you have to pay a very high fee for the transaction. Processing speed in bitcoin's transactions is low.


Title: Re: Is bitcoin a better payment system?
Post by: MDEVIL on April 24, 2018, 06:52:32 AM
Yes,Bitcoin is a better payment system. It's so easy,safe and helpful. It can be use anywhere at anytime. Bitcoin is more fast from money .


Title: Re: Is bitcoin a better payment system?
Post by: Mikasa77 on April 24, 2018, 07:00:05 AM
The answer is that it often is not, at least for most people, most of the time. Eventually it will be the best payment system, but it needs to develop further, gain more adoption, and get over the scaling obstacles. Even so, Bitcoin is already the best payment system for certain use-cases, such as sending money across borders, or receiving money from someone you don't trust (which helps further in cross-border transactions).
It is true that bitcoin need to improve more to help users use bitcoin as the payment system, yes there are many people use bitcoin but their knowledge about bitcoin is not enough, it can help and can be a payment system but there is still process that need to do before we use bitcoin as the payment system.


Title: Re: Is bitcoin a better payment system?
Post by: sandos on April 24, 2018, 07:03:45 AM
bitcoin dont have new technology just like other altcoin but many people accept bitcoin. that make bitcoin become a good payment system for many services. but fee too high. If bitcoin can resolve that problem that will be awesome


Title: Re: Is bitcoin a better payment system?
Post by: velive08 on April 24, 2018, 07:08:32 AM
bitcoin can be used as a good payment system because now bitcoin will still continue to be one of the money contenders for terms of payment. now there are countries that accept payment system with bitcoin but still limited to several places. and this makes bitcoin a new breakthrough for the advancement of payment technology.


Title: Re: Is bitcoin a better payment system?
Post by: dubinsky on April 24, 2018, 07:12:19 AM
Bitcoin has great potential if used as an alternative payment system, especially online payments. Bitcoin is better as an alternative payment system online because it will be more efficient, practical and easy.


Title: Re: Is bitcoin a better payment system?
Post by: sakokinak on April 24, 2018, 07:13:32 AM
The answer is that it often is not, at least for most people, most of the time. Eventually it will be the best payment system, but it needs to develop further, gain more adoption, and get over the scaling obstacles. Even so, Bitcoin is already the best payment system for certain use-cases, such as sending money across borders, or receiving money from someone you don't trust (which helps further in cross-border transactions).

Bitcoin is closer than any other coin to become a common mean of payment. Not all coins just like Bitcoin hoping to be the next currency. Often startup companies will sell a coin to try and raise money as an alternative issuing stock.


Title: Re: Is bitcoin a better payment system?
Post by: Max_Trading_Power on April 24, 2018, 07:14:49 AM
Hello! Im new here but im really interesting in bitcoin. I heard and i know that this is the fastes way for payments but im courious to know more details.


Title: Re: Is bitcoin a better payment system?
Post by: kissme09 on April 24, 2018, 07:15:16 AM
The answer is that it often is not, at least for most people, most of the time. Eventually it will be the best payment system, but it needs to develop further, gain more adoption, and get over the scaling obstacles. Even so, Bitcoin is already the best payment system for certain use-cases, such as sending money across borders, or receiving money from someone you don't trust (which helps further in cross-border transactions).
Bitcoin isn't the best-paid system, because it has so many downsides, and I don't think Bitcoin system will upgrade because its development team is still a question mark. To use Altcoin as a payment system, I think we should use usdt as it has high stability.


Title: Re: Is bitcoin a better payment system?
Post by: Df9898 on April 24, 2018, 07:15:43 AM
Yes of course the bitcoin it means of payment is the best because its system is very nice and supportive of the economy in the world.


Title: Re: Is bitcoin a better payment system?
Post by: xupal on April 24, 2018, 07:17:32 AM
yeah it can't be say that bitcoin is the better payment system but it can be have that.


Title: Re: Is bitcoin a better payment system?
Post by: Salesman4coinZ on April 24, 2018, 07:21:00 AM
Of course bitcoin and any other cryptocurrency is a better payment system. The reason is simple. Its a automatic computer algorhytm which totally works without any action of humans. So a computer is more trustfull then a bank which are leaded by humans. Humans are greedy, and they try everything to get your money. SO there happend a lot in the past that banks are lock the accounts of their customers. Withcryptocurrencies this can not happen, because you have all the time 100% access to your money.


Title: Re: Is bitcoin a better payment system?
Post by: NVCPRO on April 24, 2018, 07:32:23 AM
As I think bitcoin is not a good paying system, speedy growth is also a double-edged sword with Bitcoin, as people hardly want to use their Bitcoin to pay, because of time. To confirm the single transaction is usually from 10 minutes to more than an hour.


Title: Re: Is bitcoin a better payment system?
Post by: 20_JeRRy_20 on April 24, 2018, 07:45:52 AM
Best and fast payment system now etherium. Bitcoin is one of the worst payment systems, it has a low speed of transaction processing :)


Title: Re: Is bitcoin a better payment system?
Post by: ClackKendi on April 24, 2018, 07:54:22 AM
The current bitcoin payment system is relatively good and safe for the consumer, although there are some limitations, but still good and the future I believe the inventors will offer a more modern system.


Title: Re: Is bitcoin a better payment system?
Post by: Eleanorjean11 on April 24, 2018, 08:01:51 AM
The answer is that it often is not, at least for most people, most of the time. Eventually it will be the best payment system, but it needs to develop further, gain more adoption, and get over the scaling obstacles. Even so, Bitcoin is already the best payment system for certain use-cases, such as sending money across borders, or receiving money from someone you don't trust (which helps further in cross-border transactions).


Title: Re: Is bitcoin a better payment system?
Post by: Fairy_90 on April 24, 2018, 08:18:34 AM
Their first concern was Bitcoin transactions, exactly the fees required by the digger to confirm a Blockchain transaction.
In the first quarter of 2017, the fee was $ 2.40 per transaction - a significant increase from $ 0.024 in the fourth quarter of 2016. Analysts "One of the reasons for the fee is the size The larger the transaction data, the more time consuming the excavator will be. "" The fee is not as effective as the regular bank fee, but if you do not charge a fee Properly, there is a serious risk that diggers will not handle the transaction. "The economic problem of mining is complex and necessary, but it is contributing to the slowdown of Bitcoin as a bar system. math.


Title: Re: Is bitcoin a better payment system?
Post by: The Alchemlst on April 24, 2018, 08:22:02 AM
The answer is that it often is not, at least for most people, most of the time. Eventually it will be the best payment system, but it needs to develop further, gain more adoption, and get over the scaling obstacles. Even so, Bitcoin is already the best payment system for certain use-cases, such as sending money across borders, or receiving money from someone you don't trust (which helps further in cross-border transactions).

The former bitcoin is but sadly bitcoin now is not very advisable as a mode of payment since it has very high transaction fees. But as per how it is created and its system it is a very good way to pay your transactions online and much more accessible than credit cards and other payment options.


Title: Re: Is bitcoin a better payment system?
Post by: wilsonwilly1 on April 24, 2018, 08:29:17 AM
Bitcoin is not a much better payment system at the moment because it has not started to be used by everybody but it is not enough in a few stores or shops but after a few years it can be called the best payment system so we invest more in investors and do not break the morals I advise them to invest a lot because I think that they will eat their fruits in the future.


Title: Re: Is bitcoin a better payment system?
Post by: bololord on April 24, 2018, 08:33:13 AM
The answer is that it often is not, at least for most people, most of the time. Eventually it will be the best payment system, but it needs to develop further, gain more adoption, and get over the scaling obstacles. Even so, Bitcoin is already the best payment system for certain use-cases, such as sending money across borders, or receiving money from someone you don't trust (which helps further in cross-border transactions).
In  the last year of working with the bitcoin. Bitcoin is a good payment system in every transaction you wamt to do. It is easier and fast and no trouble happenned. The best for me it also used for my savings. It is much safer and no hastle thing happen .


Title: Re: Is bitcoin a better payment system?
Post by: PilosopongTacio on April 24, 2018, 08:52:01 AM
The answer is that it often is not, at least for most people, most of the time. Eventually it will be the best payment system, but it needs to develop further, gain more adoption, and get over the scaling obstacles. Even so, Bitcoin is already the best payment system for certain use-cases, such as sending money across borders, or receiving money from someone you don't trust (which helps further in cross-border transactions).


