Topic: Which other company will support Bitcoin next? - page 3. (Read 653 times)

Elon Musk can push the market because he is one of the whales. He is loved because He support the crypto market and be one of the investor. For the popular conglomerate, Elon really have the influence because of his choice and his mind about Crypto Meanwhile there are many crazy rich that never interested with Crypto such as Warren Buffet. He is enough hated by many crypto investor, but what He said cant give any influence for market, right ?

Oh but it can. Elon Musk was loved by a lot and he has a very influential following that also has a knock on effect. If this was Amber Heard Tweeting about DOGE, or some equally hated rich person like say Ed Woodward, you think people would be breaking down the walls to buy DOGE? No way jose:)

It normal that Paypal and the Tesla integration of Bitcoin will inspire more companies to add Bitcoin to their procedure of payment but despite the benefits of Bitcoin integration, some companies won't support the motives while some companies will.
Meanwhile, it hard to know what will happen in the crypto market after this year which I believe bearish is what will happen and some of the companies that support crypto may choose to remove it due to their lack of knowledge cause they are into Bitcoin because of profit.

In the investment world, I dont think that love or hate on a individual can be a indicator to push the market. But, who is the whale and what the whale said is the biggest issue that really can influence the market. The point is who have much money and be the whale in this market, thats enough! No matter, he is hated or not. As long, he buy many BTC, it means he support the price.

Don't forget though, people in this space. All the Tiktok videos and influencers and gamers and redditors. These are nerds and geeks like us who actually do love Elon Musk and Tesla. They respect him.

I am not sure Apple is as well loved or respected, in fact I see it get a lot of hate.

It'll be a different thing if Apple adopts BTC because Microsoft did it in the past too remember?

or maybe some of these companies are in the late stage of implementation already. of course, we will know it once they publicly announce the integration of btc or crypto in their system. but more then likely, a lot of companies are already looking into this.
when paypal and tesla announced the integration of crypto, i guess, some of these big companies are also into this but they still have reservations to announce it to the community. let's wait and in time, we will know these companies that will finally join this crypto revolution.

It is not a lie, compared to the "normal" world and the fiat system, the percentage of bitcoin owners is low. I like to ask 10 people in the Freundeskreis and I can't get 3 out of 10. Bitcoin could be so big and valuable, but at least 6 out of 10 should have btc and then the rest will come by itself.

After the Tesla announcement, I was looking forward to Apple Company being the next giant company that will go and uses bitcoin, as the Apply company I just think that bitcoin will fully suit Apple.

I mean Apple is of the top giant companies and seeing this company invest in bitcoin will surely be big news in the cryptocurrency community just like what happened on Tesla.

We can easily see a push in  the  price of  bitcoin  and I think that  could potentially be the reason why bitcoin will reach 100k$ in the market and even more because of this company.

I think the most important thing is that these events took place. The listed companies have shown the world an example and then it is up to others. It is not yet clear what these companies will be - but it is clear what they will be. I would like to see some kind of unity among technology companies that will continue this trend, as well as large banks that will show their attitude by such steps. We would like to see electricity generating companies allow the private sector to pay with cryptocurrency. That will be great!

Maybe the next adopters will be governments from some cities and states, like some have already showed interest in paying public employees wages and accepting payments from citizens for public services in bitcoin. However it's easier said than done, because there is so much bureaucracy to be fullfiled in public administration that an adoption like this ends becoming really hard on practice.
From the adoption perspective it's much easier for a private company/business to adopt bitcoin than a public administration.

Before any company could support Bitcoin their board of directors will conclude it, all the previous companies that support Bitcoin today don't just wake up in a day and make the decision.
Therefore, it hard to know or tell the company that will support Bitcoin next but more companies will surely join the crypto investment and we don't need to be naive about the companies either because most of them joined crypto setting to increase their Bitcoin holding instead of buying it with their money and it will be nice if we limit the way we spend our holding.

I'm thinking of this already for quite some time (maybe months already) that what if all of these major companies and establishments accumulate a huge portion of all the Bitcoins. A once decentralized currency might become a centralized because of them and because of these companies holding a huge chunk, they might dump if not all then most of their holdings at the same time. TBH, I'm also thinking that they might dumped some in the recent correction .

