Topic: Mrbitco.in ATM Collective starts to sell Litecoin today - page 5. (Read 74005 times)

a few weeks ago I read about a Dutch city where a whole street of vendors introduced BTC payment option.
Anyone knows if this was in Amsterdam or in another Dutch town?

Amsterdams a pretty cool place. I look forward to going there and spending some coins. Hopfully some of the coffeeshops will accept them too.

Are there many shops in amsterdam that accept bitcoin yet?

We manage yesterday to get 4 minutes prime time on dutch tv, to tell about atm and promote bitcoin:

http://www.uitzendinggemist.nl/afleveringen/1414701

Well, with 1% fee it's still cheaper than the card networks. However I understand that some businesses (like cafés) are get paid mainly in cash, where they don't have to pay any transaction fees - so it might seem like they're losing money.

But when you look at the problem, you'll notice accepting Bitcoin, even with a 1% fee, will drive customers to your business (maybe not many yet, but definitely some) which it would never had otherwise had - so that 1% is basically nothing compared to not having had those sales to start with.

i 100% agree with you, but centralizing merchant adoption around bitpay and coinbase (any others?) is not a solution to the problem, it is just building a problem on top of a problem. Real merchant adoption of bitcoin can't happen until the price is more stable, which will probably be when people stop using Bitcoin as a store of value( i am guilty of this) and actually as a method of transacting online.

Define 'banned'. I don't think any country have 'banned' it outright but some have put certain restrictions on it or from banks / businesses dealing with it. There's a lot of misinformation and uncertainty about too.

Since mid-January, various arms of the Russian government have made moves designed to deter the use of Bitcoin and other virtual currency. On January 15, 2014, Russian legislators proposed three anti-terrorist amendments that impose regulations that would impose strict limits of 1000 RUR (30 USD) per day per person and 15000 RUR (450 USD) per month on anonymous “electronic” money transfers.[1] The proposed laws couple vague definitions of "anonymous" and "electronic" which potentially expose Bitcoin exchanges and users who exceed the limits to punishments of large fines and/or imprisonment.[2] On January 27, the Central Bank of Russia warned that businesses involved with Bitcoin would potentially be considered involved in money laundering or terrorism financing.[3] And finally, on February 6, the Prosecutor General's office appears to have said that Bitcoins and virtual currency are not legal tender, and thus, can not be used by citizens and legal persons in Russia.[4] This is a stark departure from the Russia of 2013, which was very bullish on ventures that provide technology-enabled transfers. But, virtual currency is not without Russian advocates. On January 24, 2014, Sberbank chief, Herman Gref, signaled opposition to restrictions on virtual currencies - calling them a "colossal step backward."[5] Perhaps more voices like this will temper the response to Bitcoins in the near future.

So the Russia banned bitcoin is just rumors or false information?