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Topic: Why do big corporations accept BTC? (Read 2082 times)

hero member
Activity: 798
Merit: 500
April 25, 2018, 08:40:55 AM
Cryptocurrencies nowadays are popular and promising asset that everyone want to get, so why not? Big brands have an opporunity to get good percent of market to rule the token later.
Digital currency has such a big impact in the society and in different sectors. Day by day it inspires several investors to consider digital currency. It gives the freedom to transact with its secured single ledger network having no third-party involved, making trade easier, having a seamless digital transfers and being used across borders. Essentially, because of its fixed supply and market cap, it cannot be depreciated through inflation as others can. These are the key benefits I considered why big corporations accept BTC, and in fact it's more useful, valuable, and profitable.
full member
Activity: 701
Merit: 136
XAYA - THE ULTIMATE BLOCKCHAIN GAMING PLATFORM
April 25, 2018, 08:22:39 AM
Its easy. Big companys want your money. SO they dont care in what form or currency. They take everything whats valuable. So they see how valuable bitcoin get and how much more potential it haves to be more valuable. So they have chances to make more profit with accepting this. So when you look at apple, if they would sell you an iphone for 0.1BTC, they would make still profit. Because the production cost like 200dollars and the value of bitcoin will rise.
sr. member
Activity: 1792
Merit: 255
April 25, 2018, 08:20:12 AM
Because they know that the future of bitcoin is very profitable, bitcoin is a phenomenon of this century so that one day it will replace the traditional system of banks, and by receiving bitcoin then this is a good step for the future.
full member
Activity: 378
Merit: 100
April 25, 2018, 08:09:00 AM
Big companies accept bitcoin payment because they know the benefits of bitcoin, which can bring the industry's biggest attention in a short time and deliver positive signals to their business partners, which is very good for big companies.
There a lot of big corporations or big companies like microsoft that are now accepting bitcoin as payment because bitcoin popularity is increasing and a lot of big companies knows the real benefits of bitcoin can do, and bitcoin can surely be the future of this world.
sr. member
Activity: 490
Merit: 250
April 25, 2018, 08:05:02 AM
Because Btc has many people know and so famous. Make it easier for people to invest and make payments with BTPC, therefore many large companies are using Btc either to transact or pay the salaries of their employees.
Without a doubt bitcoin is popular that even big companies interested and do accepts bitcoin. It attracts more users and big corporations for they can get benefits on the fluctuations of the price. They can really seen bitcoin as the big potential to grow in this generation.
Aside from the functionality of what a bitcoin can do for your business, adding bitcoin as a payment option provides a great opportunity to connect with past clients. A quick email blast is a great way to take a moment to share your business’s current vision as well as where you see your business going in the future.
newbie
Activity: 77
Merit: 0
April 25, 2018, 08:03:55 AM
I do consider from the beginning many groups will have the idea of the usage of bitcoin and different cash as a mode of fee for items and services but now because of the excessive transactions prices and volatility there have to alternate there plan. Bitcoin Will used by way of all works of life due to the fact of the fastness of transactions and it decentralized nature however mining fees too high. I think huge firms are seeing that bitcoin and different crypto currencies are right here for the foreseeable future as a choice to fiat currency. They choose to give alternatives to their customers and bigger organizations can take delivery of loss if crypto used to be to ever fail but at this modern time it is not and is proving to generate profit even after income for a enterprise its a smart choice to provide this.
full member
Activity: 404
Merit: 105
April 25, 2018, 07:55:12 AM
Because Btc has many people know and so famous. Make it easier for people to invest and make payments with BTPC, therefore many large companies are using Btc either to transact or pay the salaries of their employees.
Without a doubt bitcoin is popular that even big companies interested and do accepts bitcoin. It attracts more users and big corporations for they can get benefits on the fluctuations of the price. They can really seen bitcoin as the big potential to grow in this generation.
newbie
Activity: 93
Merit: 0
April 25, 2018, 07:44:52 AM
Because bitcoin today is very well-known crypto and also this kind of coin a bitcoin have a good rate and many people continuously investing on it .and it also accepted on buying and paying some bills and in markets so I think that's one of a reason why companies started also to accept this kind of crypto.
member
Activity: 181
Merit: 10
April 25, 2018, 07:27:58 AM
Because Btc has many people know and so famous. Make it easier for people to invest and make payments with BTPC, therefore many large companies are using Btc either to transact or pay the salaries of their employees.
jr. member
Activity: 224
Merit: 2
The Experience Layer of the Decentralized Internet
April 25, 2018, 07:09:54 AM
Big corporations accept Bitcoin as a mode of payment because they know and they can see the potential in it to be bigger in the future. Let's face it these big corporations are being run by great businessmen who has eyes for great potential to give them more income and revenue, they are not the heads and executives of those big companies nothing.
sr. member
Activity: 434
Merit: 251
April 25, 2018, 07:03:26 AM
Cryptocurrencies nowadays are popular and promising asset that everyone want to get, so why not? Big brands have an opporunity to get good percent of market to rule the token later.
jr. member
Activity: 151
Merit: 2
April 25, 2018, 07:01:43 AM
Many big corporations is now accepting bitcoin as a payment, because i think they see many people are now holders of bitcoin and and also many people will be continuing to adopt it and use it as a payment system, and maybe they see that bitcoin is the next future payment system.

Even right now, many big financial institution and have good reputation investment bank want to involve in cryptomarket, I am believe because they see crypto potential in the future. Bitcoin is the future and big company want to involve to make big profits from it

Digital payment will be common in the future and internet will dominating transaction I am believe. Big corporate must be seeing this potential and they believe that bitcoin have more potential become international currency on internet transaction because bitcoin have many advantages for that kind transaction
Accepting bitcoin will give it the place of acceptance by the ordinary persons, because when they know that all or some big companies now accept bitcoin as their payments they will also invest in bitcoin to use them all over the world without any exchange of local currency. Transaction is easy and in seconds. Just buy things and pay from your bitcoin wallet.
member
Activity: 349
Merit: 10
April 25, 2018, 05:49:31 AM
From my point of view, companies with sizes like the above mentioned (refering to cash flows and generated income) are normally risk averse and therefore it seems counter intuitive to me to accept BTC as a payment method due to its heavy volatility.
Moreover, not knowing how regulation might influence the outcome for BTC is another argument for not accepting it?!

Well, crypto currency is very new. So Big corporation have to "touch" this potential market. Before this market is occupied, they have to do something to "control" it. They don't care how the bitcoin price is. They just want to be part of this lucrative market. Microsoft is tech corp, Paypal is online payment corp. Blockchain technology's is the thing they need.
legendary
Activity: 1191
Merit: 1001
April 25, 2018, 05:27:37 AM
Technologies are changing rapidly and large companies see huge potential in Bitcoin and cryptocurrencies which will be used in everyday life in the nearest future.
member
Activity: 490
Merit: 28
April 25, 2018, 05:08:04 AM
Maybe big cooperate see the big poteential of bitcoin in the coming future. Even star actress or a singer they are joining bitcoin because of good profit.
Yeah absolutely the reason behind is the popularity and the trust of the investors and the system, the technology which is unique a true innovative system that would some how change the way we look the monetary system. P2P transaction, decentralized.
newbie
Activity: 102
Merit: 0
April 25, 2018, 05:00:14 AM
For my speculation i think big corporation want to invest bitcoin also coz they see the future of bitcoin wherein they can profit it.
full member
Activity: 392
Merit: 103
April 25, 2018, 04:44:09 AM
Maybe big cooperate see the big poteential of bitcoin in the coming future. Even star actress or a singer they are joining bitcoin because of good profit.
newbie
Activity: 141
Merit: 0
April 25, 2018, 02:39:21 AM
Generally bitcoin was made with characteristics to be the leading coins ever or made to be the future money, the future to use in transactions. Corporations, companies and also malls accept bitcoin as payment. Maybe they see the future of its potential in doing business transactions. And maybe they believe to its long long domain terms in business world.
No doubt that the future is of digital currency and bitcoin is the leading one. Gradually all the companies big or small will start accepting bitcoin as their payment because they also want to promote and expand their business throughout the world and bitcoin will make their payments easy. People will feel ease to use their bitcoin instead of paper currency.
newbie
Activity: 106
Merit: 0
April 25, 2018, 01:54:38 AM
I think when big companies with history engage themselves with BTC they really want to cut costs and erase all types of non-transparent transactions, they put in future right now. But when a newly opened small start-up takes bitcoins, for ex.as a payment for your morning coffee, that's just hype I'm personally tired of.. on the opposite, that still that makes cryptos more popular in general
newbie
Activity: 31
Merit: 0
April 25, 2018, 01:52:59 AM
While many people are still trying to grasp the concept of “what exactly is a bitcoin?”, even more businesses are starting to ask the question “do we need to care?” With any new technology there are going to be advantages and disadvantages, risks and rewards. Bitcoin is no exception.
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