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Author Topic: When will more retailers accept Bitcoin  (Read 17158 times)
mia khalifa
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December 25, 2017, 10:40:50 AM
 #741

"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.

retailers will recognize bitcoin and receive bitcoin payments when retailers already understand what the benefits of having bitcoin and the government in its country has legalized bitcoin.
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December 25, 2017, 11:04:25 AM
 #742

"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.

when government start accepting bitcoin more retailers will accept Bitcoin. it is only time that make bitcoin global acceptable.
japan start this way and all will choose bitcoin
unknown-user
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December 25, 2017, 11:44:14 AM
 #743

"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.
I think there will be more years to come for Bitcoin to be accepted by most of the countries as well as the retailers  Countries are still adaptong digital currencies including Bitcoin and other cryptocurrencies. Since it is now getting more popular, we may expct that it is possible to be legal in many countries approximately 8 years from now

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December 26, 2017, 10:31:02 AM
 #744

There are many country are adoption Bitcoin as a digital currency in their market.And some countries will focus on it and anytime they will be reached a positive decision about legalize Bitcoin.After adopting more countries, Then more retailers will accept Bitcoin.
with many countries starting to accept Bitcoins, they will start enforcing its use if they their benefit in this regard. For example, if a country decides heavily in Bitcoins and invest large amounts in it, then they will force the local market and retailers to transact through Bitcoins. They may offer discounts to retailers by persuading them to use Bitcoins. In this way, Bitcoin can spread like an air.
I think there is no legal news for this bitcoin adoption in any country. and I saw news like in some countries state governament is putting the tax to those who are using bitcoins. When governament will start to earn revenue from this bitcoin transaction that time it will allow retailers to accept bitcoin.
The problem comes when these low businessmen don’t know about bitcoins. If you just make a survey of these normal people who don’t know any technical field and are just casual retailers, they even didn’t hear the name of bitcoins. This is main reason for these people not accepting bitcoins and when bitcoins will totally spread over the world, then results will be much prominent.
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December 26, 2017, 10:36:16 AM
 #745

I think at least it takes 3 years more for retailers accept Bitcoin because the bitcoin's price isn't stable at this moment. It can be grow up insane or drop .
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December 26, 2017, 10:47:54 AM
 #746

it all depends on the government's decision. when the government actually legalizes bitcoin, all the possibilities can happen. but to keep in mind is about the value of the fluctuating bitcoin. when the reteller fixes the current sale price (eg bitcoin value 10 USD) and after a while, the bitcoin price drops to 10 USD. does the reteller not lose by it? maybe if the bitcoin value can be stable, it will be easier for the reteller to put the price.
dobladi
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December 26, 2017, 10:57:02 AM
 #747

"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.
Maybe 10 years from now, most of the dvelopments for Bitcoin will happen such as being legal in most of the countries and to be used by more people. I think this period is enough for Bitcoin to be more indemand by people as what we are seeing today. Ofcourse those who will engage to Bitcoin early will benefit more than those who are late.

alfs75
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December 26, 2017, 11:39:13 AM
 #748

"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.

Will in our nation that would belong in thirds world poor country,i dont remember that there someone retailer or merchandize,or establishment that would accept bitcoins or altcoins as a payment in transacting billing or buying needs or wants.maybe soon if people educate more about bitcoin and the government  will legalize bitcoin in our country maybe thats the time that some department store,establishment,retailers or restaurant would accept bitcoin as a transaction payment.

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Wong Gendheng
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December 26, 2017, 01:50:36 PM
 #749

This is the time, I'm sure if the more popular bitcoin it will make retailers soon receive bitcoin. the thing that still makes many retailers hesitate is the number of users who are still few.
Cryptophorus Columbus
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December 26, 2017, 10:23:48 PM
 #750

There is still too much volatility for bitcoin to be widely accepted.
But in the next future anything will be more stable.
Lupus Solitarius
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December 26, 2017, 11:19:37 PM
 #751

Rules are still unclear, and volatility is high, so many shopkeepers are still wary of cryptocurrency.
But I think that in short time bitcoin will be completely accepted.

