Reason why businesses should accept Bitcoin payment

[haasanjui]

As you know it is modern world and new currency is introduced called crypto currency. Which got too much success in this time and many companies use Crypto Currency as payment asset like tesla,  axa insurance and many others. And businessman should accept bitcoin for improve payment method and for future survive.

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[riskarcher]

For some reason it is not appropriate for Bitcoin to function as a B2C (Business to Customer) which is a business to provide services or sales of goods or services to individual or group consumers directly. Different with B2B (Business to Business), this type of business deals directly with consumers, not companies or other businesses. By using B2B payment of bitcoin transactions will function properly because the customer agrees with the terms of the bitcoin value, this business model is the right one for payment because the value of Bitcoin is unstable and it is decentralized

[geegaw]

Accepting Bitcoin as payment in a business is a good thing, though we have to remember there are two sides which are bullish and bearish. Maybe some businesses are afraid if they'll accept BTC as payment then it drops, but others have taken a risk to accept it and until now they've already made a profit because the price is not bad.

When you accepted bitcoin as a payment in your business, you beginning to feel positive things in your business as never before in your environment. Despite many investors are afraid of market bearish than bullish, it will be better for the investors to understand that when the market is bearish show that profit making is approaching in the market. Now that the price of bitcoin is still reducing in the market which no one know when the price will increase  to $60k before people will start making profits as usual.

Acceptance sounds very classy and has the class of a technologically advanced business but to think about the positive things in this acceptance is probably just a plus point in appearance and contributes to brightening the view of the business in the hearts of many people. The reason for this thinking is because currently, the number of businesses paying with bitcoin after pooling is probably only a few percent, the internals of these companies are also mostly cash, instead of bitcoin, customers and partners are no exception, businesses are very unlikely to be selfish and maintain bitcoin in their environment.

[RILWAN]

Bitcoin best serve as a payment system and a scalable tools that most business will adopt bitcoin because it give a trance border transactions. Business that adopt bitcoin will have a hedge over those who are not accepting.

[Shagnasty]

In my opinion, If only a small portion of your business is crypto then volatility affects you very little, and it would be good for you to learn the ropes and get stuff set up so you can grow with the userbase of crypto. If your product or service is something that crypto people like a lot you can get more revenue and sales.

[Hypnosis00]

Accepting Bitcoin as payment in a business is a good thing, though we have to remember there are two sides which are bullish and bearish. Maybe some businesses are afraid if they'll accept BTC as payment then it drops, but others have taken a risk to accept it and until now they've already made a profit because the price is not bad.

When you accepted bitcoin as a payment in your business, you beginning to feel positive things in your business as never before in your environment. Despite many investors are afraid of market bearish than bullish, it will be better for the investors to understand that when the market is bearish show that profit making is approaching in the market. Now that the price of bitcoin is still reducing in the market which no one know when the price will increase  to $60k before people will start making profits as usual.

Acceptance sounds very classy and has the class of a technologically advanced business but to think about the positive things in this acceptance is probably just a plus point in appearance and contributes to brightening the view of the business in the hearts of many people. The reason for this thinking is because currently, the number of businesses paying with bitcoin after pooling is probably only a few percent, the internals of these companies are also mostly cash, instead of bitcoin, customers and partners are no exception, businesses are very unlikely to be selfish and maintain bitcoin in their environment.

They are afraid to lose their money if the crash trikes and technically difference when you are using fiat money. Plus, the prone to hacking made them worry that one day they are a victim to hackers, can't neglect that especially when you hold a huge amount of Bitcoin.
I/we can push them to adopt the system and the community isn't ready enough as well. It can happen in the future and possibly will not. That I could say Bitcoin is just an option, not everyone will make use of this nor all the establishments will offer such payment option.

[dataispower]

As you know it is modern world and new currency is introduced called crypto currency. Which got too much success in this time and many companies use Crypto Currency as payment asset like tesla,  axa insurance and many others. And businessman should accept bitcoin for improve payment method and for future survive.

Companies will like to make payment with cryptocurrency because they have seen the rotational value and long life spam of cryptocurrencies. This world is full of mimic and nobody will like not to be in queue of progress. it seems that bitcoin now is known world wide and entrepreneurs will like to embrace it by using it for importation and exportation bills of transactions as exchange, because no company that does not welcomed bitcoin as a means of exchange now.

[Momoamzad]

Bitcoin acceptance in business will make thing so easy . It will save time . It will be so helpful for anyone even buyer or seller . Can make profit by its up n down position.. Many companies like Tesla is accepting cryptocurrency. And I think in future crypto will accept in all over the world instead of paper money . No tension of steal money and it will increase in amount if market goes up. So there are huge benefits of acceptance btc  in and business.

[savetheFORUM]

Haven't spent some hours thinking about the advantage that is associated with Bitcoin in company ecosystems, new start-ups that are located in crypto-friendly countries are now diving into Bitcoin as payment against the regular faint traditional currencies, after administering questionnaires to some of the business CEOs stated the reason to be the anonymous nature and its intrinsic value. That is to say, Bitcoin is a business within a business because of its decentralized nature and volatile market.

Accepting bitcoin in any business would be a pretty good idea, but any businesses that are doing such should be clearly aware that it is also a risk to their business in some way. Because if it’s a business that would require constant funds, then it’s good to always plan carefully and maybe not keep too much of the business in bitcoin if they would still end up needing it anytime soon.

The only part of the business money that should be kept as BTC are the funds that the company will not be needing in a long term. That way, if the price of BTC in the market should go down, it wouldn’t affect the market that much and they would be gaining from it when the market goes up after a long term.

