Topic: Xiomi Portugal start accepting crypto - page 3. (Read 581 times)
I have heard a lot of good things about Portugal from a couple of my foreign colleagues who are now thinking to move there to continue freelancing. They said the conditions for freelancing + earning in crypto is very warm in Portugal, with low tax requirements and low employment requirements,,, plus no problems with reporting income earnings in crypto. I feel like this could be the reason for the move from Xiaomi.
It's a Chinese company with heavy control from their communist party. I would be surprised if they don't "send at home" at least now and then various information about their users. There's a strong security concern around them and one should be aware of what he holds in his pocket basically 24/7.
Do you think that Apple or Samsung do not spy on their users in the same way as Chinese companies?
Oh, but I know that they do. The point is that while Google has spied on me for 20+ years and they've done no real harm, while Samsung also spied on me for many years, again with no harm, I'm less concerned about what these do with my data than what a totalitarian state with its own odd rules and politics.
However, what I want is awareness. As long as people know, it's fine. Then each and every one can act based on his knowledge and levels of paranoia
Apparently the information is no longer available on facebook.
And on the official website, there is no related information. If you try to make a purchase, you don't have the Bitcoin option.
Was it just a message to check the market's reaction?
And on the official website, there is no related information. If you try to make a purchase, you don't have the Bitcoin option.
Was it just a message to check the market's reaction?
It's a Chinese company with heavy control from their communist party. I would be surprised if they don't "send at home" at least now and then various information about their users. There's a strong security concern around them and one should be aware of what he holds in his pocket basically 24/7.
Do you think that Apple or Samsung do not spy on their users in the same way as Chinese companies? It all comes down to how people perceive a company, and we all know that the American political propaganda machinery made sure to portray the Chinese as evil communists, while on the other hand, they (the US) have the largest spy network in the world - or maybe Snowden lied about everything? There is no privacy if you use any device, because they are all designed to send data to someone - not just through software, but also through hardware.
As for Xiaomi, this is not a surprising move, especially for Portugal, which has positioned itself as a crypto-friendly country. In addition, many mobile phones and IT equipment stores in the EU have been accepting BTC for years and it is not a problem to buy any brand of smartphones and pay with BTC.
what are you thoughts ?
However, this decision does not sufficiently affect the interest of investors, because it seems that this is a decision made by Xiaomi from Portugal only and not globally.
I have a feeling this might be one of those testing phases and if everything goes smoothly, they'd probably expand it into other markets as well.- Having said that, @CoinTelegraph included a tweet from their partner [Utrust], but for some reason, that tweet no longer exists [a bit strange].
Does this mean that they'll keep bitcoin or will actually receive fiat at the end of the day?
According to their partner's "website", looks like [screenshot] everything is going to be converted right away but they could also opt to receive cryptocurrencies. 
Why only in Portugal? I read it's 'cause of the tax policy, but that's only compared with other EU countries, and Xiaomi is available worldwide. My smartphone's actually Xiaomi, and I find it very convenient and well-performing (but I don't trust a smartphone with cryptos and never access my crypto funds from my phone). But in my country, they're usually sold in shops that specialize on devices from various brands. So does this decision apply only to the official Xiaomi stores in Portugal? Or will other retailers have to agree to accept Bitcoin for their Xiaomi products?
I'm not surprised with the move because Portugal is known as one of the most crypto-friendly countries in Europe but I'm more intrigued with the brand. We all know that Xiaomi is a Chinese company and we also know (based on published articles) the unfriendly stance of the Chinese regulators towards crypto.
This is also my first thought, it is a well known Chinese company, and it was even ban by the Trump administration, but it was reverse recently.
So it was a surprised when the Chinese government are cracking down everything related to bitcoin, then suddenly they start accepting it. Now sure if they have ask their government, but if not, then this could spell trouble for them in my opinion. Anyhow, it's business and at the end of the day, they should cater for everything including cryptos.
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While I also use their products (and not only phones!), I won't jump in joy for their smartphones. They are indeed pretty good for their price, but, again, everybody should be warned again and again:
It's a Chinese company with heavy control from their communist party. I would be surprised if they don't "send at home" at least now and then various information about their users. There's a strong security concern around them and one should be aware of what he holds in his pocket basically 24/7.
I firstly thought about Xiaomi since the title isn't complete and then yeah, it's really Xiaomi of Portugal. This is just another move from this retailer that's going to be passed on with another retailer that will try to compete with what they've done.
It's for sure that the adoption will come no matter what rejection the biggest retailers and companies will do to bitcoin. They're not the only companies that shall accept bitcoin, there's more and it's just starting.
It's for sure that the adoption will come no matter what rejection the biggest retailers and companies will do to bitcoin. They're not the only companies that shall accept bitcoin, there's more and it's just starting.
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https://u.today/xiaomi-starts-accepting-bitcoin-ethereum-and-other-cryptocurrencies-in-portugal
When amazon will not accepting bitcoin this maybe a little step to moon https://www.facebook.com/Oficial.MiStorePortugal/posts/988502345307701
what are you thoughts ?
Xiaomi is a big company that is popular even as a competitor to the iPhone in the world of the smartphone business. The adoption of bitcoin by Xiaomi certainly opens up opportunities for Bitcoin owners to buy Xiaomi products using alternative cryptocurrency payments. However, this decision does not sufficiently affect the interest of investors, because it seems that this is a decision made by Xiaomi from Portugal only and not globally. When amazon will not accepting bitcoin this maybe a little step to moon https://www.facebook.com/Oficial.MiStorePortugal/posts/988502345307701
what are you thoughts ?
And Xiaomi isn't some random bootleg tech company, they actually create great products(privacy concerns aside).
