Topic: When will more retailers accept Bitcoin - page 34. (Read 17249 times)
More BTC sites are popping up everyday. It won't be long now till it become a universal norm.
I think bitcoin will become more acceptable if it is being publish by the trusted site and channel from the televesion and it is already known by everyone including the benefits and its advantages .i think this time many people will use it and accept it in diff.kinds of payment.
It is not as easy as creating an ad and think that is going to be enough, this takes time especially since we are talking about something completely new that people have never heard before, a new type of currency that they cannot touch, while you may think that the same is true for paypal that is not entirely correct since we can touch our dollar bills.You can't touch fiat money already in paypal though. I just hope people learn bitcoins easier and get informed on how it really works and what I can do for them. Bitcoins is totally something new, which is why people tend to be skeptical about it. But when they realize its potential and possible use cases then for sure it would be adopted fairly quick. What we need is actually educate the public.
I think that this will happen soon, because taking bitcoins by sellers will lead to higher prices for goods because of high fees. For small purchases, this decision will be very unprofitable.
I'm guessing you do not own a business. I only use bitcoin and it has led to lower prices. I expect to pay 1-3% less if I use bitcoin. The businesses I work with have seen huge profits because of bitcoin. The fees on credit card transactions are high compared to bitcoin fees not the other way round. Not to mention the many rules about who you can deal with, what you can buy, where you can shop, the ever-changing contract terms, the penalties, gotcha-fees, the risk to your identity, the 2-180 day wait for clearing the transaction... You get the idea.
"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.
Bitcoin will be accepted by more retailers if it will be legal to a certain country and generally speaking, to most countries. Retailers on a certian country will ofcourse, allow people to use Bitcoin as a mode of payment if it is legal. And also, retailers may also acvept Bitcoin due to public demand. They'll follow what's being asked by the customers because they want to earn.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.
What you said is 100% correct here in my country i had talk with some of my trader friends who know about bitcoin but they are saying that till we dont get any correct taxable and legal status we cannot start accepting Bitcoin if tomorrow it get illegal status then all traders will come under illegal activity problem.
So it is very compulsory that Bitcoin get legal status then only it can flourish
I think that this will happen soon, because taking bitcoins by sellers will lead to higher prices for goods because of high fees. For small purchases, this decision will be very unprofitable.
"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.
I think when the cryptocurrencies are accepted to our society or like a big companies will start to accept and to adopt to the digital currency the other small retailers will start to accept it too. Besides bitcoins and digital currency itself are not yet introduced to the mainstream that much especially in other countries except america. They have already introduced bitcoins in the people and on how to use it. But aside from that no establishment yet are telling the people to use virtual currency now than sticking into a paper cash. 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.
Retailers will only start accepting it as a means of payment once government institutions start allowing it to be a medium of exchange. When a country notifies its citizens and tells them that they can now buy, sell, receive money in bitcoin then it would be accepted by others.
The funny thing in that statement is not even most of the countries in the world has classified Bitcoin as an illegal kind of currency. Yes it has a bad reputation and all but it didn't stop it from growing. Look at Bitcoin ATMs it exist even inside the malls in America. Also some countries just issue the warning about how many bad people are attracted to these kinds of assets in which they want us to be extra cautious in finding out if it is a scam or not. On a retailer's perspective I think that if not even 2 out of my 10 customers going to the store are asking if we accept Bitcoin I won't change my system. 
Retailers will only start accepting it as a means of payment once government institutions start allowing it to be a medium of exchange. When a country notifies its citizens and tells them that they can now buy, sell, receive money in bitcoin then it would be accepted by others.
"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.
Bitcoin will be accepted by more retailers if it will be legal to a certain country and generally speaking, to most countries. Retailers on a certian country will ofcourse, allow people to use Bitcoin as a mode of payment if it is legal. And also, retailers may also acvept Bitcoin due to public demand. They'll follow what's being asked by the customers because they want to earn.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.
When we demand it rather than constantly asking each other. If everyone in this thread wrote to Amazon it might happen today.
we do not need more retailers to accept bitcoin when the number of bitcoin users is still very small. What we need is that more and more people will get into bitcoin and use it as an investment first. Then, retailers can open a store which accepts bitcoi to attract them.
