Corporations and Bitcoin

[Xiaoxiao]

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.

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[Xester]

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

[lightyard12]

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.

[drwtsn32]

In my country, Bitcoin is really recognized already but I'm afraid of what they mean about "rules" and "regulating":

http://www.bworldonline.com/content.php?section=TopStory&title=bsp-readies-rules-for-virtual-money-crowdfunding&id=128609

It makes me think that involvement with corporations is far away from happening yet.

[Xiaoxiao]

Also the key is not necessarily how they feel right now, but how will they feel about bitcoin?

[ObscureBean]

I think that as long as they can profit from it they will view Bitcoin as an ally, as means to expand and reach people who do not have access to cards/PayPal etc. Most of them are probably still weighing the risks while keeping a close eye on how things unfold. I doubt that any of those big corps would consider holding on to Bitcoin itself, so they need reliable/ insured/regulated third party processors to instantly convert Bitcoin they receive from their clients into Dollars. BitPay is slowly making a name for itself and so is Coinbase but at the level we're talking here, there are tons of legal kinks that need to be carefully analysed/studied and eventually ironed out before actual implementation happens and this is a slow process.

[BitcoinSupremo]

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.

[poptok1]

Also the key is not necessarily how they feel right now, but how will they feel about bitcoin?

I don't think it really matters what those big corps think, now or ever about bitcoin.
We have saw that all they have interest in is blockchain tech. They may enable us to pay for their products in BTC but I'm sure they wont hold on to them for to long. Quickly to the exchange they go.
Technology of BTC is a different story. Still open source, so they will chase that rabbit, to make a good use of it. Nothing wrong with that unless...
And here is the question, can this tech. could be used against us?   
 

[designerusa]

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.

especially, finance companies are focusing on blockchain technology and i think it is as it should be. according to me,  bitcoin will evaluate and be used  by companies in various applications thanks to blockchain technology.

[TastyChillySauce00]

In my country, Bitcoin is really recognized already but I'm afraid of what they mean about "rules" and "regulating":

http://www.bworldonline.com/content.php?section=TopStory&title=bsp-readies-rules-for-virtual-money-crowdfunding&id=128609

It makes me think that involvement with corporations is far away from happening yet.

it could possibly mean a restriction or more security,being regulated have disadvantage and advantage,sometimes it's strict the thing which being regulated too much but also would giving more security

[hawkins]

I think large Corporations are already starting to see bitcoin as a payment instrument that is pretty good. maybe in the next few months, bitcoin has begun in use by several large Corporations. even a Corporations as powerful as paypal has already started to see the greatness bitcoin. I also think that someday paypal will use bitcoin

[asriloni]

I think large Corporations are already starting to see bitcoin as a payment instrument that is pretty good. maybe in the next few months, bitcoin has begun in use by several large Corporations. even a Corporations as powerful as paypal has already started to see the greatness bitcoin. I also think that someday paypal will use bitcoin

you don't need to think that someday paypal will use bitcoin because it was already happened, just see their recent  news,they having cooperation with coinbase and accepting bitcoin,now seems bitcoin can grow bigger with paypal rather than competing each other

[Enotche]

At present, not only large companies accept cryptocurrency, but also small organizations, companies and online stores.
Bitcoin startups attracted maximum investments of all time, about one billion dollars.

[rphk]

i believe incorporating bitcoin  as a payment method  for larger corporation happens more and more it will be good for the bitcoin popularity , currently only online based companies having this method ,offline corporations also should adopt  bitcoin as a payment ,by this there will be more popularity for bitcoin.

[Wendigo]

Big corporations strive to earn bigger profits and if Bitcoin could give it to them and the demand for such a technology is there they will surely invest and implement Bitcoin & Blockchain technologies in their infrastructures. But in general all they care for is money so if there is not enough demand or interest on the part of their customers they may opt out of using Bitcoin at all. Microsoft for example was going to drop Bitcoin support in the Windows store probably due to not enough interest from buyers.

[davis196]

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.

What big corps are you talking about?Microsoft,Google,Apple,Yahoo?

Are you talking about big financial corporations and banks?Be more specific.

I don`t think that they really care about bitcoin...

[buy4crypto]

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.

What big corps are you talking about?Microsoft,Google,Apple,Yahoo?

Are you talking about big financial corporations and banks?Be more specific.

I don`t think that they really care about bitcoin...

Companies are coming around.

Especially companies like banks that could benefit from the blockchain and ledger technologies

[Xiaoxiao]

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.

What big corps are you talking about?Microsoft,Google,Apple,Yahoo?

Are you talking about big financial corporations and banks?Be more specific.

I don`t think that they really care about bitcoin...

I think the big corps are all related in some way or will be more and more connected.  It's just like the global economy; the markets are all connected.  That's why I grouped them together.

[serjent05]

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.

They think Bitcoin is a joke, No Big company here in my country is into Bitcoin.  They never advertise or pay their stuff with bitcoin.  Even manager of legit MLM company don't even consider Bitcoin as form of their payment.  Why did I know? Because I asked them and they replied face to face that they are more comfortable using a secured mode of payment feature of Banks and Paypal.  But well they are to accept if somehow Bitcoin pass some of their standard but as of now sadly it didn't.

[Xiaoxiao]

Lots of poor answers in this thread.  Nearly no one gave thought into how will the corporations receive bitcoin in the future.  Bitcoin's expansion depends on this.  The corporations are all connected.  Ownership is inter-swapped.  We're in a global economy now.  This is why world markets follow each other.