Bitcoin in business industry

[Otsu]

I am wondering if there's a huge probability of bitcoin investing will become a company's focus. Like making a company that specializes investing of bitcoins

Any thoughts?

Any possible thing could be happen here in cryotcurrency as this is becoming more popular and being adopted by some businessmen around the world. More and more people keep coming in here to learn about this currency. Even in social medias it is being trending and being talked by many people.

[ObsidianCharlie]

You guys do realize that if bitcoin reaches global adoption, and becomes the world reserve currency, new borders will have to be drawn because now a few single individuals will now own more market share of bitcoin than entire government's. Satoshi himself who's an unknown individual already owns 5%. These people are going to be incredible wealthy and powerful without having to create anything, all they had to do was buy bitcoin early while countries will literally have no way to govern its people since large amounts bitcoin was never in their currency reserve.

[JenkinsCharlie]

You guys do realize that if bitcoin reaches global adoption, and becomes the world reserve currency, new borders will have to be drawn because now a few single individuals will now own more market share of bitcoin than entire government's. Satoshi himself who's an unknown individual already owns 5%. These people are going to be incredible wealthy and powerful without having to create anything, all they had to do was buy bitcoin early while countries will literally have no way to govern its people since large amounts bitcoin was never in their currency reserve.

What's your evidence that satoshi has 1 million bitcoin?



Don't bother, because I know that we don't know who actually mined the early blocks. He released the client on the first day, anyone could have started mining on the first day.



So please stop spreading hearsay or wild assumptions as facts.

[diabolo]

Bitcoin is a multi-functional virtual currency. You can mine, trade, bag, and many others. it all depends on how a bitcoin owner wants to use it.

[nellakarisma]

if I think bitcoin has entered the online business industry that is very good. because bitcoin also provides opportunities for the poor to become millionaires in the near future ..

[Anam313]

Yes it is very likely for companies to invest in Bitcoin, because Bitcoin promises in the future, and Bitcoin has a plus value at a very high price, which in fact every company will really want big profits on every capital spent. If the adoption of the world Blockchain is currently continuing and with favorable market conditions, more corporate and individual organizations will embrace Bitcoin as a mode for transaction settlement. Then another opportunity will appear using Bitcoin as the base.

[indriyanti]

I think in the future bitcoin will soon become a good payment system, which will be used in business payments. We only need to wait for the introduction of the protocol and reduce the volatility that might soon be implemented.

[vainnew]

With any new technology there are going to be advantages and disadvantages, risks and rewards. Bitcoin is no exception. there is several why would business want to accept bitcoin. That is, Accepting in bitcoin won't make or break your business, Your business won't be exposed to price volatily, Adding bitcoins can help reconnect with past or exsisting clients, Adding bitcoin provides an opportunity to become an industry leader or lagger, Bitcoin can help fuel media coverage and raise brand awereness, Accepting bitcoin can help lower transaction fees, Help grow your business with the support of the bitcoin community, Accepting bitcoin empowers your customers.

[hungsanh2512]

If Bitcoin becomes more popular in the next few years, the government is not so strict, there will be hundreds, thousands of investors providing services to people, this is done by electronic money. Business will become more light and faster.

[Gagah119]

If the question is for "the future" of course YES everything can happen, but if the question is for the short term, I think there still needs to be a lot of improvement, considering that bitcoin prices often change quickly.

[aray80]

With the entry of Bitcoin in the industry it will provide an opportunity to provide ATMs, online and supermarket payments because some workers in this industry will receive their salaries in the form of bitcoin

[Kingathur]

That's right, we earn simply by investing in bitcoin or other ways of earning associated with bitcoin is business. Also all technologies that are created using bitcoin are sold to other companies or individuals and this can also be called a business. Bitcoin is a huge business industry and very profitable.

[Layers318]

Today a lot of businesses are flourishing incredibly because of the integration of Bitcoin into their payment systems. Other businesses also invest in Bitcoin to buttress their work input. Bitcoin is created to enhance payment by giving ownership security, fast transaction and low cost per transactions which can be made across the globe.

[jeniferqueen0409]

With the entry of Bitcoin in the industry it will provide an opportunity to provide ATMs, online and supermarket payments because some workers in this industry will receive their salaries in the form of bitcoin

I remember there was a Japanese company they paid bitcoin staff and their staff was very excited. Bitcoin in the industry, it fully meets the qualification but it is still more difficult to disseminate.

[rakokiller1]

Some companies have already used coins, and its a good example for others imho

[Taya Afi]

Worldwide, the number of companies accepting bitcoin is increasing, including giants like Microsoft, Dell and Overstock. Perhaps, right now it is the most appropriate time to pay attention to crypto-currencies and small business.

What is so attractive in the bitcoin for entrepreneurs and why has he been hearing all these years? In this article Forklog collected the main advantages and disadvantages of the first crypto currency.

The main advantages of bitcoin
Zero or very low commission
As you know, bank transfers are "famous" for high commissions. As for the Bitcoin network, here they are much lower than those of the "traditional" financial and credit institutions and practically do not depend on the transferred amount or on the location of the sending / receiving party. In addition, there is no monthly fee, all sorts of limits and other restrictions. Some online purses (for example, Xapo) and do not charge commissions when making transactions.

Almost instant payments
Bank transfers last an average of 3-5 working days. In the crypto currency, they pass much faster. Confirmation of the transaction occurs when the miners create a new block in the network, the size of which is 1 MB, and its creation takes about 10 minutes. Many often criticize bitcoin for the fact that in some cases, the confirmation of the transaction can last 5-7 hours. Nevertheless, the output is found - the implementation of the protocols Segregated Witness and Lightning Network in the near future should solve the problem of network scalability and, accordingly, significantly speed up the transaction.

No borders
Bitcoin - supranational and decentralized currency, which is not controlled by any of the organizations and none of the legislations. The first and most popular crypto currency can help many companies enter the international market, thanks to a significant saving in transaction costs, since bitcoin does not need to be converted and converted into local currency, constantly losing money on ubiquitous commissions.

[Skydreamer19]

best thing we can do as people that already use bitcoin start accepting it in trade for whatever goods/services we provide.

[Dukjila]

I am wondering if there's a huge probability of bitcoin investing will become a company's focus. Like making a company that specializes investing of bitcoins

Any thoughts?

For Bitcoin, any advance in its popularity is very useful, therefore any companies that use Bitcoin will favorably influence the prospect of Bitcoin.

But it should be borne in mind that companies should not mislead customers, you need to rationalize the price of Bitcoin.

[tantimutz]

There really are several uses in bitcoin that we can trade, mine etc. If your business uses bitcoin, it has a very good opportunity for business growth because bitcoin is becoming more popular in the coming years. maybe bitcoin will become more popular in the future and that will increase the possibility of bitcoin focusing on the business industry .

[Tinker18]

We can state that it had a great effect on inspiring the estimations of Cryptocurrency. Bitcoin may assume a part on improving a method of exchange in the Business Industry.