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Author Topic: Corporations and Bitcoin  (Read 2501 times)
calkob
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July 09, 2016, 07:17:44 PM
 #21

It is my opinion that they like the status que and would prefer not to have to deal with a new tech, but when bitcoin gains traction they will all climb on board because it will be in their interest to do so.
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July 20, 2016, 02:21:39 PM
 #22

Big corporations may regret not accepting bitcoin in the time when the bitcoin price will skyrocket and these companies will feel like "how we let this opportunity get away from us". But for the moment many corporations don't care about bitcoins, with only few corporations accepting it but big ones like , Overstock, Dell and Microsoft to name a few and lately also Steam. This is good for bitcoin as is a big publicity for it from these companies. Anyway for the moment only few companies like the ones mentioned above look at bitcoin as an ally while almost all others are not interested in it yet.

Indeed, though majority of the company here in my country are not adopting the system of bitcoins. But few of the corporation company I know are absorving the system of bitcoin. Some are establishing the company which is related to bitcoins but only seeking for a victim of cthe client and then they will use bitcoin for the bad habit or intentions.
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July 20, 2016, 04:11:04 PM
 #23

How do the big corps feel about bitcoin?  How will they feel about bitcoin?  We know they are intrigued by the underlying technology of bitcoin, the blockchain.  Please back up your claims.

In my country there is no breaking news about big corps to adopt bitcoin.  They are still confident with the country's monetary system.  They only see some trouble or need a major adjustment if they are to adopt Bitcoin as currency.  These company are more on stable and government compliant system.  Maybe the owner are playing with bitcoin by themselves but they see thatt implementing bitcoin to their company will only make them spend money.
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July 20, 2016, 04:16:48 PM
 #24

How do the big corps feel about bitcoin?  How will they feel about bitcoin?  We know they are intrigued by the underlying technology of bitcoin, the blockchain.  Please back up your claims.

Already biggest corporation are with Blockchain technology. Apple, Google , Microsoft are already in phase of testing blockchain technology.

Even few banks as World Major Private Bank ICICI Bank, CITI Bank are also testing blockchain environment for better banking.
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July 20, 2016, 04:30:51 PM
 #25

It is my opinion that they like the status que and would prefer not to have to deal with a new tech, but when bitcoin gains traction they will all climb on board because it will be in their interest to do so.
I think most of the big enterprises including big banks have already started their own research on blockchain and bitcoin to implement in their system. We will surely gonna see lots of blockchain based products on the market soon.

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July 20, 2016, 05:19:24 PM
 #26

It is my opinion that they like the status que and would prefer not to have to deal with a new tech, but when bitcoin gains traction they will all climb on board because it will be in their interest to do so.
I think most of the big enterprises including big banks have already started their own research on blockchain and bitcoin to implement in their system. We will surely gonna see lots of blockchain based products on the market soon.
That sounds very exciting for bitcoiners !!!! It would be very nice to be able to widely use the bitcoins. Bitcoins used by corporations would
give the boost that it needs in this current time. Many people will come to know it's potential.
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July 20, 2016, 05:49:24 PM
 #27

Companies that wants to accept Bitcoin as a currency, are waiting for more mature regulations regarding it's status. Some of them are saying it is still too small and others are saying that it is poorly

regulated and this add to the risk factors. These companies are interested, but they are cautious. They are also looking at what are being done in the banking sector regarding Blockchain based tech, and

most of them will follow whatever comes from these sectors, because they know it will be backed by governments. I have spoken to employees working in some of these companies and also a

investment banker at one of the bigger banking groups.  Sad .... They also said that they will fall in with Bitcoin, if it attracts enough users to be a viable market.  Roll Eyes

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July 20, 2016, 07:19:01 PM
 #28

It is my opinion that they like the status que and would prefer not to have to deal with a new tech, but when bitcoin gains traction they will all climb on board because it will be in their interest to do so.
I think most of the big enterprises including big banks have already started their own research on blockchain and bitcoin to implement in their system. We will surely gonna see lots of blockchain based products on the market soon.

That is right. They have their own private block chains for internal usage. But if they want to communicate with other banks, they might have to use bitcoin.
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July 20, 2016, 07:21:42 PM
 #29

How do the big corps feel about bitcoin?  How will they feel about bitcoin?  We know they are intrigued by the underlying technology of bitcoin, the blockchain.  Please back up your claims.

As of this moment there are no news about company and their views on bitcoin but only the banking institutions have a say to this. But there is a certain company in UK where they are planning to give out salary to their employees using bitcoin. I'll give you the link next time it is from an article in bitcoin news.com
This is good, that means that more and more people are going to be aware of bitcoin.

That i a bigger support to bitcoin with that bitcoin will more establish not only in digital world but in physical world also, it will be just like a signature campaign for bitcoin as the Yocoin is doing for themselves  and other crypto currencies also.
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July 20, 2016, 09:01:03 PM
 #30

Working for a larger company, I know that we do not deal with anything in Bitcoin because of the US governments classification of Bitcoin.  The USA still considers Bitcoin an asset and not a currency.  Because of this, banks can not take bitcoin because they are not allowed to be invested into an asset that they  actually own and not loaning money out on.  Because of this reason, our company stays away from bitcoin.



