Topic: Why BTC is not adapted into business?? - page 8. (Read 3314 times)
If this situation continues and most people keep using Bitcoin as just an investment end of Bitcoin will come soon because when it comes to reality there is nothing considerable can be done using Bitcoin so how can a currency can exist when there is nothing can be done using it. But we see few businesses that providing payment options in Bitcoin so only the time will decides what will be the path that Bitcoin will select and no matter what that is there will be a significant effect in the crypto currency market and the community
Some businesses can require guarantees from the government. You can't expect them to start accepting it and the government suddenly bans it someday. With government support can make this happen to be a reality with rapid growth so that it can adapt to know bitcoin technology in the future. 
Hello everyone, I agree with the author of the article and also do not understand why btc so little used in business, it is completely unclear what causes this obstruct. If someone knows the businesses in which bitcoin is already introduced, please tell me
All depends on the technology, BTC will be adapted for the business soon. As it will have more stability during the transactions. Actually, BTC is quite adapted already is so many companies are already accepting that currency.
In country that make it illegal, it is hard to use BTC as payment. And i don't see much company that accept Bitcoin now even Steam i heard not accept BTC ( Correct me if i am wrong ) because for long time i not open my Steam Account. 
All depends on the technology, BTC will be adapted for the business soon. As it will have more stability during the transactions. Actually, BTC is quite adapted already is so many companies are already accepting that currency.
I am stunned why all business not adjusted bitcoin, I think this happen in light of the fact that dread of people groups they think whenever BTC can prohibited by government likewise dread of its unstable cost. on the off chance that people groups begin thinking as a business opportunity then they will acknowledge bitcoin installment if a few gatherings of business and E trade destinations begin tolerating bitcoins as an installment then this will be useful for crypto showcase.
I always wondered what is the problem for BTC to be finally adopted in the wide range of business, I was expecting at least a great adaption in the online business but even so, what stops business from adapting BTC, the volatility? The low rates of adoption? Or maybe a lack of propaganda? BTC is so great and I really wish I could use it in more places IRL!
Actually, it is already adapted into some Business, such as BMW and also Samsung. There are several Project and busines that use cryptocurrency by using their own currency such as Helbiz (HBZ). HBZ is using cryptocurrency to do a car rent transaction payment. So, when someone wanna order a car to rent, they have to buy HBZ and pay the car by using it.
I think that the reason in bitkoyne did not bring any promises, especially about commissions. If bitkoyn should be used more widely, it should be accepted by the whole world. But bitkoyna still has time, maybe in the future we will be able to make purchases from bitkoyna.
For some reason bitcoin is a free taxes in any bussiness , And every businessman would love to get a tax from bitcoin but since bitcoin is not legally in some company it will not qualify and not approve by goverment to accept bitcoin in any fame company , but Hoping that bitcoin will approve and accept in all country .
Bitcoin is just not worth in implemented in real business because It is not stable currency . It may lead to huge to business. Also there is tension about btc regulations. But Country like japan, people accepts bitcoin for exchanging goods and services.
I always wondered what is the problem for BTC to be finally adopted in the wide range of business, I was expecting at least a great adaption in the online business but even so, what stops business from adapting BTC, the volatility? The low rates of adoption? Or maybe a lack of propaganda? BTC is so great and I really wish I could use it in more places IRL!
what do you think ? why don't you try to do business with bitcoin online if you have a lot of ideas. and I think there are lots of businesses that involve bitcoin, chances are you don't know that or don't try to find out.
The problems which bitcoin trying to solve can cause some businesses to loose their business like banks, government control currencies.
For e.g if we focus on the value of a “distributed ledger”. What if all the major banks replaced their normal book-keeping with one shared, but still closed, database? Might that help cut down on fraud and ensure a more level playing field? And banks don't want to loose their control.
Other minor reasons are like there is nobody even technically in charge of the technology, and nobody guaranteeing anything in relation to it's worth, usability, or security. Once bitcoin and exchanges start self regulating this picture will change and we can see major adoption by all types of businesses.
