How reliable is crypto payment?

[Reid]

I still prefer other altcoins rather than using stable coins. You will never know when those creations will explode. 

About the volatility, that is one of the main reasons why merchants are doubting to use bitcoin and altcoins as a means of payment.
There is just too much risk for now.
It would need a merchant who is willing to risk it at the start and somehow find a way to make it more profitable in the future.

[Hippocrypto]

I thought about the use of cryptocurrency by merchants for day to day trade settlement. When combined with fiat, it gives customers a lot of options and flexibility to chose how they transact. On the flip side, I am also thinking that crypto volatility could poss a lot of dangers and issues when adopting crypto for payment.

What do you think about the future of cryptocurrency payment, will conventional altcoin (non-stablecoins) have a chance or the race will solely be won by stablecoins?

All compete to provide the fastest service both conventional altcoins (non-stablecoin) or stablecoin both options and flexibility to choose how they trade where the fastest and easiest will always be used by traders for the completion of daily trading.

What I view about stablecoin is that becoming more efficient in most traders who trusted the effectiveness of the system. Faster service will be more advantage ways to create more demand to grow stronger and better. That's why we need to promote crypto payments in order to help everyone learn how it works.

[Fredomago]

We can't change the volatility of an unstable coin like Bitcoin and Ethereum. But it's also not bad because there are quite a few online merchants and services that accept crypto as payment. I hope to put a sign in our store to let others who use crypto like me accept crypto as payment. It is easier to use crypto in return for earning platforms and for receiving freelancers from their employers. Almost everyone now relies on work from home.

With how the new normal works, its best for each merchants and people who are working with freelancers to adopt crypto payments, with proper
knowledge, it's much easier and quicker to receive funds, crypto populairities also increased as there are people who transacts using this payment
process, awareness to many other possible venues needs to be reach this alternative currency can serves and act like normal if more businesses will
learn how it works and how they can take the advantages.

[Btc_1856]

I thought about the use of cryptocurrency by merchants for day to day trade settlement. When combined with fiat, it gives customers a lot of options and flexibility to chose how they transact. On the flip side, I am also thinking that crypto volatility could poss a lot of dangers and issues when adopting crypto for payment.

What do you think about the future of cryptocurrency payment, will conventional altcoin (non-stablecoins) have a chance or the race will solely be won by stablecoins?

All compete to provide the fastest service both conventional altcoins (non-stablecoin) or stablecoin both options and flexibility to choose how they trade where the fastest and easiest will always be used by traders for the completion of daily trading.

See it completely depends upon the payment options chooses by the companies, now most of the companies are choosing POS mentioned TPS in order to increase their transactions. So, I hope both Non-stable coins and stable coins will have their demand in the market, we should be very careful which one is best for payments.

[andra73]

See it completely depends upon the payment options chooses by the companies, now most of the companies are choosing POS mentioned TPS in order to increase their transactions. So, I hope both Non-stable coins and stable coins will have their demand in the market, we should be very careful which one is best for payments.

it seems like it's being talked about POS coins. hopefully, this will not disturb traders and market demand is increasing. because this market was built by traders and investors. they have to be balanced I guess to be in the market.

[XCANA]

I thought about the use of cryptocurrency by merchants for day to day trade settlement. When combined with fiat, it gives customers a lot of options and flexibility to chose how they transact. On the flip side, I am also thinking that crypto volatility could poss a lot of dangers and issues when adopting crypto for payment.
What do you think about the future of cryptocurrency payment, will conventional altcoin (non-stablecoins) have a chance or the race will solely be won by stablecoins?

The world has switched to digital, including in terms of payment or transaction. Cryptocurrency is still fluctuating in price, but as an alternative payment and investment, I think cryptocurrency will continue to grow both in terms of technology and price

We can boldly say that, the world has been doing the right thing with cryptocurrency but, many merchants haven't understand the techniques around the digital payment methods. Due to cryptocurrency volatility, many of these merchants have been afraid of this payment methods, though bitpay has Solved some partial aspects of the volatility but not in totality. Frankly speaking, cryptocurrency payment adoption has not been growing because of fear in the minds of those merchants. The payment would have be reliable if the volatility was minimal in nature.

[Ramaraj]

Bitcoin offers one particular application of blockchain technology, a peer to peer electronic cash system that enables online Bitcoin payments. While the Bitcoin blockchain is used to track digital currency transactions, the Ethereum blockchain focuses on running the programming code of any decentralised application.
BASID aims to drive crypto payment at the forefront of online payments. They introduce a payment gateway service that provides a secure, convenient, and reliable cryptocurrency payment solution for merchants and customers worldwide.

[criket]

We can boldly say that, the world has been doing the right thing with cryptocurrency but, many merchants haven't understand the techniques around the digital payment methods. Due to cryptocurrency volatility, many of these merchants have been afraid of this payment methods, though bitpay has Solved some partial aspects of the volatility but not in totality. Frankly speaking, cryptocurrency payment adoption has not been growing because of fear in the minds of those merchants. The payment would have be reliable if the volatility was minimal in nature.

plus, I have a thought that cryptocurrency is more popular as an investment asset than as a means of payment. I hope that in the future there will be important events that will open people's awareness about cryptocurrency and its technology.

