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Author Topic: Bitcoin as payment system  (Read 5963 times)
Best Dreams
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March 10, 2018, 10:20:50 AM
 #901

In my county bitcoin can be use as payment already but only online and very limited establishment accepts bitcoin as payment. Adapting it as a mode of payment in physical establishments like hotel, restaurant and others would be possible but difficult to implement.
You should be happy and hopeful because with the passage of time this system will improve and then bitcoin will be start using at high level so you will be able to use bitcoin for the payment to buy a lot of goods, in my place it is very easy to use bitcoin as a payment at shopping malls and to buy online clothes as well. Bitcoin transaction is now very fast and it can be conformed within minutes so I think in a few years we will see bitcoin being use as a regular payment for everything in our daily life, it will improve the state of bitcoin for all of us.
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March 10, 2018, 10:38:15 AM
 #902

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?


Yes bitcoin as of now is well known in times of payment sending money it's one of the fastiest transaction
Allura74
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March 10, 2018, 10:46:01 AM
 #903

In my county bitcoin can be use as payment already but only online and very limited establishment accepts bitcoin as payment. Adapting it as a mode of payment in physical establishments like hotel, restaurant and others would be possible but difficult to implement.
You should be happy and hopeful because with the passage of time this system will improve and then bitcoin will be start using at high level so you will be able to use bitcoin for the payment to buy a lot of goods, in my place it is very easy to use bitcoin as a payment at shopping malls and to buy online clothes as well. Bitcoin transaction is now very fast and it can be conformed within minutes so I think in a few years we will see bitcoin being use as a regular payment for everything in our daily life, it will improve the state of bitcoin for all of us.
Yes, that's good and you are lucky for living in a society that accept bitcoin because in our place bitcoin is not so famous and no establishment accept crypto payment or bitcoin, but i truly believe that bitcoin payment is the future of payment system and that will happen if the world is fully interconnected and that will gonna be the universal money of the future generation.

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March 10, 2018, 11:03:10 AM
 #904

In my county bitcoin can be use as payment already but only online and very limited establishment accepts bitcoin as payment. Adapting it as a mode of payment in physical establishments like hotel, restaurant and others would be possible but difficult to implement.
You should be happy and hopeful because with the passage of time this system will improve and then bitcoin will be start using at high level so you will be able to use bitcoin for the payment to buy a lot of goods, in my place it is very easy to use bitcoin as a payment at shopping malls and to buy online clothes as well. Bitcoin transaction is now very fast and it can be conformed within minutes so I think in a few years we will see bitcoin being use as a regular payment for everything in our daily life, it will improve the state of bitcoin for all of us.
It is very important that countries begin to officially recognize bitcoin! Soon the G20 summit will be held-it will be an important point in the development of the cryptocurrency.

Bayoe_noe
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March 10, 2018, 12:33:53 PM
 #905

I think it can be bitcoin as a means of payment. and even now bitcoin is already available for payment in some countries. it may be possible in the future to see from the limited number of bitcoins will make the bitcoin price too high and perhaps many countries are still difficult to make official regulation of the rules using bitcoin....
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March 10, 2018, 02:03:48 PM
 #906

yes I agree through bitcoin we can send money  many country in a easy way  thats why bitcoin as a payment is so realiable
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March 10, 2018, 02:52:00 PM
 #907

Bitcoin will dominate in the future. I strongly believe in it. It is said to replace our fiat currency. Bitcoin as payment system is a very good example of success in technology and its founder is amazing! Little by little, more and more people have awareness about cryptocurrency world and adopt it. Lots of investors are also in the cryptocurrency world. It will help a country's economy then.
PhucS
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March 10, 2018, 03:00:30 PM
 #908

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?


Yes, I think using a bitcoin as payment system is a possible thing. Bitcoin is becoming more and more popular and of great value, its future is quite good with so many supporters. Even in some countries, it has been regarded as a formal means of payment. However, not all countries do so, in my country, using Bitcoin as a means of payment will not be allowed because the government has issued a ban. There are still some barriers to Bitcoin to become a worldwide payment system
johnine
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March 10, 2018, 03:01:08 PM
 #909

Bitcoin is already a form of payment system however there are only fe businesses or establishments that accepts Bitcoin as a mode of payment. Since most of us See's Bitcoin as an investment or a source of income. And it is not a bubble like that will just disappear someday, Bitcoin already prove that it can survive no matter what crisis it take.
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March 10, 2018, 03:05:17 PM
 #910

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?



the satoshi's vision about bitcoin maybe not about payment system.
if bitcoin now used as an investment model too, that shouldn't be a problem for us.
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March 10, 2018, 03:46:42 PM
 #911

