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

[AbsCentner]

Well, that's SO pessimistic)) To me, crypto is gonna rock this world really soon.

Have no idea what exactly you are referring to, but today lots of crypto investors and traders are working on that. I'm from quite a smal city and  the youngsters are just barely aware of the crypto here. Perhaps some info on the Net and that's it. Even more haven't heard of that at atll.  I mean there's no doubt some are using the Blockhain techlogogy and paying in BTC and ETH now, but the majoiry hasn't heard a thing about it yet. For the most part, it is still an idea.

[Xampeuu]

People need fast payment methods, we do not live in the Stone Age, but most of the cryptocurrencies are deferred waiting means of payment, it’s one thing when you pay something on the Internet and you have time to wait, it’s quite another when you are in the store and you have no time.

indeed we hope that the function of Bitcoin can be maximized, so we are more effective at shopping. therefore from that in 2019 I have applied in my country. and indirectly this can foster btc

[imstillthebest]

People need fast payment methods, we do not live in the Stone Age, but most of the cryptocurrencies are deferred waiting means of payment, it’s one thing when you pay something on the Internet and you have time to wait, it’s quite another when you are in the store and you have no time.

not all cryptos are slow . other cryptos from the altcoins category are mainly snappy or fast when it comes to paying or currency use   but im not saying that bitcoin is slow  . bitcoin can also compete with them because the speed of bitcoin is dependent on the fees that you put up ( more fees equals to faster processing time )    .  in conclusion , crypto is really ideal for a currency and payment use when buying goods and other services online or  offline  .

[Moshaid]

Although the progress in accepting Crypto as a means of payment is quite slow, there are lot of reasons attached to it but the main one is the acceptance of crypto globally. I personally know of some crypto platform that are planing on integrating this means of payment between buyers and sellers on their platform but so far so good the low turn out from people is among what is making them lag behind. But with time I see this means of payment being implemented in major buying and selling platform we all know of.

[wxa7115]

People need fast payment methods, we do not live in the Stone Age, but most of the cryptocurrencies are deferred waiting means of payment, it’s one thing when you pay something on the Internet and you have time to wait, it’s quite another when you are in the store and you have no time.

You have a point, cryptocurrencies are way faster than any bank transfer around the world, but people have been comparing cryptocurrencies to cash for a very long time and when compared to cash most cryptocurrencies are very slow, in bitcoin it takes a few minutes just to get one confirmation and if the network is very busy or you are just unlucky it can take a few hours just to get that confirmation.

That is why the developers are creating the lightning network which will allow us to get almost instant confirmations for our transactions when that happens bitcoin will be finally ready to be adopted by most people around the world, so the only thing that we need to do in order to see that day is to keep waiting.

[omonuyak]

I believe this year, many businesses especially the online one are going to adopt cryptocurrencies and bitcoin as mode of payment and since many people are becoming aware of it this time and some positive comments and analysis is flowing into cryptocurrencies market i do believe that we are going to see companies using cryptocurrencies this year 2019.

[hold your colour]

Have no idea what exactly you are referring to, but today lots of crypto investors and traders are working on that. I'm from quite a smal city and  the youngsters are just barely aware of the crypto here. Perhaps some info on the Net and that's it. Even more haven't heard of that at atll.  I mean there's no doubt some are using the Blockhain techlogogy and paying in BTC and ETH now, but the majoiry hasn't heard a thing about it yet. For the most part, it is still an idea.

So what about marketplaces then?

[AbsCentner]

So what about marketplaces then?

What do you mean? I don't get you.

[hold your colour]

So what about marketplaces then?

What do you mean? I don't get you.

I mean there are the martketplaces people buy things and pay in crypto. So we can no longer say it's just an idea.

