Examples of public rejection of fiat - page 2.

flyingplows

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Quote from: ?? on ??

Quote from: Btcvilla on March 31, 2015, 05:23:52 PM

Rejection of fiat is not a good idea right now, unless its an online only business that is specialized in Bitcoin (like a Altcoin exchange) or one that is not someones main income.

I think we all read it wrong, you the customer are supposed to reject fiat at the register, it seems just rude.

But how can we reject it? In most situations they would even have no means prepared to pay us with something else. In rejection case they would not pay us at all, because we are obliged to accept national currency by laws I would think. Am i wrong on this? Undecided

lucasjkr

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Quote from: unamis76 on March 31, 2015, 04:07:36 PM

Unfortunately we haven't reached a point in which we can just go to a cafe or a store and say we refuse to pay in fiat. Bitcoin isn't that widely known, and rejecting fiat right away won't make anyone interested in implementing Bitcoin.

Maybe one day we can reject paying in fiat and establishment owners will understand that... But not yet

So we probably won't listen to many of these stories.

No. Never will you or should you go to, say, a restaurant, eat your meal and then when presented the bill say "oh, I don't carry fiat currency. All I can pay wil is Bitcoin".

You'll give us a bad name and get yourself arrested, most likely.

Btcvilla

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Rejection of fiat is not a good idea right now, unless its an online only business that is specialized in Bitcoin (like a Altcoin exchange) or one that is not someones main income.

snarlpill

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Quote from: Cryptowatch.com on March 31, 2015, 06:57:10 AM

Locally I've seen some businesses refuse to accept cash, although they should, according to law. They only accept cards, I haven't challenged them about it, but I would think if you said you were tired of cash, that they would probably not accept bitcoin, and the person behind the desk would probably not have a single clue when you make some drama and leave the door saying you won't pay in fiat.

This makes no sense to me. Why would a business not accept cash, which comes with no processing fees, and only accept cards which charge them ~1-3% for each transaction?

lucasjkr

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Fist, you mean cash? Or fiat, you mean anything denomiTed in that currency, checks, cc, etc?

I can imagine some places not taking cash (say, a high end jeweler who doesn't want to deal with currency reporting. But a business saying "oh you expect me to take dollArs?" Seems absurd if you ask me.

Snail2

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Quote from: calme on March 31, 2015, 04:40:56 AM

Do you know of any examples of this to share? For example, you're about to pay at a shop or cafe. They tell you the total and you say something like "I've had just about enough of your fiat nonsense."

That would be a kickass marketing. Literally...

unamis76

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Unfortunately we haven't reached a point in which we can just go to a cafe or a store and say we refuse to pay in fiat. Bitcoin isn't that widely known, and rejecting fiat right away won't make anyone interested in implementing Bitcoin.

Maybe one day we can reject paying in fiat and establishment owners will understand that... But not yet

So we probably won't listen to many of these stories.

pawel7777

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Activity: 2436

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Quote from: flyingplows on March 31, 2015, 02:31:11 PM

...
I mean most people haven't heard the word bitcoin at all in any context and most of those who heard don't know what it is or how it works - and not even talking about how to pay with them.
...

Plus, most of people probably wouldn't understand what OP means by 'fiat'.

flyingplows

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Quote from: calme on March 31, 2015, 04:40:56 AM

Do you know of any examples of this to share? For example, you're about to pay at a shop or cafe. They tell you the total and you say something like "I've had just about enough of your fiat nonsense."

I think 99% of the time the staff of the shop/caffee would not understand what are you even talking about, and would simply call police for not paying. Police would not understand you also btw Wink

I mean most people haven't heard the word bitcoin at all in any context and most of those who heard don't know what it is or how it works - and not even talking about how to pay with them.
I hope those things improve, but it is reality today.

ebliever

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Please don't be rude when trying to encourage businesses and people to accept bitcoin. That kind of approach will crash and burn. If I saw someone acting like a drama queen about fiat and bitcoin, I'd assume it was an enemy of bitcoin trying to turn people off to it.

Cryptowatch.com

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Locally I've seen some businesses refuse to accept cash, although they should, according to law. They only accept cards, I haven't challenged them about it, but I would think if you said you were tired of cash, that they would probably not accept bitcoin, and the person behind the desk would probably not have a single clue when you make some drama and leave the door saying you won't pay in fiat.

calme

sr. member

Activity: 392

Merit: 250

Do you know of any examples of this to share? For example, you're about to pay at a shop or cafe. They tell you the total and you say something like "I've had just about enough of your fiat nonsense."

Topic: Examples of public rejection of fiat - page 2. (Read 1384 times)