Post
Topic
Board Service Discussion
Re: My gadgets store now accept bitcoin!
by
sam00
on 01/10/2021, 19:15:12 UTC
That's nice thing! But you haven't said one important thing - where is you're store located? If you'll post address, maybe someone from forum will visit your store if he lives not farvfrom it Smiley.
Maybe Bitcoin fits better for online stores, not physical ones, but I support such initiatives. It's difficult to expect that significant part of users will pay in Bitcoin, but I'm sure that you'll find people who will appreciate that you give such option.
But I always had question about physical stores and Bitcoin. What they are doing when it takes hours to confirm transaction?

Where I live (In Germany), you can basically return anything you bought within a few weeks in most stores.
If you damaged something or already used it up, that obviously doesn't apply but for tech stuff you just keep the receipt and return the product if you don't like it.
In this scenario, I could definitely buy something with bitcoin and profit from refund it Smiley
It's like shorting/selling bitcoin to fiat and if the price goes up, you just reverse it
I think it more applies when you buy online, you have 14 days to return gadgets even without any reason.
But when you buy in physical store, you can return device simply because you didn't liked it. It must be valid reason behind it - you got it damaged or it doesn't work properly.

There are several stores in germany that offer this kind of service for their customers. They sell thousands of units of one product so they can afford just refunding to certain customers. A few weeks ago, we bought an iron (the thing you straighten your clothes with) and we specifically asked at the store (ALDI, to be specific) if we could return it if we didn't like it and we were told that we had 30 days to return it without any problems Cheesy