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Author Topic: Will I be able to use Bitcoins at the mall in 2014???  (Read 9413 times)
Bitcoin-hotep (OP)
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December 15, 2013, 04:30:52 PM
 #61


These little things were once used as money  Wink

Someone should make a shell coin with 5 second blocks 1 coin per block and infinite coins

Sea shells that you could go down to the beach and find every 5 seconds were traded at one time Why couldn't the model work for coins

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December 15, 2013, 05:24:57 PM
 #62

Most businesses won't take BTC unless it can be easily switched on using their existing POS system. As much as I love buying stuff IRL with bitcoin, at the moment, it doesn't make business sense to spend time learning about Bitcoin, drop cash on a parallel POS system, and train employees, all in an effort to appease a minuscule fraction of their customer base. What needs to happen first is to make Bitcoins easier to comprehend, secure, and use online.
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December 15, 2013, 05:32:42 PM
 #63

Most businesses won't take BTC unless it can be easily switched on using their existing POS system. As much as I love buying stuff IRL with bitcoin, at the moment, it doesn't make business sense to spend time learning about Bitcoin, drop cash on a parallel POS system, and train employees, all in an effort to appease a minuscule fraction of their customer base. What needs to happen first is to make Bitcoins easier to comprehend, secure, and use online.

This.  I think we'll see slow adoption "in real life" physical stores because of this.  The costs are too high the moment for all the reasons mentioned above to only capture a small market.  With time and greater adoption though, it will happen...eventually.

To the original poster, you could use bitcoins in the mall right now! Through gyftcards! Smiley
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December 15, 2013, 05:47:57 PM
 #64

In Canada there's a virtual exchange that offers a debit card...

- You trade bitcoin for Canadian dollars
- They send you a debit card with the Canadian dollars on it
- You can spend in a store

Ok, you're not spending bitcoin directly but it's really close - here's a video that explains it...

http://www.youtube.com/watch?v=sP68npZMBzI
Bitcoin-hotep (OP)
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December 16, 2013, 02:33:19 AM
 #65

In Canada there's a virtual exchange that offers a debit card...

- You trade bitcoin for Canadian dollars
- They send you a debit card with the Canadian dollars on it
- You can spend in a store

Ok, you're not spending bitcoin directly but it's really close - here's a video that explains it...

http://www.youtube.com/watch?v=sP68npZMBzI

I heard about something like that called BitPlastic but I am not sure if it's real

CoinGeneral
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December 16, 2013, 04:27:20 AM
 #66

I suggest checking back on January 1st, 2014, that will be the day they accept Bitcoins

TRUST ME


pand70
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December 16, 2013, 09:55:14 AM
 #67

What needs to happen first is to make Bitcoins easier to comprehend, secure, and use online.

That's already happening with payment processors like bitpay. Just give things time. 6 months noone new about bitcoin and you expect for everyone to jump on the wagon already?

hilariousandco
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December 16, 2013, 10:15:56 AM
 #68

Most businesses won't take BTC unless it can be easily switched on using their existing POS system. As much as I love buying stuff IRL with bitcoin, at the moment, it doesn't make business sense to spend time learning about Bitcoin, drop cash on a parallel POS system, and train employees, all in an effort to appease a minuscule fraction of their customer base. What needs to happen first is to make Bitcoins easier to comprehend, secure, and use online.

I think you're exaggerating the cost or problems of implementing Bitcoin as a payment system. It would be no harder or difficult than training an employee to use the current chip and pin card devices. 'Contactless' card payments are now being rolled out and I can't see how paying with Bitcoin would be any different from that. In fact, paying with Bitcoin will be cheaper and quicker for the merchant as they don't have to pay creditcard fees etc. Obviously it's still early days for Bitcoin, but the benefits are there to be seen by all and all we need to do is wait for gradual mainstream acceptance which is happening slowly but surely already.

What needs to happen first is to make Bitcoins easier to comprehend, secure, and use online.

That's already happening with payment processors like bitpay. Just give things time. 6 months noone new about bitcoin and you expect for everyone to jump on the wagon already?

Yes, using Bitcoin will become simpler and easier. With every new technology it takes a little while to get used to.

