When will more retailers accept Bitcoin - page 7.

posoa

member

Activity: 154

Merit: 10

Quote from: snekinmyleg on December 31, 2017, 06:13:23 AM

Quote from: IdVerification on July 14, 2017, 09:57:35 PM

"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.

For Bitcoin to be accepted by retailers I think we should convince them to accept Bitcoin, if there are any similarities then we should convince the government to accept Bitcoin and use it more popularly, Retailers may be afraid that Bitcoin is illegal and not used

It is true that the more people accept Bitcoin many retailers will accept bitcoin as well , because there will be great demand for it. When many all over the world accept bitcoin, the emergence of retailers will be sporadic and it will even be surprising how it will be, as retailers will be so many because people have come to embrace and accepted bitcoin for many purpose and uses.

blueteam09

full member

Activity: 664

Merit: 100

📱 CARTESI 📱 INFRASTRUCTURE FOR SCA

Quote from: IdVerification on July 14, 2017, 09:57:35 PM

"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.

Do you always think that bitcoin must be accepted as a form of payment in the world like paper money? Do you think if bitcoin is accepted then the cost per transaction can be higher than the amount you pay for the item you buy?

senyorito123

hero member

Activity: 1764

Merit: 505

#SWGT PRE-SALE IS LIVE

Quote from: dulce dd121990 on January 01, 2018, 12:07:49 AM

Quote from: cpfreeplz on July 14, 2017, 10:02:07 PM

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.

Yes me too. I was dreaming of spending my bitcoins at any store in my country and even used for my transportation ticket or plane ticket to travel around the world.

Well soon if many investors adopting bitcoin and making a bussiness with bitcoin and make bitcoin as the payment it is very easy and fast transaction without any hassle,it is very good to all bitcoiners that we can use bitcoin as a payment in the store or any establesment,because rather than to convert bitcoin into fiat money we can also save the fees to converting it and less hassle.

Weaklies

jr. member

Activity: 54

Merit: 10

Yes, very soon, Bitcoin will start a tough retalers business. In our country, there is a little more beard than the administrative side against Bitcoin because of which everyone is trying to stay a bit safer. Moreover, Bitcoin prices are a little lower. When Bitcoin prices are little the same, retailer business will start buying Bitcoin. They are now afraid that buying Bitcoin again does not hurt. They do not want to take risks.

Bohxz M4p4gm4h4l25

full member

Activity: 339

Merit: 120

Quote from: cpfreeplz on July 14, 2017, 10:02:07 PM

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.

Yes , me too , but since my vontry is part of the third world country, the exchanging the dollars were a lot bigger in our country, so using Bitcoin for local transaction is kinda loss to me, so I should always conver it to our local money to get a better amount and preserve some of my earnings as well.

juliamichaels18

newbie

Activity: 39

Merit: 0

Quote from: IdVerification on July 14, 2017, 09:57:35 PM

"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.

its good news and it will become more superior if pundi X success. they are a project that trying make trasaction with cryptocurrency easier. if retailers and all store using it it would be big hit for bitcoin and other cryptocurrency.

jaocoincrypto18

full member

Activity: 630

Merit: 103

Quote from: IdVerification on July 14, 2017, 09:57:35 PM

"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 need more time to be more popular in the US, my friends and relatives who have leaving in the US for how many years and some are long time working in there are still don't know what is digital currencies is. If the bitcoin will be a 100% known in that country it will be possible that all retailers will start doing business thru bitcoin therefore you should wait, see and keep the faith especially that bitcoin is not illegal in your country.

thebanker28

sr. member

Activity: 303

Merit: 250

I think when there is clarity + ease of use + everybody else doing it will be when many more retailers will accept bitcoin and other alt currencies as payment. A bit like the internet - nobody and then everybody.

dulce dd121990

full member

Activity: 294

Merit: 100

Quote from: cpfreeplz on July 14, 2017, 10:02:07 PM

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.

Yes me too. I was dreaming of spending my bitcoins at any store in my country and even used for my transportation ticket or plane ticket to travel around the world.

AbyssLagiaz

jr. member

Activity: 185

Merit: 3

More and more retailers will allow the buying of their merchandises using Bitcoin when Bitcoin becomes more popular in the internet and in the whole world. It will spread its popularity through company by company. Soon even small businesses will also follow now the use of Bitcoin, however the catch is government might attempt to do something about it like taxes because there certain agencies such as here in the Philippines where BIR keeps track of the income of the companies and puts taxes into it as we all know as "Income Tax".

BeGoods

legendary

Activity: 1372

Merit: 1008

Quote from: emma46 on December 31, 2017, 10:31:38 PM

Quote from: IdVerification on July 14, 2017, 09:57:35 PM

"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.

Soon I bet. I have read somewhere in the forum that Amazon is already considering bitcoin as payment for the products and services that they offer. In addition, more and more online shops and payment centers already accept the online payment by convertion from bitcoin. Therefore, it is quite sure that they'll accept it soon.

