Shops now accept BTC | Bitcointalksearch.org

Mrbluntzy

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Quote from: adpinbr on May 29, 2024, 04:51:34 AM

Well to me, I know that some of the shops and organization do accept bitcoin as medium of payment to them sometimes is usually some companies online. It’s my know just be a company or a physical company. It’s an online company and sometimes it’s really worked out very well for them and for you and it’s easy it’s not something that has to do with banks verification and you have to, wait for the bank transaction to arrive. It’s just simple.

It's not just online platforms that are accepting Bitcoin payments, other physical shops that are located in countries that Bitcoin is not banned. In El Salvador, it is common that Bitcoin can be accepted in physical shops because Bitcoin have become a legal tender there. Bitcoin payment is so easy and private, only the buyer and the seller knows the amount they transacted.

YUriy1991

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Quote from: bitterguy28 on May 29, 2024, 07:32:53 AM

exactly mate and indeed that there are so many things and places that bitcoin have reached and now? we are in phase where totality
of bitcoin users are spreading even country is adopting this as legal tender.

Many countries still use fiat as a legal means of payment and it seems that this moment will not be long now. Mass adoption continues to grow and spread to various places or countries and maybe we just have to wait and see how the government responds to this so that it can be used and utilized legally in the future. My reason is that changes in the financial landscape are certainly moving forward, not backward.

teamsherry

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Ive never seen any firms accepting bitcoin or any crypto currency unless this would be owned by private individuals that love or have a vision in crypto, I'll like to know which country that this is currently happening and how they achieved it, yeah I remember a person on this forum saying once that he started accepting bitcoin as payment for his fashion business online, I don't know how legitimate legitimate was.

GideonGono

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There are so many business that accepts crypto or Bitcoin as a payment, even transportation and there are also some small stores or stalls that accepts Bitcoin or crypto as their payment option.
I guess almost all type of business accepts crypto as a payment option we just need to search for it.

YUriy1991

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Quote from: bitterguy28 on May 29, 2024, 07:32:53 AM

exactly mate and indeed that there are so many things and places that bitcoin have reached and now? we are in phase where totality
of bitcoin users are spreading even country is adopting this as legal tender.

Not only that, many parties have now started to change their business landscape from previously not including payment items using cryptocurrencies now it has started, if I am not mistaken as Mastercard has launched a Crypto Credintial Program, where users can send and receive crypto using a username and not as usual we have done using wallet addresses. At least this is the first step and I am sure that many options will be born again after this. Another assumption, users also in shopping today many also use the card in paying for their groceries.

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Quote from: Essential10 on May 26, 2024, 05:48:00 AM

Quote from: Emmybit001 on May 18, 2024, 05:50:45 PM

It just get to know that some shops now accept BTC as exchange, that is very good Bitcoin is making progress, after some years now Bitcoin will shock the world, with the way things are going now.

I am not surprised by this fact, there are countries that are using Bitcoin as their main currency, almost all transactions are using Bitcoin currency. There is no doubt that Bitcoin is constantly improving. I don't think any country will be left out that is not using Bitcoin. People are secretly using Bitcoin in countries that have been declared illegal. I think all generations of Bitcoin are going to have a big impact very soon, when Bitcoin will be considered a legitimate currency for everyone in the world.

The thing is that maybe he is actually new to the crypto space and that's why he is actually suprised to see that shops are accepting Bitcoin as a means of payment because that has been occuring and it's not something new and a country like Switzerland would be a perfect example of exactly the place of where people accept Bitcoin as means of payment and also a whole country like El Salvador has even made it there legal tender and I bet probably lots of shops over there actually do accept Bitcoin in their businesses and rendering services.

Bobrox

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Currently not only shop but also many companies have been accepted bitcoin for payment currency transaction behind the advantage make costumer easily for making transaction.
Since El Savador adopted and make bitcoin as legal payment transaction in their country many companies of shops are accepting bitcoin for legal tender payment transaction. Faster and lower fees have to pay become positive side why using bitcoin for payment transaction and the costumer get more alternative payment when for making transaction.
For bigger shop with digital product is worth accepting bitcoin as payment transaction how to make costumer easily when purchasing on the shop available using bitcoin as payment way, difference when using other stable coin with PayPal because most of risk account getting later although transaction process as faster like using bitcoin.

Zanab247

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I agree with you op, that BTC will shock some countries that refused to accept BTC in their countries, and those countries that adopted BTC some years back are enjoying the benefit of BTC because they made it legal tender for their business people to have access to BTC.

