Bitcoin as payment system

[pinoyden]

It is good when bitcoin is a part of our payment system, because we can pay bills faster than the past and we can transact easier to the other bitcoin holder.

no bitcoin these days is not really suitable as payment system because of its increasing fees and a much slower network due to network congestion caused by those users who currently spam to send bitcoin with a much lower fees that under the recomended fees. bitcoin nowadays is mainly used an investment option and for trading purposes or playing gambling. however there were still some alts like litecoin and bitcoincash that can be used as an alternative next to bitcoin in order to be used as a payment gateway online for a much faster transfer and with lower fees at the same time.

[Kuya Kim]

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?

This is a good idea but this is not ideal to implement in many country without enough source of energy, i think we can create a physical bitcoin to use and presented if somethings happen to online currency.

Bitcoin as payment system offers a no cash-out which brings a lot of convinience and security for all bitcoin users. You could save your time and energy in your transactions.

[Raufjoze]

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?

yes there are many who say bitcoin is a digital payment tool or currency or a crypto currency that is not physically like a real currency, and its bitcoin value or price can not be affected by any government policy, since bitcoin is the world's currency

[cybersofts]

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 was originally invented as a digital currency to change the traditional fiat currency for good, but due to the bitcoin limited supply and high demand, the people started hodling bitcoins as a digital store of value, as an investment. The demand of bitcoin is higher than the supply which is only 16.7 million bitcoins in circulation worldwide. that is why the bitcoin price will continue to grow in the future.

[balakang00]

I think that will happen in the future because it is starting now. I heard some of the retailers are accepting bitcoin as a mode of payment in their products so it would be no surprise if people start paying using their bitcoins in the future.

[danielnamit]

I will accept it since here in Philippines, it is easy to withdraw bitcoin using ATM's and banks.

[VeeraS]

we will keep asking, what will happen next. yes I guess the worries are very normal, sometimes I ask questions like you. but basically we will never know what will happen. but one thing I still believe to date. bitcoin still gives many advantages to those of us who are involved in bitcoin.

[LSt56]

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?

actually bitcoin has a function for investment and payment media, but in my country bitcoin has not been allowed to be used as payment media so i can just keep it as my personal assets.

[Satish147]

Really Bitcoin has a good potential to reach as a payment method in future, once it is fully equipped and developed for normal usage like cash, then bitcoin will be valued more than $ 5 million.

[Traslavin]

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?

This is a good idea but this is not ideal to implement in many country without enough source of energy, i think we can create a physical bitcoin to use and presented if somethings happen to online currency.

Bitcoin as payment system offers a no cash-out which brings a lot of convinience and security for all bitcoin users. You could save your time and energy in your transactions.

It is a great opportunity for the bitcoin that it could be used as a payment system of course but also a much great opportunity to the people who are having bitcoin in their own because it is a less hassle and less effort for them to go through a pawnshop to send their payment while in bitcoin they only send it through their wallets with the use of internet.

[velive08]

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?

This is a good idea but this is not ideal to implement in many country without enough source of energy, i think we can create a physical bitcoin to use and presented if somethings happen to online currency.

Bitcoin as payment system offers a no cash-out which brings a lot of convinience and security for all bitcoin users. You could save your time and energy in your transactions.

It is a great opportunity for the bitcoin that it could be used as a payment system of course but also a much great opportunity to the people who are having bitcoin in their own because it is a less hassle and less effort for them to go through a pawnshop to send their payment while in bitcoin they only send it through their wallets with the use of internet.

with sophistication and technological advances it seems that we can make bitcoin as an effective payment. we can see if the payment with cryptocurrency is very efficient and very good for now.

[vuego9]

So many other cryptos are far ahead of bitcoin in terms of speed and transaction cost.  It's tough to see bitcoin catching up. I still see bitcoin as gold... something people keep cuz its solid and well-known.  Not going to use it to buy a big mac though.

 

[mega]

Its a big revolution of payment system,Current era payment system is too risky any single digit changed  your money can be transferred to stranger account,You can not carry cash if your business point at remote area.But the Bitcoin make it more easier you can make globally safe transaction effective and efficient way.In near future Bitcoin payment acceptance will be common because it usage and popularity increases day by day.

[bitcoinmasterlord]

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?

actually bitcoin has a function for investment and payment media, but in my country bitcoin has not been allowed to be used as payment media so i can just keep it as my personal assets.

Except for few countries, the bitcoin is illegal in all countries. Once it becomes legal, then your dream will come true. But to make Bitcoin as a payment system, it needs to improve a lot. I don't think it will take a short time it may take a couple of years.

[fleda]

we will keep asking, what will happen next. yes I guess the worries are very normal, sometimes I ask questions like you. but basically we will never know what will happen. but one thing I still believe to date. bitcoin still gives many advantages to those of us who are involved in bitcoin.

I guess you're right we never know what might happen but with our technology being more and more advanced each year it is not impossible to reach a certain point where in the money where using in our daily lives is digital money. A lot of people believes that in the future every people will be coping with the advancements of technologies.

[ELEL_ELEL]

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 us that bitcoin is for all electronics payments.This is more easier to use to any payments transaction.And no need to go to money changer.l think this is more easy  because you can just pay or buy anytime you want.

[fianaindriati]

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 us that bitcoin is for all electronics payments.This is more easier to use to any payments transaction.And no need to go to money changer.l think this is more easy  because you can just pay or buy anytime you want.

with the current bitcoin is true, the transaction is easier and smoother, it does not take a long time and complicated too, so now with the bitcoin is getting smoother and not complicated in our life.

[panganib999]

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 tohold their coins instead of using it as their payment.

Bitcoin decentralization could be the number one factor for most of the countries to do not to accept bitcoin in terms of transactions. It means no form of government or institution have the rights to have a part to check on bitcoin transactions, people identity and transactions purposes. Simply bitcoin could be used in illegal matter which the government not want to happen on a specific nation.

[Buttercup123]

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 us that bitcoin is for all electronics payments.This is more easier to use to any payments transaction.And no need to go to money changer.l think this is more easy  because you can just pay or buy anytime you want.

True, in addition you can gain more if you hold btc and the price rises. As a mode of payment, one can be sure that it is safe to transact because no mode of transportation is use specially if the transaction is all about large amount of money. In my country we can pay bills through some application that holds btc and our fiat. So, it is easy for us to pay large bills even if we are at our home.  

[Victorycoin]

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 was originally invented as a digital currency to change the traditional fiat currency for good, but due to the bitcoin limited supply and high demand, the people started hodling bitcoins as a digital store of value, as an investment. The demand of bitcoin is higher than the supply which is only 16.7 million bitcoins in circulation worldwide. that is why the bitcoin price will continue to grow in the future.

The limited supply and high demand for  Bitcoin is a good thing happened to Bitcoin both as a payment system as well as a store of value,3 because they have provided a platform for the awareness and value of Bitcoin to thrive to where we're presently. The reason behind the volatility of Bitcoin is because we're still having lot of speculators in the system than core users and by the time we would get to that point, Bitcoin would have become well capitalized and stability is sure to follow. The high cost and delays in Bitcoin transactions are in the passing and not unheard of from previous land breaking discoveries and this too would come to pass especially as it's viewed with great concern in the community.