Shops now accept BTC - page 3. | Bitcointalksearch.org

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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.

Actually there is a very unique thing behind that and it's the taxes that governments apply on shopping. In developed countries they can track the BTC payments as well due to technologies available but still some shops owners get rid of the taxes by applying some techniques.

That's why there more concerned about the payments in BTC other wise why would a shopkeeper risk his asset as we all know crypto is volatile. There is one reason behind that and it's the taxes and charges that apply on transactions by governments.

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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.

Many shops now accept payment in Bitcoin; some of them are Amazon, Shopify, BitPay, Vpn Express, and others. Now, when it comes to traditional businesses here in our country,
there are still many merchants who accept Bitcoin and other cryptocurrencies.

Now if you want to know other businesses online that accept bitcoin payments, maybe just read this link that I will give you:
https://www.bolt.com/thinkshop/online-stores-that-accept-bitcoin

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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.

That is one characteristics of bitcoin, being used as a medium of exchange of buying and selling both online and offline so it's not a new things. Maybe in your country there is prohibition of bitcoin being used in purchasing of item, or probably you are not familiar with that. If you are familiar and well knowledgeable about bitcoin you will know that it is accepted in most places as a medium of buying and selling so its not a new things just that most country don accept Bitcoin.

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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.

In countries where bitcoin is considered a legal currency and the government allows it and the government collects taxes from bitcoin, any store or anything in the country can accept bitcoin as payment without any problem. There are many people who consider Bitcoin as a potential asset of the future and they believe that the price of Bitcoin will increase in the future, they hold Bitcoin, but there is no business opportunity to hold Bitcoin. Because they have to buy full products with the money of the sold products. so accepting Bitcoin as payment in this case means giving customers the opportunity to make multiple payment methods. It results in high customer satisfaction.

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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,

In my area, this is still quite limited and there are rarely shops that accept payments using BTC. The reason is because of government regulations and they cannot implement them because of the sanctions that will be given, so they don't want to take risks.

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

after some years now Bitcoin will shock the world, with the way things are going now.

Bitcoin is experiencing rapid progress in my country but is still used as an investment asset. Bitcoin adoption is becoming more widespread from capital cities to remote villages because of the availability of the internet which makes people more familiar with information. Bitcoin is still something that is sought after and in my country bitcoin is still quite talked about as an investment asset because it is gaining quite significant upward momentum.

Now there are many people competing to buy bitcoin because people in my country are starting to be quite open to investment and hope this adoption continues so that everyone can benefit from the investment they make.

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Quote from: kamvreto on May 23, 2024, 07:54:15 PM

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.

Because bitcoin is still a new decentralized digital currency, some countries cannot provide more regulations, it is only a trading asset. Other countries that fully accept Bitcoin as a legal payment asset like El Salvador, it has been a good revolution for Bitcoin payments. now let's see, the more mass adoption of bitcoin the better it will be for the development of bitcoin. This still has many pros and cons and some governments don't want assets that they don't fully control and become legal tender. there are still many challenges for bitcoin in the future.

In my country it has also happened that shops accept payments using Bitcoin, because it is a tourist area and many foreign tourists are on holiday, so accepting payments in Bitcoin is actually a good step for the development of Bitcoin, but the government at that time prohibited it from being used as a medium of exchange. exchange, and finally there were many checks, because the state prohibited the use of bitcoin as a transaction tool

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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.

Because bitcoin is still a new decentralized digital currency, some countries cannot provide more regulations, it is only a trading asset. Other countries that fully accept Bitcoin as a legal payment asset like El Salvador, it has been a good revolution for Bitcoin payments. now let's see, the more mass adoption of bitcoin the better it will be for the development of bitcoin. This still has many pros and cons and some governments don't want assets that they don't fully control and become legal tender. there are still many challenges for bitcoin in the future.

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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.

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.

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Quote from: Orpichukwu on May 18, 2024, 05:57:14 PM

There are a lot of things that you are yet to discover. Not only have shops started accepting bitcoin, but some countries have also made it a legal tender.

Some companies too also consider it a method of payment for large purchases, and they also use bitcoin as part of their reserve funds. Bitcoin adoption is rapidly increasing, and it's not just in shops accepting it this time.

