Samsung announce to accept crypto and blockchain payment

[Separate_Bass]

This is a smart move by samsung but why cann't it make it worldwide because its products are everywhere?

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[adejoke444]

This is such a great , wonderful and best news for this week. looking forward for other company to join by accepting Bitcoin also as payment in universe.

[christysmile]

There is good news to customers in the Baltic nations of #Latvia, #Estonia and #Lithuania,as #Samsung (one of the largest technology company in the world) has annouced to accept crypto and blockchain payments in the region using the Lithuanian-based payment platform, CopPay
I hope more major platform continue to accept digital currency payment.

When I hear the phrase "Samsung has blah blah blah.." My mind immidiately thinks that most people will not care. But once Apple makes a similar announcement, people gets crazy about it. Ahahaha! So Technology-based companies finally starts  to adapt the crypto-world which means there will be more altcoins, BTC price will rise even further, more people will end up crying for stolen digital funds, more scammers. *Sigh* But overall it's good for us early adapters.

Haha I was thinking the same thing. It's small time news until Apple decides to pick it up these days. Everything revolves around the apple.

It sure would be nice if their Apple-pay went global by using bitcoin to sidestep regulators. Not likely, but it would be nice.

I think it'll be a slow trend of early adopters continuing for a while until a big giant wakes up and decides to take it on. I heard somewhere Amazon were thinking about accepting it...?

More and more mainstream use will encourage safer practices I hope and fewer scammers. Then we'll see also regulatory groups stepping in too.

[TallDragonfly]

Good move by samsung but why cann't it make it worldwide because its products  are everywhere ?.

[Amokomowo2005]

Why only acceptable bitcoin  in just this country?  Samsung is used World wide and so should  be extended to all countries .

[Wendigo]

Please stop posting about this, it is already confirmed that this is fake news. In any way, why should we be happy if a big company like SamSung starts to accept Bitcoin as a payment option, via a third party payment processor? The whole idea is to stay anonymous and all these third party payment processors, destroy your pseudo anonymity.

Anyone posting "congratulation" type posts after this, should be reported to the mods, because they did not care to read the posts up to this post. 

But how will Samsung know who has bought what and how are they going to send you your stuff if you have paid with Bitcoin without revealing your name and shipping address? I don't think you could pick your items up at a store without showing your ID card first either.
I doubt Samsung will ever accept Bitcoin as payment directly, because the value is so volatile that it would be a huge liability for them to hold it as is. Payment processors like BitPay minimize the risks for merchants wiling to include Bitcoin in their stores. And anonymous shopping with Bitcoin is a myth by the way.

[cipherb]

Yes this is the good news for cryptocurreny and its future. Because brand like Samsung are accepting payment as crypto then its impact will be so much for many companies who are planing to accept bitcoin but also may Merchants,travel companies are accepting cryptocurrencies so new revolution have started for digital currency payment.

[Himanshu111]

There is good news to customers in the Baltic nations of #Latvia, #Estonia and #Lithuania,as #Samsung (one of the largest technology company in the world) has annouced to accept crypto and blockchain payments in the region using the Lithuanian-based payment platform, CopPay
I hope more major platform continue to accept digital currency payment.

And then here comes a very good news again , as I am very happy whenever I hear something positive about the bitcoin because I saw the time when bitcoin was in lots of controversy and no one was ready to legalise bitcoin and moreover all the countries wants to end bitcoin but now we are here when there are countries who has legalised bitcoin and now very happy with their decision like a luxury car company in Florida is accepting bitcoin in exchange of their cars and now the Samsung company is accepting bitcoin, a very good news.

[pokang13]

There is good news to customers in the Baltic nations of #Latvia, #Estonia and #Lithuania,as #Samsung (one of the largest technology company in the world) has annouced to accept crypto and blockchain payments in the region using the Lithuanian-based payment platform, CopPay
I hope more major platform continue to accept digital currency payment.

That is a great news! People with bitcoin can already purchase Samsung items. I am going to tell this great news to my friends.

[FedorIzmailov]

Samsung has already denied this information, if it is not, then correct me

[Daniwahyu007]

There is good news to customers in the Baltic nations of #Latvia, #Estonia and #Lithuania,as #Samsung (one of the largest technology company in the world) has annouced to accept crypto and blockchain payments in the region using the Lithuanian-based payment platform, CopPay
I hope more major platform continue to accept digital currency payment.

good news' of course. hopefully in every country receive payment crypto and not just samsung only. the future of crypto will be better of course

[kopijos]

samsung as a big company can already accept payment using bitcoin maybe in some time to come will be untouched in various countries. I hope not only samsung who accept payment with bitcoin but also other big companies and hopefully can happen.

[bloodyvio]

Samsung has already denied this information, if it is not, then correct me

I thought at first you were joking
but after finding out the truth, you're right
Samsung has denied rumors about accept crypto and blockchain payment
source: https://thenextweb.com/hardfork/2018/07/23/samsung-coppay-cryptocurrency-baltics/
i think reasonable because crypto price is very unstable
it can go up but it can go down

[samycoin]

There is good news to customers in the Baltic nations of #Latvia, #Estonia and #Lithuania,as #Samsung (one of the largest technology company in the world) has annouced to accept crypto and blockchain payments in the region using the Lithuanian-based payment platform, CopPay
I hope more major platform continue to accept digital currency payment.

Well if this true it's good news for all of us also to all crypto users that using Samsung brand because it means they looking forward about cryptocurrency to make their users easily purchase their products.

[swaggerkeme]

Please what is the source of  your news. I haven't read this anyway in the news or Samsung's website. The news does not look accurate.
Am pretty sure the world will soon begin to appreciate Cryptos when big companies like Samsung accept crypto as mode of payment

[minime0105]

This is a smart move by samsung but why cann't it make it worldwide because its products are everywhere?

It is a smart move if not tactical. I think the reason Samsung limited its products has to do with how the governments perceive crypto as payment because otherwise Samsung would have to deal with legal issues.

[Gabali126]

Samsung adopting cryptocurrency for its trade is very remarkable. Let's see if other electronic giants such as LG, Panasonic, Sony, etc will also accept crypto.

[mfyilmaz]

lets give the money to those who work hard for it... crypto will change the world for a better thanks to satoshi... samsung as a major global player accepting cryptocurrencies will make a big difference and it will make the market more stable as more people will be involved in crypto and this will cause bigger volume and with volume will come more acceptance... I wanna live in a world where I can buy my kebap with bitcoin... I hope this day will come...

[deafmaster]

This is exciting news. Somehow bitcoin is getting more renowned and accepted. Thanks for the info.

[silmvic]

This is a smart move by samsung but why cann't it make it worldwide because its products are everywhere?

You are very much right. Am a big fan of SAMSUNG products but my challenge is always getting the original products that have warranty in case of any damage. Once they start collecting Bitcoin for their products, i will be so relaxed to place order of their tablet directly from the official website without fear.

Pls, in case of any better updated news, pls keep us posted on this thread