Drixy
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December 26, 2017, 11:42:59 PM
 #752

"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.
I think in the 2019 it will be worldly accepted or worldly banned. There's two choices of bitcoin banned or success i smell something fishy about bitcoin and some country tries to do bad about it and probably more but i hope nothing so bad happens to bitcoin.
Rayner77
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December 26, 2017, 11:44:40 PM
 #753

I believe that more business will only accept Bitcoin once they see that is truly a convenient way of transacting. Not like today where people wait literally weeks for their confirmations just because they didn't pay a high enough fee.
davinchi
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December 28, 2017, 07:34:58 AM
 #754

There are many country are adoption Bitcoin as a digital currency in their market.And some countries will focus on it and anytime they will be reached a positive decision about legalize Bitcoin.After adopting more countries, Then more retailers will accept Bitcoin.
with many countries starting to accept Bitcoins, they will start enforcing its use if they their benefit in this regard. For example, if a country decides heavily in Bitcoins and invest large amounts in it, then they will force the local market and retailers to transact through Bitcoins. They may offer discounts to retailers by persuading them to use Bitcoins. In this way, Bitcoin can spread like an air.
I think there is no legal news for this bitcoin adoption in any country. and I saw news like in some countries state governament is putting the tax to those who are using bitcoins. When governament will start to earn revenue from this bitcoin transaction that time it will allow retailers to accept bitcoin.
The problem comes when these low businessmen don’t know about bitcoins. If you just make a survey of these normal people who don’t know any technical field and are just casual retailers, they even didn’t hear the name of bitcoins. This is main reason for these people not accepting bitcoins and when bitcoins will totally spread over the world, then results will be much prominent.
I think the reason is because people don’t believe that Bitcoin can serve as a good method of receiving payment from their customers. They are used to making use of only cash in their retail stores, retails stores that a little more advanced would add up other forms of online banking systems to speed things, but as for Bitcoin, they won’t ever think of stepping a foot into it.
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December 29, 2017, 04:16:03 AM
 #755

"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 known for its price going up and down. Price is the reason why retailers are not accepting payment yet. They don't want to lose any money when bitcoin price goes down. They won't take any risk for a small amount money. Maybe Japan will make them believe on bitcoins.If they can be successful other retailers will follow.

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Jaydis
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December 29, 2017, 04:27:02 AM
 #756

that is impossible in other countries if there is no taxes to be collected, other business men will not agree at the same time.
dogz12
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December 29, 2017, 04:32:33 AM
 #757

"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.
If only all countries around the worl is as progressive and is as advanced as japan is then goodbye fiat money and hello to cryptocurrencies.
markk94
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December 29, 2017, 04:43:01 AM
 #758

that depends on the regions that we will discussed for its matter. when in region X, bitcoin already recognized and proofed that could be used for payment tool. then, many retailers will accept bitcoin for payment. just the matter of time, i think  Smiley
maxj57634
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December 29, 2017, 04:48:53 AM
 #759

that depends on the regions that we will discussed for its matter. when in region X, bitcoin already recognized and proofed that could be used for payment tool. then, many retailers will accept bitcoin for payment. just the matter of time, i think  Smiley

The proof is there that bitcoin can be used as a payment tool for paying for goods that you want to buy and for paying your staffs for doing their jobs.
The only problem is that the volatility and the scalability of bitcoin is what keeping investors from incorporating bitcoin in their business.
EinaiOraCoinDev
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December 29, 2017, 07:26:47 AM
 #760

If the transaction fees keep being as high as they are right now, they are never going to accept bitcoin just because of that. Maybe if the ln gets implemented smoothly in here, a lot of retailers, eshops, and physical shops are going to start accepting bitcoin
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