Pay for coffee with Bitcoin

[MARK21]

Personally, it is something that should happen, an example of this is Gucci, I know it is not like buying a coffee, but Gucci is accepting Cryptocurrencies as forms of payment, it is something that the large markets should have.

[amishmanish]

I think "A lot can happen over coffee".. The Bit coin is brewing up into a elixer which everyone will seek in future.
Cofee is just a start, in future we will see major online stores accepting bitcoin and this will give a major boost to bitcoin economy. Those who belive that days of astronomical returns from bitcoin are over, made a immature calculation. As soon as major economies start accepting bitcoin, We will see astronomical rise in bitcoin economy

[Xxmodded]

I think "A lot can happen over coffee".. The Bit coin is brewing up into a elixer which everyone will seek in future.
Cofee is just a start, in future we will see major online stores accepting bitcoin and this will give a major boost to bitcoin economy. Those who belive that days of astronomical returns from bitcoin are over, made a immature calculation. As soon as major economies start accepting bitcoin, We will see astronomical rise in bitcoin economy

I think is good way begin with coffee store accepted payment currency using bitcoin next time have chance for other store adopt bitcoin as legal currency transaction, but still need allowed by Nigerian government they have adopt and legal using bitcoin as currency transaction payment or not. Nowadays have several shop store accepted bitcoin as legal currency transaction but they not asking about how regulation from their government by using bitcoin or cryptocurrency as payment currency, that have been legal or still not allowed.

[rodskee]

In a third-world African country,

Thank Odusko

There was  a Similar situation in My country as we are also a 3rd world country but the Coffee shop is 4 hours drive from my place meaning it is in 4 city from here so there is no time for me to visit .
But I'm planning for this in the next 3 months as my vacation is coming to place.
Lets support Business like this guys because this is how we can move adoption into reality if there are many cryptonians that will apply these currencies into their businesses.

[goldkingcoiner]

Personally, it is something that should happen, an example of this is Gucci, I know it is not like buying a coffee, but Gucci is accepting Cryptocurrencies as forms of payment, it is something that the large markets should have.

Well, you are certainly not entirely wrong. This is something that the large markets do have. The main goal, in the case of Gucci, is to find new loyal customers and partners from a different crowd of people. Its just crypto fans that Gucci is after. Basically just a big PR Stunt do get crypto holders attention towards their own brand and their own company.

Marketing strategies aside, Gucci is not something I would buy even if the price did not bother me. I am a simple person with a simple philosophy: It does not matter whos logo is on your shoes, you're still a walking advertisement.

[IIrik11]

i don't think it is going to happen in india anytime soon.

the government is keen on making sure that business don't start accepting btc as payment.

and the way they did this is very cruelly by adding 30% tax on crypto gains.

on top of that any expenses you incur accepting crypto cannot be deducted from the gains, such as platform fee, tx fee, etc.

therefore, the companies or business hoping to accept bitcoin for payment will just back off.

because they will not want to go through the hassle of doing so.

[Odusko]

i don't think it is going to happen in india anytime soon.

the government is keen on making sure that business don't start accepting btc as payment.

and the way they did this is very cruelly by adding 30% tax on crypto gains.

on top of that, any expenses you incur accepting crypto cannot be deducted from the gains, such as platform fee, tx fee, etc.

therefore, the companies or businesses hoping to accept bitcoin for payment will just back off.

because they will not want to go through the hassle of doing so.

My country used to have a strong anti Bitcoin law that prohibits citizens from cryptocurrency transactions but we the youths have seen cryptocurrency as the way to financial freedom and have embraced its p2p usage, not until recently when the SEC gave out guidelines for cryptocurrency usage within the business space. But all pointed to taxation.

[dlightag]

That is very interesting information you share, these we make  newbie to know bitcoin as a digital assets, which you can used it to buy anything online,  as he mention about the coffee stand, that you can pay with bitcoin which is very possible, that is very big welcome development to African

[Quidat]

That is very interesting information you share, these we make  newbie to know bitcoin as a digital assets, which you can used it to buy anything online,  as he mention about the coffee stand, that you can pay with bitcoin which is very possible, that is very big welcome development to African

Here on my country where there are lots already of merchants which do really accept bitcoin and other altcoins in terms of their services or products which is something really that good to have
yet you would really be having options whether you do make use of your coins or would simply stick with fiat.For the benefit of doubt if you could make use of those coins then you would
really be trying it out but that would only good for few tries yet you would be minding about store of value which you wont really be wasting your coins on spending into those common
product or services because you do come after for long term possible profits.

