i have little dout in transaction fees of paypal and bitcoin.so if you hade made transaction in both then tell me your idea on it.
Bitcoin are way way better than paypal. That's from a consumer side, if you wanna sending cash to a friend or family in the same country, yeah paypal is the way to go, because its free, but Paypal fees are much higher if you wanna send your money to your friends in another country, and the good news is bitcoin more safety than paypal.
I came to figure out, why would a consumer/customer use Bitcoins? You have to pay the 3 cent fee, while you dont have to pay anything when paying with a credit card.
So what is really a benefit for using Bitcoins, customer wise?
The simple answer : Bitcoin is more safety than credit cards.
I have had a debit card since I was 16 so it's not a trust issue for me. Bitcoin is convenient for some online shopping as well though.
Me too, debit cards are way way better than credits. That's from a consumer side, because it prevents us from overspending.
@ontopic, why not use them all, as each has benefits and disadvantages of its own.
Yeah, but the problem, if you using all of them, you will get many charges, and if you using debit card in the another country, and you want to cashout, it will take many charges , while using Credit cards and which cause a lot of scamming,. i think bitcoin is a good one.
i won't use credit card, it's totally risky than using debit card or bitcoin, so much fraud i think,about debit card there are already bitcoin's debit card out there where you can deposite your card via bitcoin, but it took much cost when you cashout your bitcoin, but it's really help us to purchase something on store which they're not accepted bitcoin directly, so far i choose bitcoin, yup the simplest for paying things online
Yes, I agree with you, the credit card is really risky because each carders (A Hacker who stole a credit card) can easily to steal or scam on the web by going to the web are vulnerable, but the problem is that not all online stores can accept bitcoin
What? Credit cards and debit cards are different from bitcoin. Bitcoin is a curency which you can get the same way as you can get a fiat. Debit cards and credits cards are cards designed for spending with debts you get in the bank. You can't choose with those, they are completely different. There are services tha offers a debit card for bitcoin I think, I' not sure tho.
Yeah that's true, but it have same goal, to facilitate the people to pay something
They are afraid of it because Bitcoin is better then them simply . It's impossible to chargeback when you are using Bitcoin however you can while using Credit cards and which cause a lot of scamming . Fees as-well (0.5% to 5% for Credit cards) while Bitcoin really small fee . you don't need to provide any personal information's while using Bitcoin but you ahve to when you use Credit cards etc ... I would be afraid if I were them .
right, and bitcoin is more secure than credit cards from hacker attacks. yes it has a small fee, but not all stores online or physical store can accept bitcoin
credit card and Debit card are afraid of Bitcoin because of easy chargeback, so much fraud with credit cards
Yeah, i think so, the bitcoin more safe than a credit card. and there are no major tax by using bitcoin but the problem is many people who do not know how to use bitcoin, and many people didnt know how to use bitcoin said that it complicated
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Topic
BoardBitcoin Discussion
Topic OP
Credit Card, Debit Card or Bitcoin?
by
irfanifachri
on 21/02/2016, 09:35:44 UTC
What you will chose amomg them? and why do the Credit card and Debit card are afraid of Bitcoin? are the credit card not much smooth and faster like bitcoin? What do you think? are you sure the credit card and debit card will usefull in the future?