Yep, Xiaomi became what Samsung was 10-15 years ago. I own several of their products and when looking for something that offers good value for money, you can always count on Xiaomi no matter what you are buying; whether its mobile phone, laptop, TV, vacuum cleaner or something else. Xiaomi fights hard to get as big as possible share of the market (they did surpass Apple!).
It is just a matter of time before they surpass Samsung too worldwide, as they already managed to do that here in Europe during Q2 2021. Anyway, definitely positive news and expecting the same from Xiaomi in other countries as well.
https://u.today/xiaomi-starts-accepting-bitcoin-ethereum-and-other-cryptocurrencies-in-portugal
When amazon will not accepting bitcoin this maybe a little step to moon https://www.facebook.com/Oficial.MiStorePortugal/posts/988502345307701
what are you thoughts ?
hopefully, not only Xiaomi in Portugal accepts crypto but in all branches...When amazon will not accepting bitcoin this maybe a little step to moon https://www.facebook.com/Oficial.MiStorePortugal/posts/988502345307701
what are you thoughts ?
Portugal is one of the crypto-friendly countries, this is what makes the Xiaomi Portugal branch not hesitate to accept crypto. Portugal has left china far behind.
I think this is very good news, there are so many FUD during this bearish market trend. I think we are close to the next bullish market trend. I hope atleast it can prevent bitcoin price to fall deeper. For me this is important because most of people use smartphone and pretend the smartphone is part of themselves, so more people will be more familiar with bitcoin. In my opinion it is also a clever decision because cryptocurrency community is a big community, targeting this market will be very profitable for the company.
Xiaomi was in partnership with Microsoft but isn't ex-CEO of Microsoft Bill Gates an anti-crypto or specifically Bitcoin? Well, read somewhere that Microsoft is crypto friendly but I don't see any legitimate claim but I see this ION project from Microsoft that builts atop Bitcoin blockchain. Just trying to thread here.
Not to join in with the hype or be a Xiaomi fanboy but I strongly agree with Xiaomi's decision on accepting crypto as a mode of payment. Xiaomi is from China and the company itself has made its name after bringing out affordable but powerful smartphones, And now that they are accepting crypto as a new form of mode of payment, this can definitely accumulate more customers.
Xiaomi is part of Tencent, If they are accepting cryptocurrency then other companies that Tencent owns might start accepting cryptocurrency in the future. Then there is CCP which indirectly controls Tencent, their policy is to completely ban cryptocurrency in China but, they are willing to accept it from a foreign country. What exactly is China's policy on cryptocurrency? If anyone has any idea then do quote.
Not to join in with the hype or be a Xiaomi fanboy but I strongly agree with Xiaomi's decision on accepting crypto as a mode of payment. Xiaomi is from China and the company itself has made its name after bringing out affordable but powerful smartphones, And now that they are accepting crypto as a new form of mode of payment, this can definitely accumulate more customers.
Cryptocurrency as a mode of payment from Xiaomi is a big step. Xiaomi is a grown country that has reached good market value in a very short term with its affordable list of smartphones, smart TV's and othe gadgets in the market. Now cryptocurrency acceptance from Xiaomi Portugal will increase its fanbase. Being a Chinese firm it has started the service with Portugal before it's service in Asian Countries. When people learn of the capabilities that Xiaomi has on their phones and their price range compared to a latest model of an iPhone, I am sure that their market popularity is going to jump in prices because they do deliver what they advertise on their phone, and I am currently using one of their models and I am jubilant that it's working as intended.
While I also use their products (and not only phones!), I won't jump in joy for their smartphones. They are indeed pretty good for their price, but, again, everybody should be warned again and again:
It's a Chinese company with heavy control from their communist party. I would be surprised if they don't "send at home" at least now and then various information about their users. There's a strong security concern around them and one should be aware of what he holds in his pocket basically 24/7.
Xiaomi fights hard to get as big as possible share of the market (they did surpass Apple!). They started with making reasonably good products at reasonable prices (still, the privacy concerns remain) and accepting bitcoin is just a step forward in getting some more customers.
Does this mean that they'll keep bitcoin or will actually receive fiat at the end of the day? I tend to believe it's still the fiat, sadly. Nevertheless, it's still good news.
When people learn of the capabilities that Xiaomi has on their phones and their price range compared to a latest model of an iPhone, I am sure that their market popularity is going to jump in prices because they do deliver what they advertise on their phone, and I am currently using one of their models and I am jubilant that it's working as intended. It's a good news that they're getting into crypto too because it could add another way for them to profit in the future, I hope that it will expand more than Portugal. Does this mean that they'll keep bitcoin or will actually receive fiat at the end of the day? I tend to believe it's still the fiat, sadly. Nevertheless, it's still good news.
what are you thoughts ?
I often read that Portuguese people/entrepreneurs/government treat Bitcoin well.After I saw the topic about Xiaomi in portugal, I assume portugal the company in portugal has added new rules for the portugal people in buying Xiaomi cellphones, Previously they also made it easier to buy Property with Bitcoin, now they are doing something useful for bitcoin users in buying Xiaomi cellphones.
Xiaomi in my country is also one of the most widely used products by many people, the price is also quite cheap and affordable, in my opinion the Xiaomi company, I hope the system used by the Xiaomi company in Portugal can also be implemented in my or in every country that has Xiaomi products, even though it comes from china.
Not to join in with the hype or be a Xiaomi fanboy but I strongly agree with Xiaomi's decision on accepting crypto as a mode of payment. Xiaomi is from China and the company itself has made its name after bringing out affordable but powerful smartphones, And now that they are accepting crypto as a new form of mode of payment, this can definitely accumulate more customers.
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