General Motors May Start Accepting Bitcoin If There's Customer Demand - page 3.

NicNacCoin

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Quote from: Leviathan.007 on June 16, 2021, 10:58:18 AM

General Motors CEO Mary Barra told CNBC on Wednesday that "nothing is stopping" her company from accepting Bitcoin payments:
"There's nothing that precludes us from doing that. We'll be driven by our customers."
Barra claims that GM is trying to "simplify" its customers' shopping experience and ownership.
In February, after Tesla bought $ 1.5 billion worth of bitcoin, Barra said her company would evaluate bitcoin acceptance.

Source: https://u.today/general-motors-may-start-accepting-bitcoin-if-theres-customer-demand-says-ceo-mary-barra

Actually all business systems completely depends on customer demand and needs. If customers don't have to buy motors with bitcoin and others cryptocurrencies,then it would not be acceptable. But if they are interested,then it could be accepted.

avikz

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Quote from: Leviathan.007 on June 16, 2021, 10:58:18 AM

General Motors CEO Mary Barra told CNBC on Wednesday that "nothing is stopping" her company from accepting Bitcoin payments:
"There's nothing that precludes us from doing that. We'll be driven by our customers."
Barra claims that GM is trying to "simplify" its customers' shopping experience and ownership.
In February, after Tesla bought $ 1.5 billion worth of bitcoin, Barra said her company would evaluate bitcoin acceptance.

Source: https://u.today/general-motors-may-start-accepting-bitcoin-if-theres-customer-demand-says-ceo-mary-barra

I am very surprised to see such statement is coming from Mary. The risk appetite of GM is not good. They are always scared about exploring new markets and don't have the capability to stay in a market for a long time if challenges are thrown to them. They always try to avoid risks. So such statement about accepting bitcoin is either a gimmick or her personal preference. I will be shocked if GM actually starts accepting bitcoin as one of their payment methods.

btc_angela

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Merit: 551

Of course, everything is customer driven, if there is a customer demand then definitely they will accommodate it. The problem is how will they know if there is a demand on their products from their customer?

And pretty sure that there will be, as crypto on bitcoin is slowly going mainstream, so still a win win for companies such as General Motors to accept it outright, just my opinion.

Leviathan.007

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General Motors CEO Mary Barra told CNBC on Wednesday that "nothing is stopping" her company from accepting Bitcoin payments:
"There's nothing that precludes us from doing that. We'll be driven by our customers."
Barra claims that GM is trying to "simplify" its customers' shopping experience and ownership.
In February, after Tesla bought $ 1.5 billion worth of bitcoin, Barra said her company would evaluate bitcoin acceptance.

Source: https://u.today/general-motors-may-start-accepting-bitcoin-if-theres-customer-demand-says-ceo-mary-barra

Topic: General Motors May Start Accepting Bitcoin If There's Customer Demand - page 3. (Read 384 times)