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Author Topic: Pay with Bitcoin  (Read 1310 times)
ultrloa
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September 01, 2021, 10:16:22 PM
 #61

They could give their employees choices, they could either be paid in crypto or fiat. Having its own bitcoin payment system is a great stepping stone for the business, since they are accepting bitcoin, employees should be knowledgeable on how to operate it. This could lead them to be interested in it as well. It would be easier for them, for sure.
It is good for companies to give their employees a choice, depending on whether the employees want to get paid in crypto or fiat.
This is also what many people who are familiar with crypto want, but it all depends on the rules of the government of each country.
because today there are still many countries that have not accepted crypto as a means of payment, and that is the biggest obstacle.
So the crypto adoption process does not go fast as long as the government is not open-minded and accepts cryptocurrencies as a whole.
Its really good to have choice like this but the question is does they can able to take up the high fees by using bitcoin? sometimes that one is need to be consider as companies are losing money for paying such huge fees if the network is congested, Also stuck transaction due to low set fees is a concern to so maybe this bitcoin option to pay to your employees will get a problem knowing we can get stuck for many days for it and its stressful for the employee to encounter this issues.

Regarding the high costs of using Bitcoin for payroll, maybe the fee is passed on to employees who choose Bitcoin for their salary payments.
Because it is impossible for the company to bear such large costs, therefore if employees want to receive salaries in Bitcoin must be willing
to be deducted by transaction fees. If they are not willing to choose fiat for salary payments, the company concludes that they give
employees a choice. Because from the start the company did not force employees to receive salaries in Bitcoin.

Well that's a huge lose for employee's imagine they will shoulder the high transaction fees if this really meant to happen. Instead of they can use the amount to buy goods but they used it for fees for this incident for sure many employees would not like to receive bitcoin that's why this things need to consider first that's why I can say that this bitcoin plan payment is kinda not happening for now as there are many flaws regarding to this plans.

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perfect999
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September 02, 2021, 06:49:32 AM
 #62

I developed a high interest in Bitcoin lately want to accept Bitcoin for my sales and servicing company, am already working with a programmer to develop software or an application that will aid my transactions using the Bitcoin lightning network.

As the saying goes, no man is an island of knowledge, so I shared my story to get suggestions from this noble forum.
It’s not a bad idea, you can go ahead with it. Though I have not seen people that are making use of lightening network for this project, but that might be a good thing to go for. Other companies that I have seen accepting bitcoin are not saying anything about lightening and I have also not seen major wallets allowing lightening network on their platform. So, I’d say before you go ahead with it, try to understand it very well, and know everything about the lightening and how it’s going to impact your business and all that, and also know whether it’s necessary, although I do know that for a fact you have to make your transaction faster.
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September 02, 2021, 04:06:13 PM
 #63

I developed a high interest in Bitcoin lately want to accept Bitcoin for my sales and servicing company, am already working with a programmer to develop software or an application that will aid my transactions using the Bitcoin lightning network.

As the saying goes, no man is an island of knowledge, so I shared my story to get suggestions from this noble forum.
the most important thing is that your programmer is trusted, i'm just worried if your programmer manages your plan and he has your access to bitcoin it's dangerous. I think you have to understand about the software or application you are making. because bitcoin is volatile and very risky, you should really think about it. but if your plan is ready I appreciate your step because you are an entrepreneur who uses bitcoin
It's just useless worry when the secret keys for wallet access cannot be given to a programmer, even if he asks for access, you still need to work directly with the programmer, and even if he does get access, we still have a contract of employment and know in advance about this employee's reputation, you cannot hire someone whose documents can't be referenced. But this plan is probably only for large scale like Amazon, Ebay, Paypal, for small scale companies, resources should be shifted to more advertising as well as hiring talented staff.

