Pay for coffee with Bitcoin

[Henrobakkara]

Very interesting to know how you can operate a coffee shop in a country where cryptocurrency is banned and will also want to know the location of this coffee shop too as that will give credibility to this story as other members have also requested may be a government paper or certificate of operation will clear the air on this and will help promote your new coffee business.

I don't think this will be a problem for the OP because as far as I know, all of such king of Businesses operating especially in places like FCT where the OP said will have to apply for a Government permit to operate so probably have one but I think since the issue would be that Crypto trading is restricted in Nigeria so how is the OP collecting payments and how popular is this news cos I know FCT is the seat of the Government and with a News like this, the Authorities will be on your AS$ ASAP for violation of the law.

[macson]

In a third-world African country, Nigeria operated by Female CEO. Hello, friends am from Nigeria a country where government regulation on cryptocurrency is flexible according to the law, the CBN which is the apex central bank warns against the risk involved in it and advise Nigeria to be careful, but Nigeria is one of the highest in terms of cryptocurrency adoption according to statistics. With the decentralized nature of Bitcoin that have Thousands of Nigeria Citizens who have knowledge of blockchain and digital currencies and have adopted it, In December 2022 I launched a campaign among crypto friends to adopt Bitcoin as a mode of payment in our venture and outlets, on 31st of January I open a Coffee shop and the Capital City Abuja for Bitcoin and none Bitcoin customers. This is aimed at promoting Bitcoin adoption and, as a newbie member here, I wish to see your advice and suggestions.

Thank Odusko

maybe for now there are no customers who pay with Bitcoin in your shop but keep survive because in the future when more Nigerians understand bitcoin, then you will be the first and surely your coffee shop will be very famous.  staying afloat is the key to success in crypto.

[browsiek]

Based on the purpose of introducing Bitcoin that you want to spread, it would be better to review the situation of the people around you. After all, even though a country, especially where you live, is almost familiar with crypto, the promotion aspect must continue. In this way, the launch of the project and the promised outlet will be expected to develop according to the goals to be achieved. Believe that over time, both the government and citizens will continue to pay attention to the growth of Bitcoin on a micro and macro scale.

[fzkto]

In my country the price of coffee is so cheap that it is impossible to sell coffee using Bitcoin as a means of payment. If it is calculated, the transaction costs will be greater than the price of the coffee sold.
I think that's why you don't have any Bitcoin customers, nor do I know how much coffee costs in your country.
I prefer to sell something that is more valuable and has greater benefits, for example selling computer equipment, selling electronic equipment and selling household furniture such as (tables, chairs, cabinets, etc.)

I agree with you that bitcoin is not the best option for paying for purchases, as you spend almost as much on fees when you make small payments. There is also another important issue, which is the payment of taxes for the organisation. It is not clear to me how the government will regulate the purchases?

[Ararbermas]

In my country the price of coffee is so cheap that it is impossible to sell coffee using Bitcoin as a means of payment. If it is calculated, the transaction costs will be greater than the price of the coffee sold.

yhup probably that would be the reason why Op still don't have costumer up to now..and i think it will become more reasonable to have bitcoin as a payment if you're selling expensive coffee as well like" kopi luwak" which the price ranging between $100 to $200 because surely those rich people who loves such expensive coffee in your country will gonna visit your coffee shop and pay bitcoin and since they are rich probably they don't mind about the fess. Lol

[BITCOIN4X]

yhup probably that would be the reason why Op still don't have costumer up to now..and i think it will become more reasonable to have bitcoin as a payment if you're selling expensive coffee as well like" kopi luwak" which the price ranging between $100 to $200 because surely those rich people who loves such expensive coffee in your country will gonna visit your coffee shop and pay bitcoin and since they are rich probably they don't mind about the fess. Lol

Use LN if you want to pay for coffee at a lower price, it's a great payment option for smaller amounts with bitcoin. Although I suggest you use LN to pay smaller price with bitcoin but I have never tried it because my country prohibits using bitcoin as a means of payment. I have to convert bitcoin to fiat if I want to pay for something, so this is the reason why I haven't tried it yet.

