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Topic: What about the idea of a bitcoin shop in big cities? - page 8. (Read 29063 times)

full member
Activity: 138
Merit: 100
It would be better if all establishments were accepting the bitcoins. We can use it for all transactions for buying goods and services. Bitcoin shop was also a great idea that accepts any fiat currency around the world and turns into bitcoin or vice versa.
If you have to accept bitcoin bank, it has to be understood that the user will lose some of the benefits bitcoin. This is a very serious blow to those who need to declare their income.
legendary
Activity: 1316
Merit: 1011
Bitcoin being accepted in many shops physically is not that impossible.And besides bitcoins are already accepted some of online shops there in the web.Bitcoin in future will surely take over currency on real market in many big or little countries if they really adopted bitcoins succesfully in their country and government
Yes, it'a not impossible that bitcoin would be used physically. Some country like Philippines can use bitcoin to pay bills, buy loads, gift cards, gaming stuffs through an app called coins.ph. It shows that bitcoin really has a future to be popular for all coutries and soon will be main made oy payment onlne replacing fiat money USD.
If the country where the bitcoin currency is not recognized, and the shops are already operating and selling products for cryptocurrency, how the store will report to the tax inspectorate on their income. This is not possible.
You are right, and then it is illegal money. We, call it black money. If you do not pay tax for your money then it is black money. Like that if you receive Bitcoin from the customer how can you pay tax to governament. And if the govt get to know that you are using illegal currency then you will face big problem from Govt.
hero member
Activity: 686
Merit: 510
It would be better if all establishments were accepting the bitcoins. We can use it for all transactions for buying goods and services. Bitcoin shop was also a great idea that accepts any fiat currency around the world and turns into bitcoin or vice versa.
member
Activity: 117
Merit: 100
I don't think it's necessary, bitcoin is about decentralization and we have multiple decentralized [and centralized ways like coinbase, bitstamp etc...] to obtain BTC. I don't see a need for a physical shop to do so as even ATM's would be more convenient for users. The only advantage would be if it offers BTC and USD exchange at a lower rate than ATM's.

if you mean shops accepting bitcoin, then yes definitely! everyone keeps waiting for that to happen!~
legendary
Activity: 1624
Merit: 2481
I kinda like the idea.
I'd love to buy a coffee for some bits.. and maybe a breakfast.
But i don't thinks this would attract enough people..
But as an additional Payment in Shops, this would be great.
full member
Activity: 121
Merit: 100
Bitcoin being accepted in many shops physically is not that impossible.And besides bitcoins are already accepted some of online shops there in the web.Bitcoin in future will surely take over currency on real market in many big or little countries if they really adopted bitcoins succesfully in their country and government
Yes, it'a not impossible that bitcoin would be used physically. Some country like Philippines can use bitcoin to pay bills, buy loads, gift cards, gaming stuffs through an app called coins.ph. It shows that bitcoin really has a future to be popular for all coutries and soon will be main made oy payment onlne replacing fiat money USD.
If the country where the bitcoin currency is not recognized, and the shops are already operating and selling products for cryptocurrency, how the store will report to the tax inspectorate on their income. This is not possible.
member
Activity: 118
Merit: 100
Bitcoin being accepted in many shops physically is not that impossible.And besides bitcoins are already accepted some of online shops there in the web.Bitcoin in future will surely take over currency on real market in many big or little countries if they really adopted bitcoins succesfully in their country and government
Some countries do not recognize bitcoin and there is even a criminal liability for trafficking cryptocurrency. Therefore, businessmen will not take the risk and try to sell products for bitcoin.
sr. member
Activity: 966
Merit: 274
Bitcoin being accepted in many shops physically is not that impossible.And besides bitcoins are already accepted some of online shops there in the web.Bitcoin in future will surely take over currency on real market in many big or little countries if they really adopted bitcoins succesfully in their country and government
Yes, it'a not impossible that bitcoin would be used physically. Some country like Philippines can use bitcoin to pay bills, buy loads, gift cards, gaming stuffs through an app called coins.ph. It shows that bitcoin really has a future to be popular for all coutries and soon will be main made oy payment onlne replacing fiat money USD.
hero member
Activity: 798
Merit: 505
Bitcoin being accepted in many shops physically is not that impossible.And besides bitcoins are already accepted some of online shops there in the web.Bitcoin in future will surely take over currency on real market in many big or little countries if they really adopted bitcoins succesfully in their country and government
hero member
Activity: 966
Merit: 515
One of the world's leading Bitcoin-powered casinos
Hey Guys,

what would be your opinion if there would been Bitcoin shops in big cities like London, Berlin or Paris (also smaller cities).
So you could go inside the shop and buy or sell Bitcoin for a good price.

I think it would be an good (and an advantage) idea because more people would use Bitcoin so the price would rise up and the people who are owning Bitcoins at the moment would have more money in Bitcoins. Wink

Best regards,

Patrick Smiley

Its good to know that someday bitcoin will be use in the big cities, ti will definitely the value of bitcoin increase rapidly. Of course even those people who are not aware in bitcoin will be curious about it, whether they like or not they will do anything to educate themselves of how to use bitcoin as well.
Yeah , you are right . The main thing  you said that more people  will comes to know about bitcoin and will take some advantage of bitcoin  and this will result in the increase of price more in bitcoin .
And idea of bitcoin in big shop and also in small shop is not a big things but Herr we need to do something in better way for the idea to implementation .
Because buying thing for bitcoin will show a option of confirmation of payment . Herr what will happen if the bitcoin network will no more able to give confirmation for the payments or you can say for transactions will not get confirm in small time.
Solving the problem for  such things is not a big problem but still need some big changes to adopt the bitcoin in our local shop .
hero member
Activity: 1022
Merit: 500
Hey Guys,

what would be your opinion if there would been Bitcoin shops in big cities like London, Berlin or Paris (also smaller cities).
So you could go inside the shop and buy or sell Bitcoin for a good price.

