Why BTC is not adapted into business??

[fernandoaleixo]

I always wondered what is the problem for BTC to be finally adopted in the wide range of business, I was expecting at least a great adaption in the online business but even so, what stops business from adapting BTC, the volatility? The low rates of adoption? Or maybe a lack of propaganda? BTC is so great and I really wish I could use it in more places IRL!

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[anushkasachith888]

Why do you say bitcoin is still not adapted into business? It has already happened in the business world. I guess you are not much aware of the shown power of bitcoin so far. Check this link. You'll see the long list of companies which accept bitcoin as a form of payment method.
https://99bitcoins.com/who-accepts-bitcoins-payment-companies-stores-take-bitcoins/

[Charithacrypto]

Because Bitcoin also not pessimism it may have some issues also. Therefor real business mans and business companies somewhat falter to invest there money for Bitcoins. And no one is a trustee or a responsible  person who can take care of Bitcoin.

This is according to my knowledge there must be other reasons also. Thank You

[burgerpatty]

I am amazed why all business not adapted bitcoin, i think this happen because fear of peoples they think anytime BTC can banned by government also fear of its volatile price. if peoples start thinking  as a business  opportunity then they will accept bitcoin payment if some groups of business and E commerce sites start accepting bitcoins as a payment then this will be good for crypto market.

[brkttlv]

İ think the reason is bitcoin didn't achieve the promises, especially about commisions. But bitcoin has still time, may be in the future we can shop by bitcoin.

[davis196]

Volatility+lack of regulation clarity.All the business owners are afraid about what will happen with bitcoin after they adopt it.There is still a small chance of btc to become illegal worldwide.They are afraid about losing their revenue and btc savings.Your question is kinda wrong.Bitcoin is adopted in crypto trading and gambling businesses,it isn`t adopted by the "brick and mortar" businesses.

[YuginKadoya]

I think your question should be "Why other business and companies still doesn't adopted bitcoin?" Because there are business and companies that already are using bitcoin as their primary payment and accepting it as payment, And if you are not aware of it now you already know, But why do other business, establishment, and companies still doesn't adopt bitcoin, I guess there are still people that doesn't trust bitcoin or other Cryptocurrencies, Or they don't have enough knowledge regarding it and may have a mind set of a risk regarding the unknown.

[Fourgh]

Because it's very hard to monitor and the transaction fees can be so high and transfer rates might be so slow. With bitcoin still using the old blockchain, many transactions are not going to a faster rate than expected. So yeah we need more miners and a new solid blockchain (not a fork) to help Bitcoin survive.

[drm]

I always wondered what is the problem for BTC to be finally adopted in the wide range of business, I was expecting at least a great adaption in the online business but even so, what stops business from adapting BTC, the volatility? The low rates of adoption? Or maybe a lack of propaganda? BTC is so great and I really wish I could use it in more places IRL!

The companies that do look into it or even integrate it have to deal with a lot of volatility, and micro transactions are sometimes not doable due to network fees. It's just not really there yet.

[spastikss]

Yes not all of them but some companies use bitcoin as a payment method. If Bitcoin is to be used more widely, it has to be accepted by the whole world.

[audaciousbeing]

I always wondered what is the problem for BTC to be finally adopted in the wide range of business, I was expecting at least a great adaption in the online business but even so, what stops business from adapting BTC, the volatility? The low rates of adoption? Or maybe a lack of propaganda? BTC is so great and I really wish I could use it in more places IRL!

It might not have been adopted to the extent that you want, but its surely being adopted and in mostly every facets of human businesses, at least one business has accepted bitcoin. I have read about airline and booking websites that have accepted bitcoin, so also I have read about a school accepting it as school fees, we have some online stores that sell wares accepting bitcoin with some even open their ANN thread on the forum. The most popular is on peer-to-peer sites that you can exchange your bitcoin for practically anything you want.

However, all of the above is not enough reason for more adoption to happen as the issue stopping the mass adoption is more complex than what we can summarized to two or more factors. Rather its a combination of reasons and the Paramount of it is government recognition on a large scale. By the time that happens, every other businesses will fall in line.

[avikz]

I always wondered what is the problem for BTC to be finally adopted in the wide range of business, I was expecting at least a great adaption in the online business but even so, what stops business from adapting BTC, the volatility? The low rates of adoption? Or maybe a lack of propaganda? BTC is so great and I really wish I could use it in more places IRL!

There are three main reasons that are acting as bottlenecks for bitcoin's adoption.

1. Legal framework
2. Liquidity
3. Volatility

Propaganda can't help unless we find a solution to these three points. There are few companies that are trying to solve the liquidity issue by providing settlement services to the merchants, but then volatility is eating into the profits and brings uncertainty to the merchants.

If the solution to these three problems are found, the adoption rate will increase exponentially. But sadly, none of these are in our hands.

[MVT_Freedom]

Interesting thread, thanks for the read guys!

[silviyako]

The volatile nature of bitcoin is the main reason why. Businesses will not try to use something that will potentially give them loss of money. Businesses areestablished for the profit they can give. if bitcoin suddenly falls down in price, buseness can loose the money thatthey have tarded for bitcoin,.

[kier010]

many business and companies still prefer to use fiat as payment but there are already business and companies using bitcoin as payment and salaries. bitcoin price every time so for me it is not ideal to use in business. but they can also add option if they want to be paid with bitcoin.

[Related]

The reason is volatility, that's the only reason. The business world is a serious world, so they do not want to wrestle with volatility issues.

[BrewMaster]

the adoption has happened but it not that big yet. so you can not say they have not at all. the thing is, bitcoin is new and being new means people still don't understand it and to use it they have to learn new stuff, the businesses have to upgrade their systems and security protocols,... and all that takes time. then there is also the problem with people willingness to spend bitcoin which is low since the price keeps on rising.

[Indamuck]

They will eventually start accepting crypto as payments once its more widely accepted.  If they refuse to they will be losing money to other companies that are willing to take crypto as payment

[SilverChromia]

I dont think that bitcoin is not adapted into some business. maybe bitcoin is not adapted a lot in some business but we all know that there are already some busineess that already featuring bitcoin and other crypto currencies in their business there are a lot of them i know at this moment and some of them is like online shopping and even in the malls those stores repairing laptop or gadgets is already accepting bitcoin and other crypto currencies as a payment and if the things will go in the right way and keeping doing a lot of good things using any other crypto currencies in the future it will be more successful and we will see a lot of improvements on this and that will bring to bitcoin a lot of popularity and to other crypto currencies in every part of the world.

[Dudeperfect]

I do believe that volatility in the price and uncertainty in legal aspect are the main reasons why Bitcoin is not yet adopted in the corporate industry. As we all know that Bitcoin is a part of a highly volatile Crypto market and even the small fluctuation in price might affect the cash flow of companies having billions of turnover on the other hand, corporations might be looking for some regulations from the government in this regard before actually starting to use cryptocurrencies in the financial transactions.

[yyourboss]

In commercial activities, if the currency fluctuations used for exchange are huge so that cooperation is difficult to continue, bitcoin has a huge volatility, which is very bad for business contracts.

[Crypto_trader87]

I am realy not sure why but maybe because bitcoin is so volatile and because of that the conversion of bitcoin into a fiat money will goes up and down also and this will affect in the price to the real world business.

[Glory90]

I always wondered what is the problem for BTC to be finally adopted in the wide range of business, I was expecting at least a great adaption in the online business

Bitcoin has been adopted as a payment but this adoption rate is still low if you measure it based on the number of all businesses that operate

what stops business from adapting BTC, the volatility? The low rates of adoption? Or maybe a lack of propaganda? BTC is so great and I really wish I could use it in more places IRL!

things that hinder the growth of Bitcoin adoption in various businesses are regulations in various countries and low demand from the Bitcoin user base, I think businesses will adopt Bitcoin if the use case of Bitcoin as payment continues to grow and many requests from customers to receive Bitcoin as payment

[ggugoienpai]

BTC volatility is too intense. Business cooperation requires a stable monetary system. That's why bitcoins are more opportunistic.

[carlisle1]

I always wondered what is the problem for BTC to be finally adopted in the wide range of business, I was expecting at least a great adaption in the online business but even so, what stops business from adapting BTC, the volatility? The low rates of adoption? Or maybe a lack of propaganda? BTC is so great and I really wish I could use it in more places IRL!

Dont you know that japan uses bitcoin just what regular currency is?some countries and many other countries legalizes this coin in their territory so i dont know where did you get this idea of not accepting bitcoin for business.or maybe youre living in some places that banned bitcoin thats why this is what you can say

[calumbautista23]

BTC is actually being adopted by more and more business now. Majority are still not there because of the volatility of btc.

[abiola4real]

Many fear to adapt it because they fear to lose because of the volatility it is and  its also not regulate,  approved and legalize by the government.

[mistanama]

You say that's the reason, And it's the Volitile price of bitcoins.
That is why it is difficult to apply to business because it can cause the collapse of their business. It's not like a fiat currency that's just a steady value. So even if I'm a businessman I will not do it for payment because there is a risk here.

[popelene1]

Anxiety, fear and the negative things some are talking about bitcoin is the cause some business don't want to adapt it, when all this stop abd the government also  say positive about it, it shall be adapted by many businesses.

[ralle14]

Here in my place there's a couple of restaurants that accept Bitcoin via our local exchange. If you look at this thread there's a lot of sites that accept Bitcoin and you'll probably more if you use spendabit.

You say that's the reason, And it's the Volitile price of bitcoins.
That is why it is difficult to apply to business because it can cause the collapse of their business. It's not like a fiat currency that's just a steady value. So even if I'm a businessman I will not do it for payment because there is a risk here.

Using a payment processor like Bitpay or Coingate removes the risk on their end. Volatility shouldn't be a reason for them not to adapt Bitcoin. Others probably don't want to accept Bitcoin because they're afraid that no one will use them if fees become expensive.

[Cryptrx]

I've heard they are some businesses that accept bitcoin but frankly speaking, if I had a business I don't think I will accept bitcoin due to the current market volatility. It might lead to the collapse of my business.

[maloibtc]

I think that it is used in large companies as it is multifunctional coin but I am not sure that it can become the full helper in business. Though i can be mistaken as i m not a businessman and may be unaware of the certain things

[[ProTrader]]

I always wondered what is the problem for BTC to be finally adopted in the wide range of business, I was expecting at least a great adaption in the online business but even so, what stops business from adapting BTC, the volatility? The low rates of adoption? Or maybe a lack of propaganda? BTC is so great and I really wish I could use it in more places IRL!

Bitcoin cannot penetrate the market or the business because central banks and government are trying to suppress it. Once Bitcoin is already accepted and available in the business transactions, and they cannot control it anymore. Worst is that the central banks will lose their jobs business because the company don't need a banks anymore.

[pritibitisi]

I always wondered what is the problem for BTC to be finally adopted in the wide range of business, I was expecting at least a great adaption in the online business but even so, what stops business from adapting BTC, the volatility? The low rates of adoption? Or maybe a lack of propaganda? BTC is so great and I really wish I could use it in more places IRL!

i think the main reason why is some find bitcoin not that stable because its volatile makes it not fully reliable for business owners.
Plus the distribution is not balance whales have fully control of the price movement so basically traditional businesses cannot risk on movements like this.

[renata.tuncha@ex.ua]

I think ICO project can be seen as a adaptation BTC into business. And actually, there is one cool project - Socratus. I really like their concept - a platform for insurance companies that was created in order to make the communication between customer and insurance company more convenient and simple. It helps to get read of annoying personal meetings and paper work. With this ecosystem, companies will be able to cut operating costs, create new insurance products, deal with data analysis more efficiently and many other benefits.

[kopijos]

I always wondered what is the problem for BTC to be finally adopted in the wide range of business, I was expecting at least a great adaption in the online business but even so, what stops business from adapting BTC, the volatility? The low rates of adoption? Or maybe a lack of propaganda? BTC is so great and I really wish I could use it in more places IRL!

bitcoin became one of the new findings to serve as payment I think has become a business. maybe btc can be used as one of transaction tool like money for btc adaptation to become bigger business.

