Why do big corporations accept BTC?

[ongels]

In my own speculation, They see the brighter side of bitcoins in the future, aside from that processing bitcoin are more efficient rather than fiat currency so they realized bitcoins will moving far in the upcoming days:)

[Tizianodg]

Because in addition to providing better collection facility, all this is at a lower cost because there are no intermediaries, but the money passes from person to person. But while the widespread adoption of Bitcoin is spreading, more companies and websites incorporate it as a method of payment for their services.

[lesinset]

BTC is a good investment. And maybe, that's what those big companies are up to, good investment. And being paid with bitcoin is an easy way to gain bitcoin. Just like how 50 Cent was paid in 2014 for his work.

[Neerajkumar]

BTC being the top most crypto currency and there are no intermediaries,the money passes from person to person.The investment in bitcoin is more profitable than any other cryptos and the high returns lucrat the investors to invest in it and that's why the big companies accepts bitcoin.The increasing price is the best source to earn the high returns with limited investment.

[GregH37]

They don't actually get BTC in exchange for their services/products. They use third party bitcoin payment services who automatically exchanges the BTC payment into currency. Companies are too wise to just accept payments that might change in a moments notice.

Don’t know whether it is happening or not but I think, you are right. Actually I am a little bit confused now. Google say that Microsoft started accepting bitcoin for its services and products since 2014.

Then Bill Gates also praised it. Recently the co-founder of Apple, Steve Wozniak passed a statement that bitcoin is better than all other currencies or you can say paper money. By these news, it looks like these companies are holding bitcoin.

[Rhaizan]

In my own speculation, They see the brighter side of bitcoins in the future, aside from that processing bitcoin are more efficient rather than fiat currency so they realized bitcoins will moving far in the upcoming days:)

I agree. Maybe some of the big company now realize how important bitcoin is, and how it use for every day, now a days many store are accept bitcoin maybe they also want to have bitcoin that's why they accept it.

[Rony24h7]

Bitcoin is a very expensive coin and by transferring some bitcoin you can transfer a very big amount of money without any type of taxes or any other things like that. If we pay money to an organization or corporation by paypal or any other thing like that then we have to pay almost 2.9% or more on the amount we send as fee but if we pay that money by using bitcoin then we have to pay only 1% as fee.

So it is clearly visible that it is very useful and helpful to our pocket balance and there is less hesitation in using bitcoin so that some of the corporation start to accepting it.

[BitcoinPaw]

Because they want to get more money and bitcoin is always growing so they just getting profit from us It's very obvious and easy question to answer.

[sutil]

If there are company's that are accepting bitcoin now it is because they are aware of the good future that awaits for those who support and use it too.

[hajimasan]

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

In actual these big companies are with the trend that are going in the current time , and that is much better thing for us to have such things in our community world of economic integration .
Here I am happy that they are re with the cryptocurrency to accept as a payment because these are forcing us to use bitcoin like cryptourrency more and more and also they are in fvaor to use cryptourrency and may be if any country's government will make any ban type thing with bitcoin then these big companies will come against that rule , so a type of basic support we will have with such big companies .
And another thing that you asked is that how much they convert Fiat to btc and btc to Fiat , then I can say only in small amount because the main reason behind this factor is that only few % of 5-6 of the world are using bitcoin and only a small.part of the bitcoiners are using bitcoin for the payment purpose .

[Vaskiy]

Corporates were the one who has been a part of the technology based development. Along with the same depending upon technology each and every move is done and the same leads to their revenue. In this regard being a part of the advancement corporates prefer bitcoin acceptance.

[gwapo.zylle]

I just think that today bitcoin is very popular and that is why many companies are receiving bitcoin.

That is true that bitcoin is very popular all over the world. That is why many companies are receiving bitcoin because they knew that they can gain from it which can help to develop the progress of their companies. Corporations also accepts BTC nation wide.

[bololord]

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

Big corporation accept bitcoin because they need bitcoin for their company. And since bitcoin can be trusted and alot of users are been using it now and see how the good result and earnings happened to there company. And this bitcoin can be also say that it is newly advancement technology nowadays that can be used for fast and esiest tramsactions.

[ronics]

 I believe that from the very beginning there are many companies who really have their own mind using bitcoin and others are also using coins as a mode of payments for it proper way and its services .now there are high payment transaction because of a services fee and volality .there a bitcoin plan change is really all about the work of our live .because of a fastness of the transaction and I'm being decentralized in nature and also mining fee are high .not just now bitcoin is really popular with everyone and so many companies are receiving bitcoin.

[Nylelyn]

One of the main reason why top corporations accept Bitcoin is due to the fact that Bitcoin is popular and brought decentralization. It is one of the latest trend these days in terms of online currency and transactions. In short, Clients find bitcoin payment transaction as fast and a lot easier since it does not require any documentation and can be done anytime and anywhere. Many prospect clients acquire bitcoin as part of their investment to earn profit and at the same time can be used as online their online money.

Top corporations are able to meet the technical requirements to process bitcoin. It can attract more clients which can mean more business for them. Transactions in any part of the world can be done faster.

[Webetcoins]

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

It is true the profit of bitcoin is much higher because of high acceptance of high companies now, bitcoin is working so high in industries and it will rise with investment at industrial level. Future of bitcoin will be bright if more people will use bitcoin and they will show interest for bitcoin, now only small but at high level now, coming days will be good for bitcoin users as they will have some source of money making and will accept bitcoin more than any other currency.
Big company  accept this bitccoin because of it good feedback from different people . And bitcoin can give a higher value faster than the other banks. It also has a fast transaction method and most advance .

[Sled]

One of the main reason why top corporations accept Bitcoin is due to the fact that Bitcoin is popular and brought decentralization. It is one of the latest trend these days in terms of online currency and transactions. In short, Clients find bitcoin payment transaction as fast and a lot easier since it does not require any documentation and can be done anytime and anywhere. Many prospect clients acquire bitcoin as part of their investment to earn profit and at the same time can be used as online their online money.

Top corporations are able to meet the technical requirements to process bitcoin. It can attract more clients which can mean more business for them. Transactions in any part of the world can be done faster.

In short, it is about the customers that prefer bitcoin as a mode of payment right now. Bitcoin is a really great mode of payment because of the security and ease of making transaction and it really catches the eye and attention of the people and that became the reason for them to use bitcoin and invest their money into it because there is a huge bright future that is waiting for bitcoin.

[metenjean]

I do think that great minds think alike, these companies started from scratch when there is no one believing in their future and project and they actually strive through all of it and in this reason Bitcoin also the future transaction which will be implemented mostly when government started to write a tax law for it. So overall i do think they accepted it because of the future bitcoin holds, not only in digital payment but also in future digital transactions  and not to mention this is a good advertisement for both companies and bitcoin community

[PalindromemordnilaP]

I think big corporations accept BTC to help speed up their daily transactions with the help of blockchain. These companies really have a good vision for the welfare of its employees and clients as well.

[katrimans]

I think big corporations accept BTC to help speed up their daily transactions with the help of blockchain. These companies really have a good vision for the welfare of its employees and clients as well.

It is now a digital age, everything is transforming from smart to smarter. People are more concerned about the security of their items than they were before. Governments are looking forward to make some policies to legalize it and companies are willing that their transactions should be dealt in bitcoins.

A famous company eBay has accepted the bitcoin as their payment method, other companies will also be looking forward for something like this to facilitate their customers and for their own benefit also.