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Author Topic: Bitcoin as payment system  (Read 5963 times)
tonyja2017
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April 01, 2018, 10:19:47 AM
 #961

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 do not think bitcoin will become a paid system. I think it should only be used in transferring money, which is the best function of bitcoin and we should not develop it in any field. Because not many people use bitcoins at the present time, they need more than 10 years to be widely available and legally accepted.
I think the future of bitcoin is very good because more and more stock investors turn to cryptocurrency investment and market capitalization is increasing.

There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
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dirham99
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April 01, 2018, 10:20:39 AM
 #962

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?



it' my hope, In future bitcoin as payment system.
enwi
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April 01, 2018, 10:37:45 AM
 #963

I think, bitcoin can not be used as a whole payment system because not all places can accept bitcoin and need internet access to be able to use it and there must be many changes in various places
Cryptoandrius
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April 01, 2018, 10:53:38 AM
 #964

Bitcoin is close to the end. We should change our views and look at altcoins. It's time
vergel24official
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April 01, 2018, 11:09:26 AM
 #965

Bitcoin as payment system has many benefit and these are:

1. Fast transaction confirmation time, which is handy for international transactions. It is an  international currency that allows to purchase items from abroad without worrying about currency conversation. Btc wallets can be access on any electronic device such as mobile phone or PC, which is handy for convenience.
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April 01, 2018, 11:27:09 AM
 #966

Now it is very difficult to judge this because the rate is as low as possible.Not the lowest in history is absolutely clear,but low enough to say so

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fuer44
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April 01, 2018, 11:31:22 AM
 #967

I really like if bitcoin is used as a means of payment. instead of using paypal, it would be easier if using bitcoin. I once use paypal, must have a credit card and if want to withdraw, takes 3 days even more. easier to use bitcoin, the transaction is fast, safe, and the fee is small.
dinar99
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April 01, 2018, 11:32:59 AM
 #968

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.

I agree mate, bitcoin can be good payment system and gateway. I hope it
Tiklohor
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April 01, 2018, 11:33:56 AM
 #969

I think bitcoin as a payment system is not suitable. most likely everything will remain as it is now

Sunyoto
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April 01, 2018, 11:34:44 AM
 #970

as we know that bitcoin in my country now, also make purchases of goods using bitcoin payments, and also for big companies also start using bitcoin as their bill payment tool, because I think the bitcoin of the future will be better than now.
ralph_0608
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April 01, 2018, 11:38:49 AM
Merited by elbimbo012 (4)
 #971

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 you have watch the documentary titled "magic money: the bitcoin evolution" there it show how bitcoin have been using as payment system in different type of business and function even in barber shop, massage parlor, boutique, malls and other companies and services they only scan qr code and after few seconds bitcoin was transfered as payment and there is no doubt this would be apply in other country too Japan show bitcoin can be an alternative form of payment.

Mariela
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April 01, 2018, 11:44:52 AM
 #972

As of now the status of bitcoin is already a new form or system of payment.
So i think it is very effective and efficient way of payment. That is the advantage when you use bitcoin.
joganuts
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April 01, 2018, 11:53:04 AM
 #973

It's good that there are countries already that accept bitcoin as a payment because the charge that is putted there is not big however i think that the there are countries that won't agree the idea of using bitcoin as a payment system. So as long as there are countries that disagree with this idea bitcoin will stay as it is. Aside from that, people will choose tohold their coins instead of using it as their payment.
I think it would be a good idea using bitcoin as mode of payment because it would be another convenient way of payment. It can also cause less trouble because you don't have to bring a huge money with you. So as you can see bitcoin can really give convenience in peoples everyday living.

bitfocus
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April 01, 2018, 11:59:09 AM
 #974

There are several payment systems that accept and processes Bitcoin and other coins as a payment method. Also, you can use crypto debit cards just as a regular credit card for most of the services you want to avail. There are several services like Coinbase merchant tools to make bitcoin more useful.
Friskaadew
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April 01, 2018, 12:01:46 PM
 #975

Bitcoin as a storage token little by little turned to get multiple usages. Among that bitcoin as a payment system is also gets added. In recent days lot, many companies started to accept bitcoin into their business and drop the usage in a short,  because it won't be gaining good revenue as the very small number of people know about bitcoin as well cryptocurrency.
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April 01, 2018, 12:02:49 PM
 #976

I think it is too early to talk about bitcoin as a payment system. although if they do it will be convenient to immediately pay with bitcoins

Similificator
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April 01, 2018, 01:48:31 PM
 #977

There are several payment systems that accept and processes Bitcoin and other coins as a payment method. Also, you can use crypto debit cards just as a regular credit card for most of the services you want to avail. There are several services like Coinbase merchant tools to make bitcoin more useful.


Yes I agree with you. In fact, there are a lot of huge companies that have gambled in adding bitcoins into one of the options of the people looking into getting their services or their merchandise as means of payment like microsoft and so much more. I have even read about amazon also accepting bitcoins as one of the payment methods available for their business. To me, it is only a matter of time until bitcoins receive full trust from an increasing number of people in the near future.
saty ane nenu
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April 01, 2018, 04:28:23 PM
 #978

yes some shopping malls accepting to buy goods through bitcoins payments  Smiley it means bitcoin is our feature payment system
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April 01, 2018, 04:36:07 PM
 #979

bitcoin as a payment system is not suitable. I think everything will remain as it is now
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April 01, 2018, 04:36:29 PM
 #980

i guess our new next generation of payment method is a combined bitcoin and tradition payment method but as of now, bitcoin is not yet acceptable in some country because of  unavoidable reason.
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