Shops now accept BTC

[PX-Z]

...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.

So far year by year bitcoin transactions doubles or triple and even reaches new ATH. So what you said doesn't hold much. High fees can be accomodate with lightning too. The only problem was the previous surge of tokens transactions in the bitcoin blockchain which is not designed for its purpose.

https://bitinfocharts.com/comparison/bitcoin-transactions.html#alltime

[Dr.Osh]

Well, bitcoin is very famous now. Those who know how to use it are likely to accept bitcoin as a means of payment, and sometimes they even hold it as an investment. In fact, when you buy at a shop, and the owner knows about bitcoin, then you can offer an exchange using bitcoin. However, personally, I would probably choose to use Fiat as a medium of exchange, and keep the bitcoins I own.

[Rockstarguy]

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.

Some years ago Laszlo hanyecz who is a Bitcoiner bought two pizza for some amount with bitcoin. I don't think it is a new occurrence for shops that accept Bitcoin as payment. I know haven't seen many shops that accepts bitcoin as payment,  but I know their so many shops that accept it as payment and If i come across anyone right now I won't be surprised because I know bitcoin has gotten awareness that people can use it for transactions to purchase things.  Bitcoin use to buy things is one of the qualities Bitcoin have  as currency.  For sometimes now the transaction fees of bitcoin have been high but I don't think this will be a reason for some people not to use bitcoin to acquire the things they want. 

Bitcoin us getting more awareness,  don't be be surprised to see bitcoin accept in big organisations as a means for payment for goods and services,  just know bitcoin is serving its purpose as a digital currency.

[jaberwock]

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.

I can imagine how excited this has made you, giving you a kind of reassurance that what you're investing in is actually something that is becoming global. For many of us on the other side of the world, this is not new.

Some of the shops accepting BTC in some countries do it just for clout-chasing, just to attract young customers like you to their shop.

Even though he didn't say that he invests in Bitcoin but the tone of his statement alone can make us guess that he might be investing with it and even though there are lots of positive things that have occurred in Bitcoin, I think it is still not safe to say that it can give us an assurance.

At the end of the day, Bitcoin is still a kind of investment and any investment has their own risks. There are people like that who clout-chase. It is inappropriate but let's admit it that we can also benefit with it sometimes. In the case of Bitcoin, it is not just a quick hype but it remains. This is great because it means that we can now also use it for a very long time. 

[Odohu]

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.

It would have been nice you give more details that will enable people patronise such shops if in their cities. There are a couple of businesses in my city that also accept Bitcoin, from salon to laundry services.  I have patronised some of them in the past when transaction fee was in cents but when it became too high, I was discouraged from using Bitcoin for such services that the transaction fee is even higher than the fee for the services,  what's the point?

I know the beauty of Bitcoin is when it makes life easy especially for the ordinary and reasonable percentage of humanity and not just a few. So, I always encourage innovations that helps Bitcoin make direct impact in the lives of people.

[Casdinyard]

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 the Philippines there was a movement a few years ago aiming to make Boracay, arguably one of the most famous places in the country, a crypto paradise, all of a sudden stalls registered for businesses are obliged to accept crypto payments in the form of bitcoin, and a lot of events were held up to really sell the idea of Boracay being a crypto paradise in the Philippines. Nowadays there's only a few of them left, and the whole place itself seemed to have let go of the idea of bitcoin and crypto currency as a whole, since no events are being held anymore, and no movement/activities were made in the past few years to really sell this idea.

Goes to show that you can be crypto-friendly all you like, but you gotta sell the idea to the businesses and the people who will buy from you as well. Could also be the case that since there's only 5% of the population globally that's into crypto, the idea of a largely crypto-centric paradise still doesn't sell itself.

IDK though, but one thing's for sure, crypto still has ways to go when it comes to becoming widely-accepted, we're on that trend though, so that's one good thing.

[GbitG]

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?

Yeah obviously there is no doubt that Bitcoin has become much greater than before, and there is way more recognition and acceptance for it around the world than a few years back, but that isn't the case with every country. There are countries where a large percentage of the population doesn't even know what Bitcoin is, so there is no way shops or businesses are going to accept cryptocurrencies as payment very soon.

So there is still a long way for Bitcoin to go for it to become a globally accepted payment method that can be used by people from all countries to make payments for the goods and services they consume when they go outside. It will probably take a few more decades for that to happen, and I hope we can stay alive to witness that.