[ronalsi]

As an entrepreneur you should know what to do and not to do, It is not like a fiat currency but just a steady value. So, even if I'm a businessman, I would not do it

[ucok_aball]

now many countries are starting to receive bitcoin, big online stores are also starting to accept bitcoin and even in Saudi Arabia is legal so now bitcoin has progressed

[dinhthin5446134@gmail.com]

To be associated with business Bitcoin needs to be attached to an industry that uses Bitcoin. But the industry does not need Crypto

[GrossPay24]

at the moment in most countries, the use of bitcoins in the business sector is prohibited. But even if it were legalized bitcoin is not convenient in business, first very long transactions, secondly high volatility. New and new alternative coins are being created that can be used in the corporate environment.

[adejoke444]

Most of the business will need assurance from the government, you cant expect them to start accepting it and the government suddenly ban it one day.. Government support can make this happen quickly.

[perova93]

now a lot of companies and shops accept crypto coins and use the crypto system in their own business! already many banks realized that the crypto system is unique and for it the future! on this those companies that are not currently deployed in the crypto market and the crypto system will remain very far away, and they will have to very long catch up with the whole world!

[fernandoaleixo]

I always wondered what is the problem for BTC to be finally adopted in the wide range of business, I was expecting at least a great adaption in the online business but even so, what stops business from adapting BTC, the volatility? The low rates of adoption? Or maybe a lack of propaganda? BTC is so great and I really wish I could use it in more places IRL!

There are three main reasons that are acting as bottlenecks for bitcoin's adoption.

1. Legal framework
2. Liquidity
3. Volatility

Propaganda can't help unless we find a solution to these three points. There are few companies that are trying to solve the liquidity issue by providing settlement services to the merchants, but then volatility is eating into the profits and brings uncertainty to the merchants.

If the solution to these three problems are found, the adoption rate will increase exponentially. But sadly, none of these are in our hands.

Thanks for your reply, it really brightened my ideas and I realized I haven't think about it yet, indeed there are more challenges to bictoin besides propaganda and media. I hope with things working the USA the other governments will follow suit.

[Kayuslawal]

Its already been adapted by some business, we just need more good company to join the adoption so it can be accepted world wide.

[cizatext]

Well bitcoin some how is not open to all and in most cases only the educated are the ones being able to use bitcoin and at that most of the local shops around are mostly own by uneducated people and at that it hard for them to have access to bitcoin and how it is use. But more recently more people are now adopting bitcoin that is why we always see the steady rise in price.

[Schirer]

I always wondered what is the problem for BTC to be finally adopted in the wide range of business, I was expecting at least a great adaption in the online business but even so, what stops business from adapting BTC, the volatility? The low rates of adoption? Or maybe a lack of propaganda? BTC is so great and I really wish I could use it in more places IRL!

Honestly at this point of time, there are not much excuses for not accepting btc/alts.
In recent past a lot of vendors did cancel their support to btc because of the huge transactions fees.
Volatility is not an issue since the gateway does convert it to fiat if  vendor wants.

[kadutz25]

I think why bitcoin is not adapted for business? I think bitcoin is an investment and a ready-made asset for business of course there must be a step where companies have adopted bitcoin first before they adopt bitcoin for business and I think so far bitcoin is being used and adopted in terms of payment methods so I think it may be because many companies are still adopting bitcoin so as to make bitcoin as a company business must adopt bitcoin first before making bitcoin as a business

[heinz]

Most of those bussiness are afraid of the volatility and the fast way that bitcoin can go up and down at the same time, that is my theory of why most of the actual bussiness are just scared of having bitcoin as a meant of payment

[Duzter]

Considering the volatility people fear of making it used into the business. Slowly some small scale businesses have started adopting bitcoin into their businesses. From my view one who initiate a business adopting bitcoin at present will surely profit big in the later days when it is known by each and every people around the world.

[eaLiTy]

I always wondered what is the problem for BTC to be finally adopted in the wide range of business, I was expecting at least a great adaption in the online business but even so, what stops business from adapting BTC, the volatility? The low rates of adoption? Or maybe a lack of propaganda? BTC is so great and I really wish I could use it in more places IRL!

There was a much better adoption of bitcoin during 2014 than it is now, when the transaction charges started rising all the companies that accepted trade using bitcoin stopped using it and we are yet to see that process yet again even after the charges went down, may be they are waiting for the major nations to come up with regulations or waiting for the scaling solutions to implement.

[nydiacaskey01]

I always wondered what is the problem for BTC to be finally adopted in the wide range of business, I was expecting at least a great adaption in the online business but even so, what stops business from adapting BTC, the volatility? The low rates of adoption? Or maybe a lack of propaganda? BTC is so great and I really wish I could use it in more places IRL!

What Country are you in? Bitcoin being adapted in businesses growing but unfortunately not in every City or Country. I don't expect Bitcoin to be adapted in every City world wide because there are still cities that are struggling in internet connection and availability of power. In my Country, there are restaurants and bars already accepting Bitcoins as an option to pay their bill.

[Blackmoon84]

I always wondered what is the problem for BTC to be finally adopted in the wide range of business, I was expecting at least a great adaption in the online business but even so, what stops business from adapting BTC, the volatility? The low rates of adoption? Or maybe a lack of propaganda? BTC is so great and I really wish I could use it in more places IRL! and at that most of the local shops around are mostly own by uneducated people and at that it hard for them to have access to bitcoin and how it is use.

[ovbokhan]

I always wondered what is the problem for BTC to be finally adopted in the wide range of business, I was expecting at least a great adaption in the online business but even so, what stops business from adapting BTC, the volatility? The low rates of adoption? Or maybe a lack of propaganda? BTC is so great and I really wish I could use it in more places IRL!

Some of the typical barriers against bitcoin being fully integrated into businesses especially online include legal restrictions in some countries where a ban is in place place the fact that btc is still very volatile( result of poor adoption)

[kotajikikox]

I always wondered what is the problem for BTC to be finally adopted in the wide range of business, I was expecting at least a great adaption in the online business but even so, what stops business from adapting BTC, the volatility? The low rates of adoption? Or maybe a lack of propaganda? BTC is so great and I really wish I could use it in more places IRL!

Do not worry businesses start adopting bitcoin of the good example is KFC accepting bitcoin as payment and also in canda bitcoin are accepting bitcoin as payment buying of the needs of people if not wrong for this information so it's possble some country's and businesses continue to learn bitcoin adopt in business.

[sucre123456]

Thank you for this great question . One of the very reasons why Bitcoin is not applicable is because of scalability issue . The amount of energy consumed during processing of blocks and transactions is quite much , which in turn causes transactional delay . Also , the consensus algorithm being used by Bitcoin has some defects . These are some of the challenges bitcoin has ..

[suemendez25]

There are actually many companies now that are using bitcoin. Maybe what you should be asking is why ither busnesses are still not adopting bitcoin. Businesses can loose revenue since bitcoin is unstable at the moment.

[cryptopranto]

Who said it's not adapted into business.. There are several business.. But still it's not adapted in big form. hope we'll see big adaption soon

[ginobitcoiner]

I always wondered what is the problem for BTC to be finally adopted in the wide range of business, I was expecting at least a great adaption in the online business but even so, what stops business from adapting BTC, the volatility? The low rates of adoption? Or maybe a lack of propaganda? BTC is so great and I really wish I could use it in more places IRL!

I agree with your first answer, one of the reasons why some businesses stop adopting bitcoin due to very high and very fast price volatility. therefore many people are afraid of doing business using bitcoin, when they get a profit maybe the profit will be very big, but if they suffer losses then the loss would be very big

[BigBos]

I think there are still many opinions about the pros and cons of bitcoin. even in my country, bitcoin is not accepted as a legitimate payment tool, but that is a natural thing. so, bitcoin is limited to investment. so when bitcoin has been received in the community, we may see businesses that use bitcoin everywhere.

[player514]

I always wondered what is the problem for BTC to be finally adopted in the wide range of business, I was expecting at least a great adaption in the online business but even so, what stops business from adapting BTC, the volatility? The low rates of adoption? Or maybe a lack of propaganda? BTC is so great and I really wish I could use it in more places IRL!

First of all, Bitcoin is currently being integrated into a multitude of businesses worldwide even today. On top of that, some businesses may still be skeptical about transitioning from forms of payment that they are comfortable with to Bitcoin, which could be foreign to them. Therefore, it is crucial that those who possess knowledge of Bitcoin continue to spread its benefits in general conversation to increase its everyday usage in vocabulary. Once people become more familiar with cryptocurrency, they will be more comfortable interacting with altcoins, possibly paving the way for businesses to implement altcoin payment systems. As of now, it's not quick enough to be used in real life. We need to get the transaction speeds quicker especially for the confirmations so that it can be used.

[cizatext]

In as much as bitcoin is facing much challenges the fact still remains that bitcoin is still doing well and being accepted by more member of the society and in no distance time bitcoin is going to become the world universal currency and the secondary currency of all the nations of the world.

[Argoo]

I always wondered what is the problem for BTC to be finally adopted in the wide range of business, I was expecting at least a great adaption in the online business but even so, what stops business from adapting BTC, the volatility? The low rates of adoption? Or maybe a lack of propaganda? BTC is so great and I really wish I could use it in more places IRL!

Of course, one of the main obstacles to the introduction of bitcoin into business is its high volatility. Transactions in business from their conclusion to implementation are not conducted in one day. And during this time, bitcoin can dramatically change in price and one of the parties will already be unhappy with this deal.
In addition, for the introduction of bitcoin into business, it is necessary to completely legalize crypto currency by the states. Without this, there will be constant problems with the tax authorities.

[bellamente]

Rich people have long understood that it is possible to earn big money on BTC.

This is not just electronic money. Bitcoin is a tool for earning

[dead_m92]

Too many people are afraid of losing money because of fluctuations, that is the main reason of why they are not adapting it to most of their bussiness. this is my guess.

[terrific]

I always wondered what is the problem for BTC to be finally adopted in the wide range of business, I was expecting at least a great adaption in the online business but even so, what stops business from adapting BTC, the volatility?

Yes. One problem is businesses doesn't want bitcoin's volatility, here's why. What if someone paid for $1,000 item and the market sudden goes down and the price went $900?
That's a $100 loss for that business so they don't want to take that gamble cause it might make their business bankrupt in the long run.

The low rates of adoption? Or maybe a lack of propaganda? BTC is so great and I really wish I could use it in more places IRL!

Then if you are starting out any business in the future, be the one to adopt a bitcoin accepting store in your place.

[thepers0n]

Many countries restrict using of BTC because of  government systems that want to have a good of transactions between people's accounts. And almost every country hasn't rules to control operations with BTC

[Veronicavn1875]

During this time, bitcoin may change dramatically in price and one of the parties will be unhappy with this deal. First of all, Bitcoin is now being integrated into a myriad of businesses around the world even today. It is therefore important for people with knowledge of Bitcoin to continue to spread the benefits of it in a shared conversation to increase their daily use in vocabulary. Up to now, it's not fast enough to be used in real life.

[Solomonkingdom]

What if someone paid $ 1,000 and the market suddenly fell and the price was up to $ 900? Of course, one of the main obstacles to putting bitcoin into business is high volatility. And during this time, bitcoin could change dramatically in price and one of the parties would be unhappy with the deal. Without this, there would be constant problems with the tax authorities.

[Nunoluck]

Bitcoin is adapted to business, there is bitcoin related business such as blockchain.info that adopt bitcoin. Anyway there is also a token that created by a company called INTRO, it create their own cryptocurrency and adopt it in their real estate platform. Cryptocurrency adoption is growing.

[libert19]

In businesses usually there are chargebacks, with Bitcoin there would be problem proving ownership of address - I know you can sign your addresses but even those who use Bitcoins don't know how to sign them. Plus there would be security complications.

Hopefully, in future we might see other crypto that's easier to use.

[Tylev]

Many business structures have already tried to work with bitcoin and after a while refused it because of its high volatility. Bitcoin makes a big mess in the prices, because the number of bitcoins must be tied to one of the usual currencies, and the cost of bitcoin changes almost every minute. The second reason is the absence of complete legalization of bitcoin by states as a means of payment. These are the main reasons why bitcoin is not used in business.

