Topic: Why do big corporations accept BTC? - page 6. (Read 2060 times)
maybe it's because the big corporations seeing a big opportunity to accepting bitcoin so they launch a new payment system using bitcoin. besides that, if they can accepting bitcoin and they can keep it for a long time, their profit will bigger and this is their chance to double their money in the long-term. but not too many corporations that do this and maybe only the big corporations and the rest corporations still using fiat for their transaction.
Large corporations accept bitcoin because first, when they need capital, they will call on capital with the second ico program that accepts bitcoin. They will have more markets as well as bitcoin trading clients that contribute to their revenue.
Bitcoin has long held distant promise. It has captured most companies imagination with stories of people searching through a land fill site for a hard drive with £4 million worth of saved bitcoins, to a man who paid 10,000 bitcoins for a pizza when they were worth a fraction of a cent.
Of course, every organization wants to make profit as it very obvious that Bitcoin is gaining value per market con.
Of course, every organization wants to make profit as it very obvious that Bitcoin is gaining value per market con.
Because they see good future in Bitcoin and they are accepting bitcoin and hold it for the long term as they know bitcoin will go high in future and they will earn good profits.
I just think that today bitcoin is very popular and that is why many companies are receiving bitcoin.
I agree with that I thibk the main reason why Bitcoin has been used and accepted by big corporation since United States probabaly one of the center of transaction and other big countries has been open with this currency if corporation did the same connection will make even tougher since they have the same status already and it is a great medium of payment also.
Cause for me it is more safe, faster and it is just a future method of payments, in some part of technological development they are just ahead of other companies and in future maybe they will be more popular thanks to that moves.
Jika perusahaan atau pihak swasta menangani bitcoin maka akan terjadi banyak faktor salah satunya yaitu mengontrol dan mengatur serta membuat sebuah kebijakan yang mungkin bisa merugikan secara sepihak kepada pengguna para bitcoiners demi untuk mencapai keuntungan yang maksimal.
The answer is very simple, because Btc can use in many transaction and can be a exchange also for a goods, corporation know also that bitcoin is an alternative investment, and in that case there has a posibility that there investments would grow.
Just like us, they also seen the potential value that bitcoin can give to them, so that their company has an alternative way to make their company profitable by having additional way to make payment, this will help bitcoin to increase demand too.
right, they get 2 advantages, easy in transactions and can invesment with bitcoin. besides that it can transfer in large amount and accelerate the transaction time. so many big companies are using this opportunity I do believe from the beginning many companies will have the mind of using bitcoin and other coins as a mode of payment for goods and services but now because of the high transactions fees and volatility there have to change there plan. Bitcoin Will used by all works of life because of the fastness of transactions and it decentralized nature but mining fees too high.
Very well said! Like you, I have that thinking too. It is easier for payment transactions and they could get rid of transaction fees and other fees. And also they could maybe benefit the characteristics of the bitcoin which is its volatility.
Probably one of the easiest benefits to quantify is the amount of money a company can save by switching over to bitcoin.Aside from being fast and easy to use,bitcoin’s transaction fees have been one of the leading reasons for companies to make the switch.
Just like us, they also seen the potential value that bitcoin can give to them, so that their company has an alternative way to make their company profitable by having additional way to make payment, this will help bitcoin to increase demand too.
I think that the reason as to why they are accepting bitcoins as a means of payment is because they can afford all the necessities that they would be needing to be able to calculate all the income they get in this way of payment. Another reason maybe because the people behind all these big companies have open minds and greater visions for the future and are able to see what the greatness of the bitcoin's innovation can offer to the modern world unlike other company owners out there that are too afraid and close minded to even try to experiment. This way of thinking that these big company leaders have is what made them and their companies become what it currently is today.
big corporations will accept bitcoin payments because its also a business opportunity for them and brings new Customers to them. Afaik by virtual of some of these companies being consulting companies its a way to study and decide if the crypto market is viable for them
Bitcoin is a better way to do transactions. Forget about Bitcoin as an investment vehicle, or Bitcoin as a way to end the Federal Reserve. Its benefit to business comes from payments.
If your payments are occasional and in large amounts, don’t bother with Bitcoin. Let’s say that you’re Boeing. Once or twice a day someone sends you $100,000,000 for an airplane. Stick with your current practices.
However, say you run a coffee shop with an average ticket of six dollars, and nobody carries cash. You can collect an electronic payment with zero cost per transaction.
List of companies that accepting Bitcoin:
https://99bitcoins.com/who-accepts-bitcoins-payment-companies-stores-take-bitcoins/
If your payments are occasional and in large amounts, don’t bother with Bitcoin. Let’s say that you’re Boeing. Once or twice a day someone sends you $100,000,000 for an airplane. Stick with your current practices.
However, say you run a coffee shop with an average ticket of six dollars, and nobody carries cash. You can collect an electronic payment with zero cost per transaction.
List of companies that accepting Bitcoin:
https://99bitcoins.com/who-accepts-bitcoins-payment-companies-stores-take-bitcoins/
I do believe from the beginning many companies will have the mind of using bitcoin and other coins as a mode of payment for goods and services but now because of the high transactions fees and volatility there have to change there plan. Bitcoin Will used by all works of life because of the fastness of transactions and it decentralized nature but mining fees too high.
Very well said! Like you, I have that thinking too. It is easier for payment transactions and they could get rid of transaction fees and other fees. And also they could maybe benefit the characteristics of the bitcoin which is its volatility.
It's because people in that certain corporation saw a very big potential in accepting Bitcoin. They might see the profit they would gain in it. Because the value of bitcoin is very volatile. Also the transaction in bitcoin is much faster than setting an appointment in person. But the transaction fee in bitcoin is too bad for small corporation but in big it doesn't matter. And also in bitcoin they've got much more benefits because of its sudden increase of value.
I do believe from the beginning many companies will have the mind of using bitcoin and other coins as a mode of payment for goods and services but now because of the high transactions fees and volatility there have to change there plan. Bitcoin Will used by all works of life because of the fastness of transactions and it decentralized nature but mining fees too high.
Very well said! Like you, I have that thinking too. It is easier for payment transactions and they could get rid of transaction fees and other fees. And also they could maybe benefit the characteristics of the bitcoin which is its volatility.Well basically they want bitcoin as payment because this can be a good investment in return. Big corporations find bitcoin as a good advantage to them since they will get double income then if they make it as an investment. It will accumulate increase itself once stored.
Right now, we have not experienced so many big corporates which have started accepting bitcoin as a mode of payment but we can really expect that there will be lot number of corporates as well as many other places which will then be accepting bitcoin and that is because of the reason that it becomes quite easier for you to handle the things at time when you are dealing with some online currency. I do believe from the beginning many companies will have the mind of using bitcoin and other coins as a mode of payment for goods and services but now because of the high transactions fees and volatility there have to change there plan. Bitcoin Will used by all works of life because of the fastness of transactions and it decentralized nature but mining fees too high.
Very well said! Like you, I have that thinking too. It is easier for payment transactions and they could get rid of transaction fees and other fees. And also they could maybe benefit the characteristics of the bitcoin which is its volatility.Jump to: