Do you use Bitcoin for payment?

[nomad]

I started Bitcoin as a payment form. I was using Bitcoin for payment until 2020, but then I started using it as an asset. I though Bitcoin was too valuable to be waste. Do you use Bitcoin as a payment?

 

[Fidelia]

How would you be using bitcoin as a payment crypto when the fees can even be more than the transaction amount in most cases?

 

[King Belieal]

I hear that it is only people on the lightning network that use bitcoin for payment nowadays.

 

[eldavis]

No I don't use Bitcoin for payment, and to be honest am not so sure I would be doing that anytime soon.

 

[Rubz]

I do not make use of Bitcoin for payments. I do not make use of any cryptocurrency for payments. I just received litecoin as a form of payment on the online sites i work on.

 

[timewo]

The Bitcoin network fees for payment are very high, and since I make very less money, I usually do not use Bitcoin for making payment.

 

[Sanjeev]

I used to accept payments in Bitcoin in the past but not now a days when taxes are increased here on the transactions.

 

[Stardom22]

I too couldn't withstand the higher transactional fees for the bitcoin to process some payments.

 

[Cam]

I have used it as payment in the past, but the fees make it impractical.

 

[fcbetting]

I would use it but only on LNURL network. On regular blockchain fee is to big. On LNURL network fee is one satoshi on per 100 send. That is acceptable fee.

 

[Stardom22]

Following the rise in the prices of the bitcoin, it's Very unprofitable to use it for payment.

Post automatically merged: Sep 5, 2024

Because now l am in need for the bitcoin l would prefer being paid on the crypto currency option.

 

[Hate2Wait]

I have stopped considering Bitcoins for the payment and prefer to get paid via Paypal and LTC from around 2-3 years already

 

[fcbetting]

LTC from around 2-3 years already

Did LTC follow BTC raise? Did you manage sell it into USDT to keep value or convert it into FIAT?

 

[Etini Willie]

I have not used bitcoin for payment before. I have always known ltc to be best for payment.

 

[Passiveearner]

Many people started to avoid Bitcoin when the fees if Bitcoin surged to the extent that no one was able to afford it. I, therefore, prefer Litecoin.