Yes, i agree. There are changes needed for bitcoin to be the best cryptocurrency in terms of payment. Like for example,the high transaction fees they charge from it unlike etherium and there are sometimes situations of slow transaction process cause by mining. If they would only fix these problems, then transactions becomes more easy..Other than that i believe bitcoin is still the best payment system and other coins depend only on it.


Title: Re: Is bitcoin a better payment system?
Post by: Glorypaasa on April 24, 2018, 08:56:23 AM
The answer is that it often is not, at least for most people, most of the time. Eventually it will be the best payment system, but it needs to develop further, gain more adoption, and get over the scaling obstacles. Even so, Bitcoin is already the best payment system for certain use-cases, such as sending money across borders, or receiving money from someone you don't trust (which helps further in cross-border transactions).
The best paying system is this bitcoin.  Nothing happened to  experienced some trouble when it comes to payment system. And many more transactions are in bitcoin. Thats why everyone in this world also choose this bitcoin rather than chossing something that is not really reliable.


Title: Re: Is bitcoin a better payment system?
Post by: Corsicoin on April 24, 2018, 09:14:59 AM
Today Bitcoin is a shitty payment method.
In my opinion you keep bitcoin for the asset value, not the coin.
Once volatility is over you can spend bitcoin again.


Title: Re: Is bitcoin a better payment system?
Post by: Juliedarwin on April 24, 2018, 09:31:33 AM
I don't think so, because I've never tried it.. But I heard it and I also read it from the blog and the news. But as far as I can see read the news about it, people tried it in an easy way to transact. But there's have too much conflict from the other users who's not willing and want to use it,. So I dont know what and who is the right one to follow.


Title: Re: Is bitcoin a better payment system?
Post by: AurumService on April 24, 2018, 09:32:32 AM
Bitcoin is an alternative payment system. As any system it has its advantages and disadvantages. It`s fast, anonymous and international. That`s great for users. But still there`re politicians who are against using it by majorities because it isn`t transparent enough, can`t be regulated the traditional way and can`t be taxed. But I hope that the day when we all see the bright future of Bitcoin and cryptocurrencies in general will come very soon ;)


Title: Re: Is bitcoin a better payment system?
Post by: jayarbillones on April 24, 2018, 09:56:28 AM
I do not think that bitcoin is a bit of a payday because it's a cryptocurency money bitcoin is a good trading fee because bitcoin belongs.. I'm aggring its one of the top crypto but to make safe in this crypto field innovate bitcoin and its features is an important issue now.


Title: Re: Is bitcoin a better payment system?
Post by: Cinemo on April 24, 2018, 10:01:20 AM
The answer is that it often is not, at least for most people, most of the time. Eventually it will be the best payment system, but it needs to develop further, gain more adoption, and get over the scaling obstacles. Even so, Bitcoin is already the best payment system for certain use-cases, such as sending money across borders, or receiving money from someone you don't trust (which helps further in cross-border transactions).
Yes for me it is a better payment system and nothing happens some negatively issue using my bitcoin. It is easier and can be able to help everyone to  paid their bills without going to the market . Some business man used it also for their business purposes .


Title: Re: Is bitcoin a better payment system?
Post by: bitcoinrunners001 on April 24, 2018, 10:11:18 AM
Yes, I consider bitcoin as a payment system while this is not very practical but payment technology is constantly improving and developing.I think in the future when the system becomes ideal, it will become a better payment system.It can be the first payment method online in the future.It is making payments and trades easier and simpler for people around the world.


Title: Re: Is bitcoin a better payment system?
Post by: hashshashin on April 24, 2018, 10:19:26 AM
I believe that it is too early to approve bitcoin as the best payment system, as few people use it as a means of payment. But in the future the situation may change


Title: Re: Is bitcoin a better payment system?
Post by: ram64GB on April 24, 2018, 10:32:25 AM
For bitcoin to compete as a payment system, it has to offer the same benefits that Visa does: rapid transfers of funds, immense scale, protection against theft , and the ability to dispute charges, all at a reasonably low transaction fee. Otherwise, it has to be better at something than Visa is. The only area where it can really be said to better than a credit card lies in the privacy.


Title: Re: Is bitcoin a better payment system?
Post by: Roadarks02 on April 24, 2018, 10:34:46 AM
I believe that it is too early to approve bitcoin as the best payment system, as few people use it as a means of payment. But in the future the situation may change

I agree that Bitcoin can be an alternative payment system, because not everyone can access payment through Bitcoin. When time come that we're having a cashless world then that's the time that Bitcoin is a better  payment system.


Title: Re: Is bitcoin a better payment system?
Post by: masterchief001 on April 24, 2018, 10:45:55 AM
More than six months ago, companies were scrambling to integrate Bitcoin into their billing systems. However, with significant growth in the cryptocurrency ecosystem, now things have changed. Bitcoin is no longer considered a payment option and is constantly being rejected by companies.
Currently, some banking countries have refused to accept bitcoin payments like China, Vietnam ...


Title: Re: Is bitcoin a better payment system?
Post by: money1122 on April 24, 2018, 10:47:10 AM
bitcoin transaction has advantages and disadvantages. for example, sometimes bitcoin transaction takes a lot of time even for a high fee, that obvious disadvantage for bitcoin, but it is still can be developed. for me, i really enjoy use bitcoin because i think bitcoin is easy to use it, especially for international transaction.


Title: Re: Is bitcoin a better payment system?
Post by: Ray3z on April 24, 2018, 11:01:35 AM
I think bitcoin is the best cryptocurrency. It can be the first payment method online in the future, it is making payments and trades easier and simpler for people around the world.
Undoubtedly, it is the best payment method as it is quite secure and easier one to make transactions and better than those of the traditional payment method as transactions are totally done online and from anywhere in the world. And with the technological advancements, this method is under the process of development and is becoming even more convenient to use...
Talking about secure, i have no doubt with bitcoin and also other altcoin because blockchain is all about transparent but high security. I also agree with your opinion but the only problem with crypto payment is the transaction confirmation is too long and it needs fee to send it as payment. When crypto can stop that problem then i can say crypto is the best payment system.


Title: Re: Is bitcoin a better payment system?
Post by: Danlopz on April 24, 2018, 11:05:37 AM
It is easy to buy and sell bitcoin.
But as far as the payment option is concerned, it does not seem so effective, more efforts are needed.
Even then, large amounts of transactions can be done by bitcoine and are being done.

I think that's a bad idea. although Bitcoin is easy to use and easy to buy, sometimes for bitcoin payment transaction takes a lot of time to receive or send transactions at high cost, even if bitcoin develops and improves its current system, some countries will ban it and not all will agree. if making the payment system. only clear loss for bitcoin


Title: Re: Is bitcoin a better payment system?
Post by: Gondwanaland on April 24, 2018, 11:11:46 AM
The answer is that it often is not, at least for most people, most of the time. Eventually it will be the best payment system, but it needs to develop further, gain more adoption, and get over the scaling obstacles. Even so, Bitcoin is already the best payment system for certain use-cases, such as sending money across borders, or receiving money from someone you don't trust (which helps further in cross-border transactions).

Not really, but its a part of it is yes because bitcoin is really a trusted site  The transaction is really fast which can help to every people because less hassle for m to go anywhere. Bitcoin can help every people to have a normal life and stressed free.


Title: Re: Is bitcoin a better payment system?
Post by: CAPT.DEADPOOL on April 24, 2018, 11:11:57 AM
Bitcoin is a good way to pay especially when your transaction is lost if you do not have to go abroad to give them the money you will be paying bitcoin because it's easy to send money there and it's too fast not to worry about waiting of the day to receive their payment


Title: Re: Is bitcoin a better payment system?
Post by: bitcoinjasensatom on April 24, 2018, 11:42:49 AM
Better then real money? Of course yes.But the best in all cryptocurrency ? No.I think that better payment system is eth.
No i don't think so there are some altcoins out there that cheaper and faster than etherum but if you say etherum is better than bitcoin i might agree with you.

A good payment system should be faster and cheaper unfortunately you can't find those things on bitcoin. The highest fee and low confirmation are serious problems right now and this should be addressed immediately however if we compare bitcoin to other payment systems like PayPal or WU bitcoin is still the best.