[isaac_clarke22]

I never saw any merchants allowing the payment through USDT or any stablecoins, or maybe that's just me.
Bitcoin's being adopted by some numbers of merchants even though it is unstable so I believe that some non-stable altcoins would surely be adopted like for one ETH, that I read in this article : https://cryptonews.com/guides/who-accepts-ethereum.htm

[aemma]

You see this issue about using crypto for payment is platform related, that is, where some platforms will like to use stablecoins such as Tether, there are others who see it fit using other crypto such as Bitcoin, I have seen this most times in gaming or betting platforms. So I am of the opinion that, each crypto platform uses what they want and believes in. The same Tether which might be thought to be the future of crypto payment, is the same which is doubted by many people owing to the many unpleasant news about them, coupled with centralization.

[TastyChillySauce00]

We can boldly say that, the world has been doing the right thing with cryptocurrency but, many merchants haven't understand the techniques around the digital payment methods. Due to cryptocurrency volatility, many of these merchants have been afraid of this payment methods, though bitpay has Solved some partial aspects of the volatility but not in totality. Frankly speaking, cryptocurrency payment adoption has not been growing because of fear in the minds of those merchants. The payment would have be reliable if the volatility was minimal in nature.

plus, I have a thought that cryptocurrency is more popular as an investment asset than as a means of payment. I hope that in the future there will be important events that will open people's awareness about cryptocurrency and its technology.

Some platforms were being popular to be a payment system and I should remind you there are some like tron, iota, and many more. The majority of people consider token as an investment rather than become a payment system. Coin is different with token.

[MCobian]

Many merchants are hesitant to use cryptocurrency for payment options, the main reason being that the price of cryptocurrency is volatile.
But in my opinion the real reason is that many merchants assume that cryptocurrency users are still small, so they don't need to accept it yet
cryptocurrency as payment. Because if the reason is because of volatile prices, it is not possible. Because there are many ways to overcome
volatile crypto prices. Like using a third party or with an application that directly changes to fiat or stablecoins.

[Ryushin]

Many people are confused about using crypto as payment because of its volatility but it's also very possible, the merchants must understand how crypto works, once they accept payments in crypto they can switch them to stable coin in seconds, merchants should accept well recognized coins that have good volumes only and also mix with few stable coins

[TWW]

Some platforms were being popular to be a payment system and I should remind you there are some like tron, iota, and many more. The majority of people consider token as an investment rather than become a payment system. Coin is different with token.

some projects have begun to make their blockchain by making their coins on their networks. It all depends on their roadmap to launch their coins. better management and will be very functional support of their platform. Until now not too many people use it for payment instruments.

[iTradeChips]

In my experience I have seen very little business use of cryptocurrencies. Even bitcoin is having hard time being accepted in many establishments. I did noticed though that it is widely being accepted as a way to donate to individual entrepreneurs, small entreps and the creators of content on many platforms. I still believe that the best use of cryptocurrency is through the remittance of digital money through the internet anywhere in the world. They should concentrate on that aspect and I think cryptocurrencies might have a chance.

[fuer44]

I thought about the use of cryptocurrency by merchants for day to day trade settlement. When combined with fiat, it gives customers a lot of options and flexibility to chose how they transact. On the flip side, I am also thinking that crypto volatility could poss a lot of dangers and issues when adopting crypto for payment.

What do you think about the future of cryptocurrency payment, will conventional altcoin (non-stablecoins) have a chance or the race will solely be won by stablecoins?

indeed, from the first the main problem was about crypto volatility which would indeed be difficult to use for payment. so, between traders and buyers it is necessary to convert precisely the price of the goods and the value of the crypto itself so that changes in the price of crypto do not affect the price of buying or selling goods. I mean, every trader and buyer must always pay attention to the price chart, and always make it the same. if there is already an automatic conversion application, it will definitely be easier.

[bitgoldpanther1978]

In terms of technology, cryptocurrency was already a part of innovations nowadays. Just like we have in my country, we have an exchange where they are already accepted Bitcoin, XRP, Bch and ETH were it was very reliable and I've been using it for couple of years now even up to the present still useful and safe as well.

[sayulita]

I thought about the use of cryptocurrency by merchants for day to day trade settlement. When combined with fiat, it gives customers a lot of options and flexibility to chose how they transact. On the flip side, I am also thinking that crypto volatility could poss a lot of dangers and issues when adopting crypto for payment.

What do you think about the future of cryptocurrency payment, will conventional altcoin (non-stablecoins) have a chance or the race will solely be won by stablecoins?

Stable coins can be a way for the shops to cash out their daily sales and then they can sell those stable coins at the end of the month for USD or in their local currency.
But they can easily be fooled by people with fake transactions if the shopkeeper don't know a thing about digital currencies so educating them will be a big problem as accepting cryptocurrencies isn't like accepting payments through POS terminal and also not easy like accepting cards or in digital wallets.

[Text]

Maybe all of us here have used crypto as payment so we can't say it's not reliable. Am I right? We need to let others know how much cryptocurrency can do when it comes to online transactions so that more people can know and understand how it really works. We can also demand them to accept or pay using crypto instead of fiat so they can try. They will have no idea if they can't see it themselves or try it on their own.

[Moeda]

I thought about the use of cryptocurrency by merchants for day to day trade settlement. When combined with fiat, it gives customers a lot of options and flexibility to chose how they transact. On the flip side, I am also thinking that crypto volatility could poss a lot of dangers and issues when adopting crypto for payment.

What do you think about the future of cryptocurrency payment, will conventional altcoin (non-stablecoins) have a chance or the race will solely be won by stablecoins?

I think to adopt payments using crypto, stable coins are more appropriate than crypto in general. Because this will give a real value at each item price, there is no change in prices in seconds.