How does Bitcoin plan to handle these two issues?

Ticker

1 BTC = $61484.29 USD  (via Coinbase)
1 ETH = $4197.17 USD  (via Coinbase)
1 LTC = $188.38 USD  (via Coinbase)
Quotes delayed up to 2 minutes.

Kryptous

Crypto Coins News - Ratings - Reviews

1 News - 247 News - 247 Bitcoin - 1 Search

BTC - BCH - ETH - LITE - XRP

Buy Sell Trade Crypto Here

 

As someone who believes in Bitcoin, I was lying in bed last night and two issues came to my mind that I believe could possible hold the currency back. I'm curious if anyone has considered solutions to these problems?

  • The first is automatic payments. How exactly would this be set up? I'm sure most people aren't going to want to manually manage their payments every month. Does a system like this already exist?

  • Ease of use. The idea of paying with Bitcoin was cool a few years ago. But now that ApplePay and AndroidPay are pretty prominent, using Bitcoin is a hassle, relatively. Definitely a first world problem, but there is a difference between a two second card swipe/NFC and scanning a QR code and typing in the amount you want to send.

Thoughts? My biggest concern is the latter. As much as I would like to believe that people would be more interested in a decentralized currency, convenience is king.

submitted by /u/JMF9x
[link] [comments]

Kryptous

Crypto Coins News - Ratings - Reviews

1 News - 247 News - 247 Bitcoin - 1 Search

BTC - BCH - ETH - LITE - XRP

Buy Sell Trade Crypto Here

 

Ticker

1 BTC = $61484.29 USD  (via Coinbase)
1 ETH = $4197.17 USD  (via Coinbase)
1 LTC = $188.38 USD  (via Coinbase)
Quotes delayed up to 2 minutes.

Leave a Reply