Which other company will support Bitcoin next?

[Yatsan]

We are also waiting for such thing to make happen because we have seen what great impact the two companies namely PayPal and Tesla have done to give Bitcoin even more popularity since many people are trusting and knowing those big companies. Looking forward already to see which will be the next in line to get into Bitcoin and no wander which will it be, we are pretty sure that it will make people to tag along with the trend since institutions are having a big part to the movement and popularity of Bitcoin towards the people's minds.

[Abiky]

The most interesting point in your topic a question about centralization. We know Bitcoin is a decentralized cryptocurrency, but if a major part of Bitcoin accumulates by all the centralized organizations then we will face a problem. Because due to holding a major part of the Bitcoin they will able to manipulate the Bitcoin market as they want. I know if one or all of these companies invest in Bitcoin then the price would record a new ATH and also it would be a massive adaption. But most probably it would drive to centralization as you said. Rather than accumulate a huge amount, if they accept Bitcoin for payment, then it would be massive and long time adaption forever until they accept.

That should be a huge concern to decentralization proponents in the crypto/Blockchain space. Unfortunately, most people don't care about this. They're only into crypto to make a quick buck in the long run, even if they have to sacrifice decentralization/censorship-resistance for convenience/ease-of-use. Greedy companies will accumulate most of the circulating Bitcoin on the market, effectively jeopardizing its vision of being a decentralized "peer-to-peer electronic cash system". Who knows what the future of Bitcoin will look like as the wealthy controls the whole crypto market?

Nonetheless, we cannot deny the fact that most companies are still hesitant to invest in Bitcoin in the first place. This could be a result of the cryptocurrency's volatility on the market. At least, Tesla and PayPal have joined the game. It's yet the time where Microsoft, Apple, Walmart, Amazon, or Google have yet to announce their support for Bitcoin. Once these companies join the game, prices will pump higher as people gain the "FOMO" sentiment. This will benefit "hodlers" in terms of capital gains, but it will make the cryptocurrency centralized as power concentrates in the hands of a few powerful corporations in the mainstream world. We'll see how this will end in the long run, as Bitcoin goes all the way to the moon. Unless we do something about it, things will not get better (in terms of decentralization) anytime soon. Just my thoughts

[slaman29]

Elon Musk can push the market because he is one of the whales. He is loved because He support the crypto market and be one of the investor. For the popular conglomerate, Elon really have the influence because of his choice and his mind about Crypto Meanwhile there are many crazy rich that never interested with Crypto such as Warren Buffet. He is enough hated by many crypto investor, but what He said cant give any influence for market, right ?

That's what I think yeah. Buffett isn't as hated as the people I mentioned earlier though. I mean, sure crypto people think he's an idiot but he's actually a lot smarter than he sounds and he is still revered among traditional investment circles.

But all I'm saying is that you need to be "influential". A lot of people with money and easy life following you too:)

[NelfiNovita]

Several companies have joined the Bitcoin/Blockchain bandwagon, leading towards new ATHs (All-Time-High) for major crypto assets on the market. Both PayPal and Tesla's announcement of adopting Bitcoin, has brought a certain level of confidence among investors and traders alike. People are pouring money like crazy in crypto, as they don't want to miss out the opportunity of a lifetime to make huge streams of profit.

Now that we have several prominent companies supporting Bitcoin, I'm starting to wonder which company will be next? Will it be Walmart, Amazon, or Apple? What do you think will happen if one (or all) of these major companies invest in Bitcoin? Will it benefit the market immediately? Or will it take some time? Do you think such companies will control a huge portion of Bitcoin's supply, effectively making it centralized? Your input will be greatly appreciated. Thanks in advance.

the possibility that Walmart, Amazon and Apple companies will support bitcoin because the price of bitcoin is getting more expensive from year to year, all big companies will definitely be interested in bitcoin and if all companies have supported bitcoin then we will see the price of bitcoin that breaks the all-time high, I think if that happened the bitcoin price would be over $ 100k.

[acener]

Well I hope the next one would be on an online shopping like amazon so we could use our crypto to shop for what we want,
But I guess it would be hard for those who have a partner or who loves to shop online to save their crypto when it happens (Just kidding).
How about an adult company for anonymity of those who wants to avail something from them but is a little bit shy ?

[Kamarah]

Several companies have joined the Bitcoin/Blockchain bandwagon, leading towards new ATHs (All-Time-High) for major crypto assets on the market. Both PayPal and Tesla's announcement of adopting Bitcoin, has brought a certain level of confidence among investors and traders alike. People are pouring money like crazy in crypto, as they don't want to miss out the opportunity of a lifetime to make huge streams of profit.

