In a post that has now been deleted, Mi Store Portugal said it will start accepting cryptocurrency as a means of payment. The post stated that it’ll accept payments for products made via cryptocurrencies such as Bitcoin, Ethereum, TEDA and others.

This update from Mi store Portugal has got many Mi Fans talking all day and now Xiaomi has come to clear the air.

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Xiaomi responds to Mi Store Portugal Post

Xiaomi via its spokesperson Guan Wei has made an official reply, he said “today we are concerned about the information that Mi Store Portugal accepts encrypted digital currency payments on overseas social platforms.”

The above response is Xiaomi simply saying that “its partners operate independently in the local area.” So, the official Xiaomi Company is not accepting crypto payment. But why were Mi fans complaining about this?

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Well, the post by Xiaomi Portugal Store stated that from now on, users can use Bitcoin, Ethereum, TEDA and Dash to buy smartphones, vacuum cleaners, smart watches, electric scooters and other Xiaomi devices.

This makes users from other region complain why only Mi fans in Portugal can make payments with crypto while Mi fans in other region, country and markets can’t.

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Most companies are not accepting crypto payments just yet but some top companies. Why the mix up? Well, some people consider cryptocurrecnies to be unsafe. Hence most companies don’t want to use it as means of payment.

Are there companies accepting cryptocurrency payments?

From a recent report published by Euronews, top companies such as Microsoft, Starbucks, Tesla, Amazon, Visa, PayPal, Coca Cola, accepts crypto payments.

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Will official Xiaomi starts accepting crytpocurency payments after this? Well nobody knows. But, if you live in Portugal you can walk into Mi Store Portugal, buy any Xiaomi products and pay with cryptocurrency.

Do you think it’s a bad thing for smartphone companies to start accepting cryptocurrency payments? Please tell us what you think via your comments below.

Source | In Chinese