Fiasem20
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May 23, 2024, 07:53:59 PM |
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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. Shops online and offline, companies are widely accepting bitcoin as a method of payment.Regulations by government in most countries have made it difficult for businessmen/women to accept bitcoin as a method of payment.My country is one of the top leading countries promoting the Bitcoin and other cryptos transactions but the regulation is strict by the government,it has gotten to an extent that it has been announced that users involved in crypto transactions account will be banned. Bitcoin and crypto method of payment can be explored in countries that are friendly to bitcoin and those countries that have adopted Bitcoin and cyptro transaction but in a country that it's restricted and regulated it seems impossible and unnecessary.
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Obari
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May 23, 2024, 10:09:21 PM |
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There are a lot of things that you are yet to discover. Not only have shops started accepting bitcoin, but some countries have also made it a legal tender. Some companies too also consider it a method of payment for large purchases, and they also use bitcoin as part of their reserve funds. Bitcoin adoption is rapidly increasing, and it's not just in shops accepting it this time.
You don’t have to blame op and I guess those are one of the expressions that comes with seeing what you thought rare been used in your neighborhood. Op just to add to what orpichukwu has already said, I think you’re still new in the industry and still new to a whole lot of things but I just want to let you know that, bitcoin is already doing massively well as it is already breaking limits and having it as a means of payment is one of the least you have seen of bitcoin and countries like El Salvador have already accepted bitcoin as a legal tender which simply means that, the regular buying and selling in the country can be through with bitcoin as a legal means of payment and though it must have had a lot of challenges but trust me , the country is doing well with their decisions and reports has it that they’re doing well. Secondly I believe you must have heard how bitcoin has helped a lot of lives and created a lot of opportunities ranging from trading to investment to being p2p merchants and the rest. Bitcoin is the future and welcome to the future
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Nothingtodo
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May 23, 2024, 11:29:13 PM |
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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.
Pizza exchange with Bitcoin started on May 22, 2010, since then, Bitcoin's journey to commercialization has largely begun. So exchanging goods through Bitcoin is not a new system at all, but it could be an important issue in the Bitcoin revolution. The way Bitcoin's popularity is increasing day by day, in the future Bitcoin will be legalized in different countries as well as the widespread use of Bitcoin in shops and shopping malls. Bitcoin is currently accepted in countries where Bitcoin is accepted, but in countries where Bitcoin is not accepted, Bitcoin has not yet been exchanged.
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kamvreto
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May 23, 2024, 11:54:15 PM |
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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.
Pizza exchange with Bitcoin started on May 22, 2010, since then, Bitcoin's journey to commercialization has largely begun. So exchanging goods through Bitcoin is not a new system at all, but it could be an important issue in the Bitcoin revolution. The way Bitcoin's popularity is increasing day by day, in the future Bitcoin will be legalized in different countries as well as the widespread use of Bitcoin in shops and shopping malls. Bitcoin is currently accepted in countries where Bitcoin is accepted, but in countries where Bitcoin is not accepted, Bitcoin has not yet been exchanged. Because bitcoin is still a new decentralized digital currency, some countries cannot provide more regulations, it is only a trading asset. Other countries that fully accept Bitcoin as a legal payment asset like El Salvador, it has been a good revolution for Bitcoin payments. now let's see, the more mass adoption of bitcoin the better it will be for the development of bitcoin. This still has many pros and cons and some governments don't want assets that they don't fully control and become legal tender. there are still many challenges for bitcoin in the future.
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fauzan Ichsan
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May 24, 2024, 04:21:44 AM |
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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.
Pizza exchange with Bitcoin started on May 22, 2010, since then, Bitcoin's journey to commercialization has largely begun. So exchanging goods through Bitcoin is not a new system at all, but it could be an important issue in the Bitcoin revolution. The way Bitcoin's popularity is increasing day by day, in the future Bitcoin will be legalized in different countries as well as the widespread use of Bitcoin in shops and shopping malls. Bitcoin is currently accepted in countries where Bitcoin is accepted, but in countries where Bitcoin is not accepted, Bitcoin has not yet been exchanged. Because bitcoin is still a new decentralized digital currency, some countries cannot provide more regulations, it is only a trading asset. Other countries that fully accept Bitcoin as a legal payment asset like El Salvador, it has been a good revolution for Bitcoin payments. now let's see, the more mass adoption of bitcoin the better it will be for the development of bitcoin. This still has many pros and cons and some governments don't want assets that they don't fully control and become legal tender. there are still many challenges for bitcoin in the future. In my country it has also happened that shops accept payments using Bitcoin, because it is a tourist area and many foreign tourists are on holiday, so accepting payments in Bitcoin is actually a good step for the development of Bitcoin, but the government at that time prohibited it from being used as a medium of exchange. exchange, and finally there were many checks, because the state prohibited the use of bitcoin as a transaction tool
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MarjorieZimmermanGinger
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May 24, 2024, 04:38:15 AM |
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It just get to know that some shops now accept BTC as exchange, that is very good Bitcoin is making progress,
In my area, this is still quite limited and there are rarely shops that accept payments using BTC. The reason is because of government regulations and they cannot implement them because of the sanctions that will be given, so they don't want to take risks. after some years now Bitcoin will shock the world, with the way things are going now.
