Topic: A supermarket in Mexico now allows Bitcoin payments for all their items - page 2. (Read 905 times)

This is very good news for us.i hope many good news will come soon in crypto area.I hope the supermarket will be accept in bitcoin in directly payment in future.Bitcoin is most popular and most valuable coin in crypto market right now.I think evry coin depends on bitcoin price. I think that is wonderful process.

Yeah right, with news like this and a good social hype will allow crypto to gain more interest from the business sectors.

We all waited for this time to come true as paying our groceries using our crypto is really a big achievement for crypto lovers
it a good sign that progress within this industry is really developing for more.

I like this to take place from where I live. So far it's just an online process indirectly that I can process, but hopefully
the soonest it will be adopted..

This is definitely one of the good news that everyone wanted to know. I know this kind of news or information is kind of rare as of now because crypto is struggling to enter legal adoption in many countries that's why hearing or reading this kind of news boost up the potential that sooner or later we will gonna experience also to pay our bills in a grocery store with the use of our crypto assets. I am very optimistic that there will be more good news to come in crypto and I can't wait every good news to unfold.

More good news in the business arena is happening relative to bitcoin. Here it has provided with the year end offer of 20% on paying with bitcoin. Now as the new year have begun this offer might've ended. Possibly there'll be new offers for now. The initiative taken to increase the usage of bitcoin on daily life is really appreciable. Maybe someday the supermarket will start accepting bitcoin directly than using mediums like bitpay.

Walmart have installed more bitcoin ATMs around to increase the adoption of bitcoin.

so basically this is just a pilot store? because since they have plenty of young stores in time they may adopted the same concept for the following stores?

this is great to know and i will always respect such decision , now we can see more example for other countries and business to adopt if this proven to be worth a try and conduct.
surely this will mate , because the world is now adopting electronic payments and bitcoin or crypto is the best for this one .

This really sounds great! Hopefully in the coming years bitcoin will be accepted around the globe by all countries.

Maybe the owner is a crypto user but not a crypto enthusiast because if he is a crypto enthusiast, he will suggest his employee have a crypto investment. He can start a workshop to introduce bitcoin to his employee first and then people around his circle and then begin to accept bitcoin for his business. Most people can not yet accept the volatility of bitcoin price and most likely, they will use bitcoin as their investment instead of using it as a payment system.

It will be more good news if those people can use bitcoin for both ways, payment system and investment system because that means bitcoin will spread among them and their circle. Yes, the adoption of Bitcoin has now become fast compared to a few years ago because of the impact of the bitcoin price itself. So people see bitcoin as a new way to them.

Indeed. With many promotions about bitcoin, that will make people realize that they now have a different payment system besides the existing payment that they already used before, which can also work as their investment. But still, it needs more introduce to those people to open their mind because it will not easy if they already used the usual way for years. Giving a discount can attract them to have a curiosity about what is bitcoin, so we hope that the Supermarket has a place for people who want to know more about bitcoin. It will help them understand how bitcoin works and what benefits they can get from it.

Indeed a good news and I think that introduction of bitcoin as a means of transaction to the market is the best thing to do because when people adapt, they will eventually get used to using bitcoin or any other crypto for buying or selling goods and then when that happens, it gets adopted easily and even with the government trying to fight it, people will defend it as they're familiarized to it already.

Good news.

Fees in transferring isn't that much so it's really an ideal move that they've made. We wish that there will be more supermarkets that will do the same for this year.

Especially those that are very popular, they've got nothing to lose since they'll just have to use a third party service which will convert bitcoin's paid to them.

It's quite understandable and acknowledgeable that many institute will adventure into cryptocurrency and also accept their the uses of it, the massive adoption of cryptocurrencies is making all business sector to embrace exchanges of goods and services with cryptocurrency and more especially bitcoin, i believe that since a super market in Mexico can run shopping wiy Bitcoin for transaction and rumors Carrie's around other potential and capable supermarket will also follow their finger print.

We've all been using fiat for too long in our day-to-day transactions, so I agree with you, it still takes time for people to want to use Bitcoin as payment.
It is possible that more people still choose to use fiat than Bitcoin. At least the supermarket did a very good thing by giving a 20% discount if using Bitcoin,
that's a pretty interesting promotion so that more people are interested in using Bitcoin and hopefully the promotion goes well. It's a good start if there
are supermarkets that accept Bitcoin payments, at least this makes the adoption process even more improved. Positive things like this are very necessary
and can make Bitcoin more popular, then more and more people will start to be interested in learning Bitcoin. Because we know there are still very
many people in this world who don't know Bitcoin.

