Why do big corporations accept BTC?

[Rufsilf]

Because they know for a fact that bitcoin has the opportunity to have a greater value than what it has initially. A single bitcoin could give a lot of money to a company, then why not accept it then? If you want your company to succeed or to have more income or money then go and accept bitcoin, but do not just depend on btc, I mean, time will come that when you need money and bitcoin will have a lower value on what you needed. If you are investing in a big company and you need money when bitcoin is struggling, then you'll have a problem with that.

[1715333631]

1715333631

[1715333631]

1715333631

[kaizerblitz]

I think they use to accept bitcoin because they see the future of cryprocurrency and bitcoin will do it.

[imking]

Hi there,

first off - @admin, I´m 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, it´s 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 that´s 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, it´s really grinding my gears  Huh Huh

Thanks a lot Smiley

Base on my view big cooperation accept the bitcoin because they see the bright future of the bitcoin, they realized the bitcoin would be big impact on the world. Bitcoin is useful stock or holding for long-term investment. We don’t know a few years later bitcoin value will hit half millions of dollars. Bitcoin can also be the new tools of the fast and smooth transaction all over the world.

[DaveWave]

Hi there,

first off - @admin, I´m 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, it´s 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 that´s 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, it´s really grinding my gears  Huh Huh

Thanks a lot Smiley

Base on my view big cooperation accept the bitcoin because they see the bright future of the bitcoin, they realized the bitcoin would be big impact on the world. Bitcoin is useful stock or holding for long-term investment. We don’t know a few years later bitcoin value will hit half millions of dollars. Bitcoin can also be the new tools of the fast and smooth transaction all over the world.

These giant companies are also like bitcoin before as they started small but knowing their potentials especially on internet technology they become big. Now these companies also know the need to upgrade their systems, the need to change and adopt which is better so of course they clearly see bitcoin, crypto and blockchain potentials in the near future.

[Edsemen]

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.

Well somehow other company wants to find reliable and fast payment thats why they go for bitcoin as it is more popular for those big investors which trust for it as one of there way of having more profit at any time if they want.
Also bitcoin has the ability of reaching high value unlike others so if big corporation would be part of it then they will also have bigger outcome.

[Gheka]

Hi there,

first off - @admin, I´m 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, it´s 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 that´s 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, it´s really grinding my gears  Huh Huh

Thanks a lot Smiley

Base on my view big cooperation accept the bitcoin because they see the bright future of the bitcoin, they realized the bitcoin would be big impact on the world. Bitcoin is useful stock or holding for long-term investment. We don’t know a few years later bitcoin value will hit half millions of dollars. Bitcoin can also be the new tools of the fast and smooth transaction all over the world.

These giant companies are also like bitcoin before as they started small but knowing their potentials especially on internet technology they become big. Now these companies also know the need to upgrade their systems, the need to change and adopt which is better so of course they clearly see bitcoin, crypto and blockchain potentials in the near future.

If our lives are more developed, technology will also need to be changed and improved to match that, bitcoin and blockchain technology are becoming the beginnings of that era, nothing is too surprising when large corporations accept bitcoin. Bitcoin offers a new payment system and it is also a great investment, accept it only benefit without harm, in addition, I think the purpose behind this issue is taxation, large corporations can take advantage of Bitcoin to avoid taxes that the government can not know

[okissabam]

I believe some big corporations accept Bitcoin too because once people pay them with Bitcoin and then the coin will be transferred to some wallet, they will be holding a couple of Bitcoins in the next few years. And once Bitcoin will be fully mined in the future, the value of Bitcoin will be worth more than what its current value is. It would be like making a savings account on your bank with huge profits in the next couple of years to come.

[Sirtho]

Why do they not accept? They know that the bitcoin will be valued further, and that's how they invest their money in the bitcoin.

[Betwrong]

~
If our lives are more developed, technology will also need to be changed and improved to match that, bitcoin and blockchain technology are becoming the beginnings of that era, nothing is too surprising when large corporations accept bitcoin. Bitcoin offers a new payment system and it is also a great investment, accept it only benefit without harm, in addition, I think the purpose behind this issue is taxation, large corporations can take advantage of Bitcoin to avoid taxes that the government can not know

I'm sure that the government will find a way how to tax them. If hypothetically you can hide your real yearly income with the help of Bitcoin it doesn't mean you have the right to do so. Several abusers will be severely punished for hiding their profits and others will start thinking on whether they should take the risks.

Big corporations will be accepting Bitcoin and other decent cryptos more and more in the future. And the very first ones who will be doing that will be more prosperous.

[gambitcoin53]

Hi there,

first off - @admin, I´m 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, it´s 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 that´s 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, it´s really grinding my gears  Huh Huh

Thanks a lot Smiley

The popularity and population of bitcoin is growing by the day thus businesses worldwide are now accepting it. They are also coping up with the advancement of new technology that is why they are adopting it.

