Bitcoin Forum

Poland’s Largest Food Delivery with 5000+ Restaurants Starts Accepting Bitcoin

https://news.bitcoin.com/polands-largest-food-delivery-website-restaurants-starts-accepting-bitcoin/?utm_content=buffer346ee&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer

Updates to follow on this fast moving story...

This is surely a spectacular news for the community as more and more people will start researching about bitcoin and potentially invest in it and we can finally see the price recover with this ether hoax which screwed up the full market. Good news for a long term impact
I just hope this trend of adopting of bitcoin expands

That's amazing to hear this. But how the restourant make sure the transaction confirmed? Fees are extremely high, the transactions are extremely slow. Questions came to my mind.

Never heard of this site, but I use food delivery a lot and would consider paying with Bitcoin, if the process was simple enough. I previously tried using Bitcoin on Fiverr back when they used to accept it, and it was a big hassle. Major improvements must be made in this respect before it will go mainstream.

Nice, this is great news. It is good to see Bitcoin spreading, especially when large companies like Pyszne.pl accept it. Bitcoin is really underrated now as not many vendors allow Bitcoin as payment. Hopefully, this attracts some Bitcoin users to the community. I think that further competitors like DoorDash should follow suit with Pyszne.pl.

A problem with this is the confirmation times of Bitcoin. My transaction of just 0.0025 has not confirmed yet for 24hours. I used a 0.0001 transaction fee. People are not going to be content with these terrible rates and long confirmation times. This may dissuade users from using the Bitcoin service that Pyszne.pl is offering.

Cool. Looks like they are using a bitcoin processor - Bitpay. I wonder if using Bitpay ameliorates the problem of long confirmation times. Surely, if you order a pizza to be delivered, you expect it would arrive within a reasonable amount of time, 30-40 minutes, and not 12-24 hours later.

Is this confirmed? If they are using BitPay, then the delay in confirmation time can be avoided. But at the same time, I am worried about the fees. How much fees are they charging for each of the transactions? If they charge something like BTC0.0015, then I am afraid that not too many people are going to pay with BTC.

why? how does BitPay make things different? it is just a service in the middle to process the payments. and the transaction fees will still be what you pay the network not what they ask you to pay. and bitcoin transaction fees are currently at ~0.0008BTC unless you have a huge transaction size in byte.

Obviously bitcoin is a tax free one.We can make use of bitcoin interns of saving also.It's a very good news for the bitcoin users.Not only in this hotel,hole world will accept the bitcoin one day.Even I am waiting for that too happen.Bitcoin is a boon to us.Since it's a safest one for online transaction ,soon it will be accept by all.Bitcoin is a trusted one for online transaction. Now a days more transactions are made by Bitcoin only.

I wonder if there are some banks or government agencies right now blocking those restaurants access to fiat, ordinary financial networks? because I can't begin to understand why would any body use Bitcoin if they are free to do business with traditional monetary systems? I could only be happy if I see one day despite the efforts of US treasury and their court orders some body does something that they couldn't do any shit about it because it was done through Bitcoin.

It is indeed bitpay.

It's obviously good that merchants are willing to accept bitcoin as a payment method, but really what they are receiving in the end is still fiat currency. I wonder when can merchatns actually start to accept bitcoin "as it is" at face value, that is when bitcoin is truly global and mass adopted.

Just a side note - bitpay charges deeposit fees ON TOP of the miners fee you have to pay on the bitcoin network. So you'd be paying the fee twice which currently would be at least 0.0015 BTC. That's $3.5 extra per transaction... Not worth it tbh.

are you sure it is 0.0015 BTC because looking at their articles from their blog they say it is a dynamically calculated amount to cover the cost of the transactions they have to make after you pay them. they don't give any numbers and 0.0015 seems a bit too big to be honest when transaction fees are half that amount.
https://blog.bitpay.com/network-costs/

This could lead to higher bitcoin usage in Poland, given that it doesn't entail additional charges, compared to using Paypal or credit card. And even if you cancel your order, you can have a refund but in the form of euro, instead of bitcoin. Seems like a good move for takeaway.com, am just wondering how much of the actual sales would be from bitcoin if this gets fully implemented and advertised.

