How hard is it to pay with bitcoin?

[huanzhong644306]

Bitcoins are easier to pay than a debit or credit card, which can be accepted without a merchant account. In your wallet application on your computer or smartphone, enter the recipient's bitcoin address and payment amount, and you can complete the payment by pressing the send button. To make it easier to enter the payee's address, many wallets can be accessed via qr code scanning or NFC technology.


Do you think it is convenient to use bitcoin?

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[supermine]

Bitcoins are easier to pay than a debit or credit card, which can be accepted without a merchant account. In your wallet application on your computer or smartphone, enter the recipient's bitcoin address and payment amount, and you can complete the payment by pressing the send button. To make it easier to enter the payee's address, many wallets can be accessed via qr code scanning or NFC technology.


Do you think it is convenient to use bitcoin?

Yes it is easier to use but bitcoin transactions are not instant so the buyer have to wait until the transaction get confirmed to buy things which is negativity of bitcoin for being used as a currency.But paying with doesn't need any information and bank details just the address is enough to pay them.

[Iceblast]

Bitcoins are easier to pay than a debit or credit card, which can be accepted without a merchant account. In your wallet application on your computer or smartphone, enter the recipient's bitcoin address and payment amount, and you can complete the payment by pressing the send button. To make it easier to enter the payee's address, many wallets can be accessed via qr code scanning or NFC technology.


Do you think it is convenient to use bitcoin?

I think it's more practical to use bitcoin, because we can pay easily and do not need a long time. but bitcoin payments are hindered by regulations from each country that still have not granted permission for transactions with bitcoins.

[zhekinsp]

Bitcoins are easier to pay than a debit or credit card, which can be accepted without a merchant account. In your wallet application on your computer or smartphone, enter the recipient's bitcoin address and payment amount, and you can complete the payment by pressing the send button. To make it easier to enter the payee's address, many wallets can be accessed via qr code scanning or NFC technology.


Do you think it is convenient to use bitcoin?

I think it's more practical to use bitcoin, because we can pay easily and do not need a long time. but bitcoin payments are hindered by regulations from each country that still have not granted permission for transactions with bitcoins.

Wrong! bitcoin transactions are longer than the fiat transactions even if we pay with the cards the cash will be credited to the mechant account instantly but in bitcoin there is an inbetween process called confirmations.Even if the government have any regulations to use bitcoin we still can use it we don't need to wait for anyone's permission to use bitcoins that is called decentralization.

[trecore4]

Bitcoins are easier to pay than a debit or credit card, which can be accepted without a merchant account. In your wallet application on your computer or smartphone, enter the recipient's bitcoin address and payment amount, and you can complete the payment by pressing the send button. To make it easier to enter the payee's address, many wallets can be accessed via qr code scanning or NFC technology.


Do you think it is convenient to use bitcoin?

Off course that is why they made the bitcoin in first place. To make the life far easier and out of the box approach. I mean look at the traditional methods they need a bank account at first, later you have to go through personal interview before opening it and then you have to ask for the recipient details and thats not single detail but many more. Thats never ending and takes the fun by asking you your identity and much more.

In case of the bitcoin it is far simpler and works the way you have explained here. It really needs nothing but just an address and a send button. happy life!  

[PrinceCaspian]

Bitcoins are easier to pay than a debit or credit card, which can be accepted without a merchant account. In your wallet application on your computer or smartphone, enter the recipient's bitcoin address and payment amount, and you can complete the payment by pressing the send button. To make it easier to enter the payee's address, many wallets can be accessed via qr code scanning or NFC technology.


Do you think it is convenient to use bitcoin?

Yes it is. I actually prefer using bitcoin when sending my family money. It is more convenient than going to the bank or any remittance company. You will not need to fall in line, fill in forms. It saves a lot of time and effort to use bitcoin. It can also be profitable since the price is very volatile. So, I really prefer using bitcoin.

[palle11]

It is very convenient. From the comfort of your home, you transact business or send money to loved ones. It is very open, no secrecy and the charges are clearly calculated depending on how much one is sending.

[lelou]

Paying with bitcoin is easy but one of the factor that affects stores and small businesses to use bitcoin as a payment option is the transaction time and fees.

