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Topic: Corporations and Bitcoin (Read 2589 times)

member
Activity: 70
Merit: 10
August 09, 2016, 01:37:53 AM
#65
Here in my country, few stablishments are accepting bitcoin. But i think the bitfinex controversy makes a negative impact to bitcoin. This tragedy destroying bitcoin right now. But i hope many companies and corporations will be interested to this. Bitcoin will be the popular digital currency if that happens. Other countries banned bitcoin and other countries are not using bitcoin. Hope to see them using this currency in the future.
legendary
Activity: 1176
Merit: 1016
August 09, 2016, 01:12:43 AM
#64
i hope that in the future more and more companies will be accepting bitcoin in the future
You are not wrong, but if you notice you will find that the companies have already started to join bitcoin and are adopting it as the payment system for their users to purchase with it and are doing any transaction with bitcoin.
Some little companies that has younger owners and some huge corporations accept it BUT the best is yet to come, there will be a time where even that old shop in the corner will accept it . That is the next logical step, we all have smartphones and you can download wallets there and buy/sell stuff thanks to it. A LOT more shops than 2012 do it now, a lot more will do it in 2020 , its only higher from now on , with laws and taxes on bitcoin , its getting more and more legit and I don't see how it will go down.
Since more people will own bitcoin and more people will know about it, the price will go higher as well, just if this 'hacks' and scams of some companies wouldn't happen we could have seen bitcoin steady over 1000$ for the past year. With zen and bitfinex and cryptsy and many more the price went lower , thats not a bitcoin problem , that was a company problem, I am sure it will go higher and many corporations will adopt it.
legendary
Activity: 1120
Merit: 1000
August 08, 2016, 10:19:57 PM
#63
Well i dont see big company in my country adopeted bitcoin or blockchain maybe they're not interested or maybe scared i dont know exactly, but only small company like some startup, tech related,and public service aware to bitcoin, i usually pay my bils with bitcoin, top up my phone, electricity and even laundry, i thank god that i can use bitcoin for those activity.
sr. member
Activity: 630
Merit: 267
Just follow the rules
August 08, 2016, 10:08:49 PM
#62
here in my country im very thankful because the bitcoin wallet i use is partner with some banks where we can deposit our sell / exchange in bitcoins and they now starting to accept or you can now pay your monthly bills by using our bitcoin wallet which is less hassle for us to need to travel 10km to pay our bills hopefully that they going to grow they're company
sr. member
Activity: 334
Merit: 250
August 08, 2016, 07:46:47 PM
#61
How do the big corps feel about bitcoin?  How will they feel about bitcoin?  We know they are intrigued by the underlying technology of bitcoin, the blockchain.  Please back up your claims.

As of this moment there are no news about company and their views on bitcoin but only the banking institutions have a say to this. But there is a certain company in UK where they are planning to give out salary to their employees using bitcoin. I'll give you the link next time it is from an article in bitcoin news.com
This is good, that means that more and more people are going to be aware of bitcoin.

This sound interesting and good, cause it will give btc the opportunity to be known by all...
legendary
Activity: 1554
Merit: 1054
August 08, 2016, 02:47:18 PM
#60
i hope that in the future more and more companies will be accepting bitcoin in the future
You are not wrong, but if you notice you will find that the companies have already started to join bitcoin and are adopting it as the payment system for their users to purchase with it and are doing any transaction with bitcoin.
Some little companies that has younger owners and some huge corporations accept it BUT the best is yet to come, there will be a time where even that old shop in the corner will accept it . That is the next logical step, we all have smartphones and you can download wallets there and buy/sell stuff thanks to it. A LOT more shops than 2012 do it now, a lot more will do it in 2020 , its only higher from now on , with laws and taxes on bitcoin , its getting more and more legit and I don't see how it will go down.
hero member
Activity: 2548
Merit: 605
August 08, 2016, 01:06:08 PM
#59
i hope that in the future more and more companies will be accepting bitcoin in the future
You are not wrong, but if you notice you will find that the companies have already started to join bitcoin and are adopting it as the payment system for their users to purchase with it and are doing any transaction with bitcoin.
hero member
Activity: 490
Merit: 500
August 08, 2016, 09:12:14 AM
#58
How do the big corps feel about bitcoin?  How will they feel about bitcoin?  We know they are intrigued by the underlying technology of bitcoin, the blockchain.  Please back up your claims.

