Crypto as a payment method for goods: what to expect in 2019

[poldanmig]

Hi guys.
I'm wondering what's your opinion on the goods purchased in currencies other than euros or dollars, say crypto. I'm aware it's being used as a regular currency in various fields now. There are, for instance, lots of successfully run marketplaces based on crypto out there. 
Over the past year, the market capitalization within crypto soared to the Moon.  Unfortunately, it's been a bear trend for a while now and no one can say for sure when it's gone. However, I am still thinking there's some light at the end of the tunnel - new market, pretty few competitors, great potential. So it's high time to become an active user.

So that begs the questions: Your thoughts on crypto as a payment method? Any progress achieved in the upcoming year?

in my opinion all possibilities can happen and without anyone who can predict for sure the crypto currency payment system in my country cannot yet be done because the government still prohibits direct transactions with crypto currencies

[1714068756]

1714068756

[1714068756]

1714068756

[1714068756]

1714068756

[1714068756]

1714068756

[1714068756]

1714068756

[yeah_that_guy]

You all are saying the marketplace of the future is so awesome, but has anyone of you bought a thing there huh?

[ThinkAboutIt]

You all are saying the marketplace of the future is so awesome, but has anyone of you bought a thing there huh?

hey, bought a backpack there.

[yeah_that_guy]

You all are saying the marketplace of the future is so awesome, but has anyone of you bought a thing there huh?

hey, bought a backpack there.

What't the process?  the whole buy pay deliver thing.

[ThinkAboutIt]

You all are saying the marketplace of the future is so awesome, but has anyone of you bought a thing there huh?

hey, bought a backpack there.

What't the process?  the whole buy pay deliver thing.

You mean the payment and delivery process? Nothing unusual - you book an order, then given a trecking-number. 5 days of waiting and the delivery guy calls you to make all the arrangments. Well it's was convenient to deliver the product at work so the man went there. Just in a regular shop but wih lower delivery costs and in it's crypto based.

[trickyriky]

I think every year more countries and stores or companies will legalize bitcoin as a means of payment. and in the future more and more people will be using bitcoin.
and this year it looks like the crypto market is starting to recover little by little the market is beginning to experience an increase. I hope this situation continues.

It will be very wise if they do it. However, today, you can use Bitcoin to buy many things, including real estate. I have heard, in France, some apartments are offered for Bitcoin.

[mersal]

Hi guys.
I'm wondering what's your opinion on the goods purchased in currencies other than euros or dollars, say crypto. I'm aware it's being used as a regular currency in various fields now. There are, for instance, lots of successfully run marketplaces based on crypto out there. 
Over the past year, the market capitalization within crypto soared to the Moon.  Unfortunately, it's been a bear trend for a while now and no one can say for sure when it's gone. However, I am still thinking there's some light at the end of the tunnel - new market, pretty few competitors, great potential. So it's high time to become an active user.

So that begs the questions: Your thoughts on crypto as a payment method? Any progress achieved in the upcoming year?

the Crypto payment method will not win easily accepted by the people because there is lots of complication in this so if all this things has to be regulated with a proper guidance and only the people accepting it us like a payment way otherwise it will continuously confusing everyone to be a good payment way.

[SnakeEyes666]

Marketplaces are not only purchases and goods, but also money opeartions.

[microbb8]

So far I have not seen the regulation and in many countries there is a ban on crypto. If in 2019 nothing changes, we will not lead away progress.

[jambul_kribo]

I think every year more countries and stores or companies will legalize bitcoin as a means of payment. and in the future more and more people will be using bitcoin.
and this year it looks like the crypto market is starting to recover little by little the market is beginning to experience an increase. I hope this situation continues.

It will be very wise if they do it. However, today, you can use Bitcoin to buy many things, including real estate. I have heard, in France, some apartments are offered for Bitcoin.

and recent news, i heard 5 star hotel start accepting bitcoin as their payment.slowly but sure much merchants now accepting bitcoin , and it will make bitcoin demand rise alot.they thinking accepting cryptocurrency was the things that can't be avoided in near future.adoption will come and cryptocurrency usage will increase massively.

[Huncho Jack]

Marketplaces are not only purchases and goods, but also money opeartions.

Excuse me?

[SnakeEyes666]

Marketplaces are not only purchases and goods, but also money opeartions.

Excuse me?

on MT you can send A-EUR abroad with no fees anf then exchange it to fiat money - euros.

[soviet_onion]

I've some friends who're into marketplaces and crypto in general. Never heard them talking about this in a negative way.

[SnakeEyes666]

I've some friends who're into marketplaces and crypto in general. Never heard them talking about this in a negative way.

Agree. Cos these types of payments are handy and saves your time and money.

[yeah_that_guy]

You all are saying the marketplace of the future is so awesome, but has anyone of you bought a thing there huh?

hey, bought a backpack there.

What't the process?  the whole buy pay deliver thing.

You mean the payment and delivery process? Nothing unusual - you book an order, then given a trecking-number. 5 days of waiting and the delivery guy calls you to make all the arrangments. Well it's was convenient to deliver the product at work so the man went there. Just in a regular shop but wih lower delivery costs and in it's crypto based.

Thank you.

[BUK2016]

Adoption of Bitcoin and crypto currency in general is one of the challenges crypto currency is facing at the moment though with time it will the thing of the past. Although the general public adoption has increased as compared to what it was in the past years.

[Best Dreams]

I've some friends who're into marketplaces and crypto in general. Never heard them talking about this in a negative way.

Agree. Cos these types of payments are handy and saves your time and money.

It feels really nice when your friend are appreciating and supporting you for what you are doing, my own friends use to support me and they always give me suggestion, to buy this, this and this with my crypto coins, they always take my contribution for travelling somewhere in form of bitcoin because they know how reliable it is to pay for anything we want.

[neonshium]

No matter how great all these Blockchain based marketplaces are, people will trust fiat online stores for quite a long time.

Lots of people trust in crypto as well including me. I always prefer to pay in BTC and Eth when I am buying something online especially a domain. web hosting etc. trust is not about Crypto or Fiat. trust is all about security and safe payment system. if a trusted company provide payment option in crypto that is safe and if a none trusted company provide payment option in fiat that is not safe.

[Adriano2010]

I have only a site where i can buy pc and phones with bitcoin, i hope in future will be more sites that accept bitcoin and crypto as method of payment and even pay bills directly with bitcoin if will be possible, but is so hard for companies that not want to adopt crypto.

[The Sceptical Chymist]

If I'm not mistaken (I haven't sent any bitcoin in the past 4 days or so), there was recently a lot of network congestion and transactions were stuck in the blockchain for about a day or two.  It's all good now, but situations like those really take away from bitcoin's usefulness as a currency.  Who in their right mind would want to use bitcoin and potentially wait a day for a confirmation when they could just as easily pay for something with fiat?  That's always been a deal breaker in my eyes, and it's just one of the reasons why I don't like spending bitcoin on things I could pay for with cash or a debit card.

Bitcoin will probably always be useful for things on the dark markets and for transactions where a little bit of anonymity is needed.  It's also useful for legally grey-area stuff that banks and payment processors don't want to get involved with (cannabis seeds, kratom, you name it).  Other than that, there probably won't be much progress.  When places like Amazon and eBay start jumping aboard, then bitcoin will have hit mainstream.  Until then, its main use is as an investment.