What Are The Advantages Of Adopting Cryptocurrency As A Payment Method?

[PRIBO247]

We live in a world where everyday an options  to make life easier is presented to us.  One of such options is payment methods. Currently, there are a variety of different payment methods, like : Credit Cards, Debit Cards, PayPal,  Charge cards, Prepaid cards, Money orders and a host of others. Looking at this wide selection of options on the table, if you are asked to motivate  people to adopt Cryptocurrencies as a payment method, how will you do it?

[dragononcrypto]

Because a diversity of payment options is always more valuable. My local chain supermarket doesn't even accept Visa, so accepting crypto would actually be very practical in this case! The cue for the cash tills are ridiculous. I just need a self-service checkout with BTC accepted really 

[PRIBO247]

Because a diversity of payment options is always more valuable. My local chain supermarket doesn't even accept Visa, so accepting crypto would actually be very practical in this case! The cue for the cash tills are ridiculous. I just need a self-service checkout with BTC accepted really 

Bud that will be so cool but how do you convince others. You and I see the practicality of this approach because we are in the system so to speak. What about lose who aren't? How do we convince them?

[dragononcrypto]

Because a diversity of payment options is always more valuable. My local chain supermarket doesn't even accept Visa, so accepting crypto would actually be very practical in this case! The cue for the cash tills are ridiculous. I just need a self-service checkout with BTC accepted really 

Bud that will be so cool but how do you convince others. You and I see the practicality of this approach because we are in the system so to speak. What about lose who aren't? How do we convince them?

Probably once the price stabilizes and merchants are willing to hold BTC if the volatility isn't too high. Until then, there is no easy convincing imo.

[Andruha1993]

It seems to me that a cryptocurrency will soon be in payment. We will start buying apartments, cars, food, and so on. After all, it is very convenient and simple.

[ZionRTZ]

Just state the fact that their payment will go directly to the intended party without interference of a third party.

[Uplifted]

Adopting cryptocurrency as a payment method will be a great development cause it make transactions efficient and swift. There will not be need for third parties and there won't be geographical and language barriers. People can execute transactions from any part of the world.

[dragononcrypto]

As a recent advantage, I'd now say there's the advantage of accumulating cheap crypto. If you were to accept crypto as payment for the next year or two, I believe it would average you out during the end of the bear market / consolidation period. It could be a great way to hedge assets for the future.

[alyanov]

In my opinion and what I experienced the advantages of cryptocurrency as a payment tool is peer to peer technology, if we are going to pay for a good item at a great distance we do not need a third party in the transaction.

[PRIBO247]

Just state the fact that their payment will go directly to the intended party without interference of a third party.

I read in the news recently that Ohio accepts bitcoin has payments for some services in the state. I think I also read somewhere about another state also accepting crypto as payment. Bit by bit, its becoming a payment method. Sometimes, just stating the fact of a thing won't be enough to sway a second party. Facts always work well with visual.

[Annalise]

There are many advantages some of which are , it would support wide spread adoption of cryptocurrency.
It makes transactions easy, convenient and non-stressful.
It breaks location barriers etc and the fees are little.