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Topic: Reason why businesses should accept Bitcoin payment - page 3. (Read 1246 times)

full member
Activity: 1022
Merit: 100
$CYBERCASH METAVERSE
Bitcoin acceptance in business will make thing so easy . It will save time . It will be so helpful for anyone even buyer or seller . Can make profit by its up n down position.. Many companies like Tesla is accepting cryptocurrency. And I think in future crypto will accept in all over the world instead of paper money . No tension of steal money and it will increase in amount if market goes up. So there are huge benefits of acceptance btc  in and business.
sr. member
Activity: 1330
Merit: 289
As you know it is modern world and new currency is introduced called crypto currency. Which got too much success in this time and many companies use Crypto Currency as payment asset like tesla,  axa insurance and many others. And businessman should accept bitcoin for improve payment method and for future survive.
Companies will like to make payment with cryptocurrency because they have seen the rotational value and long life spam of cryptocurrencies. This world is full of mimic and nobody will like not to be in queue of progress. it seems that bitcoin now is known world wide and entrepreneurs will like to embrace it by using it for importation and exportation bills of transactions as exchange, because no company that does not welcomed bitcoin as a means of exchange now.
sr. member
Activity: 2436
Merit: 343
Quote
Accepting Bitcoin as payment in a business is a good thing, though we have to remember there are two sides which are bullish and bearish. Maybe some businesses are afraid if they'll accept BTC as payment then it drops, but others have taken a risk to accept it and until now they've already made a profit because the price is not bad.
When you accepted bitcoin as a payment in your business, you beginning to feel positive things in your business as never before in your environment. Despite many investors are afraid of market bearish than bullish, it will be better for the investors to understand that when the market is bearish show that profit making is approaching in the market. Now that the price of bitcoin is still reducing in the market which no one know when the price will increase  to $60k before people will start making profits as usual.
Acceptance sounds very classy and has the class of a technologically advanced business but to think about the positive things in this acceptance is probably just a plus point in appearance and contributes to brightening the view of the business in the hearts of many people. The reason for this thinking is because currently, the number of businesses paying with bitcoin after pooling is probably only a few percent, the internals of these companies are also mostly cash, instead of bitcoin, customers and partners are no exception, businesses are very unlikely to be selfish and maintain bitcoin in their environment.
They are afraid to lose their money if the crash trikes and technically difference when you are using fiat money. Plus, the prone to hacking made them worry that one day they are a victim to hackers, can't neglect that especially when you hold a huge amount of Bitcoin.
I/we can push them to adopt the system and the community isn't ready enough as well. It can happen in the future and possibly will not. That I could say Bitcoin is just an option, not everyone will make use of this nor all the establishments will offer such payment option.
member
Activity: 148
Merit: 10
In my opinion, If only a small portion of your business is crypto then volatility affects you very little, and it would be good for you to learn the ropes and get stuff set up so you can grow with the userbase of crypto. If your product or service is something that crypto people like a lot you can get more revenue and sales.
member
Activity: 742
Merit: 12
Global peace initiative
Bitcoin best serve as a payment system and a scalable tools that most business will adopt bitcoin because it give a trance border transactions. Business that adopt bitcoin will have a hedge over those who are not accepting.
hero member
Activity: 1316
Merit: 502
Quote
Accepting Bitcoin as payment in a business is a good thing, though we have to remember there are two sides which are bullish and bearish. Maybe some businesses are afraid if they'll accept BTC as payment then it drops, but others have taken a risk to accept it and until now they've already made a profit because the price is not bad.
When you accepted bitcoin as a payment in your business, you beginning to feel positive things in your business as never before in your environment. Despite many investors are afraid of market bearish than bullish, it will be better for the investors to understand that when the market is bearish show that profit making is approaching in the market. Now that the price of bitcoin is still reducing in the market which no one know when the price will increase  to $60k before people will start making profits as usual.
