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October 16, 2017, 07:50:57 PM |
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When Ceo's start to read about bitcoin and blockchain technologies then we will see more of them start to use bitcoin.
Its all authorities war with decentralizing. This is the biggest challenge.
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Unlike traditional banking where clients have only a few account numbers, with Bitcoin people can create an unlimited number of accounts (addresses). This can be used to easily track payments, and it improves anonymity.
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maku
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October 16, 2017, 08:08:27 PM |
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When Ceo's start to read about bitcoin and blockchain technologies then we will see more of them start to use bitcoin.
I wouldn't be so sure about it - first and foremost, what is the best argument for bitcoin? That this currency is widely popular? Rather not. People are reluctant to use Bitcoin because they are hoping that in the future their coins will be far more expensive. This is something which keeps mass bitcoin adoption from happening. There is no CEO who will accept BTC knowing that barely anyone will be using this payment method. |
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megynacuna
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October 16, 2017, 10:27:46 PM |
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When Ceo's start to read about bitcoin and blockchain technologies then we will see more of them start to use bitcoin.
I wouldn't be so sure about it - first and foremost, what is the best argument for bitcoin? That this currency is widely popular? Rather not. People are reluctant to use Bitcoin because they are hoping that in the future their coins will be far more expensive. This is something which keeps mass bitcoin adoption from happening. There is no CEO who will accept BTC knowing that barely anyone will be using this payment method. Exactly, that is why there is the need for us all to push for it by establishing businesses and accepting bitcoins. We ought to become the CEO's so that we can start this revolution of bitcoin acceptance globally. |
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Fireblade
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October 16, 2017, 10:42:07 PM |
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I think that we will see as much more retails will accept crypto curriencies as a payment method in the closest future. It will became more realistic as we see services for merchants which help them to accept crypto coins and receive fiat money at their bank accounts. It already doesn’t look like fantastic.
The is not retailers that they are accepting it as method of payment because if the Start selling items through bitcoin SO how they will purchase items from their supplier. So before retailers the manufacturers are required to use bitcoin for trade. Before retailer / supplier for retailer Before supplier / government So if government accept it as currency then supplier will use it for import of raw material after manufacturing supplier will take bitcoin from retailer and retailer will offer the goods in bitcoin. Government will pay wages in bitcoin who will purchase items from retailer. retailer will make payment for supplier and supplier will give tax to governments in bitcoin. |
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MMA
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October 16, 2017, 10:57:26 PM |
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When Ceo's start to read about bitcoin and blockchain technologies then we will see more of them start to use bitcoin.
I wouldn't be so sure about it - first and foremost, what is the best argument for bitcoin? That this currency is widely popular? Rather not. People are reluctant to use Bitcoin because they are hoping that in the future their coins will be far more expensive. This is something which keeps mass bitcoin adoption from happening. There is no CEO who will accept BTC knowing that barely anyone will be using this payment method. I am agree with you but I will add something new in your opinions. At present the value of bitcoin is in the dollar and bitcoin is trying to vanish dollar and other local paper currency so it is like to cut the bunch on which you are sitting. First bitcoin has to develop its own value just like gold and it is mandatory for bitcoin to be legalized and form it place in term of payments. The second problem is its security from hackers and command in other hands. |
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Pettuh4
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October 16, 2017, 11:05:55 PM |
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When Ceo's start to read about bitcoin and blockchain technologies then we will see more of them start to use bitcoin.
Its all authorities war with decentralizing. This is the biggest challenge.
Yes it all starts with education and public awareness, lets take it that bitcoin is now evolving and many people around the world are yet to come to terms with it's operations and so we should be patient and wait for the new generation to fully take over and all ceo's and merchants who are tech savvy will start accepting bitcoin effortlessly. |
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Foromany
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October 17, 2017, 01:01:10 PM |
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Effectively, it's a slow procedure progressively, gradually. As you may possibly know, new technologies take time prior to it receives adopted by the standard populace. On the internet organization house owners and organizations are constantly on the aspect of keeping away from conversing risk far more specially when it arrives to accepting income and transactions on the internet. So, slowly they may employ the bitcoin payment program but it may get time eventually until finally they entirely realize the positive aspects.
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Harlot
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October 17, 2017, 03:48:51 PM |
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When bitcoin can afford a lot of transactions, right now it can't as the confirmation take so long (10-15 minutes). If this problem is solved and bitcoin is regulated at the country where the merchant is located, it won't take long until they will accept bitcoin.
