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Topic: Its coming i faster and would shock most people - page 4. (Read 824 times)

sr. member
Activity: 1120
Merit: 272
First 100% Liquid Stablecoin Backed by Gold
We can't deny that bitcoin is progressing and is doing its best to reach the mainstream and deal with the market.

Bitcoin as a choice in payment method is not impossible especially that some businesses or companies are already doing it.

This is really the future of digital currency, there are a lot of new things and opportunities in bitcoin that will make us grow more as an investor and as a fan. Some governments are also seeing this positive impact of bitcoin in the market and economy that's why some of them are allowing it to enter their economy.

hero member
Activity: 3164
Merit: 937
I luxury US hotel will begin to accept cryptocurrency payments.
What is so shocking about this?Your title is clickbait. Grin
Hotels were hit badly by the coronavirus pandemic and the lockdowns,so they are desperate for solutions that will bring them more customers(I really doubt that accepting crypto payments will bring more customers).
Anyways,every business that accepts crypto payments is good news for us.The the institutional investors will be in the crypto army and they will be followed by many B2B and B2C companies.
full member
Activity: 1498
Merit: 146
Friends, I think the moment we've been waiting on is fast approaching and should it come as a shocker to most of us. O saw this on coindesk.
https://www.coindesk.com/luxury-us-hotel-group-now-accepts-bitcoin-dogecoin-and-other-cryptos?amp=1

what would our reaction be like?
When bitcoin and crypto finally emerges as the future?

Well uhmmm, we still won't reap the world into halves but then, it's going to be something for the crypto community.

What could that something be for you, haven't scaled through the scarry news of your investment days and have finally over came the challenge.
It is not a scary news for a crypto enthusiast who actually wanted to spend their cryptos and maybe holders will be worried but wait this is just the first step we still a long way to go before the cryptocurrency actually adopted as currency and its value is getting stabilized at some value.
full member
Activity: 2170
Merit: 182
“FRX: Ferocious Alpha”
This may help but not to the extent that will happen faster , How many hotels are these ? and how many crypto users will use their services ?

Not because they are accepting bitcoin meaning Hotel users will Buy bitcoin to use for their stay lol.

and remember that those are only for luxurious thing and not as a daily base circulation.
legendary
Activity: 3136
Merit: 1172
Leading Crypto Sports Betting & Casino Platform
Friends, I think the moment we've been waiting on is fast approaching and should it come as a shocker to most of us. O saw this on coindesk.
https://www.coindesk.com/luxury-us-hotel-group-now-accepts-bitcoin-dogecoin-and-other-cryptos?amp=1

what would our reaction be like?
When bitcoin and crypto finally emerges as the future?

Well uhmmm, we still won't reap the world into halves but then, it's going to be something for the crypto community.

What could that something be for you, haven't scaled through the scarry news of your investment days and have finally over came the challenge.

Crypto is being adopted in many institutions and business but still many people don't take it seriously. By the time majority of the world population would realize that they should have some bitcoins with them, they would be shocked to know the price of bitcoin. We would be considered lucky holding and accumulating bitcoins in the past and present days.
legendary
Activity: 3542
Merit: 1965
Leading Crypto Sports Betting & Casino Platform
I can still remember back in the day when a large cigar shop (franchise) decided to accept Bitcoin as a payment option. Everyone was excited, because that was supposed to be the event that triggered mass adoption of Bitcoin as a payment option... but as we can see now, it is still not the case.

Bitcoin will not go mainstream as a "Currency" ...if the governments of the world keep on defining it as a "Commodity"  Angry  The large companies have to adhere to the rules and guidelines of their governments and they will never do this without their approval. (Until then, companies will use Payment processors to convert Crypto back to Fiat)  Roll Eyes
legendary
Activity: 2534
Merit: 1338
Friends, I think the moment we've been waiting on is fast approaching and should it come as a shocker to most of us. O saw this on coindesk.
https://www.coindesk.com/luxury-us-hotel-group-now-accepts-bitcoin-dogecoin-and-other-cryptos?amp=1

what would our reaction be like?
When bitcoin and crypto finally emerges as the future?

Well uhmmm, we still won't reap the world into halves but then, it's going to be something for the crypto community.

