There I was thinking of bitcoin and it is contained in the title of this post. Is bitcoin can be used as a method of payment online?
Seeing that bitcoin has prices that always change when it is used as a payment method definitely prices will change as well. That would make traders must often change the prices in order not to incur a loss if the price drops. What do you think ? Is bitcoin can be used as a method of payment online?
Certainly! Bitcoin is a decentralized peer to peer digital currency. So most definitely you can use it for online transactions. But my opinion is that, please don't use. Because you will be spending a fortune for silly things.
Buy superbikes and cars with bitcoin is ok. They may be in your dreams and you always wanted to get one. But buying mobile recharge and daily groceries is not ok. Fiat is the best things to spend for that.
Yaa bitcoins can be certainly used as a method of payment online. The thing is most people see bitcoins as a investment so very less people use it for the payment.They trade it later for high profit. I guess it is the right thing to do rather than spending your bitcoins to buy stuffs.