Unlike traditional payment system services, Bitcoin is incredibly well. It is because it will process faster and transaction fees are cheaper. Being Bitcoin holders, payments can be made in the top of your fingertips.


Title: Re: Is bitcoin a better payment system?
Post by: Bunsomjelican on April 24, 2018, 11:53:52 AM
The answer is that it often is not, at least for most people, most of the time. Eventually it will be the best payment system, but it needs to develop further, gain more adoption, and get over the scaling obstacles. Even so, Bitcoin is already the best payment system for certain use-cases, such as sending money across borders, or receiving money from someone you don't trust (which helps further in cross-border transactions).
Better in cash? Yes! Bitcoin got a better payment than cash. No hassle and long wait or queue to pay bills. Bitcoin is easy to use. I'm not talking the current situation but soon in the near future maybe they develop an offline wallet than can be a way of payment. It is more applicable in long distance transaction.

For now cash literally is very useful but in terms of transaction payment through online Bitcoin is a good one to use rather than cash. Aside from that Bitcoin can be convert in currency of the country using online.


Title: Re: Is bitcoin a better payment system?
Post by: bruceemake on April 24, 2018, 12:00:27 PM
yes bitcoin is safer then other because bitcoin is working on decentralize system


Title: Re: Is bitcoin a better payment system?
Post by: Legone on April 24, 2018, 12:09:41 PM
The answer is that it often is not, at least for most people, most of the time. Eventually it will be the best payment system, but it needs to develop further, gain more adoption, and get over the scaling obstacles. Even so, Bitcoin is already the best payment system for certain use-cases, such as sending money across borders, or receiving money from someone you don't trust (which helps further in cross-border transactions).
Actually, bitcoin is the best payment system for online transactions, because it is less cost and effort. Most of all crypto payment is the fastest way of payment. I guess bitcoin will continue to improve like the evolution of technologies with the internet.


Title: Re: Is bitcoin a better payment system?
Post by: gune68gune on April 24, 2018, 12:11:45 PM
The answer is that it often is not, at least for most people, most of the time. Eventually it will be the best payment system, but it needs to develop further, gain more adoption, and get over the scaling obstacles. Even so, Bitcoin is already the best payment system for certain use-cases, such as sending money across borders, or receiving money from someone you don't trust (which helps further in cross-border transactions).
Better in cash? Yes! Bitcoin got a better payment than cash. No hassle and long wait or queue to pay bills. Bitcoin is easy to use. I'm not talking the current situation but soon in the near future maybe they develop an offline wallet than can be a way of payment. It is more applicable in long distance transaction.

For now cash literally is very useful but in terms of transaction payment through online Bitcoin is a good one to use rather than cash. Aside from that Bitcoin can be convert in currency of the country using online.
Indeed for bitcoin transactions to be the best compared to cash transactions. With bitcoin will facilitate the transaction with just a touch and you stay home. However, bitcoin also still has weakness compared with other crypto. In addition, bitcoin is still hit by its legality problem.


Title: Re: Is bitcoin a better payment system?
Post by: Dudesss on April 24, 2018, 12:18:24 PM
I think it is the best payment system if you compare it to real money, it is far more way safer than cash when it comes on transactions or other stuff


Title: Re: Is bitcoin a better payment system?
Post by: Bosx1ne on April 24, 2018, 12:18:29 PM
The answer is that it often is not, at least for most people, most of the time. Eventually it will be the best payment system, but it needs to develop further, gain more adoption, and get over the scaling obstacles. Even so, Bitcoin is already the best payment system for certain use-cases, such as sending money across borders, or receiving money from someone you don't trust (which helps further in cross-border transactions).
Yes it will happen! Bitcoin will change the payment system. Many people are now starting to adapt digital currencies. I am really sure that the bitcoin will become our future money.


Title: Re: Is bitcoin a better payment system?
Post by: Saiful Islam777 on April 24, 2018, 12:19:54 PM
Since Bitcoin is an online technology, it's a great way to lure in that field. Bitcoin can be used to lend anywhere anytime. Bitcoin is one of the main reasons to make love.


Title: Re: Is bitcoin a better payment system?
Post by: jaaeeeyyyy on April 24, 2018, 12:27:14 PM
The answer is that it often is not, at least for most people, most of the time. Eventually it will be the best payment system, but it needs to develop further, gain more adoption, and get over the scaling obstacles. Even so, Bitcoin is already the best payment system for certain use-cases, such as sending money across borders, or receiving money from someone you don't trust (which helps further in cross-border transactions).
Yeah bitcoin is a good mode of payment because of the anonymity it gives on every transaction, being untraceable do gives both advantage and disadvantage taken by the users. Unlike using the fiat currency, its safer because you will pay personally. What i hate when bitcoin becomes the main mode of payment is its volatility, when the price is low you cannot just buy anything you want.


Title: Re: Is bitcoin a better payment system?
Post by: Techie5879 on April 24, 2018, 12:30:30 PM
The answer is that it often is not, at least for most people, most of the time. Eventually it will be the best payment system, but it needs to develop further, gain more adoption, and get over the scaling obstacles. Even so, Bitcoin is already the best payment system for certain use-cases, such as sending money across borders, or receiving money from someone you don't trust (which helps further in cross-border transactions).
Being trustless is nice, but how would I go about buying an online item if I can't trust that it won't arrive broken and that I can never get my money back? So then there will always have to be employees from whatever website to be able to handle claims and escrow reliably...which means if they go against you, you don't really have an option to go to a bank to get your money back (not that a bank is even helpful with that either).

See, you have mainly two options there, and as you said, banks already dont help much. If I were you, I would go with the more secure option, which is definitely bitcoin. Interceptions are impossible, and money is non reversible, and people can really thus veer away from deals at the last minute, once its done its done, and if both parties donot consent, it cannot be undone. Also, transactions are anonymous, faster and less transaction fees are required, atleast if you're not in a huge hurry to transact, where it becomes a problem sometimes, but the Lightning network is said to be able to overcome it.

Is is already as widely and easily usable as the traditional fiat that we use today? No. But will it be soon? Definitely Yes! Just think, paper currency has been around for hundreds of years, and even before that people used to barter, exchange stuff. This concept of cryptocurrency has just been up for 9 years, and its already a huge craze. So definitely it will catch up with fiat in the foreseeable future.


Title: Re: Is bitcoin a better payment system?
Post by: sri11 on April 24, 2018, 12:31:06 PM
The answer is that it often is not, at least for most people, most of the time. Eventually it will be the best payment system, but it needs to develop further, gain more adoption, and get over the scaling obstacles. Even so, Bitcoin is already the best payment system for certain use-cases, such as sending money across borders, or receiving money from someone you don't trust (which helps further in cross-border transactions).
for the payment system digitally yes .. but still have shortcomings and advantages. and for payment system is certainly not the best.


Title: Re: Is bitcoin a better payment system?
Post by: Ondongeric18 on April 24, 2018, 12:37:01 PM
For me it is a better form of payment system since it can be kept and even sent to somebody far from you like when you are working away from your hometown and your loved ones badly needed the money on time.


Title: Re: Is bitcoin a better payment system?
Post by: BillyTalent on April 24, 2018, 12:57:13 PM
It takes time for bitcoin to be accepted by the people, for it to be recognized and then, without a doubt, bitcoin will take its place in the system. Of course over time it can become the best payment system, but it still needs to grow.


Title: Re: Is bitcoin a better payment system?
Post by: george888055 on April 24, 2018, 12:59:45 PM
I would say it's already best payment system in some aspects. $99 million worth of litecoin was sent in a single trade on Thursday and it cost only $0.40 in fees.


Title: Re: Is bitcoin a better payment system?
Post by: JiuMiBe on April 24, 2018, 01:01:43 PM
When you need to make transactions from another bank to your bank. Banks will have to perform many steps to verify, it takes time to transfer money to the recipient. As international money transfers, too, it will take a relatively long time to complete the transaction. However, with bitcoin, no transaction through any intermediary financial intermediary, minimizing many steps. If transactions are confirmed by bitcoin blockchain, it may take 10 minutes to confirm, but that is still faster than through the bank.


Title: Re: Is bitcoin a better payment system?
Post by: 7Dyoknga5 on April 24, 2018, 01:06:09 PM
If bitcoin would have a cheaper and faster transaction fees, then it could be possible.

