When will more retailers accept Bitcoin

[bobitza]

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.

I think this is unlikely. Is bitcoin stable and persistent so that people can trust bitcoin. At present, the price of bitcoin increases abnormally, causing many people to worry about it. It would be hard for stores to accept bitcoin payments.

[1714584465]

1714584465

[1714584465]

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[keeee]

"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.

More retailes will accept bitcoin as a way of payment in the future if the bitcoin will continue to get popular by its increasing price. They will realize that bitcoin is good to use and they can earn profit to it . Not only that, they will also experience fast transaction of money.

[ghost424]

I guess retailers and small businesses will start accepting bitcoin if they are taught on how to use bitcoin and a lot of people in the community must be knowledgeable about bitcoin so they can start using it. If this happens, then lot of business creations will have a capital of bitcoin.

[flower1024]

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.

[Charisse1229]

It would really still depend on a particular country if they would do have the same views about bitcoin and we all know that not all countries do have the same views and perspective about bitcoin. And i think we do not need more retailers to accept bitcoin when the number of bitcoin users is still very small. We do not need that becuase we can handled itself. Someday bitcoin become papular in the whole world.

[Choyor]

What happens in my country is the unavailability of services that receive Bitcoin as a means of payment, be it shop, transfortasi, or salary of employees. so Bitcoin users can only redeem their BTCs into cash only. until when all this will last, maybe until later until the developers of business see progress Bitcoin better and common in use in my country.

[azguard]

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.

You probably right on this one. Think that this is how they see this problem maybe as a solution but think that many wont like this options as solution.
Think that this will be only some start up model for some future let say this "negotiation" for bitcoin usage globaly.

[Andre#]

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.

You probably right on this one. Think that this is how they see this problem maybe as a solution but think that many wont like this options as solution.
Think that this will be only some start up model for some future let say this "negotiation" for bitcoin usage globaly.

In my opinion, just the retailer accept to pay the government tax when they use Bitcoin as payment method, I think it is very easy to make this future become the truth.
The government worry their power can be affected by the existention of Bitcoin in payment system, so, they banned it before this situation happens.

[Zabrielle]

In Japan there are plenty retailers accepting bitcoin. Oh well bitcoin all started there. In my countries not yet. Not even a single retailer is accepting bitcoin yet. I heard in some other countries some retailer are beginning to recognize bitcoin as a payment. In regard with government, maybe they will allow bitcoin as payment as long as it will be tax. So far in my country the government is not having a violent reaction hehehe. For sure the government in my country knows that the people are doing bitcoin and its rampant. In fact bitcoin people looking forward that one of this day we can use this to pay for our bills.

[Andrej Peiboski]

There is still a lot of suspicion about bitcoin; in Europe shopkeepers are scared by fiscal authority, as there is still no clear regulation.

[reymartH]

It turns out Businesses and Governments from around the World are slowly accepting Virtual Currencies, as they partner up with upcoming Third-party Bitcoin services that act as middleman to facilicate the exchange of Cryptocurrency directly to Fiat Currency.

[azguard]

There is still a lot of suspicion about bitcoin; in Europe shopkeepers are scared by fiscal authority, as there is still no clear regulation.

Mostly all are afraid of using bitcoin in any way. Regulations are easy to bypass but sometimes it turn to be knife in back. Maybe main reason for this may be that bitcoin is not accepted by any government and they still see bitcoin as illegal activity for everything. If this changes to better then we could see some improvement.

[gunungkembar]

"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 receive payments using bitcoin when bitcoin prices stabilize and when retailers understand the benefits of making payments using bitcoins.

[MAJICOIN]

for me it is important to use bitcoin for buying of some products and services and some of the users are using bitcoin as the profit margin for them they are happy when the prices are high and they are sad when the prices become fall. the retailers in our country are not accepting bitcoin as regular payment for them. i think in the future they will understand the value of bitcoin and the use of this coin will convince the retailers for the acceptance.

[kyanscadiel]

"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 it will take more and more years before it is finally accept by all retailers as a mens of payment.  We all know that bitcoin is not yet legal by other countries and in fact there are vountries that ban the use of bitcoin. Government will have to legalize it first before we see retailers accept bitcoin.

[Dazler]

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.

You probably right on this one. Think that this is how they see this problem maybe as a solution but think that many wont like this options as solution.
Think that this will be only some start up model for some future let say this "negotiation" for bitcoin usage globaly.

Perhaps it is not like this but if our government will accept bitcoin and they will make bitcoin legal then they will accept bitcoin. Bitcoin acceptance and usage increase with its legal and proper use. Bitcoin will be higher in future so retails will accept bitcoin and they will invest in bitcoin with high strategy and with high demand. Now several countries are working with it and are making bitcoin as legal currency.

[L00n3y]

"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 all countries around the world is as rich and as modern as Japan then maybe majority of retailers have already accepted bitcoin. Accessibility is a big problem with bitcoin. A lot of small businesses in underdeveloped countries does not have the technology to engage with bitcoin.

[Similificator]

The key drivers for mass adoption of Bitcoin amongst commercial subjects are two - lower volatility of Bitcoin and friendlier legal and compliance standards. We are still far from such an adoption, I would say that Bitcoin nowadays is rather asset to speculate on than currency to pay with

I agree. This really is something i am sure no one can ever argue about. No matter how much we like bitcoin and our other favorite currencies in the crypto world, this facts always slaps us in the face reminding us that we are still quite far from using these crypto currencies as real currencies and not just an investment to fatten pockets of greedy people.

[azguard]

Japn was and still is one step ahead from everything. They dont fear any risk and they only go forward not backward. This is something that is happen from end of WWII, from that point they go only forward in so many way and they are probably most technological strong nation in the world. They have evrything you need and they are alwats ahead of time in many ways. For them as nation to accept bitcoin was something that no one could say it is possible and they done it.

Maybe they will be first nation who will create some new coin that will completly change crypto today maybe not, but I cant say that this is happen would surprise me at all.

[Gringoblin67]

Most retailers are afraid of Bitcoin's unstable nature. Yes, the price could climb so fast it would make them unimaginably rich, but the other way around is also a possibility which isn't really good for business.