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.

 

[nomad]

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.

If you are making smaller payments, you might find Bitcoin fees to be higher, however, consider bigger picture. For larger payment, fees are not much.

 

[Passiveearner]

Well, I think that the amount of fees depend on the amount of bitcoin's you tend to send, isn't it? The larger amount of coins you send, the more fee you will pay.

If you are making smaller payments, you might find Bitcoin fees to be higher, however, consider bigger picture. For larger payment, fees are not much.