As of now credit card companies still offer low cost transactions with immediate confirmations.

For me, as of now bitcoin only offers convinience of not going through bank transactions for online purchases.


Title: Re: Is bitcoin a better payment system?
Post by: Prettyme on April 24, 2018, 01:08:59 PM
The answer is that it often is not, at least for most people, most of the time. Eventually it will be the best payment system, but it needs to develop further, gain more adoption, and get over the scaling obstacles. Even so, Bitcoin is already the best payment system for certain use-cases, such as sending money across borders, or receiving money from someone you don't trust (which helps further in cross-border transactions).

Yes it is the best part system since a lot of people and markets accepting it as a means of payment. I am hoping that in spite of this they can still secured bitcoin and as much as possible bitcoin shouldn't involve in different crimes so that there would be no reason to banned it.


Title: Re: Is bitcoin a better payment system?
Post by: cosmo1 on April 24, 2018, 01:11:00 PM
Yes,it is better payment system.It is easy for sending and receiving money across the overseas.If every country makes bitcoin as legal then the bitcoin payment system will more better than all payment system but it is difficult that every government will not make bitcoin as legal.Hope in future every government will make bitcoin as legal.

But still bitcoin is a better payment system. :)


Title: Re: Is bitcoin a better payment system?
Post by: Kuchiyose on April 24, 2018, 01:12:35 PM
For now it can be said to be better with all transactions done by the internet network. A great start to getting better


Title: Re: Is bitcoin a better payment system?
Post by: gordeevaverona on April 24, 2018, 01:13:46 PM
Before BitCoin became a popular trend, the following events occurred. People who saw all the risks to which all money and values ​​are exposed, tried to develop a new type of currency, protected from the main threats. We started working on this in 1998.

In 2008, the creator of BitCoin himself described his offspring by sending letters to his subscribers. It turned out to be a crypto currency, not regulated by anyone absolutely, no individuals and banks. Previously, a book was written about such a currency, but at the time of its writing this currency remained just a dream. Now the dream of an unregulated crypto currency has come true!

And in 2009 the first small amount of the new currency was generated by the application, 50 bitcoins. At that time, the cost of the crypto currency was 700-1600 bitcoins to 1 dollar. Today, the cost of 1 bitcoin (one coin) is from 200 to 1000 dollars! In the same year, it was possible to transfer bitcoins to one user by another.

Today, the crypto currency - the electronic currency BitCoin, digital money of a new generation - is widespread in all countries of North America, practically in all countries of Europe. BitCoin users are people from different countries and continents - the popularity of the crypto currency is not only not falling, but has been growing for a long time already!


Title: Re: Is bitcoin a better payment system?
Post by: Telybin on April 24, 2018, 01:14:22 PM
When you transfer money from one bank to another, banks will keep a few days to confirm the correct information. Similarly, international transfers will take a long time. But for bitcoin trading it is very fast.Payment system will be better.


Title: Re: Is bitcoin a better payment system?
Post by: olatslodi on April 24, 2018, 01:22:54 PM
Bitcoin is a good payment system in every transaction you wamt to do. When we use Bitcoin as payment it make our live easier and we can avoid charges and hassle free. Nothing happened to  experienced some trouble when it comes to payment system. Bitcoin is so easy and helpful.


Title: Re: Is bitcoin a better payment system?
Post by: PeRo on April 24, 2018, 01:27:09 PM
Most of the people say it is not because of "high fees, long transaction confirmation times", but thats outdated news, Bitcoin still has a higher fee than it had a few years ago, bit the transactions aren't very slow right now. The only problem right now is adoption, more stores and sites need to accept Bitcoin, and then it will be perfect.


Title: Re: Is bitcoin a better payment system?
Post by: FsJsxy on April 24, 2018, 01:28:24 PM
I do not think that in the future bitcoin will be used as a payment system, rather it will be a reserve world currency. The blockchain of the bitcoin  is too congested and can not provide transactions quickly.


Title: Re: Is bitcoin a better payment system?
Post by: dianepot on April 24, 2018, 01:34:47 PM
I agree that bitcoin is the better payment system . You can already send money without going to a bank or travelling in able to send it. All you need is an internet connection & of course bitcoin and it was just a click away then your money is already in someone or even to your loved ones . You can even transfer funds internationally. With bitcoin im able to interact with other people all over the world. Although there are times that bitcoin network is congested that makes its each transaction sIow and high transaction fees. But still its the best payment system for me.


Title: Re: Is bitcoin a better payment system?
Post by: jerowacik on April 24, 2018, 02:04:32 PM
As a payment system, Bitcoin is still heavily flawed, and there are core issues that are stopping its growth in this direction. Bitcoin’s scalability is being hampered because it is too slow and expensive relative to more conventional payment processing platforms.


Title: Re: Is bitcoin a better payment system?
Post by: florinda0602 on April 24, 2018, 02:04:50 PM
The answer is that it often is not, at least for most people, most of the time. Eventually it will be the best payment system, but it needs to develop further, gain more adoption, and get over the scaling obstacles. Even so, Bitcoin is already the best payment system for certain use-cases, such as sending money across borders, or receiving money from someone you don't trust (which helps further in cross-border transactions).

Yes it is the best part system since a lot of people and markets accepting it as a means of payment. I am hoping that in spite of this they can still secured bitcoin and as much as possible bitcoin shouldn't involve in different crimes so that there would be no reason to banned it.

Yes, bitcoin is a better payment transactions,  It will minimize the time, effort and transaction fees than doing transaction in the bank.


Title: Re: Is bitcoin a better payment system?
Post by: dhka on April 24, 2018, 02:17:27 PM
The answer is that it often is not, at least for most people, most of the time. Eventually it will be the best payment system, but it needs to develop further, gain more adoption, and get over the scaling obstacles. Even so, Bitcoin is already the best payment system for certain use-cases, such as sending money across borders, or receiving money from someone you don't trust (which helps further in cross-border transactions).


Agree with you. For now there is still homework for bitcoin to be used worldwide. But still it is better than most banking payment method and a lot cheaper too. As long as there is local exchange in both location. Ethereum is now a better payment method than bitcoin, a lot faster and a lot cheaper too!


Title: Re: Is bitcoin a better payment system?
Post by: Mapalast on April 24, 2018, 03:37:16 PM
seeing that bitcoin has disadvantages that is low transaction process and high transaction fee .  I guess it wouldn't become a great payment.
if it is meant to be the best payment, it should be cheaper and faster.


Title: Re: Is bitcoin a better payment system?
Post by: kakajones25 on April 24, 2018, 03:44:50 PM
It depends.  To date it may not be a better payment system but once government policies step in and guidelines are framed it can surely become a better payment system.


Title: Re: Is bitcoin a better payment system?
Post by: maruf9522 on April 24, 2018, 03:50:26 PM
yes i think bitcoin better payment system ,i feal fres when i pay any payment with btc , its so easy also without pain


Title: Re: Is bitcoin a better payment system?
Post by: serverus on April 24, 2018, 03:53:43 PM
For me it is a good way since it uses the technology of blockchain, it has a secured and transparent transaction. With this you can easily manage and track the flow of each transaction.


Title: Re: Is bitcoin a better payment system?
Post by: bitlind on April 24, 2018, 03:55:02 PM
Bitcoin is not the best payment system, it has problems with scaling and high commission. But let's see what will change with the introduction of Ligthning Network


Title: Re: Is bitcoin a better payment system?
Post by: electrobit on April 24, 2018, 03:57:13 PM
Most of the people say it is not because of "high fees, long transaction confirmation times", but thats outdated news, Bitcoin still has a higher fee than it had a few years ago, bit the transactions aren't very slow right now. The only problem right now is adoption, more stores and sites need to accept Bitcoin, and then it will be perfect.
You are right. Many people complain because of fees but that depends on what wallet you use.

I personally use bitpay wallet and the fees are very low. :)


Title: Re: Is bitcoin a better payment system?
Post by: mdrakibul on April 24, 2018, 03:57:46 PM
yes,of course bitcoin is a better payment system.Because most people work online to earn some money, if they do not get the money, then what does it mean to work but Bitcoin is 100% right.


