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Author Topic: Bitcoin or altcoin, which is most acceptable as money?  (Read 17754 times)

Offline Quantum X

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Re: Bitcoin or altcoin, which is most acceptable as money?
« Reply #45 on: October 30, 2020, 12:00:16 AM »
Well, as always the obvious answer is bitcoin and nothing will ever come next to it since bitcoin hold the largest record of mass adoption in crypto core.

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Re: Bitcoin or altcoin, which is most acceptable as money?
« Reply #45 on: October 30, 2020, 12:00:16 AM »

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Offline Arendra

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Re: Bitcoin or altcoin, which is most acceptable as money?
« Reply #46 on: October 30, 2020, 02:06:15 PM »
I think this bitcoin will be more easily accepted by the public for payment. Because it is already well known and most ordinary people know that crypto is only limited to bitcoin. So it will be more likely to make payments using bitcoin than too many altcoins.
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Offline azmirihaque

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Re: Bitcoin or altcoin, which is most acceptable as money?
« Reply #47 on: October 30, 2020, 04:00:36 PM »
I think, Bitcoin has achieved the most acceptability in the world. But altcoin is also acceptable coin. Some altcoins like ETH,TRX, XRP etc has already occupied a large position in the cryto world. ETH is considered the most acceptable coin  after bitcoin. So, both coins are acceptable but bitcoin is the first in the position. 

Offline mlawson71

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Re: Bitcoin or altcoin, which is most acceptable as money?
« Reply #48 on: October 30, 2020, 06:13:18 PM »
Bitcoin, being the most popular, will be the one to be accepted first, I think.

Offline Review Master

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Re: Bitcoin or altcoin, which is most acceptable as money?
« Reply #49 on: October 30, 2020, 06:47:38 PM »
Bitcoin transections need more times to be approved/validated on network rather than other alts , but BTC has lighting network solution which help bitcoin to be more acceptable on public or institutions. So, it's upto those who are going to take bitcoin first or try to find out an alternative alt to use. But , bitcoin is the real gaint on current market or situation, IMO.
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Re: Bitcoin or altcoin, which is most acceptable as money?
« Reply #50 on: October 30, 2020, 10:37:08 PM »
Both can be acceptable and deserve as the money/currency, except those small altcoins or the weak ones. But as Bitcoin is like the gold in the crypto space, people mostly choose Bitcoin to be the digital currency. That's normal, Bitcoin value is good enough and the adoption is getting better day after day around the world.

Offline UNIVERSE

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Re: Bitcoin or altcoin, which is most acceptable as money?
« Reply #51 on: October 30, 2020, 11:07:28 PM »
No doubt that the best crypto to be accepted in Bitcoin. It is actually now been accepted in some sectors and companies for not only a digital asset but also as a manner of payment method. Additionally, Bitcoin has a high value to be considered for short or long term hold or investment

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Re: Bitcoin or altcoin, which is most acceptable as money?
« Reply #51 on: October 30, 2020, 11:07:28 PM »


Offline Gubre

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Re: Bitcoin or altcoin, which is most acceptable as money?
« Reply #52 on: October 31, 2020, 02:38:39 AM »
Bitcoin has evolved out successfully to be the most widely accepted cryptocurrency. It can be used directly as payment for goods and services online or through debit card although there are still some merchants yet to accept it. Bitcoin is the only outstanding coin which can be used purchase all other cryptocurrencies.
There are altcoins we can use for payment nit just bitcoin.  Of course compare with bitcoin there is nothing who holds the larger record of being adopted in payment system through crypto except it.

Offline flyaccount

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Re: Bitcoin or altcoin, which is most acceptable as money?
« Reply #53 on: October 31, 2020, 01:01:04 PM »
If you look at the sales volume I think Bitcoin will be more likely to be accepted as a means of payment. Because many people are also more familiar with bitcoin than any other type of coin in crypto.
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Offline Noverteno

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Re: Bitcoin or altcoin, which is most acceptable as money?
« Reply #54 on: November 23, 2021, 10:04:25 AM »
If you look at the sales volume I think Bitcoin will be more likely to be accepted as a means of payment. Because many people are also more familiar with bitcoin than any other type of coin in crypto.
I wonder how bitcoin could be the best medium of payment if it only has a network bandwidth of seven transactions per second. As a means of payment, bitcoin is the worst cryptocurrency in this regard. Altcoins have overtaken Bitcoin as a means of payment for a long time.
Only time will put everything in its place. The popularity of certain types of cryptocurrencies is a very changeable thing. The cryptocurrency continues to evolve rapidly. And here she will present us with many more of her surprises.

Offline shadowdio

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Re: Bitcoin or altcoin, which is most acceptable as money?
« Reply #55 on: November 23, 2021, 10:38:41 AM »
Well bitcoin has binance smart chain network so bitcoin is the most acceptable as a money. Bitcoin is the most popular cryptocurrencies and with the Binance smart chain supported the transaction fee of bitcoin is cheap unlike the bitcoin network which is very expensive fee.

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Re: Bitcoin or altcoin, which is most acceptable as money?
« Reply #56 on: November 23, 2021, 03:58:14 PM »
Bitcoin is realistic answer, the coin have fundamental, popular and liquidity, complete reason to choose it. It will bring into high level if bitcoin have law and physical form but for this we should wait. As long bitcoin have function, people will use it and will bring new era in global economy, specially about the technology. Bitcoin and altcoin is similar, can be use for business and income, I think we should focus in that.

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Re: Bitcoin or altcoin, which is most acceptable as money?
« Reply #57 on: November 23, 2021, 05:32:49 PM »
I agree. It's Bitcoin countries are legalizing, not something else. If any crypto has the chance to make it, that would be Bitcoin.

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Re: Bitcoin or altcoin, which is most acceptable as money?
« Reply #58 on: November 24, 2021, 03:40:28 AM »
Bitcoin has evolved out successfully to be the most widely accepted cryptocurrency. It can be used directly as payment for goods and services online or through debit card although there are still some merchants yet to accept it. Bitcoin is the only outstanding coin which can be used purchase all other cryptocurrencies.

Maybe altcoins is more potential be accepted as money at the coming future.
Because bitcoin is very expensive and high volatile.
Maybe stable coins will more potential as money than bitcoin.
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Re: Bitcoin or altcoin, which is most acceptable as money?
« Reply #59 on: November 24, 2021, 07:27:21 AM »
Maybe altcoins is more potential be accepted as money at the coming future.
Because bitcoin is very expensive and high volatile.
Maybe stable coins will more potential as money than bitcoin.

That's right, but users who have more Bitcoins won't mind paying the $30 fee because it's almost the same as the current Ethereum network fee.
In the future Stablecoin will still be an option, we can look at the Terra and Tomochain platforms with a choice of sending fees in the form of ust or other coins you want to pay for gas fees.

 

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