Topic: The shops that accept Bitcoin - page 3. (Read 1852 times)
At least in my country, Mexico, I can't easily find reliable stores to exchange my coins, but in any case most of the available options are only willing to accept bitcoin, but not to accept fiat and return coins in exchange.
I noticed that the shops that accept Bitcoin are mainly in europe and north america, why bitcoin can not go out and conquer other continents? the stability of the country plays a role in all this? how?
Also demand is a must.
But you know here in my country, I doubt there are lots of demands for our local wallet exchange to give services here but they take the risk. Now our local wallet exchange really established a good name in bitcoin industry also somehow it helps us gained number of users here to be engaged in bitcoin world.
One reason why it hasn't reached other countries' real world merchants is because there isn't much of a popularity and
demand just yet.
Like here in our country, the number of people that uses bitcoin is roughly 1/100 (that's a bad estimate, I know) however, there are third party payment centers that accept bitcoins to pay our bills and stuff.
demand just yet.
Like here in our country, the number of people that uses bitcoin is roughly 1/100 (that's a bad estimate, I know) however, there are third party payment centers that accept bitcoins to pay our bills and stuff.
^^^ Franky1, Anti-Bitcoin par excellence speaks out of his asshole once again
No, Franky, First-Seen rules protects against someone using RBF to steal 0-confs away, you've been told 1000's of times and yet you still repeat-repeat-repeat-repeat this BS propaganda
That won't always be true even today, zero-fee transactions still get processed. To be fair, this is the only piece of advice that has a semblance of truth (and I think we all know Franky relies on making his BS more palatable by mixing it in with some obvious facts)
And here Franky reveals exactly the kind of boot-licking corporate shill he really is: one of the fundamentals of Bitcoin is to transact fungible money without censorship, and here's Franky, telling us to censor transactions (the irony shouldn't be lost on anyone who knows Franky for what he is: he goes on and on and on about non-existent censorship on this forum to disparage genuine supporters of Bitcoin)
Quote
RBF
No, Franky, First-Seen rules protects against someone using RBF to steal 0-confs away, you've been told 1000's of times and yet you still repeat-repeat-repeat-repeat this BS propaganda
Quote
check the transaction has a fee
That won't always be true even today, zero-fee transactions still get processed. To be fair, this is the only piece of advice that has a semblance of truth (and I think we all know Franky relies on making his BS more palatable by mixing it in with some obvious facts)
Quote
check the taint of the inputs
And here Franky reveals exactly the kind of boot-licking corporate shill he really is: one of the fundamentals of Bitcoin is to transact fungible money without censorship, and here's Franky, telling us to censor transactions (the irony shouldn't be lost on anyone who knows Franky for what he is: he goes on and on and on about non-existent censorship on this forum to disparage genuine supporters of Bitcoin)
A zero-confirmation TX is acceptable for small purchases.
^ risky advice but here is some to reduce riskit only takes less than one second with the right tools to:
check the transaction is not RBF
check the transaction has a fee(if there is no/low fee then there is a higher chance someone will re-use the funds with a fee to spend elsewhere before first tx confirms)
check the taint of the inputs for signs of previous abuse.
this would help reduce the chances of someone trying to double spend.
some payment services have these taint analysis and transaction checking algo's added to their code to help mitigate the risks of accepting zero confirms
But how is the payment. The merchant gives you his Bitcoin address or it is with QR Codes?
Again, you're asking questions that do not have a general answer. Obviously, the preferred method is using QR codes. Here's an example video. I'll try to watch the video to get an idea about this.
But how is the payment. The merchant gives you his Bitcoin address or it is with QR Codes?
Again, you're asking questions that do not have a general answer. Obviously, the preferred method is using QR codes. Here's an example video. It isn't just a problem with specific countries (even though some have much more adoption than others). Local merchant adoption is lacking pretty much everywhere. Even though you can buy almost anything that you desire with Bitcoin (online), you can't do that locally (in most places).
But how is the payment.to be honest there are some bitcoin shops in european countries such as germany or france as i have been there and i was able to use bitcoins in some places though only in few
It isn't also easy to find them. The only source that I know would be coinmap. How are things in stores? When you pay, you wait at least a confirmation to exit?
It comes down to the merchant and the way that they're accepting Bitcoin. A zero-confirmation TX is acceptable for small purchases. The merchant gives you his Bitcoin address or it is with QR Codes?
It isn't just a problem with specific countries (even though some have much more adoption than others). Local merchant adoption is lacking pretty much everywhere. Even though you can buy almost anything that you desire with Bitcoin (online), you can't do that locally (in most places).
to be honest there are some bitcoin shops in european countries such as germany or france as i have been there and i was able to use bitcoins in some places though only in few
It isn't also easy to find them. The only source that I know would be coinmap. How are things in stores? When you pay, you wait at least a confirmation to exit?
It comes down to the merchant and the way that they're accepting Bitcoin. A zero-confirmation TX is acceptable for small purchases. I noticed that the shops that accept Bitcoin are mainly in europe and north america, why bitcoin can not go out and conquer other continents? the stability of the country plays a role in all this? how?
to be honest there are some bitcoin shops in european countries such as germany or france as i have been there and i was able to use bitcoins in some places though only in fewthere are a few bitcoin shops at the moment online that accept only bitcoins and nothing else though there are only a very small amount, with adoption there should be way more
When you pay, you wait at least a confirmation to exit?
I noticed that the shops that accept Bitcoin are mainly in europe and north america, why bitcoin can not go out and conquer other continents? the stability of the country plays a role in all this? how?
to be honest there are some bitcoin shops in european countries such as germany or france as i have been there and i was able to use bitcoins in some places though only in fewthere are a few bitcoin shops at the moment online that accept only bitcoins and nothing else though there are only a very small amount, with adoption there should be way more
I noticed that the shops that accept Bitcoin are mainly in europe and north america, why bitcoin can not go out and conquer other continents? the stability of the country plays a role in all this? how?
there are some factors in my opinion that play a role in adoption of bitcoin in different countries.
one of them which is also important is the regulations, the fact that some countries don't look at bitcoin kindly
the other one is the difference between the development of the country.
bitcoin is more known and accepted in developed countries rather than developing countries.
Bitcoin is slowly but surely getting into other countries, like countries on South America. You can check that on the marketplace section here, as an example.
And yes, stability takes part. Less stable countries tend to search for alternative currencies...
But I also noticed that the Bitcoin is primarily in capitals or large cities.And yes, stability takes part. Less stable countries tend to search for alternative currencies...
So, the cryptocurrencies are known in countries that have less stability as in Africa or in Asia?
Bitcoin is slowly but surely getting into other countries, like countries on South America. You can check that on the marketplace section here, as an example.
And yes, stability takes part. Less stable countries tend to search for alternative currencies...
And yes, stability takes part. Less stable countries tend to search for alternative currencies...
I noticed that the shops that accept Bitcoin are mainly in europe and north america, why bitcoin can not go out and conquer other continents? the stability of the country plays a role in all this? how?
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