For e.g if we focus on the value of a “distributed ledger”. What if all the major banks replaced their normal book-keeping with one shared, but still closed, database? Might that help cut down on fraud and ensure a more level playing field? And banks don't want to loose their control.
Other minor reasons are like there is nobody even technically in charge of the technology, and nobody guaranteeing anything in relation to it's worth, usability, or security. Once bitcoin and exchanges start self regulating this picture will change and we can see major adoption by all types of businesses.
Volatility+lack of regulation clarity.All the business owners are afraid about what will happen with bitcoin after they adopt it.There is still a small chance of btc to become illegal worldwide.They are afraid about losing their revenue and btc savings.Your question is kinda wrong.Bitcoin is adopted in crypto trading and gambling businesses,it isn`t adopted by the "brick and mortar" businesses.
The fact that bitcoin always possess volatility and its unpredictable value is the reason itself why businesses don’t acknowledge bitcoin as a payment unless they are absolute risk takers.
I always wondered what is the problem for BTC to be finally adopted in the wide range of business, I was expecting at least a great adaption in the online business but even so, what stops business from adapting BTC, the volatility? The low rates of adoption? Or maybe a lack of propaganda? BTC is so great and I really wish I could use it in more places IRL!
In business, there are often written agreements on various transactions, the essential condition of which is the price of a good or service. This raises a big problem if the price is specified in bitcoin. After all, it can change its value every minute relative to other types of ordinary currencies. This is a rather significant problem for business. And why should they have such problems? The big legal business does not like rushing. It is quite satisfied with slow banking services, after all. any of their financial difficulties, conducted through the bank, are easily proven in court. If the deal is to be made in Bitcoin, it will all be quite difficult to prove before the tax authorities and in court. 
because bitcoin itself is difficult to adjust the price. bitcoin is very volatile, and the price always adjusts based on supply and demands on the market. whereas for business purposes, changes in values that are so large and occur suddenly can be detrimental.
because in bussiness world, all people want a something that have stable in price or any platform/terms, a volatile price like BTC and any altcoins are very dangerous for those bussiness ecosystem itself. it could crash all investors and easily to create fraud.
but once or twice, sometimes i heard any bussiness that adapt into one coin, i think its just for a few investor and not for public
but once or twice, sometimes i heard any bussiness that adapt into one coin, i think its just for a few investor and not for public
Bitcoin is still in its infancy. If it is stable enough, it may be adopted by more business activities. I think there will be some business activities trying to adopt Bitcoin as the community matures.
I always wondered what is the problem for BTC to be finally adopted in the wide range of business, I was expecting at least a great adaption in the online business but even so, what stops business from adapting BTC, the volatility? The low rates of adoption? Or maybe a lack of propaganda? BTC is so great and I really wish I could use it in more places IRL!
I think is because of the propaganda that makes some online business get scared but so far bitcoin has make online business very easy compared to the days of paypal. With the help of bitcoin anyone can transact business without stress and I believe as time goes many will adopt bitcoin both online and offline business.
bitcoin is not adapted into business because people are still scared of its volatilty. also most people dont fully understand the ideology behind it and the blockchain technology, but i believe as we continue to create the awareness we will see more people adopt it in the coming years
I always wondered what is the problem for BTC to be finally adopted in the wide range of business, I was expecting at least a great adaption in the online business but even so, what stops business from adapting BTC, the volatility? The low rates of adoption? Or maybe a lack of propaganda? BTC is so great and I really wish I could use it in more places IRL!
It is because the price is very volatile so you have to swap it for fiat soon or you'll earn or lose more, the transaction speed is also one of the factor that make the adoption hard because it has to be faster and cheaper if it want to be used in a lot of places. Also not all people know about crypto or bitcoin and want to use it as a payment option so the cost to implement it may be higher than the benefit.Jump to: