Its coming i faster and would shock most people

[Smartvirus]

Friends, I think the moment we've been waiting on is fast approaching and should it come as a shocker to most of us. O saw this on coindesk.
https://www.coindesk.com/luxury-us-hotel-group-now-accepts-bitcoin-dogecoin-and-other-cryptos?amp=1

what would our reaction be like?
When bitcoin and crypto finally emerges as the future?

Well uhmmm, we still won't reap the world into halves but then, it's going to be something for the crypto community.

What could that something be for you, haven't scaled through the scarry news of your investment days and have finally over came the challenge.

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[maxreish]

Companies, other business like hotel, real estate and more fields are now accepting the new trend. Since many people are already into cryptocurrency payments, using blockchain system to improve their business will lead to some positive impact with both cryptocurrency and to their company as well.

As crypto payments continues to become popular with the first companies who have tried to integrate it to their system. Thus, this new kind of accepting crypto coins will make it more significant prominence to the business industry.

[Twentyonepaylots]

As bitcoin becomes noticeable on the internet, more establishments, figures, and entities will jump into the hype in hopes of becoming and/or staying relevant to the growing demands of the people. So the main point here is if we want to hasten the process of bitcoin being adopted and accepted by every country on this planet, we should talk more about it. At least that's how I see it.

[cabron]

Bitpay makes it all possible. Businesses like hotels accepting BTC and stablecoins are entirely believable but wanting doge is pretty much funny. I like doge I have some doge but it's just too early for them to really think the coin is going to be a real investment yet since there is no assurance yet whether the quick rise of DOGE could be sustainable in the long run.

[sunsilk]

We won't be able to see the impact of that good news in an instant. But just like the other companies and merchants who have announced and started accepting payments in bitcoin, they're the same as those.

And if the other companies who have seen them do it and it's possible through BitPay, they're also going to adopt and do as this company did. The companies who are still in doubt would now come to an idea that it's possible to accept bitcoin through their customers and receive it through USD.

[mk4]

What would my reaction be? Meh, not surprised. Such news doesn't even surprise me that much anymore because adoption is pretty much almost inevitable at this point, the question is just how slow or how fast are we going to get there.

[franky1]

Friends, I think the moment we've been waiting on is fast approaching and should it come as a shocker to most of us. O saw this on coindesk.
https://www.coindesk.com/luxury-us-hotel-group-now-accepts-bitcoin-dogecoin-and-other-cryptos?amp=1

just checked their website.. seems bitcoin is not on they payment options at booking..
...
read their announcement and it seems when you request a invoice then and only then can they email you an invoice that includes a bitpay option

its kind of like the old..  'dont mention they can pay with airmiles unless they specifically ask'

[Lorence.xD]

Bitpay makes it all possible. Businesses like hotels accepting BTC and stablecoins are entirely believable but wanting doge is pretty much funny. I like doge I have some doge but it's just too early for them to really think the coin is going to be a real investment yet since there is no assurance yet whether the quick rise of DOGE could be sustainable in the long run.

Maybe they want to get into the doge scene early and want to accumulate as much as possible, remember the 20k bitcoin pizza? That might be the same as this. I think that this is a good thing because with big business like hotel and other leisure services, the recognition of bitcoin and other cryptocurrency is going to increase with more people seeing that their resorts are accepting cryptocurrency.

[mk4]

Maybe they want to get into the doge scene early and want to accumulate as much as possible, remember the 20k bitcoin pizza? That might be the same as this. I think that this is a good thing because with big business like hotel and other leisure services, the recognition of bitcoin and other cryptocurrency is going to increase with more people seeing that their resorts are accepting cryptocurrency.

Ehh I'd like to be optimistic and think that businesses likes to hold their crypto but no, most probably not. They're accepting payments through BitPay, which businesses mostly use so they wouldn't need to actually hold cryptocurrencies as the crypto payments are automatically converted to fiat the moment they receive the payment. Even if they'd want to hold crypto, it'll most probably be a tax nightmare.

[Sithara007]

It's not going to be very smooth. One advantage in accepting payments through a credit or debit card is that additional ID verification is not needed. But since Bitcoin is a semi-anonymous digital asset, the business may ask for ID verification at the time of payment. Another issue that concerns me is the tax liability. Every time you use cryptocurrency to make a payment, it needs to be shown in the tax return. And you need to specify the prevailing exchange rate at that point as well, which is going to be cumbersome. If you make payments through credit card or PayPal, then you don't need to go through this nonsense.

[Silberman]

Friends, I think the moment we've been waiting on is fast approaching and should it come as a shocker to most of us. O saw this on coindesk.
https://www.coindesk.com/luxury-us-hotel-group-now-accepts-bitcoin-dogecoin-and-other-cryptos?amp=1

what would our reaction be like?
When bitcoin and crypto finally emerges as the future?

Well uhmmm, we still won't reap the world into halves but then, it's going to be something for the crypto community.

What could that something be for you, haven't scaled through the scarry news of your investment days and have finally over came the challenge.

