Xiomi Portugal start accepting crypto

[bitmover]

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

This is my main concern when using any chinese software/equipment.

I may be wrong, but I prefer a company like Google or Amazon spying on me than some chinese company. At least we have human rights in the countries where google/amazon are based on, so those companies will apply to more strict regulations regarding personal data.

Specially when buying a new smartphone/computer, which i add a lot of personal data.

[rina aulia]

So, no they will not accept it.....for now!

Omg, they have confirmed back from the news that they initially received bitcoin, I don't understand very quickly xiaomi respond if from the beginning xiaomi portugal did not want to accept bitcoin.

[joker_josue]

So, no they will not accept it.....for now!

Omg, they have confirmed back from the news that they initially received bitcoin, I don't understand very quickly xiaomi respond if from the beginning xiaomi portugal did not want to accept bitcoin.

They simply did not consult Xiaomi Global about this possibility.

Xiaomi Portugal, is just an affiliate of Xiaomi Global, they are two different companies. This is the company Select Smart, Lda, which is an official partner of Xiaomi in Portugal and the official authorized reseller that operates through Mi Store Portugal. In other words, to maintain this status, they have to do things according to Xiaomi Global standards.

[Slow death]

What exactly is China's policy on cryptocurrency? If anyone has any idea then do quote.

from what i understand the chinese government wants to have all control over its people, but also if some chinese are in another country and found a company he can accept bitcoin that the chinese government will not persecute that person. The Chinese government just doesn't want to know about decentralized things in your country so as not to threaten its political and control system


well I wonder how many people will stop hodl to take their bitcoin and go buy things at Xiaomi Portugal

[just_Alice]

With all due respect to Xiaomi technology, I doubt that this will have an impact on the crypto market or adoption. This is not the first tech company that has introduced cryptocurrencies to its customers. As indicated in the article, Samsung has already done that with proposed blockchain wallets, HTC also had something of the sort, and all of that happened 1-2 years ago, but we didn’t see any effect resulting from these innovations.

The thing is, there are so many features in the tech world (and smartphones, in particular) right now that people don’t know how to use half of them, and blockchain, cryptocurrencies are yet another features that most people would most likely never use. I think Amazon adoption would’ve had a greater impact.

But generally, it’s good, maybe something will be out of it indeed, let’s see. I’m also interested to see how China will react to these new developments, Xiaomi is registered in there, after all.

[mbe48]

This is a step to walk to the moon, Xiaomi recently surpassed Apple in the smartphone market trying to live up to its motto of providing “innovation for everyone” by moving to crypto. However, it is not surprising that Xiaomi has chosen Portugal as a test ground for digital asset payments considering that it is considered the most crypto-friendly country in Europe due to its tax policy.

[Boov]

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 ?

The second link isn't accessible mate, but anyways all details you've shared from first one has been doing great about xiaomi that's already accepting bitcoin for their products.
Furthermore, my thoughts for this current developments on cryptocurrency adoption which Bitcoin is mainly involved is that more opportunities will come at this point. In fact bitcoin now started to soar and at the latest price of $42k. Definitely this is a good signs to consider and positive feedbacks still continues to become transparent.

[Bitstar_coin]

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 ?

Amazon is warming up, they will have no choice than to accept btc when the time comes, they are the ones that will be at great loss, they will eventually miss out if they fail to recognise the opportunity that is involved by introducing btc as a means of transaction, they should bull by the horn, others are already doing the right thing by accepting btc.

[dificanovi]

hopefully this will greatly affect the price of bitcoin for the better in the future. I've also noticed lately that there's been some good news about bitcoin, I think this is the driving force behind the bitcoin price to get to the moon. it's time to wait for a very big harvest at the end of this year.

[Wong Gendheng]

hopefully this will greatly affect the price of bitcoin for the better in the future. I've also noticed lately that there's been some good news about bitcoin, I think this is the driving force behind the bitcoin price to get to the moon. it's time to wait for a very big harvest at the end of this year.

Of course this will have a positive impact on crypto, more and more global companies are accepting bitcoin so that the use of bitcoin will continue to increase and of course we will get big profits by holding bitcoin.

[AmoreJaz]

hopefully this will greatly affect the price of bitcoin for the better in the future. I've also noticed lately that there's been some good news about bitcoin, I think this is the driving force behind the bitcoin price to get to the moon. it's time to wait for a very big harvest at the end of this year.

