When will more retailers accept Bitcoin

[Bakukang]

In my country bitcoin is not that widely used.Maybe in the future I hope that I use bitcoins to pay for things that I want to purchase and buy.

[camelson]

No one will tell you precisely when retailers will accept bitcoin but one thing is very certain that one day they will accept bitcoin. Now a days people started investing in bitcoin and in near future most of the people will invest in bitcoin compared to other investments option available.

[RajaJudi]

I do not think that retailers will accept bitcoin due to many reasons. First of all, the price of bitcoin is very high and it makes many people do not want to spend this cryptocurrency. They all believe that holding will give them more chance to be rich. Second, bitcoin is somehow slow and the blockchain of bitcoin cannot manage a huge number of transactions everyday

[appleffi]

Probably the retailers could consider to accept the usage of bitcoin as a medium of exchange if the government or even the higher private groups support the circulation of cryptocurrency in the local trading businesses. When that happens, this will then be recognized as a legit way of exchanging goods and services between parties.

[Kidmat]

We cant tell yet when will be the retailers will accept bitcoin. As bitcoin fluctuates the price up and down so this means there are many things to considered before bitcoin will accept worldwide or even in a particular location. Though Im also hoping it would happen soon.

[hubballi]

Just like Japan when all other country start to legalize the bitcoin then we can see more retailers accepting bitcoin as payment option. It is due to the status of bitcoin it is not able to get more retailers. In my country still bitcoin has not status so their is no stores to accept bitcoin but bitcoin users are so many who are doing trading in bitcoin and other altcoins and earning it and converting to fiat currency and enjoying it.

[bitllionaire]

it may take time for you to interact socially bitcoin to everyone so they know bitcoin and get involved with it, if this is the situation, bitcoin improvement will continue to increase and perhaps numerous stores or any other implies that provide deal solutions with bitcoin.

Bitcoin is getting more popular socially and now it depends on social interest and massive social pressure on government to compel government to accept bitcoin a legal currency in the country because bitcoin will be acceptable in the market being a currency when a government accept and announce formally it a legal currency. Now people accept bitcoin on individual interest basis but it requires government approval and recognition for becoming a part of the market that shopkeepers might accept it as a receipt/payment.

[AMHURSICKUS]

For me they will not accept bitcoin, because of its fluctuating price. Retailers are very intelegent when it comes to business, they will not risk their business in bitcoin. Maybe they are watching it first and see what will happen, but i am still hoping that all of them will accept it, because it would be great for all of us.

[DevilSlayer]

"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.

There are many businesses that are now accepting bitcoin. I think 5 years from now that most of the stores in the world will accept bitcoin as daily payment. I am really believe that the cashless society will happen soon.

[sorrowfulnightcries]

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.

Give it a year , I think bitcoin would be accepted all throughout the world just like in japan and other south east asian countries. Imagine how bitcoin drastically changes from an unknown currency into the highest value currency that we have seen in just a few months. I think bitcoin can do this feat with just another few months.

[Pasaway2701]

Difficult question. But answer is very simple and logical. While all countries will not legalize bitcoin, nothing will change. If great countries will begin officially recognize and legalize bitcoin, then reception of bitcoins in the worldwide will begin. Many countries are afraid of risks, as bitcoin as we know is not stable and full of surprises in the form of money laundering and transfers without any identification.

Right.  The decision comes first to the government.  The time thst retailer have to accept bitcoin as payment depends on its legalisation in one country. But it can be hard because bitcoin has no fix value therefore the payment depends on how high or low the price of bitcoin which can result for your big loss when the price suddenly dumps when the time you have to use it. 

[acener]

"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.

That depends on their competitors. Usually, a business can get desperate to change their ways once their competitors offer a new approach to increase their sales. Right now, Amazon is starting to implement bitcoin, so that could be a stepping stone for others to offer the same services.

[NiceBreeze]

I believe that sellers aren't in a hurry to consider bitcoin because they just have not heard about it however and don't know how to use it. If more purchasers ask about the potential of having to pay bitcoins, then much more retailers will start taking it.

[The Alchemlst]

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.

Its just a matter of time since most of the investors and companies providing campaigns and services starting here are from the other part of the world aside from south east asia, I guess the more services and investors starts using bitcoins then different retailers and small businesses and individual will follow.

[EdenHazard]

Just like Japan when all other country start to legalize the bitcoin then we can see more retailers accepting bitcoin as payment option. It is due to the status of bitcoin it is not able to get more retailers. In my country still bitcoin has not status so their is no stores to accept bitcoin but bitcoin users are so many who are doing trading in bitcoin and other altcoins and earning it and converting to fiat currency and enjoying it.

yes they have recognized bitcoin as a digital currency , that is why they allows a lot of bitcoin exchanges to operate . and with that moves a lot of people start to curious and interested in bitcoin , in the end they feel secure with government regulation.

another country might have to follows japan step? to make citizens feel not insecure instead make an excessive steps like ban bitcoin?

[mikchail]

When we demand it instead than continually asking every single other.  If absolutely everyone in this thread wrote to Amazon it may come about these days.

[alexzorgo]

For dealers in the countries with not clear legal policy in relation to bitcoin there is risk to accept payments in cryptocurrency. In the USA at the moment SEC was already engaged in studying of carrying out ICO regarding violation of the law about securities. Therefore any independent initiative of dealers in the future can turn back for them the bad party. All large companies in condition of expectation of the exact and clear relation of the government to cryptocurrency. They can't risk the reputation especially as implementation of payments in cryptocurrency in the next several years doesn't promise big benefit. And many dealers use acceptance of payments in cryptocurrency only in the marketing purposes.

[heraldlazaro25]

"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 more retailers will accept bitcoin as a way of payment if bitcoin will become more famous around the world. Some retailers will be curious about it and will starr accepting bitcoin as a payment. Also, it depends to their country if bitcoin is legal in their place because there are countries that bitcoin was banned.

[WannaCry]

"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.

Some retailers are scared of accepting bitcoins in their daily transactions because they are not yet aware of the convenience of having bitcoins. It is really convenient if bitcoin is used in transactions, that way retailers can gain more profit if bitcoin price increases.

[Tumanggor]

soon, it is certain that in the future there will be many offline/online stores that accept payment through Bitcoin or another cryptocurrency,
without being taxed, this is very seductive ...