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Topic: Do you agree that Bitcoin is nearly to be just like another business? - page 27. (Read 3198 times)

hero member
Activity: 910
Merit: 501
Well, to me bitcoin is not really like a business.
There is no real leadership, and the decision making process just takes too long. A business could not work that way.
To me bitcoin is like a complete economical ecosystem. A combination of bigger and smaller businesses.
And bitcoin is the glue that keeps those companies together.
legendary
Activity: 2478
Merit: 1951
Leading Crypto Sports Betting & Casino Platform
Of course I agree, bitcoin is the business in the world's most excellent and most advanced social media that I have ever known, in addition to the work we do everyday, we can also make money and save the coins that we get both long and short term , And we can get the coin through a bounty and ico

Bitcoin is not a business. Bitcoin is like gold. Bitcoin is used for payments. You do a business and earn bitcoin as you earn money.
Gold dont "asking for food" as bitcoin - the bitcoin infrastructure eats electrycity and depreciate.
sr. member
Activity: 448
Merit: 250
I think yes. You can say it just blocks of data, But it still deal with money. You can buy bitcoins and sell it to earn profit. That's already business transaction. You can work online to earn bitcoin and get income or should i say profit, that's already business. Many people invest on bitcoins so that they can earn more amount in the future and that's business. Through this examples, you can see that bitcoin is business
sr. member
Activity: 378
Merit: 250
Embrace change
Yes. Of course. Anyone can't deny it. However, the great thing about this business is the fact that it can make a difference. Bitcoin is currently the most popular cryptocurrency that can end world corruption, that can stop transaction delays and that can bring a new hope to all new and existing investors.
sr. member
Activity: 840
Merit: 268
Yes I think that bitcoin is just like another business in the sense that it includes money and when you risk money you can earn money or you can lose some. And in terms of many possibilities in business there are many possibilities in earning from bitcoin such as trading, gambling and many more. And as a business it sometimes hard to earn, but sometimes it is so easy. Like easy money. Well I agree that bitcoin is just a resemblance in business in other term if we apply it to the real world.
hero member
Activity: 2170
Merit: 530
Wow that really amazing here in my country bitcoin is accepted to pay our bills online and we can also withdraw our bitcoin via bank but it's already converted into fiat currency and hopefully here in my country atleast starbucks will accept bitcoin i will be amze and happy for that. They will make a good income for those who will accept bitcoin as payment gateway to their business.
full member
Activity: 602
Merit: 116
Of course I agree, bitcoin is the business in the world's most excellent and most advanced social media that I have ever known, in addition to the work we do everyday, we can also make money and save the coins that we get both long and short term , And we can get the coin through a bounty and ico

Bitcoin is not a business. Bitcoin is like gold. Bitcoin is used for payments. You do a business and earn bitcoin as you earn money.
full member
Activity: 773
Merit: 101
Soil.co - Earn USDT/USDC
Of course I agree, bitcoin is the business in the world's most excellent and most advanced social media that I have ever known, in addition to the work we do everyday, we can also make money and save the coins that we get both long and short term , And we can get the coin through a bounty and ico
legendary
Activity: 2478
Merit: 1951
Leading Crypto Sports Betting & Casino Platform
Bitcoin nearly to be an instrument. When volatility will decrease much more It will be better instrument for biz.
full member
Activity: 193
Merit: 100
Bitcoins usage makes different kind of business not the Bitcoin itself.
Well of course there are so many projects and ICo and crowdsale today because of Bitcoin and they are showing to the public different kinds of business but the thing here is Bitcoin has a worldwide features that can be used to almost all types of business.

Regarding to the mechants that accept btc as a payment, we can't tell how large the cap now but we're sure that the numbers are growing and other merchants don't accept btc as a payment because of the prices high ups and downs. If this become stable, this will be another story.
sr. member
Activity: 1246
Merit: 255
You are right, it really making up nice income. its a reliable business..
sr. member
Activity: 672
Merit: 251
Content| Press Releases | Articles | Strategy
The fundamental difference between Bitcoin and businesses is this:


I know lots of businesses that will accept Bitcoin in trade for their products which makes it a means of transferring value aka money.  Can you walk into the blockchain and offer it some business to get coin?  No. 

