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Update 17:05:
A few hours after the announcement, Xiaomi Portugal took a step back. As he explains in a statement, this decision was taken without first consulting the Chinese parent. Thus, the possibility of paying with cryptocurrencies disappears.
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Cryptocurrencies have been one of the hottest technologies in recent years, thanks to blockchains. However, the more optimistic assumed that we would already be paying in stores with them.
This has been the case in a few cases, but it has not happened on a massive scale. Now, a new step for a very large company seems to go in this direction.
Xiaomi’s Portuguese subsidiary appears to be starting to accept cryptocurrency payments in its stores, according to Bol News.
Pay in Xiaomi stores with Bitcoin, Ethereum, Tether and Dash
There will be four accepted cryptocurrencies, among the most popular: Bitcoin, Ethereum, Tether, and Dash.
The Chinese firm has partnered with the Swiss Trust, which allows the use of cryptocurrencies for payments in conventional stores.
Pedro Maia, the store manager in Portugal, said that “We are a technological, innovative and disruptive brand. That’s why we always want to be one step ahead. We want to make it possible for all true tech fans to buy their favorite devices with what is currently “the most tech money.”
The first country, but maybe not the last
The choice of Portugal seems logical if we see the acceptance of this type of currency in the neighboring country.
If this experiment is successful, it would not be strange if we could soon be able to pay with these digital currencies also in Europe and other countries.
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