I think it would be an good (and an advantage) idea because more people would use Bitcoin so the price would rise up and the people who are owning Bitcoins at the moment would have more money in Bitcoins. Wink

Best regards,

Patrick Smiley

Its good to know that someday bitcoin will be use in the big cities, ti will definitely the value of bitcoin increase rapidly. Of course even those people who are not aware in bitcoin will be curious about it, whether they like or not they will do anything to educate themselves of how to use bitcoin as well.
hero member
Activity: 994
Merit: 544
I don't like that idea because bitcoin is a virtual money so it has to be created on the net and not in a shop. That is ridiculous from my point of view.

It is not a bad idea or impossible we can actually use bitcoin to buy in a shopping center or in a public market. As long as those merchants and businesses accepts bitcoin then it is possible to make some transactions. The thing is we must download bitcoin app wallets in our smartphones and when we purchase items in the shopping center or any shop we just need to scan the QR code of the shop and sent the specific amount of bitcoins to that address to pay for the goods you bought.
member
Activity: 64
Merit: 10
i will look at it as an big advantage in bitcoin network.Bitcoins be adopted by many people and shops are really good and will give a long term good effect on bitcoin network.This may lead to bitcoin being a legalize money in an country and even the world
hero member
Activity: 630
Merit: 500
Cryptocurrency Wallet - Denaro.io
Wow it’s a very nice idea of bitcoin in the future, because that would bring very popular reputation of digital currency world if that would happen having bitcoin shop in big cities like in New York, Italy or even Germany. Particular demand of bitcoin will rise and specially its price value, it would rather take a long way to reach around 2K USD if that happens, a history to be made ever of bitcoin.
legendary
Activity: 3108
Merit: 1115
Leading Crypto Sports Betting & Casino Platform
I don't like that idea because bitcoin is a virtual money so it has to be created on the net and not in a shop. That is ridiculous from my point of view.

Look, it cannot be created in a shop. I think what he means is the usage.  Be used in shops in big cities and actually it might work.  It is profitable if you could understand the flow of bitcoin. If the CEO of a certain shops can be open minded to this kind of transaction it might be a good success. He will just need to add up amother employee who can mange the bitcoin transactions and also would monitor the price to minimize the risk of lost.
hero member
Activity: 2870
Merit: 642
I don't like that idea because bitcoin is a virtual money so it has to be created on the net and not in a shop. That is ridiculous from my point of view.
At one point what's been said is right that it need to be used as a virtual money which needs to be got only from internet. But another important thing is that it needs to grow further for which all kind of users is required. So only through shops and other banking services only it can be popularized.

Somehow I disagree.
What is the problem in shops using it? He said shops in big cities so literally internet access is existing there.
This shops can do it because they also use internet.
Look at the credit cards, the usage of it have been successful and the banks didnt even do anything. Are they the one who provided those technology to which they will swipe the cards? No.
If a shop wants their sales up they will be the one who will make an effort to make it work.
hero member
Activity: 2492
Merit: 548
8ombard - Pick, Play, Prosper!
I don't like that idea because bitcoin is a virtual money so it has to be created on the net and not in a shop. That is ridiculous from my point of view.
At one point what's been said is right that it need to be used as a virtual money which needs to be got only from internet. But another important thing is that it needs to grow further for which all kind of users is required. So only through shops and other banking services only it can be popularized.
full member
Activity: 127
Merit: 100
I don't like that idea because bitcoin is a virtual money so it has to be created on the net and not in a shop. That is ridiculous from my point of view.

Right, though it still good that we can have lots of shops that we can spend our bitcoin with . But bitcoin in terms of payment and sending transactions were so far so good.
There are very few opportunities in most bitcoin users. Infrastructure for opportunities to spend a bitcoin fairly small and in order to improve the situation is needed most popular cryptocurrency.
full member
Activity: 128
Merit: 100
I don't like that idea because bitcoin is a virtual money so it has to be created on the net and not in a shop. That is ridiculous from my point of view.
but i think it more easy to use virtual currency in physical shops where you do not need to carry fiat currency just need your mobile with internet connection and you can use it for shopping, but only then if the shopkeeper is ready to accept bitcoin from you for shopping.
Can you imagine a situation where there is no internet or bad connection or even turn off the light, and it turns out that the whole system will fall and do not even get to buy bread or water. There must be an alternative anyway. Although the purchase of a bitcoin is a good idea.
hero member
Activity: 490
Merit: 500
I don't like that idea because bitcoin is a virtual money so it has to be created on the net and not in a shop. That is ridiculous from my point of view.
but i think it more easy to use virtual currency in physical shops where you do not need to carry fiat currency just need your mobile with internet connection and you can use it for shopping, but only then if the shopkeeper is ready to accept bitcoin from you for shopping.
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