Here in our country we already have a company where you can cashout,pay bills,load prepaid cell airtime and they are very popular,many companies are looking forward to integrate the bitcoin technology ,because they knew it is the future..
Which country is that might I ask.
I always have thought it was not possible to do such things yet. It must be a first world country to be able to maintain doing this with a large customer base such as the utility areas are in any country.
sr. member
Activity: 308
Merit: 250
August 08, 2016, 09:08:58 AM
#57
How do the big corps feel about bitcoin?  How will they feel about bitcoin?  We know they are intrigued by the underlying technology of bitcoin, the blockchain.  Please back up your claims.

Here in our country we already have a company where you can cashout,pay bills,load prepaid cell airtime and they are very popular,many companies are looking forward to integrate the bitcoin technology ,because they knew it is the future..
hero member
Activity: 490
Merit: 500
August 08, 2016, 09:00:35 AM
#56
I hate corporate greed. Angry
But they all get what is coming to them eventually.  Wink
legendary
Activity: 1232
Merit: 1029
August 08, 2016, 08:59:52 AM
#55
   Corporations are exist to make profit for some group of people. They are in everything around us, in every little store, shop, company, bank, government. I suspect they are in bitcoin already, but like everything they do its covered with secret.
   They earn money on everything, who knows maybe this fluctuations in bitcoin are done with help of some corporations, we know they have money and human power to do what ever they wish.
   
I also sometime think that they are in bitcoin already, we are seeing some copies of some bigger business with bitcoin , I think that are from those big companies and they are testing the technology of bitcoin and I hope sooner they will adopt bitcoin for their bigger companies also. No other things like growth threatening or anything else are possible in my view.
legendary
Activity: 2940
Merit: 1083
August 08, 2016, 08:28:53 AM
#54
In my country, Bitcoin is really recognized already but I'm afraid of what they mean about "rules" and "regulating":

http://www.bworldonline.com/content.php?section=TopStory&title=bsp-readies-rules-for-virtual-money-crowdfunding&id=128609

It makes me think that involvement with corporations is far away from happening yet.

Maybe the corporations in your country really fear cryptocurrencies and is using their influence in politics to push for regulations to gain control of it. But they don't understand the technology fully so they need to surpress and undermine it for now. Cryptocurrencies empower the people so much and they don't like it. They like to oppress people and making themselves richer in the process.

That is too good for a newbie. I think you have been here for quite a while. What you are saying can be true. If you have a kingdom would you want people to have power in terms of monetary? I dont it will be good for your kingdom for they can leave you and create their own that will be against you.
sr. member
Activity: 868
Merit: 259
August 08, 2016, 08:02:32 AM
#53
In my country, Bitcoin is really recognized already but I'm afraid of what they mean about "rules" and "regulating":

http://www.bworldonline.com/content.php?section=TopStory&title=bsp-readies-rules-for-virtual-money-crowdfunding&id=128609

It makes me think that involvement with corporations is far away from happening yet.

Maybe the corporations in your country really fear cryptocurrencies and is using their influence in politics to push for regulations to gain control of it. But they don't understand the technology fully so they need to surpress and undermine it for now. Cryptocurrencies empower the people so much and they don't like it. They like to oppress people and making themselves richer in the process.
hero member
Activity: 1120
Merit: 507
August 08, 2016, 02:22:18 AM
#52
   Corporations are exist to make profit for some group of people. They are in everything around us, in every little store, shop, company, bank, government. I suspect they are in bitcoin already, but like everything they do its covered with secret.
   They earn money on everything, who knows maybe this fluctuations in bitcoin are done with help of some corporations, we know they have money and human power to do what ever they wish.
   