Acceptance sounds very classy and has the class of a technologically advanced business but to think about the positive things in this acceptance is probably just a plus point in appearance and contributes to brightening the view of the business in the hearts of many people. The reason for this thinking is because currently, the number of businesses paying with bitcoin after pooling is probably only a few percent, the internals of these companies are also mostly cash, instead of bitcoin, customers and partners are no exception, businesses are very unlikely to be selfish and maintain bitcoin in their environment.
full member
Activity: 672
Merit: 100
For some reason it is not appropriate for Bitcoin to function as a B2C (Business to Customer) which is a business to provide services or sales of goods or services to individual or group consumers directly. Different with B2B (Business to Business), this type of business deals directly with consumers, not companies or other businesses. By using B2B payment of bitcoin transactions will function properly because the customer agrees with the terms of the bitcoin value, this business model is the right one for payment because the value of Bitcoin is unstable and it is decentralized
member
Activity: 434
Merit: 11
As you know it is modern world and new currency is introduced called crypto currency. Which got too much success in this time and many companies use Crypto Currency as payment asset like tesla,  axa insurance and many others. And businessman should accept bitcoin for improve payment method and for future survive.
sr. member
Activity: 2828
Merit: 344
win lambo...
Personally I don't see why many business wouldn't accept bitcoin as a payment form.  I think by adding bitcoin as a payment form it makes your business a bit more diverse in some ways.  I recently helped my dog groomer set up a little stand with a bitcoin QR code to be able to accept bitcoin from her customers.  This kind of set up is such a good idea in my mind.  Helps you diversify your payments into an investment as well.
I believe same as bitcoin will serve as edge over every transaction most especially in a business setting that payment is required and speed and scalability is desired. Cross border payment will be made easy.
That is the main objective of the creator to make no boundaries in transacting , faster and even easier .
But like what mentioned in above me , it is the Fee that most has concerned specially when congestion happens in which makes the fees more than multiple times than fiat sending.
and also People must learn how to use lightning network as this is really the best tools for small transacting , lets admit that until now only few are using this way even in micro transactions .
Even we like it but have to accept that we don't hold the fees and time over transactions as it will depend on the network loads. The congestions give trouble to those who want instant and this can never be possible for now, maybe in the future. Until this time, I think not even reached 1% who accept crypto payment or the number of users.

That I could think sometimes and I think this is really the future of crypto, and that to become solely for investment, not a currency which we thought of before. 
member
Activity: 416
Merit: 30
This is the Era of science and technology. There is a trend of modernism and advanceism everywhere. Today, people are ready to accept new ideas and new things. They are eager to participate and want to learn new technology-based things. Crypto is one of the same. Many companies and businesses are accepting payment in bitcoin, Some are making atmosphere to do so. In Future the as the scope and field of Bitcoin will spread more quickly. There will be no problem in receiving and paying payments in bitcoin.
full member
Activity: 2184
Merit: 184
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Quote
Accepting Bitcoin as payment in a business is a good thing, though we have to remember there are two sides which are bullish and bearish. Maybe some businesses are afraid if they'll accept BTC as payment then it drops, but others have taken a risk to accept it and until now they've already made a profit because the price is not bad.
When you accepted bitcoin as a payment in your business, you beginning to feel positive things in your business as never before in your environment. Despite many investors are afraid of market bearish than bullish, it will be better for the investors to understand that when the market is bearish show that profit making is approaching in the market. Now that the price of bitcoin is still reducing in the market which no one know when the price will increase  to $60k before people will start making profits as usual.
legendary
Activity: 2716
Merit: 1017
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I think using Bitcoin as a payment in a business is difficult to happen even though there was already some who offer it. Because many businesses accept e-wallet apps with digital transactions also use QR codes, this is like a Bitcoin payment system. And e-wallet is also supported by the government to be used as an easy and efficient payment. It is difficult for Bitcoin to compete if its existence is not recognized by the government.
member
Activity: 868
Merit: 38
Join hands and help me to grow everybody...
There’s no government authority that controls Bitcoin, which is the main reason behind its transparency. Decentralised Finance (De-Fi) provides plenty of advantages to investors and customers by eliminating central oversight and unnecessary intermediaries which reduces the overall transaction costs and time. Businesses should accept Bitcoin payments to avail these benefits of De-Fi.
