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Author Topic: When will more retailers accept Bitcoin  (Read 17156 times)
torch2121
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February 15, 2018, 12:54:34 PM
 #861

I am hoping to know what are the retailers here in the Philippines accept Bitcoin. I want to start now, cashless society. Having myself as a walking bank.

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Marco Ambrusini
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February 15, 2018, 02:05:41 PM
 #862

What we need most now is massive education about bitcoins and its several benefits as compared to fiat.here in canada some kfc outlets and personal retailers have started accepting btc because they are well informed and they fully understand the impact.
Fretcy
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February 15, 2018, 02:57:26 PM
 #863

There are chances for mass adoption of bitcoins all over the world and bitcoins will be acceptable by all retailers in such a situation due to mass adoption of the bitcoins world wide will help to move to a digitized world and everything will be made easy through out the world be it online and offline transactions and purchase of products and services in exchange of bitcoins. In US, Canada, Japan, Singapore and South Korea accept bitcoins for offline purchases and online purchases and certain Universities have started accepting bitcoins for payment of fees. Bitcoins has brought a revolutionary change in the financial market and there are chances for the bitcoins  to be in the mainstream or a one world currency.

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Future3000
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February 15, 2018, 03:03:41 PM
 #864

When the crypto zone will be founded officially. Check Freezone one, they are already communicating with countries on it
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February 16, 2018, 01:56:40 PM
 #865

The report doesn't say which three retailers accept Bitcoin, but it's not very hard to guess—one is likely Overstock, which has been strongly advocating Bitcoin since 2014. But the largest online stores—Amazon, Wal-Mart, Apple—still do not accept direct payments with any cryptocurrency.
OracionSeis
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February 18, 2018, 05:14:24 PM
 #866

"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 develop countries used bitcoin facilities but other retailers used cash for their bussiness bitcoin is a long term.They are needed to convince more in order to accept bitcoin..Price is still volatile.But in time more retailers will accept to use as there transaction
The retailers need to calculate careful the value of Bitcoin when they accept Bitcoin for payment. Maybe, they can decreases the Bitcoin value ~ $100 (or more than that amount)/BTC/order for the realtime price. Because the  Bitcoin price is unstable, its value always ups and downs.

Time off to sleep ... ( ̄︶ ̄)~
Andrej Peiboski
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March 16, 2018, 10:09:50 PM
 #867

Shopkeepers will be willing to accept bitcoin only when the price will be stable and the legislation clear.
Until then, only a few pioneers will use it.

thecoder2017
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March 17, 2018, 02:25:28 PM
 #868

When price of bitcoin will become stable maybe more retailers will be accepting bitcoin as payment and they are looking forward to that.
Biasaae
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March 17, 2018, 02:44:46 PM
 #869

Some countries accept their payments through Bitcoin because they are smart if Bitcoin can be very profitable for the business they are living. And of course, many people are interested to shop at the store because it would be more convenient, and certainly safe.
Gheka
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March 17, 2018, 03:24:24 PM
 #870

Shopkeepers will be willing to accept bitcoin only when the price will be stable and the legislation clear.
Until then, only a few pioneers will use it.
What you say also means that this will never happen because the price of bitcoin became stable was an impossible when investors always release false rumors, it causes the market to fluctuate and affect the value of the bitcoin then they will make a lot of profit. In addition, the government is still very difficult in the matter between accepting and not accepting Bitcoin, it has different effects on the economy, they can not control bitcoin, that makes them still stand in neutral, so although the stores are ready with bitcoin but they are still afraid of government when the government has no clear move

nur rochid
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April 04, 2018, 02:26:25 PM
 #871

I guess that whenever retailers understand that there is a huge potential in accepting bitcoin and whenever they do understand that it can bring a fortune, than they would accept it.

but the problem is my country there is no bitcoin legalization from government, so the retailler cant accept bitcoin, because there is a ban on use of btc for transactions in my country
tumokatok
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April 04, 2018, 02:36:14 PM
 #872

Retailers are hard to accepted Bitcoin because usually only the big supplier accepted Bitcoin, like amazon. Retailer is smaller and i don't think they will accept Bitcoin in the nearly future. At least 5 years more , when people are using bitcoin more popular, i think that's the moment.