Bitcoin is experiencing rapid progress in my country but is still used as an investment asset. Bitcoin adoption is becoming more widespread from capital cities to remote villages because of the availability of the internet which makes people more familiar with information. Bitcoin is still something that is sought after and in my country bitcoin is still quite talked about as an investment asset because it is gaining quite significant upward momentum. Now there are many people competing to buy bitcoin because people in my country are starting to be quite open to investment and hope this adoption continues so that everyone can benefit from the investment they make.
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Z_MBFM
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May 24, 2024, 05:10:37 AM |
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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 countries where bitcoin is considered a legal currency and the government allows it and the government collects taxes from bitcoin, any store or anything in the country can accept bitcoin as payment without any problem. There are many people who consider Bitcoin as a potential asset of the future and they believe that the price of Bitcoin will increase in the future, they hold Bitcoin, but there is no business opportunity to hold Bitcoin. Because they have to buy full products with the money of the sold products. so accepting Bitcoin as payment in this case means giving customers the opportunity to make multiple payment methods. It results in high customer satisfaction.
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Samlucky O
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May 24, 2024, 06:18:44 AM |
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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.
That is one characteristics of bitcoin, being used as a medium of exchange of buying and selling both online and offline so it's not a new things. Maybe in your country there is prohibition of bitcoin being used in purchasing of item, or probably you are not familiar with that. If you are familiar and well knowledgeable about bitcoin you will know that it is accepted in most places as a medium of buying and selling so its not a new things just that most country don accept Bitcoin.
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bettercrypto
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May 24, 2024, 07:40:05 AM |
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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 shops now accept payment in Bitcoin; some of them are Amazon, Shopify, BitPay, Vpn Express, and others. Now, when it comes to traditional businesses here in our country, there are still many merchants who accept Bitcoin and other cryptocurrencies. Now if you want to know other businesses online that accept bitcoin payments, maybe just read this link that I will give you: https://www.bolt.com/thinkshop/online-stores-that-accept-bitcoin
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God bless u
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May 24, 2024, 08:56:20 AM |
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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.
Actually there is a very unique thing behind that and it's the taxes that governments apply on shopping. In developed countries they can track the BTC payments as well due to technologies available but still some shops owners get rid of the taxes by applying some techniques. That's why there more concerned about the payments in BTC other wise why would a shopkeeper risk his asset as we all know crypto is volatile. There is one reason behind that and it's the taxes and charges that apply on transactions by governments.
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avp2306
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May 24, 2024, 09:06:42 AM |
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Bitpay had a article regarding on shops or companies that accept bitcoin open this link https://bitpay.com/directory/Those are big companies and if you curious about them and want to deal some of your bitcoins then you could do some test to see if they are really accepting it. Since its amazing to see how these big companies adopting to the evolving payment solutions and for that they are reaching up for more potential consumers that always use bitcoin. That's why there more concerned about the payments in BTC other wise why would a shopkeeper risk his asset as we all know crypto is volatile. There is one reason behind that and it's the taxes and charges that apply on transactions by governments.
Yeah it maybe a concern but for sure constant learning about how bitcoin work can make them realize on how they can take advantage of this coin. That's why maybe instead of getting afraid of it they still choose to accept bitcoin as one of their payment option.
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cryptoWODL
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May 24, 2024, 10:00:06 AM Last edit: May 24, 2024, 10:11:55 AM by cryptoWODL |
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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.