Title: Re: Is bitcoin a better payment system?
Post by: Man91 on April 24, 2018, 04:02:39 PM

The ambiguous attitude to Bitcoin payment system is due to the fact that the currency develops spontaneously and is not controlled by any law. It does not have a single control center, it is not tied to any country and allows you to store confidentiality in the network to its owner. Crypto currency is not stored in banks and does not have any material values, it can be used from any corner of the world. Nobody will close the user's access to his bitcoin-wallet and will not force him to prove that this wallet belongs to you. This gives unlimited opportunities for transfers and transactions in the crypto currency and the full will of its owner. Commission fees for transfers are also not charged.


Title: Re: Is bitcoin a better payment system?
Post by: richan on April 24, 2018, 04:06:18 PM
Yes bitcoins is best payment system than most traditional money payment system like western union or moneygram or any other online payment. Because of the anonymous nature of it coupled with the freedom to make payment without you been checked on by authorities of the banks. You can even profit from the price appreciation if you hold it.


Title: Re: Is bitcoin a better payment system?
Post by: JoshMart on April 24, 2018, 04:17:30 PM
I love Bitcoin and it is awesome but as a payment system, I believe that it is not the best, that is the area wherein Bitcoin needs to improve at. The very long transaction turn around time and the very high transations fees are just not cool, I hope this gets resolve soon. It is not perfect but I know that it doesn't stop there, these disavantages should not be the reason for us to just forget the good things it can and it is still giving us. Let it develop and evolve, I am sure that once it resolves these issues, it will be the best payment system that we are all looking for.


Title: Re: Is bitcoin a better payment system?
Post by: Kurokonobasuke on April 24, 2018, 04:19:36 PM
The answer is that it often is not, at least for most people, most of the time. Eventually it will be the best payment system, but it needs to develop further, gain more adoption, and get over the scaling obstacles. Even so, Bitcoin is already the best payment system for certain use-cases, such as sending money across borders, or receiving money from someone you don't trust (which helps further in cross-border transactions).
It's still kinda new system for the people, even me, the bitcoin system of how it transacts. It is kinda risky tho because you can revive or refund what you've send bitcoins. And sometimes because it is anonymous, the users of bitcoin, it is hard to find where those people when you made a mistake and want to get back what you send.


Title: Re: Is bitcoin a better payment system?
Post by: Ashong Salonga on April 24, 2018, 04:20:10 PM
bitcoin transaction has advantages and disadvantages. for example, sometimes bitcoin transaction takes a lot of time even for a high fee, that obvious disadvantage for bitcoin, but it is still can be developed. for me, i really enjoy use bitcoin because i think bitcoin is easy to use it, especially for international transaction.
Maybe it is a good idea to use bitcoin as payment system. Nowadays our world is really innovating rapidy, you can use technology anywhere so the fact that bitcoin has a advantage in that way it might be a good thing that we can use it in our daily transaction that give convenience in our society.


Title: Re: Is bitcoin a better payment system?
Post by: Charlesit on April 24, 2018, 04:47:02 PM
I feel that,bitcoin is better payment system,because The system is purely peer-to-peer; users experience a greater degree of freedom than with national currencies. Purchases Are Not Taxed. Since there is no way for third parties to identify, track or intercept transactions that are denominated in Bitcoins, one of the major advantages of Bitcoin is that sales taxes are not added .


Title: Re: Is bitcoin a better payment system?
Post by: Similificator on April 24, 2018, 04:49:35 PM
The answer is that it often is not, at least for most people, most of the time. Eventually it will be the best payment system, but it needs to develop further, gain more adoption, and get over the scaling obstacles. Even so, Bitcoin is already the best payment system for certain use-cases, such as sending money across borders, or receiving money from someone you don't trust (which helps further in cross-border transactions).


Yup, I really agree with you op, anyone saying otherwise is daydreaming or just says what he thinks is good to say. Clearly, bitcoins as of today still has a lot of flaws in it that hinders it form becoming a better payment system than what we currently have today. But for people who wants to send money abroad or to sell and buy illegal stuff, it'll be heaven. LOL.


Title: Re: Is bitcoin a better payment system?
Post by: Jannatul Shefa on April 24, 2018, 04:52:03 PM
Yeah I really think it's a great payment system than other currencies. If I  compare with other payment system then it's surely the best one without any taxes.


Title: Re: Is bitcoin a better payment system?
Post by: sisjow on April 24, 2018, 05:28:06 PM
The answer is that it often is not, at least for most people, most of the time. Eventually it will be the best payment system, but it needs to develop further, gain more adoption, and get over the scaling obstacles. Even so, Bitcoin is already the best payment system for certain use-cases, such as sending money across borders, or receiving money from someone you don't trust (which helps further in cross-border transactions).

bitcoin is really a good payment system i think. especially about international transactions. easy to use it and it will not take a lot of time (in this case, we just need to put the high fee for a transactions) ;)


Title: Re: Is bitcoin a better payment system?
Post by: Odiss on April 24, 2018, 06:00:12 PM
When the light network is released it will improve completely, this year the BTC will undoubtedly take off because of these transactions


Title: Re: Is bitcoin a better payment system?
Post by: drlederman on April 24, 2018, 06:01:07 PM
If the question is, "why is bitcoin better than fiat money," the answer is that it cannot be debased, nor controlled by any person or privileged group of people. It is money that derives its price from the market (voluntary exchange) instead of by coercion and force. Thus, it is both a better store of wealth, and also more ethical, transparent, and honest.

If your question is, "why is bitcoin a better payment system?" The answer is that it often is not, at least for most people, most of the time. Eventually it will be the best payment system, but it needs to develop further, gain more adoption, and get over the scaling obstacles. Even so, Bitcoin is already the best payment system for certain use-cases, such as sending money across borders, or receiving money from someone you don't trust (which helps further in cross-border transactions).


Title: Re: Is bitcoin a better payment system?
Post by: xraisers on April 24, 2018, 06:04:26 PM
There is no reason to doubt the performance of bitcoin over other cryptocurrencies. it is the best payment method as it is quite secure and easier one to make transactions and better than those of the traditional payment method as transactions are totally done online and from anywhere in the world. And with the technological advancements, this method is under the process of development and has proven easy to use overtime


Title: Re: Is bitcoin a better payment system?
Post by: Lalafell on April 24, 2018, 06:24:36 PM
The answer is that it often is not, at least for most people, most of the time. Eventually it will be the best payment system, but it needs to develop further, gain more adoption, and get over the scaling obstacles. Even so, Bitcoin is already the best payment system for certain use-cases, such as sending money across borders, or receiving money from someone you don't trust (which helps further in cross-border transactions).

Compare to fiat, online transactions need some payment system that is direct and won't take different companies and banks before actually buying the goods or services you want to avail. For me, block chain technology is the perfect job for this. Cryptos are being used efficiently as payment method because the fees are fair and the transactions are generally faster.


Title: Re: Is bitcoin a better payment system?
Post by: madhabilota on April 24, 2018, 06:34:51 PM
For me it is not second but for me it is the first best way of payment and I have found bitcoin better than fiat while paying for something, if you want to buy something from far away you will not have to go for it, you can easily pay using bitcoin for it, gradually bitcoin is being famous and strong web, so for me best currency to use for payment is bitcoin and I like while I pay with bitcoin because I know I am contributing in bitcoin popularity and I am trying to spread awareness about bitcoin, I am sure bitcoin is going to be the currency of the era soon.


Title: Re: Is bitcoin a better payment system?
Post by: Arkyo on April 24, 2018, 06:52:02 PM
Maybe bitcoin is not the most advanced payment system. There are coins with which a large number of transactions in a second - Bitcoin Cash, Ripple. But bitcoin is the most reliable and promising from the further growth point of view.


Title: Re: Is bitcoin a better payment system?
Post by: DatKing on April 24, 2018, 07:02:36 PM
Bitcoin is developing day by day. For example ; in the near past, money transfers,payment with Bitcoin in shops etc. were being used less because of high fees. But Lightning payment system has been introduced and it has been said to reduce the fees. After that, more people started to use Bitcoin as a payment system.


Title: Re: Is bitcoin a better payment system?
Post by: Ascredo on April 24, 2018, 07:07:52 PM
Hello! Im new here but im really interesting in bitcoin. I heard and i know that this is the fastes way for payments but im courious to know more details.


