Hi there,
first off - @admin, Iīm 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, itīs 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 thatīs 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, itīs 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.