Public perception of Bitcoin as payment method (survey)

[oktana]

No one would click a random link provided by a newbie also no one would be interested is sharing their personal details to any random person. At least I am not comfortable!

If you have any specific questions, you can post here in your thread and we will answer those but refrain from gathering persona details whatsoever!

You're making a point but I think he cleared that point when he said that the data collected will be used in anonymized form. Also, I looked at the survey and from the best of my knowledge, it truly is anonymous. If you don't feel comfortable as you say, you can fill the form in your browser's incognito mode.

BTW, the survey is great. 

[Anonylz]

No one would click a random link provided by a newbie also no one would be interested is sharing their personal details to any random person. At least I am not comfortable!

If you have any specific questions, you can post here in your thread and we will answer those but refrain from gathering persona details whatsoever!

You're making a point but I think he cleared that point when he said that the data collected will be used in anonymized form. Also, I looked at the survey and from the best of my knowledge, it truly is anonymous. If you don't feel comfortable as you say, you can fill the form in your browser's incognito mode.

BTW, the survey is great. 

i don't think there is any need to be concerned about personal data because none is require, i completed the survey and no personal information was require except age and sex educational qualification which are not directly tied to any specific individual, this is base on general evaluation, anyone can comfortably do the survey, well everyone know what they consider a sensitive information,
anyways here below is a screen shot of part of the survey, i found it interesting..

[MCobian]

Sorry I didn't participate in the survey in the opening post, because I don't want to click on a link that might not be safe. But I am curious
about the survey results, hopefully the results will be displayed in this topic later. And I will share my opinion regarding Bitcoin as a payment
method, as I have mentioned in another topic that I am including those who support Bitcoin as a payment. But the problem is my country
prohibits using Bitcoin as payment. So in the meantime I am only using Bitcoin as an investment, I hope that in the near future the government
of my country changes its mind by accepting Bitcoin as payment.

[Lucius]

A big problem for BTC as a payment method is that it doesn't really work for that purpose. It takes too long and the fees are too high.

Partly true if we took into account micro transactions combined with payment in physical outlets and the occasional periods when due to the increased number of transactions there is a competition of users in terms of fees to enter the next block. But if you look at online payment with BTC, then you can adjust the whole thing to your needs - you don't have to pay the max fee and you don't have to wait physically in a store to pick up your product until you get the first confirmation.

The key is to understand how the whole thing works, learn what determines the size of the transaction (number of inputs/outputs), look at the current state of mempool (number of unconfirmed transactions and optimal fee) and of course use SegWit or LN if possible.

[stompix]

Online survey is always bad.

The readers, viewers and participants of your survey can be limited to one forum, one site, one geographic location (continent) and you can not randomly take a good sample for your survey. It is one of main and important reasons why pollsters in the US took their surveys very bad and get bad results.

Online survey if is not managed good can allow one person takes the survey 10 times or hundreds of time.

I don't really comprehend the text clearly

If you don't understand the text then how about asking the author what he meant and no just post 4 lines of nonsense?

And yeah, MusaMohamed is right.
Op, if you're doing this just for a simple study in school yeah it can provide you with some material but for anything more important like yearly exams or graduations (I don't know how the educational system in Slovenia works but you should still have those) your survey will be pretty useless and I doubt the teachers will be impressed about it.

The userbase you're researching is clearly pro bitcoin, you're asking questions in a community that is clearly biased towards bitcoin so for sure they will not point in the right direction. Also some of the questions are clearly going to make the users give 10 stars and some lack the "I don't have a clue" option. A lot of users even here have limited knowledge but at the same time I doubt anyone would say "strongly disagree" on this:
"I (would) have no difficulty understanding how Bitcoin technically works"

Go to a mobile convention and ask people if they understand how a phone works, wanna bet on the results?

I appreciate the effort you put into, as is clear from some of the questions and how they are arranged you dint; simply copy paste but I'm concerned about the image the results will paint compared to reality.