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September 03, 2021, 03:33:34 AM
 #64

Bitcoin payment is a good way of payment for countries that allow the use of it. With the use and widespread popularity of bitcoin and various cryptocurrencies, many companies and institutions have gradually accepted it as a payment method. Bitcoin payment methods can attract more encrypted users and will have more customers all over the world.
This will also have a certain impact on Bitcoin itself, allowing more people to understand how to use it, making it a more popular payment currency.

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September 03, 2021, 05:10:51 AM
 #65

if the recognition and adoption of and bitcoin has been done widely then everything I want to do then I will do it using bitcoin, but for now we have to postpone the process because there are so many restrictions imposed on bitcoin in various countries, but if the adoption process has happened, bitcoin can become a legal transaction tool
I think general adoption of Bitcoin will take some time to come by due to factor that limits its acceptance as a legal tender factor-like decentralization and anonymous and the rest. The government will want a currency they can control that is why they will always support the traditional currency over cryptocurrency.

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September 03, 2021, 06:07:47 AM
 #66

Really this is very interesting. It is rare to find an entrepreneur who is good at seeing the opportunities for bitcoin holders that are currently increasing. This will be one of the excellent payment alternatives to attract potential clients . Makes it easy and doesn't require cash, just send and everything is OK.
It's not rare, they just don't tell anyone that they're an entrepreneur. Not to mention that OP's idea have been thought before by other people, it's just that it didn't take off plus there are a lot of established and better alternatives out there but who knows, this might be the million dollar idea that's going to eclipse the other site.
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September 03, 2021, 10:46:57 AM
 #67

if we pay with bitcoin, maybe for now I still can't do it, because there are borders in several countries, including my own country, my country still restricts bitcoin movement, so for now, I can't fully use bitcoin, but I really hope for the future, my country can accept bitcoin, and we can use bitcoin fully..
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September 03, 2021, 05:52:54 PM
 #68

It feels good to introduce yourself as Bitcoin.  You will be called by the name you like to do.  I talked about bitcoin.  Which includes complete freedom.  We have a lot of good wishes for you so that you can achieve your goals and your business can certainly run very well.  I am proud to work in Bitcoin.  Because as a result of this business I have become self-sufficient. I have even been able to do something for the country.  I am thinking of opening an online wall, where everyone can know about crypto. I will try to do something good if approved.
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September 03, 2021, 10:29:00 PM
 #69

Good step bro. This is what many people have been waiting for. With the many development of payment programs through applications or whatever, it is very much needed by someone who holds bitcoin. We will be made easy by that. One-touch transactions with no hassle at all. Hope the plan is successful.

This is true, Bitcoin holder is very much excited about the new development of Bitcoin. Transaction is very quick and easy.No need to go out just click the application. Thank you so much.

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Wiwo (OP)
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September 04, 2021, 09:56:38 AM
 #70

We are now looking for more advanced development on our payments system with a new upgrade underway in the coming weeks. Thanks for all the comments and suggestions.
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September 04, 2021, 04:02:10 PM
 #71

In this time there are many companies are using Bitcoin as a payment. Tesla use Bitcoin for permanent of vehicles, LOT polish airlines are using Bitcoin for payment for flights. In future, it will be source of payment for business.

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September 04, 2021, 04:21:17 PM
 #72

Good step bro!!!!!
Avoid posting like this. This is a thread about a platform that accept bitcoin as payment. This is only possible in countries where bitcoin is not banned. There may be people from other countries that still use bitcoin but in hiding or in secret as a way not to be put in jail because of it. Casinos have this one where they accept bitcoin so you can gamble and they also pay bitcoin for cash out or other cryptocurrencies.
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September 04, 2021, 11:20:16 PM
 #73

In this time there are many companies are using Bitcoin as a payment. Tesla use Bitcoin for permanent of vehicles, LOT polish airlines are using Bitcoin for payment for flights. In future, it will be source of payment for business.
it is a really big step for crypto when a lot of companies and industries accept bitcoin as a payment method, I think we all heard the news about Amazon probably would accept bitcoin, but it turned out to be fake news, but if they did and they only accepted bitcoin I won't use it to buy small price things, fees will take a lot from everyone, accepting other cryptocurrencies is the best way to go, but maybe bitcoin will be just the first step.

