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Author Topic: Will cryptocurrencies be able to use for payment?  (Read 17357 times)
kamilah147
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February 09, 2019, 05:04:12 PM
 #181

Of course cryptocurrency can be used as payment. Because the main function of cryptocurrency is as a means of payment. Cryptocurrency is even better than fiat currency, cryptocurrency is more efficient, instant payment, and transparent. And for me the best coin is Ethereum.
payment instruments that use technological advancements and the development of practical and efficient times, of course, for countries that have legalized crypto currency as the official currency, but in my country the government still prohibits directly transactions using crypto currency directly

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February 09, 2019, 05:12:59 PM
 #182

Of course cryptocurrency is a new fast and convenient payments) I already send funds abroad and pay for services for cryptocurrency
On the Internet of course it is convenient to pay with cryptocurrency, but to go to the store and buy bread it is not very convenient for example to pay with bitcoin but in the future I think there will be technologies for this !

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February 09, 2019, 05:30:32 PM
 #183

I don't know why you asked this question. Cryptocurrencies is not for trading only, its mostly used as payment for services or products. I myself pay all my bills from my earnings from crypto. I send it from my blockchain wallet. No more long queues and long hours of waiting. Paying bills in instant. Thanks to blockchain technology.
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February 09, 2019, 06:27:58 PM
 #184

What would cryptocurrency used to pay you need to enter a huge variety of services. I think cryptocurrency needs a large-scale marketing company. So big investors can think about it.
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February 09, 2019, 06:45:23 PM
 #185

Yes absolutely , in my opinion. And it is already in use  in many place as a payment method. And the rate rate of accepting crypto is increasing day by day. If general people from all over the world start picking crypto as payment method it will be bigger. And it will happen for sure in future maybe it will take time  for full implementation . And I think Bitcoin is fine as a payment at this moment at it will be more accurate after launching lightning network fully. And theirs many other option like litecoin BCH and many more.  And they all are good.

 
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February 09, 2019, 06:54:20 PM
 #186

What would cryptocurrency used to pay you need to enter a huge variety of services. I think cryptocurrency needs a large-scale marketing company. So big investors can think about it.
Some projecks already exist and are running to become digital payment assets and blockchain technology is already available like a credit card. but indeed in terms of users there are still very few
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February 09, 2019, 07:10:28 PM
 #187

I know that it's now more profitable to pay for online purchases using cryptocurrency than with fiat. Since many sellers offer you an additional discount if you pay for cryptocurrency. And also around the world there are a large number of shops, cafes and restaurants where they accept cryptocurrency.
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February 09, 2019, 07:38:16 PM
 #188

The question is adoption, because I use crypto for payment for digital goods and as for rest of people, they aren't aware of this feature.
moreover there is a small number of shops accepting crypto

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February 09, 2019, 07:55:12 PM
 #189

In this blockchain if we get this benefits, people will trust more in cryptocurrency. Payment process needs more fast, Bitcoin like old man and take time.
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February 09, 2019, 07:55:34 PM
 #190

So why not? As far as I know, cryptocurrencies have already begun to be accepted as a means of payment for certain services, the problem is simply that it is not a special system that will provide transactions, that is, it is Blockchain technology, but unfortunately at the moment it is not adapted to modern financial systems, but in the near future I hope this will happen and we will be able to pay everything for cryptocurrency.

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February 09, 2019, 08:00:13 PM
 #191

I think that cryptocurrencies will be used for everyday life in a few years. They will be easy to pay in many stores and it will also be possible to withdraw money from cryptocurrency cards.

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February 09, 2019, 08:02:54 PM
 #192

Lots of blockchain team have developed blockchain and cryptocurrency for payment.

Will cryptocurrencies be able to use for payment?

Will it be useful and convenience?

Which coin do you think the best for payment in the near future?

You have to keep yourself updated. Bitcoin and other cryptocurrency are already used in many countries as an acceptable means of payment. Although it has not been fully adopted by some financial sectors, we hope that in the future more and more will adopt it.

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February 09, 2019, 08:46:26 PM
 #193

Cryptocurrency has a large number of advantages over the current banking systems. But the drawbacks have not been canceled. But if we objectively weigh all the pros and cons, then the cryptocurrency is worthy of use in everyday life.
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February 09, 2019, 10:09:54 PM
 #194

Cryptos are already been used for payments so there is no need to worry about this. The only thing we need now is a faster network to make payment in just a few clicks done. As of now, the most trusted coin, bitcoin takes more than 5 minutes to confirm(that's if the sender uses average miner's fee) which is not the best. Other coins that have better transaction time compared to bitcoin are not accepted in most payment system. I am hopeful that payment in crypto will be easier than this time in the near future.

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February 09, 2019, 10:14:47 PM
 #195

Currently, many people are using cryptocurrency as a currency in payments and transactions. But this is limited by many countries banning exchange activities related to Cryptocurrency. Especially with cross-border transactions, and this is a great option.

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February 09, 2019, 10:23:04 PM
 #196

Yes and this is actually in progress as some marketplaces all around the world have enabled the acceptance of cryptocurrencies such as bitcoin, ethereum,dash etc. as mode of payment for transactions conducted. It may take sometime before we see a global adoption of cryptocurrencies as a mode of payment.

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February 09, 2019, 11:37:10 PM
 #197

This can happen in a few years, as the cryptocurrency gradually enters the life of many people and more people begin to learn about it and take interest in it, so only popularization is required for its implementation in everyday life.

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February 10, 2019, 04:41:16 AM
 #198

Of course cryptocurrency can be used as payment. Because the main function of cryptocurrency is as a means of payment. Cryptocurrency is even better than fiat currency, cryptocurrency is more efficient, instant payment, and transparent. And for me the best coin is Ethereum.
payment instruments that use technological advancements and the development of practical and efficient times, of course, for countries that have legalized crypto currency as the official currency, but in my country the government still prohibits directly transactions using crypto currency directly
some governments that understand blockchain technology and provide support for blockchain and bitcoin are still very few, there are still governments from several countries that do not provide support and not even provide legality for the use of bitcoin. it would be very complicated if applying payment using cryptocurrency if the government did not give permission to use cryptocurrency as a legitimate payment.
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February 10, 2019, 08:16:29 AM
 #199

Lots of blockchain team have developed blockchain and cryptocurrency for payment.

Will cryptocurrencies be able to use for payment?

Will it be useful and convenience?

Which coin do you think the best for payment in the near future?
They can and are used only in very limited quantities and so far it is not completely legal. But the main coin will be either Bitcoin or ether, it all depends on the views and preferences.

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February 10, 2019, 02:10:52 PM
 #200

Many countries already use cryptography for payment and purchase, services and housing, cars, I think that soon it will be possible, the crypto industry is only gaining momentum, so sooner or later it will be everywhere. I very much hope that this will happen in the coming years.
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