It is all about regulation. BitPay adhere to AML/KYC regulations and all customers are identified through this system. The government will allow Bitcoin, but it has to be in a regulated environment. BitPay also protect the merchants from price volatility, in direct conversion of bitcoins to fiat. The customer pay $300 for dinner with bitcoins and that transaction is instantly converted to fiat by BitPay. < effectively the merchant never deal with bitcoins, just the fiat that was converted by BitPay > Some merchants might decide to hoard a small percentage in Bitcoin, but it is there choice. ^hmmmmm^

Maybe they will only deliver if the payment is confirmed already and with that bitcoin holders is the one responsible for that by putting high tx's fees to get faster service, I hope segwit will soon be implemented so that the usage of bitcoin will become unstoppable.

From OP's link:

It's a Dutch owned company, their Dutch website http://thuisbezorgd.nl has been accepting Bitcoin for years. They process Bitcoin payments instantly (0 confirmations) to forward your order to the restaurant. I haven't tested it with a very low fee, that may be a risk for them if it never confirms.
If that happens, you might get a bill at your delivery address.

so far all the businesses that i have seen accepting payments instantly (with 0 confirmations) already have methods of some sort of risk assessment. and that means you can't just send any kind of transaction and think they accept it.
for example an extremely low fee, a transaction with an unconfirmed parent, or anything else that may lead to the transaction being stuck will be rejected. so the risks are nearly zero.

That is cool for bitcoin because it will make a huge demand for bitcoin because people from their business will get curious about the new payment option so they will find some information about it and if they will like bitcoin then they will accept it to their life and use it aside from paypal or any kind of payment system that they have and that will be the start of bitcoin dominance in that country.

This is great news for bitcoin. Any merchant accepting bitcoin is great news, let alone one of the industry leaders.

I am personally particularly fond about food merchants accepting bitcoin. I guess it's because the first real, publicly verified bitcoin transaction with real life goods was lazslo's famous 10000 bitcoin pizza.

As others said, obviously bitpay is a hassle to go through and it would have been better if they just accepted bitcoin directly, but you have to consider from their PoV that they need stability and returns for their shareholders. Holding bitcoin dircetly can mean losing/gaining value very unexpectedly.

Hopefully poland can legalize bitcoin following countries like Australia, so that more companies can accept BTC.

This is great news, I wish someone like Justeat would follow suit, I remember last year or the year before takeaway.com started to accept bitcoin but since then it has closed and then it looks like it has changed it's purpose to a corporate takeaway.

Definitely great news for Poland as so many people like to order food in.

Appreciate that you're letting us all know.

Simply put, bitcoin is being accepted in more and more locations. It's no longer just restricted to the central hub of the US, China and so on. It has become a global phenomenon. Businesses are legitimately interested in implementing this, whether it is just purely out of the CEO's interest or whatnot or it offers a good alternative to risky credit card processing, or international payment processing.

Although i dont live in poland, i can tell that this is one of the food delivery giants. Probably the equivalent of Foodler/Ubereats in the US. Kudos to them for being open minded about technology, and hopefully others in their country will follow suit and be encouraged to do the same.

Not sure if you have ever used bitpay before or not, I did and speed of the transaction is not an issue here.
If one is using the same wallet address more than once with bitpay than this system recognises the address
and makes the TX very fast. First time will take the usual time for confirmation, obviously fee dependant, however second and so on, transactions will get processed almost instantly. Last time I was using bitpay my TX was accepted in a matter of seconds, the moment it got broadcast in to the network bitpay confirmed it without any actual confirmations, just because my bitcoin address was "trusted". Cool if you as me :) so as the pyszne.pl(it means yummy, delicious) accepting BTC

It's getting more difficult to use bitcoin for daily instant payment because of the huge fee and long transaction's time.
It's good to see this kind of news, by the way.

i love how with all the stalls and whining of random people on the internet bitcoin is still moving forward as expected and the adoption is growing day by day by real businesses who don't care about all the internal drama and whining ;)

I've been using the Belgian version (pizza.be) for years using Bitcoin. If you add a fee that's too low, they will send the payment to the merchant once it's confirmed.
So the restaurant will only receive your order once it's confirmed.

