Bitcoin as payment system

[Bitcoinislifer09]

Not sure, but i think that BTC will not blow up near future. Guess, 2018 will bring us a huge growth of Bitcoin

I think it will be a good thing if bitcoin will be used as a payment system because it can help every bitcoin users to make payment in their miscellanous fees or transaction easy.I hope that it will happen as soon as possible.

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[shaheer001]

Bitcoin is still at minimum when it will go at maximum like gold then it will be the real ruler of world economy as currency. This will happens in next few years as Bitcoin is rising and spreading like virus. So must Hold Bitcoin or trade in bitcoin at the end.

[daniweb]

I think it will be used as a payment system. If not Bitcoin than other coins from the blockchain. It really gives a solution to our current problems, so why not

[devcracker]

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?

It would be good to use bitcoin as a payment gateway but there is a lot of work to do with bitcoin payment system. First of all we see bitcoin is a bubble and may burst any time, it is uncontrolled currently and price in too high. It's not the right time to use it as payment gateway. In future if bitcoin become stable and controlled then it would be best to use it as payment gateway because it is peer to peer network and there is no need of third party payment gateways.

[ici_lemmy]

I dont know why. But I think that because many people trust in Bitcoin lead to the too high demand. Which makes its transaction time is too slow and the fee is too high. So, I think it needs a long time to Bitcoin can become the payment system.

[kerjakuat]

for that i think bitcoin will still far from it. but being used to buy and sell yes it can but the fees is so high from fiat offer. so it make no sense to paid high fees to miner just to buy something cheap. bitcoin has to fix this or this will be an up issue for his blockchain.

[Bdstar]

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?

I think this coming year will play a crucial role in this platform. I think there will be two types of happening in 2018, either this virtual currency system will flourish more and more or this system will be ruined totally.
But as a payment system, Bitcoin is becoming a popular platform and people have started this method already,

Basically, we people are changing the main scenario of this platform. Satoshi wanted to make a common money regardless the border and boundary through the internet, but we have made it as money making platform. But i believe that Bitcoin will last for a long time and it will dominate in the coming future.

[imoet]

I think it will great if Bitcoin start to make a great payment system. It is because the users of bitcoin always increase day by day. If Bitcoin has a great payment system, the users will be more comfortable in doing their activities. It will give them more support in their job.

[chidrawarster]

If BTC becomes a payment system, that would be the greatest achievement.As of now, its decentralized agency thats the reason we do not know what is gonna happen next. In this scenario, its better to hold as many BTC we have and wait for 2018 and see what good happens and take the advantage when any good event or any good news comes. I would be happy if its made a payment system , it would help many people like me.

[Cholo003]

Bitcoin is too volatile to be use as a payment right now. Its has the potential to be one but right now its too risky to be used in business. I think that's the reason why some company stop using BTC as payment. Some altcoin has more capabilities in becoming more stable mode of payment. It probably feasible for large buy like a house or car but for things we get from 7eleven won't be use. The main reason would be high transaction fees and longer transaction period. No one would wait for hours or days for your gatoride to be done.

[DMC_Ken]

it is nice if bitcoin will become a payment system, so we can easily pay some bills and order when we are buying items using bitcoin so we dont need to go to their place when we are paying.

[iL_P4driNo]

Bitcoin is made to be a new payment system and it's the safest payment system until now. Unfortunately, Bitcoin lost its main role because of high fees.
Many altcoins are ready now to fulfill the same role as Bitcoin with lower fees and faster transactions.

[Christian13]

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 bitcoin use as payment it’s easy to use, transactions can be done with few steps online, no worry for currency exchange cost,  no botheration about KYC and related things, extremely easy for international or cross border currency transactions. but In case of wrong transfers its difficult to get it back because here we don’t maintain any customer personal information, risk of fraud because of no escrow account in between, no single regulatory.

[belinda97]

At the moment it's impossible, how to buy something cheap, and pay a commission for the transaction about $ 70. Bitcoin at the moment is more an asset than a means of payment.

[LANZ777]

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?

Maybe it's more convenient to everyone if bitcoin will be the payments to all the world this is more easy to used because we will pay through electronic payments. And everything makes easy, l think bitcoin will be used to all the world. If that happen bitcoin can control also the whole world. Maybe some consumers will not allow also as bitcoin is for payment because when price is very high it's too wasteful to pay bitcoin. But we can't do nothing if that happen.

[Painbird]

Bitcoin is out to be as mostly for payment system. Its a payment system though it has lot of useful too. That's fine now telling about as payment system how it is.  It is the easier  payment system in ever invented. You can pay any much amount from here to all over the world just within a second. You can see many payment way but hope never seen   decent speedy pay like bitcoin.  In the upcoming technology the sun will rise with bitcoin and will be down so on it.  So keep safe and easy transactions via bitcoin!!

[newbie-hero]

The time for blockchain technology as exceptional way of providing money for business is coming. But it will become the reality for 10 or maybe even 20 years. Society is not ready to accept this system today.

[coinlawyer]

"blockchains currently don’t scale for consumer payments and currently require tradeoffs between decentralization and efficiency.  Lightning is a tool that can enable the best of both worlds – a great customer experience (both fast and cheap), but also trustless custody of funds. So we’re eager to enable it as a payment method and do what we can to support developments on that front.”
It`s the words of Bitrefill CEO, Sergej Kotliar. Recntly the first transaction using real bitcoin to make a payment on the lighting network has recently been completed via mobile top-up service Bitrefill.

[parassinghal]

It can't be said exactly but ya we may be using the bitcoin payment system because as its popularity and trend is increasing, it can be new currency. Whereas in few countries now also bitcoin payment systems are there.

[oseikuf44]

Bitcoin is the main source of payment system for some people who intend to remit funds overseas, but recently the fees associated with bitcoins is discouraging and I doubt if it can be a payment system.