Now with the question of the OP, maybe we might see some companies that will join the ride too and not only them maybe but some other websites too. Maybe some small and medium businesses might accept cryptos in the future. We might see cryptos being used in the public or even in schools.

I think it would be very cool for a company like Walmart to adopt Bitcoin (even though we don't have their shops in my country) because it would boost the availability of choice of what to pay for with BTC very fast. Amazon could also be a great choice for a similar reason, but I'd be less excited about that because Amazon is for online payments, and it only seems natural when Bitcoin is adopted for those. Unfortunately, I don't think these two are going to be interested in adopting Bitcoin anytime soon because the fees are making it ridiculous. Even if you go to Walmart and buy tons of stuff, paying $100 for the things you've bought, you probably won't be thrilled with paying a $50 transaction fee at all. And there are many things on Amazon which are also not that expensive, so the current fees make Bitcoin useless as a kind of payment there.

Maybe we just need to wait for the time of it, it will happen soon, a lot of companies now are exploring the crypto community, they are now strating to invest in bitcoin which affects the market. It all started with the post halving way back last year before the year ends and followed by the tweet of Elon Musk about bitcoin which creates a big hype for the bitcoin community and now companies and countries are believing in bitcoin, hoping that we could have more good news regarding this.

I would rephrase the question a bit and ask which of all these companies will stay with Bitcoin even if things go downhill? Also, all attention has been focused on large American companies, although some will say that they are positioned globally - but one should still wonder why some other large global companies have not shown interest in investing in BTC so far?

It seems to me that there is simply too much centralization in everything that has been happening lately - the biggest exchange Coinbase - the biggest crypto fund Grayscale - the biggest companies like PayPal, Tesla, MicroStrategy and all that US based.


What doesn't seem likely to me is Apple whose shareholder is the famous Warren Buffett (Berkshire Hathaway Inc - 5.96% of total shares), and we all know what he thinks about BTC. Furthermore, there is no doubt that such news would have a positive effect on price, but only in the short term - we have an obvious example of Tesla and PayPal having their 5 crypto minutes - and today the price is equal to that produced by the news of Tesla's $1.5 billion investment in BTC.

Inevitably, BTC will be centralized in the sense that large quantities will end up in one place - and when it comes to American companies, we know that everything ends up in Coinbase Custody, and that Coinbase has under its control around 1 million BTC.

Not sure about pouring money like crazy but I think you're right, people are definitely going big into crypto now bigger than ever before. You see a lot of stories now about 30+ year olds investing in dogecoin, that really makes you wonder what is wrong with this world:) They didn't budge in 2017 when BTC was doing well but this time following Elon Musk? Shows you just what millennials are thinking and how they live:)

Next big company people love? Gaming companies!

Among the three big companies, I would like to choose Walmart and Amazon. Their ecosystems will be boosted with Bitcoin adoption and later adoptions for top altcoins. People will use their Bitcoin (better if they integrate Lightning network payment gate) and altcoins for their expenses/ checkouts on Walmart or Amazon.

Why I don't choose Apple? It is basically from their core approaches with which they only want to shill Apple products and try to force Apple users to use as many products from Apple as possible. They don't want to corporate or shill products of others.

If Apple accept Bitcoin, they will be one of the latest big tech companies.

We will not know which company will support bitcoin because the company will not tell about that to the public. Not until they are sure that they will make a profit by investing in bitcoin. The other scenario will be the big company is already invested in bitcoin from a few years ago but they do not announce to the public and still hide their support to bitcoin. We will see something soon about which company supports bitcoin because bitcoin has become more popular than a few years ago.

For sure e-commerce sites would probably the next companies though, as their aim would be primarily to extend their reach to people on how can they buy or pay for their merchandises.
Not sure if even Microsoft is still adopting it, but I recall back then that they allowed it as a payment method for their products.
Steam was also one back then, but  due to volatility they pulled it off.

General discussion about the Bitcoin ecosystem that doesn't fit better elsewhere. News, the Bitcoin community, innovations, the general environment, etc. Discussion of specific Bitcoin-related services usually belongs in other sections.