mobnepal
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October 14, 2016, 08:20:04 AM |
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Bitcoin users have bitcoin lying around. So if stores offer their products with bitcoin, they will have access to a new class of customers. As for normal customers, I don't see any benefits.
Actually main benefit for vendors, merchants will be cheaper transaction fee than traditional credit card POS system and also far more easier than all those traditional banks, cards system to implement it and no device other than usual mobile or laptop device is required to start accepting bitcoin payments.
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greenuser
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October 14, 2016, 12:06:34 PM |
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Bad money dries out first!
I love Bitcoin but if i pay someone, firstly i will try and pay in shitcoin, ethereum or Monero or something like that. If they will not take shitcoin i will offer GBP. If they will not take GBP i will offer Euro, then USD. Eventually, i will offer Litecoin. Finally and reluctantly, I offer Bitcoin but, i will only let go of my BTC if there is something in it for me.
I want to keep this growing asset.
I am a miner so I would love to pay for my electricity in BTC if i could. It pains me each quarter to draw down BTC for fiat, pay exchange fees, pay bank fees, pay a fee at the ATM and then queue in the Post Office to pay the Electric Company.
The Electric Company want me to submit my electric readings online and pay in GBP by direct debit via a bank account but i say no. They also want to send my bill to me in pdf format via email. I say, no, no, no, no!
Why should i give my email, IP address and bank account number to a Electric Company with shit online security? So i get tones of emails i don't want or get my bank account hacked. Or they sell my info and claim they were hacked. I am happy to pay cash at the Post Office and send my meter readings by post (2nd Class). And as i pay in paper, i want a paper bill too. And... i only pay when the red letter comes.
I tell them, I will submit my electric readings online and get my bill in pdf format via email when i can pay in Bitcoin or shitcoin, but not until.
Remember, bad money dries out first. These companies will not change unless we force their hand
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Noctis Connor
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October 14, 2016, 01:49:42 PM |
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More secure and flexible use bitcoin, i'm using btc cause you dont need card number which used by credit card, or more flexible than paypal. Bitcoin is best payment on internet ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Nope you cant tag bitcoin as best payment option in internet because paypal is still the one if you are observing some of online shops there are using paypal everywhere and its more like that its number i think bitcoin is using for some activities and like investment and growing money.
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freedomgo
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October 14, 2016, 02:04:38 PM |
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More secure and flexible use bitcoin, i'm using btc cause you dont need card number which used by credit card, or more flexible than paypal. Bitcoin is best payment on internet ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Nope you cant tag bitcoin as best payment option in internet because paypal is still the one if you are observing some of online shops there are using paypal everywhere and its more like that its number i think bitcoin is using for some activities and like investment and growing money. We have our own preference and I believe once online people knows that there is a better alternative they will be happy to shift to bitcoin and will eventually adopt with it, if you will compare bitcoin between paypal you can see the big difference, with bitcoin transactions are very cheap or almost free.
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choppork
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October 14, 2016, 02:11:20 PM |
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I think customers would use Bitcoin as payment only if they are already using it in the first place. As a Bitcoin user, I would be happy to walk into a store that accepts Bitcoin as payment. But it would be really hard for the part of the company to conduct a lecture that helps people understand Bitcoins. Non-Bitcoin users simply wouldn't fully understand Bitcoins for that short period of time that they are in your store. Most of them might not even be interested in Bitcoins.
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Harlot
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October 14, 2016, 02:18:57 PM |
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I think customers would use Bitcoin as payment only if they are already using it in the first place. As a Bitcoin user, I would be happy to walk into a store that accepts Bitcoin as payment. But it would be really hard for the part of the company to conduct a lecture that helps people understand Bitcoins. Non-Bitcoin users simply wouldn't fully understand Bitcoins for that short period of time that they are in your store. Most of them might not even be interested in Bitcoins.
Actually the people who use bitcoin has the same reason why people use debit and credit, people use it for its convenience that it brings to them. So people who use bitcoin don't have to use real money to bring and thicken up their wallet. Well that is my perspective of cards and virtual money because of its portability. Also bitcoin can be earned online making people have the ability not to use their own money.
