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Topic: Xiomi Portugal start accepting crypto - page 4. (Read 581 times)

legendary
Activity: 3668
Merit: 6382
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August 06, 2021, 01:27:48 AM
#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.
sr. member
Activity: 966
Merit: 421
Bitcoindata.science
August 06, 2021, 01:18:13 AM
#6
Xiaomi is a Chinese company manufacturing devices like phones. I don't doubt every Chinese are accumulating BTC though they may seem to be driving miners away. This is the kind of move that US companies should actually do as well than shutting down rumors because their government is cracking down cryptocurrency through their regulations.
Chinese citizens are very much in support of crypto companies but the challenge has always been with the government who tries to gain autonomy of the general assets in the country. It's a nice and welcome idea for xaiomi and a great news for the crypto industry as well waiting for more partners no matter how small the are let's take crypto a step higher
hero member
Activity: 3038
Merit: 617
August 06, 2021, 01:11:22 AM
#5
Xiaomi is a Chinese company manufacturing devices like phones. I don't doubt every Chinese are accumulating BTC though they may seem to be driving miners away. This is the kind of move that US companies should actually do as well than shutting down rumors because their government is cracking down cryptocurrency through their regulations.

But I suppose Bezos can buy up more BTC without having to accept thru his store.
mk4
legendary
Activity: 2870
Merit: 3873
Paldo.io 🤖
August 06, 2021, 01:09:05 AM
#4
I was expecting the article to be some misleading article with like a small local tech store that sells Xiaomi accepting cryptocurrencies, and I'm really happy to be wrong. It's actually an official Xiaomi store!

And Xiaomi isn't some random bootleg tech company, they actually create great products(privacy concerns aside).
full member
Activity: 1064
Merit: 112
August 06, 2021, 12:22:27 AM
#3
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.
it's fine bro maybe its not about brand. Coz we all know that xiomi is one of the most popular brand because of the standard, let see what will be the impact in the market before we give doubts.. In fact like you said that country is a crypto friendly so perhaps there will be a good results because of that good news.
legendary
Activity: 2114
Merit: 1150
https://bitcoincleanup.com/
August 06, 2021, 12:10:10 AM
#2
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.
copper member
Activity: 2156
Merit: 983
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