Who's gonna answer the survey more than once?  None, unless he has nothing to do with his time.

If that would be true 4chan would be no more.

[mangsitin]

When Bitcoin is used on a mobile device, you can make payments in only two easy ways, namely scan and pay.  No need to register, swipe cards, type in your PIN, or sign anything.  bitcoin is an encrypted crypto currency.  Crypto users know how to pay bitcoin.  My advice, the theme of your research is not only about payment methods.  but it will be more interesting if associated with the adoption of bitcoin in the world.

[aesma]

A big problem for BTC as a payment method is that it doesn't really work for that purpose. It takes too long and the fees are too high.

Partly true if we took into account micro transactions combined with payment in physical outlets and the occasional periods when due to the increased number of transactions there is a competition of users in terms of fees to enter the next block. But if you look at online payment with BTC, then you can adjust the whole thing to your needs - you don't have to pay the max fee and you don't have to wait physically in a store to pick up your product until you get the first confirmation.

The key is to understand how the whole thing works, learn what determines the size of the transaction (number of inputs/outputs), look at the current state of mempool (number of unconfirmed transactions and optimal fee) and of course use SegWit or LN if possible.

If the merchant is really BTC friendly and allows ample time for confirmation then OK. In practice I have used online merchants who needed the first confirmation within the hour. Sure I can pay the fee to do that (without certainty) but that's too high a fee, most of the time.

[Lorence.xD]

No one would click a random link provided by a newbie also no one would be interested is sharing their personal details to any random person. At least I am not comfortable!

If you have any specific questions, you can post here in your thread and we will answer those but refrain from gathering persona details whatsoever!

That will be difficult as a researcher, first you have to manually collect the data and then I think most surveys online for research are mostly anonymous and does not ask for personal details. I understand the skepticism of clicking the link in an unknown site.

[carlisle1]

i don't think there is any need to be concerned about personal data because none is require, i completed the survey and no personal information was require except age and sex educational qualification which are not directly tied to any specific individual, this is base on general evaluation, anyone can comfortably do the survey, well everyone know what they consider a sensitive information,
anyways here below is a screen shot of part of the survey, i found it interesting..

Thanks for the share since I have no time to click and check a survey provided by a Newbie and haven't clearly say what is His thoughts about the survey.

To OP Nice asking of answers, hope it helps your target.

When Bitcoin is used on a mobile device, you can make payments in only two easy ways, namely scan and pay.  No need to register, swipe cards, type in your PIN, or sign anything.  bitcoin is an encrypted crypto currency.  Crypto users know how to pay bitcoin.  My advice, the theme of your research is not only about payment methods.  but it will be more interesting if associated with the adoption of bitcoin in the world.

Maybe the adoption  will follow as the survey ends good right?

Because teaching people about the usage of Bitcoin will be the start of adoption from non believers .

[_IRMAN]

When Bitcoin is used on a mobile device, you can make payments in only two easy ways, namely scan and pay.  No need to register, swipe cards, type in your PIN, or sign anything.  bitcoin is an encrypted crypto currency.  Crypto users know how to pay bitcoin.

True, it is very easy. But the problem is the transaction fee which will be greater than the price of the goods.
I thought bitcoin would be hard to accept for an everyday payment method

[lifeforcepools]

This is possible, but it seems to me that from now on it will not be the same traditional bitcoin, it will be something new.

[Alucard1]

First, I wish you good luck with your thesis, hoping that it will give positive results. I wonder how the topic about bitcoin sink in on your mind for creating a topic and I wonder if you can have Review related literature for your topic because that is unique and there are only a few topics about it based on what I have searched, but anyway based on the survey, I haven't tried yet using bitcoin as a means of payment because in our country there is no establishment that is allowing it for payment.

No one would click a random link provided by a newbie also no one would be interested is sharing their personal details to any random person. At least I am not comfortable!

It's just a survey, lol. well in fact some of the participants can cheat the answers and just click whatever they want to.