You don’t have to blame op and I guess those are one of the expressions that comes with seeing what you thought rare been used in your neighborhood.
Op just to add to what orpichukwu has already said, I think you’re still new in the industry and still new to a whole lot of things but I just want to let you know that, bitcoin is already doing massively well as it is already breaking limits and having it as a means of payment is one of the least you have seen of bitcoin and countries like El Salvador have already accepted bitcoin as a legal tender which simply means that, the regular buying and selling in the country can be through with bitcoin as a legal means of payment and though it must have had a lot of challenges but trust me , the country is doing well with their decisions and reports has it that they’re doing well.

Secondly I believe you must have heard how bitcoin has helped a lot of lives and created a lot of opportunities ranging from trading to investment to being p2p merchants and the rest.
Bitcoin is the future and welcome to the future

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Quote from: Stable090 on May 23, 2024, 12:36:34 PM

Quote from: Dr.Osh on May 20, 2024, 06:33:56 AM

Well, bitcoin is very famous now. Those who know how to use it are likely to accept bitcoin as a means of payment

Some people are already accepting bitcoin as a payment method. There was a time some businesses were accepting bitcoin in my country before the central bank started banning accounts that are linked to crypto transactions. Since then, even people accepting bitcoin as a payment method have stopped so that their accounts won’t be blocked. But the funniest part is that even as the central bank keeps on blocking accounts linked to bitcoin transactions, bitcoin keeps on getting more popularity in my country. I'm sure that with time, the government won’t just have a choice but to adopt bitcoin.

Shops online and offline, companies are widely accepting bitcoin as a method of payment.Regulations by government in most countries have made it difficult for businessmen/women to accept bitcoin as a method of payment.My country is one of the top leading countries promoting the Bitcoin and other cryptos transactions but the regulation is strict by the government,it has gotten to an extent that it has been announced that users involved in crypto transactions account will be banned.
Bitcoin and crypto method of payment can be explored in countries that are friendly to bitcoin and those countries that have adopted Bitcoin and cyptro transaction but in a country that it's restricted and regulated it seems impossible and unnecessary.

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Quote from: Stable090 on May 23, 2024, 12:36:34 PM

Some people are already accepting bitcoin as a payment method. There was a time some businesses were accepting bitcoin in my country before the central bank started banning accounts that are linked to crypto transactions. Since then, even people accepting bitcoin as a payment method have stopped so that their accounts won’t be blocked. But the funniest part is that even as the central bank keeps on blocking accounts linked to bitcoin transactions, bitcoin keeps on getting more popularity in my country. I'm sure that with time, the government won’t just have a choice but to adopt bitcoin.

Not only as individual but also many companies have accepted bitcoin as payment currencies how to make easily for transaction or giving more alternative kinds of payment. I think some companies accepted bitcoin as payment currency looking the positive side of their business how to make costumer easily when making transaction and helped its for their self with bitcoin price increasing will earn double profitable than payment by fiat.

But some countries make difficult regulation when using or adopting bitcoin as payment transaction and not all company allowed to use bitcoin as payment currency transaction, for individual seems not much problem when using bitcoin as payment way but need to allow government regulation firstly for companies.

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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.

bitcoin has taken the world by storm for a long time, so when more people use bitcoin as a means of their transactions, it won't be a surprise to anyone anymore. however, as far as i know, regarding the use of bitcoin as a means of payment in some countries it is very strictly regulated, so when you use bitcoin as a means of payment you have to see whether in that region bitcoin is legal as payment or not. because there have been several cases where merchants carelessly accepted bitcoins from their customers, but in the end they ended up being punished. so we need to know about the regulations for paying with bitcoin in a country, so that this doesn't harm us.

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Quote from: Dr.Osh on May 20, 2024, 06:33:56 AM

Well, bitcoin is very famous now. Those who know how to use it are likely to accept bitcoin as a means of payment

Some people are already accepting bitcoin as a payment method. There was a time some businesses were accepting bitcoin in my country before the central bank started banning accounts that are linked to crypto transactions. Since then, even people accepting bitcoin as a payment method have stopped so that their accounts won’t be blocked. But the funniest part is that even as the central bank keeps on blocking accounts linked to bitcoin transactions, bitcoin keeps on getting more popularity in my country. I'm sure that with time, the government won’t just have a choice but to adopt bitcoin.

Quote from: Dr.Osh on May 20, 2024, 06:33:56 AM

However, personally, I would probably choose to use Fiat as a medium of exchange, and keep the bitcoins I own.

