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Topic: Bitcoin As a Payment Method Against Other Payment Network - page 2. (Read 298 times)

hero member
Activity: 1274
Merit: 622
I guess this is an outdated Bachelor thesis, in such a case Cheesy
I don't know how is it possible that you're so much out of step since all the world talks about what Musk is doing, it's all over the news. Simply go through the threads here for the past month and you'll see how much things have changed.
legendary
Activity: 3178
Merit: 1140
#SWGT CERTIK Audited
When I read the article, I thought that the elon changed his mind again. And I believed it could happen.Because elon is such an unstable person. Maybe he wanted to pump again.  Huh Huh
I was like wait a minute this is an old news then thought maybe unstable Musk changed his mind again and decided to buy the same amount? Reference date was enough to disappoint.
If we switch our discussion to the title and forgot about the old Tesla news then bitcoin is more useful than all these methods since it can be a debit/credit card, an online transfer method like WU, a bank... Can't compare the incomparable..
member
Activity: 140
Merit: 10
When I read the article, I thought that the elon changed his mind again. And I believed it could happen.Because elon is such an unstable person. Maybe he wanted to pump again.  Huh Huh
legendary
Activity: 2366
Merit: 1624
Do not die for Putin
LOL my friend! Tesla has long moved from that position to exactly the opposite. All over the forum are messages discussing how Musk has obviously manipulated the market and used a really stupid excuse to start "not accepting" bitcoin for a Tesla vehicle because "bitcoin is not green" and consumes too much energy.

All this is just another of Musk stupid jokes, but, as I said multiple time, you can burn your reputation on the crypto community only once. Well... unless you are McAfee in which case you can do it a few more times.
copper member
Activity: 2940
Merit: 4101
Top Crypto Casino
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Tesla announced Monday
Source :

This is a 3 months old news you posted. Things have changed since  Cheesy
You just woke up after a 3 month night?
As far as I know, Tesla doesn't want to accept Bitcoin for a Tesla anymore. And the company is already thinking to sell some of its BTC.

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From that statement we can know that Bitcoin can be used as a payment method in all business.

Even if I consider myself pro-Bitcoin, I can say that this statement isn't true. Bitcoin is not suitable for micropayments. Hence excluding a lot of businesses. For example, I don't think anyone is willing to spend $10 with the mining fees, just to pay 1€ for some bread at the bakery.

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In Europe from Statista...see the picture below

Seriously? A graph 5 years old from 2016?

This is irrelevant today and looking at my country, I'm sure it's totally inaccurate because I doubt 4% of the persons use it as a payment method. Because 90% here only use cryptos to speculate, and in 2016 there was hardly any place to pay in BTC online (and maybe zero IRL in France)
jr. member
Activity: 546
Merit: 4
Tesla announced Monday it has bought $1.5 billion worth of bitcoin. Tesla also said it will start accepting payments in bitcoin in exchange for its products "subject to applicable laws and initially on a limited basis." That would make Tesla the first major automaker to do so. The $1.5 billion worth of bitcoin will give Tesla liquidity in the cryptocurrency once it starts accepting it for payments. Tesla's move into bitcoin represents an investment of a significant percentage of its cash in the investment. The company had more than $19 billion in cash and cash equivalents on hand at the end of 2020, according to its most recent filing.
Source :  https://www.cnbc.com/2021/02/08/tesla-buys-1point5-billion-in-bitcoin.html

From that statement we can know that Bitcoin can be used as a payment method in all business. It can compared with another payment network like Paypal, Visa (Mastercard), etc. Musk showed us cryptocurrency is really The Future of Business.

Seeing the performance against the other, there is a Thesis abous business Administration from Jonkoping University. it compared all payment network with Bitcoin especially as payment in retail Industries.




In europe from Statista, Bitcoin used almost everyday in some business as payment method. see the picture below




Source : Bachelor Thesis in Business Administration Jonkoping University : Cryptocurrency as a Payment Method in the Retail Industr
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