                                                                                                                                             
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HarryKPeters
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July 20, 2016, 09:18:55 PM
 #31

Working for a larger company, I know that we do not deal with anything in Bitcoin because of the US governments classification of Bitcoin.  The USA still considers Bitcoin an asset and not a currency.  Because of this, banks can not take bitcoin because they are not allowed to be invested into an asset that they  actually own and not loaning money out on.  Because of this reason, our company stays away from bitcoin.

That's the problem of larger companies. They follow anything they are forced to do, even if it is wrong. The banks did bring a effective anti bitcoin lobby with scare tactics and the whole package. In time small companies using bitcoin, will be followed by larger companies using bitconi.

From there there is no way to lobby anymore...

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July 20, 2016, 09:48:50 PM
 #32

Corporations are in the queue, silently evaluating the next pioneering financial technology which seems to be bitcoin.
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July 20, 2016, 10:28:44 PM
 #33

It is my opinion that they like the status que and would prefer not to have to deal with a new tech, but when bitcoin gains traction they will all climb on board because it will be in their interest to do so.

They do not ant status quo, but they want benefit and that is why when the technology of bitcoin wll be developed more in the near future everyone will climb at there to get their preferred profit from there.
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August 05, 2016, 08:07:57 AM
 #34

Corporations are in the queue, silently evaluating the next pioneering financial technology which seems to be bitcoin.

That is right. I heard the UK government wants to establish the London to be the centre if FinTEch. So does the Swiss government.
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August 05, 2016, 10:41:26 AM
 #35

Working for a larger company, I know that we do not deal with anything in Bitcoin because of the US governments classification of Bitcoin.  The USA still considers Bitcoin an asset and not a currency.  Because of this, banks can not take bitcoin because they are not allowed to be invested into an asset that they  actually own and not loaning money out on.  Because of this reason, our company stays away from bitcoin.

That's the problem of larger companies. They follow anything they are forced to do, even if it is wrong. The banks did bring a effective anti bitcoin lobby with scare tactics and the whole package. In time small companies using bitcoin, will be followed by larger companies using bitconi.

From there there is no way to lobby anymore...
yeah banks are just scared that bitcoin would replace the fiat and they need to start changing each of their policies and platforms so that wiil be a big mess for them and their business !
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August 05, 2016, 10:46:23 AM
 #36

In my opinion corporations are similar to governments, there is just difference that government is public and many things they do are visible to everyone. What corporations are doing nobody know, they are everywhere, hidden between many different names. With offices in many countries, nobody can catch what are they doing. Who knows maybe Satoshi Nakamoto is corporation product, I wouldn't be surprised if we see that news in future. They are capable for many things, they proven that. And in case that they are not already in bitcoins from the start, then they will enter for sure, on some big door with some totally new coin.

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August 05, 2016, 10:48:44 AM
 #37

How do the big corps feel about bitcoin?  How will they feel about bitcoin?  We know they are intrigued by the underlying technology of bitcoin, the blockchain.  Please back up your claims.

Well most of them think it is just a fad from what we are seeing. No one really picked it up after the bitcoin bubble popped. But some do see the merits and benefits of blockchains for their internal use cases. But bitcoin itself remains an outsider and an "exotic" investment of sorts.

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August 07, 2016, 07:45:04 AM
 #38

How do the big corps feel about bitcoin?  How will they feel about bitcoin?  We know they are intrigued by the underlying technology of bitcoin, the blockchain.  Please back up your claims.

Well most of them think it is just a fad from what we are seeing. No one really picked it up after the bitcoin bubble popped. But some do see the merits and benefits of blockchains for their internal use cases. But bitcoin itself remains an outsider and an "exotic" investment of sorts.
Reason for that is of course, they would have to consider the profitability of bitcoin in the future. If they feel as though they would, then they are sure to be investing in bitcoin.

Other than those advantages of bitcoin and blockchain applications, the force from their employees for their salary in bitcoin will make remarkable chances in their standing about bitcoins. I believe, most of corporations will adopt bitcoin with their own reasons similarly how individuals are doing right now.
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August 07, 2016, 10:43:03 AM
 #39

they will regret not choosing bitcoin ini.Tapi when we look for today many companies do not care about Bitcoins , with only a few companies accept but such a large , Overstock , Dell and Microsoft for some and lately also the name Steam . This is great for bitcoin as is great publicity for it from these companies . Anyway for the moment only a few companies as mentioned above view bitcoin as an ally while almost all the other people are not interested in it yet .
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August 07, 2016, 10:48:48 AM
 #40

   Corporations are exist to make profit for some group of people. They are in everything around us, in every little store, shop, company, bank, government. I suspect they are in bitcoin already, but like everything they do its covered with secret.
   They earn money on everything, who knows maybe this fluctuations in bitcoin are done with help of some corporations, we know they have money and human power to do what ever they wish.
   
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