Topic: The first gas station to accept Bitcoin in my region - page 3. (Read 1293 times)
That’s great! These little things give hope to bitcoin enthusiasts like me. Paying in Bitcoin for day-to-day life necessities has been a dream for many bitcoin lovers like me.
Another post showing that bitcoin is now circulating in different countries. It is being accepted by anyone. I am happy that even businessman are now angaged with crypto currency transaction.
Bitcoin is a digital currency that is decentralized for peer-to-peer transactions. I see Bitcoin has a normal currency just like fiat that is used for daily transactions of goods and services. I am a lover of Bitcoin and I am very passionate about it even though it is volatile but also a good investment for long term holders. There is great opportunity for holders to benefit as the market fluctuate from one price to another.
As the new elected manager of my gas station, I have successfully initiate the use of Bitcoin as an alternative payment to help advocate and promote the use of great digital currency called BTC. I am a Bitcoin lover and I intend to encourage the use in my local region so customers can pay and get to know about it. I see Bitcoin as both investment and a currency and the company can make more if we hold it in respective of the market conditions.
I know how challenging it can be to introduce an option for payment in Bitcoin, but with time customers may prefer it to fiat in respective of the network fee. It was never easy for me to convince the board about having an option for payment in Bitcoin, and I am happy for the enormous knowledge I was able to gather here and those that advised me on making this a success.
Amazing! As I've read this post, I am so happy knowing that there are stores who officially offering Bitcoin payment. Hoping this is only the beginning of BTC awareness all over the world.
This is so looking beautiful, seeing this alone can trigger me to buy petrol when I don't really need it. Am excited getting to see how bitcoin is expending to do with business like this. Am very convinced me that in short time, all this won't be common to people again, it will be adopted as a tradition to many businesses.
This is just the beginning of opting into payment through Bitcoin and I know I will drop more updates about it soon or later. People are getting to know more about Bitcoin and the awareness is growing gradually.
Thumbs up, dude! That's the right way to go – spread it everywhere we go! This is part of the reason I like youngsters (not old men) getting to run affairs heavily populated by the young. For instance example, the polity. Young people understand this modern happenings. Old men seldomly know how to grapple with new techs. Your innovation is in order. My only concern is the fluctuations and delays that has to come with Bitcoin transactions. I hope customers won't have to pass through hardship to accurate billing. Nigeria needs more of this.
This is another great achievement by making it easier for bitcoin user to buy gas with digital currency easing the stress moving round with cash.
Please I would love the OP to share little details with me so I can initial those who want to buy gas digital currency.
Congratulations 🎊
Please I would love the OP to share little details with me so I can initial those who want to buy gas digital currency.
Congratulations 🎊
I am really happy to see the picture. I'm glad to see Bitcoin being used in any established business. But since it is supposed to be a Nigerian filling station, it would be effective for everyone if it was called Details and if it was actually agreed upon. Because as far as ii know cryptocurrency is still banned in Nigeria.
Well, Cryptocurrency is actually not Banned in Nigeria it is just the financial institutions that are restricted from allowing crypto trading but thousands of Nigerians still trade cryptocurrencies daily and a major crypto exchange like Binance has been sponsoring major TV programs in the country, however, it is a good step seeing a thing like this happening to bring more exposure to Bitcoin in the country. 
I thought Nigeria banned the decentralized cryptocurrencies because they already launched e-naira also announced people to change their savings into their cbdc as soon as possible then how it really possible to accept Bitcoin in the fuel station?
Anyway how people reacted to this? They really spend bitcoin for filling or just the same ood way...
Anyway how people reacted to this? They really spend bitcoin for filling or just the same ood way...
I am really happy to see the picture. I'm glad to see Bitcoin being used in any established business. But since it is supposed to be a Nigerian filling station, it would be effective for everyone if it was called Details and if it was actually agreed upon. Because as far as ii know cryptocurrency is still banned in Nigeria.
Always nice to see a type of business to accept crypto currencies as payment. Usually I would say that we should consider using the new payment option, to show that there is a lot of demand for crypto payments. Only if the companies realise that customers use cryptos regularly they will be accepted by other companies. The problem however with gas prices is that they are exceptionally high right now. The Russia Ukraine war will keep pushing energy prices upwards, resulting in new levels of inflation. In a high inflation environment I would recommend to use fiat money rather than crypto money. Also bitcoins are really cheap right now, I would not sell mine at 30,000 USD.
using both in payment is the best obsession, because when the price is as it is today maybe for small holders is the most important thing but for those who incidentally are big holders using a little means nothingbut accepting transaction payments using bitcoin is cool mate...
Pushing for the acceptance if Bitcoin is a cool thing to see at the moment. But how many are really buying with Bitcoin ?
That's a great initiative you had there Man, I hope you teach you staff's how too trade and use Bitcoin, everyone should be aware just Incase of your absence. Good move! You should also do more than this where possible.
That's a great initiative you had there Man, I hope you teach you staff's how too trade and use Bitcoin, everyone should be aware just Incase of your absence. Good move! You should also do more than this where possible.
Always nice to see a type of business to accept crypto currencies as payment. Usually I would say that we should consider using the new payment option, to show that there is a lot of demand for crypto payments. Only if the companies realise that customers use cryptos regularly they will be accepted by other companies. The problem however with gas prices is that they are exceptionally high right now. The Russia Ukraine war will keep pushing energy prices upwards, resulting in new levels of inflation. In a high inflation environment I would recommend to use fiat money rather than crypto money. Also bitcoins are really cheap right now, I would not sell mine at 30,000 USD.
It's a nice initiative, this is another dimensions of uplifting your gas plant in terms of investment via bitcoin, it's rall to see a gas plant across the nation that funds bills with cryptocurrency and more especially bitcoin. Actually this will give rise for expansion of bitcoin values and adoption within the geographical region... I applaud you for your station management initiative.
Am assuming you are the rightful owner of the station i would have love you to make a discount for those customers who pays bill with cryptocurrency.
Am assuming you are the rightful owner of the station i would have love you to make a discount for those customers who pays bill with cryptocurrency.
Initiating bitcoin payment is the first step to campaigning about bitcoin and a good boast to improving bitcoin adoption. We hope to see more adoption, next is to study closely the response to the bitcoin payment option using a good data analysis tool this could stand as a powerful research to preferring better ways of sensitizing more audience on bitcoin as an alternative payment option and how to go about owning bitcoin in the first place.
Also, they need to check how are the sales going on after the implementation of bitcoin payment ?
This is indeed a great initiative and hope other gas stations will follow the same and enter in the bitcoin adoption competition
LN would be the best integration on having fast and seamless transaction but if we do tend to look on which fees now aren't that high or simple cheap which I don't see for it to be an issue for people not to make use for such service or necessity.
The main issue I could see on why people won't bothering out their selves on spending their coins is that they do much prefer on using their fiat and save up their coins for long term profits.
The main issue I could see on why people won't bothering out their selves on spending their coins is that they do much prefer on using their fiat and save up their coins for long term profits.
Yes you are right, if there will be some store or some establishment that will offer a bitcoin payment for every transaction that you will make, I rather use fiat, we all know that these coins are volatile, maybe use usdt instead? or usdc the less likely coins to change the price everyday. I rather hold this bitcoin for investment and trading and use fiat for everyday use.
~snip~
LN would be the best integration on having fast and seamless transaction but if we do tend to look on which fees now aren't that high or simple cheap which I don't see for it to be an issue for people not to make use for such service or necessity.
^ This should be implemented when an establishment like this gas station will accept BTC because it needs fast transactions like 1-2 minutes. LN would be the best integration on having fast and seamless transaction but if we do tend to look on which fees now aren't that high or simple cheap which I don't see for it to be an issue for people not to make use for such service or necessity.
Unlike those coffee shops or restaurants that there is a reason for them to wait like an hour or more than 30 minutes because while waiting they will enjoy their food. Gas stations should be quick transactions and LN should be necessary to apply. However, I want to congratulate them and their country because they are open-minded now on BTC, I hope my country do the same in your country.
This is so looking beautiful, seeing this alone can trigger me to buy petrol when I don't really need it. Am excited getting to see how bitcoin is expending to do with business like this. Am very convinced me that in short time, all this won't be common to people again, it will be adopted as a tradition to many businesses.
Adoption will always take time. Sure, for now, you won't expect a lot to pay in bitcoin. But if later on, they see the advantage of paying it like for example they don't have cash but they have bitcoin, then, they will use it. The challenge here is the confirmation time. Some users won't have the patience to wait. The station may try accepting other top alts also like TRX or LTC which has cheaper fees and faster confirmation.
The main issue I could see on why people won't bothering out their selves on spending their coins is that they do much prefer on using their fiat and save up their coins for long term profits.
This is so looking beautiful, seeing this alone can trigger me to buy petrol when I don't really need it. Am excited getting to see how bitcoin is expending to do with business like this. Am very convinced me that in short time, all this won't be common to people again, it will be adopted as a tradition to many businesses.
Adoption will always take time. Sure, for now, you won't expect a lot to pay in bitcoin. But if later on, they see the advantage of paying it like for example they don't have cash but they have bitcoin, then, they will use it. The challenge here is the confirmation time. Some users won't have the patience to wait. The station may try accepting other top alts also like TRX or LTC which has cheaper fees and faster confirmation.
This is so looking beautiful, seeing this alone can trigger me to buy petrol when I don't really need it. Am excited getting to see how bitcoin is expending to do with business like this. Am very convinced me that in short time, all this won't be common to people again, it will be adopted as a tradition to many businesses.
Adoption will always take time. Sure, for now, you won't expect a lot to pay in bitcoin. But if later on, they see the advantage of paying it like for example they don't have cash but they have bitcoin, then, they will use it. The challenge here is the confirmation time. Some users won't have the patience to wait. The station may try accepting other top alts also like TRX or LTC which has cheaper fees and faster confirmation. But this initiative is already a great start to introduce crypto to consumers.
This is so looking beautiful, seeing this alone can trigger me to buy petrol when I don't really need it. Am excited getting to see how bitcoin is expending to do with business like this. Am very convinced me that in short time, all this won't be common to people again, it will be adopted as a tradition to many businesses.
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