[Coin-Desk]

I think it would be great if using Cryptocoin as a payment method for the purchase of products. This is a very good offer. We all want to use cryptocoin for purchasing anything. Because paying with Cryptocoin is very easy and hassle-free. So I hope that by the year 2019, Cryptocoin will be using the payment system in all cases. Now cryptocurrency is very popular. The acceptance of cryptocurrency is increasing day by day. So I'll say Cryptocoin as a payment system is very good.

Thank you

[AbsCentner]

I mean there are the martketplaces people buy things and pay in crypto. So we can no longer say it's just an idea.

The BTC? Are you serious? a set of spaghetti for BTC?

[gabmen]

I believe this year, many businesses especially the online one are going to adopt cryptocurrencies and bitcoin as mode of payment and since many people are becoming aware of it this time and some positive comments and analysis is flowing into cryptocurrencies market i do believe that we are going to see companies using cryptocurrencies this year 2019.

Yeah i'm noticing the number of online shops accepting btc and other cryptos are growing. Even actual stores have signages at the front about accepting bitcoins. It's a good movement towards adoption even if it's a little slow. As long as people will be willing to sell and spend their btcs, i think adoption will be inevitable.

[Ailmand]

I think that's not happening in every part of the world which adopts cryptocurrency. Here in our country, no matter what the situation of the market is, cryptocurrency is still the most convenient mode of payment. There are establishments that still accept bitcoin here.

[Kasabus]

I think that's not happening in every part of the world which adopts cryptocurrency. Here in our country, no matter what the situation of the market is, cryptocurrency is still the most convenient mode of payment. There are establishments that still accept bitcoin here.

But maybe only few, the development is not matured yet, the adoption has not gone mainstream so there are only limited of establishment
that are going to accept bitcoin, and mind you that they are also investors who just want to support in promoting crypto.
At the right time, maybe 5-10 years from now, we might see more stores that will consider bitcoin as a payment method.

[AwesomeLemming]

I mean there are the martketplaces people buy things and pay in crypto. So we can no longer say it's just an idea.

The BTC? Are you serious? a set of spaghetti for BTC?

*rofl* not literally of course, just a metaphor. Go ModulTrade marketplace, clothes and it sections.  Friends of mine got some items there and got please with the service provided. They're from a small town by the way. I don't think the location has something to do with it. Id depens on how an individual is informed and follows the trends.

[Janation]

People need fast payment methods, we do not live in the Stone Age, but most of the cryptocurrencies are deferred waiting means of payment, it’s one thing when you pay something on the Internet and you have time to wait, it’s quite another when you are in the store and you have no time.

It is true for some applications but there are some that can end this.

You see, in our country, Bitcoin is legalized and as I told in the past, not all or not that many are using Bitcoin though there is this mobile application, an exchange wherein you can use your Bitcoin to pay for your bills. That is not the only good thing about it, you can send BTC from the same exchange without fees and it is really fast. I guess with that, waiting for your confirmation to pay using Bitcoin will not be a problem.

[fixed_bitcoin]

Indeed. Whose who live in big cities are more informed about recent technological updates. Don't forget though, the Internet is not a treasure anymore and is available everywhere. So today,  a country-side inhabitant  can also have a crypto wallet.

[honey.please]

Would be funny to sell dairy for bitcoins or any other crypto. This is somewhat  phantasmagorical to assume but who knows what's next.

[Snaic]

Would be funny to sell dairy for bitcoins or any other crypto. This is somewhat  phantasmagorical to assume but who knows what's next.

First, the cryptocurrency should be legalized by the states that should determine its official status, establish the order and conditions of its circulation in the state, state bodies should issue certain instructions to tax and other authorities, only after this should the infrastructure for using cryptocurrency be developed as a means of payment in addition, hardly ever bitcoin will pay for dairy products. Although this is not at all possible. Most likely, Bitcoin will be used mainly when making only large transactions.

[Karmakid]

Even though we are already in the year of 2019, we should not still expect that the cryptocurrencies will become a payment method for goods for the mainstream stores either online or offline. It will still take a long time before the people will start trusting these cryptocurrencies since people are not used to trust a full time type of currency.