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Topic: When will more retailers accept Bitcoin - page 8. (Read 17249 times)

jr. member
Activity: 70
Merit: 2
December 31, 2017, 04:47:35 AM
I think it's a good thing that some retailers are not yet open to transacting in BTC as it might make the congestion worse at this time.
newbie
Activity: 56
Merit: 0
December 31, 2017, 04:45:04 AM
I think more retailers will accept bitcoin as so as many people would start using bitcoin. If bitcoin would become popular, retailers would have no choice but to adapt and accept bitcoin.
newbie
Activity: 76
Merit: 0
December 31, 2017, 04:19:43 AM
Some see Bitcoin as high risk, but I only see more congestion in the network and higher fees. Not really an advantage to both parties in my opinion.
member
Activity: 188
Merit: 10
DATABLOCKCHAIN.IO SALE IS LIVE | MVP @ DBC.IO
December 31, 2017, 04:18:33 AM
thanks to Japan the world may see the potential of bitcoin. I think bitcoin will be widely accepted in the future.
member
Activity: 110
Merit: 10
December 31, 2017, 12:40:47 AM
i think more and more retailer accept bitcoin sooner or later because it is becoming the popular currency.
full member
Activity: 406
Merit: 117
December 30, 2017, 09:20:07 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.


If that county legalizes the bitcoin, this will start to grow the population of the bitcoin. We can say that if their are more bitcoin user their will also many retailers will accept bitcoin. I think if that happened the government could add taxes on the bitcoin. Maybe in the future, everyone will be using the bitcoin.
full member
Activity: 350
Merit: 109
December 30, 2017, 11:06:39 AM
That sound good that Japan accepts the cryptocurrency to the different store or retailer. I am sure that some country will also like Japan did in the cryptocurrency. When that happens all the user of the bitcoin, convenient to purchase a product whether it an online shop or ordinary transaction. I wish that our country will also accept bitcoin.
hero member
Activity: 1092
Merit: 501
December 29, 2017, 03:10:45 PM
There are many country are adoption Bitcoin as a digital currency in their market.And some countries will focus on it and anytime they will be reached a positive decision about legalize Bitcoin.After adopting more countries, Then more retailers will accept Bitcoin.
with many countries starting to accept Bitcoins, they will start enforcing its use if they their benefit in this regard. For example, if a country decides heavily in Bitcoins and invest large amounts in it, then they will force the local market and retailers to transact through Bitcoins. They may offer discounts to retailers by persuading them to use Bitcoins. In this way, Bitcoin can spread like an air.
I think there is no legal news for this bitcoin adoption in any country. and I saw news like in some countries state governament is putting the tax to those who are using bitcoins. When governament will start to earn revenue from this bitcoin transaction that time it will allow retailers to accept bitcoin.
The problem comes when these low businessmen don’t know about bitcoins. If you just make a survey of these normal people who don’t know any technical field and are just casual retailers, they even didn’t hear the name of bitcoins. This is main reason for these people not accepting bitcoins and when bitcoins will totally spread over the world, then results will be much prominent.
I think the reason is because people don’t believe that Bitcoin can serve as a good method of receiving payment from their customers. They are used to making use of only cash in their retail stores, retails stores that a little more advanced would add up other forms of online banking systems to speed things, but as for Bitcoin, they won’t ever think of stepping a foot into it.
Bitcoin has been introduced only a few years ago so it will take a lot of time for bitcoin to make a better reputation. Moreover, still there are not so many people who know about bitcoin. I am very much confident that in the near future, when more number of people will get to know about bitcoin then things will change in much obvious way. Things will be in favor of bitcoin in the days to come.
full member
Activity: 336
Merit: 100
December 29, 2017, 02:26:47 AM
If the transaction fees keep being as high as they are right now, they are never going to accept bitcoin just because of that. Maybe if the ln gets implemented smoothly in here, a lot of retailers, eshops, and physical shops are going to start accepting bitcoin
full member
Activity: 168
Merit: 100
December 28, 2017, 11:48:53 PM
that depends on the regions that we will discussed for its matter. when in region X, bitcoin already recognized and proofed that could be used for payment tool. then, many retailers will accept bitcoin for payment. just the matter of time, i think  Smiley

