Bitcoin as a mode of payment

[JMD07]

To me, bitcoin is really a great form of payment. Bitcoin payments are extremely secure and fast. I like it when nobody manages my transactions, so I often exchange with bitcoin.

I like the idea of bitcoin as a mode of payment but I doubt that this will not go mainstream as some government will not allow to recognize this currency due to some legal issues. I hope that the implementation of regulations about crypto will clear those issues to make a better future to crytocurrency.

[4rzun4]

Bitcoin as a way of payment? just agree because in some countries bitcoin has started to become a tool to transact or become a very easy payment tool.

[kennyle167]

i think this is an advantage, if we know to take the opportunity and constrain greed.

[money_amount]

I strongly agree with this idea.

Bitcoin is a good payment for other transaction, with only internet you can make a transaction and it just a few second and the transaction is done unlike to the credit/debit card that needs confirmation and limited are user. But the opposite may happen is bitcoin can be use in illegal transaction, because it can not detect what kind of business they have.

That's right, when dealing with bitcoin I find it convenient because they are fast converting. We do not need to waste time go to bank creating accounts, waiting for confirmation with a bunch of messy procedures, so to pay with bitcoin is very fast.

[jayco25]

I agree to use bitcoin as mode of payment because it's faster and convenient you do not need to go to the bank. You just have internet you can pay bills anytime anywhere. I believe in the future many establishment will accept bitcoin as payment.

#Datarius

[bitctrimor1]

Just wondering, who is accumulating Bitcoin via using it as a method of being paid, so instead of being paid in dollars or any other amount you ask client to pay you via Bitcoin especially merchants and freelancers. I think it is cool to be paid via Bitcoin because it appreciates so its like you can earn twice if you sell high.

Well, I think that what some business companies and entities are doing, which is the very reason why they accept Bitcoin as a payment option. The beauty of cryptocurrencies is the idea that you can use it in many ways and options. It may be used as a regular currency that has the power to be used to pay goods and services. On the other hand, it can also be used as a means of investment and trade, thus, for those companies eyeing to build a n empire through cryptocurrencies, then it's not a bad idea to actually collect it through people who use it as payment.

[zelante]

Bitcoin can be used as a payment system. But it is suitable for every payment. It can be used when a large big group of people are supposed to get paid.  But it is not suitable when you want to buy an ice-cream as it takes a long time and transaction fees are high. Volatility is another problem which should be considered.

[suncut]

I think that would be amazing because you are earning and at the same time, you are holding bitcoin for the future if you keep it. You don't need to bring your wallet anymore. It's easy no hassle at all.

[Masongrae]

If bitcoin will be use as mode of payment, it could be convinient  and it will satisfies all users for it is effecient and easy to use.

[gtx1060aa]

And actually it is so very convenient, the prices for bitcoin very not stable I am engaged in investments and I hold a coin on cold storage and when I do work on the Internet I always ask to pay me bitcoin

[1nvestments]

Just wondering, who is accumulating Bitcoin via using it as a method of being paid, so instead of being paid in dollars or any other amount you ask client to pay you via Bitcoin especially merchants and freelancers. I think it is cool to be paid via Bitcoin because it appreciates so its like you can earn twice if you sell high.

Hi there,
For merchants im not really sure how there calculating their profits as the price flactuates alot ! But i have seen people accepting to sell there cars in exchange for bitcoin.

[Rooster101]

According to some crypto analysts, when it comes to online transactions, bitcoin is the better choice as a mode of payment but you still need to deal with its volatility and high transaction fees.Bitcoin offers some advantages like allowing sending payments international without currency conversions and speedier transaction confirmation. It also allow one-way transaction that can't be reversed. But there are also potential drawbacks for using bitcoin as payment system like transaction might be slow to confirm during the times of high demands and because of its volatility and rapid fluctuation, majority of merchants are not ready to accept bitcoin as their mode of payment.

[burner2014]

And actually it is so very convenient, the prices for bitcoin very not stable I am engaged in investments and I hold a coin on cold storage and when I do work on the Internet I always ask to pay me bitcoin

It would be a great help if bitcoin would be use worldwide as one of mode of payment, it will be a great help, less hassle and the demand for it will increase more as people will gonna choose this rather than anything else. I myself personally using bitcoin as payment for my bills and credit card.

[Astvile]

Its already implemented on some markets right now,infact most online markets now offers bitcoins as a mode of payment in cashin or cashouts.Most of that sites are gamers related site that offers selling in game stuffs in exchange of money.Some are investment stocks that can be paid by bitcoins

[Getmon]

Just wondering, who is accumulating Bitcoin via using it as a method of being paid, so instead of being paid in dollars or any other amount you ask client to pay you via Bitcoin especially merchants and freelancers. I think it is cool to be paid via Bitcoin because it appreciates so its like you can earn twice if you sell high.

This is my most preferred mode of payment. However, I have not encountered a job or a short task that payed me in Bitcoin. Unless the job is crypto-related, we can easily look for services within this forum that will be paying the participants or employees in Bitcoin. But in the outside world, there seems to be a shortage of job offers that pay in Bitcoin. In terms of merchandise or other forms of businesses that use Bitcoin, there are now a growing number of such kind of establishments that accept and use Bitcoin as a mode of payment.

[okour999]

bitcoin is now used to pay for spare parts because they know that there is a bitcoin in the future so they are just bitcoin entrants to bitcoin they accept bitcoin in other countries so they pay for their sales items

[shainasaz]

No other best idea when you talk mode of payment. Bitcoin is the best way as a mode of payment because of easy and fastest way to do it and there's no hassle in performing of paying any transaction because you can do it in just only a couple of minutes or seconds as long as there is internet connection in your place you can pay bitcoin anytime.

[joshua05]

Bitcoin I guess is a kind of statistics which can be possible for payments and stuffs. Clearly, a process to be made by the people, and the great thing is instead of cash it is bitcoin, but it can be also diverted onto cash which we can used to buy some stuffs we need, greater than the prices.

[Psalms23]

Just wondering, who is accumulating Bitcoin via using it as a method of being paid, so instead of being paid in dollars or any other amount you ask client to pay you via Bitcoin especially merchants and freelancers. I think it is cool to be paid via Bitcoin because it appreciates so its like you can earn twice if you sell high.

I think this will do just fine but it really depends on what kind of business you are in. Because of the delay of confirmations in bitcoin transactions, payment in bitcoin will be hard. I think other altcoins will likely be more efficient than bitcoin.

[mx667]

Bitcoin I guess is a kind of statistics which can be possible for payments and stuffs. Clearly, a process to be made by the people, and the great thing is instead of cash it is bitcoin, but it can be also diverted onto cash which we can used to buy some stuffs we need, greater than the prices. No other best idea when you talk mode of payment. Bitcoin is the best way as a mode of payment because of easy and fastest way to do it and there's no hassle in performing of paying any transaction because you can do it in just only a couple of minutes or seconds as long as there is internet connection in your place you can pay bitcoin anytime.

I think a long time ago, about some years ago. The Bitcoin has already become the payment method for a lot of platform and a lot of online business. So it is not a new thing and more people will use Bitcoin as payment method. It is a good thing because I do not need to convert my Bitcoin into cash for paying some stuff. I can directly pay them with Bitcoin I have. I have an example when I use Bitcoin as payment method. I have a website, and when I buy the domain from namecheap.com I can use Bitcoin for the payment method. It is a really good thing because I can use my money that I collect from this forum to buy a domain.