The Bitcoin Cafe - page 5. | Bitcointalksearch.org

Little Mouse

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Quote from: pixie85 on July 27, 2019, 11:47:30 AM

I understand that prices in Bangladesh are very low compared to the US and even a fee of $0.1 when you buy a $1 coffee can hurt because why would you pay 10% more if you can use cash and have that one free cup every 10 days but in the US and the EU LN fees are acceptable, but you have to buy in bulk. To buy a single cup you will have to probably pay twice its price but go with friends and pay the bill for the evening and that $2 fee will go unnoticed.

Fee will not be $1 or $2. It depends on input and outputs. For instant confirmation, you may be required to pay higher fee in sometimes.
If LN get accepted overall, the fee wilk be $0.02-$0.03 or so.

pixie85

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Quote from: Pffrt on July 27, 2019, 10:30:51 AM

Quote from: whyrqa-1 on July 22, 2019, 02:20:29 PM

It is possible for someone to pay for coffee using Bitcoin is quite an ordinary thing, but I am sure that such trifles should not be paid using Bitcoin until the cost of a transaction on the Bitcoin network is even cheaper.

With Lightning Network, fees will drop significantly, however, it's still not that much although fees are same way volatile as the price of bitcoin.

I understand that prices in Bangladesh are very low compared to the US and even a fee of $0.1 when you buy a $1 coffee can hurt because why would you pay 10% more if you can use cash and have that one free cup every 10 days but in the US and the EU LN fees are acceptable, but you have to buy in bulk. To buy a single cup you will have to probably pay twice its price but go with friends and pay the bill for the evening and that $2 fee will go unnoticed.

Pffrt

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Quote from: Pyrojason on July 22, 2019, 03:37:35 PM

Quote from: Pffrt on July 09, 2019, 12:57:21 AM

“...I have visited this cafe 2 times and asked to pay with Bitcoin but he wasn't agreed.”

The wall art is really well done! Did it seem like it was a plastic cut design or wood ..3D printed and assembled or ?

All of the wall art made by wood. All of the wall art are designed from various cryptographic.

Quote from: whyrqa-1 on July 22, 2019, 02:20:29 PM

It is possible for someone to pay for coffee using Bitcoin is quite an ordinary thing, but I am sure that such trifles should not be paid using Bitcoin until the cost of a transaction on the Bitcoin network is even cheaper.

With Lightning Network, fees will drop significantly, however, it's still not that much although fees are same way volatile as the price of bitcoin.

Pyrojason

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Quote from: Pffrt on July 09, 2019, 12:57:21 AM

“...I have visited this cafe 2 times and asked to pay with Bitcoin but he wasn't agreed.”

The wall art is really well done! Did it seem like it was a plastic cut design or wood ..3D printed and assembled or ?

whyrqa-1

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It is possible for someone to pay for coffee using Bitcoin is quite an ordinary thing, but I am sure that such trifles should not be paid using Bitcoin until the cost of a transaction on the Bitcoin network is even cheaper.

Ridwan Fauzi

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Quote from: Pyr3x on July 19, 2019, 11:30:47 AM

When bitcoin will allowed in their country, I'm sure this cafe will accept payment in bitcoins and other cryptocurrencies. Right now they're just using name to get attention. But they can't break the law now.

When a government accept cryptocurrencies then it doesn't mean they are allowing to use bitcoin as payment system. Most of the countries only use bitcoin as a comodity/property which can be traded and can be use them as investment place. Just a few countries who allowed the cryptocurrencies especially bitcoin be used as payment system such as Japan and I don't know for another countries.

This thing was made most of user more comfortable to use bitcoin as investment place only. And the one of the caused of that is the government themselves. However, I like for an idea was made by some user of crypto, they try to promote cryptocurrencies especially bitcoin in many ways and at least this thing will make most people aware of cryptocurrency.

blackhawkeye1912

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Quote from: Pffrt on July 09, 2019, 12:57:21 AM

In Bangladesh, people are not allowed to use bitcoin or any other cryptocurrency. Govt has declared it illegal. The great news is our current Finance Ministry is thinking over it and we will probably be seen Bitcoin legal in the coming years.
In Dhanmondi, there's a cafe namely "The Bitcoin Cafe". Although they don't accept bitcoin or any other cryptocurrency, I see it as a great way of promotion, people will learn more about Bitcoin and cryptocurrency. I have visited this cafe 2 times and asked to pay with Bitcoin but he wasn't agreed.

Photos are taken from google review.

This is interesting topic, first the owner of the cafe obviously was a bitcoin fanatic. I think He has something to give to anyone that Bitcoin in the future will become the world currency, so at the moment He might be giving an awareness to the people around him about it.

Pyrojason

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Quote from: btc78 on July 22, 2019, 06:20:09 AM

What about the Menu?do they named after cryptocurrency also?like Bitcoin and Ethereum with cream,or Bitcoin latte?wonering what’s written on the menu list to make it more crypto cafe 😂

I love it and will always love having establishments that naming towards crypto it feels like we are already in adoption and people around the world is having cryptocurrency each of everyone

I'd pay crypto to eat at a place like that, sure. A creative crypto-themed menu of dishes and side of hash?

