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Author Topic: Do they accept bitcoin in your country embassy?  (Read 538 times)
royalfestus
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January 26, 2020, 05:10:33 PM
 #41

Bitcoin is a difficult adoption for countries let alone embassy, Even countries like Malta, Singapore etc. with obvious adoption of bitcoin dont present such opportunity for payment . Payment for visa application or what? The interest of governments and their financial system is still silent and I believe its a process for cryptocurrency, stable coin might easy adoption by Government than bitcoin ( because of its volatility)
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January 26, 2020, 05:49:31 PM
 #42

No , but for the future I do think that it could happen since the country right now am residing in make the bitcoins legal 100% therefore I do think that it would be really good if that happens but I am not sure if it would .

Because the embassy is governmental body therefore I do not think that the government would be that keen on the point .

Therefore I do think that that's a big no for a while for sure.

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January 26, 2020, 05:56:23 PM
 #43

Nope.. Authorities in my country are still not very friendly with cryptocurrencies. I mean they haven't banned it or established any rules against them, it's just that adoption is not growing at the rate I'd like it too, but we can't have all the things in life don't we?.. Or we can ?  Cheesy

Personally I think that institution adoption of Bitcoin will come as more and more businesses start using it. This way they will be obligated to come with a regulatory framework.
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January 27, 2020, 05:34:53 AM
 #44

in my country, bitcoin has actually been accepted. but not as a means of payment. In my country, bitcoin is only a commodity of trade. like gold, silver, oil, etc. so it is not authorized as a means of payment. only, some online web shops from my country provide payment options via Bitcoin. I several times bought and paid bills on several websites using BTC, even though government regulations prohibit payments other than using the legal currency.
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January 27, 2020, 05:46:20 AM
 #45

If government going against Bitcoin and crypto-currency. At least in this country btc can't accepted as a payment gateway in any company,e-commerce and organizations. Country embassy is big things they can not never take it. A couple of years i paid some btc to purchased domain and hosting in my own country but right now law's are very strict, so no one does not dare to take it because there are hard penalties.

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January 27, 2020, 05:53:21 AM
Merited by ashmodeus (2)
 #46

When no government has accepted Bitcoin as a legal tender then how can you expect it to be used in a government ran Embassy..?
Also why will anyone exchange Bitcoin in an embassy when the main motto of it to be anonymous.?

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January 27, 2020, 09:46:20 AM
 #47

Here in my country bitcoin is accepted in many ways like you mentioned bills payment and many more but my country is not totally welcoming and accepting bitcoin. Yes, we can use bitcoin in many legal ways here but it is limited on most government-owned agencies.

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January 27, 2020, 05:16:30 PM
 #48

We have seen a lot of things we can use bitcoin for.like paying of bills, trading I learnt some organizations accept bitcoin not in countries like China.. etc please do they accept Bitcoin at you country traveling embassy?

not yet for offline payment, but for online payment like buy or payment pulse, toll, voucher and holiday or traveling bitcoin accepted. but i am believe that bitcoin will accept by many people in my county. only need the time to make goverment and people believe in bitcoin will used to online and ofline payment

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January 27, 2020, 05:25:02 PM
 #49

We have seen a lot of things we can use bitcoin for.like paying of bills, trading I learnt some organizations accept bitcoin not in countries like China.. etc please do they accept Bitcoin at you country traveling embassy?

I haven't came across any such facility where bitcoin or other cryptos are accepted at embassy level. Cryptos are not liked by many governments and there are very slim chances that we see any such facility in near future.

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January 27, 2020, 05:55:21 PM
 #50

it seems like the embassy does not accept bitcoin payments meaning that people in the government sometimes do not support this bitcoin because of the problem of money laundering, but in my country it is not forbidden to use bitcoin as an investment no more than that and not allowed to pay anything with bitcoin because it is illegal , even though it is forbidden, I still obey the rules of just buying and holding it in my wallet as well as some other crypto
It is not legalized in many states including China which contributes the biggest part of this market, but still people are using and adopting it in the multiple fields of their lives. Same is the case with me it is not legalized in my country also this is one of the biggest reason why it is not accepted as the payment method at small stores and shopping stores. I a still using it and having benefits from it.
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January 27, 2020, 06:01:14 PM
 #51

Nigerian government through the central bank has frowned about the cryptocurrencies and have won several time that people should not consider it as a safe and secure currency. However, there has been growing trading of the coin among the citizens. Today, you can not work a mile without seeing a poster of crypto trading. However, the acceptance of bitcoin in government agencies and other areas such as aviation and all other countries embassy have not at any time accepted crypto as a means of paying for visa applications, etc. even some of the European embassy that are known to be supporting crypto and blockchain project. probably they are trying to comply with the financial framework that has been established by the government through the central bank. Hopefuly in nearest future we can see any embassy that might be accepting crypto as a payment processor.
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January 30, 2020, 04:39:55 PM
 #52

We have seen a lot of things we can use bitcoin for.like paying of bills, trading I learnt some organizations accept bitcoin not in countries like China.. etc please do they accept Bitcoin at you country traveling embassy?
They do not accept bitcoin in my country's embassy. But I have seen a news about one embassy that allows their citizens to exchange Bitcoin for cash right at the embassy, can’t remember which country is that, someone even reposted it in this forum.

In my country if you’re looking for a place to exchange Bitcoin there are some millionaires that opened private exchange office where they exchange mainly Bitcoin and no other cryptocurrencies. I have seen a few of them agree to exchange Ethereum, but they are mainly accepting Bitcoin.
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February 02, 2020, 11:39:35 PM
 #53

We have seen a lot of things we can use bitcoin for.like paying of bills, trading I learnt some organizations accept bitcoin not in countries like China.. etc please do they accept Bitcoin at you country traveling embassy?
My country embassy doesn't accept bitcoin yet. When it starts, then we are sure that the world government has finally endorsed bitcoin as a global currency.
But cryptocurrency is already legal in my country, as it can be exchanged for our national currency.
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February 02, 2020, 11:57:28 PM
 #54

There was no Bitcoin-related news recently in my country and the government is not really on friendly terms with cryptocurrency so I guess the embassy itself is not accepting payment in cryptocurrency form as of the moment. There were only a few establishments here who accepts Bitcoin as a form of payment but they are far away from my place so I can't say much about them, I only read about them here in the forum. I'm not sure if they will do accept BTC as payment in the future but I hope they will. It's probably just a matter of time, Bitcoin needs to make its way to the government first.

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