El Salvador government has made BTC legal tender, there are many shops that are accepting BTC as payment because their government has accepted BTC in their country, and you can use BTC to buy any kind of goods and pay with your BTC if you wish and it will be accepted.

The day BTC will be pronounce by the government, that they have make BTC legal tender in the country, i will start accepting BTC in my retail shop because many BTC users will begin to ask some shops owner if they are accepting BTC.

bitterguy28

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Quote from: Emmybit001 on May 18, 2024, 05:50:45 PM

It just get to know that some shops now accept BTC as exchange, that is very good Bitcoin is making progress, after some years now Bitcoin will shock the world, with the way things are going now.

can you share what country and what merchant is accepting bitcoin ? because this is an easy claim but nothing you prove here mate though
you must be proud of that because in my country there are very few that has this offer mate i also wanted this to happen in my country.

Quote from: Nothingtodo on May 23, 2024, 07:29:13 PM

Quote from: Emmybit001 on May 18, 2024, 05:50:45 PM

It just get to know that some shops now accept BTC as exchange, that is very good Bitcoin is making progress, after some years now Bitcoin will shock the world, with the way things are going now.

Pizza exchange with Bitcoin started on May 22, 2010, since then, Bitcoin's journey to commercialization has largely begun. So exchanging goods through Bitcoin is not a new system at all, but it could be an important issue in the Bitcoin revolution. The way Bitcoin's popularity is increasing day by day, in the future Bitcoin will be legalized in different countries as well as the widespread use of Bitcoin in shops and shopping malls. Bitcoin is currently accepted in countries where Bitcoin is accepted, but in countries where Bitcoin is not accepted, Bitcoin has not yet been exchanged.

exactly mate and indeed that there are so many things and places that bitcoin have reached and now? we are in phase where totality
of bitcoin users are spreading even country is adopting this as legal tender.

adpinbr

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Well to me, I know that some of the shops and organization do accept bitcoin as medium of payment to them sometimes is usually some companies online. It’s my know just be a company or a physical company. It’s an online company and sometimes it’s really worked out very well for them and for you and it’s easy it’s not something that has to do with banks verification and you have to, wait for the bank transaction to arrive. It’s just simple.

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Quote from: Emmybit001 on May 18, 2024, 05:50:45 PM

It just get to know that some shops now accept BTC as exchange, that is very good Bitcoin is making progress, after some years now Bitcoin will shock the world, with the way things are going now.

I am not surprised by this fact, there are countries that are using Bitcoin as their main currency, almost all transactions are using Bitcoin currency. There is no doubt that Bitcoin is constantly improving. I don't think any country will be left out that is not using Bitcoin. People are secretly using Bitcoin in countries that have been declared illegal. I think all generations of Bitcoin are going to have a big impact very soon, when Bitcoin will be considered a legitimate currency for everyone in the world.

woez

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Quote from: Popkon6 on May 19, 2024, 02:52:14 AM

Buying goods with Bitcoin is more common in El Salvador, where Nayeb Bukele fully accepts Bitcoin. Bitcoin has generally gained a lot of influence around the world within a short period of time, although in our country Bitcoin is illegal because it is not officially awarded but we use it secretly. So there are people all over the world who are secretly using Bitcoin, grocery stores, furniture, clothing and food stores also have Bitcoin style bill payment systems in El Salvador. But very soon such modern technology will spread all over the world.

Everything is hampered by regulations. If the government allows transactions with several options, it's very easy. The most we can do is make a wd and exchange it into fiat then buy and pay for the goods using the legal currency as a means of payment there. Except for fellow players, you can pay but use USDT via sending from fellow users.

Zoomic

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I would have been surprised that OP is just getting to know that shops now accept bitcoin as a means of payment but no,I'm not. The fact that you and I already know a few things or alot rather about Bitcoin and it's currency does not mean every other persons know. Many are still very ignorant, way ignorant of the existence of bitcoin than we can ever imagine. If OP is just getting to know, then it's a plus to his knowledge base.

Shops accepting bitcoin as a means of payment is a good one. After all, this is one of the reasons the coin was introduced in the first place. For every other shop owner or business owner who is triggered by this development and wish to accept bitcoin too as a means of payment, kindly consider the legality of bitcoin in the area where you operate. Note also how well your customers and people in the area understand bitcoin and how it works. The knowledge of this will help you run a smooth business and stay out of trouble too.

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Quote from: Emmybit001 on May 18, 2024, 05:50:45 PM

It just get to know that some shops now accept BTC as exchange, that is very good Bitcoin is making progress, after some years now Bitcoin will shock the world, with the way things are going now.