Do you really think that a delay of ten to fifteen minutes is a very big delay,i really do not think so,the only solution we have to find out is the double spend problem and if you could figure that out then you could start accepting bitcoin with zero confirmation .  I waiting for a time when amazon starts accepting bitcoin and if they do it would be great. Yes, I think it's way too long when you can pay by other electronic means within a few seconds. And I've seen delays much longer than 10-15 minutes. A few months ago, I did a bitcoin transfer between my wallet and an exchange. I paid the recommended fee, which I later confirmed to be reasonable at that time for the transaction size. It took more than 24 hours to get a single confirmation! That is completely unacceptable. Yeah, we need to spend much time to wait our transaction confirm when we use it to purchase. By this problem, I remember many retailers lossed many money because some buyer use this problem to create double spending, and the result ... maybe, you know  Transaction in bitcoin of current price is slow.But if the technology developed means, the transaction of bitcoin will be very fast. And one more thing is low purchase retailers are not accept the high value Bitcoin for 5-10$ and all.If the bitcoin replace the dollar means, the retailers also accept bitcoin. Bitcoin is really not meant for on the line transactions such as when you are ordering food in a fast food chain, and in order for them to to receive the payment instantly you will need to increase your transaction fee and by doing so you are incurring additional cost compared to using other modes of payment. For me Bitcoin is better of being a currency that is used online where you can buy stuff and later on be ship in your place. I wouldn't recommend Bitcoin being use in physical stores. |
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ToyotaFortuner
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October 17, 2017, 04:16:25 PM |
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"Japan: No Bitcoin Tax, Thousands of Stores to Accept the Cryptocurrency" article published July, 5, 2017 https://edgylabs.com/2017/07/05/japan-no-bitcoin-tax-stores-accept-cryptocurrency/"AirRegi is a widely used, tablet-based point-of-sale app in Japan. Currently, around 260,000 establishments, stores, and commercial facilities use this proprietary app to accept payments from their clients." It makes sense that a transition to accept bitcoin would be underway for more US-based stores. all will receive bitcoin and do not include taxes when everyone knows how fortunate they are to make payments with bitcoin, unfortunately everyone still do not know about bitcoin technology, if everyone already know the true bitcoin transaction it will automatically receive a lot of bitcoin. |
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Duogembrot
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October 17, 2017, 05:45:16 PM |
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"Japan: No Bitcoin Tax, Thousands of Stores to Accept the Cryptocurrency" article published July, 5, 2017 https://edgylabs.com/2017/07/05/japan-no-bitcoin-tax-stores-accept-cryptocurrency/"AirRegi is a widely used, tablet-based point-of-sale app in Japan. Currently, around 260,000 establishments, stores, and commercial facilities use this proprietary app to accept payments from their clients." It makes sense that a transition to accept bitcoin would be underway for more US-based stores. bitcoin is still unknown to all the people on earth, we take a simple example if everyone on earth already knows the benefits of bitcoin then everyone wants to have bitcoin and receive bitcoin as legitimate payment, and automatically bitcoin will be more expensive because market demand which increases but the total supply is limited. |
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cryptoalfs76
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▰▰▰ MODULE ▰▰	
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October 19, 2017, 02:47:17 PM |
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"Japan: No Bitcoin Tax, Thousands of Stores to Accept the Cryptocurrency" article published July, 5, 2017 https://edgylabs.com/2017/07/05/japan-no-bitcoin-tax-stores-accept-cryptocurrency/"AirRegi is a widely used, tablet-based point-of-sale app in Japan. Currently, around 260,000 establishments, stores, and commercial facilities use this proprietary app to accept payments from their clients." It makes sense that a transition to accept bitcoin would be underway for more US-based stores. In europe and western countries many retail stores are accepting bitcoin as payment an alternate to paper money ,but here in our country i did not hears some retail outlet or stores accepting bitcoin as there payment,but soon maybe someday all department stores accept bitcoin as payment when time government regulate the world of crypto currency. |
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Blockfolioz
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October 19, 2017, 02:50:19 PM |
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As in a quote the bitcoin's offline usage is found much over the western countries rather than the Asian countries. Un terms of user network Asian holds the increased users as well the increased mining operations.
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ekoice
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October 19, 2017, 05:44:43 PM |
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Retailers face two problems in accepting bitcoin as payment.
1.Its volatile nature
2.Not being yet legalized by the governments.
Retailers find bitcoin volatility as the biggest issue in accepting bitcoin as payment.If a retailer accepts bitcoin for selling a product,then if the customer returns the same product after two days and if bitcoin price decreases,the customer would not agree to accept bitcoin back and if the bitcoin price increases,then retailer would not be ready to pay back the customer in bitcoin.
Retailers fear that if they accept bitcoin as payment and if one day,suddenly the government bans bitcoin,then all of their bitcoins would become worthless.That's why,around 250,000 retailers now accept bitcoin as payment immediately after japan legalized bitcoin there.
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LordDisick
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October 20, 2017, 01:55:55 AM |
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I wish I could spend my bitcoins locally or even in my country at all (easily). Although it has helped me hang onto them and earn quite a bit over the years.
