Is bitcoin a better payment system?

[MDEVIL]

Yes,Bitcoin is a better payment system. It's so easy,safe and helpful. It can be use anywhere at anytime. Bitcoin is more fast from money .

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[Mikasa77]

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).

It is true that bitcoin need to improve more to help users use bitcoin as the payment system, yes there are many people use bitcoin but their knowledge about bitcoin is not enough, it can help and can be a payment system but there is still process that need to do before we use bitcoin as the payment system.

[sandos]

bitcoin dont have new technology just like other altcoin but many people accept bitcoin. that make bitcoin become a good payment system for many services. but fee too high. If bitcoin can resolve that problem that will be awesome

[velive08]

bitcoin can be used as a good payment system because now bitcoin will still continue to be one of the money contenders for terms of payment. now there are countries that accept payment system with bitcoin but still limited to several places. and this makes bitcoin a new breakthrough for the advancement of payment technology.

[dubinsky]

Bitcoin has great potential if used as an alternative payment system, especially online payments. Bitcoin is better as an alternative payment system online because it will be more efficient, practical and easy.

[sakokinak]

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 closer than any other coin to become a common mean of payment. Not all coins just like Bitcoin hoping to be the next currency. Often startup companies will sell a coin to try and raise money as an alternative issuing stock.

[Max_Trading_Power]

Hello! Im new here but im really interesting in bitcoin. I heard and i know that this is the fastes way for payments but im courious to know more details.

[kissme09]

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 isn't the best-paid system, because it has so many downsides, and I don't think Bitcoin system will upgrade because its development team is still a question mark. To use Altcoin as a payment system, I think we should use usdt as it has high stability.

[Df9898]

Yes of course the bitcoin it means of payment is the best because its system is very nice and supportive of the economy in the world.

[xupal]

yeah it can't be say that bitcoin is the better payment system but it can be have that.

[Salesman4coinZ]

Of course bitcoin and any other cryptocurrency is a better payment system. The reason is simple. Its a automatic computer algorhytm which totally works without any action of humans. So a computer is more trustfull then a bank which are leaded by humans. Humans are greedy, and they try everything to get your money. SO there happend a lot in the past that banks are lock the accounts of their customers. Withcryptocurrencies this can not happen, because you have all the time 100% access to your money.

[NVCPRO]

As I think bitcoin is not a good paying system, speedy growth is also a double-edged sword with Bitcoin, as people hardly want to use their Bitcoin to pay, because of time. To confirm the single transaction is usually from 10 minutes to more than an hour.

[20_JeRRy_20]

Best and fast payment system now etherium. Bitcoin is one of the worst payment systems, it has a low speed of transaction processing

[ClackKendi]

The current bitcoin payment system is relatively good and safe for the consumer, although there are some limitations, but still good and the future I believe the inventors will offer a more modern system.

[Eleanorjean11]

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).

[Fairy_90]

Their first concern was Bitcoin transactions, exactly the fees required by the digger to confirm a Blockchain transaction.
In the first quarter of 2017, the fee was $ 2.40 per transaction - a significant increase from $ 0.024 in the fourth quarter of 2016. Analysts "One of the reasons for the fee is the size The larger the transaction data, the more time consuming the excavator will be. "" The fee is not as effective as the regular bank fee, but if you do not charge a fee Properly, there is a serious risk that diggers will not handle the transaction. "The economic problem of mining is complex and necessary, but it is contributing to the slowdown of Bitcoin as a bar system. math.

[The Alchemlst]

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 former bitcoin is but sadly bitcoin now is not very advisable as a mode of payment since it has very high transaction fees. But as per how it is created and its system it is a very good way to pay your transactions online and much more accessible than credit cards and other payment options.

[wilsonwilly1]

Bitcoin is not a much better payment system at the moment because it has not started to be used by everybody but it is not enough in a few stores or shops but after a few years it can be called the best payment system so we invest more in investors and do not break the morals I advise them to invest a lot because I think that they will eat their fruits in the future.

[bololord]

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).

In  the last year of working with the bitcoin. Bitcoin is a good payment system in every transaction you wamt to do. It is easier and fast and no trouble happenned. The best for me it also used for my savings. It is much safer and no hastle thing happen .

[PilosopongTacio]

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 agree. There are changes needed for bitcoin to be the best cryptocurrency in terms of payment. Like for example,the high transaction fees they charge from it unlike etherium and there are sometimes situations of slow transaction process cause by mining. If they would only fix these problems, then transactions becomes more easy..Other than that i believe bitcoin is still the best payment system and other coins depend only on it.