Stop Comparisation with BTC and Other Payments Methods.

[rodel caling]

I've been reading this badly comparisation with Bitcoin and all other payment methods. (Visa, Mastercard, Apple Pay, Alipay...)

Bitcoin has created 10 years ago. There is no regulations about it. It is all new area. Decentralized, it can't control from anyone. So we haven't met like this one before.

Visa, Mastercard, FIAT, Apple Pay, Samsung Pay, Alipay... They have advantages. Firstly all of them has a regulations about payment, store and banking... Also they've controlled from someones. People thinks if anything will be happen, they will go ask from them. Also, they have a legal protection. They can sue against it.

But we are learning about yet. We still don't know if we have legal protection or not. Actually, we are just experiencing yet.

So if you must to compare Bitcoin with something else. Make this comparisation the first then year of Bitcoin and that thing.

For example Visa (mostly compared with Bitcoin) was established in late 1958. And it started their international size of work in 1974! [Bitcoin has made it in a few years].


You can read all history of Visa here: https://usa.visa.com/about-visa/our_business/history-of-visa.html

You had a point but everyone have an own opinion about this new form of payment(bitcoin) method, we have a freedom of speech so we do not avoid to all people what they want to tell their own views and opinion for the comparison between bitcoin and any other kind of payment method use of each people as their choice.

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[Wakhid Mukti]

We can't stop people to compare bitcoin to other modes of payment because bitcoin in the first place was actually made as a mode of payment. The difference is just bitcoin is a multifunctional and decentralized digital currency. People will keep comparing it especially when they're not well informed about what cryptocurrency really is.

Right. Comparing the payment method of BTC with other payment is normal. In my opinion, this is stimulation or driver of the progress of BTC itself and so that everyone knows about the advantages of BTC. With the advent of this comparison, many of the merchants and retail and online shops and even coffee shops will be tempted to applying the BTC payment method.

[bitbunnny]

We can't stop people to compare bitcoin to other modes of payment because bitcoin in the first place was actually made as a mode of payment. The difference is just bitcoin is a multifunctional and decentralized digital currency. People will keep comparing it especially when they're not well informed about what cryptocurrency really is.

Right. Comparing the payment method of BTC with other payment is normal. In my opinion, this is stimulation or driver of the progress of BTC itself and so that everyone knows about the advantages of BTC. With the advent of this comparison, many of the merchants and retail and online shops and even coffee shops will be tempted to applying the BTC payment method.

If Bitcoin is used as a payment method then is kind of normal that is compared to orher payment method, that is inevitable. People like to know what are advantages as well as disadvantages and quality comparison could give you some good results and guidelines.
I doubt that this will attract merchants to implement Bitcoin as a payment method because for them Bitcoin still has a lot of issues and that is the reason why is not more adopted by businesses.

[hashman]

They even love comparing Bitcoin to irrelevant things. Seriously, i don’t understand why they keep doing these useless comparisons. Bitcoin is still new thing for many people and it’ll take some time it to settle.

[DreamStage]

No we should not stop comparating other payments methods with BTC because it's becoming a thing nowadays.
It's just a matter of time till we realize how important is to have BTC as another payment method.

Both BTC and trivial payment methods use FIAT to get something in return so why shouldn't we be comparing? Both have fees so yet again why shouldn't we?
Think again and you will understand why on continuing discussing this statements.

[Nolimitz84]

To compare bitcoin with Visa it seems to me there is no sense.According to the author of the post Visa began work in 1974,but bitcoin is only 10 years old and it shows unprecedented success.No financial company can boast of such success.After 10 years, bitcoin will become even more successful and it will be used by billions of people.This is guaranteed and inevitable.