[krauzzer02]

No doubt how bitcoin made the transactions swiftly and rapidly that totally eliminates the third party transactions which are the traditional banking, owning the private key have the fullest advantage over the blockchains full potential, however, threats never cease to exist, not just the basic functions that you need to learn but some technical knowledge about the security and protection of your wallet against hackers, Hot wallets have a higher risk of being stolen by the hackers, double checking is necessary for the transactions you may send bitcoins to the wrong address, viruses such as copy paste malware can decipher and change the pasting of address from clipboard so extra precautions and safety is necessay to avoid this types of incidents, better to store large amount of coins to cold storage device.

[MintCondition]

Bitcoins are easier to pay than a debit or credit card, which can be accepted without a merchant account. In your wallet application on your computer or smartphone, enter the recipient's bitcoin address and payment amount, and you can complete the payment by pressing the send button. To make it easier to enter the payee's address, many wallets can be accessed via qr code scanning or NFC technology.


Do you think it is convenient to use bitcoin?

Yes it is easier to use but bitcoin transactions are not instant so the buyer have to wait until the transaction get confirmed to buy things which is negativity of bitcoin for being used as a currency.But paying with doesn't need any information and bank details just the address is enough to pay them.

There is some process to make it faster just like when you use coins.ph app. If 2 user are using same coins.ph and transfer BTC to each other. There will be no transaction applied and the transfer is instant. I think is using some kind of self miner to process all the transaction happened on their own wallet address.

[frowsiter]

Bitcoins are easier to pay than a debit or credit card, which can be accepted without a merchant account. In your wallet application on your computer or smartphone, enter the recipient's bitcoin address and payment amount, and you can complete the payment by pressing the send button. To make it easier to enter the payee's address, many wallets can be accessed via qr code scanning or NFC technology.


Do you think it is convenient to use bitcoin?

Yes they are but it is no different than what we have with credit or debit cards or internet banking for example. I mean you have to have the bank account for availing these services but for using bitcoin there is no different thing there too. I mean you have to have the bitcoin wallet in the first place and on top of that you also need to synch it with the KYC now a days.

Thats about the account creating in both financial institutes!

The further steps are also kind of similar,

-> With internet banking you can send funds almost instantly by using services like UPI, IMPS, QR and much more.
-> With ATM cards you can have instant money in the form of cash or you can pay at the counter in zero minutes too,

For Bitcoin :

-> Similar way of paying, you need address and you need confirmation after transaction is broadcasted.

I think they both are convenient.

[supermine]

Bitcoins are easier to pay than a debit or credit card, which can be accepted without a merchant account. In your wallet application on your computer or smartphone, enter the recipient's bitcoin address and payment amount, and you can complete the payment by pressing the send button. To make it easier to enter the payee's address, many wallets can be accessed via qr code scanning or NFC technology.


Do you think it is convenient to use bitcoin?

Yes it is easier to use but bitcoin transactions are not instant so the buyer have to wait until the transaction get confirmed to buy things which is negativity of bitcoin for being used as a currency.But paying with doesn't need any information and bank details just the address is enough to pay them.

There is some process to make it faster just like when you use coins.ph app. If 2 user are using same coins.ph and transfer BTC to each other. There will be no transaction applied and the transfer is instant. I think is using some kind of self miner to process all the transaction happened on their own wallet address.

But don't expect all the users to use the same app for holding bitcoin and even coins.ph is an exchange not an wallet so storing our bitcoin is not safe but as you said it will be instant.But still fiat is the best for using as a currency.Then lets wait for the LN implementation on mainnet I hope it will make the transactions much faster almost like instant.

[mrtryonebiggums]

Not even close to being convenient yet. It will be convenient when I can go to my local convenience store and buy a bag of chips and pop with it. Before it gets to that point, it is a inconvenience any way you try to paint that picture.

[monalia]

Bitcoins are easier to pay than a debit or credit card, which can be accepted without a merchant account. In your wallet application on your computer or smartphone, enter the recipient's bitcoin address and payment amount, and you can complete the payment by pressing the send button. To make it easier to enter the payee's address, many wallets can be accessed via qr code scanning or NFC technology.


Do you think it is convenient to use bitcoin?

It is easy to access in anywhere but it is not comfortable to all shopping because the price is raise or down both are happening in the market. So we can use debit or credit cards are used in small shopping products and Bitcoin is used for other shoppings but most of the peoples are not understand the Bitcoin technology so it will hard to use in most of the countries.