Government have power over everything the thing is that government never come together to attack bitcoin because is if world government is talking the same or come together to have conference because of bitcoin they will succeed by eliminating bitcoin totally, why we are deliberating all this, is because bitcoin is only attacked by separate countries.
newbie
Activity: 15
Merit: 0
There’s no government authority that controls Bitcoin, which is the main reason behind its transparency. Decentralised Finance (De-Fi) provides plenty of advantages to investors and customers by eliminating central oversight and unnecessary intermediaries which reduces the overall transaction costs and time. Businesses should accept Bitcoin payments to avail these benefits of De-Fi.
full member
Activity: 2520
Merit: 204
Personally I don't see why many business wouldn't accept bitcoin as a payment form.  I think by adding bitcoin as a payment form it makes your business a bit more diverse in some ways.  I recently helped my dog groomer set up a little stand with a bitcoin QR code to be able to accept bitcoin from her customers.  This kind of set up is such a good idea in my mind.  Helps you diversify your payments into an investment as well.
I believe same as bitcoin will serve as edge over every transaction most especially in a business setting that payment is required and speed and scalability is desired. Cross border payment will be made easy.
That is the main objective of the creator to make no boundaries in transacting , faster and even easier .
But like what mentioned in above me , it is the Fee that most has concerned specially when congestion happens in which makes the fees more than multiple times than fiat sending.
and also People must learn how to use lightning network as this is really the best tools for small transacting , lets admit that until now only few are using this way even in micro transactions .
hero member
Activity: 3094
Merit: 606
BTC to the MOON in 2019
Personally I don't see why many business wouldn't accept bitcoin as a payment form.  I think by adding bitcoin as a payment form it makes your business a bit more diverse in some ways.  I recently helped my dog groomer set up a little stand with a bitcoin QR code to be able to accept bitcoin from her customers.  This kind of set up is such a good idea in my mind.  Helps you diversify your payments into an investment as well.
I believe same as bitcoin will serve as edge over every transaction most especially in a business setting that payment is required and speed and scalability is desired. Cross border payment will be made easy.
Talking about speed, that becomes unmeasurable knowing that it adds more traffic on the networks once we all use crypto. I expect delays during that time and I think this needs to address first before we got this biggest change and adoption. And we have to consider the fees and might to happen the people will still choose fiat money if that they can save the fees. Time and convenience really matter but if the confirmation is still in delays, can be a problem.
member
Activity: 742
Merit: 12
Global peace initiative
Personally I don't see why many business wouldn't accept bitcoin as a payment form.  I think by adding bitcoin as a payment form it makes your business a bit more diverse in some ways.  I recently helped my dog groomer set up a little stand with a bitcoin QR code to be able to accept bitcoin from her customers.  This kind of set up is such a good idea in my mind.  Helps you diversify your payments into an investment as well.
I believe same as bitcoin will serve as edge over every transaction most especially in a business setting that payment is required and speed and scalability is desired. Cross border payment will be made easy.
sr. member
Activity: 1484
Merit: 277
Personally I don't see why many business wouldn't accept bitcoin as a payment form.  I think by adding bitcoin as a payment form it makes your business a bit more diverse in some ways.  I recently helped my dog groomer set up a little stand with a bitcoin QR code to be able to accept bitcoin from her customers.  This kind of set up is such a good idea in my mind.  Helps you diversify your payments into an investment as well.
Indeed. It will make your business a little unique. Adding bitcoin as a means of payment will give you a better security. It will also avoid chargebacks. If i have my own business in the future, I would do it. Accepting payments with bitcoin is currently a great move and can earn more profit from bitcoins. But, you must also be ready and have a plan or strategies whenever bitcoin price dump because if ever you don't have, you might lose your money on it.
legendary
Activity: 2282
Merit: 3014
Personally I don't see why many business wouldn't accept bitcoin as a payment form.  I think by adding bitcoin as a payment form it makes your business a bit more diverse in some ways.  I recently helped my dog groomer set up a little stand with a bitcoin QR code to be able to accept bitcoin from her customers.  This kind of set up is such a good idea in my mind.  Helps you diversify your payments into an investment as well.
hero member
Activity: 2982
Merit: 610
We are now in the computer era, more and more things happen online and I think we should have to embrace and adopt such changes for us to become more productive. To adopt crypto and even make use of it doesn't mean that we are ripping off fiat money, it was just an alternative and I think it was very clear to us.
The use of crypto is still limited at this time, only a few have already accepted this. if this going to happen that establishments have this payment option, it could really be expected that many will also spend their crypto rather than converting it to fiat money and they save time in return.
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