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Opnsrc
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April 25, 2018, 08:36:27 PM |
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More than 50,000 U.S. merchants already accept bitcoin, and you may soon fall behind your competitors if you don’t have a plan for dealing with cryptocurrencies.
Over the short term, it means getting educated about the technology and adapting some business processes. Over the long term, it offers increased simplicity, greater efficiency and lower costs.
More or less bitcoin can be like another business or a tool that can be use for your business. Why? It is because of easy transactions, it simplify the way of life and there is a better profit in it. I cannot say that this is a very simple business. yes, it brings a lot of excitement and lets you making good profits, but you should never stop your self-education. Trading and dealing with BTC needs experience. |
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Unlike traditional banking where clients have only a few account numbers, with Bitcoin people can create an unlimited number of accounts (addresses). This can be used to easily track payments, and it improves anonymity.
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KeijiN
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April 25, 2018, 09:30:57 PM |
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it appears that bitcoin is kind of preferable self employment program. For anyone who wants to invest and work on it.
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Cookie Man
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April 25, 2018, 09:41:51 PM |
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The most famous aspect of BTC dealing is either mining or holding,while holding coins, an investor aims to add value on the coin By hoarding it thus increasing demand for the few coins that exist.
Trading on the other hand is just buying and selling coins, with the biggest factor being timing.BTC dealing is therefore just a another business venture.
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ambisyon
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April 25, 2018, 09:51:26 PM |
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Yes, when you engaged with bitcoin, it's already business where many big companies are adopting this currency in their business applications such as payment of bills, money transactions , trading and investments. With this, probably this is an open door to other business competitors to thrive in their own since they are seeing growth of bitcoin users.
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daarul50
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April 26, 2018, 08:36:31 AM |
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The adoption of payment methods for various businesses in U.S is supported by governments that accept bitcoin as a method of payment. Whereas I personally live in a country that does not accept bitcoin. Then, it is natural that other countries will be left behind because it is very difficult to adopt the method of bitcoin payment because if we use bitcoin in business here is considered a business with illegal payments. Inevitably, I must postpone the adoption to avoid the risk that will be accepted later.
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Jlimao28
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April 26, 2018, 08:51:52 AM |
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More than 50,000 U.S. merchants already accept bitcoin, and you may soon fall behind your competitors if you don’t have a plan for dealing with cryptocurrencies.
Over the short term, it means getting educated about the technology and adapting some business processes. Over the long term, it offers increased simplicity, greater efficiency and lower costs.
According to what you said, bitcoin is not a form of business but it is just a tool that the businesses accept. Bitcoin is a currency, it is used as a medium of exchange and big companies are just integrating bitcoin in order to pay salaries & receive payment with their customer. I disagree that bitcoin can be a new form of business because its main goal is to be a digital currency. |
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TheGodFather
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April 26, 2018, 09:02:03 AM |
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More than 50,000 U.S. merchants already accept bitcoin, and you may soon fall behind your competitors if you don’t have a plan for dealing with cryptocurrencies.
Over the short term, it means getting educated about the technology and adapting some business processes. Over the long term, it offers increased simplicity, greater efficiency and lower costs.
To me bitcoin is more of a business in a sense that it acts as the digital counterpart of the physical money which means that it can travel faster still retains its value and can be processed anonymously. But it is still majorly a currency a way for us to have a money where if we would like to apply it globally can work hand in hand with the currency physically we have now and be a way for people to earn and save by just simply investing on it |
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socksserver3
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April 26, 2018, 02:24:40 PM |
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I think your point of view may have sense. It may be considered a kind of business if you know how to earn bitcoins. As for me, I treat it as a good way to get profit in the long-term.
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asm0305
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April 26, 2018, 02:27:52 PM |
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Yes i am,
Because nowadays many youths are joining into bitcoin and also its creating a falcon era in society which everyone are thinking to join because of its profit earning in bitcoin and improving their standard of living in life.
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AntonGrishko
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April 26, 2018, 02:30:23 PM |
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Yes I think that bitcoin is just like another business in the sense that it includes money and when you risk money you can earn money or you can lose some.
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Ankhesenamun
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April 26, 2018, 02:42:05 PM |
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More than 50,000 U.S. merchants already accept bitcoin, and you may soon fall behind your competitors if you don’t have a plan for dealing with cryptocurrencies.
Over the short term, it means getting educated about the technology and adapting some business processes. Over the long term, it offers increased simplicity, greater efficiency and lower costs.
