Why would customers use Bitcoins?

[mishra1994]

Customers will only use bitcoins in paying your service or buying your goods when they are already using it. When they are paying you in the cashier and you introduced bitcoin to them, of course they will not grab their phone and do research about it. They would simply say 'no' to you and then carry on to their day. If you're lucky and that customer happened to have a lot of spare time, then maybe the next time he comes to your shop, he already knows about bitcoin and use it as a payment.

Bitcoin can be used for many different ways,and which is best suited for a particular individual he can use it for that.While if some one wants to send money online over the world with so less fees then he can use it for that,or being anonymous or wants to gamble online bitcoin can be used .

[Positid]

Customers will only use bitcoins in paying your service or buying your goods when they are already using it. When they are paying you in the cashier and you introduced bitcoin to them, of course they will not grab their phone and do research about it. They would simply say 'no' to you and then carry on to their day. If you're lucky and that customer happened to have a lot of spare time, then maybe the next time he comes to your shop, he already knows about bitcoin and use it as a payment.

Bitcoin can be used for many different ways,and which is best suited for a particular individual he can use it for that.While if some one wants to send money online over the world with so less fees then he can use it for that,or being anonymous or wants to gamble online bitcoin can be used .

I think for now, the biggest benefit we have in bitcoin is we can gamble easy, unlike before that most of the gambling sites require us to put a bigger amount of deposit before we can start to gamble, with bitcoin even small satoshi you can gamble easily and we can protect our identity here.

[john2231]

Customers will only use bitcoins in paying your service or buying your goods when they are already using it. When they are paying you in the cashier and you introduced bitcoin to them, of course they will not grab their phone and do research about it. They would simply say 'no' to you and then carry on to their day. If you're lucky and that customer happened to have a lot of spare time, then maybe the next time he comes to your shop, he already knows about bitcoin and use it as a payment.

Bitcoin can be used for many different ways,and which is best suited for a particular individual he can use it for that.While if some one wants to send money online over the world with so less fees then he can use it for that,or being anonymous or wants to gamble online bitcoin can be used .

I think for now, the biggest benefit we have in bitcoin is we can gamble easy, unlike before that most of the gambling sites require us to put a bigger amount of deposit before we can start to gamble, with bitcoin even small satoshi you can gamble easily and we can protect our identity here.

Yeah you have the point honestly here in my country you can not gamble anymore because its ban in my country but you can be still gamble here in online because they do not know if you are gamble or not you can be still gamble in your country anonymously..

[jonahmarieaton101]

I came to figure out, why would a consumer/customer use Bitcoins?
You have to pay the 3 cent fee, while you dont have to pay anything when paying with a credit card.

So what is really a benefit for using Bitcoins, customer wise?

Why would i use bitcoins. The only thing i joined bitcoin its because bitcoin can be used in many ways. I think, this can really help to users especially in earning some extra money, can share ideas, can use bitcoins in paying bills and online shop. but it only depends on the users on how they will used it.

[Chennai]

When a customer purchases or does anything with bitcoins, he/she would have a track of it. All transactions can be monitored at any point. It helps save more money as well. No third party's involvement. If more bitcoins are used, then many merchants would start accepting it. Its very comfortable for them as they no need to go to bank for any other transaction they make. There are many other good reasons why customers use bitcoins.

[freedomgo]

When a customer purchases or does anything with bitcoins, he/she would have a track of it. All transactions can be monitored at any point. It helps save more money as well. No third party's involvement. If more bitcoins are used, then many merchants would start accepting it. Its very comfortable for them as they no need to go to bank for any other transaction they make. There are many other good reasons why customers use bitcoins.

That is the benefit but there is no assurance also that you can monitor or trace the real identity of the transacting party, other payment processor require their clients to fill up all the required information as they are also required to comply with the KYC policy to avoid money laundering.

