Definitely feels like we're entering the 'then they fight you stage' ...
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We're (sadly) in the process of removing all Bic Camera (ビックカメラ.com) stores from BTC Map. 😢
They are moving to a bitFlyer KYC compromise, citing new regulations.
https://biccamera.com/bc/c/info/payment/bitcoin.jsp
We're bitcoin only and if you need permission to spend it, it ain't bitcoin. 🫡
Definitely feels like we're entering the 'then they fight you stage' ...
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This is so sad. Hopefully NeutronPays solution will help us get around these restrictive rules 🤞
What's their solution?
KYC regs difficult to ignore for businesses.
I don't know it deeply but what NP does is lets me pay in sats and converts to local currency for the merchant. This is the only way Vietnamese businesses are interested to let me pay with lightning. It's illegal for them to accept payment in currency that isn't dong so this is a good little work around. No KYC to set up but I think probably some kind of kyc process to link to Vietnamese bank account. My app store is Aussie so I haven't been able to test it out yet. I'm tempted to buy another phone and set up a Vietnamese app store just to try for myself 😆