People Can Now Buy Movie Tickets Using Bitcoin In Brazil

[Johnzky]

This is another good pointd in bitcoin progressive ,because huge country like brazil can bring positivity to the crypto world.and ticket is just a starting action next Is yet to come.these days lots of adoptions from every country’s to bitcoin so maybe we must consider buying now before losing a chance of buying from the cheapest price.hope i have more fiat to convert but my capital is limited

[1715107944]

1715107944

[0t3p0t]

People Can Now Buy Movie Tickets Using Bitcoin In Brazil
Buying movie tickets in Brazil just got a whole lot easier through Bitcoin payment systems established by Cine Multi.

Brazil initially showed signs of interest in Bitcoin and the blockchain technology last in 2017 when Brazilian Hotel Chain Vert Hotéis started accepting Bitcoins as payment for their services. This was then followed by Brazil's usage of the Ethereum blockchain to keep track and monitor the political expression of Brazilian citizens.

Read more here: https://www.unblock.news/news/people-can-now-buy-movie-tickets-using-bitcoin-in-brazil

This is actually a very good news not only for Brazilians but also for the Bitcoin community. Countries who are exploring Bitcoin if they are going to adopt it as payment system can now have positive basis whether to embrace it. Adoption is quiet increasing nowadays as people are looking for a much better solution to centralized payment system tha seems to be wiped out in the next generation.

[Gheka]

People Can Now Buy Movie Tickets Using Bitcoin In Brazil
Buying movie tickets in Brazil just got a whole lot easier through Bitcoin payment systems established by Cine Multi.

Brazil initially showed signs of interest in Bitcoin and the blockchain technology last in 2017 when Brazilian Hotel Chain Vert Hotéis started accepting Bitcoins as payment for their services. This was then followed by Brazil's usage of the Ethereum blockchain to keep track and monitor the political expression of Brazilian citizens.

Read more here: https://www.unblock.news/news/people-can-now-buy-movie-tickets-using-bitcoin-in-brazil

This is actually a very good news not only for Brazilians but also for the Bitcoin community. Countries who are exploring Bitcoin if they are going to adopt it as payment system can now have positive basis whether to embrace it. Adoption is quiet increasing nowadays as people are looking for a much better solution to centralized payment system tha seems to be wiped out in the next generation.

Indeed, good news for bitcoin communities, this tells us very clearly that the application of bitcoin to life in each country has certain developments, although it is only a very small application but it is sufficient to prove that bitcoin still has potential and useful for life. And when it has proved its value to the community, the government will probably consider and help, even promote it to grow strongly, we will probably become the ones who receive the most benefits when this situation comes, and to prepare for a perfect result, we should accumulate more bitcoin, instead of constantly using it as a payment method.

[proTECH77]

I wonder when this will ever happen in my country because of the oppressors who never wanted the power of the mainstream technology be fully implemented into use. Ticketing with Bitcoin for watching movies is a laudable achievement in Brazil and hope they sustain this growth.

[proTECH77]

I wonder how many people actually use something like this. Sure, a business can accept Bitcoin, but is there any people who use it, with its relatively slow confirmation time (unless it uses LN). It seems like the majority of people only buy or use Bitcoin for trading/investment though, not sure how this cinema will 'convince' people to use Bitcoin here.

Nevertheless, it's a good sign that more business provider accepts and recognize Bitcoin as a means of payment. Hopefully, people will start to use Bitcoin regularly too.

I can imagine waiting for 1 confirmation during peak periods.

"Sorry, your seat has been taken. Please try another"

Don't think either way because there must be a workable platform to resolve such delays from the blockchain transaction regardless of 1 confirmation or 2 confirmation before be allow to go in. This will improve the movie industry as it does to casinos (Gambling industry).

[dothebeats]

At the least, some improvements are being made on the industry instead of it stagnating on development and updates. I wonder how many people in Brazil are casual movie-goers? For sure, a lot of people would be trying out the fad and the craze would die out, but the option to pay using bitcoin still stands though. While this may not be the brightest of the news for bitcoin and crypto, it's still amazing to see that merchants are still trying to be in the game and industry albeit the setbacks and the threat of volatility.

[proTECH77]

I really doubt it. Is it really worth doing a doublespend only to save a few hundred Indian Rupees? That's next level cheapskating right there. I assume Cine Multi would just let people in regardless if the transaction was confirmed immediately or not.

I'm not referring to double spending, but the booking time between fiat and BTC users let's say if they take the same seat.

But if like @shesheboy has mentioned earlier that the process could be near-instantaneous (using LN) even with network congestion, then it'd be great.

I thought as much. For the cinema (Movie) center to adopt the use of Bitcoin for tickets payment will also ensure that the transactions are prompt to avoid confusion case scenario between the man with fiat and bitcoin at the same time ticket for the same seat. Just my own personal opinion.  

[Harlot]

Ok so I research a bit about Cine Multi and the good news is its a real cinema and not a movie streaming app like Netflix or Hulu which means local businesses like this are actually starting to take advantage of the payment system, with them partnering up with a local crypto payment company this is a good sign that Brazil might start to see local businesses accept Bitcoin in their country, and to start it off we might see their competition in the industry to follow their footsteps depending what part of their revenue comes from BTC payments.

