Should Malls accept Bitcoin payments?

[Caali]

Yes, this is possible but there are certain set of people which this sort of confidential information is available, not just any random end user.
Users are given an address when building a wallet, which helps them to collect coins.

 

[Segshowee]

Today many investors like us are using bitcoin and we all want it to be accepted by the government
Apart from this even In my country , the government has started a case to ban bitcoin.
Do you think it should be accepted by your nearby places like Food Resturants , Shopping Malls and various other places?

Can we do anything to encourage it?
If someone takes this step maybe more Sellers will start it as a payment method.

Truth be told,many have not embraced Bitcoin for transaction but the fact remains Bitcoin has come to stay. With each day that passes by, Bitcoin acceptance is increasing. Many sales outket accept Bitcoin and many would still embrace it.

 

[iCesarkevin]

If appealing to consumers' needs is not enough of a reason to accept Bitcoins, there is even an added benefit for retailers. Transaction fees for Bitcoins tend to be much lower than other forms of payments. Sooner or later malls would accept it too.

 

[Defaith]

Bitcoin is now the new method buyers and sellers exchange payment, bitcoin should be accepted in mall because even companies now use Bitcoin to pay their employees, there is nothing bad in using Bitcoin in mall

 

[Suba]

Although in many countries that accept Bitcoin as a means of payment, not all stores and coffee shops in malls want to accept Bitcoin, because of its fluctuating value, we as buyers / investors are reluctant to use Bitcoin to pay for goods and services, it's better if we use fiat money, because it will be more valuable if we save Bitcoin as an investment and will get big profits.

 

[Setho]

It is just a matter of time before bit coin is known by everyone on the street and its adoption becoming more popular. One if the issues I have been having with bit coin is the fact that the fees are very high and in things like this, who covers the high transaction fees? Though bit coin transactions are fast and secured with less chances of hitches, the fees is still a work in progress before bit coin finally gets to adopted as a means of payment everywhere.

 

[chicnthin]

I don't see this happening anytime soo. Cryptocurrency are yet to be accepted by other countries and it's gonna take a long time before most of the malls and other businesses accepts crypto payments. But in the future, there's a great possibilty.

 

[Folaham]

Today many investors like us are using bitcoin and we all want it to be accepted by the government
Apart from this even In my country , the government has started a case to ban bitcoin.
Do you think it should be accepted by your nearby places like Food Resturants , Shopping Malls and various other places?

Can we do anything to encourage it?
If someone takes this step maybe more Sellers will start it as a payment method.

The more outlet that accept bitcoin and other virtual currency, the better for people that own them. Having more option of spending it will increase the more persons accepting to join up on forums that pays with such coin

 

[Segat]

Bitcoin is only line currency that has a real life money value, I see no reason why people and even big business should not accept bitcoin as a medium of exchange as it has all the quality of money. Which implies general acceptability.

Yes it does but you know its still not known by many people who are really involve in business locally. I think there is still need for campaign and awareness to enlighten the public more especially in the developing countries.

 

[Roysnickz]

Today many investors like us are using bitcoin and we all want it to be accepted by the government
Apart from this even In my country , the government has started a case to ban bitcoin.
Do you think it should be accepted by your nearby places like Food Resturants , Shopping Malls and various other places?

Can we do anything to encourage it?
If someone takes this step maybe more Sellers will start it as a payment method.

While not. So many vendors, shopping malls, food restaurants and super markets are already accepting crypto...
Digital currency has actually come to stay, the earlier we accept that fact the better for us.

 

[MercySmith]

I really do not see a reason why malls and enterprise should start accepting bitcoin. It is pointless when there are so many other ways of making transaction. It very easy to convert your bitcoin into cash. So what is the deal about it been spend every where like it is dollars?

 

[Shivay]

The more outlet that accept bitcoin and other virtual currency, the better for people that own them. Having more option of spending it will increase the more persons accepting to join up on forums that pays with such coin

We do not know that when this payment method gets adopted but still if it will provide people with their own choice , like we people want to pay with cryptocurrencies as we are engaged in its trading.

 

[Dubai]

Today many investors like us are using bitcoin and we all want it to be accepted by the government
Apart from this even In my country , the government has started a case to ban bitcoin.
Do you think it should be accepted by your nearby places like Food Resturants , Shopping Malls and various other places?

Can we do anything to encourage it?
If someone takes this step maybe more Sellers will start it as a payment method.

It is the choice of the supermarkets or shopping malls to use bitcoin as a means of exchange. It has nothing to with the government. Some enterprise have already began to accept it as medium of payment.

 

[iori23]

It also depends on the mall if they accept payment via cryptocurrency., money is easy now, so even if the mall accepts the wallet with cryptocurrency. you can online exchange your cryptocurrency for cash first ..

 

[Nurudeen]

I really don't support the idea of malls accepting Bitcoin or other crypto currency as a means of exchange due to its Volatility. Or maybe there is something I'm not getting because I know that If the coin is used to buy goods at some rate the price of the coin can either go up or down

 

[GIFTMICHAEL]

There is nothing wrong with Bitcoin government should not dare to ban Bitcoin because it is serving and solving a lot of issues relating to payment.
It should be accepted in malls it shouldn't be banned.
We need to speak up and support developers of this digital currency.

 

[mcjerry]

They must accept crypto currency payment in there store. Because many people now have crypto currency wallet with coin inside. If you notice, there are some websites that will tell you that because of issues they have with PayPal that they only accept coin

 

[WhiteHouse]

Yes why not?, Cryptocurrencies especially Bitcoin have become one of the means of money these days as more people, institutions and even countries are opening up to it. Yeah you may complain about its volatility and instability, but why don't you also look at the good side

 

[Hasan Raza]

Accepting cryptocurrencies as a mode of payment by stores general store shopping centers and most of them relies upon the assessment of the proprietors of those organizations. on the off chance that the proprietors of the organizations feels that cryptocurrencies is alright by the business then he will acknowledge it yet on the off chance that he concludes that cryptographic money isn't sufficient for his business, at that point there's no way around th

 

[Donkiz]

It will be hard for shops and malls to accept bitcoin as a form of payment due to its very volatile nature. Just look at a scenario where a shop sell there products worth $80k to customers using bitcoin when the price of the coin was $40k per 1btc only for the price to go down to $25k per 1btc the next day when they want to restock.

The shop will be left with two options, either to take a loss of $30k and restock or leave the shop empty and wait for when the coins will appreciate. And non of the two options is good for business.