Actually I also haven't tried whether Electrum can be used to send bitcoins worth $1-$2 with a transaction fee of 1 sat/byte. If that's possible then I think people still have the option of paying for a pack of cigarettes with bitcoin.

[retreat]

this is one of my dreams, which is to have a coffee shop that accepts payments with Bitcoin but what can I do, in my country Bitcoin is strictly prohibited as payment, business people who violate it will be penalized by the government and in the worst case scenario can be jailed. you are lucky enough to live in an area that is not so hard on Bitcoin, hope your business thrives.

[isaac_clarke22]

~

For just an ordinary cup of coffee, it might seem like that but hey people are innovative to coffee these days and putting all kinds of stuff. Most coffee shops here in my country are also selling frappe. From that they could at least adjust the price up wherein, it won't be an issue where you pay a fee and get a free coffee. It's not that difficult to be honest, unless you're still doing a startup for coffee shop business though I would advise sticking first to fiat and wait for your business to expand as well as your capital before you put Bitcoin payments as an alternative method of transaction there.

[Yamifoud]

this is one of my dreams, which is to have a coffee shop that accepts payments with Bitcoin but what can I do, in my country Bitcoin is strictly prohibited as payment, business people who violate it will be penalized by the government and in the worst case scenario can be jailed. you are lucky enough to live in an area that is not so hard on Bitcoin, hope your business thrives.

Ohh, that was soo sad. It sometimes happens that the government is our enemy, blocking our desires and a better future. But as the use of Bitcoins is strictly prohibited, you'd better not try as surely the authorities will come to you and that can be possible to OP as well.
Maybe, if you can move to another country where Bitcoin is not prohibited and continue your dream otherwise, you will run your coffee shop accepting fiat money only.

[Odusko]

I find it amusing to see that third-world countries are starting to adapt and integrate BTC in their mode of transactions on payments. I just do not understand on why some first world countries are missing out in this opportunity, given that cryptocurrencies are starting to take over predominantly on the market.

Who is missing what?
https://coinmap.org/view/#/world/33.50475907/58.71093750/3



Anyhow, for pages on this topic and yet we still don't have
- a clue where the coffee is located
- some pics of the coffee shop
yet the owner says is doing everything to promote it, lol.

In contrast, looking at another topic about coffee and crypto the first things posted where the location and picture of the menu.

Makes you really wonder, is this so-called coffee shop even real?

Business is not easy in a harsh economy such as we have in Nigeria that is why so many starts up never attain success, in the long run, I have been going through paperwork for over some weeks now trying to get a certificate from the National Agency for food and drugs and also some revenue certificates all this is time and resources consuming, to this very moment the business has not fully kicked off because of all these challenges.

[jhonjhon]

Nice move mate! Soon bitcoin will be accepting every corner store of the world.. That's the way we all connected with one global decentralized digital currency. The currency for the people by the people!  Thumbs up! Hope it will gonna be sucessful.Goodluck

[Odusko]

Nice move mate! Soon bitcoin will be accepting every corner store of the world.. That's the way we all connected with one global decentralized digital currency. The currency for the people by the people!  Thumbs up! Hope it will gonna be sucessful.Goodluck

Yes mate we can not stop promoting Bitcoin as an alternative to faint currency 💵 if you check the statistics of global Bitcoin adoption a lot has happened in recent times as more people and companies are beginning to move to digital currency and blockchain adoption. Once the government is not an anti Bitcoin any business can easily drive to meet up with present global demands.

[LUCKMCFLY]

Nice move mate! Soon bitcoin will be accepting every corner store of the world.. That's the way we all connected with one global decentralized digital currency. The currency for the people by the people!  Thumbs up! Hope it will gonna be sucessful.Goodluck

Yes mate we can not stop promoting Bitcoin as an alternative to faint currency ?? if you check the statistics of global Bitcoin adoption a lot has happened in recent times as more people and companies are beginning to move to digital currency and blockchain adoption. Once the government is not an anti Bitcoin any business can easily drive to meet up with present global demands.