[bitzizzix]

That is one of the successes and advancements of bitcoin or crypto, and I see that there are many other countries that have received bitcoin and can even be used as a method of selling or buying transactions and many other systems.
I am among those who like to watch movies in theaters and if there is a method of buying or ordering tickets using bitcoin, it will make it easier for me and I hope in my country as soon as possible to imitate other countries because in my country legalize bitcoin.

[fortunecrypto]

Wow, that's great, this is the first time I read something like this, after airport taxis and hotel, this proves that Bitcoin can be used in anything, maybe one day, we will all have cinemas all over the world using Bitcoin and other cryptocurrencies, I'd like to be able to pay cryptocurrency here in our country when watching movies.

[Caladonian]

Good news and can be served as another way for advertising bitcoin, with people's curiosity about this new ways for paying their tickets it will also add more interest coming from those who are not been yet got a good knowledge about this digital currency, though there's still doubts as this steps can be backed up
of certain loses due to some delayed of transactions confirmation, but for sure the owners really believes with the power of this new forms of money online.

Hope to continue seeing more businesses and establishment to start accepting bitcoin/crypto, not only in Brazil but more countries around.

[pawanjain]

Buying/sellling stuffs , making payments with bitcoin and all this stuff is good but is it efficient ?
I am not against bitcoin or anything, in fact, I love it but the fact that bitcoin isn't efficient for making micro payments at peak hours is enough for me to say that we need an alternative currency or method that will enable us to make hassle free micro payments in a short duration. BTC can surely be used for larger transactions and this will benefit everybody but micro payments isn't a thing for bitcoin right now at least until the lightning network is established worldwide.

[Siren]

Its normal as i have read some thread here that even candy can be purchased using bitcoin now(but its foolishness since the fee is much higher than the candy price)and that KFC is accepting bitcoin in some part of the world

Brazil is big American country and this is one good move from this region so more countries on North America will do same way and may help the faster growth of bitcoin togethr with other cryptos sooner

[Ispep]

The more use if the bitcoin,the farther and wider the bitcoin will go and develop,adoption is gradually creeping in and in the years to come,the network would be up and running in almost well countries of the world.
Brazil have showed enormous support for cryptocurrency and this isn't surprising,we all hope for more and more growth

[rizkyhiw]

Whatever happens because it is a fact that Bitcoin has become an instrument of any payment in accordance with the usefulness of the initial concept created by its creator, it doesn't matter if some pessimists see progress like what has happened in Brazil, maybe that could be a reference in the future, in some countries there are people who use it widely with very good legality to see crypto in the eyes of the government, there is nothing wrong I am very enthusiastic to see people's interest in making it a more useful tool.

[Lpim01]

We are in continuous development and its market adoption. Digital currencies and its use are making demand for small and big establishments.
There is no wonder that crypto will go that way as the result for its development and it could be spread into the other countries. The adoption is great and it  really amaze the community and from to time, we can consider this as a currency( digital form) rather than of making as an investment.

[maydna]

I think it still only a few people who want to use bitcoin to buy movie tickets because bitcoin is not already spread in many countries. But we never know what is happening in Brazil because who knows, bitcoin user in Brazil will increase because bitcoin is used at the business. I think it will help bitcoin to be popular in Brazil and I think the other business will try to use bitcoin as the payment method instead of credit card, debit card, or another payment. But all in all, that is good news for bitcoin user so they can use bitcoin when they want to watch a movie.

[rollingstorm45]

People Can Now Buy Movie Tickets Using Bitcoin In Brazil
Buying movie tickets in Brazil just got a whole lot easier through Bitcoin payment systems established by Cine Multi.

Brazil initially showed signs of interest in Bitcoin and the blockchain technology last in 2017 when Brazilian Hotel Chain Vert Hotéis started accepting Bitcoins as payment for their services. This was then followed by Brazil's usage of the Ethereum blockchain to keep track and monitor the political expression of Brazilian citizens.

Read more here: https://www.unblock.news/news/people-can-now-buy-movie-tickets-using-bitcoin-in-brazil

Brazil has realized the potential of crypto is very bold, so many business people are starting to use bitcoin as their means of buying and selling, this shows that the government is willing to follow a number of developed countries in the payment system, this must be supported by all parties so that progress continues digital currency, which is actually the future currency.

[xuan87]

Well it's great to see more adoption, even though this may seems small but this could trigger something bigger, maybe many people still doubt about the speed but this could be the perfect sample to see how many people are interested in using crypto as payment, for me every adoption is a great news

[bravehearth0319]

People Can Now Buy Movie Tickets Using Bitcoin In Brazil
Buying movie tickets in Brazil just got a whole lot easier through Bitcoin payment systems established by Cine Multi.

Brazil initially showed signs of interest in Bitcoin and the blockchain technology last in 2017 when Brazilian Hotel Chain Vert Hotéis started accepting Bitcoins as payment for their services. This was then followed by Brazil's usage of the Ethereum blockchain to keep track and monitor the political expression of Brazilian citizens.

Read more here: https://www.unblock.news/news/people-can-now-buy-movie-tickets-using-bitcoin-in-brazil

Sounds good because another company or merchant accepted bitcoin as mode of payment. But isn't there so many confirmation they need to wait before it transferred to the merchant address? It will be a problem if they will wait for long right? Or am I thinking wrong? because movie lover can now able to buy ticket thru their apps in the mobile phone?