Post
Topic
Board Economics
Re: When will more retailers accept Bitcoin
by
Andre#
on 21/12/2017, 21:44:29 UTC
There are many country are adoption Bitcoin as a digital currency in their market.And some countries will focus on it and anytime they will be reached a positive decision about legalize Bitcoin.After adopting more countries, Then more retailers will accept Bitcoin.
with many countries starting to accept Bitcoins, they will start enforcing its use if they their benefit in this regard. For example, if a country decides heavily in Bitcoins and invest large amounts in it, then they will force the local market and retailers to transact through Bitcoins. They may offer discounts to retailers by persuading them to use Bitcoins. In this way, Bitcoin can spread like an air.
I think there is no legal news for this bitcoin adoption in any country. and I saw news like in some countries state governament is putting the tax to those who are using bitcoins. When governament will start to earn revenue from this bitcoin transaction that time it will allow retailers to accept bitcoin.

You probably right on this one. Think that this is how they see this problem maybe as a solution but think that many wont like this options as solution.
Think that this will be only some start up model for some future let say this "negotiation" for bitcoin usage globaly.

In my opinion, just the retailer accept to pay the government tax when they use Bitcoin as payment method, I think it is very easy to make this future become the truth.
The government worry their power can be affected by the existention of Bitcoin in payment system, so, they banned it before this situation happens.