The world wide adoption of bitcoin seems to me finally to be inevitable, while many of those that are here in the forum thought this was the case we still need to recognize there were moments in which bitcoin seemed to be used only by speculators and nothing more, but new estimates put the number of bitcoin users at very high levels so it does not really matter if the adoption happens slowly or if it is a fast process since we know it is coming and that is a great news.

[Kakmakr]

I can still remember back in the day when a large cigar shop (franchise) decided to accept Bitcoin as a payment option. Everyone was excited, because that was supposed to be the event that triggered mass adoption of Bitcoin as a payment option... but as we can see now, it is still not the case.

Bitcoin will not go mainstream as a "Currency" ...if the governments of the world keep on defining it as a "Commodity"    The large companies have to adhere to the rules and guidelines of their governments and they will never do this without their approval. (Until then, companies will use Payment processors to convert Crypto back to Fiat) 

[virasog]

Friends, I think the moment we've been waiting on is fast approaching and should it come as a shocker to most of us. O saw this on coindesk.
https://www.coindesk.com/luxury-us-hotel-group-now-accepts-bitcoin-dogecoin-and-other-cryptos?amp=1

what would our reaction be like?
When bitcoin and crypto finally emerges as the future?

Well uhmmm, we still won't reap the world into halves but then, it's going to be something for the crypto community.

What could that something be for you, haven't scaled through the scarry news of your investment days and have finally over came the challenge.

Crypto is being adopted in many institutions and business but still many people don't take it seriously. By the time majority of the world population would realize that they should have some bitcoins with them, they would be shocked to know the price of bitcoin. We would be considered lucky holding and accumulating bitcoins in the past and present days.

[bitterguy28]

This may help but not to the extent that will happen faster , How many hotels are these ? and how many crypto users will use their services ?

Not because they are accepting bitcoin meaning Hotel users will Buy bitcoin to use for their stay lol.

and remember that those are only for luxurious thing and not as a daily base circulation.

[semobo]

Friends, I think the moment we've been waiting on is fast approaching and should it come as a shocker to most of us. O saw this on coindesk.
https://www.coindesk.com/luxury-us-hotel-group-now-accepts-bitcoin-dogecoin-and-other-cryptos?amp=1

what would our reaction be like?
When bitcoin and crypto finally emerges as the future?

Well uhmmm, we still won't reap the world into halves but then, it's going to be something for the crypto community.

What could that something be for you, haven't scaled through the scarry news of your investment days and have finally over came the challenge.

It is not a scary news for a crypto enthusiast who actually wanted to spend their cryptos and maybe holders will be worried but wait this is just the first step we still a long way to go before the cryptocurrency actually adopted as currency and its value is getting stabilized at some value.

[davis196]

I luxury US hotel will begin to accept cryptocurrency payments.
What is so shocking about this?Your title is clickbait.
Hotels were hit badly by the coronavirus pandemic and the lockdowns,so they are desperate for solutions that will bring them more customers(I really doubt that accepting crypto payments will bring more customers).
Anyways,every business that accepts crypto payments is good news for us.The the institutional investors will be in the crypto army and they will be followed by many B2B and B2C companies.

[AniviaBtc]

We can't deny that bitcoin is progressing and is doing its best to reach the mainstream and deal with the market.

Bitcoin as a choice in payment method is not impossible especially that some businesses or companies are already doing it.

This is really the future of digital currency, there are a lot of new things and opportunities in bitcoin that will make us grow more as an investor and as a fan. Some governments are also seeing this positive impact of bitcoin in the market and economy that's why some of them are allowing it to enter their economy.

[maydna]

If a real business such as hotels and other things can accept bitcoin or altcoins, making crypto will be known and spread in many places. People will be curious about crypto, and they will ask the officer or search from the internet what crypto is and how to use crypto. It can attract more people to come and try to use crypto. That can help the adoption process will grow, and sooner or later, all people will know about crypto, and they will see the benefits of crypto to them. The payment methods will transform from paper money or credit/debit card into digital payment. I think we already see it will happen in many places, as in this pandemic, the government is trying to suggest people use cashless.

[Lorence.xD]

Ehh I'd like to be optimistic and think that businesses likes to hold their crypto but no, most probably not. They're accepting payments through BitPay, which businesses mostly use so they wouldn't need to actually hold cryptocurrencies as the crypto payments are automatically converted to fiat the moment they receive the payment. Even if they'd want to hold crypto, it'll most probably be a tax nightmare.

Well, at the least they are contributing to the economic circulation of cryptocurrency nonetheless. Now that you mention it, don't you think that it will be a good loophole for taxes that they are going to hodl the profits in bitcoin and other cryptocurrency? Coz AFAIK, there isn't any laws that is tackling that loop.

[pooya87]

I am more shocked at your surprise rather than the news you shared because it is nothing new. There have always been lots of businesses that accept bitcoin as payment which always included hotels too.
Additionally news like this become more common whenever bitcoin is in a bull run because the increasing price has always been a good incentive for people to spend their bitcoins rather than holding on to them (compared to bear markets when most people HODL). If you check 2017 for example you can see the same trend too.