Re: A supermarket in Mexico now allows Bitcoin payments for all their items
since they are accepting also In El Salvador meaning this business originated in El Salvador and not in mexico?
The business is Mexican, it has subsidies in other countries, this move has nothing to do with Salvador legislation, the current offer is for Mexico, and the division Salvador accepts BTC because it must do there like any other business operating in the country.
As to the TOS for the Bitcoin promotion itself, I’d point out the following:
- Purchase must be in the range of 5K pesos (240 USD aprox.) to 57K pesos (2750 USD aprox.)
- The promotion has an allocated fund of 1M Pesos (a bit over 48K$)
See: https://www.elektra.com.mx/terminos-de-promociones (In Spanish)
- Purchase must be in the range of 5K pesos (240 USD aprox.) to 57K pesos (2750 USD aprox.)
- The promotion has an allocated fund of 1M Pesos (a bit over 48K$)
See: https://www.elektra.com.mx/terminos-de-promociones (In Spanish)
Wait a minute, so if a bit less than 100 poeple max out their purchases, getting each 550$ in discount that's it?
Isn't there another zero?
For a business with a revenue of 80 billion, they could have pushed a little more money into this! https://www.elektra.com.mx/promociones-bitcoin?page=1
It's this only for games and controllers?
Anyhow, it's still a promo, it's still a store where you can buy some stuff with BTC and a way to save some $, still a net positive.