The bitcoin development will continue to increase and perhaps many stores or other means provide transaction services with bitcoin. And may need time to socialize bitcoin to everyone so they know bitcoin and involved
darefreads
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April 04, 2018, 02:41:49 PM
 #873

I think our retailers are accepting bitcoin now here in our country because of some company made a app that can use bitcoin in any transaction and also some people said in their social media that they also  pay their bills using bitcoin. That's why I'm sure that maybe this year more people will make their own business that accept bitcoins in their own business.
niteroy
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April 04, 2018, 05:44:56 PM
 #874

What we need most now is massive education about bitcoins and its several benefits as compared to fiat. Here in canada some kfc outlets and personal retailers have started accepting btc because they are well informed and they fully understand the impact.
Yes, I read about the fact that Canada is introducing innovative technologies in all spheres of human life before other countries and just as easily adopted the technology of blockchain and cryptocurrency. In order for cryptocurrencies to enter our lives, we need a greater dissemination of information that will familiarize people with the cryptocurrencies and the technology on which they are based.
brainape
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April 04, 2018, 05:56:44 PM
 #875

What we need most now is massive education about bitcoins and its several benefits as compared to fiat. Here in canada some kfc outlets and personal retailers have started accepting btc because they are well informed and they fully understand the impact.
Yes, I read about the fact that Canada is introducing innovative technologies in all spheres of human life before other countries and just as easily adopted the technology of blockchain and cryptocurrency. In order for cryptocurrencies to enter our lives, we need a greater dissemination of information that will familiarize people with the cryptocurrencies and the technology on which they are based.
Blockchain energy is becoming more popular now and most of the countries are now accepting this technology, crypto currencies are now becoming more popular and it is expected that in near future people will totally adopt crytpo currencies for everything.
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April 04, 2018, 08:35:46 PM
 #876

I hope that more and more countries will follow japanese's lead, giving Bitcoin its earned relevance in the whole society system
crazymelons12
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April 04, 2018, 09:14:54 PM
 #877

Satoshi Nakamoto is a japanese, therefore they have to patronize their own. And Japan have seen the potential of this invention. That is why the government is really there to back up bitcoin for its progress.
goku1525
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April 04, 2018, 09:36:49 PM
 #878

What we need most now is massive education about bitcoins and its several benefits as compared to fiat. Here in canada some kfc outlets and personal retailers have started accepting btc because they are well informed and they fully understand the impact.
Yes, I read about the fact that Canada is introducing innovative technologies in all spheres of human life before other countries and just as easily adopted the technology of blockchain and cryptocurrency. In order for cryptocurrencies to enter our lives, we need a greater dissemination of information that will familiarize people with the cryptocurrencies and the technology on which they are based.
Blockchain energy is becoming more popular now and most of the countries are now accepting this technology, crypto currencies are now becoming more popular and it is expected that in near future people will totally adopt crytpo currencies for everything.
I'm hoping someday ,may accept this technologies in near future all over the world. I know there's a lot of discrimination but if we get a knowledge for this kind of transaction ,everybody can adopt what crypto means and the impact of the country.Everything may happen at the right time .
rhamdy
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April 12, 2018, 08:29:48 AM
 #879

Amazing, in Japan, many retailers are receiving Bitcoin payments.
In Japan, the use of transactions with Bitcoin has been facilitated.
This greatly facilitates the user in performing daily transactions.
I want to someday all countries in this world can allow the use of Bitcoin so that money between countries can be more effective and one type does not require exchanges if you want to shop in different countries.
Just John
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April 12, 2018, 08:47:54 AM
 #880

It might take a little while longer but they will all come to accept bitcoin in time but bitcoin devlopers need to figure out the issues with transactions times and fees when transaction volumes increase to make it faster.

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