lida311993
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April 21, 2018, 09:59:22 PM |
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I am very attracted to the very concept of bitcoin, it can really be convenient for us, it will be just a great payment system. Humanity needs bitcoin.
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Pyr3x
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April 21, 2018, 10:01:55 PM |
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Of course, it will be a great payment system, but bitcoin will continue to develop, it will be an excellent alternative to the modern currency.
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ogtejiri
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April 21, 2018, 10:05:48 PM |
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Apart from cross-borders transactions, i don't think Bitcoin can be said to be a better payment system for now because it is yet to gain the trust of most people and organizations. And to the best of m knowledge, there are more governments than none who has not legalized Bitcoin in their countries.
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Nedrek
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April 21, 2018, 10:18:53 PM |
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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).
The problem of bitcoin as a means of payment is not only in scaling and transaction costs. The problem is also drowned out in the fact that it is not trusted by ordinary people. So far, few shops and consonant campaigns sell their goods and services for bitcoins. But I'm sure that the time will come and bitcoin will replace dollars. |
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Btcepoy11
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Activity: 162
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April 21, 2018, 10:26:10 PM |
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For me bitcoin is better payment system, it is easy to access, easy to use. But it needs development, and need to advertise more. Having or make some siminar, to educate more people and deeply understand what really bitcoin it is.
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terlesbogli
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Activity: 155
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April 21, 2018, 10:29:50 PM |
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Bitcoin payment system i think less hassle than real money transactions. But banks not accepts this type of transactions here in my country there's many news about bitcoin that people should be careful in buying bitcoins because many citizens in my country are often scam. But i don't think that there will a problem in btc transactions. For me it's a good idea.
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Heartseed
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April 21, 2018, 10:30:33 PM |
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I think bitcoin is a better payment system than real money. It is much better, easier and reliable than the real money. It is also efficient since you only need to remember your password in order to have your money. Just always make sure that you are not accessing website that you could get phished and get your money stolen. So make sure your account is safe. That is the pnlycthing you need to do.
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Yamifoud
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April 21, 2018, 10:33:11 PM |
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It can't be consider right now since only few establishment are accepting it and numbers of users are still few also. A lot of people consider this only as an investment only but not as a currency just like fiat. It looks like, people are now focusing on investing crypto but not the way they used it as for payments purposes.
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neoandtrinity
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Activity: 172
Merit: 10
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April 21, 2018, 10:52:23 PM |
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I think BTC more important than a payment system, it's like gold, you don't need to use it to make payments.
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JL421
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April 21, 2018, 11:02:02 PM |
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Nah it wasn't really created to be a payment system so there is no chance on earth it will be able to fulfil or replace the current payment system , the fees has been reduced and the speed is also increased drastically but it is not adopted widely which is one reason you can't consider it as a payment system
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nightfury
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April 21, 2018, 11:06:20 PM |
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Yes of course and that's the main purpose of its creator (Satoshi Nakamoto) before he/they launched bitcoin 10 years ago. Those entities who are using bitcoin as mode of their payment system said that their transaction is way better faster and cheaper than that of traditional one.
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Tszone
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April 21, 2018, 11:09:05 PM |
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yes bitcoin is a better payment system as payment with bitcoin makes transactions a lot faster and safer. it is preferable to payment with fiat currency.
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aryaadikariyansyahsuwarto
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This Is Promissing Project
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April 21, 2018, 11:15:24 PM |
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that's right, my answer is no, because bitcoin is still not systematic, and there are still many fundamental error errors in the transfer process, and it's also a bit complicated if we make payments via bitcoin, especially if the country is bitcoin banned, it will be more complicated the process. therefore better find another way out, or through cash payment will be more secure. for that more thought again the best payment to be done, so as not to harm each other.
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atetess
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Activity: 305
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April 21, 2018, 11:19:10 PM |
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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).
Yes, i guess it is more effective payment system because it can access anytime thru phone as long as you have the internet connection with you. It is also more convenient payment system than with our current system wherein we need to go in different establishments to pay our bills. |
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Pier7
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April 21, 2018, 11:30:43 PM |
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Yes of course, bitcoin is a better payment system. This is also the primary reason why bitcoin was created, so that we can send funds directly to anyone anywhere in the world without the delay and hassle free.
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The Monkey King
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April 21, 2018, 11:33:50 PM |
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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).
I agree. Bitcoin would be yje best payment system if applied. In the future, fastest transaction wohld be implemented and bitcoin will play a part of it. Transactions would be cardless and all you need to do is to keep your bitcoins and your phone with bitcoin in order for you to send and receive money without barriers. I can't want to know that this systen is starting to implement nowadays. |
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Roman Coinson
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April 21, 2018, 11:40:36 PM |
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I think, that the ether is much more comfortable, as payment system, because of its speed
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Ishiro5
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April 21, 2018, 11:55:54 PM |
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Certainly not at the current stage, we still need some improvement to the technology and perhaps a robust kind of self regulatory mechanism, then it will not only be a better payment system, but the most preferred. The recent lightning network integration is a step in the right direction, drastically reducing transaction fees and effectively speeding up transactions, segwit was also a good move. We would need to see more of this for us to get there.
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yerger
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April 22, 2018, 12:33:19 AM |
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Nope, It's bad idea. The price are not stable, How we can make Bitcoin as payment system? although it is applied, I will not use it. It's just like using gold as a payment system. And when you spend your Bitcoin you will regret it when you know the price goes up.
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dillpicklechips
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April 22, 2018, 12:57:10 AM |
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I don't think bitcoin is a better payment system but I do believe that if bitcoin is fully developed I think will considered it as a better. As you can see now bitcoin was not yet fully developed but it brings a lot of advantages what if it reached its true potential? bitcoin transaction is easy to use and faster it has no limitation and borderless. It is good especially when it comew to online and international transactions.
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