Title: Re: Is bitcoin a better payment system?
Post by: dancingnancy on April 24, 2018, 07:18:31 PM
The answer is that it often is not, at least for most people, most of the time. Eventually it will be the best payment system, but it needs to develop further, gain more adoption, and get over the scaling obstacles. Even so, Bitcoin is already the best payment system for certain use-cases, such as sending money across borders, or receiving money from someone you don't trust (which helps further in cross-border transactions).
Btc has eliminated having to deal with middlemen and third party sponsors which leads to not anonymity and security between traders also it's much more cheaper in the long run when traded rightly. Once more vendors start accepting btc or crypto as a payment system it will be a very good payment system.


Title: Re: Is bitcoin a better payment system?
Post by: Anakcikal on April 24, 2018, 07:21:17 PM
Bitcoin is a cash system that conducts Investigations on the internet and digital currency systems Because Bitcoin's online payment system is clearly favored for several reasons such as exemption of transaction fees and risk freedom.


Title: Re: Is bitcoin a better payment system?
Post by: Sid3d on April 24, 2018, 07:25:22 PM
Now there are a lot of projects that simply can change the established rules of the game, I think this will affect everything from entertainment to government. And yes bitcoin is a financial revolution.


Title: Re: Is bitcoin a better payment system?
Post by: hsyncl on April 24, 2018, 07:48:31 PM
Unfortunately, I do not think Bitcoin's approaches to using it as a means of payment anymore. Because BitCoin enters such a volatile position, it can cause great losses both by the buyer and the seller. I do not think people will shop with bitcoin on both sides. With the bitcoin you send while you are shopping, you can get two more in the same day for the minute, and the bitcoin you send to the opposite can correspond to the half of the value of that product. Maybe if the only currency in the future is bitcoin, then we can match the values of the products to bitcoin.


Title: Re: Is bitcoin a better payment system?
Post by: Melvin Narag on April 24, 2018, 07:50:48 PM
When it comes to speed of transaction speed yes, since you just have to click and click then the payment is over no need to travel to reach the counter, only process confirmation is needed after sending your coins as payment.


Title: Re: Is bitcoin a better payment system?
Post by: dmamigo on April 24, 2018, 07:58:17 PM
When it comes to speed of transaction speed yes, since you just have to click and click then the payment is over no need to travel to reach the counter, only process confirmation is needed after sending your coins as payment.

Considering the speed of the transaction, its not necessarily always good and on time. Better than Bitcoin you will find much better option if speed is the concern. But yes the speed depends on the fees, so yes you can alter the speed according to your needs when required. If I have option I prefer Litecoin and Dash. The price doesn't fluctuates with a great difference, so I am not affected much when fiat value of the coins dips. Atleast I get time to react.


Title: Re: Is bitcoin a better payment system?
Post by: Core.BUSTER on April 24, 2018, 08:01:03 PM
The answer is that it often is not, at least for most people, most of the time. Eventually it will be the best payment system, but it needs to develop further, gain more adoption, and get over the scaling obstacles. Even so, Bitcoin is already the best payment system for certain use-cases, such as sending money across borders, or receiving money from someone you don't trust (which helps further in cross-border transactions).

Most people might still misunderstood what bitcoin and block chain technology is. May be once they realize how far the cryptos are from the money scams, they will be delighted to have bitcoin as payment system. I can see that as more and more industries are accepting bitcoin as payment, more people will say it is the best currency and method of buying products and services through online transactions.


Title: Re: Is bitcoin a better payment system?
Post by: Stac on April 24, 2018, 08:02:18 PM
Yes bitcoin is a better payment system than any other system as bitcoins makes the work easy of transacting all over the world by a simple click and no one have to think of going to the banks for transferring funds all over the world with minimal transaction charges, bitcoins gives a sense of financial freedom to all its users. Now a days many banks taking peoples money in the name of service charges and other additional charges for an account holder making it difficult for the bank users whereas with bitcoins there is no charges for holding your bitcoins in the users wallet.


Title: Re: Is bitcoin a better payment system?
Post by: KITTY 0108 on April 24, 2018, 08:07:15 PM
I think there is still a stuju and do not agree if bitcoin into a means of payment.


Title: Re: Is bitcoin a better payment system?
Post by: wewe123 on April 24, 2018, 08:16:30 PM
Yes ,I can say that bitcoin it is a better payment system in the internet, because it can be compare to debit card, but you do not have a card it is by simply key numbers to transact payments and other transactions, especially the establishment that will say ,we accept bitcoin payment.


Title: Re: Is bitcoin a better payment system?
Post by: maximkretov on April 24, 2018, 08:18:50 PM
Today we will note that money is a tool for the realization of one's goal. But electronic money is an improved model. But at the moment there is a new market — cryptocurrency. And this is not electronic money, but digital coins, which in turn can displace both Fiat and the electronic version.


Title: Re: Is bitcoin a better payment system?
Post by: Tirdok on April 24, 2018, 08:19:35 PM
I don't think bitcoin is the best payment system. I believe there are better payment systems


Title: Re: Is bitcoin a better payment system?
Post by: Paul karet on April 24, 2018, 08:30:17 PM
the bitcoin payment system has many flaws and advantages. examples of technological methods used are better but require greater transaction costs


Title: Re: Is bitcoin a better payment system?
Post by: melinda29 on April 24, 2018, 08:31:26 PM
As a payment system, Bitcoin is still heavily flawed, and there are core issues that are stopping its growth in this direction. Bitcoin’s scalability is being hampered because it is too slow and expensive relative to more conventional payment processing platforms.


Title: Re: Is bitcoin a better payment system?
Post by: Omosomofa on April 24, 2018, 08:52:57 PM
Bitcoin is the best payment method ever seen. I love Bitcoin and I strong believe it will change the whole world soon. Bitcoin Less volatile than cash, Bitcoin has a global acceptance and is less volatile than cash / local currency. Due to this feature, it becomes easier to conduct transactions across boundaries and online. Ease of online shopping ,As we already know, Bitcoin can us do online shopping. It’s like an e-wallet which can be created blockchain technology to store, track and spend digital money. So many reason to believe that is the best payment method.


Title: Re: Is bitcoin a better payment system?
Post by: tyas pur on April 24, 2018, 09:09:50 PM
Bitcoin is better for payment?
Are you sure?
I have another opinion about Bitcoin, Bitcoin is easy when executing payment transactions only one click all completed, but the transaction costs are quite expensive.
If in this case, developed again may be a better method of payment.
The risk level for payment is limited, cannot be made to make all payments. Currently Bitcoin is only used by a few companies so not all companies use Bitcoin as a means of payment.


Title: Re: Is bitcoin a better payment system?
Post by: Btcmarmipp2 on April 24, 2018, 09:13:40 PM
I think it will be the great payment system globally if every government adopt bitcoin. No need to exchange currency and hassle free if you step in the other country.


Title: Re: Is bitcoin a better payment system?
Post by: Jackblack90909 on April 24, 2018, 09:16:53 PM
In my opinion, Bitcoin is better as an asset rather than payment system, or a currency. Currently very limited marketplaces online support BTC and also it is not supported as payment method offline in most countries around the world. Also the BTC transactions take time to get confirmed so it is not very effective to complete the daily fast payments.


Title: Re: Is bitcoin a better payment system?
Post by: Xardasim on April 24, 2018, 09:18:23 PM
The answer is that it often is not, at least for most people, most of the time. Eventually it will be the best payment system, but it needs to develop further, gain more adoption, and get over the scaling obstacles. Even so, Bitcoin is already the best payment system for certain use-cases, such as sending money across borders, or receiving money from someone you don't trust (which helps further in cross-border transactions).

Currently we can not use Bitcoin as a payment, because it is impossible to set up a payment system with a price changing between 7000-10000 USD for 1 day. So, think about it, you go to the store with 0.01 Bitcoin, but at the end of the shopping money is not enough and the prices are changing. I mean, it's a little hard to do this now. When Bitcoin's price will be stable, then maybe it can be used.


Title: Re: Is bitcoin a better payment system?
Post by: joykulot on April 24, 2018, 09:23:07 PM
For me, Bitcoin is the best payment. Because the transaction is so fast. In one click, your payment will be accepted immediately. And then it is hassle free because you don't need to stand in line to pay. And you don't need to exchange.