Most likely, the supermarket owner is crypto enthusiast and knows the real value of bitcoin will become bigger as years go by. So the promotion will definitely help for its fast adoption as people will be more curious about bitcoin and how to own and use it for good. Although fiat will not be totally replace by it, but it will develop more awareness on the people and once they will start using it, they'll probably use it again because of its convenience and very fast transaction.

I have doubt that the owner of that supermarket is also a crypto enthusiast or Bitcoin holder who is inspired by holding Bitcoin.  Because if not, that is quite hard because people should understand how the price will fluctuate and how it will have an effect if they are holding Bitcoin and suddenly dump.

Adopting Bitcoin now was continuously spreading and there are more institutions, companies, and individual investors.  I didn't surprise if one day, there will be someone who follow that sage.  Bitcoin is very useful, not only storing value and Mexico was proved that using it's also good upon making transactions.

I don't really know the situation around regulations for Bitcoin and cryptos in the country where Elektra supermarket but I feel like it is crypto-friendly and that's why they can accept Bitcoin for payments. So it would take a while before other countries follow suit as the regulatory situation for Bitcoin becomes clearer. In my country, commercial banks are authorized to close accounts that indulge in crypto not to talk about a business accepting bitcoin as payment for goods.

Wow, supermarket accepting bitcoin as payment plus 20% discount looks amazing! That is the perfect incentive to people start adopting bitcoin or for those who are adopters already to start using their coins! I congratulate group Elektra for the initiative!

I wished something similar disponible in my country. I dream about paying for my supermarket daily expenses with bitcoin, especially if there is a generous discount involved.

After reading these news I'm hopeful this measure is going to be reproduced by supermarkets companies from another countries as well (mine included).

It's another case, but yes, it will not be safe if you are residing in a place where securities is not that good.

Once criminals realize that you are holding a huge amount of money into crypto, they will chase you. It's always best to have
additional wallet to secure your fund.

You are protecting not just yourself but your investment, too. Good to see that there's an initiative with OP's post.

Even if that is good news for adopting bitcoin, it needs time to make people use bitcoin to buy in the supermarket. I think they still prefer to use fiat money as usual, especially for people who do not know Bitcoin. But yes, it can increase people's curiosity about bitcoin, especially if there are advertisements about how to use bitcoin in a local store. The adopting of bitcoin will continue and grow as soon as possible, especially if that supermarket can give a discount for people who use bitcoin.

It's a courageous move from this establishment to offer a promotional discount to their shoppers by using bitcoin as their payment option. A 20% discount is a huge discount especially if the buyer has a large total of shopping value. I wonder what were the terms and conditions they have set. Maybe there is some sort of capped and minimum spend for this promotion because if there isn't any, I think they will have losses instead of gains. Considering the amount a person can save by paying with bitcoin, they will shoulder it if it wasn't implemented right. So I suppose they have thought thoroughly and calculated already the possible margin of profit and losses before doing this because the duration of the campaign is also quite long.

This kind of action done by small enterprises and establishments will definitely create a ripple effect just like how it started from El Salvador accepting bitcoin as payment and eventually making it legally as their legal tender. I've read that the transaction fees were really negligible and it was a good thing because they won't have to spend a large amount of money over a processing fee unlike before and in other platforms wherein the transactions fees are high and such a pain in someone's pocket. In addition, by doing the promotional campaign, people would be curious about bitcoin which could make them search about it and use it themselves. I hope there would be more and more countries and businesses that would be open about the idea of giving their customers an option to pay in crypto. This could create a positive effect on their citizens and their economy in general, most especially if done continually.

Same question in my part here mate, do mexican really a Bitcoin supporting people as a Supermarket can adopt accepting bitcoin as payment? because if not then the main purpose of this Supermarket is for the people to at least have knowledge for bitcoin and other cryptocurrencies of course.
if this thing happen in my country? then surely i will be a weekly user of bitcoin because i wanted to live cashless and bitcoin will help me achieve this .

There's no point hiding your identity when only buying grocery items but the problem here is when they found out you have some huge amount of BTC in your main wallet. that will cause some serious problems to others especially those residing in less protected countries where criminals can hire some policemen to raid your home and plant some evidence just to extract those BTC from you. It's best to have multiple wallets and do things right to avoid such kinds of problems in the future because when you are transparrent someone is always watching you.