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Bitcoin-hotep (OP)
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December 16, 2013, 05:33:21 PM
 #69

What needs to happen first is to make Bitcoins easier to comprehend, secure, and use online.

That's already happening with payment processors like bitpay. Just give things time. 6 months noone new about bitcoin and you expect for everyone to jump on the wagon already?

Yeah it'll happen it just has to happen slowly

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December 16, 2013, 08:32:55 PM
 #70

I hope we get some Bitcoin ATM machines here in the uk next year. That would really help promotion and legitimise it with the public.
hilariousandco
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December 16, 2013, 08:34:35 PM
 #71

I hope we get some Bitcoin ATM machines here in the uk next year. That would really help promotion and legitimise it with the public.


I'm hoping for this also. I haven't heard any definite plans for any, but surely a few must pop up in 2014.

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Bitcoin-hotep (OP)
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December 16, 2013, 08:52:01 PM
 #72

I hope we get some Bitcoin ATM machines here in the uk next year. That would really help promotion and legitimise it with the public.


I'm hoping for this also. I haven't heard any definite plans for any, but surely a few must pop up in 2014.

Does anyone know where you buy them from?

hilariousandco
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December 16, 2013, 09:03:02 PM
 #73

I hope we get some Bitcoin ATM machines here in the uk next year. That would really help promotion and legitimise it with the public.


I'm hoping for this also. I haven't heard any definite plans for any, but surely a few must pop up in 2014.

Does anyone know where you buy them from?

https://lamassu.is/
https://bitcoinatm.com/

Think there's a few other manufacturers too. $5,000 each for the lamassu ones.

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Bitcoin-hotep (OP)
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December 16, 2013, 09:50:36 PM
 #74

I hope we get some Bitcoin ATM machines here in the uk next year. That would really help promotion and legitimise it with the public.


I'm hoping for this also. I haven't heard any definite plans for any, but surely a few must pop up in 2014.

Does anyone know where you buy them from?

https://lamassu.is/


 $5,000 each for the lamassu ones.

I've heard this one only works one way Does it let you sell them or buy them? And can you buy them with bitcoins

hilariousandco
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December 16, 2013, 09:59:20 PM
 #75

I hope we get some Bitcoin ATM machines here in the uk next year. That would really help promotion and legitimise it with the public.


I'm hoping for this also. I haven't heard any definite plans for any, but surely a few must pop up in 2014.

Does anyone know where you buy them from?

https://lamassu.is/


 $5,000 each for the lamassu ones.

I've heard this one only works one way Does it let you sell them or buy them? And can you buy them with bitcoins

I've no idea. Check the website or email them.

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pand70
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December 17, 2013, 12:29:33 AM
 #76

I hope we get some Bitcoin ATM machines here in the uk next year. That would really help promotion and legitimise it with the public.


I 'm not sure about legitimising it. So far whenever bitcoin gets into the radar of authorities bad things happen   Sad

Bitcoin-hotep (OP)
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December 17, 2013, 01:55:12 AM
 #77

I hope we get some Bitcoin ATM machines here in the uk next year. That would really help promotion and legitimise it with the public.


I 'm not sure about legitimising it. So far whenever bitcoin gets into the radar of authorities bad things happen   Sad

And whatever the authorities start poking their noses in Fox news starts broadcasting about So I can't wait

pand70
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December 17, 2013, 03:07:31 AM
 #78

I hope we get some Bitcoin ATM machines here in the uk next year. That would really help promotion and legitimise it with the public.


I 'm not sure about legitimising it. So far whenever bitcoin gets into the radar of authorities bad things happen   Sad

And whatever the authorities start poking their noses in Fox news starts broadcasting about So I can't wait

Can't wait for what? Watch the fox news?  Roll Eyes

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December 17, 2013, 03:49:02 AM
 #79

Eventually, the businesses might realize they should keep the BTC instead of turning it into fiat. This is impossible until other businesses that they rely on start using fiat, etc. hmm...
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December 17, 2013, 03:52:24 AM
 #80

it would be nice for this to happen, but most likely there will be some form of government resistance. i hope the moment that big brother decides it wants to slam the hammer down, it'll be too late to stop the momement; only slow it down.
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