[jademacoy]

I think in the near future it could be possibly happen as some of the country had accepted and regulated already cryptocurrency but the only problem for now in bitcoin is that it is not meant that way because crypto exchange to fiat currency might be expensive because from fiat money getting exchange with crypto had already some transaction fee being involve and transferring again that crypto to another wallet could be also mean that an individual will going to pay another transaction fee so literally it is not yet adapted because it still needs more modifications for it to operate as a means of payment.

[mersal]

I always wondered what is the problem for BTC to be finally adopted in the wide range of business, I was expecting at least a great adaption in the online business but even so, what stops business from adapting BTC, the volatility? The low rates of adoption? Or maybe a lack of propaganda? BTC is so great and I really wish I could use it in more places IRL!

Yes the volatility is the main reason I think because people don't want to accept a currency with changing its value largely in very short span so people are still using it only as an investment.But it will happen in the upcoming years,now a days some of the online sites accepting bitcoin payments as well and it will spreads to the whole world in the future but it will takes time.

[Pettuh4]

I always wondered what is the problem for BTC to be finally adopted in the wide range of business, I was expecting at least a great adaption in the online business but even so, what stops business from adapting BTC, the volatility? The low rates of adoption? Or maybe a lack of propaganda? BTC is so great and I really wish I could use it in more places IRL!

Yes the volatility is the main reason I think because people don't want to accept a currency with changing its value largely in very short span so people are still using it only as an investment.But it will happen in the upcoming years,now a days some of the online sites accepting bitcoin payments as well and it will spreads to the whole world in the future but it will takes time.

Volatility is part of the whole package of bitcoin and the earlier some of us start accepting and living by it the better because just like  the many other commodities out there they are all not stable and change in value from time to time but i will only plead with the panic sellers to desist from their ways  so that a little volatility will not always become extremely volatile..

[Bitcoinislife09]

I always wondered what is the problem for BTC to be finally adopted in the wide range of business, I was expecting at least a great adaption in the online business but even so, what stops business from adapting BTC, the volatility? The low rates of adoption? Or maybe a lack of propaganda? BTC is so great and I really wish I could use it in more places IRL!

Maybe, primarily because of volatility. The unstableness and unsureness make a great risk for a business. We all know the reason kf businesses is to earn money in a more stable and real economic environment. Also, bitcoin is still not accepted worldwide. Most countries are still not allowing it in their countries. Banned by the government. Also, the issues involving bitcoin like its use for money laundering and other illegal activities are also factors.

[iqlimasyadiqa]

I always wondered what is the problem for BTC to be finally adopted in the wide range of business, I was expecting at least a great adaption in the online business but even so, what stops business from adapting BTC, the volatility? The low rates of adoption? Or maybe a lack of propaganda? BTC is so great and I really wish I could use it in more places IRL!

volatility is the main reason why bitcoin is difficult enough to adapt to business systems in the world. but if you look at the calculation then I am quite optimistic that bitcoin can begin to be accepted in the business world. slowly but surely, that's the step by step that we will see as one of the development of digital currency and especially bitcoin.

[dashcollector]

The volatile prices is the reason why online companies do not use it. It may be used for high ticket items though.

[Dexion]

I think you are wrong, some countries like japan, venezuela already use bitcoin as legal payment instrument.

so, I think the bitcoin legalization depends on the condition of the country, and depends on government policy.

in my country there are no stores that accept bitcoin, because bitcoin transactions are something illegal.

besides that a consumer readiness and bitcoin volatility must considered

[jemarleon]

The title is wrong be clear on your titles, it must be "Why BTC dont have a wide range on businesses?" Yes, for some reasons its because of the volatility of the market for me 2018 must be the year of crypto world but what happen is not what I expected for some resons: 1. There are lots of fake news adopted by the public about bitcoin; 2. This year some fraud use the name of bitcoin and the bad news gets worst; 3. Many investor panic because of the market fall.

But at least now we can see Bitcoin is recovering and this will be a good chance to get the reputation of bitcoin back.

[Shyanadi]

I always wondered what is the problem for BTC to be finally adopted in the wide range of business, I was expecting at least a great adaption in the online business but even so, what stops business from adapting BTC, the volatility? The low rates of adoption? Or maybe a lack of propaganda? BTC is so great and I really wish I could use it in more places IRL!

I think it is due to pleople still afraid to btc and major countries still don't accept btc as a currency..lot more thing to happen in the future..so I just wait and see..this is enjoyble market.Isn't it..?

[burnchan]

I always wondered what is the problem for BTC to be finally adopted in the wide range of business, I was expecting at least a great adaption in the online business but even so, what stops business from adapting BTC, the volatility? The low rates of adoption? Or maybe a lack of propaganda? BTC is so great and I really wish I could use it in more places IRL!

Bitcoin has been used in a business.  However,  mass adoption is not yet happening because of its volatility.  Price fluctuation makes some of the business hesitant of getting into Bitcoin.  Also,  there are issues of fraudulent acts which loses Crypto's credibility.

[Taronet-division]

already have adopted bitcoin that dibisnisnya and even do the payment method, then where the rest? they may not know about bitcoin or reduce the risk of lack of understanding so they do not adopt it

[anggada18]

bitcoin has been adopted in some businesses, and makes bitcoin the primary means of payment. those who do not or have not used bitcoin, may lack knowledge of bitcoin. yes this is just perception, you can realize and look around you

[Skyenet]

I always wondered what is the problem for BTC to be finally adopted in the wide range of business, I was expecting at least a great adaption in the online business but even so, what stops business from adapting BTC, the volatility? The low rates of adoption? Or maybe a lack of propaganda? BTC is so great and I really wish I could use it in more places IRL!

I think that this is not so easy as it appears to be because just imagine how would you put the prices of goods that you're selling or the services that you are providing with bitcoins volatility.

[DrGuns4Hands]

I always wondered what is the problem for BTC to be finally adopted in the wide range of business, I was expecting at least a great adaption in the online business but even so, what stops business from adapting BTC, the volatility? The low rates of adoption? Or maybe a lack of propaganda? BTC is so great and I really wish I could use it in more places IRL!

In a certain context, the capability of bitcoin might not be applicable to businesses especially when we talk about industrial businesses. The thought of adapting bitcoin might provide the business with a high risk because it would form part of their short-term investment. And most of the short-term investment recently may end up realizing the loss. Putting the ground of BTC in its long-term investment may leave the business tie its assets without any productivity? Thus, the limit is based on businesses nature; If it is more on e-commerce then business will reap benefits out of its operational transactions.

[zahrah74]

Because in the business world there are still many who use fiat as payment money because bitcoin prices are unstable every time to be used in the business world, but there are already businesses that use bitcoin to make payments.

[sitnibtc]

What? There are so many businesses now that accetps bitcoin as payment,  even BMW already accepts bitcoin and samsung.

[mikegold]

Greetings to the whole community. I am also surprised that at this point, in this era, which is growing so fast in digital and financial matters; the massive use of BitCoin and other cryptoactives has not been popularized, but it is not surprising, yet, there are many people with a very conservative mentality who feel vulnerable to this fashion. In addition, to this must be added the opposition on the part of very powerful governments, which based on regularizations seek to curb their use. However, every day that passes increases the possibility of a free market, in which it can be marketed freely with BTC, and for this, we must continue working for the project. Thanks and regards.

[dungthuy]

In my opinion, because bitcoin is like your asset, and because of the volatility, the day before, its value is pretty high, but it can go up or go down the day after, so the value is not defined which make businessman don't want to use it in trading.

[newinquiry]

I also wanna be use bitcoin on different places like E commerce websites, Merchant stores and wanna purchase many online goods and services. business is not accepting bitcoin because its decentralized cryptocurrency and any government still not regulate it. so peoples are thinking this currency can ban by governments also some think its price is volatile.

[kent47400]

you are not grateful for the existence of Bitcoin can be income for you.
You don't realize that the business can start from Bitcoin.

isn't the name of the business trading?
Bitcoin is created to trade.

[gabmen]

In my opinion, because bitcoin is like your asset, and because of the volatility, the day before, its value is pretty high, but it can go up or go down the day after, so the value is not defined which make businessman don't want to use it in trading.

Well i don't think they all think the same since some businesses see bitcoin as something to make money from and in time i think more businesses will do the same. Confidence in btc will come once majority adopts it.

[taeewo]

Most people afraid to adapt because it has not been approved ans supported by the government, when the authority fully support more business will be confident to use it

[Kayuslawal]

Some business is already accepting and adapting it, it may be that not currently in your country but in my country i have seen several businesses accept it.

[Ajadey4]

Government bans will surely be one of the reasons behind it. A country won't allow such banned currency be trading on the floor of its Stock Exchange or Market. If governments relax their stance or rule, it will surely be.

[Ilegendph]

Why do you say bitcoin is still not adapted into business? It has already happened in the business world. I guess you are not much aware of the shown power of bitcoin so far. Check this link. You'll see the long list of companies which accept bitcoin as a form of payment method.
https://99bitcoins.com/who-accepts-bitcoins-payment-companies-stores-take-bitcoins/

Im thinking op is expecting that much like every e-commerce business should accept bitcoin but if Im an owner of an e-commerce business, I still not accept bitcoin because of its current legal status. This is very important thing since we want all what we do abide the law of our respective country. Its the very important factor for merchandisers to begin accept bitcoin.

[Ucy]

Lack of propaganda is an interesting one, lol. I guess you mean inadequate publicity...
Well some say Bitcoin don't need marketing but I don't think so.

Volatility is a bit of an issue but that won't stop millions of people from adopting, liking and holding Bitcoin.

[cxmyifan16]

I think that it is not adapted yet but this will happen in the nearest future. I think that BTC will be adapted soon and we will see these changes at the end of the year or in 2019. i am sure this will happen

[Dread Pirate Roberts]

I always wondered what is the problem for BTC to be finally adopted in the wide range of business, I was expecting at least a great adaption in the online business but even so, what stops business from adapting BTC, the volatility? The low rates of adoption? Or maybe a lack of propaganda? BTC is so great and I really wish I could use it in more places IRL!

Bitcoin is quite controversial if large companies accept it as a optional for payment . and also certainly they have the potential to find new obstacles when accepting payment with bitcoin. but there are also some companies that are popular to accept bitcoin as a payment. maybe someday there will be all important merchants accept crytpo as a means of digital payment options.

[xuzukami]

In my opinion, the problem here is not that the board is fit or not. But what is important is the acceptance of nations; transnational companies; enterprise. If the agreement has been agreed between the parties concerned, there is no reason for the government to protect it for the purpose.

[perla]

I always wondered what is the problem for BTC to be finally adopted in the wide range of business, I was expecting at least a great adaption in the online business but even so, what stops business from adapting BTC, the volatility? The low rates of adoption? Or maybe a lack of propaganda? BTC is so great and I really wish I could use it in more places IRL!

why not try to open business by yourself and adopt bitcoin for a first. business made to gain profit, i think some businessman know what is good and not for them. actually it is good for bitcoin if it can adopted by a lot of business. but some factor that you mention didn't help to gain profit for them.

[Helex]

Because bitcoin does not have chargeback system. once you send it is over. There needs to be some customer protection and bitcoin is not suitable for that.

[ANUKRAMAYON]

Yeah we often don't see places that we can use Bitcoin which means even it has succeed as an asset it haven't progressed as a currency much which is really a sad situation and a failure as a currency but and hope this will change at least in the future for better so holders will be able to use Bitcoin than fiat more often in the real world   

[aleksvip15]

This is due to the fact that the BTC is not regulated by anyone. Business needs a stable course. Since sharp fluctuations in the exchange rate can lead to both a significant income and to large losses. Nobody needs this. Therefore at the moment there are such problems. Perhaps the regulation of the BTC will solve this problem.

[Luigieee]

I dont know why but i only know is many people used it for investment and absolutely they are gaining ,like i do now i already have investment on it and wait for the right time to sell.

[flying_bit]

the reason not many business accepting bitcoin is because of value of bitcoin is volatile, mining fee when sending btc is not cheap and it takes time to receive bitcoin l. If you're a business with high volume of customer, it will be a hindrance for giving fast service if transacting with bitcoin. So I believe if some business like to try and accept bitcoin there's still a lot of factor to consider and many find it not a wise business strategy.

[Ekimzjames20]

I dont know why but i only know is many people used it for investment and absolutely they are gaining ,like i do now i already have investment on it and wait for the right time to sell.

