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Author Topic: Restaurants accepting bitcoin!  (Read 55647 times)
Wandering Soul~
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May 01, 2017, 12:05:54 PM
 #241

This is too far from happening here in my country but not impossible to happen. If they can implement this bitcoin as a payment then paying on restaurant is much easier and it is just like credit cards. Unless my country fully utilized the benefits of bitcoins then it will be a bigger help in other industries as well.
I don't think it will be much easier to pay in bitcoins on restaurant cause as you already know we are having a problem with confirmation time . Paying in credit/debit card takes a minute but bitcoin takes at least 3 minutes to confirm a block assuming that you pay a high priority fee . If the miner fee and confirmation time didn't improve itself, restaurants accepting bitcoin might be difficult to make it happen .

It can totally have an issue just like that if you are gonna pay directly with bitcoin but I think they are aware of this problem and will think ahead of a solution for this kind of problem, but if not it is still OK if you convert your bitcoin with Fiat then your problem is solve, but regarding some restaurant or merchant that will accept bitcoin I think they have a solution for this!
Just think about how to be in those countries where Bitcoin has not legalized, yet that every businessman who is going to have to deal with Bitcoin has to pay taxes , And how to be restaurants , paying for services in Bitcoin , How to register all income and expenses?
In some countries bitcoin is not a money but a commodity that's why it can't be taxed but then again in a certain restaurant it is treated as a money so yes things can get pretty complicated . In the end if your country has a friendly view on bitcoin it might not get hard on you . So paying taxes, registering things and other stuffs depends per country .

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marketone
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May 01, 2017, 12:30:27 PM
 #242

This is too far from happening here in my country but not impossible to happen. If they can implement this bitcoin as a payment then paying on restaurant is much easier and it is just like credit cards. Unless my country fully utilized the benefits of bitcoins then it will be a bigger help in other industries as well.

I hope in future you can able to use bitcoin for paying in restaurants because still, there are many people afraid of these government rules and regulation. Once government approves not only in restaurants we can able to pay many outlet stores through bitcoin.
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May 01, 2017, 08:25:50 PM
 #243

This is too far from happening here in my country but not impossible to happen. If they can implement this bitcoin as a payment then paying on restaurant is much easier and it is just like credit cards. Unless my country fully utilized the benefits of bitcoins then it will be a bigger help in other industries as well.

I hope in future you can able to use bitcoin for paying in restaurants because still, there are many people afraid of these government rules and regulation. Once government approves not only in restaurants we can able to pay many outlet stores through bitcoin.

But do you really think that Government will support bitcoins in future and that creates a big question mark on the future of bitcoins as there are also chances that Government will completely ban bitcoins and in that case we won't be able to use them anywhere.
@prashant
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May 02, 2017, 05:06:52 AM
 #244

This is too far from happening here in my country but not impossible to happen. If they can implement this bitcoin as a payment then paying on restaurant is much easier and it is just like credit cards. Unless my country fully utilized the benefits of bitcoins then it will be a bigger help in other industries as well.

I hope in future you can able to use bitcoin for paying in restaurants because still, there are many people afraid of these government rules and regulation. Once government approves not only in restaurants we can able to pay many outlet stores through bitcoin.

But do you really think that Government will support bitcoins in future and that creates a big question mark on the future of bitcoins as there are also chances that Government will completely ban bitcoins and in that case we won't be able to use them anywhere.
i dont think so, government will never allow any virtual currency to be its payment method.they can still use blockchain technology but no virtual currency.goverment needs taxes full fill its need ,which can only be taken through fiat or digital currency with transaction record.
spngebob
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May 02, 2017, 08:36:06 PM
 #245

This is only for usa restaurants  Sad
I would like to see map for europe restaurants as well.
Orion25
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May 03, 2017, 07:29:12 PM
 #246