Hold the alts, please.

btc78

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What about the Menu?do they named after cryptocurrency also?like Bitcoin and Ethereum with cream,or Bitcoin latte?wonering what’s written on the menu list to make it more crypto cafe 😂

I love it and will always love having establishments that naming towards crypto it feels like we are already in adoption and people around the world is having cryptocurrency each of everyone

zviadits

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Bitcoin cafe is a great opportunity to learn about digital currencies in an informal setting over a cup of coffee. I think that such projects must be in every country.
Perhaps in your cafe, you can not pay off the crypto because of some kind of inside prohibition, for example, the government prohibits it or the owner, but in any case, such cafes must be

longtkhd

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I'm not sure about your country, but I think bitcoin in my country is not so popular that it can be used to make coffee payments, I think it will take some time for it to be more easily accessible to people.

sonico

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If I someday decide to open a business it will be an Cafe like this!

And I believe that the owner only accepts btc from trusted costumers of their community for personal safety from government and criminals. Think of that...

Glutius

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And I have a friend on the contrary practices payment in cryptocurrency, visiting such institutions. He has a record, 4 times managed to pay in bitcoins for a Cup of coffee and tea. I think such cryptocurrency acculturation is a huge step towards the future development of modern technologies.

kingpin4321

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Yes bitcoin is not under the ownership of anyone but I rather not see this as a way to increase the publicity of the cafe rather it create awareness and support for bitcoin despite being small but it has a role to play

Pyr3x

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When bitcoin will allowed in their country, I'm sure this cafe will accept payment in bitcoins and other cryptocurrencies. Right now they're just using name to get attention. But they can't break the law now.

Alert31

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Trident Protocol | Simple «buy-hold-earn» system!

"The Bitcoin cafe" is the best business to put up now because bitcoin is popular and many people believe in bitcoin. It will become famous too not just a promotional tool but instead a good source of income.

samuraijin

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Quote from: Periodik on July 16, 2019, 09:41:30 PM

Quote from: Ucy on July 16, 2019, 02:30:09 PM

This is a creative way of using a big brand name to promote ones company. I guess it is illegal if done with registered companies.. Fortunately for the café owner, Bitcoin isn't owned by anyone... so he won't be getting sued by anyone .
If not for the hostility towards bitcoin by the authority, he would definitely be accepting Bitcoin as payment.

For sure, the owner cannot be naming his business after Bitcoin if he will not accept it in the first place. But since Bangladesh has yet to be enlightened about the real deal of Bitcoin, his business will have to do with fiat for now. But it is always a breather to see business like this and people supporting Bitcoin in a country which does not consider Bitcoin legal. These are tiny little steps that for sure whisper to the government something in favor of legalizing Bitcoin.

I think this is just Cryptocurrency, this is not only accepting or using bitcoin for payment instruments, but they are only inspired by cryptocurrency that makes the cafe themed Cryptocurrency, To attract many people in their country and tourists visiting Bangladesh, maybe that's what they mean ...

Reatim

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Quote from: Pffrt on July 09, 2019, 12:57:21 AM

In Bangladesh, people are not allowed to use bitcoin or any other cryptocurrency. Govt has declared it illegal. The great news is our current Finance Ministry is thinking over it and we will probably be seen Bitcoin legal in the coming years.
In Dhanmondi, there's a cafe namely "The Bitcoin Cafe". Although they don't accept bitcoin or any other cryptocurrency, I see it as a great way of promotion, people will learn more about Bitcoin and cryptocurrency. I have visited this cafe 2 times and asked to pay with Bitcoin but he wasn't agreed.

Photos are taken from google review.

The government of yours only prohibited people from using Bitcoin but not accumulate right?so meaning people there can have their bitcoin in wallets but cannot use it for now so I guess that the owner of that cafe is advertising Bitcoin for the others to know and realize the value of this and may be used soone.and also he was a fanatic of cryptocurrency so he is proud having this in that cafe in which I truly support and love,,I am planning to open my business as well so I might be using the concept and will accept bitcoin for payments and some other crypto as well

Rinso

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Quote from: Artemis3 on July 16, 2019, 03:01:51 PM

The same way its done in countries like mine under Hyperinflation: The prices changes all the time and has a limit, which could be a week, a day, or some hours. We live in the digital age, your menu could show price fluctuations of everything you sell in your shop all the time.

But some people are nice and are willing to keep their word longer, ie, that whole day no matter what.

Bitpay actually gives you just 15 minutes, that is a bit rude and extreme, but its a valid example.

I hope the cafe owner puts a big sign explaining he can't accept bitcoin payments until its legalized. Because this question is going to come non-stop.

thank you for the explanation now i understand how the process of bitpay, and agree with you the owner must announce that they not accept the bitpay until it's legal

Periodik

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Quote from: Ucy on July 16, 2019, 02:30:09 PM

This is a creative way of using a big brand name to promote ones company. I guess it is illegal if done with registered companies.. Fortunately for the café owner, Bitcoin isn't owned by anyone... so he won't be getting sued by anyone .
If not for the hostility towards bitcoin by the authority, he would definitely be accepting Bitcoin as payment.

For sure, the owner cannot be naming his business after Bitcoin if he will not accept it in the first place. But since Bangladesh has yet to be enlightened about the real deal of Bitcoin, his business will have to do with fiat for now. But it is always a breather to see business like this and people supporting Bitcoin in a country which does not consider Bitcoin legal. These are tiny little steps that for sure whisper to the government something in favor of legalizing Bitcoin.

Topic: The Bitcoin Cafe - page 5. (Read 7001 times)