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pooya87
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May 19, 2024, 07:23:57 AM
 #21

It just get to know that some shops now accept BTC
This is nothing new. From very early days there have been shops that accepted bitcoin as payment. I dare say the first case was the Pizza thing and it has grown ever since. It's just that the bitcoin adoption is still very small (maybe less than 5% of the world) and out of that small adoption, many are seeing bitcoin as an investment to get rich quick! So the number of people who see bitcoin as a currency, have a shop and decide to accept bitcoin as payment is understandably small.
The only thing that matters is that this adoption is growing.

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May 19, 2024, 09:17:29 AM
 #22


The only word that stands out to me here is "now".
I have been paying stuff with btc and other crypto since maybe 2017. In 2018 I paid my new Macbook at BIC camera in Tokyo in BTC, even even got a 5% discount because of that.  Grin

For some reason in Japan you can find plenty of shops,bars, cafes, restaurants and so on where you can pay in BTC. And all this even though crypto is quite regulated here, there are no crypto ATM or anything like that here.
In Hong Kong it's also easy to pay with crypto at several places, at least I saw plenty.

Sure, other countries might not have adapted BTC and others at the same pace but hearing about seeing it for the first time in 2024 is surprising to me.

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May 19, 2024, 09:19:49 AM
 #23

It depends on the roles of a country in a few countries there is no regulation for Bitcoins uses hence it is used in a shop but it is not permissible in all countries. Bitcoin is used as a  payment in many countries and still the development of Bitcoin is increasing so a time will come when every country will accept Bitcoin for purchasing materials.

With the passage of time bitcoin is going to be more acceptable currency all over the world and all those countries where there was no concept of Bitcoin are now accepting Bitcoin and those who already know about bitcoin have started to use it for a payment.



 

 

 

 

 

 


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May 19, 2024, 10:54:39 AM
 #24

It just get to know that some shops now accept BTC as exchange, that is very good Bitcoin is making progress, after some years now Bitcoin will shock the world, with the way things are going now.
In some advanced countries like the US, businesses that accept Bitcoin as a currency are very high. However, the use of Bitcoin in my country for the buying of goods and payment of services is not popular. Most people in my country know nothing about Bitcoin. But I have seen one shop that accepts Bitcoin. It is located in the highbrow area because this is where you can see youths who are wealthy. For now, Bitcoin will be better as an investment because high transaction fees will make it expensive to use. Bitcoin is already shocking the world not as a currency but as a profitable investment and a promoter of privacy.

i'll send you some btc to stop posting crap. deal?
It will be cheaper to report to the moderator.
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May 19, 2024, 10:57:02 AM
 #25

It just get to know that some shops now accept BTC as exchange, that is very good Bitcoin is making progress, after some years now Bitcoin will shock the world, with the way things are going now.
bitcoin has gone beyond being accepted as means of payments in shops to different levels.

Have you heard of bitcoin ATMs ? I guess No! You have to read https://www.bitcoin.com/bitcoin-atm/

I don't know what country you're from but in my country Nigeria, I have seen a lot of threads that shows that bitcoin is accepted as means of payments in different high firms in the country and other local shops. I can attest to it that I have seen a furniture shop that accepts bitcoin in my city.

So you will have to find out how far bitcoin has gone, sooner buddy! Before it has a big community like this forum you should know it's not kidding right?

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May 19, 2024, 12:22:54 PM
 #26

Anyone who understands Bitcoin can see its issues. Unlimited transactions seem naïve. It overlooks this technology's operation. The idea of infinite transactions with security and everyone in control is nice, but not possible. Bitcoin was designed for daily purchases like coffee. But not now. People now consider it digital gold, something to hold onto rather than spend. The fees are high when everyone uses it since its design makes it slow.

Talking about correcting this is fine, but we must be honest. It won't be flawless, like making a little car race-fast. Just not happening. Little by little, we must improve Bitcoin, but never lose what makes it exceptional.

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May 19, 2024, 03:35:52 PM
 #27

This process is really slow, there are pretty few shops that accept btc and the majory if htem are doing it for a long time already

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May 19, 2024, 03:58:15 PM
 #28

It just get to know that some shops now accept BTC as exchange, that is very good Bitcoin is making progress, after some years now Bitcoin will shock the world, with the way things are going now.
Finding an actual shop near you that accepts bitcoin as a payment can be a challenge depending on where you live, however when it comes to online shopping there are several options and services which basically allow you to buy almost anything you may want, as bitcoin has made great progress on that front since its creation, so we are getting close to the day in which an average person could use bitcoin exclusively for their purchases, if that is what they want.
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May 19, 2024, 04:51:59 PM
 #29

Of course, each country has different regulations. If the country accepts BTC it will definitely be very easy to accept payments with BTC, but if not it will certainly be very difficult. And in my opinion, it is very rare for general stores to accept payment in BTC, if only a few. But many large shops or large companies are starting to accept BTC. Maybe here are some big stores or big companies that accept BTC as payment, but mostly via giftcards:

1. KFC. In 2018, they introduced the “Bitcoin Bucket” feature. In this feature, their main website will accept BTC for purchasing special chicken packages.
2. Subway. This restaurant also accepts payments in crypto via gift cards. In fact, Subway is the first fast food restaurant in the world to accept crypto.
3. Burger King. Currently, they accept BTC and other popular cryptocurrencies in the form of gift cards as a payment alternative.
4. Ace Jewelers. They also accept crypto payments directly via crypto wallets. In fact, in the last decade, this company was the first jewelry company to accept payments in BTC.
5. Shopify. lets online store owners accept BTCand 300+ other cryptocurrencies by enabling “alternative payment methods” in the Payment Providers section of the admin page.
6. Adidas. At Adidas, you can also pay using crypto via gift cards which can be purchased from BitRefill. Recently, Adidas said that they were interested in collaborating with CoinBase and this is an indication that there may be direct payments in the future.

Maybe that's all I know, even though they accept BTC on average with gift cards, I think it's very good, and it doesn't rule out the possibility of being able to accept payments directly.

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May 19, 2024, 05:31:10 PM
 #30

It just get to know that some shops now accept BTC as exchange, that is very good Bitcoin is making progress, after some years now Bitcoin will shock the world, with the way things are going now.
Even though there are no shops in my area that accept Bitcoin as payment, currently there are many shop owners who are happy with Bitcoin and they are also trying to get it through the market by entering fiat into the market. But for things like this I have also had time to read one site which explains several companies that are willing to accept Bitcoin as payment and I think at this time there are also several new companies that are starting to like Bitcoin so this has led to its own progress in Bitcoin which continues to increase throughout the world. And the site I mean is: https://99bitcoins.com/bitcoin/who-accepts/

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May 19, 2024, 06:01:49 PM
 #31

Bitcoin is on a massive progress though not all part of the world accepts it still bitcoin has proven itself as independent. We all look forward to the day when bitcoin will be accepted and recognized all over the world that is why we need to learn more about it and also educate others there by creating awareness and moving bitcoin to it's final success.
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May 19, 2024, 07:10:07 PM
 #32

It just get to know that some shops now accept BTC as exchange, that is very good Bitcoin is making progress, after some years now Bitcoin will shock the world, with the way things are going now.

Hmm, Op I think you've forgotten, this is a global section or you were posting in local anyway can you mention some more details location = country + city + area haha because here still 90% of people don't know is Bitcoin a scam or not haha, space the matrix andrew tate (just kidding), by the I cant expect it to be in my country because we need at least 10 more years to recognize what Bitcoin is here. So mention freely as I know it's not happening here also is it L2 coins, because no one will pay 10 bucks on high network fees?

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May 19, 2024, 08:12:27 PM
 #33

Now it's not just a shop but indeed there are several service providers also implementing the same thing but it does need to be underlined that something like this happens for countries that do accept bitcoin as a means of payment and it is not arbitrary to do so without any regulation from the state because however when we live under the rule of a country then we must comply with all the regulations in it.

When a country still does not recognize bitcoin as a legal means of payment then don't ever dare try to do that because it's the same as you are against the policies that the government makes and seems to impose its will.
Currently there are countries that have stated that they will adopt bitcoin which makes the bitcoin system as a means of payment still enforceable but not all countries can do that.

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May 19, 2024, 08:53:22 PM
 #34

It just get to know that some shops now accept BTC as exchange, that is very good Bitcoin is making progress, after some years now Bitcoin will shock the world, with the way things are going now.
There was a time when I heard that some businesses do accept bitcoin as a payment method. Actually, I don’t know about those businesses because they are not close to me, so I couldn’t really confirm it, but with the current crisis about cryptocurrency in my country, any business accepting bitcoin will definitely have stopped it. Because if the CBN can discover that, then the business account might end up being compromised, which will be affecting the business. So any shop or company accepting bitcoin in my country will have stopped that, and maybe in the future we are going to see more businesses accepting bitcoin.

