Bitcoin as payment system

[shield132]

Despite the pros and cons of bitcoin transactions, I remain optimistic and believe that this technology is a form of future transformation. With this technology, we can accelerate the process of financial verification, support the efficiency of work systems, and can reduce transaction costs. In addition, with the advent of cryptocurrency technology, slowly, this will change the way people do business and invest. So, be proud to be one part of this technology.

I have no idea why do you think that paying online by visa/master card is bad idea, it gives us possibility to get refund easily or block funds/get back stolen money sometimes. From bitcoin's nature it's just impossible without escrow. Innovation in bitcoin is that it's very easy way to send/receive money but currently fees are so high that it doesn't worths for small transactions. Also investors prefer stable currency when investing in business.

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[ObroQ]

With a good ifrastructure bitcoin can become the globally accepted currency. It's good as a payment system for now but when it grows up this can change the face of economy as we know it.

[Cryptron]

It will be a good evolution in the trading or market industry. As of now the bitcoin wallet in our country has the capabilities to pay bills and buy a load. It is a legit way of paying such bills. But all transaction has to be made online. It would be wonderful if the day comes that even offline you can pay in Bitcoin.

[Maureenjoy]

Well for some who knows bitcoin that would be a good idea for payment. But we also need to consider those who doesn’t have any idea what a bitcoin is if we would like to use bitcoin as for payment. This has to be thoroughly plan and with careful analysis since government are trying to ban this.

[whisee]

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?

you know wrong We all know that Bitcoin is one of the best payment system not investment.

we use bitcoin as investment not as payment "main goal"

[nightfury]

It is just a matter of time where bitcoin can be used in major entities as payment for goods or in services as well. And we've already seen it today that bitcoin is being used as payment for such. Moreover, if bitcoin's disadvantages can be addressed soon, then the realization of using it in all entities is not far from reach anymore.

[cosmoo]

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 as a payment system it's normal. It is currency like the other. One problem is transaction speed and fees.

[Treshkilling]

About it just will not tell, but judging by the situation and the system of bitcoin, it all goes to this, that perhaps the old payment system will give way to new

[ipanks]

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 as a payment system it's normal. It is currency like the other. One problem is transaction speed and fees.

that is true and we have that problem to be solved right away. before we can solve the problem, there is no chance for bitcoin to be a payment system in the offline store because people don't want to wait too long to see their transaction needs a long time to get confirmed. but I see on many sites, there is a chance for bitcoin as a payment system and I can see that website is using bitcoin as alternative payment. I think we can see this soon if bitcoin can solve the main problem.

[upekhaanthony]

Near future the most of the online site accept BTC and other crypto currency as payment method. This could be a reason for price increase. BTC has very low supply so price will increase by large amount.

[Tatalk]

Not yet but in the future it will definitely be so. The fastest growing cryptocurrency among all the time and even people also seems to believe BTC, a trust worthy and even it's continuously inflating valuation signifies that in the future it would be centralized by the government so government would impose tax on it for their profit too but after the legalization of BTC, all the illegal activities associated with it, would be stopped and can be used in world wide as a mode of payment.

[Satish147]

The main stream adoption is happening now, So bigger money coming from institutional investors to Bitcoin ecosystem then after it will be used as for normal adoption.

[JamesIV]

Near future the most of the online site accept BTC and other crypto currency as payment method. This could be a reason for price increase. BTC has very low supply so price will increase by large amount.

ya many website accept bitcoin now but seem no one want use bitcoin for payment. They think bitcoin is gold or house.

[Micerker]

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 seems you have it right like an online payment system for the whole world through the altcoin.

[gondar1]

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 not really that impossible to implement. With the technological advancement that we have and we'll be having in the future, there is no limit to as what can bitcoin achieve in the innovation of millennial's life. Not to mention the fact that internet plays a big role in our every day life, bitcoin would give ease to the transactions done through the internet.

[Litzki1990]

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 as a payment system it's normal. It is currency like the other. One problem is transaction speed and fees.

Bitcoin must better using for payment system, we know bitcoin it was now popular in any country because it easy to use.
We did not see is transaction is free they have payment also.

[wolfgang56]

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 is not a bad idea for us to use bitcoin as a payment system but there are still people who are not internet accessible area and we know that if we use bitcoin we need an internet for it to connect us on our virtual wallets so I don't think it can be possible for all.

[kyxap]

I will be very glad, if in my country start to accepr bitcoins as payments, it is will be very easily and help people in a couple things

[Rosilito]

Probably a very one good innovative idea for now's world improvement. But making bicoin as a payment system may be difficult way be. Lets talk about the adaptibility by people, we all know that today's people are prolong with gadgets even the child we did not expect to hold gadget somtimes are more literate than us. But not everyone are like that there are also people who did not know and not good with gadget, especially with cryptocurrency they even did not know that this thing exist. But for every problem there is a solution, make bitcoin as a part of a curriculum that everyone needs to pass because we do not know whats behind or what the future will become.

[Semaj123]

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 not really that impossible to implement. With the technological advancement that we have and we'll be having in the future, there is no limit to as what can bitcoin achieve in the innovation of millennial's life. Not to mention the fact that internet plays a big role in our every day life, bitcoin would give ease to the transactions done through the internet.

The internet plays a big role in terms of using bitcoin, because it needs internet to do the transactions. Since btc is created, the use of internet is becoming more useful as it is the backbone of the technology. As the years is passing by millions of innovation is being created to bring people into a more advance system which will help them to live in a more high-tech ways of living.