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Yutikas_11920
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October 14, 2016, 02:23:37 PM |
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More secure and flexible use bitcoin, i'm using btc cause you dont need card number which used by credit card, or more flexible than paypal. Bitcoin is best payment on internet ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Nope you cant tag bitcoin as best payment option in internet because paypal is still the one if you are observing some of online shops there are using paypal everywhere and its more like that its number i think bitcoin is using for some activities and like investment and growing money. We have our own preference and I believe once online people knows that there is a better alternative they will be happy to shift to bitcoin and will eventually adopt with it, if you will compare bitcoin between paypal you can see the big difference, with bitcoin transactions are very cheap or almost free. It's something that is easy to pronounce but it will be difficult if know the conditions that occur at that time. Never mind that bitcoin can be promoted in ways like that, because everyone will certainly immediately thought that bitcoin something untested and there must be something bad thing
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AncilVTwo
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October 14, 2016, 03:40:43 PM |
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customers will find the use of bitcoins as arguably the easiest means of making payments and probably the cheapest as fees are very low...close to free Wink. We also get to enjoy some confidentiality to some degree provided you take the precautionary steps
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molsewid
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October 14, 2016, 04:00:54 PM |
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If customers configure it out that bitcoin really helps people to have an easy transaction then customers should choose bitcoin instead of any payment method , Yes Bitcoin can really for now as payment one because in the next feature it will be happen.
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Hugroll
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October 14, 2016, 04:21:37 PM |
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but if you look at the 3 cents fee, its not really that big for a service that bitcoin provides. its fast anonymous and most importanly its secure. other third party currencies may give you all that but they cant give you the "secure" part.
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innominatus
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October 14, 2016, 04:22:11 PM |
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the biggest thing, no sending fees!
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SamMurphy
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Bitcoin unionhead who's neglecting fiat :)
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October 14, 2016, 05:45:05 PM |
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May have fees but first transactions are very safe and are essentially anonymous. And the amount of 3 cents is minimal compared to the benefits you using btc. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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serjent05
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Up to 300% + 200 FS deposit bonuses
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October 14, 2016, 06:07:48 PM |
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customers will find the use of bitcoins as arguably the easiest means of making payments and probably the cheapest as fees are very low...close to free Wink. We also get to enjoy some confidentiality to some degree provided you take the precautionary steps
Cheapest maybe but not easiest. Remember there are lots of stores that are not accepting bitcoin. They need a third party in order to buy certain items on that online store. For example, amazon does not accept bitcoin, you need to thru purse.io in order to buy items from amazon, isnt that extra effort or hardwork on the customers side?
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dumada
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October 14, 2016, 07:31:11 PM |
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May have fees but first transactions are very safe and are essentially anonymous. And the amount of 3 cents is minimal compared to the benefits you using btc. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Why only the first transaction is safe? I have done many bitcoin transactions. They are all quite safe.
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LuckyYOU
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October 14, 2016, 08:03:00 PM |
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May have fees but first transactions are very safe and are essentially anonymous. And the amount of 3 cents is minimal compared to the benefits you using btc. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Why only the first transaction is safe? I have done many bitcoin transactions. They are all quite safe. I think he means the first transactions are anonymous because if you use 1 btc address your identity will be disclosed to others. So if you want to stay anonymous with bitcoin make sure you use 1 address for every transaction. That's how this is essence works.
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richardsNY
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October 14, 2016, 08:15:51 PM |
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customers will find the use of bitcoins as arguably the easiest means of making payments and probably the cheapest as fees are very low...close to free Wink. We also get to enjoy some confidentiality to some degree provided you take the precautionary steps
If you purchase your daily needs in your supermarket with fiat, then there are no fees involved. With Bitcoin you pay like $0.05-$0.10 on average per transaction. On top of that, you also need to buy Bitcoin before you're able to spend it. So tell me, what incentive do these people get to use Bitcoin?
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NewInCryptoCurrency
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October 14, 2016, 09:14:00 PM |
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People should use the bitcoin because its a simple payment and you can control it by yourself what is very nice. Another thing is that you can than spent money on a anonymous way too.
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Superways
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October 14, 2016, 09:26:38 PM |
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customers will find the use of bitcoins as arguably the easiest means of making payments and probably the cheapest as fees are very low...close to free Wink. We also get to enjoy some confidentiality to some degree provided you take the precautionary steps
You are right I am also using bitcoin for any purchase only because of these benefits. I like much more to pay with bitcoin when I have to buy any thing online while I do not have any facility to buy with bitcoin offline.
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Positid
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BULL RUN until 2030
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October 15, 2016, 03:34:19 AM |
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customers will find the use of bitcoins as arguably the easiest means of making payments and probably the cheapest as fees are very low...close to free Wink. We also get to enjoy some confidentiality to some degree provided you take the precautionary steps
You are right I am also using bitcoin for any purchase only because of these benefits. I like much more to pay with bitcoin when I have to buy any thing online while I do not have any facility to buy with bitcoin offline. If I will transact online I use bitcoin because it is easy to use and it has a cheap transaction fee, but I would not say that customers should use bitcoins because the bulk of transactions in our daily life are happening in the offline world or the physical world where we need to use paper money to transact.
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DrGuns4Hands
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October 15, 2016, 08:52:26 AM |
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People should start using it because as I've said on the other thread, it is more convenient and reliable. You can use it and you can control it in you own will.
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