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Topic: People Can Now Buy Movie Tickets Using Bitcoin In Brazil - page 13. (Read 44977 times)

hero member
Activity: 2702
Merit: 716
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Buying/sellling stuffs , making payments with bitcoin and all this stuff is good but is it efficient ?
I am not against bitcoin or anything, in fact, I love it but the fact that bitcoin isn't efficient for making micro payments at peak hours is enough for me to say that we need an alternative currency or method that will enable us to make hassle free micro payments in a short duration. BTC can surely be used for larger transactions and this will benefit everybody but micro payments isn't a thing for bitcoin right now at least until the lightning network is established worldwide.
hero member
Activity: 1302
Merit: 540
Good news and can be served as another way for advertising bitcoin, with people's curiosity about this new ways for paying their tickets it will also add more interest coming from those who are not been yet got a good knowledge about this digital currency, though there's still doubts as this steps can be backed up
of certain loses due to some delayed of transactions confirmation, but for sure the owners really believes with the power of this new forms of money online.

Hope to continue seeing more businesses and establishment to start accepting bitcoin/crypto, not only in Brazil but more countries around.
legendary
Activity: 2450
Merit: 1047
Wow, that's great, this is the first time I read something like this, after airport taxis and hotel, this proves that Bitcoin can be used in anything, maybe one day, we will all have cinemas all over the world using Bitcoin and other cryptocurrencies, I'd like to be able to pay cryptocurrency here in our country when watching movies.
sr. member
Activity: 2366
Merit: 448
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That is one of the successes and advancements of bitcoin or crypto, and I see that there are many other countries that have received bitcoin and can even be used as a method of selling or buying transactions and many other systems.
I am among those who like to watch movies in theaters and if there is a method of buying or ordering tickets using bitcoin, it will make it easier for me and I hope in my country as soon as possible to imitate other countries because in my country legalize bitcoin.
hero member
Activity: 1806
Merit: 672
Ok so I research a bit about Cine Multi and the good news is its a real cinema and not a movie streaming app like Netflix or Hulu which means local businesses like this are actually starting to take advantage of the payment system, with them partnering up with a local crypto payment company this is a good sign that Brazil might start to see local businesses accept Bitcoin in their country, and to start it off we might see their competition in the industry to follow their footsteps depending what part of their revenue comes from BTC payments.
member
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I really doubt it. Is it really worth doing a doublespend only to save a few hundred Indian Rupees? That's next level cheapskating right there. I assume Cine Multi would just let people in regardless if the transaction was confirmed immediately or not.

I'm not referring to double spending, but the booking time between fiat and BTC users let's say if they take the same seat.

But if like @shesheboy has mentioned earlier that the process could be near-instantaneous (using LN) even with network congestion, then it'd be great.
I thought as much. For the cinema (Movie) center to adopt the use of Bitcoin for tickets payment will also ensure that the transactions are prompt to avoid confusion case scenario between the man with fiat and bitcoin at the same time ticket for the same seat. Just my own personal opinion.  
legendary
Activity: 3542
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At the least, some improvements are being made on the industry instead of it stagnating on development and updates. I wonder how many people in Brazil are casual movie-goers? For sure, a lot of people would be trying out the fad and the craze would die out, but the option to pay using bitcoin still stands though. While this may not be the brightest of the news for bitcoin and crypto, it's still amazing to see that merchants are still trying to be in the game and industry albeit the setbacks and the threat of volatility.
jr. member
Activity: 170
Merit: 1
Wow that was a good news.  Your country already adapting blockchain technology.  Hope that our country too.  Thanks for the information and I am still hoping that there will be a world wide acceptance of the bitcoin.  for easy and faster transaction ;-)
member
Activity: 1120
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I wonder how many people actually use something like this. Sure, a business can accept Bitcoin, but is there any people who use it, with its relatively slow confirmation time (unless it uses LN). It seems like the majority of people only buy or use Bitcoin for trading/investment though, not sure how this cinema will 'convince' people to use Bitcoin here.

Nevertheless, it's a good sign that more business provider accepts and recognize Bitcoin as a means of payment. Hopefully, people will start to use Bitcoin regularly too.

I can imagine waiting for 1 confirmation during peak periods.

"Sorry, your seat has been taken. Please try another"
Don't think either way because there must be a workable platform to resolve such delays from the blockchain transaction regardless of 1 confirmation or 2 confirmation before be allow to go in. This will improve the movie industry as it does to casinos (Gambling industry).
member
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I wonder when this will ever happen in my country because of the oppressors who never wanted the power of the mainstream technology be fully implemented into use. Ticketing with Bitcoin for watching movies is a laudable achievement in Brazil and hope they sustain this growth.
copper member
Activity: 294
Merit: 1
I think that people being able to buy movie tickets using bitcoin is a welcome development in the history of Cryptocurrency.
This development would increase user participations in the Cryptocurrency space while driving adoption rate.
Hopefully, people. Will be able to buy football tickets and purchase goods and services for Cryptocurrency soon.
hero member
Activity: 1526
Merit: 501
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People Can Now Buy Movie Tickets Using Bitcoin In Brazil
Buying movie tickets in Brazil just got a whole lot easier through Bitcoin payment systems established by Cine Multi.