If you want to keep up with the times, then you need to match. Bitcon today is exactly what will be everywhere in the future. Soon they will be able to pay everything from food to real estate. |
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Traslavin
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April 26, 2018, 02:46:45 PM |
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More than 50,000 U.S. merchants already accept bitcoin, and you may soon fall behind your competitors if you don’t have a plan for dealing with cryptocurrencies.
Over the short term, it means getting educated about the technology and adapting some business processes. Over the long term, it offers increased simplicity, greater efficiency and lower costs.
More or less bitcoin can be like another business or a tool that can be use for your business. Why? It is because of easy transactions, it simplify the way of life and there is a better profit in it. I cannot say that this is a very simple business. yes, it brings a lot of excitement and lets you making good profits, but you should never stop your self-education. Trading and dealing with BTC needs experience. Yes bitcoin is not an easy or simple business I guess it is a complicated business that full of excitement and new things. Full excitement where you will be surprise whatever the result may out because it's either you earn huge or small you can't tell. Above all this kind of business need your self-education and a lot or research and knowledge. |
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angelinedelatorre
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April 26, 2018, 03:11:00 PM |
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Yes! I agree that bitcoin is a business because we investing money in it. In business we need capital to earn. In bitcoin we also need capital to earn. We buy, hold and sell token in the internet I think it is an internet business that need investors to success.
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Zahrowil Qolbi
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April 26, 2018, 03:25:11 PM |
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is not bitcoin is cryptocurrency? bitcoin is not a business. many businesses use bitcoin as a payment. can be said business if you tadring in it.
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flower1024
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April 26, 2018, 03:32:22 PM |
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More than 50,000 U.S. merchants already accept bitcoin, and you may soon fall behind your competitors if you don’t have a plan for dealing with cryptocurrencies.
Over the short term, it means getting educated about the technology and adapting some business processes. Over the long term, it offers increased simplicity, greater efficiency and lower costs.
More or less bitcoin can be like another business or a tool that can be use for your business. Why? It is because of easy transactions, it simplify the way of life and there is a better profit in it. I cannot say that this is a very simple business. yes, it brings a lot of excitement and lets you making good profits, but you should never stop your self-education. Trading and dealing with BTC needs experience. Yes bitcoin is not an easy or simple business I guess it is a complicated business that full of excitement and new things. Full excitement where you will be surprise whatever the result may out because it's either you earn huge or small you can't tell. Above all this kind of business need your self-education and a lot or research and knowledge. You know something if we accept Bitcoin as payment suppose the price go high no problem but suddenly if it drops and stable at a low price means how can we handle our business and how can we judge your business either we are in profit or loss. In a small scale industry we can do trial and error method but large scale it is very risky. |
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Msile
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April 26, 2018, 03:36:05 PM |
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Bitcoin isn't competing to be a business but a currency. Bitcoin isn't something that was made to earn money to its creators unlike businesses. There might be 50k merchants accepting bitcoin but the number of transactions they might be generating is very small and until that becomes big you cant count it as acceptance.
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Ashong Salonga
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April 26, 2018, 03:41:38 PM |
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It was designed to run at the principles of business. How else would people around the world pay millions of dollars pay day in electricity cost to provide security in the system?
Well it definitely is a business. How else would everyone earn from it? But to be more accurate, it is an investment program. Unlike a normal business that the only one who profits drom it are the owners. In bitcoin, everyone earns as if they are also part of the so called business. |
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tegarp90
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April 26, 2018, 03:57:39 PM |
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i still not sure bitcoin will be able to do daily transaction in the future since the fee is always increasing every moment.
Hope they can make bitcoin fee lower later
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evermak
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April 26, 2018, 04:00:36 PM |
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The number you quoted is still very small in comparison to total number of merchants. If you consider the situation worldwide, it will be less than 0.1 5 merchants accepting bitcoins.
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Dudeperfect
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April 26, 2018, 05:30:42 PM |
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See, everyone will use Bitcoin as far as it is profitable for him not only in terms of cost but also in terms of time and user-friendliness. I believe that we will see Bitcoin/crypto as a better solution as compared to that of the traditional payment system in the coming decade but we need to work on some issues like high transaction fees and confirmation time. It doesn't make any sense to a user to use Bitcoin if he is getting something at the cost of Bitcoin transaction fee (most of the things of daily need are available at the price of the average transaction fee). I am optimistic about Bitcoin in the coming decade considering growth potential and scope.
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