Why do big corporations accept BTC?

[Kamote_1102]

I don't have any ideas how much they are paying. However, maybe the reason why they're using Bitcoin is that the transaction is fast and it cost them less. and since the technology is innovating, they have to go along with the flow of the Crypto World and use it to their advantages. and besides, they're not going to use it if it will not benefit them.

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[kolinko]

Big corporations that use bitcoin by bitcoin today are very developed. Most developed countries in the world use bitcoin in the modern direction. Corporations use bitcoin to trade their investments quickly. Fast money trading leads to the possibility of profitable investments. That's why every big corporation uses bitcoin.

[dogz12]

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.

[DFLove]

I think it's simple: business involves the exchange of currency for goods or services, so why not take every possible currency? It seems fair that the currency fluctuations cause concern, but hedging is a tried and true strategy for everything from....well, everything.

It's a very cool idea that large corporations may uses bitcoin to facilitate trades. I haven't seen that happening myself.

[Sled]

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.

That is right and they are also accepting it to attract more customers to their product or service that is one of the strategy of the big corporations to make more money is to adopt the trending so they can get into more crowded area and if the people saw that their product or service is great then it is automatic profit for them.

[Goodday]

I think that when bitcoin prices go up to take huge profits like Bitcoin-accepting the Big Company makes money safer and also serves as a form of protection against financial crime. For example bitcoin can not be falsified at all. Users have full control over their payments and can not accept charges

[Elrozaq]

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

I think the big corporations accept BTC because they're product will be more accessible to many people and their transactions is easier and faster with bitcoin.

[TraiKH]

They realized the true value of blockchain and bitcoin technology was their way of building ideas that were compatible with the development and popularity of bitcoin. We have seen that Amazon may consider accepting bitcoin, dell and samsung be able to discuss more carefully when making decisions as a serious support for bitcoin and the crypto market.

[laracastvue]

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

They have a huge span of funds already before they started their own business and it was very hard to start a corporation that has a cryptocurrency connected to it since the price is unstable and you will not determine if you are going to earn profit or not.

[taxmanmt5]

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

There's so many reasons why big company joining this kind of business, number 1 like for example Microsoft; Microsoft is founder O.S which is Operating system right? almost all people the world using computer that's why Mr, Bill Gate was Number 1 Richest in the world because of that business. In that case why should i involve their business? that's because how can we mine of Bitcoin with out that O.S am I right? anyway even if there are some O.S or operating system spread out in a whole world but many of them are Microsoft.   

Bitcoin is the future currency and every big firm wants to accepts it so that they can get revenue and sales from people who want to buy their product or services in bitcoins. I recently heard the news that Microsoft has stopped the Use of bitcoins. I wonder if that is a real news as it will not be a good news for bitcoin currency.

[Mr.John19]

The large companies acknowledge the bitcoin like Microsoft, Paypal, Overstock. The first is they are trust that in the near future bitcoin value will be excessively costly. They recognize it they want backup funds. If the bitcoin they earn will be hold for the longer year they can get an extraordinary benefit. If the customer direct pay bitcoin to them the benefits they get can is too big more than if they are the one will buy the bitcoin. I respect their promoting methodology.

[carlisle1]

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

Yes thats true, and I think this is just a part of their innovation since its a corporation competencies will not be abolish , I think they mist be in line whats hot or whats in, and Bitxoj holds a lot of people, without any further talks Bitcoin catch the loyatly of the people which is the corporations was targeting , this is just a win win situation.

As theu know how bigger bitcoin world now,and continuously growing they ate targeting the people inside,as what they says If you cant hit them,then join them..they know when this community is going and they wanna get ready when we go full bloom. They can take a piece of cake from us

[Altf4]

In business the importance is partnership , so if the big corporations accept bitcoin then this a good sign that bitcoin is slowly penetrating the outside world , and not only in the digital world then bitcoin had plenty of rooms for improvement in its services.

[money_amount]

If a large corporation, they will see the development trend of this market. If they accept bitcoin then they will have an extra income as the payment of the customer. I think so

[poodle63]

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.

Also the hype that recently explodes attracting the attention of the whole world into bitcoin and finally so many people know what bitcoin is, a people mainly in technology and financial sector will trying to learn what is bitcoin and then finally they knows what bitcoin actually is.
The adoption of bitcoin as the mean of payment processor for world cup ticket itself is just a minor example of how a hype could get bitcoin adopted widely.

[Starone1]

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

There's so many reasons why big company joining this kind of business, number 1 like for example Microsoft; Microsoft is founder O.S which is Operating system right? almost all people the world using computer that's why Mr, Bill Gate was Number 1 Richest in the world because of that business. In that case why should i involve their business? that's because how can we mine of Bitcoin with out that O.S am I right? anyway even if there are some O.S or operating system spread out in a whole world but many of them are Microsoft.   

Bitcoin is the future currency and every big firm wants to accepts it so that they can get revenue and sales from people who want to buy their product or services in bitcoins. I recently heard the news that Microsoft has stopped the Use of bitcoins. I wonder if that is a real news as it will not be a good news for bitcoin currency.

Well it is true but mate everyone has faced this kind of situation as they know that bitcoin will earn profit for them so they took the risk and they did not get back from bitcoin, same as them I trust bitcoin and I know It is going to increase in future so I am not afraid to invest and start my business with bitcoin, I know I can make my future with bitcoin business and it is the only reason why I am investing and holding bitcoin, I hope soon my business will get wide and I will earn very high.

[RolandoBTC]

Bitcoin now is famous and mostly other countrys are adopting it so means many people are currently using this cryptocurrencies everyday.

[cahbagus555]

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

[buternasek]

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.

[gaurav82]

Some companies are receiving btc as payment but in some countries this is illegal. I think Bitcoin need more work on this way if they want to stay in market. Big negativity for this way Bitcoin has " high volatility". If price will stable then I think more companies can take it as payment. Because it is digital currency which can send easily from one wallet to other at international level.