OSEIBOATENG
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October 30, 2018, 03:51:29 PM |
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Due to the blockchains' features such as security, fast and safeness which Bitcoin is based on it, people are trying to link their services to it. And I think its one the best idea.
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Al-e_x
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October 30, 2018, 03:57:05 PM |
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Decentralized is a feature that is not owned by other transaction tools, and decentralized transaction tools that make bitcoin safer.
Very fast volatility is also a feature that can attract many people. so I think this feature makes bitcoin different from other currencies.
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October 30, 2018, 03:59:12 PM |
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Looking at all the payment methods such as paypal and credit cards, the blockchain based cryptocurrrency which is BTC has proven beyond doubt to be the best concerning how transactions are made and also low charges and security matters.
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pawanjain
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October 30, 2018, 04:41:01 PM |
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Everything has a positive and negative side. All the payment methods would definitely have some pros and cons. Bitcoin has a few negative things but quite a lot positive things. The major one is being a decentralized currency with full transparency. If you search online you will get so many reasons why bitcoin is still better than fiat currencies. Having a payment option from such a currency would be the best deal won't it ?
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javadsalehi
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October 30, 2018, 08:58:37 PM |
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Every technology needs to be improved over the time. That's why several payment systems have been created. Each of these payment systems has created to solve a problem. Bitcoin has solved one of the biggest problema. That is the control that governments can have over people's money. Decentralization is a great feature bitcoin has. It makes it completely different from any other payment system.
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pavka
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October 30, 2018, 09:05:15 PM |
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For me, the most important thing is that Bitcoin is not just a payment for goods or services, it is already a good investment of money, which is likely to make a profit. For example, having received a fiat, you decide what to do with this money further, where to invest. Having received Bitcoin, you can convert it to Fiat or leave it as a certain asset.
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udidrone
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October 30, 2018, 09:45:00 PM |
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My reason why i want bitcoin as payment is, to buy something out of my country with simple way. Because bitcoin transaction can do from country to country and we don't need to do anything like what fiat does. Even Paypal very strict when used as payment.
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1Referee
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October 30, 2018, 09:53:07 PM |
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I think that two things make bitcoin not very user-friendly for the average Joe,who is completely new to the crypto world. 1.All those 0.001btc type of transactions and payments are confusing for people that use $5,$12 or $250 payments. 2.The 34-characters bitcoin addresses can be confusing as well.It's way simpler to just use your Paypal email. Anyway,we can't change this.
A lot people (and it only increases further towards mobile payments) pay with their mobile phones nowadays, so the only thing for them to do is to scan the QR code that's presented to them and to either approve or reject the transaction. What's so difficult about it? Most of the things people think are an obstacle can be worked out by upgrading software solutions and mobile clients. The main obstacle is that people aren't keen on replacing the coins they spend, which is understandable as well, because money is meant to be convenient and not require additional steps. Bitcoin's upwards potential gets people hooked to their coins more so than anything else.
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BitHodler
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October 30, 2018, 11:11:07 PM |
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Bitcoin is a great alternative payment solution online, but nothing more than that. It honestly doesn't make much sense to use crypto for payments locally where we are today.
If you have to pay attention to network congestion, worry about fees, worry about the exchange rates, it's already not viable in local situations. What if on the way to your supermarket the price tanks 10%?
You either have to add more coins to conduct the same purchase, or you have to use fiat, which is the more likely outcome. It's definitely too early on to consider crypto a serious fiat competitor.
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BSV is not the real Bcash. Bcash is the real Bcash.
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jcarlo
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October 31, 2018, 12:34:39 AM |
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Bitcoin is not just a currency, bitcoin is a store of value too. Peoples must be prefer keep their money in bitcoin because its more profitable and if that can used for payment, its a flexibility of it. Bitcoin is more flexible than gold because could carry anywhere and its much secure
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lablab03
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October 31, 2018, 03:51:49 AM |
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Base on your question above. For me in my own opinion it's because bitcoin is so easy to use and very useful especially buying items through online , and because bitcoin nowadays can be used as well to pay bills, such electricity, load and etc . Wherein no need to go outside and travel just to pay those things. That's why some people now want to adopt bitcoin as a payment method.