[senya-com]

Fine tool for retail payment, I suppose concern about payment securities comes out when it goes to large sums of money. The same as fiat banking actually lol

[nemey]

I find this an interesting survey. And I am one of the people who will wait for the announcement of the results of this survey. I myself am very supportive if indeed bitcoin will be a recognized means of payment.

[dimonstration]

I have filled your survey.

A big problem for BTC as a payment method is that it doesn't really work for that purpose. It takes too long and the fees are too high.

Will take the survey too, even it is good as payment option especially transaction can be unknown and can still be safe but we all knew that fees were getting higher as the price increase unlike the mobile banking that sometimes fees were waived like during this pandemic, the only advantage of bitcoin as payment is that we can do transactions without the hassle of letting ourselves known especially if it's a transaction in other countries.

[Rengga Jati]

..snipped..

Hi, I have done joining the survey.
They were long questions and you made the questions so clearly. I really appreciate it.

Well, actually about using Bitcoin as a payment method, so far, I never use it as a means of payment.
As you stated in one of the questions I quoted:

Bitcoin should be allowed by governments to be a means of payment.

I can't answer this as "agreement" because, in my country, Bitcoin is only legal as a digital asset, but not for payment. And if it is for payment, I think that it is still difficult, but don't know later.

However aside from that, I do believe that other countries may be more open and start accepting BTC as a payment method. many global eCommerce or companies are also on that process probbaly.

[adzino]

Since everyone is hesitating to click on the link (i wouldn't blame them. The link looks a bit fishy), maybe it would have been better to create a survey using google forums. If that becomes too complicated for you, you can try survey monkey. Easy to use since they provide you with all those templates .
It's good to see more people are choosing blockchain, bitcoin and cryptocurrencies as their field of interest for their thesis research. Would be great if you share your results over here since it would benefit others too.

[ropyu1978]

I have filled your survey.

A big problem for BTC as a payment method is that it doesn't really work for that purpose. It takes too long and the fees are too high.

So bitcoin is not good if adopted as payment transaction or bitcoin only have function for investment? I think you have true because I try sending bitcoin last week when bitcoin have higher price need pay more than $5 for payment fees and waiting more than three hours to receive my payment. Better is not good option for bitcoin as payment currency but could help other if use bitcoin as investment assets for the future because increase value every time. Now bitcoin have any issues will be legal payment transaction and waiting how long confirmation take time.

[pixie85]

No one would click a random link provided by a newbie also no one would be interested is sharing their personal details to any random person.

1 minute later

I took part in your survey and have some feedback.

The survey is really long OP. You should think of making it less time consuming if you want more people to participate. Not many people will want to spend 15 min clicking through a series of very similar questions.

What's the point of asking if bitcoin transactions are cheaper than bank transactions, then again if bitcoin transactions are cheaper than card transactions, and then again if you can send coins cheaper to your friends with bitcoin than with your bank. If bank transfers aren't cheaper than bitcoin, which is true at this moment, sending money to friends and card payments will also be cheaper in the bank. This is all the same thing.

[Casdinyard]

No one would click a random link provided by a newbie also no one would be interested is sharing their personal details to any random person. At least I am not comfortable!

If you have any specific questions, you can post here in your thread and we will answer those but refrain from gathering persona details whatsoever!

That will be difficult as a researcher, first you have to manually collect the data and then I think most surveys online for research are mostly anonymous and does not ask for personal details. I understand the skepticism of clicking the link in an unknown site.

Not actually anonymous but in online surveys, they are mostly making names as optional. But what will probably pull down the credibility of this study is that the sample are totally random. Random sampling still is having qualifications to support the data to be used in the study perhaps students of the same school. And if in this case, users only in this forum but it will be hard to limit the participants in this forum alone since it is a website which is open to all person. Anyone could have access in it. When it comes on users not checking the site, that won't be a problem because being a participant is voluntary.