BTC payment only?

[alizalela7]

Have you ever paid for goods and services by bitcoin? Have you ever seen someone buy something or go to a supermarket with bitcoin? I like to buy the item that payment payment by bitcoin

[1714805469]

1714805469

[HSRP]

Make BTC payment as fast as possible, your contract is extremely powerful, can be used as a currency and a commodity and also for smart contracts. The smart contract never really took off and other currencies like Ethereum focused their development to specialize in that and basically because of the default platform

Blockchain technology is extremely excellent and Bitcoin is a very classy product of this technology. Bitcoin, if widely used in online payments, would be a revolution in the way people use cryptocurrency. I hope that the day that the world uses Bitcoin in payment will soon happen in the next few years.

[MartinAK]

I am well convinced that with time bitcoin can be used for all transactions. As for smart contract it does not actually require complicated, advance things. It already incorporated in bitcoin to some extent.

[tanjilrifat]

Those tokens cannot beyond bitcoins for what so ever. Bitcoin blockchain is not known for its ability to enable smart contracts.

[Irfansyed]

Companies from different Industries, Political campaigns, and many more Services are accepting Bitcoin as a legitimate source of payment moreover, people around the world have also begun accepting Bitcoin as a medium of exchange, since there are many implications to Blockchain Technology

[tranle1267]

at now there are many system use blockchain payment like ETH, XLM, NEO... BTC payment is one as them.

[Nurshazwani]

Bitcoin transactions have no intermediary institutions or government involvement, the costs of transacting are kept very low.

[btc_angela]

As of now I know that BTC is more on Payment. In the future will we utilize a Smart Contract-like?

No Bitcoin is not a payment scheme as others might what to put it. The price is not stable and then the cost of transaction fees. Today its been look as more of a store of value or investments. There's nothing wrong though, but to make it a currency, we need some form of regulations though because it can be adopted globally.

[amonymous]

BTC is actually not very practical for payments and transactions for 2 reasons :

* High transaction costs
* Slow confirmation times

Yes absolutely right! but if you and merchants can use coinbase then it's going to easy and super fast.

Absolutely agree right and your opinion coinbase is the good transaction and super fast for the bitcoin.is the two ways good and easy.

[henikensingapore]

In addition to easy payments, the technology that BTC brings to many other applications where Bitcoin currency is just one of them. For example Application for land registration, notary, contract Intelligent (automatically allow or cancel transactions with some pre-programmed conditions), domain registrations, voting processes, ... when algorithms become more reliable than secondary parties three (which may not be reliable due to corruption). Blockchain technology allows strangers to trade safely without mutual trust.

[Om.monata]

I see that bitcoin is more often used for exchange transactions between other coins and low coins. but for the payment is still within the minimum volume limit, because if for payment must involve the approval of various parties.

[Steinway-Bobb]

Smart contract will be applied in many aspect of life  such as ,cryptocurrency, mediacal industry, supply management, real estate...

[Vinz1978]

As of now I know that BTC is more on Payment. In the future will we utilize a Smart Contract-like?

Because of the blockchain bitcoin appeared or was created, correct me if I'm wrong with this thoughts of mind. Then, as time goes by there are many blockchain appeared aside from bitcoin, we have Ethereum erc20, Xem or known as Nem, Neo, Waves, and Xlm or Stellar.
Those are I think in the near future will become more useful in our entire planet.

[Blackhammer321]

I also prefer to use bitcoin for transactions because in time as well as other things bitcoin has a better advantage, it's the one that makes the attraction for me.

One of the advantage of it is, doing transactions more easy, or easier in which you do not have to waste more time and do mot waste too much effort. With bitcoin you only need some clicks that will lead you in finishing transactions in an instant. This is the future of everyone I believe.

[ivannalog814]

Bitcoin is more convenient to pay for the product, and a smart contract is more suitable for concluding contracts for example for real estate.

[Dexion]

BTC is more than payment bro! BTC has more functions for the future. bitcoin is recognized by many people today as a place to save assets.

the bank has lost, the bank is not a solution for the future. banks cannot make consumers satisfied. and bitcoin will replace the Bank's position.

so, BTC is not just payment.

[Velkro]

smart contracts aren't really complicated things that requires some weird advanced or dedicated thing. it can already be done in bitcoin to some extent. but since bitcoin is a currency having things like what you see today in form of Smart Contracts is not really wise on bitcoin.

On my knowledge bitcoin has limited script possibilities for security so its not possible to create real smart contract in bitcoin.
In ethereum its possible, because they have more advanced script but with possibilities comes also harm/danger. Ethereum faced many critical bugs that bitcoin didn't. Bitcoin is more about reliability and security than innovation. Im for caucious aproach.

[mekie]

The slow conformation times and the transaction cost are a big hindrance to bitcoins usefulness in day to day situations. It is fine for big ticket items-such as real estate where the paperwork can take weeks or even months, but it needs to be a whole lot faster and cheaper to take it mainstream.

[joebrook]

BTC is actually not very practical for payments and transactions for 2 reasons :

* High transaction costs
* Slow confirmation times

The reason for the high transaction costs and slow confirmation times is because of the block size which is very small and thus makes the network congested with unconfirmed transactions which drives the costs up,

[ratatat bangbang]

Bitcoin for now is good for payment because the value is low. They are still in the stage of recovering.