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Zrs
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October 31, 2018, 04:09:36 AM |
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The first and foremost reason is bitcoin is decentralized and it has less cost compare to other payment method.One important reason is it is peer to peer and global network means you can send any time anywhere in this world.
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Twentyonepaylots
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October 31, 2018, 04:14:39 AM |
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Peoples are ready to adopt new technology so all the peoples are accepting the Bitcoin. But reality it is not a centralised platform so government should not accepting the legalisation. May be all the government are expecting some regulation in Bitcoin then it it will accepting in entire world.
People with Bitcoin or investors would really wanted an easy access to any transaction, since the entry of Crypto Currency Digital Transaction in the market with the million now an active or actively transacting business using Bitcoin as form of payment had open the Government eyes on the new form of Digital Crypto Currency in the market, those calling the financial expert on the issue on How to Regulate Bitcoin, the European country open the door for crypto market, i am optimistic that once the issue on Regulation was address it would be more favorable and easy to the Bitcoin holder to transact business globally. Bitcoin is now being considered as Digital Currency in the market.
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Chicksteen
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October 31, 2018, 04:22:26 AM |
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Looking at all the payment methods such as paypal and credit cards, the blockchain based cryptocurrrency which is BTC has proven beyond doubt to be the best concerning how transactions are made and also low charges and security matters.
People want to adopt it because they can transfer it without any hassle and very convenient which do not need third party to do it for them. It is secure transaction between two persons. No one do not want to have easier way of payment which have lower fee to can do anytime where ever you are.
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JordanLinda
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October 31, 2018, 04:36:23 AM |
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People use bitcoin as a payment method because it is transparent, fast and can be used everywhere. The increasing use of bitcoin will eventually make it a global currency in the future.
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nuraziaaziz
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October 31, 2018, 05:43:01 AM |
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We live in a world where we are bombarded with choices and the same goes for payment methods. We currently have a veriety of different payment methods, like : Credit Cards / Debit Cards / PayPal / Payment processors / Charge cards / Prepaid cards / Phone and mobile payments / Money orders / Online Banking ePayments (OBeP) / Cheque and Crypto currencies. looking at the wide selection of options on the table, would you be able to motivate people to adopt Bitcoin, over any of the other options? What sets Bitcoin apart from these other options and how would you differentiate between these payment methods and Bitcoin? What makes Bitcoin better? Let's discuss. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) People still use these payment methods as a habit. It has the advantage of being easy to use, with more people using the same payment and transaction will be easier. Bitcoin is better because it is a great value currency, in addition its trading methods have the necessary advantages compared to the remaining trading methods such as tax, decentralization, anonymity. I agree with your statements because we loves to be given a lot options for payment to choose from instead of given just 1 option. As why Bitcoin should be adopted because it enable the owner itself to have ownership of their own wealth without having third parties involved.
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arkh4la0r4
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October 31, 2018, 05:46:27 AM |
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bitcoin is very good for adoption, and the way to deal is quite easy
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resty
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October 31, 2018, 07:10:46 AM |
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We live in a world where we are bombarded with choices and the same goes for payment methods. We currently have a veriety of different payment methods, like : Credit Cards / Debit Cards / PayPal / Payment processors / Charge cards / Prepaid cards / Phone and mobile payments / Money orders / Online Banking ePayments (OBeP) / Cheque and Crypto currencies. looking at the wide selection of options on the table, would you be able to motivate people to adopt Bitcoin, over any of the other options? What sets Bitcoin apart from these other options and how would you differentiate between these payment methods and Bitcoin? What makes Bitcoin better? Let's discuss. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) people want to be the bitcoin become payment method because this a fastest way of transaction and no third party involve. but i think if this is a primary use for at all time I think it will create like a debit card for quick swipe during they will make purchase or traveling anywhere and also in restaurant and hotel. that's also the thing that bitcoin make a convenient service to every people.
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cathalary153
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October 31, 2018, 07:22:13 AM |
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The first thing to say is that because of the decentralization, there is no third party interfering in the bitcoin deal, that is, we can bypass the paperwork from the middleman, and we will save cost, time that transaction time is much faster
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Nnedaddy1
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October 31, 2018, 07:25:48 AM |
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I have come to the understanding that most people would go for any model of payment that would make life easy . Bitcoin as a payment model is very easy, flexible,more transparent, convenient etc. So why wouldn't anyone want to adopt it as a means of payment.
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