[randy8777]

When a customer purchases or does anything with bitcoins, he/she would have a track of it. All transactions can be monitored at any point. It helps save more money as well. No third party's involvement. If more bitcoins are used, then many merchants would start accepting it. Its very comfortable for them as they no need to go to bank for any other transaction they make. There are many other good reasons why customers use bitcoins.

you can track your payments, but to a certain extend it's quite pointless as merchants use payment services for their bitcoin payments, and thus not get involved in the transactions at all. they just get a notification that the payment went through with as result that you get the goods you paid for. so yes, in this case there is indeed a third party involved. merchants do that so they are not exposed to the risk that the volatility brings with it.

[Harlot]

When a customer purchases or does anything with bitcoins, he/she would have a track of it. All transactions can be monitored at any point. It helps save more money as well. No third party's involvement. If more bitcoins are used, then many merchants would start accepting it. Its very comfortable for them as they no need to go to bank for any other transaction they make. There are many other good reasons why customers use bitcoins.

That is the benefit but there is no assurance also that you can monitor or trace the real identity of the transacting party, other payment processor require their clients to fill up all the required information as they are also required to comply with the KYC policy to avoid money laundering.

The problem is even if you know the address you are sending is you can't really associate it with him/her not unless they officially stated that they owned it. It can lead to a lot of confusion when that happened also making it hard for the transparency to happen. Suppose that a coffee shop accepts Bitcoin and all of the customers pay using bitcoin. The shop won't receive it instantly and it will be waiting for confirmation on all of them so that the tracking of all who paid is actually harder than you thought it would be.

[SidaroffVany]

Bitcoin keeps a number of pre-term benefits that customers need. There are people who like to bet on an interest-free financial transactions with bitcoin.

[MyIdeas]

Customers will only use bitcoins in paying your service or buying your goods when they are already using it. When they are paying you in the cashier and you introduced bitcoin to them, of course they will not grab their phone and do research about it. They would simply say 'no' to you and then carry on to their day. If you're lucky and that customer happened to have a lot of spare time, then maybe the next time he comes to your shop, he already knows about bitcoin and use it as a payment.

Bitcoin can be used for many different ways,and which is best suited for a particular individual he can use it for that.While if some one wants to send money online over the world with so less fees then he can use it for that,or being anonymous or wants to gamble online bitcoin can be used .

people are also able now to send their money to those countries which are not in a good relation so if a person have friends or relatives in a country which have not good relation with his country then he will able to send gifts to his friends and relative. so everyone want bitcoin.

[Mastsetad]

When a customer purchases or does anything with bitcoins, he/she would have a track of it. All transactions can be monitored at any point. It helps save more money as well. No third party's involvement. If more bitcoins are used, then many merchants would start accepting it. Its very comfortable for them as they no need to go to bank for any other transaction they make. There are many other good reasons why customers use bitcoins.

No taxes for buying something with it as it is not connected to government at all, but only if it is accepted somewhere near you, because we can always see when we go to a market and do some shopping and while paying the bill we get a lot of taxes applied on the things we have bought, we wont face that thing if we are using bitcoins.

[qyzackk]

When a customer purchases or does anything with bitcoins, he/she would have a track of it. All transactions can be monitored at any point. It helps save more money as well. No third party's involvement. If more bitcoins are used, then many merchants would start accepting it. Its very comfortable for them as they no need to go to bank for any other transaction they make. There are many other good reasons why customers use bitcoins.

No taxes for buying something with it as it is not connected to government at all, but only if it is accepted somewhere near you, because we can always see when we go to a market and do some shopping and while paying the bill we get a lot of taxes applied on the things we have bought, we wont face that thing if we are using bitcoins.

If the country in which to live is necessary to submit the declaration of income, then you are not lucky bitcoin.

[crockoo]

When a customer purchases or does anything with bitcoins, he/she would have a track of it. All transactions can be monitored at any point. It helps save more money as well. No third party's involvement. If more bitcoins are used, then many merchants would start accepting it. Its very comfortable for them as they no need to go to bank for any other transaction they make. There are many other good reasons why customers use bitcoins.

No taxes for buying something with it as it is not connected to government at all, but only if it is accepted somewhere near you, because we can always see when we go to a market and do some shopping and while paying the bill we get a lot of taxes applied on the things we have bought, we wont face that thing if we are using bitcoins.

If the country in which to live is necessary to submit the declaration of income, then you are not lucky bitcoin.

