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Author Topic: Bitcoin as a mode of payment  (Read 4289 times)
DoublerHunter
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March 30, 2018, 03:45:53 AM
 #641

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.
The cryptocurrencies should be remain as an option and not a primary mode of payment because the cryptocurrencies are still in the process of being constructed and being improve by the developers and the team who are working behind the cryptocurrencies. So we should just not take it seriously to make them your primary mode of payment.
NABILA AKTER SHILA
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March 30, 2018, 09:39:03 AM
 #642

At present, Bitcoin is a good mode of payment. It's not just for investors, but for many companies in the world using Bitcoin to make payments. For example, some of my employer friends are interested in Bitcoin and they make payments from their office on bitcoin. Because now Bitcoin has become a good investment.
Arlette Foxsparkle
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March 30, 2018, 09:47:29 AM
 #643

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.

Here in our country we have few ways to use bitcoin as a payment. We are just exchange bitcoin into dollars or we should tranfer it in coinbase so tha we can now use this to buy products and services.
kennyle167
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March 30, 2018, 10:06:01 AM
 #644

I agree too, but this need more time.
tinnedchatting
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March 30, 2018, 08:12:00 PM
 #645

At this moment I don't think there are any worker or freelancer who would accept btc payments in my country.
rampage101
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March 30, 2018, 10:35:09 PM
 #646

This is great, I agree with you, but while the price of bitcoin is unstable, it is not very convenient to use as a currency. Perhaps in a few years the situation will change.

Udrujec
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March 30, 2018, 11:08:12 PM
 #647

Unfortunately, I do not use bitcoin as a currency. Firstly, in my country it is not accepted, and secondly, I would better keep it longer, to increase the price.

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extremist
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March 30, 2018, 11:16:07 PM
 #648

I use Bitcoin as a method of payments between personal friends as well as in the collectibles section. That being said, I am holding out a lot of hope for the lightning network! Bitcoin payments have become too expensive and slow and has meant the use of Alts being needed.
emezh10
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March 30, 2018, 11:32:24 PM
 #649

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.
Using bitcoin as a mode of payment for purchases and services is one of the main purpose of this technology, that is why it is being called as an alternative currency. One way or the other, bitcoin holder and various establishments that are ready to adopt this innovation will find ways in expanding its coverage and usage base on its natural purpose.
HanaTenun
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March 30, 2018, 11:38:35 PM
 #650

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.
to conduct transactions in my country can not yet legally because bitcoin is still prohibited for direct transaction tool for the reason bitcoin has not been authorized as the official currency in my country may be future may and may happen


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Denisliternyjj
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March 30, 2018, 11:44:46 PM
 #651

With the development of the electronic payment method, the use of bitcoins was also used. And also you can use the crypto currency exchange service. You can pay for bitcoin different goods and services. The Internet has many opportunities for this. You can also use bitcoins in Russia. There are several nuances in payment for bitcoin, which you should know in order to correctly use any Internet service where you can pay for goods with various types of crypto currency, including making purchases for bitcoins.
Lang09
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March 30, 2018, 11:46:40 PM
 #652

If we practically approach to pay through bitcoin is not going to happen in widely as people has to more familiar about Bitcoin and it has to be user friendly then only payment mode will be in Bitcoin. For this we have to wait more few years, ofcourse it is going to happen.
hydeevanz
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March 31, 2018, 02:12:51 AM
 #653

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.
If a certain store or company asked their clients/customer to pay them with bitcoin then it is the strategy of them. For sure they know the importance of bitcoin and its potential to increase its value in the future. It is really cool to be paid via bitcoin but the thing is, does our client or customer will allow it? And do you think that our customer or clients have any bitcoin in their wallet? I know that there are limited of people who knows about bitcoin but we should make sure about those consequences before asking them about it.
19spawnfeed
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March 31, 2018, 11:57:26 AM
 #654

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thank you

There are many benefits to using Bitcoin as a mode of payment system it 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.

There have been security improvements since its inception, which make it safer to store coins when large companies hold extreme amounts of funds, and also for buyers. The Bitcoin network and blockchain is very secure with a great deal of computing power working to secure it.
MD Milon
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March 31, 2018, 12:08:47 PM
 #655

Yes, Bitcoin is really  a mode of payment.its payment form are so good.also its so secure.no one control any other transactions.I think there are so much benefit of using  bitcoin  as a mode of payment.
Ethan Argu
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April 01, 2018, 10:41:41 PM
 #656

Mode of payment of bitcoin can make easier our lives because fast transaction to every one. Because nowadays  in this community has a innovative gadget in technology. You can pay through online easy and fast transaction. It is improvement of human being how to make a light our lives.

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ipuy
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April 01, 2018, 11:51:26 PM
 #657

Mode of payment of bitcoin can make easier our lives because fast transaction to every one. Because nowadays  in this community has a innovative gadget in technology. You can pay through online easy and fast transaction. It is improvement of human being how to make a light our lives.

I agree with you, technology can help us for daily activities like payment for buying something. We can transcaction whenever we can, just need an internet connection
somethingici
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April 02, 2018, 02:07:06 AM
 #658

Do you all know that amazon has started accepting btcs for their product payments? You can check it on google
kennyle167
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April 02, 2018, 02:08:09 AM
 #659

with me, bitcoin is a greatest payment, it's convenient and quick.
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April 02, 2018, 02:13:38 AM
 #660

I truly believe in bitcoins. I believe it is the future of finance and it will forever change how we use money. However, I would say that bitcoins is just a jump off point of sorts and I think governments will just adopt the concepts and frameworks it has laid down. What will happen is that governments will ditch physical paper money and coins and go with cryptocurrency in their own way.
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