Is bitcoin a better payment system?

[Jamesbob16]

Not yet but Bitcoin has a chance to be the most useful Payment system. For now, No. Bitcoin needs to improve many things, Bitcoin is the best digital currency no doubt, but you can't make a payment in global platforms like Amazon, Ali express, and others. Every crypto holders see a dream that one day we will pay to Amazon or other e-commerce sites by Bitcoin, but that dream is just dream for now. though I hope for the best

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[vergel24official]

Ok, but what if that restaurant gets to the point of making most of its income in Bitcoin? He still needs to pay everyone and replenish the restaurant's provisions. Will his employees/providers accept Bitcoin?

[gesdan]

for digital payment that i used bitcoin is not the best in payment system, why? because the other platform using NFC as their ID to send the money and receive it, in bitcoin there are still using QR code that in the QR there are address of the receiver, so the method to send in bitcoin still not better than the other platform

[CarylnBoy]

Bitcoin is the best digital currency that you have no doubt, as it has proven its worth at the moment, There is bitcoin as the better payment system, it is advantageous to use, and Bitcoin has the potential to become the most useful billing system, although bitcoin is currently having difficulty in the transaction process, I hope in the future bitcoin will have faster transaction speed.

[Cuman86]

if in my opinion probably not because there are still many obstacles, one of them not all countries receive payment transakai transactions using virtual currency one bitcoin this.

[koralan]

Well this is absolutely correct, they are created for the purpose of payment service. Bitcoin is fast and cost-effective, reducing dependence on third parties. We can take the initiative to forward it at any time.

[narkiss]

The answer is that it often is not, at least for most people, most of the time. Eventually it will be the best payment system, but it needs to develop further, gain more adoption, and get over the scaling obstacles. Even so, Bitcoin is already the best payment system for certain use-cases, such as sending money across borders, or receiving money from someone you don't trust (which helps further in cross-border transactions).

Bitcoin has got a number of advantages over conceptional systems like cash. For instance, it is easy to carry huge amount in form of bitcoins and no bank is involved.

[bolbau]

bitcoin is a better payment system? it all depends on what payment system you compare, if you say bitcoin better than real money, in my opinion this time still not. bitcoin still needs to be developed, the price is very unstable and the possible use of criminal activity and transparency that is not yet clear. in my opinion, than bitcoin trying to compete with and defeat the original money that the facts have been used hundreds or even thousands of years. I would agree if they collaborate for a better future.

[Theo222]

bitcoin will be good payment system why ? its simply because this coin is very secured and it has a fast transaction system. if market use this they will lessen the time consume every transaction will be made. they can pay exact ammount and no need to give a change.

[Sab11]

Yes bitcoin is a better payment system, not just an investment and funds storage, bitcoin is naturally created for the purpose of fast payment system Before, but now the transaction of bitcoin is very slow, hope that bitcoin transaction make fast and stonger soon.

[reda]

Yes bitcoin is a better payment system, not just an investment and funds storage, bitcoin is naturally created for the purpose of fast payment system Before, but now the transaction of bitcoin is very slow, hope that bitcoin transaction make fast and stonger soon.

Bitcoin is online digital currency. So it any where to use. It change the all process and save the time. Bitcoin is time to acct.  Bitcoin good opportunity for the future saving.  But before use the bitcoin you know the bitcoin process and information for the future saving. Most of the people learn more information from bitcoin. So time to complete the process. If complete the process you get more profit.

[franciscoDC]

Yes because its using blockchain and its good at all,and also its has a fast transaction and if many companies or branches used it as a payment system they will be have lessen time for paying because it has a bosstful transaction.

[Koobtcgal]

The answer is that it often is not, at least for most people, most of the time. Eventually it will be the best payment system, but it needs to develop further, gain more adoption, and get over the scaling obstacles. Even so, Bitcoin is already the best payment system for certain use-cases, such as sending money across borders, or receiving money from someone you don't trust (which helps further in cross-border transactions).

Bitcoin is one of the most secure and safest payment system i have ever come come across. Moreover, it allows a wide range of payment and no restriction to people no matter their origin unlike other payment methods.

[djselery]

The usability of Bitcoin as a payment system or a currency is still limited right now, because it is not yet really supported by the most popular marketplaces online, and not yet supported by most governments offline.
It is nowadays considered more as an valuable asset because its price is predicted to go up highly in the few next years.

[rafiADN]

in my opinion, bitcoin cannot be a very good payment system, with not so good speed, losing to PayPal and fairly large transaction fee, bitcoin cannot be a good payment system. If everyone says a good ETH I strongly agree.

[Moneypham5]

Bitcoin can not be a payment system. One of the reasons for the transaction fee is that the larger the transaction size, the more energy and time it takes for Bitcoin miners to verify the data. Bitcoin transaction fees are not as strict as in the regular banking industry, but if you do not charge accordingly, your deal will not be handled by the miners. " Bitcoin slows down considerably. Bank of America estimates that if there are 300,000 transactions per day, the average waiting time for each transaction is 10 minutes. Compared to Visa, it has the ability to handle 2,000 transactions per second and a maximum of 56,000 transactions per second. Bitcoin is slow.

[anisuzzaman99apu]

   its depend on purpose ... because its cant be refund able and its take time but its have advantages...

[kalstarzz]

currently bitcoin is the best payment system with ease in providing, it's just that there are negative things that happen with this amenity, and this negative must be removed for the progress of bitcoin.

[mustafizur8400]

Obviously better and secured payment system. It's a revolutionary way to pay online anywhere over the world.

[SaiWAFU]

The answer is that it often is not, at least for most people, most of the time. Eventually it will be the best payment system, but it needs to develop further, gain more adoption, and get over the scaling obstacles. Even so, Bitcoin is already the best payment system for certain use-cases, such as sending money across borders, or receiving money from someone you don't trust (which helps further in cross-border transactions).

With fiat money? no.

Considering the transaction fees, purchasing would cost a little more than the actual price. But you're right about it to be adopted by several companies to further broaden it's potential.

For many computer literate people the use of bitcoin for transaction is really convenient and easy but majority aren't capable of comprehending how bitcoin works.