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Will cryptocurrency soon be an alternate payment option?


FotisNt

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Posted

Just a month ago, giants like Starbucks, Nordstrom, Whole Foods, and AT&T announced that they accept cryptocurrency as a payment option. 
With the  popularity that cryptocurrency is growing there is no doubt that it will soon be among other payment methods. Especially for the international payments, with its ridiculously low fee and time taken for inter-border transfers it is surely the favorite among the traders. 
Also, with giants accepting it as a payment option there is no other need to prove its authenticity. 

Posted

Man cryptocurrency is never gonna be excepted  by all stores ....it may be by some but it lets say for instance crypto is never gonna be preferred by sax5th or prada or the belinciaga  outlet over the  physical dollar bill...... Honestly i have a feeling bitcoin gonna collapse to everyones suprise  n the crypto trend will be that just a trend ......soon itll fall off

Posted

Every day, some firms and companies are starting to accept cryptocurrencies. I have even seen a church that accepts donations in cryptocurrency. This method of payment sooner or later will undoubtedly become popular and affordable in many places.

Posted

Oh for sure, alot of companies accept crypto currencies already.

Also ive seen people having cards which have bitcoin, you can use them as normals cards.

Posted

I would definitely love to see this happen and it would get cryptocurrency more and more into the mainstream and masses of people. :D

Posted

A think some where in forum is a topic with this info; anyway, I would like to say that we at the ecosystem urge the mass adoption when talking about to receive crypto payments.  Blockchain in the industry has been very important and big companies all around the world are right now developing their own projects using it for internal use.  The news are great when they now are ready to go "out side" and let the majority of costumers pay with cryptos, this is not other thing than the response for all the effort done by us, yes by us as we are here supporting it, and will come with the huge work to help them starting now.  So I encourage all of us to go and spread the word and to become some how in a crypto evangelist.  Good luck. 

  • 2 weeks later...
Posted

Well it already is and it is not as an alternative for most of the shoppygg sites you can see that most of them only accept bitcoin and paypal is the second option that they prefer. 

Posted

I think for a long time a cryptocurrency payment alternative, in many countries you can easily pay for a crypto or exchange ... This also applies to websites ... I think that cryptocurrency will soon become world-wide accepted .... Today we are in amazing euphoria. So great is the potential of crypto ... We literally already feel a decentralized future 😉

Posted

Yeah it will just because how big it is already and how embiggen its gonna be and how kuch use of it they can get, prices will fluctuate, people will be satisfied wuth this payment method in my opinion because of how big it is and how useful too. 

Posted

I really think that's a great possibility. I know BitPay is doing interesting things with it. If you don't know what that is, you can load a debit card with crypto and spend it anywhere.

However there aren't a lot of places where I live that accept cryptocurrency. I think it's great that Microsoft accepts it. I don't even have BTC ATM's where I live. That's behind the times lol.

Posted

Currently in my country there are a number of universities that are applying to pay tuition by Bitcoin. I believe that in the future, Bitcoin will be officially selected as the main form of payment worldwide
 

Posted
On 7/10/2019 at 9:27 AM, concertrate said:

I think the txn costs of btc at the moment limits this dream

This is a good point, adding the time for confirmation that could look like eternity.  Developers are working really hard to fix this issues;  there you have right now that "lightning network" to create fast transactions, or all dApps for business to help them to charge and sale in bitcoins or some other cryptocurrencies.  People in the ecosystem is working very hard to make a friendly environment for us to enjoy.  Good luck.

  • 1 month later...
Posted

I believe that the world is developing and cryptocurrency can easily become an alternative payment method, why not, because it is more convenient than many of the payment methods.

Posted
On 7/7/2019 at 5:35 PM, FotisNt said:

Just a month ago, giants like Starbucks, Nordstrom, Whole Foods, and AT&T announced that they accept cryptocurrency as a payment option. 
With the  popularity that cryptocurrency is growing there is no doubt that it will soon be among other payment methods. Especially for the international payments, with its ridiculously low fee and time taken for inter-border transfers it is surely the favorite among the traders. 
Also, with giants accepting it as a payment option there is no other need to prove its authenticity. 

I think it will start gradually, first in America, then in other English-speaking modern countries.
There is no doubt that the cryptocurrency will become the official currency.
In Germany, I recently saw ATMs that withdraw cryptocurrencies.

Posted

With companies like facebook, Wells Fargo, and telegram all doing their own coin it is inevitable. 

My concern and confusion with it has always been with way the value fluctuates so rapidly. 

:Like with the bitcoin backed debit cards. One day I have $500 worth of coin, and the next $400 without spending anything? 

How can that work?

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