Supermarket Accept Bitcoin

[kodtycoon]

Is there any Supermarket or Moles Accept Bitcoin near you ?

In my country for now there is no supermarket or seller who received bitcoin as a means of payment, because in my country bitcoin is still not legalized, maybe because bitcoin in my country has not been used globally.

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[joromz1226]

Is there any Supermarket or Moles Accept Bitcoin near you ?

So far in my country I don't see any market here that accepting bitcoin as payment. Only few restaurants and coffee shop are bitcoin accepted like Startbucks and bar and restaurants too.

[upsidedown75]

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.

I do not see how all the things you have mentioned should be a problem. Legality is only going to be a problem if it has been declared illegal in your country and as long as your government hasn't that is just a piece of cake. Taxation also depends on you and how you want to go about it.

I understand that some government has introduced taxes and that will affect you when converting to fiats, but if that is not the case, then you can deem it fit to pay tax if you like. Afterall, taxes are charged on the product profit anyways.

[mrcash02]

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.

I do not see how all the things you have mentioned should be a problem. Legality is only going to be a problem if it has been declared illegal in your country and as long as your government hasn't that is just a piece of cake. Taxation also depends on you and how you want to go about it.

I understand that some government has introduced taxes and that will affect you when converting to fiats, but if that is not the case, then you can deem it fit to pay tax if you like. Afterall, taxes are charged on the product profit anyways.

If a big supermarket network start accepting Bitcoin on a country where it's not regulated, the government will start having interest about Bitcoins and will want to know more about it, so it can be a reason to regulate Bitcoin: Because some big businesses are using it and probably not paying taxes they should when using fiat.

It makes me think, what is better: To continue with low adoption, but unregulated, without calling much attention or to have high adoption, but with the government intervention...

The government already charges taxes over each product, it's true, but they want even more.

[Ahmed28]

No there is no such supermarket near me or in my country and i didn't hear about any kind of supermarket around the world that accpte Bitcoin as payment method .

[passwordnow]

But who knows, they are business they are into higher fees so even if you are a loyal customer to them and suggesting a good payment processor.  Do you think they will care for saving their customers for fees?

It's not about the customers to save on fees, I am talking about merchants having to pay the fees of up to 3% per transaction. Imagine how that is if you as super market have a turnover of $100 million annually, where that number is far higher for the larger super markets. It means that you just 'burn' 3% of your sales, while with Bitcoin, this could be done with just 1%, which saves them a minimum of $2 million each year as per this example. If you want to give people more incentive to make use of Bitcoin, you could even offer them a discount of like 0.5% of their entire purschasing amount. It would then lift the total fee per transaction to 1.5%, but is still far lower than when people end up using their credit cards.

The merchants doesn't have to pay for the fees, they are the one that supplies goods to the supermarkets so I don't know on where you are getting those numbers. Merchants will just simply display their goods on the supermarkets and the management itself will do the thing for them so they'll just receive payments from the customers. It's just actually receiving for them while supplying their goods to their desire respective or supermarkets.

[BlackPanda]

But who knows, they are business they are into higher fees so even if you are a loyal customer to them and suggesting a good payment processor.  Do you think they will care for saving their customers for fees?

It's not about the customers to save on fees, I am talking about merchants having to pay the fees of up to 3% per transaction. Imagine how that is if you as super market have a turnover of $100 million annually, where that number is far higher for the larger super markets. It means that you just 'burn' 3% of your sales, while with Bitcoin, this could be done with just 1%, which saves them a minimum of $2 million each year as per this example. If you want to give people more incentive to make use of Bitcoin, you could even offer them a discount of like 0.5% of their entire purschasing amount. It would then lift the total fee per transaction to 1.5%, but is still far lower than when people end up using their credit cards.

The merchants doesn't have to pay for the fees, they are the one that supplies goods to the supermarkets so I don't know on where you are getting those numbers. Merchants will just simply display their goods on the supermarkets and the management itself will do the thing for them so they'll just receive payments from the customers. It's just actually receiving for them while supplying their goods to their desire respective or supermarkets.

Yes suppliers do not need to pay, it is not an obligation for them. the division of payments such as taxes and other fees is actually the duty of the supermarket and also the buyer. we often see that there are supermarkets that apply a 10% tax on their customers. Bitcoin will not change the system, the system will remain the same and the difference is the way consumer payments to supermarkets. do not ever make this difficult, we speak simple things and suppose bitcoin is the easiest way and the fact that it is true.

[Samarkand]

In Germany you can buy food using Bitcoin from the EDEKA online store:
https://www.edeka-lebensmittel.de/

Like most other merchants they obviously work with BitPay. Usually it works pretty great,
unless the network is really congested due to a spamattack. Then the recommended fees get
really out of line and make this a rather uninteresting payment option.

[Kevin77]

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.

