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Author Topic: Bitcoin as payment system  (Read 5963 times)
Hobo66
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December 28, 2017, 02:14:14 PM
 #381

I would says yes for bitcoin as an payment system,
reason why is that we get allot of discount bonus when
purchasing stuff online from merchant website using bitcoin,
this virtual currency is very secured also when making payment.

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Glydel1999
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December 28, 2017, 03:36:37 PM
 #382

It is great use the bitcoin as payment system. It will bring convenience for everyone ( for the customer and the company itself).
Bitcoin will provide a smooth and fast transaction wherein you don’t need to spend time in fall in line. Aside from that they will lessen the time and cost in this manual procedures.
Pamela Jobelle
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December 28, 2017, 03:46:12 PM
 #383

It's is very helpful for any transactions especy for flight fair and it has a benefits will be given to the other that no need to in cash their money for big amount of money needed.
haxker007
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December 28, 2017, 04:03:43 PM
 #384

Regardless of the advantages and disadvantages of BTC exchanges I stay hopeful and trust that this innovation is a type of future change. With this innovation, we can quicken the procedure of monetary check bolster the productivity of work frameworks, and can lessen exchange costs. What's more, with the appearance of cryptographic money innovation, gradually, this will change the way individuals work together and contribute. So be pleased to be one a player in this innovation.
wiro 212
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December 28, 2017, 04:08:08 PM
 #385

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?  Undecided

And how do you see it's future?



Bitcoin is indeed the crypto money used in the payment system. But as the price continues to rise, Bitcoin is preferred for investment.
kurian
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December 28, 2017, 04:11:21 PM
 #386

Bitcoin is already accepted in some shops in different countries. In India we have restaurants which accepts BTC. I heard a news recently that in Japan a company going to give their employees salary in BTC.

bulls3y3
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December 28, 2017, 04:11:49 PM
 #387

Yes it is a good idea. Now we have an advance technologies and others. It is ok that bitcoin will be accepted as payment system.
ledinasaliasi
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December 28, 2017, 04:11:59 PM
 #388

using bitcoin as a payment is not a good idea because bitcoin is having serious delay and slow in transactions recently, so people wont accept why would they use a coin to buy something when they dont know when they money will be transfered.
Butchick
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December 28, 2017, 04:12:57 PM
 #389

Apparently, some countries are accepting bitcoin as payments and there are also some people that uses bitcoin in certain transactions. There are a couple of restaurants in other countries that accelts bitcoin as a payment and this is a good progress for bitcoin. Though we can never deny the fact that there are certain transactions that requires fees but i guess most of the people wouldn't mind it so long as paying thru bitcoin offers convenience and ease. By tis alone, i believe bitcoin as a payment system won't be so bad after all so long as fees aren't that high.

alexsamudra
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December 28, 2017, 04:28:16 PM
 #390

bitcoin is designed for the correct payment system is used every day, bitcoin can be used anywhere and very easy to access it just connect to the internet you can use it. and the bitcoin has its weakness but the weakness has been resolved quickly and it's easy to use it now.bitcoin is digital money or digital gold as the payment system is much more comfortable compared to gold bullion or other gold.
Dreamr
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December 28, 2017, 04:46:41 PM
 #391

Bitcoin changed shape from its original purpose. People are now considering bitcoin as a form of the store of value digitally.
sammrheza
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December 28, 2017, 04:55:36 PM
 #392

not for now because its high fees for micropayment , but for large payment isn't it better to do in bitcoin than traditional bank ?
Gregsman
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December 28, 2017, 05:02:38 PM
 #393

2018 will be more turbulent in world market.
FIAT will try to fight back for sure, but I think that FIAT already lose.
darklus123
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December 28, 2017, 05:07:40 PM
 #394

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?  Undecided

And how do you see it's future?




Before everything went this far. Bitcoin "was" used to send certain amounts daily by us(users). Now that everything about bitcoin is getting so expensive. We can't even pay our dinner without paying fees which is more expensive than your total bill. Hopefully soon, we could realize or goes back to why did Satoshi san created this currency.
CoPil
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December 28, 2017, 05:31:58 PM
 #395

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?  Undecided

And how do you see it's future?



We (Filipinos) are lucky enough... since our Central Bank accepts BTC for payments and they already accepted some Bitcoin exchanges. Though there's still a lot pending on the list. But great news still, our Bangko Sentral ng Pilipinas (BSP) looks on regulating the currency.
The only consequence is, tax of course.


They see merit in Bitcoin, thus the tax is made by our Central Bank  Grin Our BTC wallet, coins.ph both have Bitcoin and Peso wallet wherein you can easily convert and transfer BTC to Php and vice versa. I'm still hesitant because of the tax though. Huh
pathapoddo
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December 28, 2017, 05:56:10 PM
 #396

I think it will be awesome if Bitcoin become our payment system. It will make Bitcoinso popular & investors are also attracted to this so much. Long live Bitcoin

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December 28, 2017, 07:36:52 PM
 #397

Nobody can tell if the bitcoin bubble really exploded, as many people are increasingly using this currency.
they say that it is one of the best ways to spend money and also to save bitcoin in a way of saving

Sean25pogi
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December 29, 2017, 03:08:53 PM
 #398

I think this is the good and great idea for the use of bitcoin as a payment system why because in bitcoin you don't need to exchange our money into coins that some places they don't desire to find coins for that's reason and they didn't accept a high value of money that they never had to be go somewhere for only to exchange it into cash, so I believe that from the use of it you can be easily to be paid without having a cash or else and also it will less hassle to every bitcoiner to transact in different places. And as of now bitcoin is more popular than before.
Taki
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December 29, 2017, 03:12:26 PM
 #399

Slow transaction and high fees killed the idea of Bitcoin as payment system. As investment with high present of profit it will exist for years, but as payment system it failed.
cryptokudi
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December 29, 2017, 03:14:46 PM
 #400

Bitcoin as a storage token little by little turned to get multiple usages. Among that bitcoin as a payment system is also gets added. In recent days lot, many companies started to accept bitcoin into their business and drop the usage in a short,  because it won't be gaining good revenue as the very small number of people know about bitcoin as well cryptocurrency.
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