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Author Topic: The World's Largest Electronic Music Store Accepts Bitcoin  (Read 353 times)
Darker45
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April 23, 2021, 02:47:59 AM
 #21

I don't think I'll be shopping at Beatport anytime soon but this is a right step towards global adoption. Tesla and Microsoft are some of the biggest companies in the world and now more businesses are joining them in accepting bitcoin. Every once in a while we hear news like this and it is impressive how far bitcoin has come as a currency.

Same here. I'm not even sure if I'd ever become one of Beatport's customers in my entire life, but news of Bitcoin's acceptance as payment sounds more interesting and exciting to me than news of rich companies and wealthy individuals accumulating and hoarding billions and billions of Bitcoin. The former is clearly what we all want more of, that Bitcoin is going to be accepted as a currency, and that it is an obvious step toward everyone's vision of a world where people could buy and sell stuff with Bitcoin anywhere.

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April 23, 2021, 03:12:54 AM
 #22

Again, thanks to NFT's.
Business in art industry are opening up different option of payments now because of that. Bitcoin is the first choice to also have free advertisement in crypto news.  Cheesy
We might see more of this kind of news where business owners are looking on how to connect with NFT then with how it's done.
It's not just social media which helped introduce Bitcoin now but the new way of selling their art is also helping. Indeed a good news.

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April 23, 2021, 01:57:23 PM
 #23

Will I be able to use my Ownr crypto card to pay at this store? Or which crypto card can I use?
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April 23, 2021, 11:20:54 PM
 #24

I remember buying some cheap beats from Beatport way back 2015 for a project that never came into fruition. I'm surprised that even with the rise of Soundcloud, YouTube, and other online stores for music they are still around and still doing business. IMO, they aren't really that big, but it's enough of an initiative to gain the attention of other similar online services to try and accept bitcoin. This may not be one of those integration that could really turn the tides, but at the least we gained one new service that accepts bitcoin as-is.

As for the NFT, I don't really care much about those things but apparently they are the thing that most people are eyeing right now.

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June 04, 2021, 03:50:04 AM
 #25

It's really a pleasant thing, just like Tesla can buy it with bitcoin. I hope to see more and more news like this. Smiley

This shows that bitcoin is gradually accepted and recognized by everyone, and is gradually integrated into our life.
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June 04, 2021, 04:47:04 AM
 #26

Good sign that adoption is a real thing and not just any imagined thing, people and companies recognizing the benefits and utility of bitcoin is pretty much an indicator that the market is ready for new heights and we will see more out of it because people and companies will continue adopting it to the point that everyone has already habe it.
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June 04, 2021, 05:07:19 AM
 #27

It's really a pleasant thing, just like Tesla can buy it with bitcoin. I hope to see more and more news like this. Smiley
Where have you been this past month? tesla no longer accepts bitcoin as payment. they retracted their decision regarding accepting bitcoin after "realizing" that bitcoin consumes so much energy and is concerned about the climate. but do and would like to see more stores/companies accepting bitcoin.

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June 04, 2021, 03:51:38 PM
 #28

Where have you been this past month? tesla no longer accepts bitcoin as payment. they retracted their decision regarding accepting bitcoin after "realizing" that bitcoin consumes so much energy and is concerned about the climate. but do and would like to see more stores/companies accepting bitcoin.

Tesla initially had a good impact on the development of bitcoin because it had adopted bitcoin as a means of payment to buy its products. But Tesla's decision to stop accepting Bitcoin was a decision that made Bitcoin slowly crash, but it doesn't affect him anymore for now.

Apart from tesla and the music store mentioned by the OP, maybe later there will be more adoption by other big companies. this is the best opportunity for bitcoin to grow and be increasingly recognized by the world.
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June 04, 2021, 04:07:52 PM
 #29

This is an interesting piece of news for the crypto community. One of the major ways of passing information or promoting a content is through the media and music is a vital part of media.
I believe this will go a long way in promoting bitcoin among the masses because a lot of people would accept bitcoin just because of this. This means that it wouldn't be long before bitcoin becomes the number one currency in the world.

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June 04, 2021, 06:50:32 PM
 #30

Founded in 2003, BitPort quickly became a global online music market where DJs could purchase tracks they played throughout their series.
This is probably because this company sells its services online. Listed bitcoins from any country, get a musical composition. Everything is fast and without any problems with translations.
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June 04, 2021, 07:00:30 PM
 #31

Good to know that some organisations (big organisations) still have faith on btc even though some undesirable elements are trying so hard to prove otherwise,
Am glad that in the midst of all this btc drama we can still receive positive news to boost the condition of the market, this community is stronger than a mare tweet.

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June 04, 2021, 09:47:21 PM
 #32

It's really a pleasant thing, just like Tesla can buy it with bitcoin. I hope to see more and more news like this. Smiley
Where have you been this past month? tesla no longer accepts bitcoin as payment. they retracted their decision regarding accepting bitcoin after "realizing" that bitcoin consumes so much energy and is concerned about the climate. but do and would like to see more stores/companies accepting bitcoin.

^ I hope this news will not become worst in the future just like what happened to the Tesla company. There are big risks on those big institutional investors that adopted BTC or accepting BTC, because anytime when they like to sell as they want, it always has an impact on the market. It could be we consider them a whale that can someday manipulate the price, we have done used by Elon Musk so I hope in the next generation people will learn from those mistakes and avoid not happen again. Nevertheless, we still are thankful for this news, and probably our fears will not happen in the future.
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June 04, 2021, 10:21:55 PM
 #33

It's really a pleasant thing, just like Tesla can buy it with bitcoin. I hope to see more and more news like this. Smiley
Where have you been this past month? tesla no longer accepts bitcoin as payment. they retracted their decision regarding accepting bitcoin after "realizing" that bitcoin consumes so much energy and is concerned about the climate. but do and would like to see more stores/companies accepting bitcoin.

^ I hope this news will not become worst in the future just like what happened to the Tesla company. There are big risks on those big institutional investors that adopted BTC or accepting BTC, because anytime when they like to sell as they want, it always has an impact on the market. It could be we consider them a whale that can someday manipulate the price, we have done used by Elon Musk so I hope in the next generation people will learn from those mistakes and avoid not happen again. Nevertheless, we still are thankful for this news, and probably our fears will not happen in the future.

Considering the daily volume Bitcoin has I wouldn't call Tesla a super whale. They bought for $1.5 billion and sold some. Deducting any profit they made, maybe they are still sitting on roughly 30,000 Bitcoin. They can't destroy the market in my opinion. That should be absorbed just fine.

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