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Author Topic: Cryptocurrency could help your business or not?  (Read 1900 times)
Marlo Stanfield
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June 30, 2018, 07:30:57 PM
 #241

very many interesting opinions! I will say one thing, those large companies that do not now start using the crypto market system and will not start using new payment systems, these companies will remain in the old century! they will come very long to catch up with companies that have already started using the entire crypto world system! the world will change soon, so many companies will die! the whole world economy will change in the near future! and we live in an amazing time, when all the world's foundations change!

The thing is that since around 2013 tons of major companies have signed up with payment processors like Coinbase and Bitpay in order to take BTC payments. Generally I don't think it's been very successful. BTC isn't great at consumer payments when you have to compete against credit cards which offer tons of benefits and protections for consumers. Bitcoin is great as a financial tool, but payments are pretty weak so far.
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June 30, 2018, 07:31:20 PM
 #242

In near future more and more businesses are going to accept bitcoin as a payment method. Even if I open a startup I am also going to accept all the Bitcoin and altcoins as a payment method. Crypto Currencies can be easily trusted because all the transactions are transparent and we have a lot of confirmations(witnesses). Blockchain cannot be modified or else all the blocks will become invalid and the whole thing has to be done again which will probably shut down the whole community. I think it is perfect for a business and everyone should embrace it.
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July 07, 2018, 04:01:25 PM
 #243

Electronic money can help my business grow. Because this is a unique thing for Robinhood Markets Inc. Is a company that does not make a profit from commissions but instead makes money on your balance. The more users and the more they invest, the more people earn more money than Robinhood.
etsonarrantes
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July 07, 2018, 04:48:26 PM
 #244

Ofcourse it would help. And it is helping right now. In my country we have very high bank taxes and i am making my transactions with using cryptocurrency and i feel happier. Low cost and more safety. Many other people is doing the same thing like i do. And the number will go higher everyday and soon paper money and banks will fade..
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July 07, 2018, 05:01:01 PM
 #245

It depends on what kind of business you are handling and what is the strategy you are using to help your business with cryptocurrencies.
krayzie32
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July 07, 2018, 05:01:28 PM
 #246

of course the purpose of the crypto is help the economy and finance. you can see there are more and more corporations use blockchain technology and crypto in their business.

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July 19, 2018, 06:38:10 PM
 #247

Nowadays Bitcoin's price is growing. It is a good news for the bitcoin's users because many people of the world are in bitcoin investment, campaign, bitcoin mining and trade. They are fully depends on the bitcoin and they have succeed in bitcoin trade or bitcoin. For this reason I am sure that cryptocurrency could help our business.
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July 19, 2018, 10:39:43 PM
 #248

With speed, ease of access and minimal transaction fees, people are likely to patronize any form of business when they come to understand how blockchain really works. Everyone wants their transactions to be done on time. Going through some red tape could be very boring.
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July 19, 2018, 11:37:14 PM
 #249

Yes, and I think it is happening all the time. In the future it may help our business, because we will pay by btc.
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July 19, 2018, 11:52:44 PM
 #250

For sure i actually see the future of this world as cryptocurrency which is going to be a master piece to unlock divine potential and breakthrough for all businesses. I mean it will be the business itself, that is going to be of great help to the world.
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July 19, 2018, 11:54:38 PM
Last edit: July 20, 2018, 12:51:58 AM by mr_enoc
 #251

I see it as a good one that will surely help me with my business someday. It is a good tool that will help for every businessman/businesswoman for a much easier and fastest online transaction.

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July 19, 2018, 11:56:19 PM
 #252

If it's popular enough, it would help all the things! I believe in near future we can use crypto as daily payment Smiley
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July 19, 2018, 11:58:17 PM
 #253

Yes cryptocurrency help me in my business especially capital because when you open a business you must have extra income extra money to finance it and to expand it when needed.
Yes it actually can help my business as a capital, my main reason in investing in bitcoin is to gain money and use it for a business because we have a family business and my father alreay gave it to me. And right now i would say i can manage this because i have money to support it, thanks to bitcoin.

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July 20, 2018, 12:04:20 AM
 #254

It'll definitely help when crypto is adopted by the mass. But currently it would not make a difference in my opinion.
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July 20, 2018, 12:26:02 AM
 #255

I was doing some research online and I stumbled on this kind of news. https://news.bitcoin.com/since-embracing-bitcoin-robinhood-app-value-jumps-to-5-6-billion/

The article said that robinhood app after embracing cryptocurrency have its value jumped to 6 billion dollars after embracing bitcoin. This is a good sign that more and more people are engaging into bitcoin. If more business will enter into the world of cryptocurrency and will bring back the original purpose of cryptocurrency as a medium of exchange rather than just and object of income and a trading item then surely we could revolutionized the world of finance and economy.

With robinhood as an example do you think there will be more business online that will boom and will not go bankrupt due to cryptocurrency?

I guess its hard to determine such facts base on one example so let us wait for the future to unveil itself.

Bitcoin can help businesses grow but it is only applicable for anything that can be transacted online. Even if bitcoin will be legally made into a virtual currency not all people can and will have access online. But it really can benefit if bitcoin is partnered with any business

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July 20, 2018, 12:37:08 AM
 #256

For me it helps alot because im a young businessman and at first i have no one and nothing to rely on where to get my funds untill i come up with bitcoin.Bitcoins help me to get initial funds to start up and get my business kicking now.As a shoes reseller and my own loading station
Of course yes, bitcoin can help the economy of a specific contry so why not businesses? bitcoin is very helpful when it comes to finances, just think about a hassle free transactions you can do with bitcoins. However, establishing bitcoin business rrlatrd is very risky due to volatility of it, you cant control the price and your business progress.

Hardtolife
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July 20, 2018, 01:20:31 AM
 #257

Yes cryptocurrency help me in my business especially capital because when you open a business you must have extra income extra money to finance it and to expand it when needed.

True, I also experienced it that way because all businesses must initially have a lot of capital. bitcoin may not be a direct benefit but to help ease our burden in getting money. for me bitcoin is the most profitable business because it does not have to have a lot of capital and also a lot of income if we do it right.
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July 20, 2018, 01:28:38 AM
 #258

it clearly depends on how is your bussiness being managed, if your bussiness is related to this kind of payments, then why you should not accept bitcoin or any other coin? just go ahead, and maybe you will get much more customers by doing that.

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July 20, 2018, 01:31:50 AM
 #259

Cryptocurrency can really help raise the financial status of a business because you can invest some income that have been generated from the business and use it to invest into bitcoin or any other potential token that you find on the market. When the market rises you will earn some amount of money from it that is way better than investing into the banking sector. The profits generated form investing into bitcoin can be used to further expand the business.

arief.sutono
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July 20, 2018, 02:49:13 AM
 #260

For me it is very helpful because I am a businessman and at first I have no one and no one depends on where to get my funds until I come with bitcoin. Bitcoin helped me to get initial funding to get started and get my business kicked now As a shoe seller and my own loading station. Thanks
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