May i add, big corporations has the capabilities to fund these technology, they have huge assets to level with current value of bitcoin today, unlike small merchants who has limited funds, plus, you are right they can read the trend based on popularity how bitcoin will be more beneficial for them in the future, they have long term goal as far as investing in bitcoinis concern by accepting it as payment.

[therozaq]

Hi there,

first off - @admin, I´m 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, it´s 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 that´s 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, it´s really grinding my gears  Huh Huh

Thanks a lot Smiley

the big corporations know what the future need. it is a digital currency. so they are accept the crypto currency, BTC. because many advantages of the bitcoin.

[Boldcom]

Hi there,

first off - @admin, I´m 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, it´s 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 that´s 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, it´s really grinding my gears  Huh Huh

Thanks a lot Smiley

not all big companies accept bitcoin or crytocurrencies as mode of payment. not sure why but it would be better if most will so they can cope with the changes in the environment. i am sure that with current trends in technology, most companies will accept bitcoin and will have the capability to accept bitcoin as mode of payment.

[boatswaincreditE]

I don't know I am too confused why they do so. Don't they suffer a loss?

[qwertyup23]

Generally bitcoin was made with characteristics to be the leading coins ever or made to be the future money, the future to use in transactions. Corporations, companies and also malls accept bitcoin as payment. Maybe they see the future of its potential in doing business transactions. And maybe they believe to its long long domain terms in business world.

Well another name for 'corporation' is 'business', and the reason on why they accept bitcoin is due to its potential in the market. Their goal is to maximize their profit while limiting the risks involve. Bitcoin, while its nature being risky, has the element of having a 'high-risk, high-reward' type of aspect wherein one may yield large amounts of profits in a short amount of time.
Like you mentioned, businesses will resort to means in order to maximize the diversification of their profit by allowing bitcoin into transactions around the world.

I don't know I am too confused why they do so. Don't they suffer a loss?

Before they accept bitcoin as a payment, they DO understand the risks involved. But sometimes the profit outweighs the risks in the aspect of profit realization. Think of it that they will be able to conduct business transactions around the world relative to the country that they are staying (due to various laws). Some countries even lack necessary laws that prohibit the utilization of bitcoin which in return, is beneficial to these companies.

[Ghayoor]

Many big corporations is now accepting bitcoin as a payment, because i think they see many people are now holders of bitcoin and and also many people will be continuing to adopt it and use it as a payment system, and maybe they see that bitcoin is the next future payment system.

Even right now, many big financial institution and have good reputation investment bank want to involve in cryptomarket, I am believe because they see crypto potential in the future. Bitcoin is the future and big company want to involve to make big profits from it

Digital payment will be common in the future and internet will dominating transaction I am believe. Big corporate must be seeing this potential and they believe that bitcoin have more potential become international currency on internet transaction because bitcoin have many advantages for that kind transaction

yes i agree with you digital currency can make work easy and its also paling a big role in any economy.

[valentine401]

Hi there,

first off - @admin, I´m 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, it´s 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 that´s 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, it´s really grinding my gears  Huh Huh

Thanks a lot Smiley

Cryptocurrency can affect the business on either positive or in a negative way because the price is volatile and if the market price of bitcoins has changed drastically then business will have a hard time to catch up and they may lose their own business.

[A7373]

Large corporations take bitcoin because it would show their consumers that they are going with people, keeping up with the times and thereby increasing recognition!

[Dark Sky]

Many big corporations is now accepting bitcoin as a payment, because i think they see many people are now holders of bitcoin and and also many people will be continuing to adopt it and use it as a payment system, and maybe they see that bitcoin is the next future payment system.

Even right now, many big financial institution and have good reputation investment bank want to involve in cryptomarket, I am believe because they see crypto potential in the future. Bitcoin is the future and big company want to involve to make big profits from it

Digital payment will be common in the future and internet will dominating transaction I am believe. Big corporate must be seeing this potential and they believe that bitcoin have more potential become international currency on internet transaction because bitcoin have many advantages for that kind transaction

yes i agree with you digital currency can make work easy and its also paling a big role in any economy.

yes its very helpful in our life and also a country's economy will very improve by digital currency, so that's why bitcoin accept big corporation for our comfortable life because bitcoin better knows that it can solve every problem in this tough life and specially for those who cannot manage in salary and those people who have no job, so bitcoin can make their life very easy.

[octagonsaute]

May be because the big companies exchanges bulk amount of coins in processor called Bitpay. As I have heard.

[lzby2000]

Big companies accept bitcoin payment because they know the benefits of bitcoin, which can bring the industry's biggest attention in a short time and deliver positive signals to their business partners, which is very good for big companies.