A few days ago, I sent a transaction with a 0.0007 BTC fee and it took around half an hour for the restaurant to accept my order, the day after, I ordered again but added 0.001 BTC fee and it got accepted right away.

Im not sure how this will play out without the lightning network. I can see people complaining about fees or waiting times, specially when Roger Ver starts spamming the network again to demand his RogerCoin fork.

I wouldn't focus on this type of adoption until lightning network is 100% operative but good luck for then.

At least two things are required for that

First, we need price stability like that of major currencies (the US dollar, Euro, etc), and, second, we need fast (preferably, instantly fast) and cheap (preferably, dirt cheap) transactions. There might be other conditions like legal status, worldwide adoption, but these two seem to be first and foremost. Regarding Bitpay fees, do you have to pay any if you are using a Coinbase wallet? It seems that Coinbase and Bitpay are close buddies, so somehow you could expect that they won't charge any fees (at least, no network fees)

We will never have a stable price in bitcoin relation to the dollar, euro and other regular fiat currencies because simply to reach a stable price, you need to manually control the price, which will never happen due the decentralized nature of bitcoin.

So that is out of the picture. If anything, the prices could be pegged to USD, EUR or any other stable currency and adjusted in real time. With LN everything is possible, including the fast and cheap transactions.

This is fantastic news for bitcoin and more importantly the bitcoin community. We will hopefully keep on seeing adoption of bitcoin on a large scale. When this goes mainstream we will see a bubble.

Your story only highlights the difficulties associated with trade in BTC. Many businessmen this just pushes away from crypto currencies. Constantly have to recalculate the price of the goods due to the instability of prices. For buyers too inconvenient that you can enjoy your Breakfast 30% cheaper than dinner, or Vice versa.

I guess this means opening a bitpay account, funding it with bitcoin. After the Tx confirms, you can then order your food. This is the way I understand it. They won't be accepting direct bitcoin payments and transaction fees and the tardy network are still legitimate issues. For quick deliveries you must have the fiat equivalent sitting in your bitpay account.

But this is not required

Or do you really think that someone manually controls the price of major currencies? They all have a free floating exchange rate, i.e. their rate is as it is determined by the free market, by the balance of currency supply and demand. They are stable simply because they have powerful economies backing their purchasing power. Bitcoin is purely speculative, and its value for the most part is only backed by the speculative demand ("buy low, sell high"). If it had real economy behind it, it would be a lot more stable

it has nothing to do with decentralization and i don't understand how LN is related in this context.
the only reason why prices are still pretty volatile is that the market is still pretty small. the prices are still being determined on the exchanges and exchanges don't have enough resistances. when you compare the volumes with some other markets and the demand there you can see bitcoin is tiny.

Having food merchants accepting bitcoin simply means the time where bitcoin can be used to our daily needs is getting near and havong Poland's  largest food delivery accepting Bitcoin is another milestone.  With 5000+ restaurant this sure will give demands to bitcoin and can be a good way to promote and spread news about bitcoins with their employees and automatically employees relatives.

I'm not really sure if it does, since they're using Bitpay, they should get the value of those Bitcoin when the transaction was made, that's just the reason why merchants choose Bitpay.
In this case, when the transaction confirms a bit slower, would they get the value from before or after it confirms?

This could be lead to every one and to think possitve to every people to learned and to know more about bitcoin this is greatest news for poland for those user of bitcoin currency this is like purse.io they are using bitpay for the payment method but if this going to be implemented all over the world let celabrate for bitcoins day.

