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[Chat] MIUI Weekly Poll#55: Will Bitcoin Be Used for Further Mobile Payments? Vote Now!

  [ Promote]
25442 635 |
04:31, Dec-11-2017 | From PC
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Go to reply no.


Dear MIUIers,
Welcome to the MIUI Weekly Poll. Last week we discussed about Voice Input Vs Touch Keyboard? Vote for Ur Preferred One!. Here are the poll results.
Untitled.png


Some of Best Replies:
I prefer touch keyboard because voice input isnt 100% accurate and sometimes I dont want others to listen what I am talking.

Because Voice typing is not available for my language, I mostly use touch keyboard for Myanmar. But for other languages like Chinese and English, I use to type by voice.

Right now, touch keyboard is better than voice input.. Because of its speed.. Also, if you have a mistake while trying to say something, you can easily edit it by using touch keyboard..


Today's discussion is "Do U Think Bitcoin Will Be Used In Further Mobile Payments?" Bitcoin is a cryptocurrency and worldwide payment system. It is the first decentralized digital currency, as the system works without a central bank or single administrator. Bitcoin was invented by an unknown person or group of people under the name Satoshi Nakamoto and released as open-source software in 2009. Bitcoins are created as a reward for a process known as mining. They can be exchanged for other currencies, products, and services. As of February 2015, over 100,000 merchants and vendors accepted bitcoin as payment. Research produced by the University of Cambridge estimates that in 2017, there are 2.9 to 5.8 million unique users using a cryptocurrency wallet, most of them using bitcoin. Bitcoin is called the 'Future of Money'.
usebitcoin-4096x2253.jpg

Advantages:
  • 1. Bitcoins can be sent to any person in any part of the world. No intermediaries in between. No bank holidays/strikes. No boundaries or borders. No payment limit.
  • 2. Low/Minimal Fees for transactions
  • 3. Transactions are very fast if compared to banking
  • 4. People can’t steal your payment information
  • 5. Fore more see HERE

Dis-Advantages:

  • 1. Many people are still unaware of Bitcoin.
  • 2. Bitcoin prices are very volatile and increases/decreases.
  • 3. Ongoing development.
  • 4. Possible Government Interference.
  • 5. If you lose the Bitcoin wallet, you cannot regain it and they are simply lost forever.




Do You Think Bitcoin Will Be Used for Further Mobile Payments?
Take a peek at our poll and weigh in!
12.jpg

20 relevant and creative replies will receive the 'MIUI Weekly Poll' medal!



Previous Polls:



If you want to explain your choices, don't forget to reply below!
Special thanks to @candicesu for Banner & Medal, thanks to @Nig_ZA and @rahul_09 for their help and support.
Always believe something wonderful is about to happen.





Single-option Poll, 1693 members voted
39.10% 662
54.52% 923
6.38% 108
Your User group have no permission to vote
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Rated by 31 people   Experience Prestige Reason  

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krasimir69 + 1 Agreed!
Rahul2312 + 4 Fantastic!
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11:34, Dec-11-2017 | From Mi MIX
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If my employer pays me one day with Bitcoin, I will use this payment option myself. So far, this currency is too speculative and I trust more exchange-traded currencies.

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11:37, Dec-11-2017 | From PC
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it is one of the share market it is easy to do business bitcoin rather than mutual funds some companies prefer to do business with bitcoin and it is popular in ameriacan and europe market  still not introduced in some asian countries

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12:25, Dec-11-2017 | From APP
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off course not. the reason is there is no legal representative yet...
Every business must have legal representative before officially and internationally accepted in public.

