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Author Topic: Bitcoin as payment system  (Read 5963 times)
buburjelly
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March 11, 2018, 11:17:35 AM
 #921

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?


If bitcoin is to be used as a means of daily payment, then every country in the world must make an agreement on bitcoin regulations because each country has its own legal currency for the use of transactions by its people. I think it will take a long time to discuss that bitcoin can be used as a legitimate payment instrument in a country if its government has not yet accepted the existence of bitcoin as a digital currency.
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lyn11
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March 11, 2018, 11:20:16 AM
 #922

How Bitcoin can pay every member? I am just a newbie.
WatchMaker
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March 11, 2018, 11:22:53 AM
 #923

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 always preper using bitcoin as a payment system than holding as a digital store of value. I only hold my bitcoins when i have nothing to buy. I think using bitcoin is always better than holding bitcoins because there are so many risks involved in holding bitcoins.

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multikript888
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March 11, 2018, 07:48:53 PM
 #924

Nobody will close the user's access to his bitcoin-wallet and will not force him to prove that this wallet belongs to you. This gives unlimited opportunities for translations
Kildin11
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March 11, 2018, 07:51:58 PM
 #925

no. categorically not, because of its limited emissions. but as gold - yes! and all for the same reason! think about it.
tiktak89
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March 11, 2018, 08:11:00 PM
 #926

We can already use bitcoin as a payment system, though not everywhere else it is accepted.

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Aderiho Bitjones
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March 11, 2018, 08:11:43 PM
 #927

Of course, if you introduce payment methods using bitcoin, this will be a breakthrough. Since this method is very reliable and it is not possible to get it. It's faster and you do not need to bother with currency conversion. I think that this is the future
bitvelk
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March 11, 2018, 08:27:18 PM
 #928

I occasionally use bitcoin as a payment system-it can be very beneficial to carry out international transfers.

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bigbosma
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March 11, 2018, 08:42:33 PM
 #929

I think bitcoin will have a great future as a payment system. Now we have to use it mainly as an investment, as it is problematic to make transfers or pay for purchases with the help of cryptocurrency.

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udivkx
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March 11, 2018, 09:07:47 PM
 #930

I am sure that very soon in large and smaller cities there will be places where it will be possible to use bitcoin as a means of payment, since now it is only an investment for me.

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March 14, 2018, 07:25:50 AM
 #931

A few people consider bitcoin as a decent installment framework due to it's quicker exchange and you can get installment less demanding you don't need to go to the bank. It likewise has no chargeback and low exchange expenses. What's more, your installments here are without a doubt secured and the data is straightforward. This is the reason individuals are utilizing bitcoin as installment system
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March 14, 2018, 07:26:20 AM
 #932

Bitcoin will rule later on. I unequivocally have faith in it. It is said to supplant our fiat money. Bitcoin as installment framework is a decent case of achievement in innovation and its author is stunning! Little by little, an ever increasing number of individuals have mindfulness about cryptographic money world and embrace it. Heaps of financial specialists are likewise in the cryptographic money world. It will help a nation's economy at that point.
Dmitry.Vastov
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March 14, 2018, 05:55:33 PM
 #933

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 can trust blindly on the BTC growth, though the curve of growth showed some fluctuation in the past few months but still it's growth is definite. The invention of bitcoin is very innovative idea and with the fact that within the decade, millions of people are into BTC, then the future is not far away that one day BTC will be used as a payment system and would be accepted world wide. The only problem with BTC is it's decentralization and once it get green flag from every country then definitely BTC and other cryptocurrency will be use as a payment method.
jerowacik
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March 19, 2018, 03:21:09 PM
 #934

The only one reason why BTC costs not more than $100k - people are underestimating it. For now its just a store of value, you don't actually need to use it to make payments. I hope in 2-3 years situation will change.
mekusproj
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March 19, 2018, 04:09:41 PM
 #935

As part of the globalization that has swept the world. We send and receive instant message and all forms of data in seconds from anywhere in the world, receiving money should be same way and bitcoin has pioneered that speed of money transfer without the usual stress  of transferring funds across national boundaries.
DarkEagleMan
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March 28, 2018, 11:39:16 PM
 #936

In fact, I find it more efficient to use bitcoin as a payment system than as a currency or store of value, as long as future improvements can lead to an expected scalability that allows it to reduce fees and improve time confirmation. In fact when I started in the world of bitcoin, I only used it as a means of payment and I was very satisfied with its efficiency.

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tuliobrothers
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March 28, 2018, 11:46:35 PM
 #937

i think it bitcoin can be  good payment system and payment gateway.there is no need third party to transfer your money.its peer to peer and safe.so it grow good payment system.

Bitcoin is being use in payment system.  Most of us are so thankful for the convenience and faster transaction because of bitcoin. We can put or transfer our money to a particular account in a short period of time as long as you can connect in the internet.

elwiswoodie
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March 28, 2018, 11:50:03 PM
 #938

no problem, if cryptocurrency is made as an alternative payment, it does not matter. provided the FIAT currency is not replaced
people who do not know about bitcoin, do not be forced
let them know as time passes
Tervelatuk
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March 28, 2018, 11:53:01 PM
 #939

I think there will be a day when digital currency is legend in our country and used as a means of payment, but currently our country status is still neutral with bitcoin, but I believe someday it will change, because digital money reflects the future
gidaahmad
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March 28, 2018, 11:55:35 PM
 #940

I think that Bitcoin is not at risk of bubbles. As long as Marketcap still contains funds, that's when Bitcoin will stay alive as an investment choice and as a payment system.
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