Bitcoin as payment system

[indu1976]

bitcoin is good  even i want to earn butu not valid in india so tell  ho to earn and val;idate bit coin

[1715231229]

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[bololord]

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 will never happen to bubble blow up or disappear our country nation wide continue to discover fast and easy transactions inorder to make our life be better. This payment of system is much better wgich we used bitcoin sending and paying bills through online .

[blant]

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?

Not sure about bitcoin future, but it will be always the first and even if it lost it's popularity, I think many people will hold it for collection. I guess this is just the begging of crypto and blockchain technology itself, and we should see a lot of new promising projects in the next years that could change current direction of crypto.

[cutiecez05]

Sounds good if this will happen.. Bitcoin can be a safe and easy way for payment system.. Hope for the launch of this system since bitcoin is now the modern and best way of technology.

[_Mikasa_]

In my opinion, bitcoin as payment system is not a good idea. The value of bitcoin is volatile. Its value changes rapidly and very unpredictable which means it may be a good or bad effect for the companies using it as a payment and for the people they pay. A payment must have a stable price. When the price dumps, it will be the loss of the one who receive bitcoin as a payment especially now the value of bitcoin dumped drastically. So overall, bitcoin as a payment system is not a really good idea.

[kadutz25]

If in my country start using bitcoin as a means of payment in transactions which in my opinion in some countries began to discuss about bitcoin and in my opinion in some other countries began to learn about bitcoin and if good bitcoin performance as a means of payment, I think Bitcoin start in follow in some countries to be used as a means of payment

[RonJohannson]

It has potential, but I think more for ecommerce than for regular point of sale use because nobody is going to wait in line at the grocery store while your BTC processes.  In cases like buying things on Amazon that's not a problem, but it is at a drive through at McDonald's. 

[Adine.lablab]

I think is good bitcoin as a payment system because it safe and is a easy way for payment system. It also good to discover as a past and easy transactions to make our better future to use bitcoin payment sending and paying bills through online. I believe many people become interested to use bitcoin as a payment system.

[sparveenat]

Bitcoin as payment system is at present practical handling issues to be faced do to the bitcoin exchange rate where the accounts department cannot provide the budget forecast for the payment. If the government accept bitcoin there will be huge impact will be in bitcoin access as payment system.

[rabs]

Bitcoin have bright future to play role as mode of payment which is more secure and safe,Bitcoin have no need of any intermediary to make transaction its block chain system make it safe and quicker.

In future there is Bitcoin acceptance and popularity will high and everyone will enjoy to transactions through Bitcoin.

[daniweb]

I see the future bright for bitcoin. We will definitely use it as a payment method after it gets more popular and people will trust it

[yoseph]

It has potential, but I think more for ecommerce than for regular point of sale use because nobody is going to wait in line at the grocery store while your BTC processes.  In cases like buying things on Amazon that's not a problem, but it is at a drive through at McDonald's. 

Now that people have seen how profitable it is to invest buy and save your bitcoins rather than spending it, I am sure that less and less people are going to spend their bitcoins into buying things when they can use cash or their credit cards.

[Jessica2009]

  As an electronic payment system bitcoin is used online payment .The bitcoin market is volatile so there will be ups and downs  in prices many large companies are accepting bitcoin. Bitcoin is a digital decentralized currency that means it is not controlled by any financial companies or government it is transferred person to person payment over the internet .Payment of bitcoin have lower fees and the transaction is fast. Paypal is the widely used platform in the payment system.

[SummonKing2]

In some countries bitcoin is paid as a payment system but there are also countries that have not yet been used as payments. you can pay it when you buy something and bitcoin you will pay. How did we transfer money thousands of years ago, when we all still lived in little villages and knew and trusted each other? We simply exchanged things with each other, as we still do with cash today.

[ashlyvash00]

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?

 In our wallet coin.ph system payment has already have. I dont need to go to there company to pay bills. I just make a payment under the wallet. Its no hassel at all. I was glad that they put a payment system on there wallet .

[fishball]

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?

Any transaction using bitcoin wolud be like "walk in the park" or "easy peasy". That would save time which is a major factor on any transaction.

[thirdprize]

You would pay to send money, but would you pay to spend money?  if i want to buy something i have to pay a fee.  thats not right.

[RamonCastrof567]

Its a very nice concept. If Bitcoin can take place in every payment system hen it will be a big injnovation for the world. Though many country welcome Bitcoin like Japan and many country ban it also. Let see how long Bitcoin can can capture the global transation.

[Olalomi]

Accepting bitcoin as means of payment can only be valid only if there is stability in the price of bitcoin from my own point of view,  in situations where the price varies high and low within a short period of time  will pose a threat to payment system invariably  will create room for underpayment and over payment.

[xamxam]

There are many investors who start investing in bitcoin as they can see the price of it a big profit that they get from it. But as payment system i think in the future it will be possible because as of now in some transaction bitcoin is accented.