I've heard this news from a few years ago. that amazon received giftcard payments using bitcoin I do not know this is right or wrong because I myself have never tried it and I rarely use bitcoin to shop. bitcoin deployment is sure. more and more people are familiar with bitcoin and when retailers start hearing bitcoin and seeing enthusiasm of the society will be bitcoin. certainly many retailers will start to adopt and accept bitcoin as payment option. just be patient dude

emma46

member

Activity: 102

Merit: 10

Quote from: IdVerification on July 14, 2017, 09:57:35 PM

"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.

Soon I bet. I have read somewhere in the forum that Amazon is already considering bitcoin as payment for the products and services that they offer. In addition, more and more online shops and payment centers already accept the online payment by convertion from bitcoin. Therefore, it is quite sure that they'll accept it soon.

BigTeeths

full member

Activity: 504

Merit: 100

It's sad to say but the volatility of btc is going to be a major hindrance to be accepted and not just that, the fees will also kill it's consumer. If only some devs fix it right away then what you want can happen right now.

Omega Weapon

hero member

Activity: 1092

Merit: 501

Quote from: cryptosy on December 19, 2017, 09:40:05 AM

The key drivers for mass adoption of Bitcoin amongst commercial subjects are two - lower volatility of Bitcoin and friendlier legal and compliance standards. We are still far from such an adoption, I would say that Bitcoin nowadays is rather asset to speculate on than currency to pay with

Those two points are important I'm not going to deny that, but the biggest issue of bitcoin right now are the fees, we cannot use bitcoin as a currency when the fees are so high unless you are transferring a good amount of money the best thing you can do is to reduce your bitcoin transactions to the minimum, or to move your funds to a segwit addresses, when that changes we will see a major adoption of bitcoin by retailers.

panganib999

hero member

Activity: 1750

Merit: 589

Quote from: jc89 on July 15, 2017, 02:24:35 AM

I think more retailers will accept bitcoin if its value will be more stabilized. Especially now that the value is deflating every day. So maybe more retailers are still waiting on what will happen after the hard fork. Retailers are businessmen who are not ready to risk when it comes to transacting with bitcoins. They will need more time to be convinced to accept btc. It's good to invest in bitcoin if you are investing for long term but retailers need cash to run their business.

Stabilization of bitcoin price is quite impossible to happen because bitcoin is decentralized and has a volatile price. And in the first place these is some of the characteristic people want in using bitcoin on transactions, investments and in trading. So the main thing we need to do is to continue our support bitcoin for it to experience development and more growth in the future.

poldanmig

sr. member

Activity: 1372

Merit: 275

Quote from: snekinmyleg on December 31, 2017, 06:13:23 AM

Quote from: IdVerification on July 14, 2017, 09:57:35 PM

"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.

For Bitcoin to be accepted by retailers I think we should convince them to accept Bitcoin, if there are any similarities then we should convince the government to accept Bitcoin and use it more popularly, Retailers may be afraid that Bitcoin is illegal and not used

how to let us awaken the government to accept bitcoin, if I know to make the government aware of the bitcoin is quite difficult. because every government has a different idea with us so it is very difficult.

selen

newbie

Activity: 70

Merit: 0

retailers can probably adopt btc for some goods, but i cant thing of full scale acceptance by big retailers. with such volatility working capital management will be a disaster i think

snekinmyleg

newbie

Activity: 95

Merit: 0

Quote from: IdVerification on July 14, 2017, 09:57:35 PM

"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.

For Bitcoin to be accepted by retailers I think we should convince them to accept Bitcoin, if there are any similarities then we should convince the government to accept Bitcoin and use it more popularly, Retailers may be afraid that Bitcoin is illegal and not used

Bobthethird

newbie

Activity: 27

Merit: 0

In my opinion the main problems are
a) that the fees are very high at the moment. Paying for a coke does not make sense at the moment
b) the volatility of bitcoin. During the course of a day the amount of bitcoin needed for a coke can vary by 30% easily. This make it hard to calculate for sellers.
c) transaction times are quite high

Charisse1229

full member

Activity: 196

Merit: 100

Quote from: rjbtc2017 on August 23, 2017, 11:02:13 PM

I don't really see this will happen but if the price of bitcoin will be more stable i can see that more retailers accept Bitcoin will happen. But as of now, i don't think casual people, whose not techy one , maybe will not consider this as a fancy thing, or maybe if bitcoin will be a trend a mainstream trend, for sure many people will bandwagon/fanatic of bitcoin, in that time i think more retailers will accept bitcoin.

I think, legalization is the main obstacle in way of practicing bitcoins in daily life. Retailers do fear accepting payments because of illegal nature of bitcoins. And bitcoin can serve as a good method of receiving and sending payment from their reciever and sender.

Topic: When will more retailers accept Bitcoin - page 7. (Read 17233 times)