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Author Topic: Will cryptocurrencies be able to use for payment?  (Read 17454 times)
akram143
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January 26, 2019, 09:59:17 PM
 #101

Which payments do you mean? As far as I know some of cryptos are being used in payments, for instance on a Flogmall store.
Another option is crypto widget to receive payments in crypto for ordinary shops!


Yes absolutely right when hearing about payments made by the cryptocurrency will be the next step for the usage of Crypto market to be move forward but when comes to making this chances true will had lot of difficulties and also it will not be accepted by most of the people it takes a long time but it happened soon.

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January 26, 2019, 10:14:55 PM
 #102

I think that crypto in any case will be used for payment in the future. People will understand how convenient it is and I believe that payment with cryptocurrency will be used on a par with cash payment.

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January 26, 2019, 10:19:37 PM
 #103

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?
Altcoins of course can be used to pay, but bitcoin it is very bad to pay as slow transactions and not very adapted some coins for this, but for example xem in Japan very often you can pay

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nikola22
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January 26, 2019, 10:33:31 PM
 #104

cryptocurrencies are quite good for making payments but online sites don't hurry to implement such way of payment. so now there are few opportunities to make payments in bitcoin.

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Favouredhart
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January 26, 2019, 10:35:32 PM
 #105

Yes, cryptocurrency is already been used as a means of payment, there are are companies or shops that accept it. The most accepted is bitcoin. It's just a matter of time and there will be general acceptance.
Jannyh
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January 26, 2019, 10:55:43 PM
 #106

Yes it can be used for payments, it is also convenient ,you can move from place to place with you asset ,the most accepted of them all is the bitcoin.

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January 26, 2019, 11:00:24 PM
 #107

cryptocurrencies are quite good for making payments but online sites don't hurry to implement such way of payment. so now there are few opportunities to make payments in bitcoin.
the reason may be that because prices fluctuate too much, it will make it more complicated because the values before and after being transferred can be very different and people are not ready to take risks
and regarding bitcoin, it's already been used for payments including BCH because I've read the news that the content is that America has implemented this system to pay taxes to its citizens

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January 26, 2019, 11:18:03 PM
 #108

I think in my country there is rarely crypto payment. because until now the government has not approved crypto circulating in my country. so I rarely see people transacting crypto.
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January 26, 2019, 11:24:09 PM
 #109

in my country crypto is prohibited for payment transactions, if you make a payment using crypto it will be subject to legal sanctions,
here crypto can only be used as an investment tool, as a good citizen I follow the rules and do not use crypto for payment transactions

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January 26, 2019, 11:30:53 PM
 #110

in my country crypto is prohibited for payment transactions, if you make a payment using crypto it will be subject to legal sanctions,
here crypto can only be used as an investment tool, as a good citizen I follow the rules and do not use crypto for payment transactions
We are big opposite from your place, our government have no question into crypto right now, they supported this one and we currently used this for buying and as a mode of payment. We're so thankful that crypto makes our life comfortable and no hustles in paying bills. But not all crypto coins accepted, it only BTC, ETH, XRP and BCH.
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January 26, 2019, 11:38:11 PM
 #111

It is incomparably easier and cheaper to make any transfer this way. For anyone who makes daily transfers and manipulates with substantial amounts, this is the only way. No fees, no banks, no limitations, no waiting. But as in many sections of crypto market, volatility is causing a lot of potential loses. There is no transaction fast enough to prevent the influence volatility could have. I have used it couple of times so far, haven't had any downsides so I would definitely like to see this payment option implement the economy more.    
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January 26, 2019, 11:38:39 PM
 #112

If seeing on the concept and basic of the cryptocurencies that are offered so far, there are some promising coins that have the real products. They also have the chance to be used for the real life payment method. But, this is not for this day, they will need the time to develop their program for sure to be able to be accepted for payment. This is such as Airpod, worldwifi, Ripple, and many others.
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January 26, 2019, 11:42:02 PM
 #113

I think in my country there is rarely crypto payment. because until now the government has not approved crypto circulating in my country. so I rarely see people transacting crypto.
I guess that's not even in your country but in some countries too, so far the crypto can be used to buy the gift card and it's working on the US region only. but there are some service which has already created a service that make you able to buy anything.

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January 26, 2019, 11:45:02 PM
 #114

A coin which in my opinion is suitable to be used as a payment is bitcoin (already has a cheap fee), ethereum (cheap fee and fast), litecoin (same as ethereum) and maybe the rest is using Sablecoin like USDT, but there could be new competitors coming

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mcTether
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January 26, 2019, 11:47:28 PM
 #115

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?
With the years cryptocurrency development has done particularly in the last two years, I expected to see a rice in the number of retail outlets accepting bitcoin and cryptocurrencies for payment.
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January 27, 2019, 12:07:46 AM
 #116

of course you can if the government has formalized and legalized the crypto currency as a currency that can be used as a currency
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January 27, 2019, 12:48:06 AM
 #117

A lot of projects are starting to use crypto not just as a means of payment in monetary value, but as a form to use their platform like "credits". Sylo has an interesting eco-system to utilize their token for the Sylo communication platform and the DApp market.
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January 27, 2019, 12:58:41 AM
 #118

I think the most convenient to use is Etherum because there are many tokens that are also under erc20 tokens. who knows there is an ico project that can be used for payment and a number of people who play a big role there.

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January 27, 2019, 01:30:31 PM
 #119

Not yet, but as soon as we would develop a crypto currency that has over 100k TPS, it would be a great sign for a payment system change. A lot of projects are aiming this goal, but I have not seen any ready products yet.

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January 27, 2019, 05:29:31 PM
 #120

Yes, some platforms are accepting crypto as payments. Using crypto as payments will help in transferring money at a faster and cheap rate.
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