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Author Topic: Supermarket Accept Bitcoin  (Read 12848 times)
tweetbit
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October 18, 2017, 09:59:08 AM
 #61

Let put ourselves on the shoe of the owner. In my cognitive evaluation on veracity of bitcoin popularity and numbers there is a big market if I do accept bitcoin as payment and option for a better marketing strategy but the government is not declaring it legal and how would do I compute the taxation.

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October 18, 2017, 10:12:19 AM
 #62

Let put ourselves on the shoe of the owner. In my cognitive evaluation on veracity of bitcoin popularity and numbers there is a big market if I do accept bitcoin as payment and option for a better marketing strategy but the government is not declaring it legal and how would do I compute the taxation.
This would be the thing that would make this stuff complicated because speaking of legality and taxation this would be the main concern if you do have a supermarket and lets say you are the owner but one thing that hesitates to implement or offer such thing would really vary on the decision that would be made on the government which you are on.If you decide to accept it but they decline such request then you cant do anything about it.I have heard some supermarket do accept bitcoin but i actually forgot it though.

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October 18, 2017, 10:22:03 AM
 #63

As of now there is none despite bitcoin being legalized in our country or is it ? i really dont know if it's accepted or not cause recently the government made some rules and regulations in using it. So i thought i can use it as payment for other businesses such as for example you have said supermarket but it seems there no store that is currently accepting bitcoin in my country.

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October 18, 2017, 04:46:01 PM
 #64

As of now there is none despite bitcoin being legalized in our country or is it ? i really dont know if it's accepted or not cause recently the government made some rules and regulations in using it. So i thought i can use it as payment for other businesses such as for example you have said supermarket but it seems there no store that is currently accepting bitcoin in my country.

Bitcoin is not accept in the supermarket. It malt purposes selling so it will use some product only. Bitcoin is not accept some country. So that the reason it accept the bitcoin. Bitcoin is the become future grownup. It will be change prices change every day. If bitcoin accept it will useful to the future become the bitcoin is improve the prices.
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October 18, 2017, 07:39:14 PM
 #65

As of now there is none despite bitcoin being legalized in our country or is it ? i really dont know if it's accepted or not cause recently the government made some rules and regulations in using it. So i thought i can use it as payment for other businesses such as for example you have said supermarket but it seems there no store that is currently accepting bitcoin in my country.
so far we have not heard anything about supermarkets that accept bitcoin payment methods, no one has dared to speculate doing anything related to supermarkets that accept bitcoin, but it seems if this is backed up and adopted into real I think there will be many bitcoin users who transact there
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October 19, 2017, 12:31:25 AM
 #66

Let put ourselves on the shoe of the owner. In my cognitive evaluation on veracity of bitcoin popularity and numbers there is a big market if I do accept bitcoin as payment and option for a better marketing strategy but the government is not declaring it legal and how would do I compute the taxation.
This would be the thing that would make this stuff complicated because speaking of legality and taxation this would be the main concern if you do have a supermarket and lets say you are the owner but one thing that hesitates to implement or offer such thing would really vary on the decision that would be made on the government which you are on.If you decide to accept it but they decline such request then you cant do anything about it.I have heard some supermarket do accept bitcoin but i actually forgot it though.

Yes that’s it, the owner of that supermarket is dependent on the nature of the law they were govern by it. We know how politics work and I know in time this things would be better for the bitcoin community but until when that this adaptation be feel by every bitcoiners is a question only time can tell.

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October 19, 2017, 01:24:02 AM
 #67

In our country,still there is no super market which accepts bitcoin.Either,they are unaware of it or they just wait for it to be legalized here.Also,they are very much concerned about its volatile issue.If bitcoin gets accepted in super markets,it would add more interest in shopping.

Till now,only some online shops like overstock accept bitcoin world wide.Hope,this situation would soon get changed within few months when bitcoin gets legalized in our country.

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October 19, 2017, 07:32:57 AM
 #68

Let put ourselves on the shoe of the owner. In my cognitive evaluation on veracity of bitcoin popularity and numbers there is a big market if I do accept bitcoin as payment and option for a better marketing strategy but the government is not declaring it legal and how would do I compute the taxation.
It is a good sign for bitcoin prevailing in the world. when all the restaurants, shops, markets of different things, and the companies start accepting bitcoin then it will take less time for all the people of the world to invest, trade and deal in bitcoin.

All other paper currencies will disappear and all the people will use just one digital currency and that will be only bitcoin, because bitcoin is the mainstream.
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October 19, 2017, 07:49:00 AM
 #69

It was the thing I wanted the most to accept supermarkets Bitcoin. Because sometimes there are times when there are no cash. It's been a long time since Bitcoin turned into money. the thing I want the most is to pay for food with Bitcoin. Things that will happen in the near future.

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October 19, 2017, 08:45:22 AM
 #70

Is there any Supermarket or Moles Accept Bitcoin near you ?
Here in my country malls and supermarkets are not yet accepting bitcoin it is not yet fully adopted and not too popular in my country since i earning in bitcoin every i need money i just sent to remittance center or bank for cash out to spend anywhere i want that is what i do for now. And i know that some countries which bitcoin is legalized i think malls, supermarkets even other establishments are now accepting bitcoin it will be part of their mode of payment. I am hoping that the government in my country will look how to bitcoin to be legalized and to have policy on that.
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October 19, 2017, 09:37:33 AM
 #71

Is there any Supermarket or Moles Accept Bitcoin near you ?