Title: Re: Is bitcoin a better payment system?
Post by: MetalGear on April 24, 2018, 09:28:17 PM
The answer is that it often is not, at least for most people, most of the time. Eventually it will be the best payment system, but it needs to develop further, gain more adoption, and get over the scaling obstacles. Even so, Bitcoin is already the best payment system for certain use-cases, such as sending money across borders, or receiving money from someone you don't trust (which helps further in cross-border transactions).

More people would like to use crypto currency in that world and everyone will gain access to it. For now, it is a great payment system since there are a lot industries that accept bitcoin. In addition to that, I do believe that bitcoin has great future and great potential to become future currency.  Lastly, I hope bitcoin will good enough in our near future.


Title: Re: Is bitcoin a better payment system?
Post by: mekusproj on April 24, 2018, 09:46:25 PM

One of the biggest risks for online stores is fraud. You take a credit card payment, but days later you can receive notice that the charge was reversed. You’re stuck footing the bill because you’ve already sent the product. You not only lose money, but you also lose your product to fraud. Even the most secured businesses fall victim to fraud sometimes.

Bitcoin technology is created in a way that disallows payment reversal or chargebacks. A wallet has a set amount of money in it, and customers pay from their wallet to yours. Payments are a one-way only transaction, so you can’t lose money due to stolen credit cards. As a matter of fact, the customer takes the risk of you never sending product even though you’ve been paid.


Title: Re: Is bitcoin a better payment system?
Post by: Gatot84 on April 24, 2018, 09:55:17 PM
I do not think bitcoin can be said to be a better payment system for now because it has not gained the trust of most people and organizations and for the best knowledge. There are more governments than none that have not legalized bitcoin in their respective countries. 8)


Title: Re: Is bitcoin a better payment system?
Post by: John Joseph Mago on April 24, 2018, 11:04:18 PM
Its not better for me because the price of bitcoins is moving too much and no one will accept it because when its dump they will lost money too just like on supermarkets you paid 0.1 BTC then the Bitcoin dumps so the supermarket will lost money and not to gain.


Title: Re: Is bitcoin a better payment system?
Post by: MarkusIsaiah on April 24, 2018, 11:05:01 PM
for me bitcoin is a good payment because i used bitcoin to pay my utility bill and credit card bill, It was easy to used. the disadvantage of bitcoin as a payment is it has a limit when u used bitcoin as a payment.


Title: Re: Is bitcoin a better payment system?
Post by: Pinkris128 on April 24, 2018, 11:08:08 PM
I do not think bitcoin can be said to be a better payment system for now because it has not gained the trust of most people and organizations and for the best knowledge. There are more governments than none that have not legalized bitcoin in their respective countries. 8)
It was good to you as a payment in some other point because it has no charges. The only risk here was bitcoin price was not stable so increase or decrease sometimes. But for me I want to used it as a payment because it is much faster and easier to tranfer money from one person to another.


Title: Re: Is bitcoin a better payment system?
Post by: East2011 on April 24, 2018, 11:13:27 PM
I think for now bitcoin is not a better payment. Because it is not widely accepted in many countries. I think it will be good if government will make some move in making bitcoin more safer for its users.


Title: Re: Is bitcoin a better payment system?
Post by: The best one on April 24, 2018, 11:20:47 PM
Better then real money? Of course yes.But the best in all cryptocurrency ? No.I think that better payment system is eth.

As for me why bitcoin a better payment system in financial system ?  Because bitcoin is a decentralized, peer-to-peer, "cryptocurrency" system designed to allow online users to process transactions through digital units of exchange called Bitcoins. Beside that in the Bitcoin payments are processed through a private network of computers linked through a shared program. Each transaction is simultaneously recorded in a "blockchain" on each computer that updates and informs all accounts so Bitcoin is better payment system  than others payment system.


Title: Re: Is bitcoin a better payment system?
Post by: KuraJamban on April 24, 2018, 11:24:21 PM
Bitcoin isn't good used for a payment because their fee is so High. Besides that, the transaction speed of bitcoin is taking almost 1-2 hour / per transaction.
So i don't think it will be good.


Title: Re: Is bitcoin a better payment system?
Post by: Bohxz M4p4gm4h4l25 on April 24, 2018, 11:29:21 PM
Better then real money? Of course yes.But the best in all cryptocurrency ? No.I think that better payment system is eth.

Its not actually, what if Bitcoin suddenly decrease in price what youw ill do if you really have to pay that person? I think you have to pay them in the exact amount of Bitcoin that you have ask them,  and if that happened double loss will occur at your side wshich is very devastating since you should have reach the money even though the price really downed at the moment.


Title: Re: Is bitcoin a better payment system?
Post by: Ravenangel on April 24, 2018, 11:37:39 PM

yes Bitcoin is a better payment system as its fast reliable and convenient. The users enjoy the privacy and anonymity if they so wish and the transactions are kept secret. Bitcoin is also boderless and acceptable means of payment across ,m
ost countries with ease eliminating the exchange rate expenses


Title: Re: Is bitcoin a better payment system?
Post by: alexsandria on April 24, 2018, 11:51:17 PM

yes Bitcoin is a better payment system as its fast reliable and convenient. The users enjoy the privacy and anonymity if they so wish and the transactions are kept secret. Bitcoin is also boderless and acceptable means of payment across ,m
ost countries with ease eliminating the exchange rate expenses

BTC payment system is one of the feature that make it so useful. It is a better payment system because  it will give bitcoin users a convenient and hassle-free transactions. They don’t have to exert so much effort to get the transactions done.


Title: Re: Is bitcoin a better payment system?
Post by: gesdan on April 24, 2018, 11:54:03 PM
for me bitcoin is better payment system, its better than other digital currencies, the advantages of bitcoin is very much, we can see that bitcoin is multifunction when the other digital currency just can pay the payment, we can see that bitcoin can used for trading, investment, currencies and anything else, so for me bitcoin is the better payment system that i know


Title: Re: Is bitcoin a better payment system?
Post by: Jlv on April 24, 2018, 11:58:33 PM
Yes for me bitcoin is a better payment, if the people will  truly understand this on how to operate, like sending bills payment system, they know how to trade and invest, then they can realize that this is easy to use.


Title: Re: Is bitcoin a better payment system?
Post by: wolfgang56 on April 25, 2018, 12:21:21 AM
The answer is that it often is not, at least for most people, most of the time. Eventually it will be the best payment system, but it needs to develop further, gain more adoption, and get over the scaling obstacles. Even so, Bitcoin is already the best payment system for certain use-cases, such as sending money across borders, or receiving money from someone you don't trust (which helps further in cross-border transactions).
As of now I don't really think that bitcoin is a good system for now because there are still some flaws from it. Just few stores are accepting bitcoin and still not well-known to people. Bitcoin is still a stranger to people so it might be hard for them to understand its system.


Title: Re: Is bitcoin a better payment system?
Post by: pushups44 on April 25, 2018, 12:29:42 AM
At this point in time, bitcoin is having problems with scaling, but once the Lightning Network is fully developed along with other off-chain solutions, I believe bitcoin will once again be suitable for payments and microtransactions.


Title: Re: Is bitcoin a better payment system?
Post by: dekafee79 on April 25, 2018, 12:55:54 AM
The answer is that it often is not, at least for most people, most of the time. Eventually it will be the best payment system, but it needs to develop further, gain more adoption, and get over the scaling obstacles. Even so, Bitcoin is already the best payment system for certain use-cases, such as sending money across borders, or receiving money from someone you don't trust (which helps further in cross-border transactions).

yes, it is true. I think bitcoin is the best payment sistem, it is better than real money. it is the best crypto today.


Title: Re: Is bitcoin a better payment system?
Post by: NathanJB on April 25, 2018, 01:00:55 AM
The answer is that it often is not, at least for most people, most of the time. Eventually it will be the best payment system, but it needs to develop further, gain more adoption, and get over the scaling obstacles. Even so, Bitcoin is already the best payment system for certain use-cases, such as sending money across borders, or receiving money from someone you don't trust (which helps further in cross-border transactions).

I agree. As of now, Bitcoin as a payment system is only good for certain transactions but definitely not all. Bitcoin is perfect for transactions involving large sums. But for little payments such as a meal or a pair of shoes or a piece of T-shirt, Bitcoin may not be perfect as the fee is a little higher. Indeed, international transactions are also perfect for Bitcoin as it is borderless.