Now that we have several prominent companies supporting Bitcoin, I'm starting to wonder which company will be next? Will it be Walmart, Amazon, or Apple? What do you think will happen if one (or all) of these major companies invest in Bitcoin? Will it benefit the market immediately? Or will it take some time? Do you think such companies will control a huge portion of Bitcoin's supply, effectively making it centralized? Your input will be greatly appreciated. Thanks in advance.

I'm sure when big and reputable companies in the world support Bitcoin, Bitcoin will be trusted by people. This is very beneficial! When people flock into Bitcoin investment, Bitcoin prices will be high. That's what everyone wants. The last one we care about is that each bitcoin value can bring us how much money. I also recommend people to choose prestigious trading floors to participate.

[hazenyc]

Several companies have joined the Bitcoin/Blockchain bandwagon, leading towards new ATHs (All-Time-High) for major crypto assets on the market. Both PayPal and Tesla's announcement of adopting Bitcoin, has brought a certain level of confidence among investors and traders alike. People are pouring money like crazy in crypto, as they don't want to miss out the opportunity of a lifetime to make huge streams of profit.

Now that we have several prominent companies supporting Bitcoin, I'm starting to wonder which company will be next? Will it be Walmart, Amazon, or Apple? What do you think will happen if one (or all) of these major companies invest in Bitcoin? Will it benefit the market immediately? Or will it take some time? Do you think such companies will control a huge portion of Bitcoin's supply, effectively making it centralized? Your input will be greatly appreciated. Thanks in advance.

Everything is possible, isn't it? Perhaps even pension funds will start investing in Bitcoin in the future, at least if they are not legally restricted from doing so. Would depend on the jurisdiction. Companies like PayPal offer Bitcoin, but they are still PayPal with all the issues we know about them.

It is more likely that newly found smaller companies will dominate those who have at first ignored the technology.

[choechristian00]

Several companies have joined the Bitcoin/Blockchain bandwagon, leading towards new ATHs (All-Time-High) for major crypto assets on the market. Both PayPal and Tesla's announcement of adopting Bitcoin, has brought a certain level of confidence among investors and traders alike. People are pouring money like crazy in crypto, as they don't want to miss out the opportunity of a lifetime to make huge streams of profit.

Now that we have several prominent companies supporting Bitcoin, I'm starting to wonder which company will be next? Will it be Walmart, Amazon, or Apple? What do you think will happen if one (or all) of these major companies invest in Bitcoin? Will it benefit the market immediately? Or will it take some time? Do you think such companies will control a huge portion of Bitcoin's supply, effectively making it centralized? Your input will be greatly appreciated. Thanks in advance.

Mastercard (MA) made a big announcement in early February when it said it would soon begin actively supporting cryptocurrencies on its network.

"We're planning for the future of crypto and payments right now, announcing that Mastercard will begin actively supporting select cryptocurrencies on our network later this year. This is a significant shift that will necessitate considerable effort "According to the company,But we're here to help consumers, retailers, and companies transfer digital value in whatever way they choose, whether it's traditional or crypto. It should be your decision; after all, it is your money."

In addition, Mastercard is collaborating with Gemini Exchange to deliver a cryptocurrency rewards credit card. Mastercard's role and increasing activity in the crypto industry positions it to be a major player, which could lead to a merger.

Mastercard's role and increasing activity in the crypto industry positions it to be a major player, which could contribute to a more open stance on Bitcoin keeping.

[cyriljundos]

yes many company have engage already in bitcoin, they know that bitcoin has a future and lot of big company names that is investing and using bitcoin as their main digital currency. i think online seller company would engage in bitcoin and shops or payments.

[RondoAnyar]

Amazon has the most opportunity to be in crypto, this issue has been around since 2019 and until now.
take a look at this https://www.investopedia.com/news/could-amazon-be-gearing-accept-bitcoin/
It seems that if Amazon really realizes bitcoin for payments this will motivate e-commerce around the world to be able to follow in Amazon's footsteps using crypto for more modern transactions.

[Obito]

Amazon has the most opportunity to be in crypto, this issue has been around since 2019 and until now.
take a look at this https://www.investopedia.com/news/could-amazon-be-gearing-accept-bitcoin/
It seems that if Amazon really realizes bitcoin for payments this will motivate e-commerce around the world to be able to follow in Amazon's footsteps using crypto for more modern transactions.

I agree with this one because they are the biggest eCommerce platform followed by Alibaba, I am sure that a lot of eCommerce companies are going to be interested in bitcoin and cryptocurrency because they have so much to gain and so little to lose. Maybe car companies might follow Tesla's purchase or maybe game companies will follow Nexon.

