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btcjocan
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October 31, 2018, 07:30:34 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.  Bitcoin is very usable for a faster transactions,those places that already have alot of bitcoin merchants might prefer to use bitcoin as a mode of payment,but the thing that bitcoin might set apart from other payment methods are the votality of cryptocurrencies.Anytime its value would rise or fall depending on the market situation.Its always a positive move when its value rise up and for other people theres a negative impact when bullish market will occur that might cause everyone to panic. |
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theminime
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October 31, 2018, 07:54:12 AM |
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i think because processing time is low plus it is easy to use and most of it because it is unregulated.
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samsul1234
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October 31, 2018, 02:19:52 PM |
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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. Payments in Bitcoin are currently very cheap, the transfer fees are also very cheap so Bitcoin is better than any payment |
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princesspoppy
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Merit: 10
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October 31, 2018, 03:32:22 PM |
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Great things bitcoin can offer in using it as a payment option is that, bitcoin is decentralized - it can be use by anyone, with no involved third parties; transactions are done privately and each transactions are recorded to blockchain which is very reliable for us; another thing is that it can be used in any country except those countries which are banning cryptos; easy to use and access as long as there is an internet connection and fees are cheaper than any other means of payment.
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VivianJacob
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October 31, 2018, 03:41:55 PM |
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Because the transaction between the two parties does not require any third party, there is no need for complicated documents or high costs for transatlantic transactions. Although your partner is halfway around the world, the intersection between the two ends in just 10 minutes, thanks to the deconcentration of the bitcoin.
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iphy6013
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October 31, 2018, 03:50:42 PM |
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Why wouldn't people adopt bitcoin mate? Bitcoin is the future.
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antoarwadi
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Activity: 170
Merit: 10
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October 31, 2018, 04:26:23 PM |
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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. It is very difficult to change the habits of people in conducting transactions, because most of them already feel comfortable using the payment method using Credit / Debit / PayPal Cards / etc, Bitcoin is a new technology in the banking world and takes a lot of time to socialize payment methods with Bitcoin. |
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gabmen
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October 31, 2018, 06:01:33 PM |
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Why wouldn't people adopt bitcoin mate? Bitcoin is the future.
Well do you think majority of the public thinks about it that way? I don't think so. Even investors are divided on whether btc is a good investment given it's nature and a lot tend to see it negatively. There's not yet much information about the use of btc nowadays. |
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messito
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Activity: 154
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October 31, 2018, 06:08:06 PM |
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I think that you don’t need to accept Bitcoin as a Waltha for payment because it is very slow, a huge transaction fee and is not practical in the form of a calculated currency. it is the currency for long-term storage
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[ M O B U ] The Investment Bank of the Future
The Security Token Protocol and Licensed Security Token Exchange
https://mobu.io/ |
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tiktak89
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Activity: 364
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October 31, 2018, 06:20:53 PM |
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Here we have already listed many advantages of bitcoin, and I agree with all this. It is much bigger and wider than the currency and it opens up completely different possibilities for us. In addition, now it is very profitable to use as an investment.
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Pyr3x
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October 31, 2018, 06:28:09 PM |
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I like the idea that cryptocurrency is decentralized, independent. As well as the fact that it is much more secure than the use of ordinary national money. Therefore, I am for the use of bitcoin in everyday life.
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Rana590
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October 31, 2018, 06:32:05 PM |
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Firstly bitcoin is a decentralized crypto currency. As a decentralized, we can transaction with bitcoin privately. Transaction with bitcoin is more faster and secure. Global also accepting it. Day by day more people are adopting with it. So I think in this technology based world, Payment through bitcoin is a smart option.
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Udrujec
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Activity: 308
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October 31, 2018, 06:41:04 PM |
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I like the idea of decentralization, which allows you to make any international payments much faster and cheaper than it can be done with the help of a cash transfer. It is very convenient and, importantly, safe.
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kleeck
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October 31, 2018, 06:47:23 PM |
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I am not sure people want that at last with this conditions. It can't process too many transactions and fees are high.
People want more adoption for gain more profit. But with this conditions bitcoin can only be an asset.
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Olalomi
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October 31, 2018, 06:55:47 PM |
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Personally I hate all the verification or KYC involved in those payment options to access to them requires some process which at times cumbersome and tedious to cap it all paypal has some restriction to some countries unlike bitcoin which has no restriction and usage is quite easier.
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syamster
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October 31, 2018, 07:32:17 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.
Surely having bitcoin is the best ideas, it gives money, safest way of earning money with money is investing your money to bitcoin, using blockchain will save our money to long time as no one will be able to hack our bitcoin, it will remain save and will grow bigger so try to invest more buy more price will change and surely you will earn with the help of blockchain as proper wallet. |
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enogheghase123
Copper Member
Jr. Member
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Activity: 164
Merit: 1
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October 31, 2018, 07:41:40 PM |
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well the unique thing about bitcoin as a method of payment is the volatility and its decentralized nature, this set bitcoin apart from other payment method, other payment methods may attract fee that bitcoin method doesn't charge. So bitcoin as a payment method is easy and accessible anytime anywhere.
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PeRo
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October 31, 2018, 08:13:59 PM |
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Well, some people would probably accept Bitcoin because they would take advantage of thw volatility and make a large profit of every purchase that customers make. The only other reason I could think of would be because they just want to support Bitcoin. Beside these 2 reasons, accepting Bitcoin wouldn't help merchants much because it would be pretty much the same to them if you want to pay in cash or Bitcoin.
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happy weblancer
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November 01, 2018, 08:27:59 PM |
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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. Each of the listed payment methods has its advantages and disadvantages. The main disadvantage of Bitcoin and cryptocurrency in general is the inability to restore a forgotten or lost address. As well as the difficulty of keeping it secret from relatives and roommates. |
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ranman09
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November 01, 2018, 09:34:42 PM |
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...The "No Charge Back" feature is a huge bonus for merchants, but it is also a huge bonus for scammers. <If you transfer bitcoins to a scammer, you have no way to get it back.>  I think this is one of the problems we will encounter with the usage of bitcoin. Though this is just about a small percent ratio to what bitcoin can help and do good, this still affects users thought of its usage. The only thing I can think of to avoid this problem is through escrowing, but I think escrows only accept large transactions. |
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