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12:29, Dec-11-2017 | From Redmi 4X
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Considering potential risk of dynamic value, I would consider it not to be a daily use wallet.
People are used to it and never care about the longer transaction times with banks. I don't think there is a need of bringing in new things like bitcoin into people where it might also put them into a daze. As of now UPI is a better way to transfer the money in no time.
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12:31, Dec-11-2017 | Via mobile
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Never, But yes when its made legal and has control of government

                                                                                          
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13:57, Dec-11-2017 | From Redmi Note 4X
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I see many of you says here bitcoin is virtual, do you think money in banks or on your accounts are not virtual? Anyway, bitcoin (or any other crypto coin) will became another mobile payment when they go out of dark web and became legal around the world. Future will tell.
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14:08, Dec-11-2017 | From Redmi 4A
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No, because Bitcoin is not legally approved!
If the wallet is gone, we will lose the bitcoin forever. there is no guarantee / evidence to return it. 😓
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14:52, Dec-11-2017 | From Redmi 4X
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will it or won't it depends largely the eventual status of crypto currencies (bitcoin being one of few)..  they are one of notoriously, if not the most volatile of assets, allegedly linked with criminal activities and political motives (China, Russia, Iran and other countries attempt to move away from USD with currency swaps or decentralised crypto currencies)..
despite bitcoin now accepted at futures market cboe global and cme group (which sort of legitimize it), there are still skeptics calling it a 'speculative bubble' that mirror the dutch tulip bulb mania in the 17th century.. 😐

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15:48, Dec-11-2017 | From PC
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It might come one day but till than we will have to use the regular payment modes

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18:05, Dec-11-2017 | From Mi 6
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Bitcoin will be the future, as soon as the prices stabilize a little bit and the confirmation from the stock market that it will allow it to be used for share negotiations, the security and technology it provides will be the future of currency

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20:07, Dec-11-2017 | From PC
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I think bitcoins have a long way to go to earn people's trust and make its way into the mainstream digital payments.

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20:12, Dec-11-2017 | From Redmi Note 4X
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I reckon that eventually Bitcoin will be used to buy almost anything. Not in the near future, but it sure will. Who would ever guess it would get to the Exchange?

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21:42, Dec-11-2017 | From PC
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Yes it will cont. as online payment but i must tell you the price it is in now will CRASH!!! remember i said it here, IT WILL CRASH.

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22:20, Dec-11-2017 | From Redmi Note 4X
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Fluctuating currency will never gain permanent trust, because bubble can burst anytime. Instead, digital wallets like paytm are more realistic options with fast, secure and convenient way. It also gives more control over the money.

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00:20, Dec-12-2017 | From Mi 4c
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nope. cause Bitcoin is very expensive now and not everybody mine it and have it.

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00:28, Dec-12-2017 | From APP
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It's too risky because we don't know it's really not safe to risk our hard earned money.

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18:31, Dec-12-2017 | From APP
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It's not the right time for Bitcoin. Reasons are 1. Increased volatility of Bitcoin prices, 2. Since it's over priced, It might crash the market anytime.
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19:21, Dec-12-2017 | From Redmi 3S
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yes the tech used by Bitcoin has a future i.e. block chain but the volatile nature of Bitcoin is the main reason it will not be mainstream for payment purpose.secondly there have been some hacking insident in past which might also impact it's goodwill and future

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23:53, Dec-14-2017 | From Redmi 4X
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Its a yes for me. Im a bitcoin trader for almost 5 years now and my money grows so much that I expected. Btc for mobile is a good idea.

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18:03, Dec-17-2017 | From Mi MIX
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Not for the next 2-3 years. First, it is too volatile. Second, is not well known in the traditional world. I expect the more cripto-valute will raise soon becoming more reliable to handle

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19:00, Sep-11-2018 | From PC
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No I don`t think so.
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06:14, Aug-16-2018 | From Redmi Note 5A Prime
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I'll never use it!

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01:39, Aug-15-2018 | From Mi Max 2
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Not in India.
ChEeRfUl AmBiTiOuS MIfaN

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00:10, Aug-01-2018 | From Redmi 5 Plus
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i will be good

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09:45, Jun-20-2018 | From PC
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Probably not at the moment, it's legality is still being questioned by various government.

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02:29, Jun-12-2018 | From Redmi 4A
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its legally matters

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20:02, May-23-2018 | From PC
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i don't think so people will use bitcoin for payment..

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19:58, May-08-2018 | From APP
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yes it will be further mobile payments

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13:55, Apr-25-2018 | From PC
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No, Because Bitcoin is not legally approved!

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12:56, Mar-28-2018 | From PC
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No, Because Bitcoin is not legally approved!

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