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Author Topic: Bitcoin as payment system  (Read 5963 times)
Skuylaruy
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February 12, 2018, 05:51:20 AM
 #741

Bitcoin used as payment system is not a bad idea because online transactions are very in demand today. Also bitcoin can be converted into cash if you need it too.
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No body can predict the future growth of bitcoin.but bitcoin as way of payment would be helpful and I'm looking forward to see cashless society..
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KnightElite
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February 12, 2018, 05:56:07 AM
 #742

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?


Many people are now using bitcoin as payment system, like in Japan; most of the people in Japan are now using bitcoin as payment system. Japanese people are aware that cashless society will happen.
LETme
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February 12, 2018, 06:09:01 AM
 #743

I think many people accept bitcoin as another way of payment method very easy to make a transaction and it's direct to our wallet its very friendly user the good thing is decentralized form but the problem is there is no money back guarantee so always make sure if you sending or receiving to the right address.
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February 12, 2018, 06:22:38 AM
 #744

I like the uses of bitcoin in our country as payment in some transaction because its easy and fastest way but i hope that some stores or restaurant will also accept bitcoin so that many people will invest or buy bitcoin.

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February 12, 2018, 06:34:33 AM
 #745

I don't think it would blow up soon. I'd say we should just be patient with the price of bitcoin by now because sooner or later it will surely appreciate.

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February 12, 2018, 06:37:56 AM
 #746

I don't see it blowing up anywhere in the near future or farther ahead as many Governments are now starting to create platforms to regulate and better manage transactions of Bitcoin and other cryptos.
And yes we may be able to use it as payment in many transactions but not within the immediate timeline.
Arumi.Bilqis
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February 12, 2018, 06:51:41 AM
 #747

in other countries have done it but in my country there are still few places that receive bitcoin as a means of payment and maybe this should be in mind because my country has many people who hold bitcoin Grin
Konthol Ngaceng
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February 12, 2018, 07:06:30 AM
 #748

The presence of bitcoin into a solution for transactions that require speed, security and low cost, if bitcoin legalized all countries then many benefits that we can get for example is reducing dependence on banks.
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February 12, 2018, 09:08:05 AM
 #749

Now btc can be used to pay bills or other online transaction because you can convert it to your currency.Bitcoin is now getting compared to gold and other high valued currencies and so much companies adopted it as a payment method.Bitcoin as an investment and store of value, some altcoins for payments.
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February 12, 2018, 06:52:35 PM
 #750

I don't see it blowing up anywhere in the near future or farther ahead as many Governments are now starting to create platforms to regulate and better manage transactions of Bitcoin and other cryptos.
And yes we may be able to use it as payment in many transactions but not within the immediate timeline.

The governments have tried to control Bitcoin for about 10 years, but unfortunately they have not been able to do so, and benefit from Bitcoin is a new method. The US government is beginning to struggle with the silkroad for about 10 years.

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anjaydut
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February 12, 2018, 07:23:27 PM
 #751

to become a payment system seems to be very difficult to apply around the world, but for some countries it may be possible
I prefer the bitcoin as it is today, as a money-making investment tool.
indeed the main vision of bitcoin is to become the world currency, but after seeing the rejection of some countries, it seems that it will be very difficult to doing

GeorgiyBilyk
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February 12, 2018, 08:45:42 PM
 #752

of course! bitcoin will soon take the leading position in the worldwide payment! Bitcoin very strongly moved the fiat money and VISA cards and master cards! Now there is a serious war between the banks and the world of bitcoins! I'm sure that we live in an amazing time of the birth of a new era of money!

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AltcoinAuthority
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February 12, 2018, 08:57:35 PM
 #753

I don't see it blowing up anywhere in the near future or farther ahead as many Governments are now starting to create platforms to regulate and better manage transactions of Bitcoin and other cryptos.
And yes we may be able to use it as payment in many transactions but not within the immediate timeline.

Do you have any proof of the Governents creating platforms? Like a link to an article?

Bitcoin will stick around for now.

 
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rinny
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February 12, 2018, 11:56:23 PM
 #754

I dont think that BTC will excell as a payment system anytime soon as the value is soo volatile. People would rather save up for when the price rises l, because they know it will.
arthotdog
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February 13, 2018, 12:07:09 AM
 #755

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?


do we really need to answer this,since all of us here looking forward that bitcoin will be accepted soon by the whole world and all of the market system,payments is one mutual agreement from the clients and the provider..bitcoin known worldwide now and the main objective of satoshi by making this is to connect all the extisting matter in the world by means of electronic currencies
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February 13, 2018, 01:29:33 AM
 #756

I think that would be convenient for us users if bitcoins would be accepted as payments. Cashless transactions would give safety to us, we don't need to hurry to pay our bills on nearest payment centers. In some countries they are allowing payment thru bitcoins but still that won't be in general because other financial institutions even governments would not be recognizing it. I just hope more adequate system would be imposed so that there are more opportunities to use it anywhere. 
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February 13, 2018, 02:13:19 AM
 #757

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.

More people now not interested to use bitcoin to pay something. It has high fee that apply for sending bitcoin.
So bitcoin has very hard homework to solve this problem then continue to next step of payment system.
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February 13, 2018, 02:18:01 AM
 #758

It is possible to bitcoin as payment coz now there are few establishments accepting bitcoin as payment already.
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February 13, 2018, 02:30:29 AM
 #759

It's doesn't seem like a dream to have bitcoin as a payment system. Some companies in Japan are even planning on paying their employess with bitcoin.
levvv
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February 13, 2018, 03:05:32 AM
 #760

whether bitcoin as a payment system or investment tool, it is okay.
both of them has advantages. you can gain profit by doing both.
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