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Author Topic: Will cryptocurrencies be able to use for payment?  (Read 17357 times)
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March 06, 2019, 01:55:18 PM
 #401

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?
It should be, the purpose of these cryptocurrencies is a peer to peer transactions, we must have companies that are dedicated to establishing payment through cryptocurrency or else adoption will be slow, it's one of Satoshi Nakamoto's vision so I hope companies will accept cryptocoins.

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March 06, 2019, 02:13:09 PM
 #402

I think this has happened, some online companies provide payment in the form of cryptocurrency, the most widely used is bitcoin, maybe because the speed and level of public trust is higher for bitcoin.

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March 06, 2019, 02:18:24 PM
 #403

It's already happening some companies are already using Litecoin Bitcoin Ethereum among others but not that much store to make a big presence on the internet we need a huge company like Facebook to accept payment via cryptocurrency for their ads for people to become aware of cryp[to as payment.

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March 06, 2019, 02:26:07 PM
 #404

I think you are already late for the party. It is already use as a payment method. In fact its been widely use in our country as a payment method for bills, loads, and even game credits. So far bitcoin and ethereum are in the use but sooner or later it might gets wider.

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March 06, 2019, 03:05:31 PM
 #405

For now we all almost make payments using Crypto and there are also many stores that open payment services, of course there are benefits that we will feel, then what is the best coin in our opinion to make payments depends on all services provided will use what coins to make transactions, maybe the difference from the costs that will be given.



 

 

 

 

 

 


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March 06, 2019, 04:08:35 PM
 #406

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?
Payment for what?
Payment for Bills then in the Philippines we already have it,
We could pay with coins.ph(local Bitcoin wallet) for our Bills electric,Water,Telecom,Credit card,Government,insurance,Cable and channel provider.

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March 06, 2019, 06:22:30 PM
 #407

we can already pay almost everything with the crypto, the bills the phone refills, soon i will also organize to pay in supermarkets with rechargeable debit cards with bitcoin

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March 06, 2019, 06:33:56 PM
 #408

Blockchchain Technology is based on transactions only. Due to revolution in it, many existing applications are interested to use this. Due to highest number transactions per second mechanism, dapps are getting attracted to ICOs.
 Sure, cryptocurrencies will be used for payments.

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March 06, 2019, 06:41:59 PM
 #409

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?
Now in many countries it is already possible to pay with cryptocurrencies.  For example, you can book a flight, accommodation and car rental for bitcoins.  Eat in restaurants, pay for goods in online stores.  Everything develops, look and find, if there is, than to pay.

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March 06, 2019, 06:45:53 PM
 #410

Of course, cryptocurrency can be used for payment methods, cryptocurrency have the advantage of being a means of payment as well as an investment.

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March 06, 2019, 06:51:59 PM
 #411

So I think initially Satoshi Nakamoto thought that way and the reason the SEC or other government agencies imply and are playing hard for any kind of approval regarding ETFs is precisely because people have come to understand that Cryptocurrencies have other possibilities than forms of payments, such as value reserve.
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March 07, 2019, 05:11:32 AM
 #412

Yes! Cryptocurrencies are already used for payments. I usually pay my bills with crypto only. They play best when i need to pay across international borders.
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March 07, 2019, 05:25:14 AM
 #413

Yes, I already pay my vps bills, mobile Internet bills and do overseas payments using cryptocurrency.
Of course, those who can do that are countries that have formalized the crypto currency as a legitimate and official currency that can conduct crypto currency transactions for the time being crypto currencies have not formalized the crypto currency as the currency that can be used to make buying and selling transactions

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March 07, 2019, 07:10:53 AM
 #414

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?
To purchase the coin or token which commits the transaction in the shortest possible time. I think Dash would be a good fit. But I hope that bitcoin will solve the problem with scaling and it will be accepted for payment worldwide.

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March 07, 2019, 07:21:54 AM
 #415

Yes, I already pay my vps bills, mobile Internet bills and do overseas payments using cryptocurrency.
Of course, those who can do that are countries that have formalized the crypto currency as a legitimate and official currency that can conduct crypto currency transactions for the time being crypto currencies have not formalized the crypto currency as the currency that can be used to make buying and selling transactions

Here in my country, we can pay our bills using cryptocurrency. We are allowed to pay any kind of bills, either utility bills, telecom or even credit card using local exchanges. I was really hoping that someday, we can able to use cryptocurrency in paying stuffs in a mall so that I don't need to convert it into fiat.
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March 07, 2019, 11:38:11 AM
 #416

encryption can be used for payment. u can convert it to the most value, in the short term. When you receive encryption, if u don't want to invest in it. You'd better replace it with a stable currency right away.
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March 07, 2019, 11:53:41 AM
 #417

On the Internet, you can already pay with cryptocurrency, not everywhere of course, but the list of available places is constantly growing, but there is no normal access to the real market yet, business is not interested

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March 07, 2019, 12:13:06 PM
 #418

On the Internet, you can already pay with cryptocurrency, not everywhere of course, but the list of available places is constantly growing, but there is no normal access to the real market yet, business is not interested

The reason why adoption is slow is because of the price volatility. Major economic players once met to stabilize world currencies and were successful. Thus ushering in a world that is the most interconnected in modern times.

I believe cryptocurrencies will also do the same thing in the future. However that doesn't stop payments and remittance projects to try using blockchain tech. EthaRemit.org has been testing solutions to that end.

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March 07, 2019, 12:27:03 PM
 #419

Yes, I already pay my vps bills, mobile Internet bills and do overseas payments using cryptocurrency.
Of course, those who can do that are countries that have formalized the crypto currency as a legitimate and official currency that can conduct crypto currency transactions for the time being crypto currencies have not formalized the crypto currency as the currency that can be used to make buying and selling transactions

Here in my country, we can pay our bills using cryptocurrency. We are allowed to pay any kind of bills, either utility bills, telecom or even credit card using local exchanges. I was really hoping that someday, we can able to use cryptocurrency in paying stuffs in a mall so that I don't need to convert it into fiat.
Wow happy to see that, my country still has a limited use. I can only be used crypto in online, but essentially cryptocurrency can be used to pay and currency right? no longer need to feel embarrassed to use bitcoin or crypto, because bitcoin has become a respected and accepted currency right now
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March 07, 2019, 12:34:05 PM
 #420

It can, but the main function is as an investment and is also included as a commodity for trade, not a payment instrument because of its fluctuating nature and also has a considerable risk if it becomes a means of payment for many people.

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