Bitcoin as payment system

[soname12]

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?

Many countries have a bad view of Bitcoins and Crypto. It's a risk that can negatively affect their country so it can not be accepted as a general form of payment. I think it can only become a good investment rather than a payment currency.

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[Rupok365]

Bitcoin is becoming quite familiar as a payment method, day by day. PayPal, payza, is going forward in the same way as the perfect money. Software, the products are all in the case of BitCoin and Bitcoin as payment methood.

[eldharwp]

i think it depends on the regulation, if it is accept by all of the nation it will be a payment system. but right now it still an asset or some people say it invesment that will give us profit. maybe someday it will or it won't, but i think there's possibilities.

[btc_love]

aleksandra KICKCITY?

you are with this project?

[newb-dev]

I think one day bitcoin could be the only payment system. You will go and buy bread and milk with bitcoin. You will need to have it

[derdgzmn30]

That's right. Bitcoin can also be use in online payments. It makes the consumer pay transaction as easy and not a hassle one like paying a cash.

[missyqt29]

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's function to the economics is really complicated because people have different preferences. I guess if bitcoin can have a more affordable price, people will start to use it as payment more often than now. So we can only just wait and see how things will turn out in the next critical years.

[johnson4218]

shatoshi has shown the world. Blockchain technology is applied in the monetary sector. And bitcoin did it well. However, the use of bitcoin for payment is not effective. Confirmation of blocks is too slow which makes the bitcoin transaction can take 3 days

[aleksandra_kickcity]

aleksandra KICKCITY?

you are with this project?

Yeah, that is true. I am KickCity community manager

[_noname_]

BTC is still not at the stage that shops or any other place have start accepting BTC as a payment. But as bitcoin will show their performance more well in future and can get interest of BTC in future more and more then probability of accepting BTC as a payment will be increased more as compare to now.

[Blackhammer321]

After all bitcoin's first purpose was to actually be an internet currency which is as a mode of payment in the internet. I still couldn't scrap the idea that bitcoin could be used as a payment method because nowadays people are observing and are witnessing the benefits of bitcoins in the internet. And with it's rising popularity it is not impossible for bitcoin to officially become an internet mode of payment.

[zentdex]

Yes, bitcoin can be a payment system that is the main aim of bitcoin, to become a worldwide payment system because the system works without a central bank or single administrator. Also, there are some company and establishments are now accepting bitcoin as payment. But the possibility that bitcoin become a legal worldwide payment system is very low because there are still people and government sectors that don’t want bitcoin or another cryptocurrency. Maybe in the future when bitcoin become adequate to many people.

[Melvin Narag]

Yes some of establishments using payment system in bitcoin you pay online

[btc_love]

aleksandra KICKCITY?

you are with this project?

Yeah, that is true. I am KickCity community manager

do you have some information? can i have telegram chat or so on?

[aleksandra_kickcity]

aleksandra KICKCITY?

you are with this project?

Yeah, that is true. I am KickCity community manager

do you have some information? can i have telegram chat or so on?

yeah, sure!

https://t.me/kickcity_chat

[bad_apple]

Bitcoin as a payment system is okay as of now, but there are lots of issues regarding scams and hacking. However, the ease of trading is much better than that on manual payment system (cash and the like). Payments on online services are actually done using bitcoins and the like so to sum up, bitcoin as a payment system is actually popular and can improve and expand much further given that its security also improves.

[DrakeDG]

It would be good to see bitcoin being used as medium for payment system but as people sees it on the bigger picture, there is profit in investing bitcoin. But speaking of payment system, there are already businesses who use bitcoin as payment for their goods or services offered to their customers.

This business your saying had actually been removing Bitcoin as their payment options since BTC has the most expensive Tx fees. I know Microsoft and Newegg had already done that, unless the TX fees are solved I don't think they will return this options.

[TutorShow]

people use bitcoin wrongly. bitcoin is a currency only  not for investing.
more and more people stop using bitcoin as payment system and start use it for investing buy cheap and sell high.
with this high fee i think only 10% will use it for paying.

[Maxson]

Good for payment which will curb theft to a minimum rate, certainly the security aspect is considered to be sure and that lies in hands of every one hands.

[AriannaSantosUU]

Bitcoin might stay the way it is but not as a bubble but as an online asset and investment shell. If bitcoin does not up its game by innovating someway some other coins might overtake it.