If everyone keeps on holding their bitcoin, then I will say bitcoin is not really serving its purpose. Bitcoin is supposed to be used as an alternative payment method, so if you are opportune to make payments with bitcoin, then you can do that. I am not asking you not to hold some bitcoin, but you can also have some that can be used for payment.

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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 believe maybe you are new to the crypto space or before now you had no interest about Bitcoin because you getting to know now that shops just started accepting Bitcoin is sounding off me because the level and height at which Bitcoin has attained is something that you can even begin to place your fingers. The context of Bitcoin being accepted as means of payment on shops, maybe this would also be off suprised to you that Bitcoin is also saved and used by major banks and huge companies as source of investment because they also know the importance of Bitcoin as a means of accumulating profits.

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Quote from: reagansimms on May 23, 2024, 09:11:40 AM

We often find this phenomenon in several different shops that accept Bitcoin as a means of payment when transactions occur, both offline and online. Bitcoin has shocked the world in the last few years, the use of Bitcoin is not only limited to being a transaction tool in several shops, but has been recognized as a legal means of payment in the country of El Salvador. The increasing adoption of Bitcoin will make it easier for you to carry out transactions while on holiday because you no longer need to carry fiat money wherever you go. Using Bitcoin as a payment option will benefit both parties, for this reason many shops are starting to accept Bitcoin as a means of payment.

I no longer feel surprised when I see things like that in several places even though it's not where I live, because the adoption of Bitcoin and Bitcoin news that continues to go viral on the internet has certainly had a very good effect so that up to now there have been so many stores that are willing to accept Bitcoin according to their respective agreements. Because several large companies in the world have long been willing to accept Bitcoin for payment because the companies themselves are people who know and study Bitcoin so they dare to make the decision to accept payments in Bitcoin.

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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.

Many stores have been accepting bitcoin payments from customers for years, it's not a news. Of course we're talking about a relatively small number but it's part of the process. It would be interesting to know how many stores convert BTC immediately in some stablecoin/fiat and how many decide to keep it as BTC, I'm mainly thinking about the tax implications of this operation, would it be easy to keep track of these transactions or is it going to be confusing?

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We often find this phenomenon in several different shops that accept Bitcoin as a means of payment when transactions occur, both offline and online. Bitcoin has shocked the world in the last few years, the use of Bitcoin is not only limited to being a transaction tool in several shops, but has been recognized as a legal means of payment in the country of El Salvador. The increasing adoption of Bitcoin will make it easier for you to carry out transactions while on holiday because you no longer need to carry fiat money wherever you go. Using Bitcoin as a payment option will benefit both parties, for this reason many shops are starting to accept Bitcoin as a means of payment.

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Usage and acceptance of bitcoin are seen all around the world. Based on the interest we take in using bitcoin, we'll be able to make use of it. In some locations, it is possible to see a large number of stores accepting bitcoin. Particularly, the interest in cryptocurrency acceptance has increased in African countries. Many business owners wish to accept cryptocurrency into their businesses, but the legal status within their country makes them stay away. Bitpay gives detailed information on different brands, online stores, and cafes accepting bitcoin in different parts of the world.

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Quote from: wiss19 on May 23, 2024, 02:40:51 AM

When Bitcoin started becoming mainstream in the initial days, we used to be as excited as you because we used to think that Bitcoin would soon become an accepted currency all around the world very soon, but as time passed by, we started to realize that it is not as easy as we might think it is because there are a lot of hurdles in its way, volatility is one of them.

BTC is accepted and is used in most countries, albeit with strict regulations in some countries and no clear regulations in others, but the countries that have banned BTC are not so much.

Take note that when we are talking about acceptance, we don't mean the status of legal tender, BTC is only a legal tender in one country and i don't think we will get more in the near future, but that's not a problem if BTC is accepted and not banned, so that the merchants who are willing to accept it can do so, and people who want to spend it can also do so.

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Not where I live, but shops and businesses started accepting Bitcoin long ago, so it's nothing new. When Bitcoin started becoming mainstream in the initial days, we used to be as excited as you because we used to think that Bitcoin would soon become an accepted currency all around the world very soon, but as time passed by, we started to realize that it is not as easy as we might think it is because there are a lot of hurdles in its way, volatility is one of them.

Some countries and their governments will barely ever accept Bitcoin and let their people use it freely, I know regulations are important because they need taxes and stuff, but they are generally against the concept because it promotes decentralization and they don't want that because it gives them limited access.

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