It is great to buy things with bitcoin but many merchants are just negative to accept bitcoin due to its volatility. During the last great price drop from 20k$ to 6k$ many merchants have suffered from huge losses due to the price drop. And that is why the number or merchants have decreased and even huge businesses online have started to decline the use of bitcoin due to their losses.

The more we can spread this good news the better it will be for the more massive adoption of Bitcoin. Last year, the peak of discouragement for using Bitcoin as a currency came to big reality and I think there were many merchants who left either because of the long time needed for the transactions to go through or just because of anemic sales from customers using Bitcoin. Aside from volatility, the confirmation time needed can be an insult to this very platform. I am happy to know that now things are getting better and hopefully extreme clogging will never be happening again. Viva Bitcoin!

It's because of the volatility that's why they are so reluctant to accept it as  payment methods and i believe that it is going to be resolved in due time since it's a very new market and maybe some regulation will help with it's volatility as well.

I have paid with PayPal many times and I would say that it was faster than Bitcoin. It is convenient but I am aware that PayPal hold all of my money. I have to pay extra for currency conversion and wait a few days in case I want to withdraw my money. Bitcoin is great for large, international transfers of money. Normal wire transfer would take a few days and cost quite a lot when you compare it to Bitcoin where the transaction fee for now is somewhere around 3 cents assuming that you have only 1 input and 2 outputs. I still prefer to use Bitcoin, though.

It definitely has become faster than earlier. But sometimes, I feel why to use bitcoins to buy stuff. It is better to keep it with you and HODL. But yeah if you don't have any other option then I can understand.

Yeah, you put the emphasis on the merchant, I did on the payment processor.
In the end it's indeed the same result as they are collaborating for this.


You're 6 years too late, we already have one and it's called Bitpay.
And what Coinbase is doing with its wallet is basically the same.


If we all would HODL, nobody would create services accepting bitcoin because nobody is spending BTC.
So nobody will use BTC and it's value will be, guess what, the same as the usage. 0

After reading the post I'm surprised that OP was sending a small amount cause we all know that bitcoin is not suited for a small amount due to higher fee and low confirmation. I might agree with you that paypal is still the faster but the problem is the company holding our money like for 180 days which is so bad. I myself using paypal for sending small amount and it really fast you don't even have to wait for a single confirmation just send it and forget it.

I always hope it can come true in my country. But until now in my country there are no providers online shopping serve a payment using bitcoin or crypto currency other (because our government prohibits the payment using a  non official currency).

This might raise people's expectations of Bitcoin and they might be disappointed when they pay directly and they have to wait for confirmations. This transaction was done within Coinbase's internal ledger, and not on the Blockchain, so it does not qualify as a "pure" Bitcoin transaction.

The transaction confirmation times with the Lightning Network might be the solution for this problem, but it is not mainstream yet, so we have to wait a little bit longer.