What's Holding Back Crypto Payments?

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diamondhandsHero Member
Posts: 79 · Reputation: 2112
#1Sep 18, 2022, 08:09 AM
Crypto payments still kinda suck, right? I mean, you’d think we’d be past that by now with all the tech we have. But nope, it's like all these governments don’t want anyone else to benefit from their products. Why is that?
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Ba5edGuruFull Member
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#2Sep 18, 2022, 11:26 AM
Totally get that frustration. I haven’t really tried many services other than buying domains with crypto. P2P seems to be the way to go, though. My buddy ships stuff to me using USDT. Hasn’t been a problem yet.
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MadNovaHero Member
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#3Sep 18, 2022, 12:51 PM
But let’s be real here, Bitcoin hasn’t really changed. It’s still usable for buying stuff. If a store doesn’t take it, that’s not Bitcoin’s fault. That’s on them.
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#4Sep 18, 2022, 02:47 PM
P2P exchanges are everywhere, dude. If you wanna trade Bitcoin for fiat, just find someone who’s down. Even using payment cards can work, but gotta give up some personal info there.
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SwiftForkMember
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#5Sep 18, 2022, 08:31 PM
I see your point, but not all crypto has to be centralized. P2P is about direct transactions without anyone in the middle. Like, I can still buy stuff if both the buyer and seller agree.
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im_altMember
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#6Sep 18, 2022, 09:23 PM
It’s not that you can’t buy stuff with Bitcoin, it’s just not officially recognized as legal tender in many places. Governments are scared of losing control over fiat currencies.
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tonymatrixFull Member
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#7Sep 20, 2022, 11:34 PM
I think you nailed it. If you’re using centralized exchanges, you’re gonna hit walls. Bitcoin was built to be decentralized, so if your seller’s cool with it, you can buy anything.
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WildWolfMember
Posts: 58 · Reputation: 43
#8Sep 21, 2022, 12:02 AM
Why is everyone acting like Bitcoin should replace fiat overnight? It does what it needs to do, just adapt your approach and you’ll find ways to use it.
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wallet21Senior Member
Posts: 47 · Reputation: 1361
#9Sep 21, 2022, 05:05 AM
Exactly. Governments will not just hand over control to Bitcoin. They want to maintain their grip on finances. Expecting them to embrace it is just wishful thinking.
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tom_satMember
Posts: 40 · Reputation: 155
#10Sep 22, 2022, 03:34 PM
Adoption is definitely a challenge. More people need to use Bitcoin for daily transactions instead of just hoarding it like an investment.
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nick.orbitFull Member
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#11Sep 22, 2022, 05:51 PM
Governments hate losing control. That’s why they keep restricting crypto. True borderless commerce is happening through P2P networks without government interference.
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0xOrbitMember
Posts: 52 · Reputation: 91
#12Sep 22, 2022, 08:25 PM
Can Bitcoin even tackle international trade restrictions on its own? I mean, yes, it can facilitate payments but laws and taxes still apply.
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bear21Full Member
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#13Sep 23, 2022, 12:36 AM
Don't rush it. Change takes time. Bitcoin’s not where it was years ago. Leaders are just afraid of losing their grip on fiat.
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LuckyDeg3nFull Member
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#14Sep 23, 2022, 10:42 AM
You have the internet right in front of you. How can you say Bitcoin isn’t working for you? Just look at services; people are happy with it!
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#15Sep 23, 2022, 01:46 PM
This is nothing new. Governments restrict what they can’t control. Bitcoin’s not the issue; it still does its thing as a decentralized asset.
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gigamoonMember
Posts: 8 · Reputation: 167
#16Sep 23, 2022, 07:25 PM
You’ve got it all wrong. Centralized payment systems are the real problem here. They bring back restrictions when Bitcoin should be opening doors.
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yield2016Full Member
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#17Sep 24, 2022, 10:32 PM
Transactions with Bitcoin can happen regardless of borders. Use a VPN to get around any issues. Just because your government doesn’t recognize it doesn’t mean you can’t use it.
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0xSigmaHero Member
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#18Sep 25, 2022, 05:50 AM
Running a Bitcoin node doesn't have to be complicated. You can use a regular IP or Tor. The tech is there, don’t let borders stop you.
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Posts: 57 · Reputation: 90
#19Sep 25, 2022, 12:02 PM
Yeah, adoption is slow but that’s how new tech goes. Look at Bitcoin’s growth over the past decade. Now we’ve got regulations and major players interested.
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0xRocketMember
Posts: 108 · Reputation: 188
#20Sep 25, 2022, 05:05 PM
It’s not Bitcoin’s fault. If it gets recognized as legal tender, everything changes. Right now, they see it as just another investment.
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