Yes, up to some extent the corporations have entered to the world of bitcoin, you can see a large number of companies here on this forum are running their business with bitcoin and they are very happy with it and are promoting the technology of bitcoin.
legendary
Activity: 1218
Merit: 1007
August 07, 2016, 02:59:34 PM
#51
I think that maybe only corporations related to IT tecnology are interested in Bitcoin and probably are involved in a way with it. Ohers still consider it too risky and not worth investing and doing business with it.
Actually, now that you mention it, some cyber-security and similar firms might be taking an interest in the blockchain, maybe as a new way to manage information flow? Layers of security? I don't know for sure, but it seems like the blockchain could have a lot of potential for use in other industries, and maybe they're already looking into it.
full member
Activity: 138
Merit: 100
August 07, 2016, 02:55:30 PM
#50
I think slowly and gradually they are understanding the value of bitcoin and its importance in their business, and so they are thinking and will sooner start to adopt bitcoin for their businesses, as we are seeing from now everyday someone start a business with bitcoin.
legendary
Activity: 2912
Merit: 1068
WOLF.BET - Provably Fair Crypto Casino
August 07, 2016, 01:41:29 PM
#49
I think that maybe only corporations related to IT tecnology are interested in Bitcoin and probably are involved in a way with it. Ohers still consider it too risky and not worth investing and doing business with it.
legendary
Activity: 2982
Merit: 1153
August 07, 2016, 01:36:17 PM
#48
How do the big corps feel about bitcoin?  How will they feel about bitcoin?  We know they are intrigued by the underlying technology of bitcoin, the blockchain.  Please back up your claims.

Big corps are interested with bitcoin like technology.  But I think they choose to stay away from bitcoin itself.  Reason is if they did not choose then they should have implemented staff that is related to bitcoin as  processors.  Anyway some industry that tried bitcoin are just for business purpose only, they see that accepting bitcoin can cover those enthusiast and can be their client.
legendary
Activity: 3052
Merit: 1281
Get $2100 deposit bonuses & 60 FS
August 07, 2016, 11:55:38 AM
#47
How do the big corps feel about bitcoin?  How will they feel about bitcoin?  We know they are intrigued by the underlying technology of bitcoin, the blockchain.  Please back up your claims.

Well most of them think it is just a fad from what we are seeing. No one really picked it up after the bitcoin bubble popped. But some do see the merits and benefits of blockchains for their internal use cases. But bitcoin itself remains an outsider and an "exotic" investment of sorts.
Reason for that is of course, they would have to consider the profitability of bitcoin in the future. If they feel as though they would, then they are sure to be investing in bitcoin.

Other than those advantages of bitcoin and blockchain applications, the force from their employees for their salary in bitcoin will make remarkable chances in their standing about bitcoins. I believe, most of corporations will adopt bitcoin with their own reasons similarly how individuals are doing right now.

Yeah the high volatility of bitcoin has something to do why big corporation are very hessitant to use it, Instead they can just issue a clone or fork of bitcoin and create a close economy where they can use it as payment for their employees.  I know someone  alreardy used this kind of strategy with fiat money.
hero member
Activity: 1414
Merit: 505
Backed.Finance
August 07, 2016, 08:49:58 AM
#46
Can you give any example for the corporations is interested in bitcoin? Whether just for the financial corporations is interested in bitcoin?In my minds bitcoin, there is a chance for making any corporations is interested about them.?

Can we add megaupload here? The owner kingDotCom announced that he will adding bitcoin as micropayments i think to be launch on 2017? I think its a welcome news in addition to sites who are embracing the use of bitcoin.
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