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Author Topic: Is bitcoin a better payment system?  (Read 1975 times)
Kriptomen_51
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April 22, 2018, 05:27:56 PM
 #281

At the moment, there are a lot of such systems. You can choose another convenient one. At the
same time, it is worth noting that all payment systems need to be simplified and improved. Since
not all users can immediately understand its work.
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The network tries to produce one block per 10 minutes. It does this by automatically adjusting how difficult it is to produce blocks.
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maot4
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April 22, 2018, 05:29:20 PM
 #282

IMO bitcoin is becoming more of a store of value there are many alternatives for payment like DASH / Litecoin which are cheaper from a transaction fee perspective, but BTC is still the most widely adopted
christabits
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April 22, 2018, 05:38:21 PM
 #283

I have the confidence mind to say YES that bitcoin is a better payment because since bitcoins was introduced to the world, it has turned into a billion dollar market and have bee n designated a currency, it has been recognized as a means of better payment currency.
TamTrang
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April 22, 2018, 05:53:37 PM
 #284

Bitcion is not the best paid system yet. At this time not the majority of people trust most of it, the number of transactions is low. But in the future, Bitcoin will be more popular and will be a better payment system now.
Janna_MaMa
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April 22, 2018, 06:06:16 PM
 #285

I think BTC don't better ViSa or Master Card
BTC too slow and high fee
I like XLM for payment,it very quickly and low fee
I think XLM can change our payment system
It's a decentralize coin !
Markmolotok1488
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April 22, 2018, 06:10:09 PM
 #286

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).
Better in cash? Yes! Bitcoin got a better payment than cash. No hassle and long wait or queue to pay bills. Bitcoin is easy to use. I'm not talking the current situation but soon in the near future maybe they develop an offline wallet than can be a way of payment. It is more applicable in long distance transaction.

I agree, even now bitcoin is much more convenient than many payment systems, especially in transfers between countries. Also with the introduction of lightning, bitcoin will be a payment instrument number 1.
Valer4ik
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April 22, 2018, 06:12:31 PM
 #287

It's honest, it's simple, it's incorruptible and it's fair. Blochane-technology is one of the most advanced technologies that has occurred in world history.
Karakyli
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April 22, 2018, 06:16:56 PM
 #288

Bitcoin payment system is self-sufficient, it allows to make payments and converting on an equal basis with bank accounts. Owners Bitcoin wallets every day more and more. But if payments and the storage of currency can be carried out without outside assistance, then for the exchange to another currency or for withdrawal use the services of specialized services.
Marry Finch
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April 22, 2018, 06:23:38 PM
 #289

At the moment, the most convenient way to buy a crypto currency is using a bank card. Yes, the account can also be used, but it can take several days to work with it until the funds are credited to the user's account on one of the crypto-exchanges. The sense of conducting fast operations, designed to buy / sell crypto currency, is simply lost. Therefore, most users continue to work with plastic cards, not bills.
boris singer
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April 22, 2018, 06:33:20 PM
 #290

to cut all transaction fee paths from one place to another, bitcoin becomes the most promising transaction, but because there are still problems in the imperfect blocksize it will lead to a lot of chaos in which if the volume explodes drastically, then all will gather in mempool and make swelling on transaction fees. I think bitcoin has not reached peak performance and still needs to be constantly focused in continuous improvement.
Rakesh_alejandro
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April 22, 2018, 06:36:45 PM
 #291

I strongly agree about the better payment system. Bitcoin got a fast transaction when it comes in paying bills and also sending. bitcoin is a good investment and also decentralized.

I think it's one of the best currencies and it stores value because it's an anonymous, decentralized, and therefore does not require any KYC at all.
Obviously one of the worst payment systems
Sir mikolo
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April 22, 2018, 07:31:25 PM
 #292

There are many benefits to using Bitcoin as a payment system. This article will discuss the advantages for buyers and merchants to using Bitcoin as a payment system, and it will also discuss escrow services, the future of Bitcoin in commerce , potential drawbacks, and a summary on the benefits.
Mike1992
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April 22, 2018, 07:34:15 PM
 #293

Bitcoin offers many advantages over traditional banks. It allows sending payments internationally without concern for currency conversion, it allows transaction confirmation within 10 minutes typically, and transactions cannot be reversed once made. This side can be seen as a positive or negative.
Mrs Juli
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April 22, 2018, 07:38:10 PM
 #294

There are many benefits accepting
Bitcoin as payment if you are a merchant. First is that the processing fees are paid by the sender, and the merchant pays nothing to receive funds. These fees are considerably lower than traditional payment networks.
thevlox
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April 23, 2018, 10:00:37 AM
 #295

I think this is a good payment system. This system is very happy at this system a lot. All those who work on the deliberation use their Segwit wallets to reduce the risk of hacking. And this wallet comes to everyone's coin.All ready Bitcoin is the best payment system. 
luisdvmd25
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April 23, 2018, 03:24:34 PM
 #296

It depends.  To date it may not be a better payment system but once government policies step in and guidelines are framed it can surely become a better payment system.
Sean25pogi
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April 23, 2018, 05:09:07 PM
 #297

For me and based on what I experienced,  yes the company of bitcoin is a better way interms of payment  process sysltem, 
because it makes the whole process more convenient and time saver. Through this there will be no hassle and time consuming in all transaction.
tambok
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April 23, 2018, 05:20:38 PM
 #298

For me and based on what I experienced,  yes the company of bitcoin is a better way interms of payment  process sysltem, 
because it makes the whole process more convenient and time saver. Through this there will be no hassle and time consuming in all transaction.
One of the things that bitcoin purpose is to make a better payment system which in fact a big help for all of us that is why a lot of companies are adapting it and using it as a way to transact payments, but, due to the demand is increasing people sees this as an opportunity to gain more by holding it.
PINIK
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April 23, 2018, 05:38:59 PM
 #299

Yes,Bitcoin is a better payment system. Bitcoin is a digital currency. Bitcoin can be used in all over the world. Bitcoin is so easy and helpful. Bitcoin is more safe from money.
Tanjima
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April 23, 2018, 05:52:05 PM
 #300

Yes. Bitcoin is better payments systems. U can transfers ur currency (Bitcoin) any were from your drowning room🙂🙂. It's save. It's best currency in the world. It save our time. Soo Bitcoin is better payment system to others...
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