How hard would it be to set up a store that accepts Bitcoin only?

DeathAndTaxes

donator

Activity: 1218

Merit: 1079

Gerald Davis

Quote from: countryfree on April 16, 2013, 04:45:26 PM

Don't forget what the taxman would says. A physical store selling physical goods means respecting all the regulations that the Silk Road ignores. Is it only legal in your country to sell goods in a currency which is not the legal tender?

Legal tender does not mean what you think it means.

countryfree

legendary

Activity: 3066

Merit: 1047

Your country may be your worst enemy

Don't forget what the taxman would says. A physical store selling physical goods means respecting all the regulations that the Silk Road ignores. Is it only legal in your country to sell goods in a currency which is not the legal tender?

kwafan

newbie

Activity: 14

Merit: 0

I don't think it's all that hard to setup the physical bitcoin-only store. Your main problem would be to gather those customers who have the bitcoin to physically go in and buy at your store... Which is why it's probably better to have online sites start taking bitcoin and making it a more popular payment method first, then once it's more widely used start looking into physical shops.

Just my 2 satoshis.

puffpuffpass

member

Activity: 70

Merit: 10

I'm nobody.

no, not an online store, an actual physical location.

I think this is the next step for Bitcoin, in order for it to succeed. Let us all bring this conversation to the table, and get to work on it. This is our next step.

PuffPuffPass baby
http://www.youtube.com/watch?v=T1OmzTKLvcM

Topic: How hard would it be to set up a store that accepts Bitcoin only? (Read 406 times)