Bitcoin Forum

If everyone on the forum would do THIS.. bitcoin would be adapted really quick!

The next step should be handing out flyers on how to accept bitcoins in your store (as soon as the iphone/android apps are out - like www.squareup.com).

In the meanwhile, keep asking!!  It really makes a difference!  Especially at stores where you are a good customer and they are willing to listen.
Convince them!
At other stores just ask, and then pay normally.  

Good point!

L.

I don't think bitcoin is ready to be accepted in normal stores.
I mean, i don't think you're gonna wait an hour until the shop has confirmations on the transaction you paid with your phone?

I'm working on it and collection emails of potential customers! I got around 400 emails!

bitcoinaction.com (http://bitcoinaction.com)

Thanks

I agree that the infrastructure is not yet there. It's definitely surmountable though. If you deposited bitcoins with a company that maintained a sort of point-of-sale-network, the company could ensure that the merchant is paid immediately. While it would be possible for the customer to spend more than they have in a short timeframe, that's basically no greater than the risk credit card companies assume. There was also a time when most merchants accepted checks, and those things could take up to a week to clear and everyone seemed to do ok with those.

How do you buy things in a store using Digital currency? Online yea, in a store..hmm..its not like you can just whip out your mobile phone and do a transfer.

I don't think any company with multiple investors will accept Bitcoins as a payment option when they see the level of fluxuation in the BitCoin market.  You "pay" for a degree of stability with our current payment systems pegged to the dollar, but with BitCoins it would make things difficult in so many ways.

A grocery store, as an example, wouldn't need to update their prices on almost a daily basis.  That takes materials and wages to accomplish which is an expense most probably don't want to pay.

I don't think many of us would you want our paychecks to be paid in BitCoins.  If we could peg Bitcoins to oil prices and got gas stations to accept bitcoins, then we may have found a way to find stability in gas prices... but that sounds like science fiction to me.

Not exactly productive, you're just going to get funny looks from some cashier who has nothing to do with the decision on how to pay. Digitally, it's a different story. Smaller ecommerce websites should be our targets as they are more likely to be in tune with their customers needs: even if they see bitcoin as some novelty, they should realise that being part of the economy this early on is rewarded. It's insanely easy to advertise to a big audience: they just have to make a forum post in the market place!

No, you don't have to wait. You don't currently wait three days while the shop gets confirmations on the transaction you paid with your debit card.

You could tip your waiters in Bitcoin. Heck, it's better than not tipping at all.

First of all, its a misconception that you have to wait hours.  While it is advisable for very large sums, just to be 100% sure, your transaction will be verified across the whole network within seconds.  After that double spends will be denied.  So only the first 20 secs are vulnerable.  And yes, I agree, checks are a lot worse.

Additionally, a bitcoin phone app could have the option to immediately buy or sell at a pre-configured exchange like mtgox (creating a big market for other exchanges to be plugged in to the app).  So the fluctuation thing is a mute point.