We have experienced the awkward moment of the market and we should always take good advises from our colleagues and do the needful, stop investing in projects that will fail. Our world come with slashing events and we ought to be extremely careful because losses currently are easily made. The world comes with surprising information and we should follow good path to strive for enormous profits.

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Quote from: Yamifoud on May 25, 2024, 08:47:48 AM

Many shops have opened their door to accepting Bitcoin as an alternative way of paying because they noticed that many people are already buying this. The growing number of Bitcoin investors/users is a ground that establishments will also need to adapt and widen their acceptance. Perhaps, it is already more than a decade that Bitcoin has existed, and it was enough to think that this is legit and are able to understand what is this all about.

Adoption will never grow fast if only the number of investors is increasing but also, it is need for these business groups to cooperate as well.

Yes, there are actually quite a lot of them. but the problem is whether they are actually legal or not? Because sometimes, there are countries that still have problems using crypto for payments and that is not allowed. If it was a global or international company, maybe it wouldn't be a problem. However, in certain countries, maybe that isn't easy to do. Because of several things:

- Regulations regarding crypto are prohibited from being used as a means of payment
This may happen in some countries, it could be because crypto is illegal or crypto is legal but illegal as a means of profiteering.

- The general public's ignorance about crypto specifically and their fear of using it because of FUD about scams and others

- Understanding of crypto as a distribution is still quite small.
I often think about it because the costs are actually increasing or the method is sometimes considered complicated. So this becomes difficult for shops around us to do directly.

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Quote from: Renampun on May 25, 2024, 03:30:45 PM

soon we will see more and more online shops accepting payments via bitcoin,

That is what every bitcoiner wants, but for this to happen, BTC tx fees will have to stay low, because if attacks like runes and ordinals continue in any other form, it would be hard for BTC to be adopted as a currency, and nobody would want to spend it due to the fees they have to pay.

Quote from: Renampun on May 25, 2024, 03:30:45 PM

we will also increasingly see the financial industry (especially savings and loans) will accept collateral with bitcoin,

Take note that BTC is volatile, and it is difficult for it to be used as a form of collateral. Maybe in the future when volatility has reduced, then it could be a good option for collateral and loans, without considering what will happen if the price in $ value rises or falls.

synchronym

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As the day goes by, the popularity of Bitcoin is increasing and people's interest in Bitcoin is increasing. Bitcoin is traded directly in all countries where Bitcoin is legal. Bitcoin market may go higher in the future so you can still invest in Bitcoin if you want to invest you must have a long term plan if you can invest with a long term plan you can definitely get proper success against Bitcoin. Many times it is seen that we are in a hurry to invest in Bitcoin. Many times we lose patience in Bitcoin investment. Many big investors lose patience so we should not lose patience. If we can invest patiently, we will definitely be one of the successful investors.

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Quote from: Emmybit001 on May 18, 2024, 05:50:45 PM

It just get to know that some shops now accept BTC as exchange, that is very good Bitcoin is making progress, after some years now Bitcoin will shock the world, with the way things are going now.

soon we will see more and more online shops accepting payments via bitcoin, not only that, we will also increasingly see the financial industry (especially savings and loans) will accept collateral with bitcoin, bitcoin is increasingly popular as a product and this is the magic of bitcoin , you are free to think of Bitcoin as anything (investment asset - money - collateral).

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Quote from: Emmybit001 on May 18, 2024, 05:50:45 PM

It just get to know that some shops now accept BTC as exchange, that is very good Bitcoin is making progress, after some years now Bitcoin will shock the world, with the way things are going now.

Unfortunately not every country is taking advantage of this technology in this manner, which is a slight setback...but I believe with several crypto payment processors out there digital platforms can easily make accepting Bitcoin easy..

But something that I think can make Bitcoin invisible is crypto cards as they can be used where VISA and MasterCard &/American Express are accepted but why are these payment options not as popular as these would facilitate ease of use of our Bitcoins...

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Quote from: Srubek on May 18, 2024, 05:53:01 PM

Quote from: Emmybit001 on May 18, 2024, 05:50:45 PM

It just get to know that some shops now accept BTC as exchange, that is very good Bitcoin is making progress, after some years now Bitcoin will shock the world, with the way things are going now.

What country?

You can find one in the Philippines though not sure if they maintain the numbers of merchants and local services that supports Bitcoin payment but yeah they are more than convenient this time as fees goes back down and most of them actually uses Lightning Network supported wallets so it's fast and cheap compared to normal transactions. Though I never had tried it but I saw it on YouTube where people especially foreign tourists paying Bitcoins on shops.

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