It is really going to be a good sign, but as it is, I doubt if going mainstream is even possible. We still have some pretty high tx fees, transaction time is a little too low and etc. However, there are some other cryptos that I feel will be good for usage and that may have to be what we will end up having eventually.

Hardly will you really see people making use of paper currencies these days with the cashless age, so the use of bitcoin or crypto will even make it more extinct.

[nichol@s12josE]

Is there any Supermarket or Moles Accept Bitcoin near you ?

no most of the supermarkets does not accepting bit coins. in clothing electronics and big shopping malls accepting bit coin but supermarket does not accepting. in the all over country i don't no but in my country not accepting just i'm transferring my debit card for my stuff and normal things.

[kpcian]

So far I know, there is no supermarket that accepts Bitcoin around me, I have experienced a lot of online platforms that have accepted Bitcoin as a payment tool. but the time has been changed, day by day Bitcoin is getting accepted in many renowned online platforms.
people also becoming familiar with Bitcoin day by day. Since there are some backwards of Bitcoin so that still Bitcoin is not available the across the world. I believe that when Bitcoin will be decentralized then supermarket and other online platforms will accept Bitcoin.

[Biggapp]

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.

This is really good that the supermarket are accepting the bitcoin and it is very easy to hold the bitcoin for source of the money I am using the bitcoin and the price of the bitcoin will be more than double, I am holding the bitcoin because it is going to give me the profit and I will be able to be the bitcoin user I love to buy the bitcoin income I kn0ow some super markets that is accepting the bitcoin.

[KroFly]

This is great news. If bitcoin accept large supermarkets and trading floors, then a lot of people will know about it. And if the popularity of bitcoin grows, its price will also grow

[boyptc]

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.

I can't understand the spararn wordpress website but if that's for real that they are now accepting bitcoin. It's a good initiative for the retail industry, no way to see a supermarket here that accepts bitcoin near my place but if there will be a big retailing company that will encourage every supermarket to this thing it's going to be one of the best way to spend my bitcoin for groceries.

[suzukiy]

currently in my country there is no super market that accept payments using bitcoin, because in my area still a bit who use bitcoin as payment, most of them use bitcoin as a means for investment mainly to trade

[v0rtecxz]

I've never found anything like that, where supermarkets are paying using kripti currency like bitcoin, maybe in my country bitcoin is not widely known by everyone, and most of them only accept payments using cash and credit cards, it may take time to be able to use bitcoin all over the supermarket and I really hope something like that can exist in my residence

[pinggoki]

Is there any Supermarket or Moles Accept Bitcoin near you ?

Unfortunately, we don't have that kind of store here in the Philippines. I agree for having a supermarket of simply store that will accept bitcoin as payment because it will be a advantages for us example, for instance we forgot to bring our wallet, we could still pay as long as our phone is with us or atm machine. I hope there will be that kind of store someday.

[Webetcoins]

So far I know, there is no supermarket that accepts Bitcoin around me, I have experienced a lot of online platforms that have accepted Bitcoin as a payment tool. but the time has been changed, day by day Bitcoin is getting accepted in many renowned online platforms.
people also becoming familiar with Bitcoin day by day. Since there are some backwards of Bitcoin so that still Bitcoin is not available the across the world. I believe that when Bitcoin will be decentralized then supermarket and other online platforms will accept Bitcoin.

Umm…I think you are not having the good information about the bitcoin, if you were having get good information in this regard you must buy the bitcoin and then save it for the long time, I am having the good future with the bitcoin and I am able to buy the bitcoin for the long time, I am having the income of the bitcoin and the bitcoin will be the world wide currency in very short interval of time.

[Bitcotalk]

Is there any Supermarket or Moles Accept Bitcoin near you ?

no most of the supermarkets does not accepting bit coins. in clothing electronics and big shopping malls accepting bit coin but supermarket does not accepting. in the all over country i don't no but in my country not accepting just i'm transferring my debit card for my stuff and normal things.

Yes this is happening all around the world. Don’t you think it will take time? It is not that easy thing that a new correct just come up and being used all around the world within 10 years. It will definitely happen but it will take a long time. Electronica, restaurants and garment malls are accepting it in different areas. But when it will be covered all over the world, it takes time.

[twthmoses]

Yes this is happening all around the world. Don’t you think it will take time? It is not that easy thing that a new correct just come up and being used all around the world within 10 years. It will definitely happen but it will take a long time. Electronica, restaurants and garment malls are accepting it in different areas. But when it will be covered all over the world, it takes time.

I think it’s never going to happen, with the way the technology is right now, bitcoin or any coin. Waiting for a block to be mined, to get your transaction confirmed…. fully unsuitable for retail and no competition – at all - for the ease and speed of credit card or cash. We need entirely different thinking if we want crypto currency to even get in the ring with credit card or cash, not to talk about going a few rounds.