Bitcoin as payment system

[reyanshbasu]

Bitcoin as payment system seems perfect because the features of Bitcoin will be a big change in our finance industry. Bitcoin will eliminate third-party transactions resulting in less fee when sending. And also, it is more convenient to use since it is digitized.

[1715228099]

1715228099

[1715228099]

1715228099

[1715228099]

1715228099

[Mantisa83]

Bitcoin Cash... The other is a fake bitcoin. I have dumped the coin like they wanted us too and buy it back at cheap price after tax dump.

[Nelly.G0211]

We all know that Bitcoin is one of the best ways to invest your money. However, we know that Satoshi wanted to change money as we know it rather than new investment model.

How do you think, will we be using bitcoin as payment system? Or it will stay as it is and this bubble blow up one day?  

And how do you see it's future?

undoubtedly bitcoin will get to the main position, of money, because it is not regulated by government, and it is not trusted in a necessary for it way. But accepting bitcoin as a payment system in different countries is improving the chances

[romandos86]

Bitcoin has already realized everything he could. He can not change anything else.

[Asadsaleem]

Bit coin as payment system is as good as we have mobiles in our hands. Because as using banking networks or currency exchanges it takes atleast one or 2 days for a transaction sometimes more due to holidays etc. But btc gives you amzing speed for ue transaction internationally 10 minutes and you are done. U are saved from heavy feeses and taxes so keep it up with bitcoin u will save much.

[toge asep]

We all know that Bitcoin is one of the best ways to invest your money. However, we know that Satoshi wanted to change money as we know it rather than new investment model.

How do you think, will we be using bitcoin as payment system? Or it will stay as it is and this bubble blow up one day?  

And how do you see it's future?

if it will be a legitimate payment instrument in our country I am not sure because until now the government has not been able to legalize, but as long as Btc becomes a profitable investment and can change our future better I think not so problem and we live alone.

[Natalim]

We all know that Bitcoin is one of the best ways to invest your money. However, we know that Satoshi wanted to change money as we know it rather than new investment model.

How do you think, will we be using bitcoin as payment system? Or it will stay as it is and this bubble blow up one day?  

And how do you see it's future?

undoubtedly bitcoin will get to the main position, of money, because it is not regulated by government, and it is not trusted in a necessary for it way. But accepting bitcoin as a payment system in different countries is improving the chances

For now maybe, but sooner everything will be regulated and less manipulation will happen then  people will be more confident in using bitcoin.
It's important that they will understand so massive adoption will happen and I think we are going to the right direction.

[yulionoo]

for me bitcoin still be asset. but if some country accept cryptocurrent, im sure they will make new virtual money for their country itself. and it will use to transaction like regular money.
system of bitcoin is really great if use for our life. no secret and everybody can see it. but it must have good regulation to manage it.

[Sithara007]

The high fee was one of the main drawbacks in using Bitcoin as a payment system. But it has come down over the past few months. I checked the last block which was mined (Block #517166). It contained a few transactions, which paid as low as 0.6 Sat/Byte as the transaction fee.

[skeletica]

Bitcoin is still minimum when going maximally like gold then it will be the real ruler of world economy as currency. This will happen in the next few years as Bitcoin increases and spreads like a virus. So, have to Hold Bitcoin or exchange bitcoin at the end.

[taeewo]

The volatility nature of Bitcoin will always make people not making it as payment gateway...

[dodz031718]

For now I think payment system is only temporary but in the near future it will be on the top as a paying methods. This is the new era of cryptocurrency and bitcoin wouldn't be alone on this way.

[Saveralll]

We all know that Bitcoin is one of the best ways to invest your money. However, we know that Satoshi wanted to change money as we know it rather than new investment model.

How do you think, will we be using bitcoin as payment system? Or it will stay as it is and this bubble blow up one day?  

And how do you see it's future?

if it will be a legitimate payment instrument in our country I am not sure because until now the government has not been able to legalize, but as long as Btc becomes a profitable investment and can change our future better I think not so problem and we live alone.

nothing is impossible in this world, surely all can happen without us know.the government has not legalized bitcoin because the government does not know what the benefits and advantages of using bitcoin.the government prefers the country's original currency rather than choosing bitcoin.whereas bitcoin greatly helps the economy of the country and its people.

[teklang01]

The first reason why bitcoin is created is to give people back the freedom to manage their own money and could send it to anyone any where in the world without the middle man. It is fast, secure and low cost makes people wanna use bitcoin as payment system.

[Wayan_Pedjeng]

The volatility nature of Bitcoin will always make people not making it as payment gateway...

Volatility is not the real issue. If you are afraid of the volatility, then you can use a third party payment processor such as Coinbase or Bitpay. The real issue is the transaction fee. It should be stable and not very high.

[werpak321]

We all know that Bitcoin is one of the best ways to invest your money. However, we know that Satoshi wanted to change money as we know it rather than new investment model.

How do you think, will we be using bitcoin as payment system? Or it will stay as it is and this bubble blow up one day?  

And how do you see it's future?

We can use bitcoin for mode of payment and receiving system we can use it for more faster transactions in any field of transactions it makes more everything more faster

[Seeker#9]

Bitcoin is better as an online payment system because it exist only in the virtual world and many merchants have started to accept the cryptocurrency as one of their payment system. As a payment system, bitcoin is a borderless currency and can be use worldwide without a fear of being check by any government and the banks because of its decentralized system.

[neerajmittaljii]

It's good that there are countries already that accept bitcoin as a payment because the charge that is putted there is not big however i think that the there are countries that won't agree the idea of using bitcoin as a payment system. So as long as there are countries that disagree with this idea bitcoin will stay as it is. Aside from that, people will choose to hold their coins instead of using it as their payment. In its current state bitcoin is completely unsuitable for everyday payments. The capacity is low, transactions are slow and fees are very high. Waiting for half an hour and paying $5 commission to buy a cup of coffee or even an online game. I have my credit card, thank you. And I prefer to consider bitcoin as an investment. A sort of 'digital gold', much more convenient that gold bullion, however.

[khamehame]

We all know that Bitcoin is one of the best ways to invest your money. However, we know that Satoshi wanted to change money as we know it rather than new investment model.

How do you think, will we be using bitcoin as payment system? Or it will stay as it is and this bubble blow up one day?  

And how do you see it's future?

Bitcoin will be the digital currency to make payments on certain things.
However, I do not think to make all the payments.
Because some do not approve the use of bitcoin.

[luisdvmd25]

It's really time for bitcoin to act as a means of payment acceptable to all parties but until now still not many places that receive payment using bitcoin.dan this should be done fast Wink