As far as i know they are already accepted in some other business in other countries but not all business. But atleast it is a good start for bitcoin in terms of payments.

[tkaush]

Bitcoin haven't yet adapted into businesses because the lack of knowledge about Bitcoin who are in the business and financial world and due to the current price variations most people are afraid to combine there business with Bitcoin and block chain related businesses 

[luffyzxc]

a lot of companies and shop accepting bitcoins, Because they help us to Upgrade the business and bitcoin help us to have a successful life, especially in businessman, Bitcoin gave us a nice profit, help to gain profit for us.

[MaryKiTy22]

The most appropriate bitcoin is trading because of its precious characteristics as it can circulate and pay that makes it valuable and a great place to trade or trade busines

[SIDDHI777]

It is adapting into businesses but in a slow rate than the world and community anticipated but there is a considerable increase in that which is why we see many online sites and retail shops are now proving Bitcoin payment options as an additional facility to customers in order to attract more customers and make more profits in the process 

[Leo Barnes]

Bitcoin has already existed into online business perhaps there is a lot of master debit card made of bitcoins that used to transact online

[Pyr3x]

Bitcoin is gradually beginning to be used by large companies that are not afraid of technology. So I would not say that he has not adapted to the business. You just need to know how to use it properly.

[ASHANABEY]

There is no problem with Bitcoin in this matter it is a problem with the Business people and the world not willing to use Bitcoin in there business still except online retail sites and other but this situation is changing at the moment   

[jamota]

Sharp fluctuations in exchange rates can cause significant income and large losses. Nobody needs this. Therefore at this time there is a problem like that. Maybe BTC regulation will solve this problem. Because of the fact that BTC is not regulated by anyone. Business requires a stable course.

[kamBlanV]

because BTC is very good and more trendy, even can make our transactions easier and safer.

there are a lot of things that hinder bitcoin, and being difficult to dominate for every business transaction, and you are right that volatility is part of the problem.

and volatility will be a little stable, if the world has regulations about bitcoin. and it will be easily controlled.

[Shreek]

because BTC has not been regulated by an agency, which is certainly dangerous for some people
the legality of BTC is still questionable, whereas in business, the most important thing is security

[burakdat]

I always wondered what is the problem for BTC to be finally adopted in the wide range of business, I was expecting at least a great adaption in the online business but even so, what stops business from adapting BTC, the volatility? The low rates of adoption? Or maybe a lack of propaganda? BTC is so great and I really wish I could use it in more places IRL!

Actually not all establishment could not adapt bistcoin because relatively there are few of the establishment already accepting bitcoin and involving there business on the bitcoin system. Aside from that bitcoin does relatively adapted especially in the world of digital currency from local exchange, bitcoin as medium of exchange when you invest in an ICO project and to bitcoin mining. This is the businesss that BTC is really adapted and we should not ask for more because it will just create conflict among centralized form of system.

[Raggie]

I always wondered what is the problem for BTC to be finally adopted in the wide range of business, I was expecting at least a great adaption in the online business but even so, what stops business from adapting BTC, the volatility? The low rates of adoption? Or maybe a lack of propaganda? BTC is so great and I really wish I could use it in more places IRL!

i think many peoples still pessimistic about bitcoin. They dont believe or accept bitcoin as a currency.
Volatility is not the problem i think, because with volatility, you can even gain profit.
Maybe because some countries still banning btc, then the business cant accept it easily.

[Kocret02]

I always wondered what is the problem for BTC to be finally adopted in the wide range of business, I was expecting at least a great adaption in the online business but even so, what stops business from adapting BTC, the volatility? The low rates of adoption? Or maybe a lack of propaganda? BTC is so great and I really wish I could use it in more places IRL!

why not try to open business by yourself and adopt bitcoin for a first. business made to gain profit, i think some businessman know what is good and not for them. actually it is good for bitcoin if it can adopted by a lot of business. but some factor that you mention didn't help to gain profit for them.

this can be an interesting idea when opening a business and adopting bitcoin and successfully I think there will be lots of companies that imitate your company and maybe adopt bitcoin as payment.

[mekie]

I can't speak for others, but as a small business owner I am always happy to take bitcoin etc, trouble is none of my customers will pay me in it. One day soon with luck i may be in a position to offer a product that will be more accessible to the bitcoin community.

[euronine897]

That is a major problem not only for Bitcoin but for the entire crypto world and not just Bitcoin but other currencies too have not adapted into businesses much even they claimed when launching that there specifically build to improve businesses as a currency and if this continues one day they might be useless to the world and it will be te end of cryptocurrencies   

[[ProTrader]]

I always wondered what is the problem for BTC to be finally adopted in the wide range of business, I was expecting at least a great adaption in the online business but even so, what stops business from adapting BTC, the volatility? The low rates of adoption? Or maybe a lack of propaganda? BTC is so great and I really wish I could use it in more places IRL!

Don't expect Bitcoin will have a massive adoption easily because there are many black propaganda that is being made and recycled to prevent bitcoin. Remember that bitcoin is a decentralized and no government will like it. They use mainstream media in their propaganda.

[Diablesfunis]

I always wondered what is the problem for BTC to be finally adopted in the wide range of business, I was expecting at least a great adaption in the online business but even so, what stops business from adapting BTC, the volatility? The low rates of adoption? Or maybe a lack of propaganda? BTC is so great and I really wish I could use it in more places IRL!

It is because the price is very volatile so you have to swap it for fiat soon or you'll earn or lose more, the transaction speed is also one of the factor that make the adoption hard because it has to be faster and cheaper if it want to be used in a lot of places. Also not all people know about crypto or bitcoin and want to use it as a payment option so the cost to implement it may be higher than the benefit.

[ogtejiri]

bitcoin is not adapted into business because people are still scared of its volatilty. also most people dont fully understand the ideology behind it and the blockchain technology, but i believe as we continue to create the awareness we will see more people adopt it in the coming years

[coinnumber]

I always wondered what is the problem for BTC to be finally adopted in the wide range of business, I was expecting at least a great adaption in the online business but even so, what stops business from adapting BTC, the volatility? The low rates of adoption? Or maybe a lack of propaganda? BTC is so great and I really wish I could use it in more places IRL!

I think is because of the propaganda that makes some online business get scared but so far bitcoin has make online business very easy compared to the days of paypal. With the help of bitcoin anyone can transact business without stress and I believe as time goes many will adopt bitcoin both online and offline business.

[Flowerbiuq]

Bitcoin is still in its infancy. If it is stable enough, it may be adopted by more business activities. I think there will be some business activities trying to adopt Bitcoin as the community matures.

[metalglowd]

because in bussiness world, all people want a something that have stable in price or any platform/terms, a volatile price like BTC and any altcoins are very dangerous for those bussiness ecosystem itself. it could crash all investors and easily to create fraud.

but once or twice, sometimes i heard any bussiness that adapt into one coin, i think its just for a few investor and not for public

[biskitop]

because bitcoin itself is difficult to adjust the price. bitcoin is very volatile, and the price always adjusts based on supply and demands on the market. whereas for business purposes, changes in values that are so large and occur suddenly can be detrimental.

[senin]

I always wondered what is the problem for BTC to be finally adopted in the wide range of business, I was expecting at least a great adaption in the online business but even so, what stops business from adapting BTC, the volatility? The low rates of adoption? Or maybe a lack of propaganda? BTC is so great and I really wish I could use it in more places IRL!

In business, there are often written agreements on various transactions, the essential condition of which is the price of a good or service. This raises a big problem if the price is specified in bitcoin. After all, it can change its value every minute relative to other types of ordinary currencies. This is a rather significant problem for business. And why should they have such problems? The big legal business does not like rushing. It is quite satisfied with slow banking services, after all. any of their financial difficulties, conducted through the bank, are easily proven in court. If the deal is to be made in Bitcoin, it will all be quite difficult to prove before the tax authorities and in court.

[Spontebob]

Volatility+lack of regulation clarity.All the business owners are afraid about what will happen with bitcoin after they adopt it.There is still a small chance of btc to become illegal worldwide.They are afraid about losing their revenue and btc savings.Your question is kinda wrong.Bitcoin is adopted in crypto trading and gambling businesses,it isn`t adopted by the "brick and mortar" businesses.

The fact that bitcoin always possess volatility and its unpredictable value is the reason itself why businesses don’t acknowledge bitcoin as a payment unless they are absolute risk takers.

[annaso]

The problems which bitcoin trying to solve can cause some businesses to loose their business like banks, government control currencies.
For e.g if we focus  on the value of a “distributed ledger”. What if all the major banks replaced their normal book-keeping with one shared, but still closed, database? Might that help cut down on fraud and ensure a more level playing field? And banks don't want to loose their control.

 Other minor reasons are like there is nobody even technically in charge of the technology, and nobody guaranteeing anything in relation to it's worth, usability, or security. Once bitcoin and exchanges start self regulating this picture will change and we can see major adoption by all types of businesses.

[Xxmodded]

I always wondered what is the problem for BTC to be finally adopted in the wide range of business, I was expecting at least a great adaption in the online business but even so, what stops business from adapting BTC, the volatility? The low rates of adoption? Or maybe a lack of propaganda? BTC is so great and I really wish I could use it in more places IRL!

what do you think ? why don't you try to do business with bitcoin online if you have a lot of ideas. and I think there are lots of businesses that involve bitcoin, chances are you don't know that or don't try to find out.

[jatin729]

Bitcoin is just not worth in implemented in real business because It is not stable currency . It may lead to huge to business. Also there is tension about btc regulations. But Country like japan, people accepts bitcoin for exchanging goods and services.

[shittypro]

For some reason bitcoin is a free taxes in any bussiness , And every businessman would love to get a tax from bitcoin but since bitcoin is not legally in some company it will not qualify and not approve by goverment to accept bitcoin in any fame company , but Hoping that bitcoin will approve and accept in all country .

[Sinancre]

I think that the reason in bitkoyne did not bring any promises, especially about commissions. If bitkoyn should be used more widely, it should be accepted by the whole world. But bitkoyna still has time, maybe in the future we will be able to make purchases from bitkoyna.

[Kasliono]

I always wondered what is the problem for BTC to be finally adopted in the wide range of business, I was expecting at least a great adaption in the online business but even so, what stops business from adapting BTC, the volatility? The low rates of adoption? Or maybe a lack of propaganda? BTC is so great and I really wish I could use it in more places IRL!

Actually, it is already adapted into some Business, such as BMW and also Samsung. There are several Project and busines that use cryptocurrency by using their own currency such as Helbiz (HBZ). HBZ is using cryptocurrency to do a car rent transaction payment. So, when someone wanna order a car to rent, they have to buy HBZ and pay the car by using it.

[ZazaG7]

I am stunned why all business not adjusted bitcoin, I think this happen in light of the fact that dread of people groups they think whenever BTC can prohibited by government likewise dread of its unstable cost. on the off chance that people groups begin thinking as a business opportunity then they will acknowledge bitcoin installment if a few gatherings of business and E trade destinations begin tolerating bitcoins as an installment then this will be useful for crypto showcase.

[RomanPetrush]

All depends on the technology, BTC will be adapted for the business soon. As it will have more stability during the transactions. Actually, BTC is quite adapted already is so many companies are already accepting that currency.

[udidrone]

All depends on the technology, BTC will be adapted for the business soon. As it will have more stability during the transactions. Actually, BTC is quite adapted already is so many companies are already accepting that currency.

In country that make it illegal, it is hard to use BTC as payment. And i don't see much company that accept Bitcoin now even Steam i heard not accept BTC ( Correct me if i am wrong ) because for long time i not open my Steam Account.

[helpswish]

Hello everyone, I agree with the author of the article and also do not understand why btc so little used in business, it is completely unclear what causes this obstruct. If someone knows the businesses in which bitcoin is already introduced, please tell me

[Dico88]

Some businesses can require guarantees from the government. You can't expect them to start accepting it and the government suddenly bans it someday. With government support can make this happen to be a reality with rapid growth so that it can adapt to know bitcoin technology in the future.

[Teriyanone]

If this situation continues and most people keep using Bitcoin as just an investment end of Bitcoin will come soon because when it comes to reality there is nothing considerable can be done using Bitcoin so how can a currency can exist when there is nothing can be done using it. But we see few businesses that providing payment options in Bitcoin so only the time will decides what will be the path that Bitcoin will select and no matter what that is there will be a significant effect in the crypto currency market and the community   

[arc67583]

I always wondered what is the problem for BTC to be finally adopted in the wide range of business, I was expecting at least a great adaption in the online business but even so, what stops business from adapting BTC, the volatility? The low rates of adoption? Or maybe a lack of propaganda? BTC is so great and I really wish I could use it in more places IRL!

BTC not adapted into business is a major problem and a big obstacle for the growth of Bitcoin and the market and no matter how high and demand we give to Bitcoin at the end of the day there is nothing practical we can do using Bitcoin in the real world but most experts give predictions this situation will change immensely in the future with Bitcoins popularity increase more and if that becomes true so we can hope we could see Bitcoin more usable in the future   

[kemmycrypto]

But some business companies are using it as a means of payment. while some a visible some business companies are invisible using it under ground not publicly, They are still trying to introduce Bitcoin but they not sure because of how Bitcoin is going down. They want to be very sure of it, before adopting Bitcoin.

[Fmradio98]

In my own particular view, the issue here isn't whether the board is fit or not. Yet, what is essential is for countries to acknowledge bitcoin as a money; If the understanding has been concurred between organizations including bitcoin,there is no explanation behind the legislature to ensure it for the reason.

[jatin729]

BTC is unstable currency and we can see there is fluctuations in the price of bitcoin if someone implement bitcoin in his/her business it may be lead to huge loss as price is unpredictable. Adaption of bitcoin in business is just risky.

[Gamblet]

Bitcoin is still very volatile on this, it's bad for business. Purchase Bitcoin is a risky business. I think that business does not want to increase its risks. Perhaps in the future the situation will change but while Bitcoin is bad for business.

[Irvinn]

Business structures are still very difficult to use bitcoin. Of course, a big obstacle in this is the large volatility of bitcoin. Its price is constantly changing, and for business stability is important. Another, no less important problem is the legalization of bitcoins by states, and this process is very slow. States decentralized crypto-currency brings only one problem, therefore, in general, states are not interested in its legalization. Without this business structure, they do not risk using bitcoin, since serious problems with tax authorities may arise.

[mensahkkofie]

There are many problems that is affecting the integration of bitcoin into the world of business. Currently there are many interruptions such as the volatile price and government interferences in several countries that is affecting bitcoin. I believe when bitcoin becomes relatively stable many online businesses will humbly embrace this amazing cryptocurrency.

[kemonojim]

there is no complete legalization of bitcoin by the state as a payment instrument. This is the main reason why bitcoin is not used in business.

[JustinMoser]

There are a lot of reasons behind it and the main fact i think legalization and because of it is illegal in many country so this kind of problem are happening.

[billionaireSHS]

I think because this is not legalized in that particular country but if it happens to be get legalized in that country there's another to do not use it in a business, and it is because of the unstable price. In addition I think also that government cannot allowed it because it is taxless.

[colvis]

For me I think the main reason why BTC is not adopted in business is because of it is not yet accepted because governments are against it and the business owners will not like to go against government rules so that they might not close down there business.
Secondly,  Business out there don't implement it base on the type of society they are,  if they are not in a society that are not aware of bitcoin it will bring down the business.

[AAKODI]

I always wondered what is the problem for BTC to be finally adopted in the wide range of business, I was expecting at least a great adaption in the online business but even so, what stops business from adapting BTC, the volatility? The low rates of adoption? Or maybe a lack of propaganda? BTC is so great and I really wish I could use it in more places IRL!

Bitcoin is not adapted into business because in order to do that first it should be more accessible by majority of business individuals and people as a digital currency but even it is more usable as money its users aren't using it that way right now but the path is changing for the better side of Bitcoin these days and more people are using it to purchase products and services from on line websites which is a major attraction to other businesses and entrepreneurs in order to trust Bitcoin and combine it with there core processes and day to day functions to use Bitcoin frequently to do transactions   

[orayorayan2]

it might be because the price of bitcoin is unstable, so that many people rethink to make it part of the business, I think that business requires an accurate mathematical calculation to avoid losses, but I see that now many online businesses use bitcoin, hopefully there is a solution for that, bitcoin in the future I hope to be socialized again and I can use it anywhere and for anything
 

[Ava Duvall]

Hello everyone, I agree with the author of the article and also do not understand why btc so little used in business, it is completely unclear what causes this obstruct. If someone knows the businesses in which bitcoin is already introduced, please tell me

I think bitcoin needs to become more popular to be used in business and it still has to be integrated in many more ways so it becomes more commonly used!

[btc78]

Why do you say bitcoin is still not adapted into business? It has already happened in the business world. I guess you are not much aware of the shown power of bitcoin so far. Check this link. You'll see the long list of companies which accept bitcoin as a form of payment method.
https://99bitcoins.com/who-accepts-bitcoins-payment-companies-stores-take-bitcoins/

Yupz bitcoin has been already accepted in many types of transations and adopted in businesses,like for example in japan since bitcoin is a legal tender this means most of the business establishment there are using bitcoin as their main currency that using yen

[love728]

Because the bitcoin is digital currency and they have no fixed figure and its long term investment.,

[boy130]

Its simple. The price of BTC is too volatile and no body wants to risk it and its because of that why ever thing to do with BTC seems to be up in the air.

[CoinsGazer]

1. The level of acceptance is not high - there are still many people who don't know Bitcoin.
2. Volatility - The total value of Bitcoin in circulation and the number of companies using Bitcoin are still very small compared to their possible size.
3.Not mature enough-Bitcoin is still in the development phase,Bitcoin software is still in beta, and many unfinished features are in active development.
4. As a means of payment, the handling fee is higher

[cabrakaned]

I always wondered what is the problem for BTC to be finally adopted in the wide range of business, I was expecting at least a great adaption in the online business but even so, what stops business from adapting BTC, the volatility? The low rates of adoption? Or maybe a lack of propaganda? BTC is so great and I really wish I could use it in more places IRL!

The major reason is that bitcoins are much unstable. We can assume the current markets and I guess that really makes much difficult for the businessmans to adapt bitcoins into business. Bitcoins can be great if the trading factors can be reilable and also if the volatility does not matter for bitcoins but in opposite situations it is much difficult for bitcoins to adapt business.

[elwiswoodie]

volatility is the reason why Bitcoin cannot be directly adopted as a business medium
everyone becomes doubtful, because the price of Bitcoin is very easy to change, and that of course causes everyone not to use Bitcoin as a payment tool

[HoangnhatMinhVTCgame]

In my opinion, BTC is banned in some countries and it doesn't have policy of the government. Thus, BTC cannpt become true business, in real life. The liquidity is not 100% like currency.

[Dr.Osh]

In my opinion, BTC is banned in some countries and it doesn't have policy of the government. Thus, BTC cannpt become true business, in real life. The liquidity is not 100% like currency.

well, if in offline business, of course this will be banned, because it will be contrary to fiat, so most countries will oppose this, and see bitcoin from the bad side. well, but in the online world, I think it's got a lot.

[Getmon]

Bitcoin is really great. There is no doubt about it. And the adoption is growing everyday. However, certain circumstances are limiting the full adoption. You are right. The market volatility is definitely one of the reasons. If you have a business, you simply cannot rely on its volatility. One day, people buy your product at 500 Satoshis. The next day, they will buy the same product at 100 Satoshis. And you bought them at 350 Satoshis. That would spell loss. This could not be tolerated in a good business model.

[YoungPalom]

Bitcoin business market isn't unified. This means that Bitcoin isn't universally accepted. In the future, it is possible that the investors' efforts will soon lead Bitcoin into business.

[euronine897]

I always wondered what is the problem for BTC to be finally adopted in the wide range of business, I was expecting at least a great adaption in the online business but even so, what stops business from adapting BTC, the volatility? The low rates of adoption? Or maybe a lack of propaganda? BTC is so great and I really wish I could use it in more places IRL!

Even most of the industries know how potential Bitcoin is as a currency they don't like to change into digital currencies by abandoning fiat money because at the moment they have used comfortably to fiat money for years so many think changing the entire process to accept digital currencies is a unnecessary trouble for them which can interrupt the current smooth processes but most of them loose many benefits they could have gain by using Bitcoin   

[ExceedBlue012]

Because in any business the market need to be stable or less volatile but in the case of bitcoin it is highly volatile which is not excepted.

[Cripinggedang]

I can't speak for others, but as a small business owner I am always happy to take bitcoin etc, trouble is none of my customers will pay me in it. One day soon with luck i may be in a position to offer a product that will be more accessible to the bitcoin community.

I think with bitcoin still using the old blockchain, many transactions will not be faster than expected. So yes we need more miners and new solid blockchain (not forks) to help Bitcoin survive.
Because it is very difficult to monitor and transaction costs can be very high and transfers can be very slow.

[bigblackdeck45]

I think the biggest reason why business doesn't adapt bitcoin or use is because how fast the price change and being so volatile. But that doesn't mean bitcoin will not be something big and I think a lot of business have started to notice bitcoins potential. We just have to wait and see where bitcoin is gonna go in the future.

[kokobaba880]

Bitcoin value is not stable so that's why it can not be adopted into business and for now it is not adopted. It is good to say that bitcoin will soon rise and then it will be adopted by many businesses in the world for now the best thing is buying crypto now.

[jikurpa]

I always wondered what is the problem for BTC to be finally adopted in the wide range of business, I was expecting at least a great adaption in the online business but even so, what stops business from adapting BTC, the volatility? The low rates of adoption? Or maybe a lack of propaganda? BTC is so great and I really wish I could use it in more places IRL!

isn't bitcoin a currency currency for transactions if for business I think the risk gained in its use requires confidence and patience

[Persiontateneis]

Well bitcoin some how is not open to all and in most cases only the educated are the ones being able to use bitcoin and at that most of the local shops around are mostly own by uneducated people and at that it hard for them to have access to bitcoin and how it is use.

[eashikde]

Not all so quickly. Bitcoin is a new coin that stands in the way of development. For serious work, many issues and questions still need to be solved. I think it can be adapted to the business, only when it will keep a stable value.

[rodskee]

I always wondered what is the problem for BTC to be finally adopted in the wide range of business, I was expecting at least a great adaption in the online business but even so, what stops business from adapting BTC, the volatility? The low rates of adoption? Or maybe a lack of propaganda? BTC is so great and I really wish I could use it in more places IRL!

I think you need to research and read about the latest news about bitcoin
Some country like Australia for example bitcoin treated as real money like fiat
And more establishment and business accept bitcoin as payment
Today the latest news about the luxury car rolls royce accepting bitcoin as payment

[Getcoinsite]

I always wondered what is the problem for BTC to be finally adopted in the wide range of business, I was expecting at least a great adaption in the online business but even so, what stops business from adapting BTC, the volatility? The low rates of adoption? Or maybe a lack of propaganda? BTC is so great and I really wish I could use it in more places IRL!

There are some countries that accepted bitcoin as their currency meaning everything that requires payments can use this coin so what made you think that this wasn’t accepted as business money?

Not all so quickly. Bitcoin is a new coin that stands in the way of development. For serious work, many issues and questions still need to be solved. I think it can be adapted to the business, only when it will keep a stable value.

Stupid idiot you’re nothing but a waste in this community,no one needs your opinion so better shut uo

Bitcoin value is not stable so that's why it can not be adopted into business and for now it is not adopted. It is good to say that bitcoin will soon rise and then it will be adopted by many businesses in the world for now the best thing is buying crypto now.

Next time try to use google before putting comment because this only proves how illiterate you are in cryptocurrency,Japan uses bitcoin for all transactions that can use by fiats so this means all businesses in that region uses bitcoin already

[Raiwenkai]

I think this is because bitcoin is volatile  there's no permanent rate and no one can ever tell when bitcoin will pump or dump so its very difdicult to pit it in business

[Kertmu]

I think Bitcoin is adapted for its implementation in the business, just now the period of becoming Bitcoin as a currency, the real price has not yet been formed, constant swings interfere.

[nicko122]

Adapt bitcoin for a particular business is possible, but not for a wide range, at least for now. Now there are not so many options for using bitcoin around the world, so it's too early to put such hopes on him.

[dgreat]

This is what have been ringing right inside of  me. When will this start taking place in some parts of the world or generally . Some countries are still far behind not to talk of implementing it. Some prohibit it just for no reason. I believe it is a transparent course this is also a reason why some do not accept it. Another reason is that of the fluctuations in price and Value as it is not stable for example imagine you buying a product for sale now only for you to check the next minute the price has depreciated down below your calculations and expectations. You just would feel bad about it. Bitcoin is not a fiat so it would take time for such to be achieved while other advanced nations have started adapting it because  they are fast developed compared to the other nations that are just trying to meet up dragging themselves along. This could be achieved in advanced and developed nations.

[CrimBit]

As we all know that Bitcoin is part of the Crypto market which is very volatile and uncertainty in legal aspects is the main reason why Bitcoin has not been adopted in the corporate industry. Small fluctuations in prices can affect the company's cash flow which has billions of turnover on the other hand, companies may seek some regulations from the government in this regard.

[irsykes]

I always wondered what is the problem for BTC to be finally adopted in the wide range of business, I was expecting at least a great adaption in the online business but even so, what stops business from adapting BTC, the volatility? The low rates of adoption? Or maybe a lack of propaganda? BTC is so great and I really wish I could use it in more places IRL!

Don't forget about fees and confirmation time, and government. When government ban bitcoin, nothing that people can do because if they force to open business without permission, his business will be illegal in his country.

[anhhungxadieu0402]

Because Bitcoin is so abstract, it gives the criminals the opportunity to use it to crush their crimes from the law and some other issues. So many countries around the world do not allow Bitcoin to circulate.

[rosemary4u]

Yes not all of them but some companies use bitcoin as a payment method. If Bitcoin is to be used more widely, it has to be accepted by the whole world.

I think one issue that has been disturbing the adoption of bitcoin to the world of business has always been the increasing interference from the government and other negative news that always disturbs the world of cryptocurrency. Gradually we shall get to that particular point where many businesses would easily adopt bitcoin.

[onlydumpstersreally]

Bitcoin schemes have become  a separate business themselves and don't forget mining, all the equipment sold and whole damn farms of miners, its just a bit weird, not as the traditional business is
And traditional business is pretty conservative and they don't want to jump on when they don't have any control over it

[OzhogCoin]

I always wondered what is the problem for BTC to be finally adopted in the wide range of business, I was expecting at least a great adaption in the online business but even so, what stops business from adapting BTC, the volatility? The low rates of adoption? Or maybe a lack of propaganda? BTC is so great and I really wish I could use it in more places IRL!

I have been interested in bitcoin for a long time and I read a lot of different information. But I still ask the same question as you and do not know where to find the answer

[ardhigalau]

Who says bitcoin is not used for business? You may have to learn more about bitcoin. Because bitcoin has been accepted in any business depending on the owner. At my place, there is a cafe that accepts payments with BTC and ETH.

[coinnumber]

I always wondered what is the problem for BTC to be finally adopted in the wide range of business, I was expecting at least a great adaption in the online business but even so, what stops business from adapting BTC, the volatility? The low rates of adoption? Or maybe a lack of propaganda? BTC is so great and I really wish I could use it in more places IRL!

Bitcoin is already accepted in businesses though it depends on individual and the understanding of customers. Many people don't still understand how to used crypto why some are afraid not to be scam off their funds. So I guess you do more research to see that some business already used bitcoin.

[coldplay3r30]

Because Bitcoin also not pessimism it may have some issues also. Therefor real business mans and business companies somewhat falter to invest there money for Bitcoins. And no one is a trustee or a responsible  person who can take care of Bitcoin.

This is according to my knowledge there must be other reasons also. Thank You

bitcoin is a medium of exchange or a currency so it cannot become a main business, which can be applied to bitcoin only traded in money exchanges so as to make a business must be in the form of a product or a commodity, and it is not in bitcoin, if not being a bitcoin payment tool can only be used as a virtual asset that can be traded, ..

[Bonsaiav]

I always wondered what is the problem for BTC to be finally adopted in the wide range of business, I was expecting at least a great adaption in the online business but even so, what stops business from adapting BTC, the volatility? The low rates of adoption? Or maybe a lack of propaganda? BTC is so great and I really wish I could use it in more places IRL!

Throughout its work bitcoin has always been hampered by government regulations, as long as the government enforces bitcoin in this way, it seems that this will make bitcoin currencies difficult to adopt massively, so this makes users feel awkward to use it, both as a payment method and as a media for business, especially in the real world.

[Jasad]

I always wondered what is the problem for BTC to be finally adopted in the wide range of business, I was expecting at least a great adaption in the online business but even so, what stops business from adapting BTC, the volatility? The low rates of adoption? Or maybe a lack of propaganda? BTC is so great and I really wish I could use it in more places IRL!

volatility is the most appropriate for this discussion. we all know that bitcoin cannot be managed by anyone or the country. this is what makes bitcoin very easy to change, so to become an online business option is very risky except crypto trading

[sinkfish]

it shouldnt be any problem as payment, as for value storage, bitcoin might not be a wise choice. volatility is the main factor.

[Rooster101]

In a wealthy nations like Japan, their business sector is starting to adopt bitcoin in their payment system and they are the ones to take the cryptocurrency into mainstream soon. Here in my country, some merchants are also accepting bitcoins and some well-known cryotocurrencies like ethereum and bitcoincash. Bitcoin is slowly being adopted into business because a lot of people still don't know how to use it.

[Abal Abal]

I always wondered what is the problem for BTC to be finally adopted in the wide range of business, I was expecting at least a great adaption in the online business but even so, what stops business from adapting BTC, the volatility? The low rates of adoption? Or maybe a lack of propaganda? BTC is so great and I really wish I could use it in more places IRL!

too risky if you adopt or adapt bitcoin for a particular business, because fluctuating bitcoin can lead to bankruptcy on companies or businesses adopting bitcoin.

[Stac]

             Bitcoin is the first cryptocurrency started in the year 2009 though it has a strong network system which is linked with  the modern technology but the vast majority of the global community is unaware of the modern technology that is the main set back to implement it to the business community .Bitcoin features are very attractive to the business people that is a decentralized one with anonymity  .Its all transactions are recorded in an electronic ledger with blockchain technology .The implementation of blockchain technology ensures a corruption free business world. Most of the global financial institutions are adapting the blockchain technology to ensure their clarity .Mean while Bitcoins popularity is globally increasing day by day due to its vast usefulness .Now the business community is getting aware of the modern technology in order to adapt Bitcoin for their business purposes it is a good media for transaction without a third party interference so very shortly global community will adapt Bitcoin for their daily business purposes .

[andriw]

bitcoin has been adopted by several types of business, for example, VPS (Virtual Private Server) hosting business run by RamNode, they accept payments in the form of BTC and BCH, please check https://www.ramnode.com

[Bunsomjelican]

I always wondered what is the problem for BTC to be finally adopted in the wide range of business, I was expecting at least a great adaption in the online business but even so, what stops business from adapting BTC, the volatility? The low rates of adoption? Or maybe a lack of propaganda? BTC is so great and I really wish I could use it in more places IRL!

In what terms that the business stops from adapting Bitcoin? Because if I am going to make an observation, bitcoin in our time now was being adapted in different form of business in terms of payment. And if ever, there is some business won't adapt it this are the type of business which is not aware totally about in bitcoin or full lack of knowledge about it.

[thankyoulord]

it is a gradual process, bitcoin is still young and people are still getting to understand bitcoin and its working principles. with time we will see bitcoin being accepted, adopted and used by different businesses..it will come surely

[AimHigh]

You are wrong because some of business or most of them was accepted bitcoin like here in my country that we are using bitcoin for payment so that business was adjusting to adopt bitcoin and surely not only in my country because I've  watch that some of restaurant in the other country was accepting bitcoin as a payment so that bitcoin was continously  spreading and using in the business.

[DaWidyaa]

In my opinion it might be because bitcoin is very unstable from a variety of circumstances, so bitcoin is very unpredictable and doesn't know whether it will be profitable or detrimental, so it's very unlikely for business.

[Bobby park]

I always wondered what is the problem for BTC to be finally adopted in the wide range of business, I was expecting at least a great adaption in the online business but even so, what stops business from adapting BTC, the volatility? The low rates of adoption? Or maybe a lack of propaganda? BTC is so great and I really wish I could use it in more places IRL!

I thought bitcoin is accepted already in some merchandise around the world. In fact, even KFC Canada, accepted bitcoin already. In my country, though it is not directly accepting bitcoin, some malls accept the wallet like Gcash and paypal. In that scenario, I can send my bitcoin from my wallet which I earned cryptocurrency to the wallet that the mall accepted. It is already used by lots of company, just research it.

[Marbelli]

It seems to me that the time will come when it will be possible to use Bitcoin and cryptocurrency in all spheres of life, but for now we need to propagate it to the masses as much as possible

[bummm]

In my opinion it might be because bitcoin is very unstable from a variety of circumstances, so bitcoin is very unpredictable and doesn't know whether it will be profitable or detrimental, so it's very unlikely for business.

Bitcoin is volatile. If today it costs 6 thousand (let us say so), tomorrow, it can go to the Moon, or fall greatly. People that are in business, do not want to risk with their money simply.

[Elizabethkjenkins]

I always wondered what is the problem for BTC to be finally adopted in the wide range of business, I was expecting at least a great adaption in the online business but even so, what stops business from adapting BTC, the volatility? The low rates of adoption? Or maybe a lack of propaganda? BTC is so great and I really wish I could use it in more places IRL!

I think now many businesses adapting into cryptocurrencies but still not in wide range.

[X-Infinity]

I always wondered what is the problem for BTC to be finally adopted in the wide range of business, I was expecting at least a great adaption in the online business but even so, what stops business from adapting BTC, the volatility? The low rates of adoption? Or maybe a lack of propaganda? BTC is so great and I really wish I could use it in more places IRL!

Yes volatility is one of the biggest push factors against adopting BTC. Merchants simply cannot justify accepting a currency knowing it could fall drastically in price within a few moments. This would create unwanted stress towards recording financial accounts and overall financial health of the business.

[X-Infinity]

I think the volatility is the number one problem of Bitcoin,
Just think about this for example they would buy something at $1 and they would pay with Bitcoin that would be 0.00018 BTC what if the price continue to drop for a week then the $1 that he receive would decrease.

[TobiasVR]

in fact, I see now that bitcoin is used as a partner for business. we see if ico is a business and uses bitcoin as a payment media option. so this is a mistake for your statement.

[MAJICOIN]

in my opinion bitcoin is now accepted world wide and it is valuable because many people use this for online trade and with this online business is promoted well it is good to keep our coins with exchange and use this for a good and faster transaction while some time you can convert into other coins, Now crypto is very important because we have to move with the world and it is the modern weapon with us.

[kevinlhuxley]

Many businesses using crypto as a payment now.

[Juggy777]

in my opinion bitcoin is now accepted world wide and it is valuable because many people use this for online trade and with this online business is promoted well it is good to keep our coins with exchange and use this for a good and faster transaction while some time you can convert into other coins, Now crypto is very important because we have to move with the world and it is the modern weapon with us.

While it's true that Bitcoins is accepted globally let's not forget many countries do not accept bitcoins, while some lack clarity on the rules, some had declared it illegal. Another major issue with using bitcoins is the volatility in it's prices which are not stable. I differ on the speed of transactions I remember my own transaction which was stuck for 72 hours, and at times even more for some though these days it's getting faster merchants would be vary of using it. Last but most importantly regulations and taxes to use bitcoins one needs to study the regulations and taxes that come with bitcoins, which gets costly and time consuming for merchants.

[Ramya494]

I always wondered what is the problem for BTC to be finally adopted in the wide range of business, I was expecting at least a great adaption in the online business but even so, what stops business from adapting BTC, the volatility? The low rates of adoption? Or maybe a lack of propaganda? BTC is so great and I really wish I could use it in more places IRL!

The major reasons that backdrop the bitcoin is no proven legitamacy to a great extent is what I feel,because of the increase of scammers there is been a huge drop in the legitimacy of the bitcoin.I think this needs to be eradictaed to improve the adoption of Bitcoin.

[katerinaliisa]

I do not understand your conclusions regarding bitcoin. You say there is no bitcoin propaganda, but it is not. The media makes good advertising for cryptocurrencies. And bitcoin is increasingly used in business. Your opinion is wrong.

[Muzika]

I do not understand your conclusions regarding bitcoin. You say there is no bitcoin propaganda, but it is not. The media makes good advertising for cryptocurrencies. And bitcoin is increasingly used in business. Your opinion is wrong.

Most of the news regarding bitcoin are good, it says that bitcoin will reach that kind of milestone over the years, and in fact here in my country there are lots of establishments that accept bitcoin as mode of payment and those establishment are not scattered over the country so meaning the adaptation is there.

[Ethan Argu]

It could affect the fiat money in the industry thats why they not allowed some business to use bitcoin in thier transaction some business people are not enough knowledge in technology they contented on fiat money so old businesses is refusing online transaction because it has no value on thier business. I hope crytpo are still developing in terms of businesses.

[saumang2m]

I guess That in today's time we can not do business with Bitcoin. Because so far many countries are such. Who does not own Bitcoin. In the future, we can do business with Bitcoin in future.

[cetald]

I always wondered what is the problem for BTC to be finally adopted in the wide range of business, I was expecting at least a great adaption in the online business but even so, what stops business from adapting BTC, the volatility? The low rates of adoption? Or maybe a lack of propaganda? BTC is so great and I really wish I could use it in more places IRL!

The main reason is the high volatility of the bitcoin price. The second reason is the unpopularity of bitcoin and the lack of expediency of using bitcoin payments. Electronic payments are now fully meet the needs of the business.

[pavka]

In my opinion, it all depends on what kind of business it is. For example, if this is the sale of goods and services via the Internet, then Bitcoin is already quite popular, but for mining or construction companies, production companies, agricultural companies, Bitcoin is not very suitable, since they are very dependent on government policy and legislation.

[thunderbitz2717]

I always wondered what is the problem for BTC to be finally adopted in the wide range of business, I was expecting at least a great adaption in the online business but even so, what stops business from adapting BTC, the volatility? The low rates of adoption? Or maybe a lack of propaganda? BTC is so great and I really wish I could use it in more places IRL!

In the entire world now bitcoin was being adapted into business already, there are lot of merchants now in different country where they are

already bitcoin accepted in terms of online payment. Even here in my country some of our merchants here was bitcoin accepted too.

[bitfocus]

a ton of businesses are accepting Bitcoin and overstock is one of them. also, crypto cards are there of you want to use them in almost anywhere that accepts cards - why do you feel that businesses are not adapting Bitcoin!!!

[princeyeboah]

Bitcoin is not adopted in many businesses because of many reasons which may include the fact that some businesses are still unaware of the existence of cryptocurrency. Others businesses are located in countries where Bitcoin is banned.

[jademaxxiss012]

It is not said that BTC is not adopted but it is an option for the business to implement bitcoin as part of the business. Anyway, bitcoin has already created in bussiness and you can see it in those exchanges, mining bitcoin and trading it or even investing it to fund an ICO. This is already bitcoin engaginh with business.

[Marcsymon]

Actually Bitcoin has already adapted into business like making trading into an exchanges and some of it doing mining and get paid into blockchain industry. And so on with the other countries that Bitcoin was accepted in payments of their bills, transaction fees and to some coffee shoppe.

[Muzika]

it is hurtful to see the BTC price continues to fluctuate and for those people who dont have idea what is happening they will really panic and sell their holdings but for me it is good sign that the bull run is coming soon, like what the situation last year it drops and suddenly the price is unstoppably raising.

[Rustamm]

I always wondered what is the problem for BTC to be finally adopted in the wide range of business, I was expecting at least a great adaption in the online business but even so, what stops business from adapting BTC, the volatility? The low rates of adoption? Or maybe a lack of propaganda? BTC is so great and I really wish I could use it in more places IRL!

Have you tried to use bitcoin in business? As a rule, there is no legal basis for its use. Proving the existence and legality of transactions in Bitcoin in transactions before the tax authorities and the audit is almost impossible due to the lack of supporting documents that banks usually issue in such cases. Most likely, you will be subject to heavy fines and your business will be threatened.
 A big problem in business is the high price volatility of Bitcoin. Week back bitcoin cost another 6600 dollars, and now its price is already 4880 dollars. If at this time someone made a deal, then one of the parties would have suffered great losses. Who wants to risk in business and for what? Business loves stability.

[jatin729]

BTC is not adapted into business because as we have observed that bitcoin is really unstable coin so if something bad happen to crypto than it might lead to company loss or if price is rise than company may have huge profit but there are uncertainties. That's why companies are not adapted bitcoin.

[dss.123]

BTC is not adapted into business the price of the btc is not stable so many will not  accepts for payment in business.
more over its not safe and secure.

[Peacemaker1994]

I must say bitcoin has received a good number of adoption already globally but there are some other reasons that are prevent it from having a wide range of adoption

[Ladyga]

I also asked this question. I think this is due to the fact that this is a certain risk that some do not want to take. Bitcoin does not depend on anyone, therefore it is difficult to predict whether it will grow in value or not. The same with Bitcoin, it has a number of factors that are not adapted to the business - this is a small percentage of people who use Bitcoin, as well as stability

[sehoon]

It's not that they dont accept bitcoin. Some comapnies or business are aware of it but they dont want to adapt it and there are companies that are successfully adopted it. Bitcoin is popular especially in year 2017 when it boomed really hard that is why companies are also looking for a way to adopt it.

[S4VV4S]

It's not that they dont accept bitcoin. Some comapnies or business are aware of it but they dont want to adapt it and there are companies that are successfully adopted it. Bitcoin is popular especially in year 2017 when it boomed really hard that is why companies are also looking for a way to adopt it.

In the future maybe will be more companies are adopting Bitcoin into their business.
I believe the world of Bitcoin will increasingly famous and popular in the future. So wait and we will see it will happen.

[pinoyden]

It's not that they dont accept bitcoin. Some comapnies or business are aware of it but they dont want to adapt it and there are companies that are successfully adopted it. Bitcoin is popular especially in year 2017 when it boomed really hard that is why companies are also looking for a way to adopt it.

In the future maybe will be more companies are adopting Bitcoin into their business.
I believe the world of Bitcoin will increasingly famous and popular in the future. So wait and we will see it will happen.

No we dont need to wait for the future in order for that to happen because it is actually happening right now .  btc and any other popular cryptos like eth , bch , xrp , etc. Are now already recognized and have been used by most companies . they used it for recieving money and for paying to their workers as a form of currency/money  .

However there are still alot of companies or business that is doubting to use cryptos because they see that cryptos are risky and they can even loose , more than they can improve their lives .

[bitbunnny]

Businesses are not so wiling to accept Bitcoin because it's too risky for them. Also there is a lack of regulation and companies need legal ground and safety to be able to do business properly. That is also the reason why smaller cpmpanies accept Bitcoin more, because they don't have so much to loose and are more willing to accept the risk.
But regulation is one of the most important conditions for companies to start dealing with Bitcoin. You can't incorporate something that is barely legal or undefined into your business, do you?

[dentolas]

High volatility and lack of regulation make it less attractive, besides, BTC has slow and costly transactions that make it even less atractive for a business... remember what hapenned a few months ago, with transactions longing for more than 24h... I would accept BTC on my business, but only on certain circusntances

[EdenHazard]

If they only use bitcoin as a payment system then they will not think long to think of a payment using digital money. I guess fiat money in an account can be referred to as a digital currency, they can use the money through their cellphones or PC or laptop. Every merchant who will accept bitcoin will think for a long time, it could be that bitcoin makes their business go bankrupt with continuous price declines.

[Peashooter]

I always wondered what is the problem for BTC to be finally adopted in the wide range of business, I was expecting at least a great adaption in the online business but even so, what stops business from adapting BTC, the volatility? The low rates of adoption? Or maybe a lack of propaganda? BTC is so great and I really wish I could use it in more places IRL!

There are only one thing or reason why still bitcoin it not adapted into businesses and the reason is the government do not allow to use it. In fact, all business need to approve by government so once they know you will bitcoin or other cryptocurrency they will disapprove it. But, I do hope there will be a time that all businesses will really use cryptocurrency.

[Crafts12]

I always wondered what is the problem for BTC to be finally adopted in the wide range of business, I was expecting at least a great adaption in the online business but even so, what stops business from adapting BTC, the volatility? The low rates of adoption? Or maybe a lack of propaganda? BTC is so great and I really wish I could use it in more places IRL!

Bitcoin does not adopted into businesses because first of all not all the business accept it whole heartedly. In addition to that, the government will not allow it to be a part of the business system. Bitcoin is still a new and alien to the most of people so bot all the business allow it to be adopted.

[conected]

I always wondered what is the problem for BTC to be finally adopted in the wide range of business, I was expecting at least a great adaption in the online business but even so, what stops business from adapting BTC, the volatility? The low rates of adoption? Or maybe a lack of propaganda? BTC is so great and I really wish I could use it in more places IRL!

Bitcoin does not adopted into businesses because first of all not all the business accept it whole heartedly. In addition to that, the government will not allow it to be a part of the business system. Bitcoin is still a new and alien to the most of people so bot all the business allow it to be adopted.

- Indeed, businesses do not really believe in bitcoin because we can see the consequences bitcoin can bring, although it has a lot of good features but it is still a bug product, the bad guys can always take advantage of that to occupy property from users and businesses, and with such a system, businesses have no reason to use bitcoin. Another reason is that as you say, the government never accepts the bitcoin system in society, it's still too much risk and of course, if businesses want to bring bitcoin into society, they will face the law and the ban from the government

[Blocktopian88]

Apart from what you had listed, personally I think perhaps tax is also a barrier. Goverment's policy plays a very decisive role as well.

[ThirdPrize2]

Say you're a shop owner and you accept BTC.  Do you keep it as BTC or convert it to your local currency?  If you keep it as BTC, then this year would have bankrupted you as your working capital went down 80% in real value.  If you convert it to USD/GBP then you are probably using some 3rd party payment system where you don't even know/care it's BTC.  It is just another currency to you.  

Out of those two options, which is best?

[Cryptoreflector_666]

I always wondered what is the problem for BTC to be finally adopted in the wide range of business, I was expecting at least a great adaption in the online business but even so, what stops business from adapting BTC, the volatility? The low rates of adoption? Or maybe a lack of propaganda? BTC is so great and I really wish I could use it in more places IRL!

Big and wide adaptation in business bitcoin will receive only when its volatility is minimized. People cannot conduct large transactions and set prices for goods and services in bitcoin and cryptocurrencies, because prices change in a very short period of time, and for long-term business it is unacceptable.

[ngocbkcse]

Some businesses do not adapt BTC because their clients won't make any payments with it. So there is no need to overthink this issue.

[worldofcoins]

The main reason for businesses not adopting BTC as their payment method is due to its regulatory status. As well as that being the main put off factor, another major factor is the volatility i.e. how quickly the market price changes. Nobody would want to deal with a "currency" that has an unstable future.

[akeegan]

I always wondered what is the problem for BTC to be finally adopted in the wide range of business, I was expecting at least a great adaption in the online business but even so, what stops business from adapting BTC, the volatility? The low rates of adoption? Or maybe a lack of propaganda? BTC is so great and I really wish I could use it in more places IRL!

I think it all comes down to speed, cost, and usability. We all need to match VISA and Mastercard TPS. Bitcoin simply won't do that. We need stablecoins like Ampleforth tbh. People are scared of volatility

https://www.ampleforth.org/

[SistaFista]

I always wondered what is the problem for BTC to be finally adopted in the wide range of business, I was expecting at least a great adaption in the online business but even so, what stops business from adapting BTC, the volatility? The low rates of adoption? Or maybe a lack of propaganda? BTC is so great and I really wish I could use it in more places IRL!

I think bitcoin is already adopted into business, but not in a large scale.
Only several companies may have using bitcoin to expand their business. By using cryptocurrency, there is no limitation and everyone can use it.
Yeah, actually you can use btc in real life, there are many online shops that accept btc or cryptocurrency as a payment.

[Bitdressa]

I think your question should be "Why other business and companies still doesn't adopted bitcoin?" Because there are business and companies that already are using bitcoin as their primary payment and accepting it as payment, And if you are not aware of it now you already know, But why do other business, establishment, and companies still doesn't adopt bitcoin, I guess there are still people that doesn't trust bitcoin or other Cryptocurrencies, Or they don't have enough knowledge regarding it and may have a mind set of a risk regarding the unknown.

of course I agree with you, many companies have started to receive crypto money in their companies which can be said to be more profitable than using the country's own currency, rather than bothering to exchange it first, it can be directly used and immediately used so that the needs can be further processed.

[esetop01tryba]

Bitcoin is not adaptive in business as it is very volatile in price. It is profitable to accept bitcoins for payment only when there is an uptrend and if you choose the right time your business will flourish. Fortunately, when an uptrend begins, it lasts a long time and you can extract a huge profit from it.

[Riddikulo]

Some businesses do not adapt BTC because their clients won't make any payments with it. So there is no need to overthink this issue.

It seems to me that everything is simple. Bitcoin is volatile. Nobody knows if this cryptocurrency grows tomorrow or falls down. Businessmen do not want to risk - they are used to work with stable currencies.

[Sawadekub]

Everything has its time. At the moment, society is not yet ready to massively accept Bitcoin as a means of payment.
Of course, the first thing to do is to propagate informatoin about Bitcoin among ordinary people, talk about its advantages and about there, how convenient and with benefits they can pay for goods and services. The more consumers are interested in the possibility of paying for their purchases with Bitcoin, the more entrepreneurs will think about how to implement payment with Bitcoin in their infrastructure.
As say demand creates supply.

[Aponkye1]

The reason why most industries do not want to accept Bitcoin as another mode of payment is because of its volatility. For instance imagine taking a payment of bitcoin worth $100 US within the month of May and trying to change this same amount of bitcoin to fiat currency now would not be worth the same $100 US. This is what most business corporations fear that if they should accept they may lose funds sometime to come when the need to change the funds into fiat currency. In the same in case these business entities accept bitcoin payment and it rises they could also make huge sums of money. But the truth is nobody is ready to take such huge risks.

[Lucky7btc]

Why would you Adapt something that takes 1hrs to get 1 confirmation of payment?

[ETHAppCoin]

How can you adopt and use something as a payment method when its value fluctuates in the matter of second? How would this affect profits, payments and complete balance of any company? Plus the anonymity and lack of any regularity and government support. Too risky.

[Sexie]

I always wondered what is the problem for BTC to be finally adopted in the wide range of business, I was expecting at least a great adaption in the online business but even so, what stops business from adapting BTC, the volatility? The low rates of adoption? Or maybe a lack of propaganda? BTC is so great and I really wish I could use it in more places IRL!

It is because of the very long  term but down fluctuating condition of bitcoin and a sudden  rise but short term of bitcoin price  that hardly adopt in  wide range of business. It is Not that very consistent . One thing  more is that no one control for it . It is a digital currency. They can just use bitcoin for a store of value , mostly for now that it is because at down situation.

[a4techer]

Why do say that? What is you basis that some of businesses was not adopting bitcoin? Because as I know and as I read their are so many businesses was using bitcoin as a primary payment so that how do you say that bitcoin not adopted by business. I read some of restaurant in Korea was using bitcoin as paying including here in my country even our banks accepting or embracing  also bitcoin.

[shield132]

Why do say that? What is you basis that some of businesses was not adopting bitcoin? Because as I know and as I read their are so many businesses was using bitcoin as a primary payment so that how do you say that bitcoin not adopted by business. I read some of restaurant in Korea was using bitcoin as paying including here in my country even our banks accepting or embracing  also bitcoin.

Please attach examples too when you talk about it. Bitcoin isn't accepted by many companies/services and that's clear to my mind but the fact that you say it's primary payment method is very wrong. You rarely see only bitcoin based services and in most cases if you see btc as a payment option, it's always after others as an alternative.
Fiverr had it like steam and removed, curious, why? Will we see it back?

[Vickyrichy]

I always wondered what is the problem for BTC to be finally adopted in the wide range of business, I was expecting at least a great adaption in the online business but even so, what stops business from adapting BTC, the volatility? The low rates of adoption? Or maybe a lack of propaganda? BTC is so great and I really wish I could use it in more places IRL!

I suggest you take some time and go through the whitepaper of Bitcoin, I believe it will give some idea behind the main purpose for the introduction of Bitcoin and blockchain technology. Decentralization is the basic principle running the Bitcoin Blockchain and the change in the market value is just the nature of a decentralized system.

[pooja1982]

I think Btc is not regulated as a worldwide currency like USD. very few country in the world where the Bitcoin is regulated and accepted as a payment and all trasantion done by Bitcoin. It will takes time that BTC adapted as a primary payment when it will become as a legal tender in worldwide.

[TheClownSong]

I always wondered what is the problem for BTC to be finally adopted in the wide range of business, I was expecting at least a great adaption in the online business but even so, what stops business from adapting BTC, the volatility? The low rates of adoption? Or maybe a lack of propaganda? BTC is so great and I really wish I could use it in more places IRL!

In several country like Japan, bitcoin already accepted as currency in many merchant. I think many bussiness not adopting bitcoin because government regulation. Merchant must be afraid againts government regulation but i am believe government will regulate bitcoin in near future. Bitcoin will traded in reputable stocks market and i am believe bussiness adoption is just matter of time

[Rooster101]

Many business in some part of the world have already adopted bitcoin as one of their payment options and many will follow soon. At this time, the pace of bitcoin adoption is still slow because most in the business sectors want it to be legalized first by the government before accepting it. Some sectors are also aware of bitcoin's volatility and rapid price fluctuations and this is one of the reasons why tgey still reluctant to use it as one their mode of payments.

[0t3p0t]

I always wondered what is the problem for BTC to be finally adopted in the wide range of business, I was expecting at least a great adaption in the online business but even so, what stops business from adapting BTC, the volatility? The low rates of adoption? Or maybe a lack of propaganda? BTC is so great and I really wish I could use it in more places IRL!

Yes one of the common reason why people or merchants are hesitant is because of volatility and adoption in a particular place or country. Here in my country adoption is great and we can actually use Bitcoin in an online transaction such as buying goods and prepaid loads, paying bills and services etc. without any hassle like falling in line in the middle of nowhere. Bitcoin helps us with faster transaction locally and internationally and businesses are I think trying to get involve with Bitcoin.

[Kocret02]

today there are many companies that adopt BTC as a business option. Now BTC is one of the best business options online, so BTC will be useful for that

[Moiyah]

I always wondered what is the problem for BTC to be finally adopted in the wide range of business, I was expecting at least a great adaption in the online business but even so, what stops business from adapting BTC, the volatility? The low rates of adoption? Or maybe a lack of propaganda? BTC is so great and I really wish I could use it in more places IRL!

Obviously, bitcoin is not good in business like now where the situation of the market is not that good. Yes, there are some advantages but still. It is volatile and it doesn't benefit any business.

[Siren]

I always wondered what is the problem for BTC to be finally adopted in the wide range of business, I was expecting at least a great adaption in the online business but even so, what stops business from adapting BTC, the volatility? The low rates of adoption? Or maybe a lack of propaganda? BTC is so great and I really wish I could use it in more places IRL!

Lol bitcoin has being used as payments worldwide,and there are some countries that uses this as their own currencies so this is stupidity that tells bitcoin is not adopted in businesses
Maybe there are majority that is not accepting and using this for their business but they don’t really know what is cryptocurrency and what this can bring to them so they are hesitating,but for sure upon realization they will grab this as an opportunity that a risky one

[Nnedaddy1]

I think the adoption rate of bitcoin into business this year alone is not that bad compared to the adoption rate in previous years.
So I believe it's one step at a time.
There's also the need to get the various key technologies of blockchain improved so that it will bring value to everyday activities of the public which will increase adoption rate into businesses.

[katerinaliisa]

Bitcoin is already an outdated coin. In technical terms, there are coins much better and more functional than bitcoin. The transaction speed of such coins is much faster, and some have a higher level of anonymity.

[thankyoulord]

business are yet to adopt use of bitcoin because some are already using their own cryptocurrencies while others are yet to fully understand the working principles of bitcoin but then we will see it being massively adopted in the near future

[AltcoinTradingSignal.com]

Adoption has always been the biggest issue with bitcoin. The two big reasons behind not being directly adopted into business are because it is slow and has a hefty transaction fee. All of this might change in the future with the release of the lightning network.

[delphic]

At this stage, bitcoin is too unstable to connect it to the business. Who would want to put their business in such danger?Today you have a million, tomorrow you have half.As soon as the reverse trend begins,then we can talk about business cooperation.

[SventraPapere]

What are you talking about?What kind of business?Now bitcoin is not adapted even for the average consumer.You just look how many people have suffered and lost the last of these sharp price spikes.No company would ever agree to that.And rightly so.

[akiho yoshizawa]

At this stage, bitcoin is too unstable to connect it to the business. Who would want to put their business in such danger?Today you have a million, tomorrow you have half.As soon as the reverse trend begins,then we can talk about business cooperation.

fluctuations that are too "unnatural" result in many public businesses not daring to go further, besides that there are many challenges from government regulations and this cannot be seen as trivial.

at present business concentration is only limited to digital stocks and price momentum is not in line with extreme market concentration. There must be a stable coin to really apply in general.

[rtm125]

I think that the reasons for the slow introduction of bitcoin into the business sphere are restrictions on the part of the government. For the full acceptance of bitcoin by the authorities need more time.

[WebTera]

Bitcoin is simply too young, both as a technology and as a currency. But he is on the right path of development and gradually begins to take root in the business. So we can be sure of him.

[Elerntta]

Bitcoin is at the stage of implementation in the business. But in different countries it happens in different ways and at different rates. Unfortunately, this is normal for such an innovative technology as bitcoin.

[elwiswoodie]

today there are many companies that adopt BTC as a business option. Now BTC is one of the best business options online, so BTC will be useful for that

Indeed bitcoin technology is very great. but I do not consider bitcoin as the best online business, because the price of bitcoin can change so that it will affect the value of coins that have been won at any time. bitcoin has a lot of risks so be careful when doing business with bitcoin. Only people who are smart about managing bitcoin will get success.

[lamadu3]

today there are many companies that adopt BTC as a business option. Now BTC is one of the best business options online, so BTC will be useful for that

Yes, some companies and private businessmen use Bitcoin actively. However, the majority of serious people do not do it due to the high volatility of the cryptocurrency. They do not want to risk.

[Easzjohn]

I belive that why bitcoin ia not yet adopted i to many business ita because of its volatility.  Once it becomes stable more business will adopt it

[mekie]

There are two reasons for businesses not taking up Bitcoin, firstly-volatility, the very large swings in the price make it difficult to price your product, for example; you produce an item which you sell for $1,000 now someone wants to buy with bitcoin and bitcoin is at $4,000 so you want 0.25 bitcoin for your product which you receive, next day you want to cash in your bitcoin but it has dropped to $3,000 so now you only get $750 of course the opposite can happen and you make a chunk of extra profit. But the fear of the downside is what is stopping adoption as most people are risk averse.  Secondly-high transaction costs with slow confirmation- a merchant taking debit and credit cards pay around 0.3%  to 1.99% in fees with transactions confirmed in seconds and with some providers the money is in the bank next day. Hence the slow and limited adoption of Bitcoin etc.

[kvipcn]

I think the speculated reason why Bitcoin can't be used or adapted into business is the state at which it's market price keep changing within a short period of time. The changes in its market price can either devalue the rate at which the business transactions are done or over value the transactions. Most businesses can not take this risk associated with the use of Bitcoin for their transactions.

[Ethan Argu]

One of the reason is inconsistent movement of price. Some products are consistent to thier price thiers a small chance to change the value in slow time. If we see the side of bitcoin every minute can drop to a small value within a second. Yeah we can use it in some businesses like travel book on a hotel, you can buy product using your bitcoin but limited business are accepting crypto.

[mekie]

Bitcoin at the moment is to volatile and transactions are to slow and expensive.  It will take time (probably years) for Bitcoin to be widely used and accepted, but I am convinced that one day it will be, and I for one can't wait to be able to use Bitcoin in much the same way as I use fiat.