You can buy things with btc but you can't buy things with business.  Get what I mean?
hero member
Activity: 590
Merit: 500
Many businesses we can make with bitcoin.
But for now it can not be because in our area bitcoin still not popular, so there are still many obstacles to doing business using bitcoin.
hero member
Activity: 924
Merit: 502
The same business but with a new strategy in bitcoin world, with your investment can generate more profit.
Bitcoin is not just a business but it's a kind of saving for future. It is a safe and Secure business a lot of people are earning through Bitcoin now a days. People invest and get profit. It is as simple as it looks like no worries no loss no extra payment. Many people select Bitcoin for trading. They trade and get profit and then invest more money in Bitcoin for future as well. So this amazing change in our life has changed our Lifestyle so much and we are taking good benefit from it.
Bitcoin is not a business. Bitcoin is a currency. Business is trade of that currency on the exchange. But it seems to me that this approach to bitcoin distorts the meaning of the emergence of bitcoin. If the use of bitcoin will not change the fact he can turn into a bubble.
You're right. I don't really believe right away not unless it will change its direction of business. We expect a lot from bitcoin's strategy from trading, exchanging currency and a lot more. It's uniqueness help many of us to survive and to live that we're making most of the time about bitcoin. It's already part of our daily living. So whether others control btc to be the same as another business, maybe btc won't be good because people might think it's just the same method. Therefore, don't be the same with other business.
sr. member
Activity: 434
Merit: 255
The same business but with a new strategy in bitcoin world, with your investment can generate more profit.
Bitcoin is not just a business but it's a kind of saving for future. It is a safe and Secure business a lot of people are earning through Bitcoin now a days. People invest and get profit. It is as simple as it looks like no worries no loss no extra payment. Many people select Bitcoin for trading. They trade and get profit and then invest more money in Bitcoin for future as well. So this amazing change in our life has changed our Lifestyle so much and we are taking good benefit from it.
Bitcoin is not a business. Bitcoin is a currency. Business is trade of that currency on the exchange. But it seems to me that this approach to bitcoin distorts the meaning of the emergence of bitcoin. If the use of bitcoin will not change the fact he can turn into a bubble.
member
Activity: 84
Merit: 10
Yes, there is a desire to work with cryptococler. So we're planning to start as soon as possible.
hero member
Activity: 910
Merit: 509
The same business but with a new strategy in bitcoin world, with your investment can generate more profit.
Bitcoin is not just a business but it's a kind of saving for future. It is a safe and Secure business a lot of people are earning through Bitcoin now a days. People invest and get profit. It is as simple as it looks like no worries no loss no extra payment. Many people select Bitcoin for trading. They trade and get profit and then invest more money in Bitcoin for future as well. So this amazing change in our life has changed our Lifestyle so much and we are taking good benefit from it.
hero member
Activity: 2184
Merit: 531
More than 50,000 U.S. merchants already accept bitcoin, and you may soon fall behind your competitors if you don’t have a plan for dealing with cryptocurrencies.
Over the short term, it means getting educated about the technology and adapting some business processes. Over the long term, it offers increased simplicity, greater efficiency and lower costs.

Merchants will drop bitcoin support if we can't get segwit + lightning networks to cater for global merchant adoption.

It's the only way out, if we can't get this shit together and working, bitcoin will just stay with it is, and will probably stagnate in price.
You're right, nobody will use Bitcoin when fees are jumping like crazy. One day it's ok to set a 50sat per byte fee and the next you need 100. Users won't have time to check fees before sending every single transaction, especially while shopping.
Segwit is only a temporary solution. It will make things better for now, but in 2 - 3 years we'll need another block update.
I'm not against it, but we should start looking for a more permanent option.
sr. member
Activity: 322
Merit: 250
More than 50,000 U.S. merchants already accept bitcoin, and you may soon fall behind your competitors if you don’t have a plan for dealing with cryptocurrencies.
Over the short term, it means getting educated about the technology and adapting some business processes. Over the long term, it offers increased simplicity, greater efficiency and lower costs.

The fact remains the business world is gradually changing from business focus to customers focus in that they are ready to make you the client happy and stress free and if its bitcoin that with make that happen, they are ready to adopt. However, the moment why is to make life easier turn out to be a nightmare, I see adoption of other means to achieve that objective whether we like it or not and that is why I agree with one of the posters above that we need to get things right with bitcoin other wise those people propagating the news of bitcoin are ready to jump ship at any time.
legendary
Activity: 2296
Merit: 1038
Bitcoin Trader
Bitcoin is used as a means of payment rather than a business, but you can create your own business by introducing bitcoin as well to others
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