[wissy]

I would love to see more companies to accept BTC payment but the reality is, quite few of smaller businesses are too cheap to even accept cards because of small fee they have to pay, I cant imagine how they would chose for BTC where fees are much bigger. For now im fine to exchange my crypto to fiat and pay with Binance or Crypto visa card.

[lelahenderson]

As far as it is about convenience, I think bitcoins are easier for transactions in comparison to fiat currency. Businesses can definitely keep it as a mode of payment along with other modes to let people decide how they wish to proceed.

[Issa56]

I believe business owners accepting bitcoin is just a choice depending on the perspective they see it, but I believe it will be very nice if business owners accept bitcoin as payment method I believe lot's of people are scared of bitcoin because of the volatility but I still believe bitcoin should be accepted world with which will replace fiat currency as payment method.

[sherenikaw]

in some big companies have implemented it but to implement it in all companies may be difficult even though the country is a country that can accept bitcoin. I mean not everyone can manage and receive bitcoins well and prefer to be paid as usual. but it's a good idea where companies that implement payments with bitcoin means they are ready individually too to be able to accept it. especially now the development of bitcoin is also getting better so I think it will be very profitable if you can handle it well.

[Ebede]

As you know it is modern world and new currency is introduced called crypto currency. Which got too much success in this time and many companies use Crypto Currency as payment asset like tesla,  axa insurance and many others. And businessman should accept bitcoin for improve payment method and for future survive.

They are accepting bitcoin as means of contact exchange but like salary payment of workers or participants they are not using it for payment because is not every worker that will agree to receive payment with bitcoin or any online currency depends the country you came from,but people who are civilize of digital currency can agree for it.

[OrangeII]

This is the Era of science and technology. There is a trend of modernism and advanceism everywhere. Today, people are ready to accept new ideas and new things. They are eager to participate and want to learn new technology-based things. Crypto is one of the same. Many companies and businesses are accepting payment in bitcoin, Some are making atmosphere to do so. In Future the as the scope and field of Bitcoin will spread more quickly. There will be no problem in receiving and paying payments in bitcoin.

well, actually, to accept bitcoin in any business there is a very simple reason, namely to reach a wider range of users. we know that crypto users, especially bitcoin, are currently scattered and growing all over the world. it is evident from its increasing adoption rate and very high price. by accepting bitcoin as an alternative payment on the internet in a business, it means inviting bitcoin or crypto users to become one of their consumers. well, at this time, business development also needs to adapt to technological developments to reach a wider market.

[NelfiNovita]

The main goal is to promote Bitcoin to the world so that people on earth make transactions with bitcoin.
Activities like this will encourage and motivate investors to buy Bitcoin, in my opinion this is the door to the crypto world that will be opened wide so that all mankind uses Bitcoin as a legal tender.
All large companies and small companies will get greater profits than they use fiat money as a means of payment, crypto currencies such as Bitcoin will provide huge profits for companies when the price rises.

[CryptoBuds]

Haven't spent some hours thinking about the advantage that is associated with Bitcoin in company ecosystems, new start-ups that are located in crypto-friendly countries are now diving into Bitcoin as payment against the regular faint traditional currencies, after administering questionnaires to some of the business CEOs stated the reason to be the anonymous nature and its intrinsic value. That is to say, Bitcoin is a business within a business because of its decentralized nature and volatile market.

Accepting bitcoin in any business would be a pretty good idea, but any businesses that are doing such should be clearly aware that it is also a risk to their business in some way. Because if it’s a business that would require constant funds, then it’s good to always plan carefully and maybe not keep too much of the business in bitcoin if they would still end up needing it anytime soon.
The only part of the business money that should be kept as BTC are the funds that the company will not be needing in a long term. That way, if the price of BTC in the market should go down, it wouldn’t affect the market that much and they would be gaining from it when the market goes up after a long term.

^ He didn't say to invest all business money in Bitcoin. He just said Accepting Bitcoin to pay the servant or using bitcoin to make any business-related transactions. The only issue is here Bitcoin's volatility, nothing else. Bitcoin is too much volatile to make huge business-related transactions. It could happen they set a pegged price 1 hour before making the payment. but after the payment, the price could be fallen instantly, it is really a big issue for the servants who need money instantly.

[ropyu1978]

Of course, everyone wants payment in cash in an investment or as a transaction because cash can be said to have been used among the public.but for miners. payments through digital currency are also appropriate for cash, which we can do transactions in various forms.so for me it is not affected whether it is through payment in cash or digitally or payments using digital currency in bitcoin such as transactions in something we want to do

[Fredomago]

Of course, everyone wants payment in cash in an investment or as a transaction because cash can be said to have been used among the public.

How i wish you understand even at least the Title , and that is Why People is accepting bitcoin in their businesses .

but for miners. payments through digital currency are also appropriate for cash, which we can do transactions in various forms.

Again , hope you understand the thread completely , Miners that will demand cash? from where did you get this idea?

so for me it is not affected whether it is through payment in cash or digitally or payments using digital currency in bitcoin such as transactions in something we want to do

Please refrain from posting in thread that you don't even understand.

[CDC AP]

The business owners will get the most benefits of accepting BTC,when they start using it to purchase goods and services from other businesses.Bitcoin should become a business-to-business currency,also known as B2B.Getting adopted by B2C companies (or business-to-customer) is also great,but the companies will eventually have to convert the BTC into fiat,which kinda makes the whole BTC adoption process pointless.