Topic: Why do big corporations accept BTC? - page 12. (Read 2082 times)
I haven't heard about big corporation accept bitcoin but if this big corporation accept bitcoin as a cryptocurrency one thing is for sure because they can gain more profit in bitcoin than in fiat money. The beauty of this currency it may dump or pump, in this case it brings investors in the market.
I don't think all big corps accept Bitcoins as payments just like I don't think small business don't since it depends on the business owners themselves if they see something in Bitcoin that is of potential gain for them.
I think the big coporation that accept Bitcoin is amazon now only. Not much of them want to related to Bitcoin as a payment.
The pumps and dumps are the real beauty of crypto market and without the fluctuations in the market, it will lose investors. Increase and decrease in values allow investors to gain profits in short terms. As far as bitcoin’s performance is concerned this year.I am pretty sure that it is going to rock hard and the reason is very obvious. Bitcoin is increasing in popularity which is bringing new investors to the market.
Hi there,
first off - @admin, I´m not sure if this is the right forum category, so please shift if unadequate!
I wanted to know why big companies like Microsoft, Paypal, Overstock and now consulting firms (with PwC HKK) accept BTC as a payment method? Regarding the latter, it´s due to increasing cooperations with start-ups that operate with BTC as main payment, but regarding the others?
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?!
This leaves me with only one (rather) simple solution, which is that they are convinced of BTC price rises (in the short-term at least), or even a bit more fare-fetched that they are convinced of BTC as "the new digital currency" or similar.
But that´s not plausible for me!
Does somebody know how much BTC Microsoft or the others generate with the exchange of fiat to BTC and vice-versa?
Can someone please help me out, it´s really grinding my gears Huh Huh
Thanks a lot Smiley
Large companies accept bitcoin payments. Because those companies can convert bitcoin into cash and vice versa. They are not afraid of losing money because they are the rich boss, who are the richest people in the world. first off - @admin, I´m not sure if this is the right forum category, so please shift if unadequate!
I wanted to know why big companies like Microsoft, Paypal, Overstock and now consulting firms (with PwC HKK) accept BTC as a payment method? Regarding the latter, it´s due to increasing cooperations with start-ups that operate with BTC as main payment, but regarding the others?
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?!
This leaves me with only one (rather) simple solution, which is that they are convinced of BTC price rises (in the short-term at least), or even a bit more fare-fetched that they are convinced of BTC as "the new digital currency" or similar.
But that´s not plausible for me!
Does somebody know how much BTC Microsoft or the others generate with the exchange of fiat to BTC and vice-versa?
Can someone please help me out, it´s really grinding my gears Huh Huh
Thanks a lot Smiley
Hi there,
first off - @admin, I´m not sure if this is the right forum category, so please shift if unadequate!
I wanted to know why big companies like Microsoft, Paypal, Overstock and now consulting firms (with PwC HKK) accept BTC as a payment method? Regarding the latter, it´s due to increasing cooperations with start-ups that operate with BTC as main payment, but regarding the others?
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?!
This leaves me with only one (rather) simple solution, which is that they are convinced of BTC price rises (in the short-term at least), or even a bit more fare-fetched that they are convinced of BTC as "the new digital currency" or similar.
But that´s not plausible for me!
Does somebody know how much BTC Microsoft or the others generate with the exchange of fiat to BTC and vice-versa?
Can someone please help me out, it´s really grinding my gears Huh Huh
Thanks a lot Smiley
first off - @admin, I´m not sure if this is the right forum category, so please shift if unadequate!
I wanted to know why big companies like Microsoft, Paypal, Overstock and now consulting firms (with PwC HKK) accept BTC as a payment method? Regarding the latter, it´s due to increasing cooperations with start-ups that operate with BTC as main payment, but regarding the others?
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?!
This leaves me with only one (rather) simple solution, which is that they are convinced of BTC price rises (in the short-term at least), or even a bit more fare-fetched that they are convinced of BTC as "the new digital currency" or similar.
But that´s not plausible for me!
Does somebody know how much BTC Microsoft or the others generate with the exchange of fiat to BTC and vice-versa?