Brazil initially showed signs of interest in Bitcoin and the blockchain technology last in 2017 when Brazilian Hotel Chain Vert Hotéis started accepting Bitcoins as payment for their services. This was then followed by Brazil's usage of the Ethereum blockchain to keep track and monitor the political expression of Brazilian citizens.

Read more here: https://www.unblock.news/news/people-can-now-buy-movie-tickets-using-bitcoin-in-brazil
This is actually a very good news not only for Brazilians but also for the Bitcoin community. Countries who are exploring Bitcoin if they are going to adopt it as payment system can now have positive basis whether to embrace it. Adoption is quiet increasing nowadays as people are looking for a much better solution to centralized payment system tha seems to be wiped out in the next generation.
Indeed, good news for bitcoin communities, this tells us very clearly that the application of bitcoin to life in each country has certain developments, although it is only a very small application but it is sufficient to prove that bitcoin still has potential and useful for life. And when it has proved its value to the community, the government will probably consider and help, even promote it to grow strongly, we will probably become the ones who receive the most benefits when this situation comes, and to prepare for a perfect result, we should accumulate more bitcoin, instead of constantly using it as a payment method.
sr. member
Activity: 1736
Merit: 357
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People Can Now Buy Movie Tickets Using Bitcoin In Brazil
Buying movie tickets in Brazil just got a whole lot easier through Bitcoin payment systems established by Cine Multi.

Brazil initially showed signs of interest in Bitcoin and the blockchain technology last in 2017 when Brazilian Hotel Chain Vert Hotéis started accepting Bitcoins as payment for their services. This was then followed by Brazil's usage of the Ethereum blockchain to keep track and monitor the political expression of Brazilian citizens.

Read more here: https://www.unblock.news/news/people-can-now-buy-movie-tickets-using-bitcoin-in-brazil
This is actually a very good news not only for Brazilians but also for the Bitcoin community. Countries who are exploring Bitcoin if they are going to adopt it as payment system can now have positive basis whether to embrace it. Adoption is quiet increasing nowadays as people are looking for a much better solution to centralized payment system tha seems to be wiped out in the next generation.
member
Activity: 616
Merit: 30
This is another good pointd in bitcoin progressive ,because huge country like brazil can bring positivity to the crypto world.and ticket is just a starting action next Is yet to come.these days lots of adoptions from every country’s to bitcoin so maybe we must consider buying now before losing a chance of buying from the cheapest price.hope i have more fiat to convert but my capital is limited
full member
Activity: 462
Merit: 100
Well Good Application and its nice Idea of putting in on the cinemas. Less hassle on buying of ticket you can buy it through online and you don't need any real money. the choices of the viewers gets more option how they reserve and buy ticket. I hope it makes more profit buy applying bitcoin to it and help their community and artist. and get more fund for more exciting movies.
legendary
Activity: 3164
Merit: 1127
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People Can Now Buy Movie Tickets Using Bitcoin In Brazil

days ago the price of bitcoin was $3350 and days later the price increased to $3650, a good profit, so who will take your bitcoin to buy movie ticket when that person can hold your bitcoin to make a profit? this is the main point

Brazil initially showed signs of interest in Bitcoin and the blockchain technology last in 2017 when Brazilian Hotel Chain Vert Hotéis started accepting Bitcoins as payment for their services.

High volatility will be a great impediment for merchants to accept bitcoin as a means of payment
legendary
Activity: 2576
Merit: 1043
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Well, another step for mass adoption? Or its just another way to spread the word about Bitcoin. Lets face the fact that only a few people around the world knows Bitcoin or cryptocurrency in general. With this move, people will become curious about Bitcoin and will do some research on it. There are risk on it because Bitcoin's price is volatile so I think its better that if they pay half Bitcoin and half fiat.
legendary
Activity: 1526
Merit: 1001
People Can Now Buy Movie Tickets Using Bitcoin In Brazil
Buying movie tickets in Brazil just got a whole lot easier through Bitcoin payment systems established by Cine Multi.

Brazil initially showed signs of interest in Bitcoin and the blockchain technology last in 2017 when Brazilian Hotel Chain Vert Hotéis started accepting Bitcoins as payment for their services. This was then followed by Brazil's usage of the Ethereum blockchain to keep track and monitor the political expression of Brazilian citizens.

Read more here: https://www.unblock.news/news/people-can-now-buy-movie-tickets-using-bitcoin-in-brazil
This is good news. Now more and more places and services are using cryptocurrencies platforms. In this way cryptocurrencies will develop. Thank you Brazil, you are a small number of countries that have implemented Bitcoin in the transaction system in their country. although there is still no decision from the government, at least Bitcoin can circulate far more widely in Brazil. Let's continue to develop the use of Bitcoin, so that we can achieve an era of an increasingly good future.
full member
Activity: 384
Merit: 100
I want to say that this is good news for crypto users and fans, bitcoin should be a payment in other businesses in Brazil. Maybe payment for transportation and shopping at the supermarket. This is remarkable progress and good development for cryptocurrency. Thank you for this news.
legendary
Activity: 3234
Merit: 1214
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That's really interesting, and Brazil has recently come up with the plans of refilling train, bus and other transportation cards with bitcoin. Brazil seems to be progressive with the usage of bitcoin and its usage on Marketplaces too keeps on counting. Movie tickets were much commonly used by public and such a service accepting bitcoin will let more people know about cryptocurrencies.
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