[Ayush rana]

no, i don't think its easy to pay bitcoin as compared to debit or credit card because you can use you cards all over the world but you can't use bitcoin. even debit and credit cards are widely used in almost every store of the world but if we talk about bitcoin services of accepting bitcoins is rarely available in stores.

[bitcad4u]

Bitcoins are easier to pay than a debit or credit card, which can be accepted without a merchant account. In your wallet application on your computer or smartphone, enter the recipient's bitcoin address and payment amount, and you can complete the payment by pressing the send button. To make it easier to enter the payee's address, many wallets can be accessed via qr code scanning or NFC technology.


Do you think it is convenient to use bitcoin?

Up to now ,the transcation limit of bitcoin is 20-30 minutes.Before a month the transcation speed is nearly 30-45 minutes ,now it's reduced due to lighting effect.After this the transcation fee of bitcoin also reduced.It was one third of past transcation fee.By this it's easy to have a debit or credit card.We can implement this ,if the transcation speed is reduced to 10 minutes.

[shursight]

Paying with bitcoin is easy but one of the factor that affects stores and small businesses to use bitcoin as a payment option is the transaction time and fees.

Transactioon times and fees? Sorry, but it does not make any sense at all.

Fees at the moment = $1,20 for fast transaction with 40 sats per byte.

Tell me, where are the high fees? is $1,20 expensive?

[crairezx20]

Bitcoins are easier to pay than a debit or credit card, which can be accepted without a merchant account. In your wallet application on your computer or smartphone, enter the recipient's bitcoin address and payment amount, and you can complete the payment by pressing the send button. To make it easier to enter the payee's address, many wallets can be accessed via qr code scanning or NFC technology.


Do you think it is convenient to use bitcoin?

Yes it is easier to use but bitcoin transactions are not instant so the buyer have to wait until the transaction get confirmed to buy things which is negativity of bitcoin for being used as a currency.But paying with doesn't need any information and bank details just the address is enough to pay them.

There is some process to make it faster just like when you use coins.ph app. If 2 user are using same coins.ph and transfer BTC to each other. There will be no transaction applied and the transfer is instant. I think is using some kind of self miner to process all the transaction happened on their own wallet address.

But don't expect all the users to use the same app for holding bitcoin and even coins.ph is an exchange not an wallet so storing our bitcoin is not safe but as you said it will be instant.But still fiat is the best for using as a currency.Then lets wait for the LN implementation on mainnet I hope it will make the transactions much faster almost like instant.

Well if they implement the lightning network on mainnet we will expect that every transaction will be instant, but we still don't sure if it will give us instant transaction.
As of now, I heard they are still in beta testing, but I hope they release it too...
According to coins.ph it is just like the same as coinbase if you are using the same app, then you can receive your bitcoin in an instant or faster confirmation, but not all bitcoin users are using coinbase as their wallet because they are treating coinbase as not safe because you couldn't retrieve your own private key that you can use for recover once the coinbase is down or gone forever.
Let's hope that the lightning network would be the solution to speed up the slow transaction for receiving bitcoin.

[jak3]

Honestly yes I think there is nothing in the world more secure than blockchain network because blockchain Bitcoin uses the higher possible encryption right now which can only be cracked using a Quantum computer or if anyone had to break them then it will take 3 years to break 1 Block with a supercomputer.

[BitcoinCommodor]

Bitcoins are easier to pay than a debit or credit card, which can be accepted without a merchant account. In your wallet application on your computer or smartphone, enter the recipient's bitcoin address and payment amount, and you can complete the payment by pressing the send button. To make it easier to enter the payee's address, many wallets can be accessed via qr code scanning or NFC technology.


Do you think it is convenient to use bitcoin?

I think it's more practical to use bitcoin, because we can pay easily and do not need a long time. but bitcoin payments are hindered by regulations from each country that still have not granted permission for transactions with bitcoins.

Wrong! bitcoin transactions are longer than the fiat transactions even if we pay with the cards the cash will be credited to the mechant account instantly but in bitcoin there is an inbetween process called confirmations.Even if the government have any regulations to use bitcoin we still can use it we don't need to wait for anyone's permission to use bitcoins that is called decentralization.

So far, things are not as much good as we think of them to be when it comes to that of the crypto currencies as still there are so many issues like that of transaction process as well transaction fee which are creating lot of troubles for the ones who are there in the world of crypto currency and that all those who are there really want these issues to be addressed and that too as soon as possible.