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Author Topic: What today you can buy for the crypto?  (Read 1029 times)
Ipwich
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April 14, 2019, 04:34:32 AM
 #41

The list will increase in numbers as the adoption continues.
It's only a small list but with partnerships from our local exchanges, we can use our bitcoin for the products and services.
In general we cannot expect that big businesses will just easily accept bitcoin as there is a risk issue, the price is volatile and they might not be able to control the risk which would result to loss in business operation.

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Malsetid
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April 14, 2019, 12:17:01 PM
 #42

The list will increase in numbers as the adoption continues.
It's only a small list but with partnerships from our local exchanges, we can use our bitcoin for the products and services.
In general we cannot expect that big businesses will just easily accept bitcoin as there is a risk issue, the price is volatile and they might not be able to control the risk which would result to loss in business operation.

Not now i guess but big online stores like amazon would likely pick up crypto and allow usage of it in purchases. Today i'm limited to pirchasing phone credits and a few online purchases but the wallet i'm using converts the btc to fiat so i can say there aren't much yet thst accepting straight bitcoins or crypto.


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Kelvinid
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April 14, 2019, 12:33:52 PM
 #43

The list will increase in numbers as the adoption continues.
It's only a small list but with partnerships from our local exchanges, we can use our bitcoin for the products and services.
In general we cannot expect that big businesses will just easily accept bitcoin as there is a risk issue, the price is volatile and they might not be able to control the risk which would result to loss in business operation.

Not now i guess but big online stores like amazon would likely pick up crypto and allow usage of it in purchases. Today i'm limited to pirchasing phone credits and a few online purchases but the wallet i'm using converts the btc to fiat so i can say there aren't much yet thst accepting straight bitcoins or crypto.
Its a start for crypto adoption and it mostly be adoptable in small business institutions in the future. May the risk at this we're so high but it will be lessen when there is a support from the government especially for legalization approval. By this thing, merchants and company owners will give trust crypto and do accept it as a mode of payment.
denzkilim
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April 14, 2019, 01:14:07 PM
 #44

Since my native country not yet accept bitcoin so I can't use it offline source in my country. But yes, I can spend it online throw internet like OP described. I believe bitcoin will be accepted everywhere in near future. Because, bitcoin isn't just only a coin name, it's a community and revulsion. However at least we are able to spend it offline either online. Slowly worlds are encouraging to accept bitcoin and we will see another revolution in future. Let's help the spread word about bitcoin and increase awareness.
But I think it will be hard for merchants to accept Bitcoin as a means of payment for either their products or services without any kind of a third party that converts Bitcoin to fiat. Its been a decade since Bitcoin was created by Satoshi Nakamoto and until today only a few percentages of people in this world know about it but I guess in the future it will be widespread and mass adoption will occur. Cheesy
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April 14, 2019, 05:45:36 PM
 #45

How does this work for some place where the bitcoin regulations aren't yet defined? My country doesn't have such retailers so the only option is to buy using bitcoin from an overseas business. This leads to custom issues as it is seen as an import.
Another headache is the duty that has to be paid. If the item cost is limited to a certain amount and is marked as a gift, then it is allowed without duty. I am currently trying to put this into practice for my first bitcoin purchase.

It'd be really good if OP can include links to the businesses/ websites mentioned in your list.
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