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May 19, 2024, 08:55:02 PM
 #35

@Emmybit001, if you could share a bit more details on the specific stores taking bitcoin.  It would be helpful to know the country or region they are located in.  As some folks already pointed out, there are a good number of major retailers that accept bitcoin now.  Microsoft and Overstock.com are two bigger name companies that have allowed customers to pay with bitcoin for some time and  there are also services that let you spend bitcoin at retailers that dont directly take it.  But if you have names of some smaller or local brick and mortar shops embracing bitcoin, that would be interesting to hear.  Even just the general area so we can get a sense of where adoption seems to be happening.

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May 19, 2024, 09:04:53 PM
 #36

Where have you found shops accepting Bitcoin? In your country and in your city? Otherwise, nothing new, actually. Bitcoin has been accepted by many countries and businesses. You might share your experience with your Bitcoin shopping experience. I have visited a couple of countries, but sadly, I haven't or wasn't able to spend Bitcoin directly. But I have used P2P services abroad, so I have local currency to spend. However, Bitcoin adaptation is growing fast, and businesses are expecting to reduce transaction fees so that they can accept Bitcoin easily. 

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May 19, 2024, 09:30:20 PM
 #37

It just get to know that some shops now accept BTC as exchange, that is very good Bitcoin is making progress, after some years now Bitcoin will shock the world, with the way things are going now.

Knowing that Bitcoin is accepted as payment in many shops in many countries makes you happy because they have implemented Bitcoin as a peer-to-peer electronic cash system. We are also happy with the actions taken by businesses to accept Bitcoin as a means of payment because it can increase Bitcoin adoption.

I have not updated data on the number of shops in each country that accept Bitcoin, but in my estimation the number is not just a few shops but many shops in several countries have implemented it.

For those business people who use Bitcoin as a means of payment, in my opinion, it is to make it easier for them to get Bitcoin directly to use as an investment because the use of Bitcoin as a long-term investment asset is more than the users who use Bitcoin as currency.

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May 19, 2024, 10:01:30 PM
 #38

Yes, some stores in other countries have accepted bitcoin in their stores, this is progress that deserves appreciation because bitcoin has developed even further.

I have only ever bought hardware items at bitcoin payment online stores but to buy them directly to physical stores that accept bitcoin never because indeed my area will never accept it because there are already strict rules.

Maybe when traveling to other countries such as the Philippines, the island of Boracay, which already accepts bitcoin, some shops there include restaurants, hotels and many more.

That's what I read in the news before.

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May 19, 2024, 10:19:00 PM
 #39

Bitcoin is on a massive progress though not all part of the world accepts it still bitcoin has proven itself as independent. We all look forward to the day when bitcoin will be accepted and recognized all over the world that is why we need to learn more about it and also educate others there by creating awareness and moving bitcoin to it's final success.
Bitcoin is already known world wide, I'm sure many people or countries already heard about bitcoin its just they dont want or they are still hesitant to bitcoin its because there are no proper way of introducing and advertising about bitcoin, if we will just be more spread about bitcoin then many people will actually do bitcoin, they know the risk and some dont want to because of the complexity of bitcoin and we cant blame them, if we could just all people who wants to learn bitcoin then it will be good, that's also why only a selected country and business are knwo to accept bitcoin because accepting bitcoin as a mode of payment is another process and a complex thing especially for businesses, they should be first know how to navigate in crypto world and also the pros and cons of accepting bitcoin as a payment, expect that only in big company or businesses will accept bitcoin.

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May 19, 2024, 10:24:00 PM
 #40

Bitcoin was designed for daily purchases like coffee. But not now. People now consider it digital gold, something to hold onto rather than spend. The fees are high when everyone uses it since its design makes it slow.
BTC is p2p electronic cash and it is designed for any kind of payment, as long as the merchant is ready to accept it. Yeah, high tx fees make BTC unusable, especially for small payments such as paying for coffee. However, tx fees are kind of low right now, and maybe 1-2 sat/vbyte is possible in some months from now.

Take note that BTC has many use cases right now, and you have to accept the fact that people are going to use BTC in the way they like and choose, so they are the ones to decide if they want to spend or hold.

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