Lightning Network makes perfect sense here

You may want to read my post above where I said about the two reasons why Bitcoin is not (widely) accepted by merchants. One of these reasons is incredibly slow confirmations and insanely high fees. LN is set to fix both of these issues. Further, it is not clear what you mean by market being still pretty small. If you refer to trading at exchanges (which seems to be the case), no matter how high the price might be, speculation won't mend matters. In fact, it will only exacerbate them since higher prices without real economy backing them can mean only higher volatility. As simple as it gets

Since I'm Polish, I tried this service paying with Bitcoin. Pizza was delivered to me and I think Bitcoin ATM's will become wide in my country. But even of this, it's easy to buy bitcoins. We can top up our local exchange account on the post office and withdraw bitcoins from normal ATM.

Do you have any links as to where you can buy Bitcoin in Poland?  The only two BTC ATMs that I have seen on the 'Net are in Warsaw and Katowice:

https://coinatmradar.com/country/171/bitcoin-atm-poland/

If you can buy or sell BTC at the Post Office and/or regular ATMs, that is wonderful news!  Very advanced too.  "Polska jest najlepsza!"

Please do let us know more.

I think it's not breaking news to some delivery net start to accept bitcoin. It would be breaking news if it would be the first among all this coffee shops and hotels and ect.
Anyway it's bitcoin's promotion and I think it will help to bitcoin's spreading over the world. I am inpatient to see something like that here in my place.

Just posted in a thread saying that bitcoin is soon to be accepted at Burger King in Russia but this is even better.

Bullish!

Although the news is great , I wouldn't buy a pizza with the fees as they are, because it wouldn't be worth it. I love BTC, but i did a quick glance at their average prices and the conclusion is that you can order a pizza for $6 through that site and the fees will be close to $2, so why would I pay that much, 1/3 of the price of a product, just to use BTC?
My choice would be to buy food with fiat and use BTC for larger transactions. If I loved pizza that much and ate it like 3 days a week, that would cost me $24 in fees a month. That's 4 pizzas! Or I could have ~25 beers to was those pizzas down ;D

This is a very good news for us. Adopt other countries reported about the adoption of bitcoin.

And now another rich country will now use bitcoin and take note, it's going to be with the "largest" food delivery.

Demand will become higher again.


Wow that's great!

I must admit that this is really good news. I know that bitcoin has been growing, but to heard that more and more places are starting accepting bitcoin as payment is always good news. Hope this continues, i mean growth of bitcoin. Hope that more countries will follow this example and start using bitcoin. :D

I don't know if there's another thread for this already or someone did posted it already. I just can't do the digging for now. Anyway, anything or any news that comes up with adoption of bitcoin will always be a good news for the crypto market, mostly in the bitcoin society. Expect the price will go up very soon.

Wow great. A few days back I read a news about an airlines in Japan planning to accept bitcoin then today itself read another news about a Russian company accepting bitcoin and now this one comes from Poland. Bitcoin reaching and getting acceptance everywhere in the world a huge boost for the bitcoin and it's believers.

This is some good news and for a company linked with so many food outlets, this will certainly contribute to bringing in new users to the crypto world of bitcoin which should also bring in more demand for bitcoin

Let's put a link to that company:

https://www.pyszne.pl/

Don't know if there are Polish people on this board, though.

It is a good thing to hear that new companies are accepting bitcoin,i am not aware of the company and its potential on how much customer could reach out with their proposal,either way it is a good thing for the bitcoin enthusiast like me to see a company accepting bitcoin as the mode of payment.

This is actually good news for both Poland and Bitcoin now the only thing missing is results in which we need to find out if the inclusion of Bitcoin is a good thing or a bad thing for the company. By including Bitcoin as a mode of payment I think the company accepted more responsibility for accepting another currency, a currency that is volatile now being a food delivery company they are in charge also paying the restaurant for the food the customer delivered, what if Bitcoin at the time of ordering becomes lower than expected? Maybe their technique may be using backup Fiat Currency instead and make Bitcoin as some kind of asset in the company.

Poland stronk! Seriously wasn't expecting something like this from Poland but lately Poland is surprising me every other day.

There is about adopting Bitpay, not BTC.