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Topic: Which big company will adopt bitcoin first? and why? (Read 403 times)

hero member
Activity: 644
Merit: 501
In my opinion no big company will adopt Bitcoin. They would rather develop their own blockchain.
newbie
Activity: 1
Merit: 0
All firms will accept ... soon
newbie
Activity: 196
Merit: 0
Tripleclick was one of big company accepting Bitcoin for buying and selling Goods. I have used Bitcoin to purchase many times form them. But it maybe because of the coin market... Which is s down maybe the reason why some stopped accepting but later they with reap massive gain. If you have bitcoin keep holding because after April may will start bring money massively. So take your risk now. Don't put a your egg in one basket..
legendary
Activity: 1876
Merit: 3132
Big companies will accept Bitcoin when Satoshi's dream will come true :
A fast, secure and cheap money!
Today, everything goes wrong, it's a very slow, unsecure and expensive money!

Actually, right now, Bitcoin isn't slow. Transaction fees are fairly low, about 1 sat/b, and they confirm after few blocks. Big companies don't care what was the original vision of Satoshi Nakamoto. My guess is that adoption will play a huge role here. You also mentioned Lightning Network, I agree with you that it will help Bitcoin to become more, but we are still far from its wider adoption.  Bitcoin deflationary nature might slow this process.
full member
Activity: 378
Merit: 104
Tons of big companies have 'adopted' it and proven why others won't bother for a long time to come. No one who has it wants to spend it in case it's worth more in the future. Anyone who doesn't have it isn't going to bother buying something to buy something.

Retail will be the last thing to slot into place, if ever.

Haha, I guess that's kind of the problem then, isn't it? I love deflated currency but it does seem like no one wants to spend bitcoin... So how do we get to the point where people will want to? Once markets stabilize?
full member
Activity: 560
Merit: 112
Adaptation means receiving cryptocurrency as a way of payment or advertising any crypto related companies as an advertising window for it. If this is the last one is definitive then Facebook has adapted this technology for a much longer now, even with regulation on this year alone at least they’ve opened the eyes of the public and one reason of the popularity of bitcoin. As Amazon, rumors receiving bitcoin as payment w/out the official announcement from the CEO and owner it would not prosper.
full member
Activity: 453
Merit: 104
Which big company will adopt bitcoin first? and why? (Amazon/NetFlix/Facebook/ebay/ etc...)
Actually, amazon not really accept bitcoin, it's only use vendors to manage their transactions so it's only recieve usd. Most likely the financial and technology industry will be the first to adopt bitcoin/blockchain technology. Attores is building a platform that simplifies the creation, deployment and execution of smartcontract on blockchain. Anyway, bitcoin price is so fluctuates which is not suitable to be used for keep the profit for short term but will be more profitable for long term, holding stocks or bitcoin for long term is always profitable.
full member
Activity: 448
Merit: 107
CryptoSport
Big companies will accept Bitcoin when Satoshi's dream will come true :

A fast, secure and cheap money!

Today, everything goes wrong, it's a very slow, unsecure and expensive money!

Encourage the lightning network and try to prevent Bitcoin from "False" Bitcoin!

Bitcoin is the real Bitcoin.
legendary
Activity: 1316
Merit: 1004
FRX: Ferocious Alpha
Amazon has registered three website domains with the name crypto currencies.They had already been discussing to accept bitcoin payments.But just to implement it,they have delayed till now.

Amazon registered amazonethereum.com, amazoncryptocurrency.com and amazoncryptocurrencies.com last year.
But they registered amazonbitcoin.com a few years ago already. I don't think they are/have discussed to accept bitcoin payments.
As far as i remember these domains were bought to make sure they won't be used for scams/shady stuff by other people.

Do you have a source for the discussion about accepting BTC payments?

My guess is that he's just speculating.

I think now all big companies will wait the regulation procedures after G20 come to agreement that crypto currencies need a regulations and will do it this year.
legendary
Activity: 1624
Merit: 2481
Amazon has registered three website domains with the name crypto currencies.They had already been discussing to accept bitcoin payments.But just to implement it,they have delayed till now.

Amazon registered amazonethereum.com, amazoncryptocurrency.com and amazoncryptocurrencies.com last year.
But they registered amazonbitcoin.com a few years ago already. I don't think they are/have discussed to accept bitcoin payments.
As far as i remember these domains were bought to make sure they won't be used for scams/shady stuff by other people.

Do you have a source for the discussion about accepting BTC payments?

full member
Activity: 358
Merit: 118
Which big company will adopt bitcoin first? and why? (Amazon/NetFlix/Facebook/ebay/ etc...)

I hope amazon a leading retailer will adopt the bitcoin. They already started to discussing about the use of bitcoin as a payment. The value of bitcoin has to be somewhat stabilized before being utilized by the amazon. If bitcoin has been adopted  by amazon it can promote the potential of cryptocurrency.
newbie
Activity: 252
Merit: 0
There is no certainty on it. But I don’t think it will be Microsoft. Recent statement of Bill gates on crypto allow me to think so. I think I can be Amazon, as I have it has quite a lot interest on it. It can be Twitter too.
full member
Activity: 490
Merit: 106
Which big company will adopt bitcoin first? and why? (Amazon/NetFlix/Facebook/ebay/ etc...)
There are big companies that already accepting/adopted Bitcoin as means of payment, take a look at this article https://steemit.com/bitcoin/@steemitguide/2017-top-list-of-big-companies-that-accept-bitcoin-and-cryptocurrencies But if you want to know which on those big companies you stated above will accept Bitcoin first, is no one can really tell, amazon had bought some domain names which are related to cryptocurrency so there is a chance that it will accept Bitcoin in the future. About other big companies like facebook I think they would rather create their own cryptocurrency running on their platform than adopting any other cryptocurrency that they can't control.
hero member
Activity: 952
Merit: 500
Which big company will adopt bitcoin first? and why? (Amazon/NetFlix/Facebook/ebay/ etc...)
I think that Amazon would be the front runner to adopt bitcoin first.Already Amazon has registered three website domains with the name crypto currencies.They had already been discussing to accept bitcoin payments.But just to implement it,they have delayed till now.So they would revolutionize the whole online industry with such a move.
newbie
Activity: 100
Merit: 0
i wish amazon adopt the bitcoin because of being an international company it will make easy for the amazon if they use bitcoin for payments
hero member
Activity: 3080
Merit: 603
I do care on what big company is about to adopt bitcoin but there's no need to ask on whom will be the first one and why. And answers why they will adopt it first probably it's because the popularity of bitcoin is increasing and it's rapid growth can't be ignored anymore.
I don't think any of them will adopt Bitcoin. More likely they will adot the Blockchain technology tho.
Seems plausible but they can't ignore bitcoin so they will also adopt it.
full member
Activity: 387
Merit: 106
When it comes to these big corporations, adoption of Bitcoin is not just an economical case, but a political one. Therefore, if and when it will be politically convenient, all of the biggest corporations will probably adopt bitcoin at the same time or so, since they all are in cahoots with US government.
full member
Activity: 728
Merit: 103
Amazon will probably be the first, I doubt they will allow direct retail transactions but they might use their own version of bitpay converting bitcoin to fiat. For direct bitcoin payments perhaps their cloud servers will accept it as some are used for crypto mining anyway Grin
sr. member
Activity: 630
Merit: 257
I think Amazon will be adopting Bitcoin as payment. Amazon being a leading retailer chain has well oriented buyer and seller base. Even a news was flashed some days back on forum that Amazon has bought some blockchain domain name and working to launch a platform that accept Bitcoin and other popular crypto-currency.
newbie
Activity: 196
Merit: 0
But I don't think so, they will not use bitcoin but they will make their own coin. And I think that's more effective ways, because they can set their advantages and feature, like cheaper fee, faster payment and etc.
and I think is some big company use Bitcoin, I think isn't too effective, because fee of bitcoin enough expensive for me, and if I buy goods from amazon, and I pay with bitcoin I will charged by enough expensive fee.
So to fix that problem, I think make own coin will be an good solutions if they want to use Blockchain technology. And I think this will be more easy and safe to do payment.

My thought also,they will most likely make their own coin.In any case,it will be a major drive towards the general acceptance of cryptos as a means of payment  by all
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