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Author Topic: Public perception of Bitcoin as payment method (survey)  (Read 470 times)
lifeforcepools
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November 15, 2020, 10:45:46 AM
 #41

Every year, more and more people will start accepting crypto and may realize that this is a good payment method. But in my opinion, this is not quite true.

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gabbie2010
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November 15, 2020, 12:45:21 PM
 #42

So long a survey, above all it quite interesting to answer some salient questions, the fact is that a lot of businesses and organisations will continue to adopt Bitcoin as means of payment in the coming years.
Another point raised in the survey is the difficulties in understanding how to use Bitcoin, internet has made it easier made provision of resources on that topical issues thus its left to any  cryptos enthusiast willing individual to learn and put them to use,
I also agreed to setting up a Bitcoin wallet is faster than that of a bank account that will demand for KYC and related documents.

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November 15, 2020, 01:13:37 PM
 #43

I just finished the survey and it was decent and you have a good list of questions but some of the questions are a yes or no question(which is not a problem I just thought I should mention it) and I think at the end of the survey where you ask about gender, date birth and education is unnecessary. people would either feel cautious, defensive or would just put incorrect information in it which would make it useless for studies, analysis etc.

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November 15, 2020, 06:27:49 PM
 #44

I agree with others, it's pretty long. I managed to pull through, but next time OP, try to make these a little shorter.
Can you share the results with us? I wonder if people see the realities or are overly bullish/bearish and it clouds their judgement.
Unfortunately Bitcoin isn't a great payment method for buying cheap stuff, but if you're planning to buy a house or a car...

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November 15, 2020, 06:34:20 PM
 #45

Hello!

I am a student of Faculty of Social Sciences. For my diploma thesis I want to find out how you think about Bitcoin as a payment method and in general. Your opinion will importantly contribute to a better understanding of Bitcoin use.

In accordance with the recognized ethical standards of scientific research with the EU General Data Protection Regulation (GDPR), steps will be taken to protect your personal data in the process of collection and use for educational and scientific research purposes. The survey data collected will be used in anonymized form for research purposes.

Here is link to the survey: https://www.1ka.si/BitcoinSurvey

I won't complete your survey because I don't trust links with unknown domains (at least to me) and I don't know how long it will take.  If it were maximum 2 minutes, maybe I'd complete it, but again you should use a google survey or something with recognisable & trusted domain.

I'll respond to your question here, though. I think Bitcoin is an amazing method to make payments, but NOT YET. Reason? - The price volatility and the long-term appreciation in value makes it extremely enticing to NOT SPEND it and keep it safe. Fiat currencies on the other side is for spending. They don't appreciate in value, therefore it is logical to dispense them first.

As an advice maybe you can make a little "donation" to everyone who completes the survey and provides you with a bitcoin address. If you can afford it, of course.

Good luck for graduation, man!
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November 15, 2020, 09:21:34 PM
 #46

I agree with others, it's pretty long. I managed to pull through, but next time OP, try to make these a little shorter.
Can you share the results with us? I wonder if people see the realities or are overly bullish/bearish and it clouds their judgement.
Unfortunately Bitcoin isn't a great payment method for buying cheap stuff, but if you're planning to buy a house or a car...
That's how the survey works ...

It's not that long anyways, did you really do the survey hmm?
It's been a long debate about making Bitcoin available and worth it to transact in very low amount of fee. Too bad the solution hasn't arrived yet and the cryptocurrency adoption itself seems taken over by the altcoins that has very low fee. A lot of people interested to use bitcoin to buy stuff but thesedays people sick of the high fee and switch to altcoins, yet the bitcoin price continue to grow now lol

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November 15, 2020, 11:49:53 PM
 #47

I agree with others, it's pretty long. I managed to pull through, but next time OP, try to make these a little shorter.
Can you share the results with us? I wonder if people see the realities or are overly bullish/bearish and it clouds their judgement.
Unfortunately Bitcoin isn't a great payment method for buying cheap stuff, but if you're planning to buy a house or a car...
That's how the survey works ...

It's not that long anyways, did you really do the survey hmm?
It's been a long debate about making Bitcoin available and worth it to transact in very low amount of fee. Too bad the solution hasn't arrived yet and the cryptocurrency adoption itself seems taken over by the altcoins that has very low fee. A lot of people interested to use bitcoin to buy stuff but thesedays people sick of the high fee and switch to altcoins, yet the bitcoin price continue to grow now lol

completed the survey hoping that it will help a lil bit to the OP in collecting some info here. not really long, will consume you maybe 10 min tops.
this will give her perspectives from btctalk users. maybe different from the outside users but will give her different views when it comes to crypto. wonder what conclusion she will come up with?

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November 15, 2020, 11:55:06 PM
 #48

I have filled your survey.

A big problem for BTC as a payment method is that it doesn't really work for that purpose. It takes too long and the fees are too high.
So bitcoin is not good if adopted as payment transaction or bitcoin only have function for investment? I think you have true because I try sending bitcoin last week when bitcoin have higher price need pay more than $5 for payment fees and waiting more than three hours to receive my payment. Better is not good option for bitcoin as payment currency but could help other if use bitcoin as investment assets for the future because increase value every time. Now bitcoin have any issues will be legal payment transaction and waiting how long confirmation take time.

The protocol can always evolve to make it better so there is hope, it's just not practical as it is currently. Other cryptocoins work better, but most people have only heard about bitcoin, so adopting something else is not easy either.
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November 16, 2020, 12:49:24 AM
 #49

In my perception, I can consider myself to use cashless transaction for payment methods. If it established then we don't need to go outside with cash money. As a payment methods, Bitcoin will be a good choose. Already many marchant is doing it. Even PayPal is accepting Bitcoin. So it is established now and it is suitable for me to use, I think it can be considered for all to use easily.

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