[ene1980]

Amazon has the most opportunity to be in crypto, this issue has been around since 2019
It seems that if Amazon really realizes bitcoin for payments this will motivate e-commerce around the world to be able to follow in Amazon's footsteps using crypto for more modern transactions.

In the past everyone was expecting Amazon to start accepting bitcoin and if they did that it was a huge achievement for the community and there was a strong hope during that period that they might start accepting bitcoin and almost 8 years down the road and they are yet to start accepting bitcoin. I seriously do not care if they invest heavily in bitcoin or not but if they are able to accept bitcoin as a mode of payment even now it would be huge.

[ropyu1978]

As time goes by, bitcoin is getting more and more enjoyment and more and more people are looking for and turning their attention to bitcoin, it is undeniable that there are already many large companies that already support bitcoin such as paypal and Tesla, maybe in the future other companies will also support bitcoin. like amazon, apple, and walmart, we'll see ...

[milewilda]

Amazon has the most opportunity to be in crypto, this issue has been around since 2019
It seems that if Amazon really realizes bitcoin for payments this will motivate e-commerce around the world to be able to follow in Amazon's footsteps using crypto for more modern transactions.

In the past everyone was expecting Amazon to start accepting bitcoin and if they did that it was a huge achievement for the community and there was a strong hope during that period that they might start accepting bitcoin and almost 8 years down the road and they are yet to start accepting bitcoin. I seriously do not care if they invest heavily in bitcoin or not but if they are able to accept bitcoin as a mode of payment even now it would be huge.

Talking about big companies or giants in e-commerce industry would really be giving a huge hit but for now the thing we do need to do is to wait up until they had able to open their eyes when it comes to the recognition
or acceptance of Bitcoin to be integrated into the system which will really be giving out some serious impact.
All we do hope and all we do need is to see on how bitcoin been accepted on any industry which it can really be applied on the purpose on what it should be but well we do expect those hesitance and regulation matters
which would really be a big hindrance or blockage on such adoption but we are really heading into that path but it would really still takes time and needs a lot of patience.

[nightxglow]

The recent rumour is that facebook will start to add bitcoin into their financial statement, so it can be said that facebook support bitcoin right? still a rumour though, there's no official statement yet. However, since facebook is big and popular, i bet it will surely give a positive reaction to the market. It might take some time, or maybe it will affect the price immediately after the announcement, who knows? But company supporting bitcoin will always be a good news.

[ololajulo]

Jack Dorsey showed a stronger interest in Bitcoin past year with several supporting tweet, it's over 3 months in the year and yet to see a remarkable adoption process on twitter. Most of the adoption of the big company only consider bitcoin as a substitute to gold, a digital gold to reserve their asset. They might have to just store the coins.

[Ryker1]

Jack Dorsey showed a stronger interest in Bitcoin past year with several supporting tweet, it's over 3 months in the year and yet to see a remarkable adoption process on twitter. Most of the adoption of the big company only consider bitcoin as a substitute to gold, a digital gold to reserve their asset. They might have to just store the coins.

Well, anyone who is possible to become a new investor of bitcoin, big companies owners, big institutions, or even those private copmap[nies who want to adopt bitcoin will possibly have the potential to invest and follow others who already adopted. They can because they have a lot of funds to play the market and they saw that bitcoin is an easy way to gain profit and hold. But sometimes I felt scared when I was thinking that those consider big investors will dumping the market will surely have an effect and hopefully they will not. I'm waiting for the World Health Organization ^[WHO] to adopt and accept bitcoin as their payment and also using this as a payment.

[Bilgent]

It is said that Facebook has been holding Bitcoin for some time and they are getting ready for making an announcement about it. But still there is no news regarding it. I wonder if it was just a rumour.

[jossiel]

It is said that Facebook has been holding Bitcoin for some time and they are getting ready for making an announcement about it. But still there is no news regarding it. I wonder if it was just a rumour.

No validation and confirmation from Facebook itself.

It will remain as a rumor if that news is only coming from the media but not from them. But who knows if there really is an insider which created that rumor and it tends to be true.

Anyway, keep that as a rumor until they will speak about it.

[dothebeats]

There are a lot of potential candidates, and I think it doesn't matter anymore since we already have created quite a number of supporters and giant names that are holding and supporting bitcoin. Most of the time, the companies that support bitcoin are those that specializes on technology for their service or the products that they offer, so there's that.

The Facebook one isn't confirmed nor denied just yet. We're yet to see what they are to say regarding bitcoin ownership and/or their plans to do with it if they indeed have some.