Bitcoin as payment system

[dg2010]

i think cryptocurrency will become the official payment system in the world. but i can not exactly which coin will be the official tool, BTC, ETH, IOTA or XRP,... no one can know.

[parendshorst]

Bitcoin was born for this reason, for the payment system , no more barrrier , no more formality in transaction. Satoshi made this Bitcoin for people who want to make global transaction.

[Cryptowod]

I dont think bitcoin will be the future. It will however open the door for many projects to be. We still need to see alot of regulations concerning btc.

[GeniusAko]

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?

The real reason why the community who are using bitcoin are keep growing because of the good impact of the bitcoin in our society. The online payment is becoming safer and faster because of the bitcoins.

[Hellas Fos]

Bitcoin and its technology is the future.
The most energy efficient payment system in the world EVER.

[mekusproj]

When Satoshi Nakamoto wrote the white paper on Bitcoin, he envisaged it as a payment system and a currency that would operate totally online. However, since its early days, a lot has happened, and Bitcoin’s core function has shifted substantially away from that ideal.

Many now see and use Bitcoin as a store of value, and it has become an investor’s dream as its volatility is mostly projected upwards, gaining hugely compared to any other asset out there.

As a payment system, there are core issues that are stopping its growth in this direction like, Cost of transactions and Speed of transactions especially for large volumes because of the number of confirmations required for transactions to go through.

[Shafiqul Islam]

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.

Yes I also think Bitcoin is the best way to payment system. Bitcoin give as a salary for jobs and next Bitcoin can transfer it fiat or paper money as usually.

[Shafiqul Islam]

i think cryptocurrency will become the official payment system in the world. but i can not exactly which coin will be the official tool, BTC, ETH, IOTA or XRP,... no one can know.

Yes their are many currencies in the world but not only Bitcoin but also others currency could be included in payment system. Such as Bitcoin,  Ethereum,  Bitcoin gold, Bitcoin cash. Etc

[Muralidhar rao]

Bitcoin... I love that word.... Bitcoin has reduced the difficult ways of cash payments.. It became more easy to pay my bills through bitcoins.. It wont be less if i say Bitcoin will be one of the emerging currency all over the globe in the comming future

[nakamura12]

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?

There is a payment system that accepts bitcoin now. They made online market that accepts bitcoin to any goods you purchase. You should be able to buy goods you want through online now because of that it would help us lessen our problems on what to do with our bitcoin. We can use bitcoin as payment right now.

[#dhabitamartha]

I prefer to invest like gold of high value and can go down anytime because it is full of challenges and mengasikan and I am also happy if bitcoin as a currency that can buy goods or services is also very mengasikan so I am happy between the two.

[Antivoid]

the governor of the people's bank of China has just announced that China will not accept btc as a payment, may other goverments follow China's policy? i think btc maybe a payment in small countries, but those strong governments will not accept it

[gabbiee]

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.

Yes I also think Bitcoin is the best way to payment system. Bitcoin give as a salary for jobs and next Bitcoin can transfer it fiat or paper money as usually.

The only disadvantage when you start using bitcoin as a payment system is that the value of it keeps on changing maybe what you're expecting to receive is lower than usual or the other way around. What you'll be paying or receiving totally depends upon the value of bitcoin, I think somehow you'll lose something but there are also times you'll gain something.

[ASICHEAD]

i think cryptocurrency will become the official payment system in the world. but i can not exactly which coin will be the official tool, BTC, ETH, IOTA or XRP,... no one can know.

Yes their are many currencies in the world but not only Bitcoin but also others currency could be included in payment system. Such as Bitcoin,  Ethereum,  Bitcoin gold, Bitcoin cash. Etc

No, Bitcoin, Ethereum, Bitcoin Gold, etc. are the crypcurrencies, your words can make others misunderstand your opinion. Currencies are FIAT like dollar, euro, JPY, CNY, etc. Beside that, cryptocurrency does not depend on management of the government.

[karsy]

will live bitcoin for the next 5 years exactly. On account of whether it will be put into circulation in ordinary life is difficult to predict.

[karsy]

the governor of the people's bank of China has just announced that China will not accept btc as a payment, may other goverments follow China's policy? i think btc maybe a payment in small countries, but those strong governments will not accept it

China has long been against the cryptocurrency. Yes, he lives inside his system. They do not have access to social networks worldwide. Their policy is aimed at the internal structure of the country.

[danzo11]

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 think most poeple already use bitcoin as payment. To invest his money, but we should know that bitcoin unpredictable because it can be changed at any time, but one day I'm sure bitcoin will become digital currencies are in use in each country.

[musharaf]

I wish to see that bitcoin is used for payment system in the world in my life and i have seen that bitcoin is started as payment system so i am interested to use bitcoin for payments and it will be a good way because i have a lot of business transaction for which i have to visit bank several times and for that the papers and documentation is also problem headache for me so it will good if bitcoin is allowed for payment system and this will be good because many business dealings will be through this currency.

[Harley29]

i think cryptocurrency will become the official payment system in the world. but i can not exactly which coin will be the official tool, BTC, ETH, IOTA or XRP,... no one can know.

Yes it is right that digital currency/cryptocurrency will be the future of the world economy. But I am going to clear your doubt that it will be the Bitcoin which will be that coin. You can see that all of the governments who are taking interest in the regulation of crypto are giving more attention to Bitcoin which means that they are seeing something special in this currency and it is sure from their action that they are making this currency a more trusted currency for the bigger companies of their countries and for the involvement of investors.

[Best Dreams]

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.