Well still not i found any superstore accept bitcoin easily, may be some Moles accept it but i have no experience of it. Usually i see in my country people only use bitcoin for amount transfer and buy online shopping. Then may be any store will here where we buy some goods behalf of bitcoins. But about me, when continuously bitcoin price rise up then i decide not to use bitcoin for buying goods, because i have money to buy all things very easily and i have no enough money to buy 1 bitcoin then better to hold it and use fiat for things.

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October 19, 2017, 10:02:42 AM
 #72

Let put ourselves on the shoe of the owner. In my cognitive evaluation on veracity of bitcoin popularity and numbers there is a big market if I do accept bitcoin as payment and option for a better marketing strategy but the government is not declaring it legal and how would do I compute the taxation.
This would be the thing that would make this stuff complicated because speaking of legality and taxation this would be the main concern if you do have a supermarket and lets say you are the owner but one thing that hesitates to implement or offer such thing would really vary on the decision that would be made on the government which you are on.If you decide to accept it but they decline such request then you cant do anything about it.I have heard some supermarket do accept bitcoin but i actually forgot it though.
I think that if super markets have started accepting bitcoin it means that now ordinary people will use their bitcoin for purchasing their requirements of daily life. The value and market cap of bitcoin will increase more and more by this way.

More people will invest in bitcoin because it is also a very profitable coin business and also usable digital currency. I really appreciate this act.
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October 19, 2017, 04:45:07 PM
 #73

It's hard for me to imagine that big supermarkets will take bitcoin. After all, the transaction takes too long and the price of bitcoin fluctuates. Employees of the supermarket will have to constantly change the price tags for their goods

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October 19, 2017, 09:42:01 PM
 #74

You're honestly better off using your credit card or cash if you're going to a supermarket, honestly. While Bitcoin could be used for point of sale transactions, it's far from optimized. It's much better for online transactions.

Yes, but we don't have many online shopping malls in online in that many shopping malls are not sending the products accurately. People always need to spend their money in direct shopping malls only by spending through credit and debit card.

I wonder how the SM shopping malls will implement these. They have the sm advantage card and ATMs and I think if BTC will be used in the stores its an agreement of multi companies because shopping malls have a lot of stores and companies that are renting at their space. Unless the location of the mall (for example Japan) have a good reputation on BTC and accepting it as a legal payment, then we are all well but in some other countries, there would be a long haul before this kind of things will be accepted.
Right now, I agree with you that we must observe this and use this for online transactions.
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October 19, 2017, 09:59:39 PM
 #75

Is there any Supermarket or Moles Accept Bitcoin near you ?

In my country i don't have see any supermarket or moles they accept bitcoin. But i see that more and more people are interested to bitcoin in my country. So i think that in the next some years we can see supermarket or moles that can accept bitcoin.
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October 19, 2017, 10:26:15 PM
 #76

Hmm. I dont heard about supermarkets accepting bitcoin. As far as i know, there is a restaurant that accept this kind of medium of exchange, but if thats the case, im sure someone on this thread will notify you if that will happen.

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eagleman
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October 19, 2017, 11:38:52 PM
 #77

Even we have huge numbers of Bitcoin users in my country without proper legalisation by our government, supermarkets and malls will have no interest on it but for sure they’re thinking about this for sometime. 2018 is a another year to be hopeful for this things.

The same situation on where I'm living right now. I have a guess that there are thousands of users(100k I think) but still there is no proper adoption and still only few establishments are adopting  bitcoin for their payment methods. I can even count them with my two hands so they are literally few for my country with a lot of bitcoin users. Popularity of bitcoin is there as an investment but the adoption is still lacking of the real market here. Craving to see that the supermarket near my home will adopt it soon.

Because it would be deemed illegal if ever those certified markets are dealing with bitcoin. Technically bitcoin is not illegal but also it hold no title to the government and it is not taxable. So even if a market would have the initiative to innovate bitcoin in their payment, they might actually be breaking some rules or policies on their payment. And it's a hustle if ever because you to log in many things and what if their are many costumers. It will just take time.

It's not that illegal here in my country as there is a support from the government but what's lack of is the help coming from them. They are not endorsing it to the people because it's decentralized though they are treating it as something that will not ruin the banking system or will affect the taxation. And these companies like supermarkets really doesn't know that there is a cryptocurrency named bitcoin that is existing.
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October 19, 2017, 11:52:12 PM
 #78

A coffee shop near me used to but they stopped because the transaction fees are too high and It just didn't make sense  Sad

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October 20, 2017, 05:07:59 AM
 #79

There are no supermarket shops or any other place that accepts bitcoin as a mode of payment at a moment but awareness level of people about bitcoins is getting higher and higher and many more people are willing to invest money in bitcoins but to use bitcoins for making payments at offline places will surely gonna take very long time in my opinion.

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October 20, 2017, 09:42:51 AM
 #80

According to Arnhem Bitcoin City, the supermarket Spar Arnhem Centraal accepts Bitcoin.

The total number of transactions in the entire city of Arnhem is quite low though, on average approximately 1 transaction per merchant per month.

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