This is only for usa restaurants  Sad
I would like to see map for europe restaurants as well.
As one friend of mine said that the most profitable business to date is shops or restaurants catering and at the same time pharmacies. In a word people eat, then get sick, then they are treated. In short, my infrastructure is the one that has the greatest demand today.
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May 05, 2017, 01:56:08 PM
 #247

In my city  there are many restaurants that are accepting bitcoin ..I have seen few coffee shops around my city that accepting bitcoin for the payments but i don't trying to go to that coffee shop, maybe some other time i will trying too. its good to see that if there are restaurants accepting bitcoin, i imagine it will more easy to buy some food in that place.
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May 05, 2017, 02:15:04 PM
 #248

In my city  there are many restaurants that are accepting bitcoin ..I have seen few coffee shops around my city that accepting bitcoin for the payments but i don't trying to go to that coffee shop, maybe some other time i will trying too. its good to see that if there are restaurants accepting bitcoin, i imagine it will more easy to buy some food in that place.

May I know you are which country, many people are simply saying that bitcoin-accepting in my country for simply give post in the thread. If you could able to provide the link those coffee shops site means that would be helpful for the people around location who is being active in the bitcoin tech.
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May 05, 2017, 02:25:28 PM
 #249

This is too far from happening here in my country but not impossible to happen. If they can implement this bitcoin as a payment then paying on restaurant is much easier and it is just like credit cards. Unless my country fully utilized the benefits of bitcoins then it will be a bigger help in other industries as well.
I don't think it will be much easier to pay in bitcoins on restaurant cause as you already know we are having a problem with confirmation time . Paying in credit/debit card takes a minute but bitcoin takes at least 3 minutes to confirm a block assuming that you pay a high priority fee . If the miner fee and confirmation time didn't improve itself, restaurants accepting bitcoin might be difficult to make it happen .

It can totally have an issue just like that if you are gonna pay directly with bitcoin but I think they are aware of this problem and will think ahead of a solution for this kind of problem, but if not it is still OK if you convert your bitcoin with Fiat then your problem is solve, but regarding some restaurant or merchant that will accept bitcoin I think they have a solution for this!
Just think about how to be in those countries where Bitcoin has not legalized, yet that every businessman who is going to have to deal with Bitcoin has to pay taxes , And how to be restaurants , paying for services in Bitcoin , How to register all income and expenses?

If those country is not legalize and you only have bitcoin to make payment then you need to convert your bitcoin to fiat that is easy for that kind of problem and this country that are on the outfield of bitcoin you are the one who needs to adjust for this kind of situation, and certainly restaurants doesn't need to register and establish it's own wallet for bitcoin because you have bitcoin, they are doing business as usual and using the currency they are fond off is what they are gonna implement.
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May 05, 2017, 03:40:27 PM
 #250

If the restaurant was accepting Bitcoin in exchange of their services, it is good to all users because it is easy to send a reservation without consuming time and gasoline. Also, if you have a date or appointment it is good that Bitcoin can easily communicate for the service of restaurants.
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May 06, 2017, 08:02:46 PM
 #251

In my city  there are many restaurants that are accepting bitcoin ..I have seen few coffee shops around my city that accepting bitcoin for the payments but i don't trying to go to that coffee shop, maybe some other time i will trying too. its good to see that if there are restaurants accepting bitcoin, i imagine it will more easy to buy some food in that place.

May I know you are which country, many people are simply saying that bitcoin-accepting in my country for simply give post in the thread. If you could able to provide the link those coffee shops site means that would be helpful for the people around location who is being active in the bitcoin tech.

I guess starbox is using bitcoin and accepting for their transaction. I want to try this thing but I am afraid about the fee because for sure they need assurance to have it so to be assured you have to pay high fee so the transactions will be fast.

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May 07, 2017, 05:06:01 AM
 #252

In my city  there are many restaurants that are accepting bitcoin ..I have seen few coffee shops around my city that accepting bitcoin for the payments but i don't trying to go to that coffee shop, maybe some other time i will trying too. its good to see that if there are restaurants accepting bitcoin, i imagine it will more easy to buy some food in that place.