The proof is there that bitcoin can be used as a payment tool for paying for goods that you want to buy and for paying your staffs for doing their jobs.
The only problem is that the volatility and the scalability of bitcoin is what keeping investors from incorporating bitcoin in their business.
full member
Activity: 308
Merit: 100
December 28, 2017, 11:43:01 PM
that depends on the regions that we will discussed for its matter. when in region X, bitcoin already recognized and proofed that could be used for payment tool. then, many retailers will accept bitcoin for payment. just the matter of time, i think  Smiley
member
Activity: 210
Merit: 15
December 28, 2017, 11:32:33 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.
If only all countries around the worl is as progressive and is as advanced as japan is then goodbye fiat money and hello to cryptocurrencies.
newbie
Activity: 81
Merit: 0
December 28, 2017, 11:27:02 PM
that is impossible in other countries if there is no taxes to be collected, other business men will not agree at the same time.
member
Activity: 434
Merit: 18
WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
December 28, 2017, 11:16:03 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 is known for its price going up and down. Price is the reason why retailers are not accepting payment yet. They don't want to lose any money when bitcoin price goes down. They won't take any risk for a small amount money. Maybe Japan will make them believe on bitcoins.If they can be successful other retailers will follow.
legendary
Activity: 2100
Merit: 1058
December 28, 2017, 02:34:58 AM
There are many country are adoption Bitcoin as a digital currency in their market.And some countries will focus on it and anytime they will be reached a positive decision about legalize Bitcoin.After adopting more countries, Then more retailers will accept Bitcoin.
with many countries starting to accept Bitcoins, they will start enforcing its use if they their benefit in this regard. For example, if a country decides heavily in Bitcoins and invest large amounts in it, then they will force the local market and retailers to transact through Bitcoins. They may offer discounts to retailers by persuading them to use Bitcoins. In this way, Bitcoin can spread like an air.
I think there is no legal news for this bitcoin adoption in any country. and I saw news like in some countries state governament is putting the tax to those who are using bitcoins. When governament will start to earn revenue from this bitcoin transaction that time it will allow retailers to accept bitcoin.
The problem comes when these low businessmen don’t know about bitcoins. If you just make a survey of these normal people who don’t know any technical field and are just casual retailers, they even didn’t hear the name of bitcoins. This is main reason for these people not accepting bitcoins and when bitcoins will totally spread over the world, then results will be much prominent.
I think the reason is because people don’t believe that Bitcoin can serve as a good method of receiving payment from their customers. They are used to making use of only cash in their retail stores, retails stores that a little more advanced would add up other forms of online banking systems to speed things, but as for Bitcoin, they won’t ever think of stepping a foot into it.
newbie
Activity: 84
Merit: 0
December 26, 2017, 06:44:40 PM
I believe that more business will only accept Bitcoin once they see that is truly a convenient way of transacting. Not like today where people wait literally weeks for their confirmations just because they didn't pay a high enough fee.
full member
Activity: 168
Merit: 100
reading.......
December 26, 2017, 06:42:59 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.
I think in the 2019 it will be worldly accepted or worldly banned. There's two choices of bitcoin banned or success i smell something fishy about bitcoin and some country tries to do bad about it and probably more but i hope nothing so bad happens to bitcoin.
member
Activity: 273
Merit: 11
December 26, 2017, 06:19:37 PM
Rules are still unclear, and volatility is high, so many shopkeepers are still wary of cryptocurrency.
But I think that in short time bitcoin will be completely accepted.
newbie
Activity: 154
Merit: 0
December 26, 2017, 05:23:48 PM
There is still too much volatility for bitcoin to be widely accepted.
But in the next future anything will be more stable.
sr. member
Activity: 1428
Merit: 252
December 26, 2017, 08:50:36 AM
This is the time, I'm sure if the more popular bitcoin it will make retailers soon receive bitcoin. the thing that still makes many retailers hesitate is the number of users who are still few.
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