[zarzolirte]

Thailand, pattaya etc is a heaven when it comes to shops accepting it right? plan to visit it soon.

[kotajikikox]

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?

It can certainly shock someone especially someone who was kind of out of the news or just someone not as updated about current innovations to see how Bitcoin has taken the world by storm.

There was a time where bitcoin or digital currency was considered a scam back then so to see how far it has come now to the point of not only using it for investment purposes but also using it as a daily method of payment. We are about to see more of that in later years.

[Rengga Jati]

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 fact, globally there are many well-known retailers or shops that accept Bitcoin or other cryptocurrencies. However, if the retailer has many branches in various countries, of course it will probably be different because it will also depend on the conditions of each country, regarding the regulations for accepting cryptocurrencies and their legality in that country.

However, so far, there are several that are quite well known and accept Bitcoin payments in the retail companies sector.

1. Burger King -> Fast Food Since 2019.
    Accepting BTC and Bitcoin cash

2. Balenciaga -> Luxury Fashion, since 2021
     Accepting BTC and ETH

3. Pizza Hut  -> Food & Beverage Since 2020.
     Accepting BTC

4. Gucci    -> Luxury Fashion, Since 2021.
     Accepting BTC, Ethereum, and LTC

5. Etsy   -> E-commerce, Since 2020.
     Accepting BTC, Ethereum, and various altcoins.

*Note: There may be differences in the number of retailers in each country due to cryptocurrency regulations in that country.*

And actually there are many more who openly accept Bitcoin and other cryptocurrencies as one of their means of payment. Some of the lists include at least 35 large companies in the world. And of course, in some countries, there are also shops, both small and large, that already accept crypto as payment, it's just that it's not yet very widespread or the scale isn't yet global.

Check the source about he information above, here in this article:
https://swissmoney.com/who-accepts-bitcoin-as-payment/

So in essence, currently, the development of Bitcoin adoption is very good. However, the hope is that it will develop further and be accepted again in more and more fields throughout the world.

[wiss19]

Not where I live, but shops and businesses started accepting Bitcoin long ago, so it's nothing new. When Bitcoin started becoming mainstream in the initial days, we used to be as excited as you because we used to think that Bitcoin would soon become an accepted currency all around the world very soon, but as time passed by, we started to realize that it is not as easy as we might think it is because there are a lot of hurdles in its way, volatility is one of them.

Some countries and their governments will barely ever accept Bitcoin and let their people use it freely, I know regulations are important because they need taxes and stuff, but they are generally against the concept because it promotes decentralization and they don't want that because it gives them limited access.

[Z-tight]

When Bitcoin started becoming mainstream in the initial days, we used to be as excited as you because we used to think that Bitcoin would soon become an accepted currency all around the world very soon, but as time passed by, we started to realize that it is not as easy as we might think it is because there are a lot of hurdles in its way, volatility is one of them.

BTC is accepted and is used in most countries, albeit with strict regulations in some countries and no clear regulations in others, but the countries that have banned BTC are not so much.

Take note that when we are talking about acceptance, we don't mean the status of legal tender, BTC is only a legal tender in one country and i don't think we will get more in the near future, but that's not a problem if BTC is accepted and not banned, so that the merchants who are willing to accept it can do so, and people who want to spend it can also do so.

[romero121]

Usage and acceptance of bitcoin are seen all around the world. Based on the interest we take in using bitcoin, we'll be able to make use of it. In some locations, it is possible to see a large number of stores accepting bitcoin. Particularly, the interest in cryptocurrency acceptance has increased in African countries. Many business owners wish to accept cryptocurrency into their businesses, but the legal status within their country makes them stay away. Bitpay gives detailed information on different brands, online stores, and cafes accepting bitcoin in different parts of the world.

[reagansimms]

We often find this phenomenon in several different shops that accept Bitcoin as a means of payment when transactions occur, both offline and online. Bitcoin has shocked the world in the last few years, the use of Bitcoin is not only limited to being a transaction tool in several shops, but has been recognized as a legal means of payment in the country of El Salvador. The increasing adoption of Bitcoin will make it easier for you to carry out transactions while on holiday because you no longer need to carry fiat money wherever you go. Using Bitcoin as a payment option will benefit both parties, for this reason many shops are starting to accept Bitcoin as a means of payment.