[RILWAN]

Am wondering if you sell pizza in your coffee shop since Bitcoin pizza day just passed, I will love to buy some little items such as coffee, pizza, and some piles all paid with Bitcoin.

[Issa56]

That's really nice, am also from Nigeria, If you don't mind maybe you can send me the address of your shop, I will like to get some coffee from your shop and am definitely going to pay with bitcoin, that will be my first time of making payment with bitcoin because have not really seen anywhere in my country that I can spend my bitcoi.  I will be very glad if you can send me your shop address.

[thet]

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 2021 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

I really love the idea of having stores and paying the food with bitcoin. Such a great idea and a good one since it is more convenient for bitcoin users. May other businesses do the same payment process.

[prosperoustop]

its great begining, also I know that some TOP brands start accept BTC and ETH as payment in their shop! Soon we will know a lot of another crypto news!

[Scaterbrainn]

You can receive a supply of coffee the size of a small apartment if you spend 1 bitcoin on coffee. You can buy products with fractions of bitcoins, but paying for them online using bitcoin is difficult.

[Flexystar]

This is definitely interesting news from the third world country where Government is already chasing the local currencies development so that they can settle up with dollar pricing. Introduction of bitcoin is always great for the local community because that’s one of the way to educate people. This is just first step towards it. After looking at banner of “bitcoin accepted here” people will be curious. They will definitely come asking about it, how to open wallets and everything. You should also place banners in short on how to open bitcoin wallets and start sending and receiving the coins so that it will turn into self educating point too. Good luck for everything.

[Tellek Garing]

You can receive a supply of coffee the size of a small apartment if you spend 1 bitcoin on coffee. You can buy products with fractions of bitcoins, but paying for them online using bitcoin is difficult.

That is true but on a second thought Bitcoin payment is becoming flexible this time, especially with the scan-to-pay method in most Bitcoin POS, and with the lightning, network transaction processing time and fees are on a minimal level.

What am most interested in the thread admin is informing us now is how the business has been able to survive the volatile attitude of the bitcoin market price.

[mia_houston]

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 2021 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

As long as your government does not prohibit the use of crypto, especially bitcoin as a means of payment, of course, gradually people will start to be interested in the payments alternative that you offer, because now maybe payment with bitcoin is certainly more efficient than using fiat money for some people, I think the coffee business with payments bitcoin is now quite widespread and indicates that bitcoin is starting to be accepted by people in several countries such as your country, but if I may suggest, maybe you need to follow the example of some cafes that make bitcoin an attraction for consumers in Thailand, in addition to accepting payments with crypto , their also educate visitors with crypto and provide in-depth information on bitcoin market analysis.

https://www.reuters.com/world/asia-pacific/thai-cafe-serves-up-crypto-advice-with-coffee-cake-2022-01-31/

[_BlackStar]

As long as your government does not prohibit the use of crypto, especially bitcoin as a means of payment, of course, gradually people will start to be interested in the payments alternative that you offer, because now maybe payment with bitcoin is certainly more efficient than using fiat money for some people, I think the coffee business with payments bitcoin is now quite widespread and indicates that bitcoin is starting to be accepted by people in several countries such as your country, but if I may suggest, maybe you need to follow the example of some cafes that make bitcoin an attraction for consumers in Thailand, in addition to accepting payments with crypto , their also educate visitors with crypto and provide in-depth information on bitcoin market analysis.

https://www.reuters.com/world/asia-pacific/thai-cafe-serves-up-crypto-advice-with-coffee-cake-2022-01-31/

Legality and adoption go hand in hand and perhaps in the future many countries will legalize the use of bitcoin as an alternative payment. You only need to spend a few units of bitcoin to pay for coffee without having to carry fiat, but you have to use LN. For a while I was still comfortable using fiat as a means of payment due to the adoption and legality of bitcoin. But I don't know if I can use it in the future because the government seems to prefer CBDC over legalizing bitcoin as a means of payment.

[mr_enoc]

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 2021 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

If the government permits to use the payment of Bitcoin, i think it is much better to use it. It will help to promote or introduce Bitcoin to someone else. By using Bitcoin payments it will help them to adopt it.

[Piesel]

Congratulations on this new development this is going to be a good thing to look back upon in the next 5 to 8 years coming, your shop will be among the early shops to accept Bitcoin payment and this will also help build your business capacity with modern innovations that will further promote your business within your region most especially if you living among a small community of unbanked people.