Of course this will have a positive impact on crypto, more and more global companies are accepting bitcoin so that the use of bitcoin will continue to increase and of course we will get big profits by holding bitcoin.

what the irony here is that - China is banning bitcoin miners, while this Xiaomi, a Chinese tech company, is accepting crypto as payment. do you see the picture here? 
but definitely, this news is good for us. the more adoption of crypto payment, the better for the community. we actually need more merchants accepting crypto as payment to increase the demand in the market. the higher the demand, the higher the price.

[Vaskiy]

Cryptocurrency adoption will enrich the usage of cryptocurrency market. What we see with Xiaomi is similar news, because people are more positive about it, bit there is official news stating the stop of bitcoin acceptance on the Portugal branch temporarily.

The Xiaomi headquarters iin China mainland has requested the Portugal section to stop the bitcoin acceptance for now. This is part of the Chinese regulations, but whats the need of making such a decision on the European nations. Let's wait what the next step forward from China.

[mk4]

Turn out you weren't wrong, but, are you still happy? 

Not necessarily disappointed, but shocked on the incompetency of that specific branch lol.

This is my main concern when using any chinese software/equipment.

I may be wrong, but I prefer a company like Google or Amazon spying on me than some chinese company. At least we have human rights in the countries where google/amazon are based on, so those companies will apply to more strict regulations regarding personal data.

Specially when buying a new smartphone/computer, which i add a lot of personal data.

Yea, if you'd force me to choose, I'd rather that Google gain access to my data than China. But then again, Google ain't the good guys regardless and I'd definitely prefer no one having access to my data.

[noorman0]

The news has been published on cointelegraph. Even though the partners are scattered around the world who can adjust local policies independently, Xiaomi Global is still based in China which is not crypto friendly. This means that the Chinese government can still control the policies of any branch of the company as long as it is based in China, even if they are already in a country with different regulations.

[btc78]

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 ?

this is one of the most popular gadget provider in my country , since fortugal starts accepting crypto then there is a chance that in here there will be acceptance also?
this is a big break for the company, the country and also the crypto fanatics in which looking for more places where they can spend their coins directly without needing to go shopping outside physically specially this pandemic years.
i will surely buy my very first mobile purchase using my crypto onc Xiaomi  here will do the same as fortugal did.

(OP please rewrite the spelling it is XIAOMI and not XIOMI .

[joker_josue]

In the middle of all this I raise a question, which I think is the most important:
Who has Bitcoin, is available to buy products directly with it?

Honestly, I don't think so! How many people are available to buy a smartphone that is currently worth 0.009BTC and tomorrow will only be worth 0.002BTC, due to the rise of Bitcoin?

[dansus021]

In the middle of all this I raise a question, which I think is the most important:
Who has Bitcoin, is available to buy products directly with it?

Honestly, I don't think so! How many people are available to buy a smartphone that is currently worth 0.009BTC and tomorrow will only be worth 0.002BTC, due to the rise of Bitcoin?

maybe they will use third payment like coinpay or something else to convert bitcoin to fiat instantly but if this true people not gonna buy with bitcoin they will choose other than bitcoin like litecoin eth or xrp

bitoin is very valuable hahahha

people in here talk about being spy by the company, people are quite understand about this before the buy, but if they still buy they must accept the negative side

and by the way im also xiaomi user, it because cheap and reliable (beside privacy and batery problem  )

[joker_josue]

people in here talk about being spy by the company, people are quite understand about this before the buy, but if they still buy they must accept the negative side

and by the way im also xiaomi user, it because cheap and reliable (beside privacy and batery problem  )

That's another false question.
Furthermore, all smartphones are built in factories in China. It was easier than you think, creating this "such spy". Not to mention home appliances, and many other electronic components.

[Tahsin Kabir Kollol]

The adoption of cryptocurrencies by institutions in different countries is having a positive impact on the world. Bitcoin transactions of such companies will increase its acceptability and will spread the word about Bitcoin among the general public. The steady rise in the price of Bitcoin is forcing individuals and organizations to think about it. As a result, many well-known first-place companies have begun to think about the use of Bitcoin. I think the process of using Bitcoin as a medium of the transaction has already started and the results are visible at the present time.

[Semar Mesem]

The adoption of cryptocurrencies by institutions in different countries is having a positive impact on the world. Bitcoin transactions of such companies will increase its acceptability and will spread the word about Bitcoin among the general public. The steady rise in the price of Bitcoin is forcing individuals and organizations to think about it. As a result, many well-known first-place companies have begun to think about the use of Bitcoin. I think the process of using Bitcoin as a medium of the transaction has already started and the results are visible at the present time.

Of course they have developed a few years ago and when the development is successful it will be announced now, this will certainly have a big impact on bitcoin so the price will be even more expensive.