What country? Have you heard of a country called El Salvador?If you haven't heard of it, search Google by typing "bitcoin country" and see which country accepted bitcoin as legal tender in 2021. As a result, bitcoins can be freely traded in that country even various products can be purchased with bitcoins If you live in El Salvador or from any store thereBuying something, you can pay in Bitcoin. I saw on social media Twitter (now X) paying with Bitcoin after eating ice cream from a shop in El Salvador. Also a burger shop in Vietnam is accepting Bitcoin as payment which I noticed on Twitter. However, I personally haven't been able to pay Bitcoin as a payment after buying a product from a store yet because Bitcoin is not legal in our country, so I haven't had that practical experience.
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MiF
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May 24, 2024, 11:07:02 AM |
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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.
Well here in my country i didn't hear any news that there are shops that accept crypto as payment, but the good thing here is there are a lot of digital wallet applications that we can easily convert our crypto into fiat then we can pay anything, for now our country is adapting digital payment system so i think only few year from now crypto payment will surely become accepted.
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Horsbyname
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May 24, 2024, 11:09:55 AM |
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Bitcoin is faaaar better than cash ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) as bitcoin can be sent and received anywhere in the world with an internet connection, providing greater accessibility compared to physical cash,which is limited by geographic location.
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AVE5
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May 24, 2024, 11:36:05 AM |
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I’ve only seen one shop in person that ever accepted Bitcoin and that was in Las Vegas and judging from the experience it was just a gimmick. I do hope shops are one day able to accept Bitcoin, but high fees and the limited block space being given to patented layer 2s means customers would rather just use cash.
I've as well seen only less numbers of mini shops accepting bitcoin comparing to large mega stores does in my city. Although I believe there'd had been larger adoptors among investors with their bitcoin willing to utilize it even for the smallest amount of purchases but the to the transaction fees, it has as much affected the petty traders as they also consider making income to be able to restock again. So I agree with you that the cost of transaction fees has made most traders in the Societies to prefer accepting fiat than the bitcoin. This is why there's more bitcoin transactions during when there's a congestion free.
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Miles2006
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May 24, 2024, 08:33:44 PM |
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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.
Accepting bitcoin as a means of payment is not something new as anyone can accept bitcoin and it all depends on the person receiving the payment. For example anyone who is knowledgeable about bitcoin will definitely make use of bitcoin, all this can also create a space for bitcoin awareness unknowingly because most people don’t know about bitcoin, although accepting bitcoin as a mean of payment can also be limited mostly countries going against bitcoin. Regardless bitcoin is still gaining popularity, from my view bitcoin has a lot to offer only for those who understand what bitcoin is and treat bitcoin according to their understanding.
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famososMuertos
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May 24, 2024, 09:16:00 PM |
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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.
Like when you see a place for the first time and say, it's new, and you friend: nah, it's old, (you) ah! I had not seen it... ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) a very simple and basic analogy, but it is at the level of your context, this has been happening for years. On our local board we have a topic where every time someone gets a commercial location they announce it there, it is outdated and it is in Spanish, but it shows you, as an example that it has been happening for a long time.
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amihada
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May 25, 2024, 07:01:04 AM |
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Everyone knows that now many people are aware of the importance of Bitcoin, so now it is not surprising that many shops or shopping places have accepted Bitcoin as a means of payment, there are even countries that accept Bitcoin, even though Bitcoin is not legal, but this is a good start. I hope Bitcoin can be used. receive it at the bank and can accept it as a legal exchange legally in that country.
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Tmoonz
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May 25, 2024, 07:32:18 AM |
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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.
What country? El Salvador became the first country to adopt Bitcoin as their official currency, accepting Bitcoin as a means of exchange is one the potentials that Bitcoin holds, and considering it's tremendous increments in value and widespread adoption such that even those that were doubting about the beauty of Bitcoin are now testifying, the global world is growing in digital standardization were Bitcoin is creating and enabling borderless transactions, offering protection against inflation, preserving privacy and creating investment opportunities hence what could be more than this , there is no doubt if shops are now accepting Bitcoin as means of exchange.
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TheUltraElite
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So anyway, I applied as a merit source :)
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May 25, 2024, 09:41:07 AM |
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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.
Been here since 2016 and started with bitcoin in 2015. I am yet to see a shop in my country with bitcoin acceptance. But indeed it is happening in many other countries we just have to keep running the show till that day happens. Things have been improving over these 8years, improvements in public approach towards the nature and use of bitcoin. However altcoins have been promoted like anything and already brought in the frowns from the public after they splashed. Bitcoin has already shocked the world when it started back in 2009. It does not need to shock it again.
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