18 months ago nobody took sats in Vancouver. Now there are recommendations \ stacker news ~bitcoin

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18 months ago nobody took sats in Vancouver. Now there are recommendations www.bitdevs.ca/map

1950 sats \ 24 comments \ @leo 4 Jul bitcoin

It's exciting to see how much this list has grown in just 18 months. But some merchants provide a better experience than others, so to make life easier for visitors and those with limited time, we started with a short list of recommended Bitcoin merchants

7 sats \ 0 replies \ @cryotosensei 5 Jul

Thank you for compiling this list for our collective benefit!

19 sats \ 1 reply \ @BitcoinAbhi 5 Jul

Bitcoin is getting adopted. Bitcoin is the future

0 sats \ 0 replies \ @leo OP 5 Jul

Gradually then suddenly!

18 sats \ 1 reply \ @IamSINGLE 5 Jul

One of my Indian friends living there often tells me that Vancouver is the best place for Bitcoin. The community is evolving at a good speed. There are bigger players who are promoting it. These are all good signs!

0 sats \ 0 replies \ @leo OP 5 Jul

Slowly but surely!

29 sats \ 1 reply \ @Coinsreporter 5 Jul

A Vancouver Brewery is selling 'Bitcoin Beer Cans' is something that I was impressed. Whenever I reach there the first thing I'll do is buy a 'HODL' Beer.

https://m.stacker.news/38297 https://m.stacker.news/38298

0 sats \ 0 replies \ @leo OP 5 Jul

it's a great brewery! i went there tonight and spent sats!

9 sats \ 6 replies \ @Satosora 5 Jul

Bitcoin is getting adopted. I wonder if it has anything to do with how the chinese are trying to get their own money out?

41 sats \ 5 replies \ @leo OP 5 Jul

There are indeed a few persian and chinese money changers in the city that will cheaply swap Bitcoin to cash. I do suspect most of their volume is in tether though

0 sats \ 4 replies \ @Satosora 5 Jul

I see. They are using tether to get their ill gotten gains out of china?

20 sats \ 3 replies \ @leo OP 6 Jul

Hard to tell. Maybe they're sending money back to their families, too?

0 sats \ 2 replies \ @Satosora 6 Jul

I thought it was supposed to be hard to move money out of china. Not impossible, but strongly discouraged.

20 sats \ 1 reply \ @leo OP 6 Jul

And sometimes it's hard to move money into China. There are many ways though, Tether is relatively popular but so are insurance schemes and shadow banks

0 sats \ 0 replies \ @Satosora 6 Jul

What are insurance schemes and shadow banks? I always heard it is easy to move money into china, just hard to move it out.

8 sats \ 1 reply \ @DarthCoin 5 Jul

https://i.postimg.cc/CxYfVMyR/darth-impressive.gif

0 sats \ 0 replies \ @leo OP 6 Jul

High praise!

8 sats \ 1 reply \ @1GLENCoop 5 Jul

I clicked thru on a few of them. None of the ones I randomly selected showed anything on their websites about bitcoin.

Please recommend to each and every one that they should proudly display "We accept bitcoin as a payment option" on each page of their website. Doing so would likely earn them a news article, aka free advertising, and draw in additional business.

1 sat \ 0 replies \ @leo OP 5 Jul

I do admit most of their websites are out of date and poorly maintained. I'm glad whenever I see a sticker at the door

8 sats \ 0 replies \ @spraveenitpro 4 Jul

Go Vancouver Go!!!!

8 sats \ 0 replies \ @SatsMate 4 Jul

I see them on BTCMaps! Very nice little community up in Vancouver!

8 sats \ 2 replies \ @160ed04091 5 Jul

one of the down side is the fact Bitcoin's price can be highly volatile. The value of Bitcoin can fluctuate significantly within a short period, potentially leading to losses for merchants if the value decreases after a transaction is completed

17 sats \ 1 reply \ @teemupleb 5 Jul

In that case merchants should use exchange solutions that convert the received bitcoin automatically to their fiat bank account

0 sats \ 0 replies \ @leo OP 6 Jul

Yeah this seems sensible, but in our experience in Vancouver, merchants want sats, not dollars