Xiomi Portugal start accepting crypto

[dansus021]

https://u.today/xiaomi-starts-accepting-bitcoin-ethereum-and-other-cryptocurrencies-in-portugal


When amazon will not accepting bitcoin this maybe a little step to moon https://www.facebook.com/Oficial.MiStorePortugal/posts/988502345307701

what are you thoughts ?

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[Bttzed03]

I'm not surprised with the move because Portugal is known as one of the most crypto-friendly countries in Europe but I'm more intrigued with the brand. We all know that Xiaomi is a Chinese company and we also know (based on published articles) the unfriendly stance of the Chinese regulators towards crypto.

[lablab03]

I'm not surprised with the move because Portugal is known as one of the most crypto-friendly countries in Europe but I'm more intrigued with the brand. We all know that Xiaomi is a Chinese company and we also know (based on published articles) the unfriendly stance of the Chinese regulators towards crypto.

it's fine bro maybe its not about brand. Coz we all know that xiomi is one of the most popular brand because of the standard, let see what will be the impact in the market before we give doubts.. In fact like you said that country is a crypto friendly so perhaps there will be a good results because of that good news.

[mk4]

I was expecting the article to be some misleading article with like a small local tech store that sells Xiaomi accepting cryptocurrencies, and I'm really happy to be wrong. It's actually an official Xiaomi store!

And Xiaomi isn't some random bootleg tech company, they actually create great products(privacy concerns aside).

[bittraffic]

Xiaomi is a Chinese company manufacturing devices like phones. I don't doubt every Chinese are accumulating BTC though they may seem to be driving miners away. This is the kind of move that US companies should actually do as well than shutting down rumors because their government is cracking down cryptocurrency through their regulations.

But I suppose Bezos can buy up more BTC without having to accept thru his store.

[Zilon]

Xiaomi is a Chinese company manufacturing devices like phones. I don't doubt every Chinese are accumulating BTC though they may seem to be driving miners away. This is the kind of move that US companies should actually do as well than shutting down rumors because their government is cracking down cryptocurrency through their regulations.

Chinese citizens are very much in support of crypto companies but the challenge has always been with the government who tries to gain autonomy of the general assets in the country. It's a nice and welcome idea for xaiomi and a great news for the crypto industry as well waiting for more partners no matter how small the are let's take crypto a step higher

[NeuroticFish]

Xiaomi fights hard to get as big as possible share of the market (they did surpass Apple!). They started with making reasonably good products at reasonable prices (still, the privacy concerns remain) and accepting bitcoin is just a step forward in getting some more customers.
Does this mean that they'll keep bitcoin or will actually receive fiat at the end of the day? I tend to believe it's still the fiat, sadly. Nevertheless, it's still good news.

[dupee419]

Not to join in with the hype or be a Xiaomi fanboy but I strongly agree with Xiaomi's decision on accepting crypto as a mode of payment. Xiaomi is from China and the company itself has made its name after bringing out affordable but powerful smartphones, And now that they are accepting crypto as a new form of mode of payment, this can definitely accumulate more customers.

[YOSHIE]

what are you thoughts ?

I often read that Portuguese people/entrepreneurs/government treat Bitcoin well.

After I saw the topic about Xiaomi in portugal, I assume portugal the company in portugal has added new rules for the portugal people in buying Xiaomi cellphones, Previously they also made it easier to buy Property with Bitcoin, now they are doing something useful for bitcoin users in buying Xiaomi cellphones.

Xiaomi in my country is also one of the most widely used products by many people, the price is also quite cheap and affordable, in my opinion the Xiaomi company, I hope the system used by the Xiaomi company in Portugal can also be implemented in my or in every country that has Xiaomi products, even though it comes from china.

[Kong Hey Pakboy]

Xiaomi fights hard to get as big as possible share of the market (they did surpass Apple!). They started with making reasonably good products at reasonable prices (still, the privacy concerns remain) and accepting bitcoin is just a step forward in getting some more customers.
Does this mean that they'll keep bitcoin or will actually receive fiat at the end of the day? I tend to believe it's still the fiat, sadly. Nevertheless, it's still good news.

When people learn of the capabilities that Xiaomi has on their phones and their price range compared to a latest model of an iPhone, I am sure that their market popularity is going to jump in prices because they do deliver what they advertise on their phone, and I am currently using one of their models and I am jubilant that it's working as intended. It's a good news that they're getting into crypto too because it could add another way for them to profit in the future, I hope that it will expand more than Portugal.

[NeuroticFish]

When people learn of the capabilities that Xiaomi has on their phones and their price range compared to a latest model of an iPhone, I am sure that their market popularity is going to jump in prices because they do deliver what they advertise on their phone, and I am currently using one of their models and I am jubilant that it's working as intended.

While I also use their products (and not only phones!), I won't jump in joy for their smartphones. They are indeed pretty good for their price, but, again, everybody should be warned again and again:
It's a Chinese company with heavy control from their communist party. I would be surprised if they don't "send at home" at least now and then various information about their users. There's a strong security concern around them and one should be aware of what he holds in his pocket basically 24/7.

