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

[valuater]

Well, I work with some companies in this industry and though I accept payment fully in Bitcoin and rarely Ethereum I still have to cash out in order to settle real-world debts like utility bills you know. Moreover, you still need to purchase groceries and all of that but I have planned to save 10% of every monthly pay for the long term holding.

With bitcoin means you can take advantage of what is one of the advantages when we use bitcoin in addition to just investing our funds in bitcoin, indeed with the current conditions where the corona outbreak is still widespread, we of course also have to think for the necessities of life.

But in addition to that, what needs to be paid attention to is when we invest funds in Bitcoin, the current price movements are relatively stable compared to currencies that are starting to sink.

[ReiMomo]

We know that the Bitcoin price is very volatile, I will take the chance if ever my company want to pay a Bitcoin instead of cash. But, there is one condition, it should be a dollar base value of Bitcoin. You can benefit most if that is dollar base when the price of Bitcoin will down and then convert to fiat when it is going grow. There are too many stores as of now that will accept Bitcoin but the problem is, I don't think if dollar base value of a fix Bitcoin amount.

Bitcoin is a good choice to use as of now, fiat currency is very dirty at this moment. You may be infected of coronavirus while having physical contact on it.

[TheAndy500]

Question:

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

You don't know what Bitcoin is until you get your first payments in Bitcoin, no middlemen, not much to pay for transfer fee and you get it in decent amount of time. I don't think getting everything in BTC will be great idea as we are very much dependent on cash to live our daily lives. I am happy to get 30% in btc while rest in cash. 

[luserbai]

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.

Link here
https://[Suspicious link removed]/2UYCA0C
https://[Suspicious link removed]/2yxSrM0

[Kelvinid]

I actually use Bitcoin to pay bills but it was of limited since not all establishments are accepting this option. Though we'd like to see that but somehow, we can't push owners to accept the risk knowing that its price isn't stable and might possible also that they suffer losses. This think will hold why establishments owners won't adopt the system instead of sticking into the old one. I believe the crypto market isn't mature enough for this and people are having less interest to adopt the system due its high risk.

[BTT4ME]

If you earned some bitcoin (due to the increase of btc's value), then by all means use it as a form of payment.

But due to volatility, depending on whether it's bear or a bull, converting to a stable coin might still be your best solution to avoid unexpected knee jerk loss from using your bitcoin as your form of payment.

[Anonylz]

Exactly, volatility would be one major reason many people don't use btc as form of payment, as for me, I only use it occasionally to pay for online services and this is only when there is no option for fiat payment, though it feels good to be able to buy or pay for stuff with btc at the same time we will think about the fluctuations.

[Kurokonobasuke]

When the bitcoin develops at 2008, many countries are adopted on it because it was a perfect used for all online transactions. As time goes by many people are using bitcoin nowadays specially on those playing e-gambling, because bitcoin is the most useful currency when playing e-gambling. Bitcoin is not yet spread over the world because there are some people that didn’t now on how to use bitcoin like poor people who doesn’t a deep knowledge about bitcoin because there are some countries doesn’t fully implement bitcoin in their countries.

[gmakaveli]

When the bitcoin develops at 2008, many countries are adopted on it because it was a perfect used for all online transactions. As time goes by many people are using bitcoin nowadays specially on those playing e-gambling, because bitcoin is the most useful currency when playing e-gambling. Bitcoin is not yet spread over the world because there are some people that didn’t now on how to use bitcoin like poor people who doesn’t a deep knowledge about bitcoin because there are some countries doesn’t fully implement bitcoin in their countries.

Bitcoin gambling is huuuge now, and this is the only way I use BTC for now (and that's only because I can increase my BTC amount instead of buying it for fiat). I'd use it only whn the time comes, even if it's several years worth of wait