In my county bitcoin can be use as payment already but only online and very limited establishment accepts bitcoin as payment. Adapting it as a mode of payment in physical establishments like hotel, restaurant and others would be possible but difficult to implement.
You should be happy and hopeful because with the passage of time this system will improve and then bitcoin will be start using at high level so you will be able to use bitcoin for the payment to buy a lot of goods, in my place it is very easy to use bitcoin as a payment at shopping malls and to buy online clothes as well. Bitcoin transaction is now very fast and it can be conformed within minutes so I think in a few years we will see bitcoin being use as a regular payment for everything in our daily life, it will improve the state of bitcoin for all of us.
Yes, that's good and you are lucky for living in a society that accept bitcoin because in our place bitcoin is not so famous and no establishment accept crypto payment or bitcoin, but i truly believe that bitcoin payment is the future of payment system and that will happen if the world is fully interconnected and that will gonna be the universal money of the future generation.
I do not like to spend my cryptocurrency or Bitcoin for payment in my country. I can use fiat or other services related my banking. Then, I will use internet banking to purchase anything. Only global transfer money, I really want to spend my crypto for payment instead of Paypal or Perfect Money services I used in the past.

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pelipurlara
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March 10, 2018, 03:52:22 PM
 #912

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 widely use by many in the next few years. Satoshi is a great inventor. he change the life of every people when it comes to money he solve it by numbers and eventually people will understand the basic of bitcoin.

Many people believe that in the future everyone will face technological advances and bitcoin as a model of the payment system as well as the storage of the crypto currency. I firmly believe that it is safe to trade because no transport capital is used specifically if the transaction involves a large amount of money
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March 10, 2018, 06:01:06 PM
 #913

I do not think bitcoin as payment for now like paying 1 bitcoin for 1 piece/box of pizza,it is kinda big. Also, still depends on the people majority if they accept these way. But hopefully in the near future it will happen.
Why buy one pizza for one bitcoin? Bitcoin consists of 100 million "satoshi" and you can pay for pizza for example 0.001 bitcoin, it's 100,000 satoshi, depending on the price of pizza in your country. When the price of bitcoin is several times higher, you just need to pay for the same pizza a smaller amount of "satoshi" in the equivalent of the price of pizza.
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March 10, 2018, 08:26:57 PM
 #914

Bitcoin in the future will be as a method of payment. Many people focus on Bitcoin prices, but Bitcoin is still the best technology and the best system out there for payment and bitcoin storage transactions. You do not need to register, you only need a secret number (pin) to receive bitcoin. Much easier than other payment methods.
wasaisi
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March 10, 2018, 08:30:40 PM
 #915

Looks like bitcoin will be a place of payment in many places. Because the name of bitcoin is now getting famous and also many governments that have allowed bitcoin in their country. I really support for bitcoin as an online payment place, because we know the payment using bitcoin is not difficult if we want payment with that just scan, clearly.
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March 11, 2018, 06:13:01 AM
 #916

I think it can be bitcoin as a means of payment. and even now bitcoin is already available for payment in some countries. it may be possible in the future to see from the limited number of bitcoins will make the bitcoin price too high and perhaps many countries are still difficult to make official regulation of the rules using bitcoin....


     Yes, you are absolutely right man. Bitcoins have already been accepted as a form of payment in many countries and by a lot of people. In fact, I have read an amazing thread started by some guy saying that he is from czech and that a store there in their country does accept bitcoins. The better news? Well, it does not only accept bitcoins but also other crypto currencies like LTC(forgot the other one), this store is expected to accept more types of crypto currencies in the future. But yes, even with that great news, there are still a lot of bad news and FUDs all over the internet, just like what you have mentioned. But even so, I think that bitcoins or the crypto world as a whole will be surviving for a long time despite all these issues.

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SingAlong
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March 11, 2018, 06:26:19 AM
 #917

Some people consider bitcoin as a good payment system because of it's  faster transaction and you can get payment easier you don't have to go to the bank. It also has no chargeback and low transaction fees. And your payments here are surely secured and the information is transparent. This is the reason people are using bitcoin as payment systemm

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March 11, 2018, 06:27:27 AM
 #918

It would be really a great idea. aside from it is really capable in doing the internet banking itself, it has proven its natural awesomeness in doing its natural owned works. So talking about its payment system, its not a bad idea though.

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March 11, 2018, 07:01:02 AM
 #919

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?


I think that the bubble will not burst. But as a means of payment to use bitcoin, we probably will not. It will perform the functions of saving money. And we will pay for other, more convenient crypto-currencies.
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March 11, 2018, 11:16:08 AM
 #920

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?


I think it is a very good idea that bitcoin will used as a payment system because it can help to our any transaction to pay easily.Many people will be happy if this will happen that bitcoin will be a payment system.We all hope that it will happen because it is very helpful to lives of every people.
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