Topic: When will more retailers accept Bitcoin - page 2. (Read 17249 times)
This will soon be accepted. Because I think a company wants to preserve their information, they will apply blockchain technology. And when they apply this cutting edge technology I believe they will accept bitcoin.
Retailers are not dumb if a lot of their clients began asking them about accepting bitcoin they will do it in a heartbeat but since the user base of bitcoin is small and it is dispersed there is not much incentive to accept bitcoin payments at this moment, but that will change in the next years.
I agreed with your view, even in my country, if ask how many people know about bitcoin and cryptocurrencies, everyone will say more than 50%, but then another question how many people using bitcoins or would like to spend them instead of "holding", and I think answer in more than obvious - less than 1%.
So, I don't see any sense right now for retailers to accept bitcoin.
when the situation in the country has made it possible to give license the bitcoin. because the seller will of course sell a variety of products that are also official in the country. so payment must also be with an official payment. when a country has licensed bitcoin, retailers using bitcoin will become a reality.
In my opinion, more will retailers will accept bitcoin if its price is stabilized or the rate of change in its price is not that high. Plus , if only blockchains can improved the time it will take to confirm a single transaction. Because for now, I see that blockchain technology is having a problem with this matter, it takes hours for them to confirm a single transaction when it is in the middle of their day-to-day operations.
For me, if the majority of the people knew about bitcoin and had a proper knowledge of how to use it. If the government allow bitcoin to spread/teach the proper use in their country and help establishment to improve their technology. But first, let the people knew how it works because even establishment are accepting bitcoin as their payment,if people are afraid to deal with it, they still use paper money as a mode of payment.
In future it is expected that governments will accept bitcoin as legal currency, even those countries who have already consider bitcoin as illegal they will also turn bitcoin as legal, because bitcoin will be the future currency and its importance will continue increasing, people will use bitcoin for everything they want. Because it is more easy to use bitcoin and the most important is that it a universal currency. and is decentralized.
For me, if the majority of the people knew about bitcoin and had a proper knowledge of how to use it. If the government allow bitcoin to spread/teach the proper use in their country and help establishment to improve their technology. But first, let the people knew how it works because even establishment are accepting bitcoin as their payment,if people are afraid to deal with it, they still use paper money as a mode of payment.
"Japan: No Bitcoin Tax, Thousands of Stores to Accept the Cryptocurrency"
article published July, 5, 2017
https://edgylabs.com/2017/07/05/japan-no-bitcoin-tax-stores-accept-cryptocurrency/
"AirRegi is a widely used, tablet-based point-of-sale app in Japan. Currently, around 260,000 establishments, stores, and commercial facilities use this proprietary app to accept payments from their clients."
It makes sense that a transition to accept bitcoin would be underway for more US-based stores.
article published July, 5, 2017
https://edgylabs.com/2017/07/05/japan-no-bitcoin-tax-stores-accept-cryptocurrency/
"AirRegi is a widely used, tablet-based point-of-sale app in Japan. Currently, around 260,000 establishments, stores, and commercial facilities use this proprietary app to accept payments from their clients."
It makes sense that a transition to accept bitcoin would be underway for more US-based stores.
This is applicable for limited well known country, first the availability of internet facilities and progressive area is number one availed this type of activities like accepting bitcoin in any different stores but for some other country like here in the Philippines
is not already on the floor it is still in rumor and speculation for some other people. People here in the Philippines are limited to use for almost college student but the rest is no knowledge about this.
What we need most now is massive education about bitcoins and its several benefits as compared to fiat. Here in canada some kfc outlets and personal retailers have started accepting btc because they are well informed and they fully understand the impact.
Yes, I read about the fact that Canada is introducing innovative technologies in all spheres of human life before other countries and just as easily adopted the technology of blockchain and cryptocurrency. In order for cryptocurrencies to enter our lives, we need a greater dissemination of information that will familiarize people with the cryptocurrencies and the technology on which they are based.
It might take a little while longer but they will all come to accept bitcoin in time but bitcoin devlopers need to figure out the issues with transactions times and fees when transaction volumes increase to make it faster.
