378budiman
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December 08, 2017, 01:14:46 AM |
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In your opinion Bitcoin in the future will be as a method of payment. Many people focus on Bitcoin prices, but Bitcoin is still the best technology and the best system out there for payment and bitcoin storage transactions. You do not need to register, you only need a secret number (pin) to receive bitcoin. Much easier than other payment methods.
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"I'm sure that in 20 years there will either be very large transaction volume or no volume." -- Satoshi
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Freyya08
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December 08, 2017, 01:28:27 AM |
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well for me, using bitcoin as payment is somewhat good, we dont need to leave the house when paying, it could be more convinient to us. It is also very useful specially when travelling, you dont need to bring cash or you dont need to
go to a foreign exchange to exchange your money to their currency. But as of now, not all establishments accepts btc. So hopefully someday when btc becomes available everywhere, to used btc in payment system is a good idea.
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TheGodFather
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December 08, 2017, 01:31:12 AM |
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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 has slowly being integrated as a payment system slowly but surely to some countires. There are some small time shops I think that have that option though it is very rare to see here in our country. But bitcoin as a payment system is i think the future |
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chichiah
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December 08, 2017, 05:22:49 AM |
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Yes you can pay your bills through your bitcoin and wallet. Because bitcoin is a software cash.
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Nancy Lisa
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December 08, 2017, 05:58:29 AM |
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Bitcoin can be considered as the best payment system. it will be practiced forever because of its unique features like P2P , decentralized system etc
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aleksandra_kickcity (OP)
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December 08, 2017, 04:27:23 PM |
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well for me, using bitcoin as payment is somewhat good, we dont need to leave the house when paying, it could be more convinient to us. It is also very useful specially when travelling, you dont need to bring cash or you dont need to
go to a foreign exchange to exchange your money to their currency. But as of now, not all establishments accepts btc. So hopefully someday when btc becomes available everywhere, to used btc in payment system is a good idea.
That would be nice to have one currency for all the countries. Pretty convenient =) |
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Tungsten-1
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December 08, 2017, 07:59:19 PM |
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If bitcoin becomes a payment system, then we will wait for a long time to confirm the payment. Also, a coin with a large volatility is not the best medium for payment. I'd rather use cash or a credit card.
As a payment method definitely bitcoin is not suitable because of it’s volatility as you have said. Actually when something is not making up to mark when payment method comes to an account, then it shouldn’t be opted. Bitcoin is amazing and no doubt in it, but one thing is not best in every field. So bitcoin shouldn’t be used as payment method due to its non-uniform nature and behavior. |
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Argoo
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#SWGT PRE-SALE IS LIVE
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December 09, 2017, 04:57:22 AM |
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Now bitcoin has problems with its use as a means of payment. His transactions are slow, do not cope with bandwidth and hang. Also, many complain about the high commission costs in carrying them out. If these problems are solved, bitkoyn could be a good payment system for its use at the world level, because it is relatively fast, simple and safe.
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mayidid
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December 09, 2017, 09:49:08 AM
Last edit: January 28, 2018, 10:43:56 PM by mayidid |
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It is not that clear to use bitcoin as a mode of payment because its system is not that suited for that thing since that you can see that the network of bitcoin is still low and a lot of transaction are being made everyday that causes a lot more slower speed of confirmation for a transaction so i think that bitcoin needs a lot more improvement before becoming a payment system.
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Saifher
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December 09, 2017, 10:02:37 AM |
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I really wish bitcoin is still seen as a payment option/currency in the future. We have a great and innovative technology in our hands, it would be very sad to see it being wasted. But first we need to find ways to enable more transactions per second on the blockchain, so that any number of people can use it fast and cheap.
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snipetr
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December 09, 2017, 10:10:39 AM |
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Yes, in future bitcoin can be used as payment system. But it takes time, because still bitcoin is not accepted in all areas of world. Also it is decentralised and hence no one have control over it, that may create issue to bitcoin as payment system. Bitcoin is digital currency, so it is totaly depending on internet and it doesn't have physical appearance, so may create problems as payment system.
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vergel24official
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December 09, 2017, 10:19:42 AM |
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Bitcoin has no refund if you use it as a payment system example in online shopping what if this site is just a fraud seller don't deliver your order there 's no way to refund it.
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Tantalala
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December 09, 2017, 10:36:38 AM |
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I think it remains as payment system. In my contry the machines have included the payment system, but they do not work. I hope they will work as soon as possible, especially now when bitcoin is growing.
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randal9
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December 09, 2017, 01:58:59 PM |
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this is a good idea for the future, but so far it is impossible, since the transactions last a very long time...at the moment I don't understand how this can happen
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Shivan Dragon
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December 09, 2017, 03:12:42 PM |
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Some business establisments are now implementing bitcoin as payment system because of its popularity. While others are still studying or still surveying whether they will use bitcoin as mode of payments. As for me, it will be convenient to us if bitcoin will be allowed as payment system.
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sandwichman1
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December 09, 2017, 03:14:28 PM |
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I can not see bitcoin as a means of payment, I see it as a placement
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alphacoco
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December 09, 2017, 03:41:20 PM |
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Bitcoin was the first crypto and as a result it wasn't perfect. As a payment system it doesn't work. I'd love to see one of the ALTs pick up the mainstream payment system.
The way China uses digital currency through weibo I is something I would love to see in the west and if it involved a non-centralised payment system through a crypto even better .
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Opquar
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December 09, 2017, 03:50:12 PM |
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It is indeed a great idea, to used bitcoin in payment system. It is quite hassle free and convenient somehow to used this type of virtual currency. Bitcoin as one of the payment method can be is such a great idea and useful to everyone.
Not right now. Transactions are stuck in limbo again and fees are sky high. We have to acknowledge a problem before we start solving it. Bitcoin has always had a scalability problem, and it is in full display now. |
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shairblogger
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December 09, 2017, 05:00:49 PM |
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I think in 2018 was big year for crypto system specially Bitcoin...
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Sinistlercoin
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December 09, 2017, 05:07:14 PM |
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BTC wiill never be accepted as a common-use payment system unless it’s cost stablizes. If you were a retailer, would you want to accept BTC not knowing what value it would have in an hour? If you were to accept it based on value in any monetary denomination, it simply becomes a means of financial exchange, not money.
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