Although I am also very pro bitcoin, I know that all this is going to happen, in fact anything can be bought with BTC, I have seen on my phone that both Mc Donald, Wallmart, among other very famous chains will begin to accept BItcoin, and if a coffee is just something small with everything that will come, it is something impressive, but I think this will give rise or give the starting point for those countries that have stayed in the device and do not want to believe in BTC, this in itself will develop the mass adoption of BTC.

[lornadane]

To adopt bitcoin as payment method for your business only isn't enough right now, because the adoption by potential customers is too low yet.

You also need to launch campaigns promoting bitcoin in your area together with your coffee shop or offer some interesting promotions and discounts for those who pay with bitcoin. This way people will feel incentivized to use btc as currency, so you will have the customers you are looking for.

Does that make it easier for customers because not all of their customers recognize bitcoin, sometimes there are also new customers who don't know the crypto world, how do they pay for it?
Does he only enforce his payment with bitcoin only.?
I think he is better off making two payment methods other than bitcoin and paper money.
Because not all prospective customers think the same.

[haasanjui]

Starbucks coffee is a coffee shop where you can buy coffee via bitcoin app which change btc in usd. It is new payment source which shows that a coffee shop owner is ready to survive in modern world with modern currency.

[yohananaomi]

actually is your main goal is what? do you want to provide education to beginners there so they can get to know bitcoin better or so that your business can run well? actually can run simultaneously, because by educating many beginners, so that what you want to achieve can be realized properly. Of course, the effect of many who know bitcoin, the business you are pioneering will also get a reward from this, because they will pay with bitcoin.
Of course, what you just do is certain to experience obstacles because no business can be immediately successful, but the business you are starting needs to be appreciated and deserves it.
good luck for the future.

[vania vin]

In a third-world African country, Nigeria operated by Female CEO. Hello, friends am from Nigeria a country where government regulation on cryptocurrency is flexible according to the law, the CBN which is the apex central bank warns against the risk involved in it and advise Nigeria to be careful, but Nigeria is one of the highest in terms of cryptocurrency adoption according to statistics. With the decentralized nature of Bitcoin that have Thousands of Nigeria Citizens who have knowledge of blockchain and digital currencies and have adopted it, In December 2022 I launched a campaign among crypto friends to adopt Bitcoin as a mode of payment in our venture and outlets, on 31st of January I open a Coffee shop and the Capital City Abuja for Bitcoin and none Bitcoin customers. This is aimed at promoting Bitcoin adoption and, as a newbie member here, I wish to see your advice and suggestions.

Thank Odusko

wow this is amazing where your country has been able to make transactions using bitcoin I want to visit your country to feel the sensation of transactions using bitcoin so far I only exchange bitcoin for dollars I can't make transactions with bitcoin in my country, hopefully by the end of the year I can visit Your country.

[BlackBaron]

Does that make it easier for customers because not all of their customers recognize bitcoin, sometimes there are also new customers who don't know the crypto world, how do they pay for it?
Does he only enforce his payment with bitcoin only.?
I think he is better off making two payment methods other than bitcoin and paper money.
Because not all prospective customers think the same.

Now the times have changed no longer in the 2010 position, everyone generally uses e-money applications for shopping and all transactions for online payments. So I'm not sure that people still understand Bitcoin which is easier than fiat e-money apps, I think it's a new sensation to enjoy coffee with BTC payments.

[panukurap]

Allowing Bitcoin to pay for your coffee in my opinion is a good idea. Your intention to introduce Bitcoin to other people indirectly will also increase besides that you can still manage the business you are running. So both of them can keep running. Good concept if you really use it, because now crypto users are also increasing than last years.Payments using Bitcoin are also actually much easier and faster than fiat and don't take up space to store them.

[verita1]

I believe that currently Nigerians cannot buy bitcoin with their local currency. So Nigerians who want to trade their bitcoin find it necessary to generate their bitcoin income. They undertake their businesses so as not to lose the freedom that bitcoin gives them.
Seeing it from this point of view, if it is not prohibited by its rulers, there will be more entrepreneurship accepting bitcoin as a means of payment.
Good luck Nigerians, you have shown strength in pursuit of cherished freedom.