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September 04, 2021, 11:36:33 PM
 #74

In this time there are many companies are using Bitcoin as a payment. Tesla use Bitcoin for permanent of vehicles, LOT polish airlines are using Bitcoin for payment for flights. In future, it will be source of payment for business.
We're not yet certain that every industry will adopt bitcoin as a form of payment, it will be a good time though that bitcoin is going to be used by a lot of businesses but there's always the looming volatility that they have to worry about which isn't good for any business.
When LN is already official or havent any bugs then i could really say that it would really be good on having that integrated on common businesses or merchants but on the current state on where

it does still have that scability issues then this is one of the reasons on why it isnt really still globally considered or adopted yet by most companies or merchants out there because it is just normal

that they would really go after to be profitable and they dont really like on paying up fees or something like that and so as with volatility too.

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September 05, 2021, 02:09:12 AM
 #75

Sounds good, it's just that maybe you will add another effort/other steps related to Bitcoin characteristics and price fluctuations, you can get more profit if the price is in a high trend.
This endeavor will be more crowded in the future, this is indeed a new breakthrough in life, Bitcoin will be on its increasing popularity, hopefully Bitcoin continues to be in a more positive perspective.
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September 05, 2021, 03:26:48 AM
 #76

I developed a high interest in Bitcoin lately want to accept Bitcoin for my sales and servicing company, am already working with a programmer to develop software or an application that will aid my transactions using the Bitcoin lightning network.

As the saying goes, no man is an island of knowledge, so I shared my story to get suggestions from this noble forum.

It’s great to see individuals are getting more interested in Bitcoins and finally understanding it’s potential.
I am highly appreciating you for this wider decision.
Definitely this will expand your sales to more people as you are adding BTC as one of your payment info.
Moreover you can go with the lightening network software to integrate, else there is also many payment getaways present that accepts BTC in one of their payment method. So if possible you can add that too.
Hope this information helps you OP.

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Cling18
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September 05, 2021, 05:46:36 AM
 #77

This is a good move for your business. There are really lots of crypto users these days who prefer Bitcoin payment so it will surely benefit your business. More people will be interested in Bitcoin because of your initiative. That will be beneficial to Bitcoin and your business because we need more adoptions these days.
kotajikikox
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September 05, 2021, 06:26:07 AM
 #78

This is a good move for your business. There are really lots of crypto users these days who prefer Bitcoin payment so it will surely benefit your business. More people will be interested in Bitcoin because of your initiative. That will be beneficial to Bitcoin and your business because we need more adoptions these days.
i think it is more crypto users prefer Altcoin to use as payments than bitcoin mate because crypto users tend to keep hold of their bitcoin while wanna spend altcoin because of having lower transaction fee and also faster delivery .

But of course if i have to choose? i will gladly spend my bitcoin to help circulating than totally holding those fore volatility purposes .

OnlineCasinoBoard
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September 05, 2021, 02:02:56 PM
 #79

I developed a high interest in Bitcoin lately want to accept Bitcoin for my sales and servicing company, am already working with a programmer to develop software or an application that will aid my transactions using the Bitcoin lightning network.

As the saying goes, no man is an island of knowledge, so I shared my story to get suggestions from this noble forum.

Most of people who come to know about bitcoin will surely wish to do this same. Because bitcoin ruling the world economy for now. People with sound knowledge about crypto currency, surely inverse their money in bitcoin. And some had used to accepted the cryptocurrency as one mode of payment. I had seen in this forum like, one autorichaw guy had invested and started to accepted cryptocurrency as one mode of payment.
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September 06, 2021, 06:02:07 AM
 #80

Good breakthrough by OP to start accepting Bitcoin as payment, and i believe if it continued, you will be the one from few pioneer of the world who take great step to the future, congratulation!
I hope you willing to share your story with us here if you were success with your plan, i really wish that.
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