Quote from: ovvidiy on March 23, 2017, 09:31:42 PM

Quote from: Traslavin on March 23, 2017, 05:52:24 PM

Quote from: marcuslong on March 23, 2017, 02:18:45 PM

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Quote from: marcuslong on March 09, 2017, 04:57:36 PM

Quote from: JL421 on March 08, 2017, 09:41:00 PM

Yeah I agree that's actually a really big problem in my country also there are basically no local or online stores where we can buy using bitcoins luckily I found a few traders on local bitcoin buying at a higher rate. And normally we don't see any stores which accept gold for making payments so it kind of makes sense.

There are some local stores now that accepting bitcoin as payment method here in my country there are actually working on it starbucks is one of them are other online stores that accept bitcoin but if theres an sm supermarket that will accept bitcoin as payment method then that would be great for sure to anyone who using bitcoin.

Many people can not use their bitcoins for this reason. But I hope that soon the situation will change and there will be a lot of shops where they accept crypto currency

They're some store that start accepting bitcoin as payment but hoping that it will be implemented world wide where we can easily use bitcoin not to exchange into fiat for days .But mainstream is we use digital currency as investment we choose this than using gold as investment. Our country where we can use bitcoin to pay bills also without fee's and you can earn charge back depends on your bill

I do not think the bitcoin will be used widely in stores. It is too slow to transact at the moment.

Today, this is even unrealistic. The first obstacle is that businessmen will not be able to report their income to the tax inspectorate, because there is no procedure for reporting the financial transfers of bitcoins. And secondly, bitcoin has a very small percentage of popularity. And this greatly affects the use of it in stores every day.

It doesn't matter how popular bitcoin is for it to be accepted in stores, you could have only 10 people using it and as long as the store accepted the currency you could use it.
What is holding bitcoin back from being accepted over the counter is the confirmation times, when 0 confirmation transactions are safe then you will see more stores willing to accept it.

On your other point about it not being easy to report for income tax that's ridiculous, bitcoin couldn't be easier to keep track of, it's just that some people may not want to report it thinking they can get away with it, not likely for long in today's world.
According to the IRS only 807 people have claimed it: https://news.bitcoin.com/807-people-declared-bitcoin-tax-purposes-according-irs/ and they know a lot more people are using it than that so unfortunately that will come down hard soon.