[romero121]

Not to join in with the hype or be a Xiaomi fanboy but I strongly agree with Xiaomi's decision on accepting crypto as a mode of payment. Xiaomi is from China and the company itself has made its name after bringing out affordable but powerful smartphones, And now that they are accepting crypto as a new form of mode of payment, this can definitely accumulate more customers.

Cryptocurrency as a mode of payment from Xiaomi is a big step. Xiaomi is a grown country that has reached good market value in a very short term with its affordable list of smartphones, smart TV's and othe gadgets in the market. Now cryptocurrency acceptance from Xiaomi Portugal will increase its fanbase. Being a Chinese firm it has started the service with Portugal before it's service in Asian Countries.

[pakhitheboss]

Not to join in with the hype or be a Xiaomi fanboy but I strongly agree with Xiaomi's decision on accepting crypto as a mode of payment. Xiaomi is from China and the company itself has made its name after bringing out affordable but powerful smartphones, And now that they are accepting crypto as a new form of mode of payment, this can definitely accumulate more customers.

Xiaomi is part of Tencent, If they are accepting cryptocurrency then other companies that Tencent owns might start accepting cryptocurrency in the future. Then there is CCP which indirectly controls Tencent, their policy is to completely ban cryptocurrency in China but, they are willing to accept it from a foreign country. What exactly is China's policy on cryptocurrency? If anyone has any idea then do quote.

[rhomelmabini]

Xiaomi was in partnership with Microsoft but isn't ex-CEO of Microsoft Bill Gates an anti-crypto or specifically Bitcoin? Well, read somewhere that Microsoft is crypto friendly but I don't see any legitimate claim but I see this ION project from Microsoft that builts atop Bitcoin blockchain. Just trying to thread here.

[Nunoluck]

I think this is very good news, there are so many FUD during this bearish market trend. I think we are close to the next bullish market trend. I hope atleast it can prevent bitcoin price to fall deeper. For me this is important because most of people use smartphone and pretend the smartphone is part of themselves, so more people will be more familiar with bitcoin. In my opinion it is also a clever decision because cryptocurrency community is a big community, targeting this market will be very profitable for the company.

[Renampun]

https://u.today/xiaomi-starts-accepting-bitcoin-ethereum-and-other-cryptocurrencies-in-portugal


When amazon will not accepting bitcoin this maybe a little step to moon https://www.facebook.com/Oficial.MiStorePortugal/posts/988502345307701

what are you thoughts ?

hopefully, not only Xiaomi in Portugal accepts crypto but in all branches...

Portugal is one of the crypto-friendly countries, this is what makes the Xiaomi Portugal branch not hesitate to accept crypto. Portugal has left china far behind.

[Rikafip]

And Xiaomi isn't some random bootleg tech company, they actually create great products(privacy concerns aside).

Yep, Xiaomi became what Samsung was 10-15 years ago. I own several of their products and when looking for something that offers good value for money, you can always count on Xiaomi no matter what you are buying; whether its mobile phone, laptop, TV, vacuum cleaner or something else.

Xiaomi fights hard to get as big as possible share of the market (they did surpass Apple!).

It is just a matter of time before they surpass Samsung too worldwide, as  they already managed to do that here in Europe during Q2 2021.

Anyway, definitely positive news and expecting the same from Xiaomi in other countries as well.

[Republikcoin.com]

https://u.today/xiaomi-starts-accepting-bitcoin-ethereum-and-other-cryptocurrencies-in-portugal


When amazon will not accepting bitcoin this maybe a little step to moon https://www.facebook.com/Oficial.MiStorePortugal/posts/988502345307701

what are you thoughts ?

Xiaomi is a big company that is popular even as a competitor to the iPhone in the world of the smartphone business. The adoption of bitcoin by Xiaomi certainly opens up opportunities for Bitcoin owners to buy Xiaomi products using alternative cryptocurrency payments. However, this decision does not sufficiently affect the interest of investors, because it seems that this is a decision made by Xiaomi from Portugal only and not globally.

[sunsilk]

I firstly thought about Xiaomi since the title isn't complete and then yeah, it's really Xiaomi of Portugal. This is just another move from this retailer that's going to be passed on with another retailer that will try to compete with what they've done.

It's for sure that the adoption will come no matter what rejection the biggest retailers and companies will do to bitcoin. They're not the only companies that shall accept bitcoin, there's more and it's just starting.

[Kong Hey Pakboy]

~~~

While I also use their products (and not only phones!), I won't jump in joy for their smartphones. They are indeed pretty good for their price, but, again, everybody should be warned again and again:
It's a Chinese company with heavy control from their communist party. I would be surprised if they don't "send at home" at least now and then various information about their users. There's a strong security concern around them and one should be aware of what he holds in his pocket basically 24/7.

I don't know if it's true though but they have already claimed to not be in any way connected to the Chinese government not to mention that they don't have plans to divulge their data to anyone and they aren't a big market in China so I don't worry too much but it could be true and that they are really doing something shady.