Same goes with my country. We are thankful Japan has started accepting bitcoins and it can be the start to make the range of bitcoin wider. Sooner or later, when many of the people in our countries are familiar with bitcoins, maybe some retailers and companies are already accepting bitcoin as payments. Bitcoin is quite known in our country today but there are still no retailers,businesses and merchants accepts bitcoin as of now maybe they are still studying how to apply it as a payment method but I'm quite sure it will take years for our country to adapt bitcoins as mode of payment. What we usually do here is to sell our bitcoin to our local currency which is a bummer because the exchange rate is quite low. I hope sooner we can directly spend bitcoin anywhere. |
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Flor1982
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October 20, 2017, 02:13:33 AM |
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"Japan: No Bitcoin Tax, Thousands of Stores to Accept the Cryptocurrency" article published July, 5, 2017 https://edgylabs.com/2017/07/05/japan-no-bitcoin-tax-stores-accept-cryptocurrency/"AirRegi is a widely used, tablet-based point-of-sale app in Japan. Currently, around 260,000 establishments, stores, and commercial facilities use this proprietary app to accept payments from their clients." It makes sense that a transition to accept bitcoin would be underway for more US-based stores. Many Retailers and establishments will accept bitcoin if the country will legalize it then this will be the start where bitcoin will be widely popular in their area because it will be widely legally advertise with the help of the government too. If a certain retailer will accept bitcoin it will double their costumers from booth paper money and bitcoin holders which resulting to a potential increase of their incomes because the volume of their costumers are increased. This will not be possible if the government will not support bitcoin. |
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jaysabi
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★777Coin.com★ Fun BTC Casino!
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October 20, 2017, 02:49:47 AM |
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When Ceo's start to read about bitcoin and blockchain technologies then we will see more of them start to use bitcoin.
Its all authorities war with decentralizing. This is the biggest challenge.
The biggest challenge is the instability of bitcoin's price. It's impossible to store value in bitcoin reliably because the value changes so drastically. Businesses can't afford to conduct business in a currency that could drop so far as to wipe out the profit margin for the business. It's not the businesses themselves that are the problem, it's the volatile nature of bitcoin. Businesses will follow the money. If bitcoin stabilizes and it's cheaper than traditional payment methods, you'll see a lot more retail adoption. But don't expect it in the current environment bitcoin resides. |
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congresowoman
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October 20, 2017, 03:05:58 AM |
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I think more retailers will accept bitcoin if its value will be more stabilized. Especially now that the value is deflating every day. So maybe more retailers are still waiting on what will happen after the hard fork. Retailers are businessmen who are not ready to risk when it comes to transacting with bitcoins. They will need more time to be convinced to accept btc. It's good to invest in bitcoin if you are investing for long term but retailers need cash to run their business.
Hmm. I think this is of normal occurence. Even paper fiat becomes volatile when it comes to price. It has undergone series of inflation and dlation as time passes by. For bitcoin to be accepted in the retail world, the retailers themselves must be open for it. They must experience how bitcoin works and earns so that they will not be hesitant to use bitcoin as medium for trading. |
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putrisa
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October 20, 2017, 03:29:58 AM |
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"Japan: No Bitcoin Tax, Thousands of Stores to Accept the Cryptocurrency" article published July, 5, 2017 https://edgylabs.com/2017/07/05/japan-no-bitcoin-tax-stores-accept-cryptocurrency/"AirRegi is a widely used, tablet-based point-of-sale app in Japan. Currently, around 260,000 establishments, stores, and commercial facilities use this proprietary app to accept payments from their clients." It makes sense that a transition to accept bitcoin would be underway for more US-based stores. all will receive payment with bitcoin when all retailers already know the advantages of having bitcoin, but for now still less knowledge about bitcoin to retailers. |
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matchi2011
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Buy $BGL before it's too late!
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October 20, 2017, 04:07:58 AM |
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"Japan: No Bitcoin Tax, Thousands of Stores to Accept the Cryptocurrency" article published July, 5, 2017 https://edgylabs.com/2017/07/05/japan-no-bitcoin-tax-stores-accept-cryptocurrency/"AirRegi is a widely used, tablet-based point-of-sale app in Japan. Currently, around 260,000 establishments, stores, and commercial facilities use this proprietary app to accept payments from their clients." It makes sense that a transition to accept bitcoin would be underway for more US-based stores. all will receive payment with bitcoin when all retailers already know the advantages of having bitcoin, but for now still less knowledge about bitcoin to retailers. The longer this bitcoin surge goes on the more people will be into it, and that means that more transactions will be done using bitcoin. We've already heard about major companies like amazon planning on accepting bitcoin and if that pushes through, then it will make smaller retailers be confident about bitcon deals |
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nelsledma
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October 20, 2017, 08:07:25 AM |
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I think that we will see as much more retails will accept crypto curriencies as a payment method in the closest future. It will became more realistic as we see services for merchants which help them to accept crypto coins and receive fiat money at their bank accounts. It already doesn’t look like fantastic.
Bitcoin is a currency which as the potential to become worlds global currency and accepted globally. As many of the people are unknown to bitcoin they cannot use it. but still it is spreading very quickly in the world as more any more people are taking interest in them. but still many big company like google and amazon have started taking interest in them and using it for there profit. bitcoin is the best way to earn money online and it is better for safe and secure transactions also. |
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