What could that something be for you, haven't scaled through the scarry news of your investment days and have finally over came the challenge.
The world wide adoption of bitcoin seems to me finally to be inevitable, while many of those that are here in the forum thought this was the case we still need to recognize there were moments in which bitcoin seemed to be used only by speculators and nothing more, but new estimates put the number of bitcoin users at very high levels so it does not really matter if the adoption happens slowly or if it is a fast process since we know it is coming and that is a great news.
legendary
Activity: 3346
Merit: 1352
Leading Crypto Sports Betting & Casino Platform
It's not going to be very smooth. One advantage in accepting payments through a credit or debit card is that additional ID verification is not needed. But since Bitcoin is a semi-anonymous digital asset, the business may ask for ID verification at the time of payment. Another issue that concerns me is the tax liability. Every time you use cryptocurrency to make a payment, it needs to be shown in the tax return. And you need to specify the prevailing exchange rate at that point as well, which is going to be cumbersome. If you make payments through credit card or PayPal, then you don't need to go through this nonsense.
mk4
legendary
Activity: 2870
Merit: 3873
Paldo.io 🤖
Maybe they want to get into the doge scene early and want to accumulate as much as possible, remember the 20k bitcoin pizza? That might be the same as this. I think that this is a good thing because with big business like hotel and other leisure services, the recognition of bitcoin and other cryptocurrency is going to increase with more people seeing that their resorts are accepting cryptocurrency.

Ehh I'd like to be optimistic and think that businesses likes to hold their crypto but no, most probably not. They're accepting payments through BitPay, which businesses mostly use so they wouldn't need to actually hold cryptocurrencies as the crypto payments are automatically converted to fiat the moment they receive the payment. Even if they'd want to hold crypto, it'll most probably be a tax nightmare.
sr. member
Activity: 1624
Merit: 315
Leading Crypto Sports Betting & Casino Platform
Bitpay makes it all possible. Businesses like hotels accepting BTC and stablecoins are entirely believable but wanting doge is pretty much funny. I like doge I have some doge but it's just too early for them to really think the coin is going to be a real investment yet since there is no assurance yet whether the quick rise of DOGE could be sustainable in the long run.
Maybe they want to get into the doge scene early and want to accumulate as much as possible, remember the 20k bitcoin pizza? That might be the same as this. I think that this is a good thing because with big business like hotel and other leisure services, the recognition of bitcoin and other cryptocurrency is going to increase with more people seeing that their resorts are accepting cryptocurrency.
legendary
Activity: 4410
Merit: 4788
Friends, I think the moment we've been waiting on is fast approaching and should it come as a shocker to most of us. O saw this on coindesk.
https://www.coindesk.com/luxury-us-hotel-group-now-accepts-bitcoin-dogecoin-and-other-cryptos?amp=1

just checked their website.. seems bitcoin is not on they payment options at booking..
...
read their announcement and it seems when you request a invoice then and only then can they email you an invoice that includes a bitpay option

its kind of like the old..  'dont mention they can pay with airmiles unless they specifically ask'
mk4
legendary
Activity: 2870
Merit: 3873
Paldo.io 🤖
What would my reaction be? Meh, not surprised. Such news doesn't even surprise me that much anymore because adoption is pretty much almost inevitable at this point, the question is just how slow or how fast are we going to get there.
hero member
Activity: 3038
Merit: 634
We won't be able to see the impact of that good news in an instant. But just like the other companies and merchants who have announced and started accepting payments in bitcoin, they're the same as those.

And if the other companies who have seen them do it and it's possible through BitPay, they're also going to adopt and do as this company did. The companies who are still in doubt would now come to an idea that it's possible to accept bitcoin through their customers and receive it through USD.
hero member
Activity: 2800
Merit: 595
https://www.betcoin.ag
Bitpay makes it all possible. Businesses like hotels accepting BTC and stablecoins are entirely believable but wanting doge is pretty much funny. I like doge I have some doge but it's just too early for them to really think the coin is going to be a real investment yet since there is no assurance yet whether the quick rise of DOGE could be sustainable in the long run.
sr. member
Activity: 1918
Merit: 370
As bitcoin becomes noticeable on the internet, more establishments, figures, and entities will jump into the hype in hopes of becoming and/or staying relevant to the growing demands of the people. So the main point here is if we want to hasten the process of bitcoin being adopted and accepted by every country on this planet, we should talk more about it. At least that's how I see it.
sr. member
Activity: 1330
Merit: 326
Companies, other business like hotel, real estate and more fields are now accepting the new trend. Since many people are already into cryptocurrency payments, using blockchain system to improve their business will lead to some positive impact with both cryptocurrency and to their company as well.

As crypto payments continues to become popular with the first companies who have tried to integrate it to their system. Thus, this new kind of accepting crypto coins will make it more significant prominence to the business industry.
legendary
Activity: 1554
Merit: 1139
Friends, I think the moment we've been waiting on is fast approaching and should it come as a shocker to most of us. O saw this on coindesk.
https://www.coindesk.com/luxury-us-hotel-group-now-accepts-bitcoin-dogecoin-and-other-cryptos?amp=1

what would our reaction be like?
When bitcoin and crypto finally emerges as the future?

Well uhmmm, we still won't reap the world into halves but then, it's going to be something for the crypto community.

What could that something be for you, haven't scaled through the scarry news of your investment days and have finally over came the challenge.
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