Bitcoin is becoming more acceptable now and many android application are now accepting bitcoin. Online store aremember holding on in accepting bitcoin as a mode of payment for goods and services because of many bitcoin promoters are projecting bitcoin as stock and store of value kind of assets. I do believe that when bitcoin go mainstream we would see it being accepted by most of the USA online and offline stores.
I think bitcoin will become more acceptable if it is being publish by the trusted site and channel from the televesion and it is already known by everyone including the benefits and its advantages .i think this time many people will use it and accept it in diff.kinds of payment.
It is not as easy as creating an ad and think that is going to be enough, this takes time especially since we are talking about something completely new that people have never heard before, a new type of currency that they cannot touch, while you may think that the same is true for paypal that is not entirely correct since we can touch our dollar bills.You can't touch fiat money already in paypal though. I just hope people learn bitcoins easier and get informed on how it really works and what I can do for them. Bitcoins is totally something new, which is why people tend to be skeptical about it. But when they realize its potential and possible use cases then for sure it would be adopted fairly quick. What we need is actually educate the public.
I think bitcoin will become more acceptable if it is being publish by the trusted site and channel from the televesion and it is already known by everyone including the benefits and its advantages .i think this time many people will use it and accept it in diff.kinds of payment.
It is not as easy as creating an ad and think that is going to be enough, this takes time especially since we are talking about something completely new that people have never heard before, a new type of currency that they cannot touch, while you may think that the same is true for paypal that is not entirely correct since we can touch our dollar bills.
It is possible for developed countries to know their average citizen is already familiar with bitcoin, so they easily receive payments with bitcoin.sedangkan countries, for example in my country people who know bitcoin maybe only about say 20%, and for bitcoin transactions may be only in the city While in the small town town bitcoin does not apply at all as a means of exchange of money.
Bitcoin would be accepted by more retailers when
1.It gets legalized by the government so that retailers would get confidence about bitcoins that it would not be banned.Recently,we saw in japan,more than 260,000 retail shops have started accepting bitcoin.
2.Quick transactions which has been recently ensured by activation of segwit.
3.Price volatility since its price increases and decreases with huge difference within a day itself.
In india also,within six months,bitcoin is going to be legalized.So,lakhs of retailers could be expected in india too to accept bitcoin payments.
1.It gets legalized by the government so that retailers would get confidence about bitcoins that it would not be banned.Recently,we saw in japan,more than 260,000 retail shops have started accepting bitcoin.
2.Quick transactions which has been recently ensured by activation of segwit.
3.Price volatility since its price increases and decreases with huge difference within a day itself.
In india also,within six months,bitcoin is going to be legalized.So,lakhs of retailers could be expected in india too to accept bitcoin payments.
Bitcoin will take closer to the 20th year, not earlier. This is purely my opinion, of course it can happen
Since bitcoin is not yet known by everybody so the number of people who has and earning bitcoin is still less than people who has cash. Well I think there will be more retailer that will accept bitcoin if they knew on how to deal with bitcoin and if almost all people use bitcoin instead of cash. If the retailers think they will also gain profit if they use bitcoin as exchange to their products or whatever they offer so maybe more retailers accepts bitcoin.
Maybe instead of asking each other every day we should start demanding to pay with bitcoin? I took this on last night and guess what? My haircut lady will do my next cut for bitcoin! Sometimes all you have to do is ask. When I did she told me I was the third person to do so.
LOL! A haircutting lady is accepting bitcoin we must say bitcoin has become very popular it’s really impressive not only has this but I thought bitcoin will be accepted by a lot of the business man when it is easier and cheaper to use than the fiat money and it depends on the market demand of the bitcoin and I could see the demand of the bitcoin is increasing every day and I am sure bitcoin they going to accept bitcoin everywhere and for everything. I wish I could spend my bitcoins locally or even in my country at all (easily). Although it has helped me hang onto them and earn quite a bit over the years.
Since bitcoin is a currency which is increasing its value day by day and also becoming much valuer than the dollar so maybe in the next few years to come most of the retailers would start payment in bitcoins and also accepting in bitcoins
Jump to: