Bitcoin as payment system

[DewiKirana]

For now bitcoin is not exactly used for payment systems because it is still fluctuating. Maybe in the future bitcoin prices will be stable and it can make the dream of Sathosi Nakamoto make bitcoin as another payment alternative that is used by many people.

[v3liana]

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?

i do see there will be a future money as bitcoon in the future but ijust not sure if bitcoin is good for transaction. i would rather choose to invest on altcoin such as ripple iota and xlm as transaction platform. they are more efficient than bitcoin and more better option than bitcoin in terms of transaction. bitcoin for me is a bubble investment that will sure pop out some day cause its increasing too fast and not used as payment neither transaction item but for fast earning money investment. that what makes bitcoin as bubble investment

[notyours]

For now bitcoin is not exactly used for payment systems because it is still fluctuating. Maybe in the future bitcoin prices will be stable and it can make the dream of Sathosi Nakamoto make bitcoin as another payment alternative that is used by many people.

I do believe that bitcoin as payment system is way to far to happen this year. Due to quick changes in the prices of bitcoin and its unstable growth. In a day bitcoin fluctuates in price about 10-15 times and it is absurd to think that buying a pizza that cost this much suddenly cost lesser after a few hours.

[Marry Finch]

What will happen to bitcoin further will depend on the results of the introduction of a network of lightning, which should eliminate the existing shortcomings of bitcoin. When testing this system, some bitcoin was transferred as a payment for the use of a mobile phone. The transaction was almost instantaneous and without any commission at all. However, for the final implementation of this project, you need to adapt the purses to this lightning system. If everything goes well, bitcoin will have a good payment system - fast and inexpensive and therefore bitcoin will receive a powerful push for its development.

[Jedzkie050617]

For now bitcoin is not exactly used for payment systems because it is still fluctuating. Maybe in the future bitcoin prices will be stable and it can make the dream of Sathosi Nakamoto make bitcoin as another payment alternative that is used by many people.

I do believe that bitcoin as payment system is way to far to happen this year. Due to quick changes in the prices of bitcoin and its unstable growth. In a day bitcoin fluctuates in price about 10-15 times and it is absurd to think that buying a pizza that cost this much suddenly cost lesser after a few hours.

You're totally correct, it takes time that bitcoin as a mode of payments. It's not easy to be implemented due to the fact of government which might react as they want some shares since the value of bitcoin is so high. Also, the value of bitcoin is not stable which can change time to time having a huge gap of value since many investors as well as users will cash out. Well, I believe that someday it will be implemented as many want to be happened but we can't assure when it gonna happen.

[Osarman]

Many businesses in different countries are accepting bitcoin as payment for goods and services, and there are also some that dont accept, it maybe because they dont know what a bitcoin is. Dont know when will the whole world accept it as payment on any transactions (but it can be possible) since banks are continuously producing money and is the only currency that they recognize.

Businessmen are willingly accepting bitcoin against the goods. Many shopping malls across the world are also accepting bitcoin being a payment against items.

I have purchased my android phone from abroad and paid in bitcoin to the shop. It is reality that fee is now a days very high of bitcoin transaction but I personally appreciate bitcoin payment system because I am extremely fed up of bank dealing that’s why I prefer and like bitcoin payment system.

[rvrl_23]

I think bitcoin will make an awesome payment system, it's fast, reliable, and most of all secured, it's so secured that it has been used in a bad way e.g. in deep web, almost all the payments are done there in bitcoins, so criminals can't be traced or detected.

[mejalipat]

it would be nice if bitcoin as a payment system because it will make it easier to make payments between countries but not everyone knows bitcoin so I do not think bitcoin can be used for the payment system

[skyland999]

my estimated future will bitcoin its value will be very high because many of its investors are wrestling in the crypto world, and bitcoin could have replaced the dollar in the sense that all countries can approve bitcoin as a world transaction

[shesheboy]

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?

How do you think, will we be using bitcoin as payment system?

we already using bitcoin as a payment system to buy things and stuffs online , not only in online but also on an offline envronment because some country now had been already accepted and legalize bitcoin to be used in some of their establishments like malls , hotels , coffe shops , atm machine , etc. bitcoin is not only for payment but it can also be used on trading and investing or anything that you can think of.

Or it will stay as it is and this bubble blow up one day?

what? bitcoin is not a bubble because bitcoin is still here and we still see and use it.  this bitcoin bubble thing has been discussed all the time and no one has really proven it or have a legit evidence to say that it was really a bubble.

And how do you see it's future?

no one can see or predict its future unless someone has a crystall ball or time machine to travel and see what future does really hold in bitcoin and any other cryptos.

[jomarthegreat89]

we already using bitcoin as a payment system to buy things and stuffs online , not only in online but also on an offline envronment because some country now had been already accepted and legalize bitcoin to be used in some of their establishments like malls , hotels , coffe shops , atm machine , etc. bitcoin is not only for payment but it can also be used on trading and investing or anything that you can think of.

It's true that we are using Bitcoin as online payment, but it isn't really advisable for micropayments due to long confirmation time as well as high fees. Also, I don't think malls, hotels, coffeeshops, atm machines are offline since Bitcoin needs the internet to run.

[hoanghoatham04]

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?

I also think that Bitcoin is the largest payment system in the world today because Bitcoin is used by everyone as a trading currency for all other altcoin.

[haxker007]

The advantages of utilizing BTC as an payment framework. This article will examine the focal points for purchasers and shippers to utilize BTC as an installment framework and will likewise talk about escrow benefits, BTC's future in exchanging, potential misfortunes, and an outline of its advantages.

[randal9]

If the cost of fees decreases and the transaction time is settled, then it will be a wonderful payment system...there are so many advantages

[repsol]

I currently use bitcoin as an investment because in my country using bitcoin as payment is prohibited by the government, I do not invest all my money in bitcoin but I also invest in altcoin, nowadays safe investment in bitcoin and bitcoin gives me an advantage

[piebeyb]

yes prefer from your word on this thread yes yes we still have state regulations that need to be obeyed, I think after it is really official I think it is very easy to be a means of payment

[achikomimi]

I am still thinking about that bubble. But i cannot explain how could that become a bubble one day. And I do not expect that that would happen because I believe that Bitcoin will be acceptable world wide as medium of exchange. One day it will no longer take as investment.

[KingOfWinterfell01]

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?

A world using a single currency? What a dream. But I guess bitcoins will only surmount to being just a digital currency capable of carrying a lot of value and a cash cow to most investors looking for a quick buck. I guess it won't blowup since a lot of people are supporting it. I am however, always hopeful that we can somehow find a way to include btc to the mainstream.

[lifetimebitcoins]

Bitcoin as payment system is really difficult to success the reason is bitcoin price volatility

[Kezio]

We cannot deny the fact that one the intentions behind the creation of Bitcoin was to be able to use it as payment for different services. I am quite certain that once the mempool drains, Bitcoin will reach a stable price and will be forced into circulation. Until then, even if there are some exceptions, people will be holding their coins and thus preventing this from happening due to little to no circulation.