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Topic: One of the world's largest accounting firms starts accepting Bitcoin (Read 450 times)

hero member
Activity: 1008
Merit: 510

This will help to legitimize Bitcoin in the eyes of skeptics. Every time a major company accepts Bitcoins, it is a positive not just for Bitcoin but for the cryptocurrency community in general.

These are all baby steps to mainstream adoption which in also means stability in price and confidence in cryptocurrencies.
member
Activity: 126
Merit: 16
Wow this is huge for all us in the bitcoin community because if an accounting firm which is trusted, influential, and rather has a huge public trust not just to the public government trusted and accepting bitcoin then this will be the start of a step by step for bitcoin for other firms and hopefully the whole government to accept bitcoin. Thanks for spreading this article.
full member
Activity: 266
Merit: 122
Maybe this accounting firms really show the good opportunity they can get by accepting bitcoin, of course as accountants know how long term investment that has a higher chance of success can change the asset of a certain person or company. I am also an accountant and I'll be glad also if I'll be paid in bitcoin after doing some of auditing jobs maybe after few more years I don't need to work anymore and just established my own business using all my bitcoin earnings.
member
Activity: 420
Merit: 10
Ini adalah kabar baik yang akan membawa perubahan pada legalitas Bitcoin di beberapa negara lain ...
hero member
Activity: 3080
Merit: 603
Nice I read Ernst Young too showed interest to bitcoin as per this article. An accounting firm for bitcoin? Come on this is a very positive news for all of us. Hold you coins and be prepared for the positive outcome of this news. When a big company says go to bitcoin, it will skyrocket.
full member
Activity: 209
Merit: 100
This has promoted the better development of bitcoin.
When more industries and scenarios can use bitcoin or digital currency, people know the bitcoin and digital currency correctly and have a positive impact on Bitcoin and digital currency development.

This is a great news for bitcoin and it's users. To be able to be  accepted by one of the largest accounting firms is a great privilege. Because it will be a great way for bitcoin to be endorsed. Atleast people will be convinced and people will believe in bitcoin because it will be proven by a well known business especially a firm.
full member
Activity: 474
Merit: 101
I think not accepting bitcoin is more surprising than accepting it, as it becomes a source for growing up our incomes and profits .
But anyway , it's a good measure that PwC took ( I guess it's late a bit ) but coming late is much better than not coming at all
full member
Activity: 286
Merit: 100
Cryptics
It's a very good news, adoption is starting to come and this will be a good advertisement for a lot of their client. More people will become interested in bitcoin, do some research and know the truth, and finally the guys at wall street can't do anything about it
sr. member
Activity: 1498
Merit: 251
KUWA.ai
The mass adoption for bitcoin is real and it's real close! after Nasdaq plans to introduce bitcoin futures and now it's the adoption by one of the world's largest accounting firms.
Now I can see that why the price of bitcoin is always increasing time by time, because people are really interested to bitcoin's system which is blockchain and its efficiency!
newbie
Activity: 27
Merit: 0
This has promoted the better development of bitcoin.
When more industries and scenarios can use bitcoin or digital currency, people know the bitcoin and digital currency correctly and have a positive impact on Bitcoin and digital currency development.
hero member
Activity: 1834
Merit: 759
Quote
Accounting firms have shown more interest in digital coins than Wall Street banks.

Lmao, I wonder why.

This is great news though. If anything can convince the public that Bitcoin is the real deal, it's the financial sector buying in. If the same people you pay to do your taxes and manage your finances think Bitcoin is a viable currency, then I'm pretty sure you would be inclined to believe them lol. The revolution is really starting to take off with the Bitcoin stigma starting to fade away. Next up, scaling issues!
hero member
Activity: 1484
Merit: 516
Thank you for sharing the good news information for all of us,I think actually they see the BTC price is getting higher.By the way who does not want to accept BTC which every year is getting up and already in trust all parts of the world Smiley Apart from that I'm very happy to see this.
hero member
Activity: 1148
Merit: 523
CryptoTalk.Org - Get Paid for every Post!
This news is useful for all the competitors many of the clients are like to this news. In future it will access anywhere and anyplace in all over the world is possible. I am waiting for that news. This is the more secured system for both of them so all are wish to wait that moment. Bitcoin should more trusted cryptocurrency in digital market.
sr. member
Activity: 686
Merit: 257
Wow, PWC is one of the companies that I least expected to receive BTC as a payment method. But still, this is indeed good news to Bitcoin as more big companies are adopting.
legendary
Activity: 3080
Merit: 1353

Quite surprise to see one of the big four accepting bitcoin now as payment.

Quote
The announcement, which was reported first by The Wall Street Journal, was made by Raymund Chao, chairman of PwC Asia-Pacific.

“This decision helps illustrate how we are embracing new technology and incorporating innovative business models across our full range of services," Chao said in a statement.

Please take note that its was announced by their Asia-Pacific Chairman. So no wonder that they accepting it because Asia is leading the way as far as bitcoin adoption is concern. They know that, so it only makes sense for them to accept it and try to test in Asia. Everyone is really trying to get on-board before this whole crypto-currency immediately explode in the next coming years. And usually this accounting firms clients are also in the top 100-500 of Forbes list. So those who's who in the industry now will have the options to pay them. So its gonna be a real boost to our ecosystem.
sr. member
Activity: 644
Merit: 261

Knowing that they are the one who do the auditing of various companies then it is good they are accepting bitcoin. It might be a good way then of introducing bitcoin to their clients and since their clients are those big companies then it would be a good way of explaining to their clients what bitcoin is all about. The companies' executives are bound to listen more to the auditors than any other people because they are the one who knows the latest policies and procedures related to financial issues including bitcoin and since it is one of the biggest accounting firms, bitcoin would become more trusted.
full member
Activity: 322
Merit: 111
Revolutionized Rotating Savings & Borrowings
Excellent news it seems everyday a few firm, fund, or corporation embraces bitcoin. I literally cannot wait for what 2018 has to bring  Smiley. CME futures gonna pump and that NASDAQ coming in later in 2018 is gonna make BTC is gonna be a sick moonshot!
full member
Activity: 504
Merit: 101
A news like this is a very good news to us all who loves bitcoin and other altcoins. For sure in the future all of accounting firms will accept the way this accounting firm do. After that, there will be more good things to happen.
legendary
Activity: 1218
Merit: 1007
That's interesting in one way, but seeing that they also had a paper back in 2014 based around the potential use of cryptos doesn't make this too surprising. They were probably waiting for it to hit the $10k point so they would have a lot more confidence in the concept and believe that it has a legitimate place in the future of online commerce, and likely real-life banking as well. I don't know how much business they'll get out of it, but they might get a fair amount of value from higher-profile people should they need these kinds of services.
sr. member
Activity: 700
Merit: 257
A great news for all of us, I cannot wait for other firms to accept bitcoin as their payment as well especially in our country I am waiting for the Mall's to accept bitcoin as one of the payment method, if that happens, bitcoin will be more popular and a lot of users/investors will be interested in it.
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