Amazing, in Japan, many retailers are receiving Bitcoin payments.
In Japan, the use of transactions with Bitcoin has been facilitated.
This greatly facilitates the user in performing daily transactions.
I want to someday all countries in this world can allow the use of Bitcoin so that money between countries can be more effective and one type does not require exchanges if you want to shop in different countries.
In Japan, the use of transactions with Bitcoin has been facilitated.
This greatly facilitates the user in performing daily transactions.
I want to someday all countries in this world can allow the use of Bitcoin so that money between countries can be more effective and one type does not require exchanges if you want to shop in different countries.
What we need most now is massive education about bitcoins and its several benefits as compared to fiat. Here in canada some kfc outlets and personal retailers have started accepting btc because they are well informed and they fully understand the impact.
Yes, I read about the fact that Canada is introducing innovative technologies in all spheres of human life before other countries and just as easily adopted the technology of blockchain and cryptocurrency. In order for cryptocurrencies to enter our lives, we need a greater dissemination of information that will familiarize people with the cryptocurrencies and the technology on which they are based.
Satoshi Nakamoto is a japanese, therefore they have to patronize their own. And Japan have seen the potential of this invention. That is why the government is really there to back up bitcoin for its progress.
I hope that more and more countries will follow japanese's lead, giving Bitcoin its earned relevance in the whole society system
What we need most now is massive education about bitcoins and its several benefits as compared to fiat. Here in canada some kfc outlets and personal retailers have started accepting btc because they are well informed and they fully understand the impact.
Yes, I read about the fact that Canada is introducing innovative technologies in all spheres of human life before other countries and just as easily adopted the technology of blockchain and cryptocurrency. In order for cryptocurrencies to enter our lives, we need a greater dissemination of information that will familiarize people with the cryptocurrencies and the technology on which they are based.What we need most now is massive education about bitcoins and its several benefits as compared to fiat. Here in canada some kfc outlets and personal retailers have started accepting btc because they are well informed and they fully understand the impact.
Yes, I read about the fact that Canada is introducing innovative technologies in all spheres of human life before other countries and just as easily adopted the technology of blockchain and cryptocurrency. In order for cryptocurrencies to enter our lives, we need a greater dissemination of information that will familiarize people with the cryptocurrencies and the technology on which they are based.
I think our retailers are accepting bitcoin now here in our country because of some company made a app that can use bitcoin in any transaction and also some people said in their social media that they also pay their bills using bitcoin. That's why I'm sure that maybe this year more people will make their own business that accept bitcoins in their own business.
Retailers are hard to accepted Bitcoin because usually only the big supplier accepted Bitcoin, like amazon. Retailer is smaller and i don't think they will accept Bitcoin in the nearly future. At least 5 years more , when people are using bitcoin more popular, i think that's the moment.
The bitcoin development will continue to increase and perhaps many stores or other means provide transaction services with bitcoin. And may need time to socialize bitcoin to everyone so they know bitcoin and involved
I guess that whenever retailers understand that there is a huge potential in accepting bitcoin and whenever they do understand that it can bring a fortune, than they would accept it.
but the problem is my country there is no bitcoin legalization from government, so the retailler cant accept bitcoin, because there is a ban on use of btc for transactions in my country 
Shopkeepers will be willing to accept bitcoin only when the price will be stable and the legislation clear.
Until then, only a few pioneers will use it.
What you say also means that this will never happen because the price of bitcoin became stable was an impossible when investors always release false rumors, it causes the market to fluctuate and affect the value of the bitcoin then they will make a lot of profit. In addition, the government is still very difficult in the matter between accepting and not accepting Bitcoin, it has different effects on the economy, they can not control bitcoin, that makes them still stand in neutral, so although the stores are ready with bitcoin but they are still afraid of government when the government has no clear move Until then, only a few pioneers will use it.
Some countries accept their payments through Bitcoin because they are smart if Bitcoin can be very profitable for the business they are living. And of course, many people are interested to shop at the store because it would be more convenient, and certainly safe.
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