May I know you are which country, many people are simply saying that bitcoin-accepting in my country for simply give post in the thread. If you could able to provide the link those coffee shops site means that would be helpful for the people around location who is being active in the bitcoin tech.

I guess starbox is using bitcoin and accepting for their transaction. I want to try this thing but I am afraid about the fee because for sure they need assurance to have it so to be assured you have to pay high fee so the transactions will be fast.
Yeah i think that is one of the recommendation of one restaurant if they accepting bitcoin as their payment the fast transaction with higher fee. And mate here in my country starbucks are not accepting bitcoin i think in your area is a pilot test if that would be successful then they will required all starbucks will start to accept bitcoin.
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May 07, 2017, 07:21:00 AM
 #253

This is too far from happening here in my country but not impossible to happen. If they can implement this bitcoin as a payment then paying on restaurant is much easier and it is just like credit cards. Unless my country fully utilized the benefits of bitcoins then it will be a bigger help in other industries as well.
I don't think it will be much easier to pay in bitcoins on restaurant cause as you already know we are having a problem with confirmation time . Paying in credit/debit card takes a minute but bitcoin takes at least 3 minutes to confirm a block assuming that you pay a high priority fee . If the miner fee and confirmation time didn't improve itself, restaurants accepting bitcoin might be difficult to make it happen .

you have a point mate. this can only be happen if and only if someone will be willing to pay MORE and pay HIGHER fee in order to have a faster confirmation. and i dont think so that many will be happy to do this. we all know that people will prefer more in sending bitcoins for free than paying any transaction fees.



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May 07, 2017, 08:23:27 AM
 #254

i thought it would start near the airports, because i assumed that other countries would jump on btc first, it appears that the USA is a strong fore runner
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May 10, 2017, 03:50:51 PM
 #255

I think that restaurants accepting bitcoin is a cool and great feature/idea because its fast and easy and also no one likes pulling out the cash
@prashant
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May 10, 2017, 06:22:47 PM
 #256

I think that restaurants accepting bitcoin is a cool and great feature/idea because its fast and easy and also no one likes pulling out the cash
I think other payment option are much faster and instantaneous as compared to bitcoin.bitcoin is only investment asset.it is not that you can use in daily life or for micro payments.
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May 11, 2017, 06:37:00 AM
 #257

I think that restaurants accepting bitcoin is a cool and great feature/idea because its fast and easy and also no one likes pulling out the cash
I think other payment option are much faster and instantaneous as compared to bitcoin.bitcoin is only investment asset.it is not that you can use in daily life or for micro payments.
If the delay in confirmation is out of place then bitcoin can be using for micro payment. We should understand that the major reason why bitcoin is decentralized is for micro payments'! were bank would charge you high for transactions bitcoin charge almost nothing for the same transactions.
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May 18, 2017, 12:36:11 PM
 #258

Wow this is a new breakthrough in the culinary world. It will be nice to eat something without worrying about the cash you bring.
I think it should be available in the place with high tourist visits, because you know not all the people is knowing bitcoin. So it would be more efficient if it create in some place that more people know it
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May 18, 2017, 12:59:54 PM
 #259

As several users quoted the confirmation delay is one of the reason that bitcoin acceptance is not that effective at times. This needs to be sought out. In the past Brazil was found to have more restaurants​accepting bitcoin, now this Japan might have taken the lead with the legalized acceptance.
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May 20, 2017, 06:09:34 PM
 #260

I think that restaurants accepting bitcoin is a cool and great feature/idea because its fast and easy and also no one likes pulling out the cash
I think other payment option are much faster and instantaneous as compared to bitcoin.bitcoin is only investment asset.it is not that you can use in daily life or for micro payments.
yes that is very right to say i think bitcoin is only good for macro payment and not for micro. for example if i want to  recharge my mobile using bitcoin then i have to pay as double fee as compare to recharge payment. therrefore it is more expensvie for micro payment.s
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