BradRB
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Why would people want to adopt Bitcoin as a payment option?

Wed Oct 31, 2018 12:23 pm

We live in a world where we are bombarded with choices and the same goes for payment methods. We currently have a variety of different payment methods, like : Credit Cards / Debit Cards / PayPal / Payment processors / Charge cards / Prepaid cards / Phone and mobile payments / Money orders / Online Banking ePayments (OBeP) / Cheque and Crypto currencies.

looking at the wide selection of options on the table, would you be able to motivate people to adopt Bitcoin, over any of the other options?

What sets Bitcoin apart from these other options and how would you differentiate between these payment methods and Bitcoin? What makes Bitcoin better?

Let's discuss.

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Alex T.
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Re: Why would people want to adopt Bitcoin as a payment option?

Tue Dec 11, 2018 12:33 pm

cryptocurrency is not specifically intended for the purchase of any things irl. It is more focused on secure purchases on the Internet as for me. Bitcoin is known by security and not so much information about you and your purchases get 3rd persons. There are many online services available and everyone can choose what he or she needed. For example, here guys try to find top internet websites

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Re: Why would people want to adopt Bitcoin as a payment option?

Thu Dec 20, 2018 11:48 pm

I don't see why any business wouldn't want to add a new payment option like bitcoin (BCH/BTC), i can't see any reason not to add it.
Accepting bitcoin can bring your business new customers, and what business wouldn't want that.
It is also a good way to acquire BCH/BTC at market rate.
Even if you don't know anything about crypto, and don't want to, you can still accept bitcoin and just have the fiat value credited to your bank account.

Please see the following link for merchant solutions, we have a great price comparison tool that lets you see the savings possible:
https://www.bitcoin.com/merchant-solutions/
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Re: Why would people want to adopt Bitcoin as a payment option?

Fri Dec 28, 2018 11:12 pm

Accepting bitcoin can bring your business new customers, and what business wouldn't want that.
Who are those new customers that can not use popular payment options like Visa/Mastercard or Paypal or bank wire transfer but can use only crypto? And how many such potential new customers exist for an ordinary business, like selling backpacks or sneakers?

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bitkilo
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Re: Why would people want to adopt Bitcoin as a payment option?

Sat Dec 29, 2018 7:38 am

Accepting bitcoin can bring your business new customers, and what business wouldn't want that.
Who are those new customers that can not use popular payment options like Visa/Mastercard or Paypal or bank wire transfer but can use only crypto? And how many such potential new customers exist for an ordinary business, like selling backpacks or sneakers?
Customers just like myself and many others that love spending bitcoins, and some that maybe living off bitcoins (BCH) 100%
I would prefer not to use fiat cash, banks or credit cards at all where possible.

It really is not much hassle at all to add bitcoin payments to your business, so the benefits far outweigh the work required to add BCH/BTC payments.
Please help Ross and his family during this hard time by donating to the https://freeross.org/ fund. Play at the best provably fair Bitcoin games site here: games.bitcoin.com Need a fantastic Bitcoin wallet Pick up some great Bitcoin.com swag here

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Re: Why would people want to adopt Bitcoin as a payment option?

Fri Jan 04, 2019 1:06 pm

First of all, because bitcoin is a more secure method of payment due to the decentralized character. The elimination of the third parties allows significant reduce the fees and make faster transactions. Apart from it, though bitcoin transactions are not completely anonymous, it doesn’t require to provide your personal information. There is no all-searching eye of banks over your transactions. Moreover, bitcoin transactions are accessible to the people who don’t have or can’t create a bank account. Although bitcoin as a payment option is not perfect and is in a developing stage, it’s already better than existed traditional payment methods.

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Re: Why would people want to adopt Bitcoin as a payment option?

Tue Jan 08, 2019 2:06 pm

Bitcoin is not even the largest cryptocurrency in the world, but even the most popular cryptocurrency in the world with the highest rate of adoption all across the world. Countries like Japan and Russia have embraced Bitcoin with full support, wherein Japan has over 200,000 food outlets accepting Bitcoin and Russia is expecting to have its own national cryptocurrency.

There are many outlets and websites that are receiving crypto coins:
1. Subway in Buenos Aires.
2. Burger King in Russia.
3. Overstock.com.
4. McDonald’s.
5. airBaltic.

There are few websites like https://coinswitch.co/payment which smoothen the process for both Payer and the outlet/ receiver.

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Re: Why would people want to adopt Bitcoin as a payment option?

Tue Jan 29, 2019 3:41 pm

people must accept the bitcoin as a new payment option bcoz it is faster and safer and the future of the world where everyone will be using cryptocurrency instead of cash ...it is to make a digital world..

solarcrypto
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Re: Why would people want to adopt Bitcoin as a payment option?

Tue Jan 29, 2019 4:47 pm

Bitcoin's implication goes way beyond purchasing things. Yes obviously you can due to the fact that it's quicker and anonymous (no one can track where and when you spent something) but it also has global implications. Say I wanted to send money over seas to family, without the wait time and the rates, sending btc would be easy, almost instant and the rates dont take half the amount.

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Re: Why would people want to adopt Bitcoin as a payment option?

Fri Feb 01, 2019 8:15 am

I think because it is easy, you just need a wallet, no address, name or other required things like in credit card.

AnyCrypto
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Re: Why would people want to adopt Bitcoin as a payment option?

Mon Feb 04, 2019 10:47 am

Another advantage of using BTC as a payment method is the absence of a commission.

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