Topic: Why do big corporations accept BTC? - page 13. (Read 2082 times)
Most of my country, big companies is very easy to make profits, rather than save money in the bank. Because bitcoin is so easy to use and safe from thieves and bitcoins for the company it is also used as their billing tool, because it is easy for them to invest and transact.
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
Because they See's the potential of cryptocurrency in terms of payments, and they don't want to left behind about the technology of cryptocurrency, you can easily pay your bills,and etc,and its very secured to transac bitcoin. 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
I think why big company accept btc, because he smart know what btc is. Big companies believe and accept btc because it can invest with large capital, in btc also believed there are many possibilities for success.
I just think that today bitcoin is very popular and that is why many companies are receiving bitcoin.
Yes big company want's to sell many things and bitcoin is popular so this is why big corporations accept BTC. 
I think because they all want be in trend, bitcoin was something new for all some years ago, and of course we should forgot that when btc price was 600$ and it was stable fees was low, maybe that's also why (fast confirmation and everyone were able to send any amount with 0.0001 as fee ~0.06$).
I think the catch is that regardless the risk it's an investment with a return rate non comparable to any other type of investment. It's simply worth the risk and these corporations already have enough money that they can take some risk for the chance of winning a lottery ticket. Furthermore companies tend to loose a lot of money in failed projects all the time.
I also believe it's for marketing purposes. Just like how KFC now accepts BTC for a bucket of chicken. It brings media attention which is always great. It also helps bring in a younger crowd of customers.
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
Since bitcoin is safer than the other a lot of corporation wants bitcoin to be part of them . And other than that bitcoin is now popular and most of the people invest to it.Other reason of some corporation its transaction is safer and easy to access.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
Not just that most corporations use bitcoin to send large amount of money due to low fee its not the same if they transfer cash in same amount fee is bigger. Maybe they use bitcoin in this purpose it logical for them. Also they might investing in bitcoin or mine them cuz many companies have there own mining farms for this purpose.
Well big corporates goal is always to increase their money and asset, due to Bitcoin' popularity of way of earning big money ofcourse many businessman are attractes to it, thus they want to be a part of cryptocurrency.
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
Since bitcoin is safer than the other a lot of corporation wants bitcoin to be part of them . And other than that bitcoin is now popular and most of the people invest to it.Other reason of some corporation its transaction is safer and easy to access. 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
Many corporations have seen the potential bitcoin. It will dominate the currency, so many corporations and big businesses use bitcoin
it simple they want to increase more costumer to buy their items and when they do their profit become bigger and bigger thats why they accept bitcoin as payment
Yes, there are some because it is decentralized and for fast transactions but because of high transaction fee, they might change their plans.
The big corporation that accepts Bitcoin as a popular form of payment will soon be rolled out around the world. There will be many e-commerce sites that accept Bitcoin because of its convenience, trading around the world at very low cost. The future of the currency will be cryptocurrencies, which will replace the currency in all transactions over the next 30 years.
Big corporation accept bitcoin because Bitcoin is now the most valuable and popular crypto currency in the world. Bitcoin value, users and price is increasing day by day and it is secure and transaction method is also easy.
It is because these big corporations are visionaries and they see bitcoin as the future of money. The top 1% of the 1% always gaining control and once they see the price of BTC soaring to the moon, they will cash out and take profit. We must know how to ride with the whales.
From the op’s list, I don’t think any of those companies mentioned accepts Bitcoin as a payment method, apart from Overstock. Though I know that some companies accepts Bitcoin, but from what I’ve seen, none of them are big companies, not even Amazon accepts BTC.
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.
I think big corporations start to accept bitcoin, because they wanted to engage in the development of Bitcoin in the industry. As Bitcoin is evolving in the market, and widely known by many, big corporations are part of it.
many companies accepting the change and others getting ready to, bitcoins are an extremely fast-spreading currency. Small businesses aren’t missing out on the action; many small shops have made the switch as well. QR codes are the biggest help in real-world bitcoin transfers. Using a smartphone and a Bitcoin wallet app, a user scans a label and presses a small buttoned aptly named “spend.” The list above is a current list of who accepts bitcoins.
I think corporation take advantage about volatility of bitcoin, we know that corporation having huge amount of money that can be used as their capital for investing in crypto currency. Bitcoin is safe investment, Bitcoin can be used as a business specially here in my country even it was not declared as legal tender many people are accepting bitcoin, using and earning with bitcoin.
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