Can someone please help me out, it´s really grinding my gears Huh Huh
Thanks a lot Smiley
Will,in my own opinion thats why do big corporation accepts BTC as being payments method because its a big oppurtunity and big investment partnership bussiness both in the digital currency and the company,and one example of this company is microsoft,paypal etc.they both have a mutual understanding to each other to use bitcoin as payments and in return of the company as there services, maybe this is a part of marketing strategy to convience more investor.
Paypal doesn't accept Bitcoin, unless that changed very recently. But the last thing that I've known about Paypal was that they specifically "banned" crypto payments over Paypal by denying any buyer or seller protection for crypto trades.
Paypal announce that they will accept it back in 2014 or 2015. Since then they didnt do anything about it, but as far as I know only Microsoft fully embraced it, they allow users to pay for product with bitcoin for both windows and Xbox.
Because of the business they live on a large scale, and are lucky when their high bitcoin prices take advantage of this opportunity to facilitate their transactions
Everywhere in the world, advanced traders, from small stores to large corporations join the Bitcoin trend, many of them doing so to improve cash flow by lowering costs and raising capital.
Big cooperation accept bitcoin in other to move there business to the era of digital life where payments are made online from any where.
because they see oppurtunity in it i think, and somehow realize that can hit many customer too, and huge profit when on bitcoin too and don't forget about tax too
Paypal doesn't accept Bitcoin, unless that changed very recently. But the last thing that I've known about Paypal was that they specifically "banned" crypto payments over Paypal by denying any buyer or seller protection for crypto trades.
I think why do big corporations accept bitcoin maybe the reason is the investors that want to invest to them is a bitcoin user and he/she want to invest his/her bitcoin to a corporation that he/she wanted to invest with his bitcoin and as I see to other people who invest using their bitcoin is a 99% of success thats why I also want to invest to ccorporations.
One of the reasons why big corporations accept bitcoin is that they have a foresee that bitcoin can be of great help in prospering their business. True or big business men projects success over loss or bankruptcy.
Because of the business they live on a large scale, and are lucky when their high bitcoin prices take advantage of this opportunity to facilitate their transactions
i think because they recognize the value of bitcoin is a good currency thats why big corporations accept bitcoin
Large corporations are interested in working with Bitcoin. Because it brings them new customers and new opportunities. And accordingly more money.
They accept bitcoin in other to make transactions easier and fast for the company and they customers.
The big corporations that you've mentioned who accepted bitcoin as a payment is slightly related there business to crypto currency. There business is operated and enabled by internet access which is the same to crypto currency. Maybe they accept crypto as a payment specially bitcoin, because they know that it has a high potential and ability to create higher value in the future, bitcoin it self is the most popular and most used crypto currencies.
Most of the big corporations who accept bitcoin usually do it for the gimmick.
They want to attract customers who are into bitcoin( usually people who owns bitcoin, and doesn't necessarily need the item that the organization is trying to sell
They want to attract customers who are into bitcoin( usually people who owns bitcoin, and doesn't necessarily need the item that the organization is trying to sell
For me it is a good very marketing decision, but you should know that bitcoin has huge fees right now, and if you want to buy something that is worth less than $100, you will need to pay 10% of them just for fees.
That makes no sense for me, just like it happened when it was on Steam.
Big corporation accept bitcoin, it is because of the price value, big corporations are very practical in terms of profit, they really know about the price movement of bitcoin. Big corporations can hold stocks of bitcoin for a long period of time which they can wait and sell their bitcoin stocks when price go higher.
By and large bitcoin was made with qualities to be the main coins ever or made to be the future cash, the future to use in exchanges. Partnerships, organizations and furthermore shopping centers acknowledge bitcoin as installment. Perhaps they see the eventual fate of its potential in working together exchanges. What's more, perhaps they accept to its long area terms in business world.
I just think that today bitcoin is very popular and that is why many companies are receiving bitcoin.
Perhaps that is the common reason why some of companies gradually accepting bitcoin such as fast-food and etc. And i think there's a possibilities that next time or in the future all people around the globe will use crypto currencies instead of credit card for buying foods. Jump to: