dgreat
Jr. Member
 Offline
Activity: 70
Merit: 1
|
 |
September 14, 2018, 02:02:08 PM |
|
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
|
|
September 14, 2018, 02:14:17 PM |
|
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
Sr. Member
Offline
Activity: 1680
Merit: 273
DGbet.fun - Crypto Sportsbook
|
|
September 14, 2018, 02:41:56 PM |
|
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
Newbie
Offline
Activity: 140
Merit: 0
|
|
September 14, 2018, 05:01:47 PM |
|
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
Jr. Member
Offline
Activity: 392
Merit: 1
|
|
November 12, 2018, 10:48:43 AM |
|
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
Newbie
Offline
Activity: 30
Merit: 0
|
|
November 12, 2018, 10:54:20 AM |
|
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
Member
Offline
Activity: 322
Merit: 10
|
|
November 12, 2018, 12:48:35 PM |
|
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
|
|
November 12, 2018, 02:36:20 PM |
|
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
Jr. Member
Offline
Activity: 504
Merit: 5
|
|
November 14, 2018, 11:36:15 PM |
|
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
Newbie
Offline
Activity: 75
Merit: 0
|
|
November 15, 2018, 01:22:32 AM |
|
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
|
|
November 15, 2018, 01:53:47 AM |
|
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
Legendary
Offline
Activity: 1414
Merit: 1002
= jasad =
|
|
November 15, 2018, 02:21:03 AM |
|
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
Jr. Member
Offline
Activity: 252
Merit: 1
|
|
November 15, 2018, 06:14:33 AM |
|
it shouldnt be any problem as payment, as for value storage, bitcoin might not be a wise choice. volatility is the main factor.
|
|
|
|
|
|
Rooster101
|
|
November 15, 2018, 06:44:32 AM |
|
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
|
|
November 15, 2018, 06:56:53 AM |
|
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
|
|
November 15, 2018, 07:39:18 AM |
|
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
Member
Offline
Activity: 406
Merit: 11
|
|
November 15, 2018, 07:46:48 AM |
|
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
|
|
November 15, 2018, 08:01:55 AM |
|
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
Jr. Member
Offline
Activity: 475
Merit: 1
Tackling Climate Change Using Blockchain
|
|
November 16, 2018, 10:22:22 PM |
|
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
|
▄ ◤ DAGO Mining ◥ ▄
▐░ ECOLOGICAL BITCOIN MINING ░▌ (https://dago-mining.com) |
|
|
|
AimHigh
|
|
November 16, 2018, 10:36:58 PM |
|
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.
|
|
|
|
|
|
