Will cryptocurrency soon be an alternate payment option?

[Spaffin]

In any case, everything will come over time, since not only the business must adapt to new market conditions with the help of cryptocurrency, but people must also learn how to handle cryptocurrency.  At the moment, the cryptocurrency user community is still very small, but with the growing popularity of cryptocurrencies and the dissemination of information about the benefits of cryptocurrencies, I believe that humanity will be able to use cryptocurrency in everyday life quickly enough.

[jarhed]

In any case, everything will come over time, since not only the business must adapt to new market conditions with the help of cryptocurrency, but people must also learn how to handle cryptocurrency.  At the moment, the cryptocurrency user community is still very small, but with the growing popularity of cryptocurrencies and the dissemination of information about the benefits of cryptocurrencies, I believe that humanity will be able to use cryptocurrency in everyday life quickly enough.

You're right, it is very difficult for business to adapt to the cryptocurrency market and the new structure for using cryptocurrency assets in business is a sweat. I think that at least another 3 years is needed for the business to adapt, so that the liquidity of cryptocurrency assets increases.

[bigmick44]

The popularity of cryptocurrencies has grown so much for the last year. Now almost every human being has heard of Bitcoin. More and more shops have enabled paying with crypto. The crytocurrencies are more convenient than the flat currencies and the big plus you are avoiding bank institutions. The privacy of paying with cryptocurrencies can be as a pron so a con. The transactions are more secure but they are hard to track down. In my opinion, cryptocurencies are the future and soon the main method of payment will be by them.

[clickerz]

Cryptocurrencies are already an alternative payment method in many places, and although BTC is not perfect for small, instant transactions, there are many altcoins that do the job just fine. I expect that most big brands and supermarkets will soon start to accept and even encourage the usage of Cryptocurrencies. Have I missed an angle here or do you guys agree?

Yes its already happening that a crypto like bitcoin is being an option for payment.. From buying mobile  top-ups,paying tuition fees,taxis, web hosting, salaries ,airline bookings and more, they accepts bitcoin. Though so mainstream as of now, but a time will come that bitcoin will be as popular as fat and other digital assets.

[KnightElite]

Just a month ago, giants like Starbucks, Nordstrom, Whole Foods, and AT&T announced that they accept cryptocurrency as a payment option.
With the  popularity that cryptocurrency is growing there is no doubt that it will soon be among other payment methods. Especially for the international payments, with its ridiculously low fee and time taken for inter-border transfers it is surely the favorite among the traders.
Also, with giants accepting it as a payment option there is no other need to prove its authenticity.

Do you own any cryptocurrency yet?

It is now actually happening, there are now a lot of business that are now accepting cryptocurrencies as mode of payment. The mass adoption will become successful and I expect that most of the people will use cryptocurrency as mode of payment.

[cutesgirl]

Not have good respond with many country we have waiting for long time cryptocurrency become an alternative payment option, we need be part in political to make bitcoin or altcoin become legal payment in some country, without have political back up impossible bitcoin and altcoin will be alternative payment in some country.

[reality18]

Every cryptocurrency has its use case and most of them can be used to make payment in more diverse ways especially coins like BTC, ETH, XRP, LTC etc is accepted in most cryptocurrency accepted platforms or shops. Projects coming up of late are considering such use cases and in some few years to come, cryptocurrency will become one of the major payment methods across the globe.

[bounceback]

maybe now I also often see where large companies that accept payments with cryptocurrency and I am very happy with this to make it easier for people to transact and I have also saved a little of my assets in cryptocurrency for future transactions and to buy other needs that can be paid with coins and other digital currencies.

[goto22]

It does seem like we are moving toward it, as more merchants - as well as companies - are starting to accept it and use it themselves. It is very interesting to follow this progress, it's like watching history unfold. In a way, i suppose that is true, actually.

[febriyana]

Since 2013, there is some company integrated Bitcoin as alternate payment. So we are like moving forward now.
I have some Bitcoin and altcoin. Because not only i hold, but i use it as payment, beside paypal with high fee. Keep confidence it will globally used anywhere. Maybe for this time still progress for Bitcoin get adoption.

[AicecreaME]

It does seem like we are moving toward it, as more merchants - as well as companies - are starting to accept it and use it themselves. It is very interesting to follow this progress, it's like watching history unfold. In a way, i suppose that is true, actually.

Here in our country, there are few stores who are accepting bitcoin as an alternative for payment options aside from fiat, credit cards, through banks, or debit cards, though even they have this, I think there are only few people who are using it as a payment method. I guess bitcoin is not ready yet for public adaptation, there is a lot whereabouts that the public need to know before making this a success.

[Palider]

I think cryptocurrency will be an alternate payment option but not very soon.

The crypto currency is now used as an alternate paymet. And if you are not aware Crypto Currency/Bitcoin is used to pay bills and in online stores now . But it's not that popular yet, Because only 10 million of the 7.5 billion people in the world know or hold BTC. So it may take some time before it becomes a major alternate payment like credit cards.

[Rinimitra1926]

For sure ! While cryptocurrency as a payment method isn’t mainstream quite yet, businesses large and small now contemplate getting into crypto or implementing blockchain technology into their operations. A number of well-known companies already accept or have previously accepted cryptocurrencies, such as Microsoft, Virgin, Expedia, Subway, T-Mobile Poland, OKCupid and Newegg. According to CoinMap, over 13,000 stores across the world welcome crypto as a payment method. Read more about in Cryptoknowmics.

[Genemind]

It is actually being used as an alternate payment method in some countries. Here in our country, we are able to transact using Bitcoin, Ethereum, Bch and Xrp. We can purchase electronic load, pay our electric, water, internet even cable bills. We are also able to pay our tuition fees using these coins. We are able to experience the convenience that crypto is giving. I'm sure that more merchants would adopt it in the future.

[akirasendo17]

Currently some stores all over the world are now trying to make payment using digital currency or crypto, which will soon be in full blast for years to come I think our traditional money will not be eliminate but using crypto currency as payment our money will be less use since using digital money is less hasslex and convenient to use, at the same time its safer to bring unlike our money at the moment,

[riyadmozu19]

In only a few countries cryptocurrency can be an alternate payment option because many countries have announced bitcoin as an illegal digital coin. Now if the government take any step to make it legal then it can happen. 

[Colt81]

In my own personal opinion, i think cryptocurrency and bitcoin are now being alternate payment option because of the popularity of bitcoin there are some stores which accepts bitcoin as payment, and that makes it more convenient to pay for me because i don't need to convert my bitcoin into fiat and without paying any fees.

[Sahyadri]

Though many Asian countries are already accepting cryptos as a payment option. But I doubt that will translate crypto as an alternate payment option globally. There are many reasons to that such as security concerns, high volatility, lack of awareness, lack of digital illiteracy etc etc. Also, many countries are pretty conservative when it comes to decentralized monetary system. Giving out the control isn't something they would want.  

[dimox]

actually many store accept payment using cryptocurrent. they have same value but crypto can increase it value, so its profitable.
people nowdays use digital money to pay something, many platform like online shop use this method, and used to this everyday. but the platform dont give this service maybe because of legalization in that country.

[coin-investor]

Just a month ago, giants like Starbucks, Nordstrom, Whole Foods, and AT&T announced that they accept cryptocurrency as a payment option.
With the  popularity that cryptocurrency is growing there is no doubt that it will soon be among other payment methods. Especially for the international payments, with its ridiculously low fee and time taken for inter-border transfers it is surely the favorite among the traders.
Also, with giants accepting it as a payment option there is no other need to prove its authenticity.

Do you own any cryptocurrency yet?

Glad they did and we have the pioneers who strive to make it happen, once big companies throw their support small ones will follow, and we expect more companies doing this and people who ignore Cryptocurrency in the past will be amazed on how this thigs is possible, they have no choice but to accept it as well and we are lucky we are the first here in this forum to adopt Cryptocurrency.