Topic: Why do big corporations accept BTC? (Read 287 times)

Large corporations take bitcoin because they understand its prospective side and do not want to miss the moment to join the world trend.

I think big corporations accept bitcoin payments because it's both convenient, fast and highly profitable. Do you believe that investing in bitcoin after a night of waking up the interest rate is up to 300% and the fact so. Virtual play is richer than real gold. In April last year, Japan became the first major economy to officially recognize electronic money as a means of payment and property.

and on top of that they just want to gain more, for big playes that money in bitcoin is not a risky move it just another way of investing

they believe that bitcoin will bring huge profits. Maybe that's the reason why big companies like Microsoft, paypal and others accept BTC as a means of payment

It's common for corporates we'd business men to look for loop holes to increase their business as well as their profits. They know where the world is moving towards. They mostly try adopting current trend. They know where to invest and whom to attract through marketing or offering discounts or allowing crypto currencies as a payment. This doubles their profits when the value of bitcoin goes up.

I do not know exactly about this, but my analysis is due to service. How they should perform financial system updates for their clients who implement the cyrptocurrency system as a transaction. And of course BTC is the most common.

Imagine that you have big company with good capital source and ready to make investment. What do you think about investment in Crypto for long invest or short invest by trading daily?
On my opinion, there investing for sure to making more profit. With good capital source, they can take part manipulating price in the market. This is a reality, you will not invest just for losing your money, isn't?

It's business at the end.  Everyone focuses on multiplying their respective revenues. Crypto especially bitcoin being the first currency with high values and it keeps moving upward, the business whales know that they need to utilise this situation investing or manipulating the high value to grow their revenue by any means of accepting bitcoin either as a payment method or investing the bitcoin earned thriugh payment method into other crypto currencies to multiply it's profits.  This is entirely a business move. 

Always a business emphasis on looking for current trend loop hole to attract customers towards their business to increase their business revenue. This is why the top companies mentioned above accepts bitcoin as a payment method.

yes, I agree with your opinion
I think it is unlikely that a big company works with bitcoin, if it does not generate huge profits,
an I'm sure big companies will succeed again, and crypto will be even better.

Corporations are open minded in crypto they search for what can give it and the benefits of it when they accept payment as btc.They are positive for its increasing the btc they paid to them that it will be possible to get high.

Have you heard about 50 cent,who accepted bitcoin for his album and he left the coin untouched and now it turned into a million dollars,you have to be positive and if you are ready to accept the challenge you might win.The rapper never anticipated anything,he just wanted to try out and forgot about it it seems.


You wont get those details unless someone working in the accounts section give those numbers.

because they think it would be the future currency and they are much positive about the bitcoin and its features..

hi
actually I am not sure that BTC became a new currency.
Digital is growing so fast in each industry but it's not about money.
On my opinion, currency should be conservatory thing. I am afraid It's all as a big soap bubble

I won't talk about the financial part, but lets look at it from the marketing view: how much money do you think those big companies spend on marketing? and how many users buy their products using bitcoin? lets assume that they burn all the bitcoins they get paid, it's still a winning deal since the extra exposure they've got and how they made people think of them again paid off the BTC they burned (unless BTC goes mega high again )

Many large companies and big corporation are continue to operate with Bitcoin because it is a better way to do transactions.It is a best place for the business help them to increase their income and to decrease transactions fee.

I totally disagree to the first part of your opinion (off course you are entitled to it). That is - "the short answer is GREED.... corporations are only interested in profits".

Greed as you submitted, I don't concur is the exact reason for the use of bitcoin by big corporations. Companies are suppose to generate money to run their businesses and so if they accept or use bitcoin to achieve their objectives, is still in line.

Then for profit making , not all are for profit. There are different types of companies. Basically two types which are the statutory - they are government establishment formed by the constitution and their soul aim is not to make profit but to provide social amenities as reaching out to government objectives to the citizenry.

And, registered company. Registered companies are further divided into:
1. Private limited liability by shares
2. Public limited liability by shares and
3. Company limited by guarantee.
These companies are all registered, the first two are geared towards profit taking while the third is incorporated for charity, research purposes etc.

In other words, I am just disabusing your mind and convincing you that not all companies run just for profit purposes and moreover , they are checked by the government as they are also to carry out some social responsibility to communities they are located.

Finally , you so much correct on the last end of your post. Bitcoin is a part of the modern world, with all its advantages. It will off course be easier for big  corporations to adopt or accept it for faster business transactions.

Because they are preparing for the future!!

Cyptocurrency/bitcoin market is fluctuated and it will be in that way for awhile before it's stable and will get stronger by nature of any change. I believe virtual money(cyptocurrency) will be replaced and fiat currency will be obsolete gradually like dial-up internet obsolescence!  BTC is the same, being growing in a good supporting environments(more big companies are going to join).

The main two reasons are advertising and investment. By accepting BTC they will immediately get googled more often, the bitcoin news outlets will write articles about them, people will start talking, posting on social media. It's free advertising!
As for the investment, they can influence the market by accepting it, it's positive news that can add to the value of BTC. So, if a company is already investing in cryptocurrency and then goes public with it it can increase their profits and personal profits of the owners (investors and shareholders).

All big companies like Microsoft, Paypal, Overstock are all aiming for high profits. And the bitcoin foundation they think it will thrive around the world