How many people here would choose bitcoin as their form of payment?

[Ridwan Fauzi]

For me I want choose bitcoin as my payment system.

I can use bitcoin at least for two function, one function is I can still hold it and make it as an investment place that I can guarantee with 100% I'll get profit.

Second function, I can still use bitcoin as payment system. Online shope platform are appears especially ib my country and there is a platform who use bitcoin as payment tool.

[Tiews223]

Firstly this is not a promotion, nor am I encouraging you to do the same.

I have been using bitwage to collect a portion of my pay check in bitcoin and ether. I have been considering while the price is low to just go all in or at least bump my allocation to 50%( 50% BTC/ 50% usd). With the fed printing more money the more I feel inclined to do this. Dont get me wrong I'm still buying undervalued stocks right now, paying Bill's and also trying to live a decent life.

Question:

I was curious if given the opition would you or would you not get all pay in 100% bitcoin.

My answer:

For me 100% is alot, considering I'd HAVE to sell some to pay bills/ expenses and stocks. But if given the ultimatum of bitcoin or usd, you can only convert out of btc, never into btc...I'd take btc.

Bitcoins are great to use when you don’t have actual bills with you because the nearest ATM is broken or that you’re too busy to drop by the bank at the moment. Actually, with the current condition, where there is a pandemic and one of the fastest ways to transmit the virus is through physical contact by handling out objects, like money. Bitcoins are of great help for the no-contact. Bitcoins are good to store in your eWallet for emergencies or for other payment options.

[rezakurnia66]

Crypto assets are very popular in these few years (especially Bitcoin). Since 2017 Bitcoin has become an attractive asset for trading because of the price movements that can soar. So I also think Bitcoin will be developed as a means of payment. Many people who have Bitcoin will make it easier for them to make buy and sell transactions. Such as online shopping and transportation payments are online. For me this really agrees, let alone many people are using Bitcoin for payment media (there are already some stores that accept Bitcoin payments).

In addition to Bitcoin, payment media will be a valuable asset investment. Bitcoin as a payment medium or as a trading asset, as long as it remains a valuable asset, of course, has a good future.

[Janation]

This really depends on the place you are in.

If you are in a place that it is legalized, then we should look at how they would be using Bitcoin if they will be accepting Bitcoin every time. Would they be able to use Bitcoin directly or they still need to convert it to fiat to be able to use it? Here in our country, I would accept Bitcoin but not at 100%. Despite the fact that I can use exchanges to pay bills using Bitcoin, there are still those doubts that it might fall or dump at the time you really need it so I still need to accept fiat for spending and also for saving.

[camito]

Firstly this is not a promotion, nor am I encouraging you to do the same.

I have been using bitwage to collect a portion of my pay check in bitcoin and ether. I have been considering while the price is low to just go all in or at least bump my allocation to 50%( 50% BTC/ 50% usd). With the fed printing more money the more I feel inclined to do this. Dont get me wrong I'm still buying undervalued stocks right now, paying Bill's and also trying to live a decent life.

Question:

I was curious if given the opition would you or would you not get all pay in 100% bitcoin.

My answer:

For me 100% is alot, considering I'd HAVE to sell some to pay bills/ expenses and stocks. But if given the ultimatum of bitcoin or usd, you can only convert out of btc, never into btc...I'd take btc.

Choosing Bitcoin as a form of payment is considered mostly of those users who have firsthand experience on it. Shopping, small retail transactions, and even payment for water and electricity bills. Considering this, any Bitcoin or Ethereum user would definitely not invest their 100% on something except for those who take risks. However, being in the crypto world and I think for every market, it is important to play safe while earning the right amount. We all would want gain anyway, and having the situation today, it is better indeed to sell and hoard rather than buy.

[Lizzylove1]

I do demand my brother always send fund via bitcoin and not through the traditional system which carries too high transaction charges and use the official exchange rate set by the bank, which is not actually the good exchange rate. I hate remittance through the bank.

[Cryptwerk]

i don't know about the people

but on Cryptwerk.com we collected about 4000+ different merchants (online/offline/b2b) that already choose Bitcoin as a form of payment)

Pay with Bitcoin >>>

[rodskee]

Question:

I was curious if given the opition would you or would you not get all pay in 100% bitcoin.

 

Nope i will not even choose more than 50% of my payments to be in crypto because My family needs to eat since i am the only one working in family(but my wife had a small business at home online).
all my profit here in crypto remains Holding this is the agreement we made when i started investing here(but of course in emergency i need to convert some of my holding)so i think 50% of my paycheck will be enough for me to be in Crpyto like Bitcoin ,ethereum or even EOS.and the remaining will be going to my wife for Budgeting .

[michellee]

I think for people who involve in crypto would prefer to use bitcoin than the other payment. But I don't think that people out there will also use bitcoin for payment because they still use fiat as the payment. Besides that, they don't know much about bitcoin, and they are busy to learn about bitcoin. Maybe they will learn about bitcoin and try to use it after their government accepted bitcoin as the payment. I think, for now, it is better to save bitcoin for a while after the price increase because if we can hold it until the price increase, we will make a big profit and that means, we are going to have much money

[XCANA]

I would take BTC as payment from my boss if I was able. Here, BTC is illegal and I can not think of that. But when I get my salary and the price is low enough for me, I purchase some time to time. Still it is very hard because I have to find someone looking for sale.

Yeah, I can still remember that, years ago I had to buy some goodies with bitcoin and this happened few years back but till now there is no merchandise who involve into bitcoin payment method due to the  high volatility of these coins. We the followers of Bitcoin would have love to make use of this payment method but most merchant don't make this available. Hope this happen in our areas in order to promote Bitcoin to the grassroots.

[Zionatin]

The places I work online already work well for me thanks to bitcoin. I am able to be paid easily in bitcoin. There so many ways to be paid and most of the websites are enabling bitcoin and even other crypto as a payment option for withdrawing. Payment processors like payeer and webmoney already include some of these options.

[Hannu]

Its nearly the same if pool pay toilet paper coins, worth of USD 

[Marystpatrick]

Firstly this is not a promotion, nor am I encouraging you to do the same.

I have been using bitwage to collect a portion of my pay check in bitcoin and ether. I have been considering while the price is low to just go all in or at least bump my allocation to 50%( 50% BTC/ 50% usd). With the fed printing more money the more I feel inclined to do this. Dont get me wrong I'm still buying undervalued stocks right now, paying Bill's and also trying to live a decent life.

Question:

I was curious if given the opition would you or would you not get all pay in 100% bitcoin.

My answer:

For me 100% is alot, considering I'd HAVE to sell some to pay bills/ expenses and stocks. But if given the ultimatum of bitcoin or usd, you can only convert out of btc, never into btc...I'd take btc.

The end goal is for you not to sell your bitcoin during the dip, that is why it is better for you to accept 50% BTC - 50% USD.

This will enable you to sell your bitcoin when you have profited not to sell cause you are in need.

[tbct_mt2]

There are two sides:

- Most of newbies in crypto want to do their exchanges in bitcoin. They don't trust altcoins, if they have faith and hope in altcoins, it does not because they trust altcoins, it is only kinda FOMO.
- Most of exchangers (not newbies) want to finish their trades in bitcoin because it is less volatile than altcoins. And bitcoin price tends to be stronger than altcoins. Altcoins themselves have their own advantages, cheap fees, fast transaction speeds but most of people tend to use Bitcoin more than altcoins.
It is always a bigger deal to get a good rate for deals via altcoins but things are more easily with bitcoin.

[wozzek23]

I don't see the need to be asking others, sure there is nothing wrong to ask for opinions, but what I'm trying to say is that at last you're still the one that's going to make that decision for yourself judging from the circumstances at hand.

If you are sure that after having up to 50% in BTC and 50% in USD that you will be able to survive with the USD that's left if in case the one you invested in bitcoin should fall, then you can go ahead and do that. It's good to always make calculations before taking risks. If you're jumping into bitcoin because you think the price will go up and you will get rich, well that's very possible, but think twice.

[Gladiator25]

Firstly this is not a promotion, nor am I encouraging you to do the same.

I have been using bitwage to collect a portion of my pay check in bitcoin and ether. I have been considering while the price is low to just go all in or at least bump my allocation to 50%( 50% BTC/ 50% usd). With the fed printing more money the more I feel inclined to do this. Dont get me wrong I'm still buying undervalued stocks right now, paying Bill's and also trying to live a decent life.

Question:

I was curious if given the opition would you or would you not get all pay in 100% bitcoin.

My answer:

For me 100% is alot, considering I'd HAVE to sell some to pay bills/ expenses and stocks. But if given the ultimatum of bitcoin or usd, you can only convert out of btc, never into btc...I'd take btc.

Having bitcoin as the mode of payment surely is faster because it is done through online or with the use of internet. Though paying in fiat will give you much safer and secured transaction because you see what happens to your money. Since here in our place, there is no much establishments or organization that accepts bitcoin as payment. If it does, I'd love to.

[Wexnident]

I don't mind either tbh. If its BTC, then so be it, if its USD, so be it. The only fact that makes the option of accepting payments as BTC both risky and enticing is when the market price starts fluctuating, whether it be towards the positive side or negative side. Naturally, I think most would actually accept USD instead of BTC, all because of its volatility. Some may not even use the received funds to trade, but rather for other things, so USD would be the best way to go. If somehow, one way or another, BTC started to stabilize at a certain range of price, then most would probably accept BTC instead of USD, I of which would be one of them. But currently, there isn't really that much of an advantage of choosing either, nor a disadvantage, so I opt to choose whichever is pretty much available.

[Initscri]

I have, and always will, take jobs for Bitcoin. I'm a web developer / programmer and currently have jobs right now where the payment is processed in Bitcoin.

I see it as an easier payment method to fiat payment methods IMO, especially when dealing with people around the world. So 100% I would take Bitcoin payments for just about anything.

[Coyster]

If I have just one source of income, I would not want to receive it in bitcoin, that is a very risky thing to do, I can only accept my wages in bitcoin if I have numerous sources of income and I dedicate the one I receive in bitcoin as a form of investment, which I'm just going to be accumulating BTC and not converting it to fiat.

But all my needs are mostly solved using fiat, if I receive my primary payments in bitcoin, I'm still going to have to convert it to cash frequently and with bitcoins volatility, I would be liable to loss.

[Yatsan]

I am a bitcoin/crpyo holder and trader, but I will not choose bitcoin as my medium of payment in almost any of my physical transaction.

Here's the reason why:

• It's not convenient to use bitcoin in any micro-transaction considering that it's fee is very expensive
• The transaction speed is very slow! imagine you are going to wait 20-30mins just to pay something
• Not all of the time you have internet so that might be a problem too.

Yes bitcoin is very good in transferring large amount of money but using it to buy goods in small quantity is not advisable. Bitcoin is just good here in the internet as a mode of payment, no hassle and anyone can use it.