Should Malls accept Bitcoin payments?

[Ifective]

With the value of bitcoin, I think any business should accept it as a form of payment. It is very important because it benefits both the customers and the business itself since the value of bitcoin increases overtime, the business will get to make more profit. And then also, customers can shop when the value of bitcoin is low
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With the value of bitcoin, I think any business should accept it as a form of payment. It is very important because it benefits both the customers and the business itself since the value of bitcoin increases overtime, the business will get to make more profit. And then also, customers can shop when the value of bitcoin is low

 

[Shigobad2020]

Bitcoin is fast growing and its taking over the online market now, but some government are planning to ban bitcoin simple because they are not gaining from it, so i think its not the right time for mall to accept bitcoin for now.

 

[Shivay]

Bitcoin is fast growing and its taking over the online market now, but some government are planning to ban bitcoin simple because they are not gaining from it, so i think its not the right time for mall to accept bitcoin for now.

For now it is not good in malls for bitcoin to accepted in India because the congress has passed a case in the lok sabha for banning it , but in other countries their is still hope that they soon take it. Its been a lot of years since the bitcoin came but still people are not accepting it.

 

[Royalty]

Considering that bitcoin is a digital currency, it's more rare for actual stores to accept it as a payment method. ... You can use bitcoin to buy a gift card and then shop at those retailers or another one of the 200-some that they work with, including giants like Nike, Target and Starbucks.

 

[Onachukwu]

There are a growing number of business owners embracing cryptocurrency, like Bitcoin, as a form of payment. Businesses accepting Bitcoin are separating themselves from their competitors while preparing for the future of global transactions. Companies such as Subway, KFC Canada, Expedia, Virgin, and Microsoft accept Bitcoin as payment, among other cryptocurrencies.

 

[Shivay]

There are a growing number of business owners embracing cryptocurrency, like Bitcoin, as a form of payment. Businesses accepting Bitcoin are separating themselves from their competitors while preparing for the future of global transactions. Companies such as Subway, KFC Canada, Expedia, Virgin, and Microsoft accept Bitcoin as payment, among other cryptocurrencies.

Wow ! , seriously i have never noticed that the Kfc , subway and even microsoft like companies have been accepting bitcoin.
Until when this payment method is going on , if this is the case then definitely bitcoin can be adopted at other places too.

 

[Kingsley]

Yes they should accept bitcoin because it is widely accepted all over the world, in major countries of the world. It is accepted all over the world where bitcoin is recognised.

 

[Cybersec]

Whether malls should be accepting bit coins or not for me is not important. What I would rather say is that bit coins organic rise popularity and acceptance should be left to continue like that. Putting undue pressure on people or malls to accept bit coins might not be best on the long run. And then its value now lies in that with more acceptance comes more value hence the investment.

 

[bhennie]

Times are changing, the way our business or the way business is done now has to follow the current trend, it make more send that bitcoin be acceptable in malls, with the rise of the bitcoin on a daily, it can also increase profit

 

[KENDRA2020]

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.

I remember when the ATM cards were first introduced, a lot of people were not willing to accept it as the new mode of payment but check it now, it is now commonly used. Give it time, they will all start using it.

 

[Taiwoayan]

There's nothing wrong in mall receiving cryptocurrency but I think it's too early for that and in the nearest future with the way things are going every industry and organisation will be forced to be accepting digital currency because it will be means of transaction acceptable in every area

 

[Ehizzy1]

Yeah but don't you think the fluctuation of bitcoin would affect those that trade with little profit in restaurants,because that should also be considered as well , since those restaurant owners wouldn't want to make loss , so they wouldn't consider it as a payment method i think

 

[Abisola]

Over the decades, businesses and the general public have been awaiting a single currency that could work as a viable medium of exchange. Bitcoin has successfully been receiving wider global acceptance, with businesses appreciating the ability of digital currency to transfer money in a matter of seconds.

Consequently, from large corporations to small retailers, the list of companies that accept bitcoin has been increasing at a rapid pace.

 

[DareIsrael]

Yesterday I tried sending bitcoin to someone. Bitcoin worth 5000 naira and my transaction fee was almost 2000 naira. Now imagine doing this every time you go to the mall because they accept bitcoin. To me, it is not a good idea. If you need cash, convert some bitcoin to cash.

 

[FreshKaz11]

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 problem we are all having in this country is that we fear alot no one want to die,and when are we not going to die last last...

So that's by the way,some mall in my area here were accepting bitcoin as another mode of payment,it is written in front of their mall that they received it...so they could also fight against it for us and we join them I guess.

 

[Abisola]

The growth of Bitcoins, which now has a Google Glass payments app, reflects how mobile is driving alternative payment solutions and challenging retailers to keep up with how payments are evolving. As Bitcoin becomes a more legitimate currency, retailers are considering whether to accept Bitcoin on a mobile site and application or via the Bitcoin mobile wallet in-store.

“More merchants need to start accepting them,” Ed Barton, an analyst at Strategy Analytics, Newton, MA. “Currently a handful do, the most prominent being Baidu, Reddit and okcupid.

 

[Asad Ali]

It is the view of the owners of those companies that cryptocurrencies should be embraced as a method of payment by retail shops and the rest. If the company owners believe that cryptocurrency were all right by the company they are embracing it, but if they decide it wasn't good enough for their business then you can't do much about it.

 

[Husnainali]

Microsoft. Microsoft has been accepting Bitcoin for use in its online Xbox Store since 2014.
Overstock Overstock is currently leading the way in shopping and cryptocurrency. ...
Home Depot. ...
Name chip ...
Starbucks ...
Electronics ...
Sleep, bed and bath. ...

 

[Khezo]

If malls should accept bitcoin then that would be a very good thing. The thing is bitcoin is becoming very acceoi in the world of today so introducing it to shopping malls and stores would be a nice addition

 

[SAFEMOON]

Accepting cryptocurrency as a payment method will give access to a whole new market of tech-savvy consumers who have created a community within the cryptocurrency market. Given the option to pay through a digital wallet or a credit card platform allows to dip into broader markets and appeal to consumers all around the world.