Bitcoin is essentially anonymous currency and control your real income is not possible, and it may already be punished according to the laws of your country.

[kodoll]

When a customer purchases or does anything with bitcoins, he/she would have a track of it. All transactions can be monitored at any point. It helps save more money as well. No third party's involvement. If more bitcoins are used, then many merchants would start accepting it. Its very comfortable for them as they no need to go to bank for any other transaction they make. There are many other good reasons why customers use bitcoins.

No taxes for buying something with it as it is not connected to government at all, but only if it is accepted somewhere near you, because we can always see when we go to a market and do some shopping and while paying the bill we get a lot of taxes applied on the things we have bought, we wont face that thing if we are using bitcoins.

If the country in which to live is necessary to submit the declaration of income, then you are not lucky bitcoin.

There is another option of using bitcoin anonymity, is to buy porn and most importantly, to track where and who can not.

[skyway1]

bitcoin is very stronger and very useful currency and bitcoin is acceptable in everywhere and there is maximum people are using bitcoin as investment because bitcoin is very safest currency and bitcoin have very lower risk if anyone trade in bitcoin.

[pseexh]

Customers will only use bitcoins in paying your service or buying your goods when they are already using it. When they are paying you in the cashier and you introduced bitcoin to them, of course they will not grab their phone and do research about it. They would simply say 'no' to you and then carry on to their day. If you're lucky and that customer happened to have a lot of spare time, then maybe the next time he comes to your shop, he already knows about bitcoin and use it as a payment.

Bitcoin can be used for many different ways,and which is best suited for a particular individual he can use it for that.While if some one wants to send money online over the world with so less fees then he can use it for that,or being anonymous or wants to gamble online bitcoin can be used .

people are also able now to send their money to those countries which are not in a good relation so if a person have friends or relatives in a country which have not good relation with his country then he will able to send gifts to his friends and relative. so everyone want bitcoin.

Perhaps more people do not know about bitcoin and its popularity is negligible. But nothing will change even if everyone starts using cryptocurrency. Perhaps most important is that countries have begun to recognize bitcoin as a currency and transactions performed by them.

[croutonhexagon]

Customer would love to pay with bitcoin because they could simply scan the. Qr code and pay the bill instantly that would a wise use of bitcoin and that would reduce the burden of transaction fees and other factors. It would also promote and popularize bitcoin without any extra money and also it will introduce new technology to the world.

[freedomgo]

Customer would love to pay with bitcoin because they could simply scan the. Qr code and pay the bill instantly that would a wise use of bitcoin and that would reduce the burden of transaction fees and other factors. It would also promote and popularize bitcoin without any extra money and also it will introduce new technology to the world.

That's useful for them if they will make the right way to study bitcoin and if most of the merchants will adopt with bitcoin. I hope in the future we can see massive adoption so people will also experience the convenience in shopping not just online but also in the physical store.

[airezx20]

Customer would love to pay with bitcoin because they could simply scan the. Qr code and pay the bill instantly that would a wise use of bitcoin and that would reduce the burden of transaction fees and other factors. It would also promote and popularize bitcoin without any extra money and also it will introduce new technology to the world.

Yes the reason and biggest advantage in the low transaction fee that people should use it and save alot of time,effort and money by using bitcoins.Best thing it doent matter where you wanna send,even in other countries its same for all with instant transfers and few minutes just for confirmation.

[Harlot]

Customer would love to pay with bitcoin because they could simply scan the. Qr code and pay the bill instantly that would a wise use of bitcoin and that would reduce the burden of transaction fees and other factors. It would also promote and popularize bitcoin without any extra money and also it will introduce new technology to the world.

Yes the reason and biggest advantage in the low transaction fee that people should use it and save alot of time,effort and money by using bitcoins.Best thing it doent matter where you wanna send,even in other countries its same for all with instant transfers and few minutes just for confirmation.

My guess are for this to work multiple phones are required for the business to operate efficiently, why? Because if they only use only one phone the BTC on the waiting list to be confirmed would pile up as Bitcoin is not received by the address instantly instead you must need to wait for 3 or more confirmation so that it reflacts into your account. It is an effective way to avoid confusion on who is the customer sending money to you.