[Ale88]

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.

Many stores have been accepting bitcoin payments from customers for years, it's not a news. Of course we're talking about a relatively small number but it's part of the process. It would be interesting to know how many stores convert BTC immediately in some stablecoin/fiat and how many decide to keep it as BTC, I'm mainly thinking about the tax implications of this operation, would it be easy to keep track of these transactions or is it going to be confusing?

[CageMabok]

We often find this phenomenon in several different shops that accept Bitcoin as a means of payment when transactions occur, both offline and online. Bitcoin has shocked the world in the last few years, the use of Bitcoin is not only limited to being a transaction tool in several shops, but has been recognized as a legal means of payment in the country of El Salvador. The increasing adoption of Bitcoin will make it easier for you to carry out transactions while on holiday because you no longer need to carry fiat money wherever you go. Using Bitcoin as a payment option will benefit both parties, for this reason many shops are starting to accept Bitcoin as a means of payment.

I no longer feel surprised when I see things like that in several places even though it's not where I live, because the adoption of Bitcoin and Bitcoin news that continues to go viral on the internet has certainly had a very good effect so that up to now there have been so many stores that are willing to accept Bitcoin according to their respective agreements. Because several large companies in the world have long been willing to accept Bitcoin for payment because the companies themselves are people who know and study Bitcoin so they dare to make the decision to accept payments in Bitcoin.

[Mr.suevie]

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.

I believe maybe you are new to the crypto space or before now you had no interest about Bitcoin because you getting to know now that shops just started accepting Bitcoin is sounding off me because the level and height at which Bitcoin has attained is something that you can even begin to place your fingers. The context of Bitcoin being accepted as means of payment on shops, maybe this would also be off suprised to you that Bitcoin is also saved and used by major banks and huge companies as source of investment because they also know the importance of Bitcoin as a means of accumulating profits.

[Stable090]

Well, bitcoin is very famous now. Those who know how to use it are likely to accept bitcoin as a means of payment

Some people are already accepting bitcoin as a payment method. There was a time some businesses were accepting bitcoin in my country before the central bank started banning accounts that are linked to crypto transactions. Since then, even people accepting bitcoin as a payment method have stopped so that their accounts won’t be blocked. But the funniest part is that even as the central bank keeps on blocking accounts linked to bitcoin transactions, bitcoin keeps on getting more popularity in my country. I'm sure that with time, the government won’t just have a choice but to adopt bitcoin.

However, personally, I would probably choose to use Fiat as a medium of exchange, and keep the bitcoins I own.

If everyone keeps on holding their bitcoin, then I will say bitcoin is not really serving its purpose. Bitcoin is supposed to be used as an alternative payment method, so if you are opportune to make payments with bitcoin, then you can do that. I am not asking you not to hold some bitcoin, but you can also have some that can be used for payment.

[moneystery]

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 taken the world by storm for a long time, so when more people use bitcoin as a means of their transactions, it won't be a surprise to anyone anymore. however, as far as i know, regarding the use of bitcoin as a means of payment in some countries it is very strictly regulated, so when you use bitcoin as a means of payment you have to see whether in that region bitcoin is legal as payment or not. because there have been several cases where merchants carelessly accepted bitcoins from their customers, but in the end they ended up being punished. so we need to know about the regulations for paying with bitcoin in a country, so that this doesn't harm us.

[Bobrox]

Some people are already accepting bitcoin as a payment method. There was a time some businesses were accepting bitcoin in my country before the central bank started banning accounts that are linked to crypto transactions. Since then, even people accepting bitcoin as a payment method have stopped so that their accounts won’t be blocked. But the funniest part is that even as the central bank keeps on blocking accounts linked to bitcoin transactions, bitcoin keeps on getting more popularity in my country. I'm sure that with time, the government won’t just have a choice but to adopt bitcoin.

Not only as individual but also many companies have accepted bitcoin as payment currencies how to make easily for transaction or giving more alternative kinds of payment. I think some companies accepted bitcoin as payment currency looking the positive side of their business how to make costumer easily when making transaction and helped its for their self with bitcoin price increasing will earn double profitable than payment by fiat.

But some countries make difficult regulation when using or adopting bitcoin as payment transaction and not all company allowed to use bitcoin as payment currency transaction, for individual seems not much problem when using bitcoin as payment way but need to allow government regulation firstly for companies.