Title: Re: Is bitcoin a better payment system?
Post by: Aleth on April 25, 2018, 01:11:38 AM
Bitcoin is a better payment system because first it is digital, it is faster, very convenient you can pay anytime, anywhere, saves energy and time.


Title: Re: Is bitcoin a better payment system?
Post by: aray80 on April 25, 2018, 01:13:40 AM
Bitcoin is not the best payment tool, why I say that? because every time the transaction you have to pay a high transaction fee and for the process of receiving or sending it this transaction takes a long time. so, if you make it as a payment system it probably will not make all bitcoin users will agree...


Title: Re: Is bitcoin a better payment system?
Post by: tera linh on April 25, 2018, 01:15:29 AM
I feel that,bitcoin is better payment system,because The system is purely peer-to-peer; users experience a greater degree of freedom than with national currencies. Purchases Are Not Taxed.


Title: Re: Is bitcoin a better payment system?
Post by: popoyuyun on April 25, 2018, 01:58:17 AM
Bitcoin is a faster, cheaper, and easier way to transfer money. Bitcoin's payment system is very easy and very fast. I often deal with bitcoin.


Title: Re: Is bitcoin a better payment system?
Post by: fuer44 on April 25, 2018, 02:01:34 AM
bitcoin is perfect as a means of payment. there is no difficulty to verify and also the transaction goes quickly. will be much different when you try to use paypal or the other as a means of payment. I've proved myself, bitcoin is easier and faster than paypal.


Title: Re: Is bitcoin a better payment system?
Post by: thenameisjay on April 25, 2018, 02:16:31 AM
The answer is that it often is not, at least for most people, most of the time. Eventually it will be the best payment system, but it needs to develop further, gain more adoption, and get over the scaling obstacles. Even so, Bitcoin is already the best payment system for certain use-cases, such as sending money across borders, or receiving money from someone you don't trust (which helps further in cross-border transactions).

I somehow doubt this but bitcoins are far from over if we talk about its growth. Bitcoins have a lot of updates to go through so we can expect that bitcoins will be an immediate replacement to our payment systems. As of now, I'll be sticking to fiat transfer because of cheap and fast it is to use.


Title: Re: Is bitcoin a better payment system?
Post by: gabbie2010 on April 25, 2018, 02:16:45 AM
Using bitcoin as a payment system has proved to be a better alternative to PayPal, skrill, webmoney e.t.c a good feature to that effect is the ability to track and trace your funds using a transaction hash in the blockchain this feature cannot be found in other payment system and obviously bitcoin payment system has a fast and swift transactions.


Title: Re: Is bitcoin a better payment system?
Post by: brengoskandel on April 25, 2018, 02:17:42 AM
Bitcoin is not a much better payment system at the moment because it has not started to be used by everybody but it is not enough in a few stores or shops but after a few years it can be called the best payment system so we invest more in investors and do not break the morals I advise them to invest a lot because I think that they will eat their fruits in the future.


Title: Re: Is bitcoin a better payment system?
Post by: ScroodjMoney on April 25, 2018, 02:22:52 AM
If we consider bitcoin as a payment system, while this is not very practical, but payment technology is constantly improving and developing, I think in the future when the system becomes ideal, it will become a really better payment system


Title: Re: Is bitcoin a better payment system?
Post by: kyucryp on April 25, 2018, 02:28:28 AM
I think bitcoin is better used for tools of investment than for the means of payment. because purchasing goods with bitcoin is complicated requires a high cost and a long time unless using a network of lightning. then many stores or countries that do not allow bitcoin as a means of payment


Title: Re: Is bitcoin a better payment system?
Post by: KingOfWinterfell01 on April 25, 2018, 02:54:31 AM
The answer is that it often is not, at least for most people, most of the time. Eventually it will be the best payment system, but it needs to develop further, gain more adoption, and get over the scaling obstacles. Even so, Bitcoin is already the best payment system for certain use-cases, such as sending money across borders, or receiving money from someone you don't trust (which helps further in cross-border transactions).

As of now, bitcoins aren't the most efficient way of paying your bills and sending money to people. You might want to just stick with fiat money transfer today until the technology for bitcoins have become better than now. But I still do believe that one day bitcoins will be as much or even more effective than fiat transfer.


Title: Re: Is bitcoin a better payment system?
Post by: fotosonics on April 25, 2018, 03:05:01 AM
Of course not! Bitcoin is improved and its improved version is presented in the form of other coins! But bitcoin remains happens to be in any king of cryptocurrency!


Title: Re: Is bitcoin a better payment system?
Post by: mimakter on April 25, 2018, 03:31:46 AM
Even though this same topic has gotten many answers on a related thread. It safe to say crypocurrencies are better payment system since all know the issues Bitcoin is facing.

Recently there is a news of BTC adoption as part of payment options in the upcoming world cup. Compared to FIAT BTC is better but ALTS are more better considering the illustration you gave.


Title: Re: Is bitcoin a better payment system?
Post by: maianh09 on April 25, 2018, 03:36:57 AM
bitcoin is perfect as a means of payment. there is no difficulty to verify and also the transaction goes quickly. will be much different when you try to use paypal or the other as a means of payment. I've proved myself, bitcoin is easier and faster than paypal.
Bitcoin has faster payment and transaction speed than Paypal, I agree with this opinion. But Bitcoin's transaction speed is slower than that of other Altcoin. Paypal is widely accepted and used because it has support mechanisms when you encounter scammers.


Title: Re: Is bitcoin a better payment system?
Post by: Socioman on April 25, 2018, 03:55:48 AM
I think bitcoin is not currently being used as a payment system not because it is a bad payment system. The problem is that bitcoin is not popular enough.


Title: Re: Is bitcoin a better payment system?
Post by: CyM99 on April 25, 2018, 03:59:52 AM
If the disadvantages such as high cost, take a lot of time, then I think the advantages of bitcoin is very great. It is widely available and easy to pay, we can trade anywhere in the world, so we can not deny the advantages that it brings to the user.


Title: Re: Is bitcoin a better payment system?
Post by: BlackRacerX on April 25, 2018, 04:22:19 AM
The answer is that it often is not, at least for most people, most of the time. Eventually it will be the best payment system, but it needs to develop further, gain more adoption, and get over the scaling obstacles. Even so, Bitcoin is already the best payment system for certain use-cases, such as sending money across borders, or receiving money from someone you don't trust (which helps further in cross-border transactions).

True. Bitcoins and blockchain technology has a lot of growing up to do to compete with the top dogs of money remittances. I think bitcoins may be the perfect ones to transfer with once all the problems are settled like the slow transfer rate and the transaction fees.


Title: Re: Is bitcoin a better payment system?
Post by: setialovers on April 25, 2018, 05:50:55 AM
The answer is that it often is not, at least for most people, most of the time. Eventually it will be the best payment system, but it needs to develop further, gain more adoption, and get over the scaling obstacles. Even so, Bitcoin is already the best payment system for certain use-cases, such as sending money across borders, or receiving money from someone you don't trust (which helps further in cross-border transactions).

To be honest, bitcoin is good currency if many country around the accept bitcoin as payment. Its more safe and we can carry around the world without have to exchange it to other currency. If many merchant can accept bitcoin, that will attracting tourist or people spend their bitcoin for shopping and that will increasing economic growth


Title: Re: Is bitcoin a better payment system?
Post by: Quicksilver143 on April 25, 2018, 05:57:44 AM
Bitcoin is not the best payment system because it has something to improve, it has a low processing speed. There is some faster than btc as payment system such as eth. I guess bitcoin should do some innovations and fixing some issues about bitcoin is important. Though it is not the best payment system, it is one of the best cryptocurrency.  :o


Title: Re: Is bitcoin a better payment system?
Post by: neerajmittaljii on April 25, 2018, 06:00:56 AM
Refunds are perfectly possible with Bitcoin. In this case it doesn't depend on Bitcoin itself, but the applications being used as payment gateway. BitPay, which is the most popular payment gateway right now, allows refunds too.


Title: Re: Is bitcoin a better payment system?
Post by: Ingramtg on April 25, 2018, 06:17:44 AM
I can't say that right now! But I'm sure bitcoin system was trying to reach its own potential. Bitcoin is in the infancy stage it's still in the process of developing there are many things to polish and accomplish in their in order to be effective. I can't say that it is a better payment system but the right time will come but now  they should focus on their transaction. The high transaction fees and slow transaction.