Would you adopt Bitcoins flexibility?

[CTO114]

As Entrepreneurs we get into various business transactions. And consideration must be considered. Having the characteristics of money especially paper money, what's stopping you from accepting Bitcoin for your business transactions?

[logfiles]

what's stopping you from accepting Bitcoin for your business transactions?

Let me speak for most according to my observations
1. Ignorance about Bitcoin
2. Demonization of Bitcoin by their Governments and Central banks. Some countries still deem Bitcoin as illegal.
3. Some of them feel or think that the process using or carrying out Bitcoin transactions is too technical for a layman
4. Yes we are in 2025 but some business lack the infrastructure to accept online payments. Shocking, innit?

[Dunamisx]

As Entrepreneurs we get into various business transactions. And consideration must be considered. Having the characteristics of money especially paper money, what's stopping you from accepting Bitcoin for your business transactions?

You can agree with me that not everyone understands how to make use of bitcoin, they can't just implement on what they have lesser idea about, instead they may have to wait and see how others would have gone far in using bitcoin for their businesses a d the results gotten before taking their own step forward in the same direction, but despite all, I still like the way we have been having improvements as the numbers increases with using bitcoin as payment currency from different businesses.

[Awaklara]

As Entrepreneurs we get into various business transactions. And consideration must be considered. Having the characteristics of money especially paper money, what's stopping you from accepting Bitcoin for your business transactions?

The main reason is that Bitcoin is still not accepted or legalized as an alternative means of payment. Some countries still prohibit Bitcoin, some do not have issues with owning Bitcoin, but do not allow its use as a means of payment.
If countries legalize the use of Bitcoin for transactions, I am sure that the number of people choosing to use Bitcoin over fiat for their businesses will increase, especially those who are constrained by distance and currency differences.

[famososMuertos]

As Entrepreneurs we get into various business transactions. And consideration must be considered. Having the characteristics of money especially paper money, what's stopping you from accepting Bitcoin for your business transactions?

I believe our opinions on accepting new technologies are often based more on our environment than on our own understanding. Let me explain: when you own any business, you must evaluate your legal and technological infrastructure, not just your personal desire to accept payments.

What would you do, for example, if you lived in Mexico and a client offered to pay you in Yuan? You wouldn't accept them. The same situation applies if you lived in Denmark.

The issue isn't always about the asset itself or the flexibility of individuals; it's about the technological and legal infrastructure of each country. In other words, you can't simply pay with gold or Yuan at a Walmart, precisely because those businesses don't have the systems to be flexible with my Yuan or British pounds.

[BIT-BENDER]

As Entrepreneurs we get into various business transactions. And consideration must be considered. Having the characteristics of money especially paper money, what's stopping you from accepting Bitcoin for your business transactions?

I am not a business man in the sense that I don't have an online or offline store where I sell stuff but I am a business man on the sense that I sell my services to people via the skill I can offer and ofcourse I do accept Bitcoin as a medium of payment.
I think for even Crypto-currency enthusiasts out their the situation of adoption or Falling out with the government are the reason why they haven't openly made Bitcoin a means of payment for themselves.

[Fivestar4everMVP]

As Entrepreneurs we get into various business transactions. And consideration must be considered. Having the characteristics of money especially paper money, what's stopping you from accepting Bitcoin for your business transactions?

For my business, I am and will always be very willing to accept payment for my goods and services in bitcoin but unfortunately, the number of persons who will be willing to spend their bitcoin on purchases are very low, I mean low to the nearest minimum, and this is possibly because the majority of those who hold bitcoin treat it as an investment, which ideally is very understandable if you ask me judging from how fast the price can change from time to time.

Personally, I also hold some bitcoins but the truth is that I still prefer to spend fiat when ever I want to buy something even from a store where I know they accept bitcoin, alot of times I still prefer to exchange some bitcoins to fiat and buy with the fiat whatever I want to buy instead of spending the bitcoin directly, this is perhaps because fiat is faster for local transactions since we don't have to wait for transaction confirmation on any blockchain, but when it comes to international transaction where money has to be sent to another country, bitcoin is definitely the most preferred for me.

[Agbe]

what's stopping you from accepting Bitcoin for your business transactions?

Let me speak for most according to my observations
1. Ignorance about Bitcoin
2. Demonization of Bitcoin by their Governments and Central banks. Some countries still deem Bitcoin as illegal.
3. Some of them feel or think that the process using or carrying out Bitcoin transactions is too technical for a layman
4. Yes we are in 2025 but some business lack the infrastructure to accept online payments. Shocking, innit?

What is stopping most people especially the business class from accepting Bitcoin for their business transactions is due to themselves because this has to do with personal enlightenement and growth which is greatly affected by your level of exposure just as you have said in this 2025 there are still business that don't have online payments channels for their business, so in such cases you don't expect such people to do business with Bitcoin or even make payments or accept payments via Bitcoin

[Obim34]

As Entrepreneurs we get into various business transactions. And consideration must be considered. Having the characteristics of money especially paper money, what's stopping you from accepting Bitcoin for your business transactions?

First and foremost it is about the kind of market you are selling and kind of patronizes you deal with.

If you are dealing with local patronizes, including Bitcoin in payment options is useless, the only way Bitcoin can be used is dealing with a more civilized kind of patronizes, more on international trades which i consider the best people Bitcoin payment option should be directed towards.

[Iamgoat]

As Entrepreneurs we get into various business transactions. And consideration must be considered. Having the characteristics of money especially paper money, what's stopping you from accepting Bitcoin for your business transactions?

It all depends on the situation. I won't deny working with anyone who wishes to pay me in Bitcoin whatsoever. Campaigns here do a lot of such things already. If you're in this forum and belong to any of the signature campaigns, you will understand me better. I think the first time I ever got the opportunity to receive payments in bitcoin was when I came to this forum and I will say it is one of the rare opportunities for me. What I'm saying in essence is, whenever an opportunity provides himself for you to be payed in bitcoin you should not or will not say no to it

[shinratensei_]

As Entrepreneurs we get into various business transactions. And consideration must be considered. Having the characteristics of money especially paper money, what's stopping you from accepting Bitcoin for your business transactions?

Biggest hurdle is regulation, as always.
Don't wanna do overcomplicated taxes report because it can add up to the expenses, there should be middlemen for this kind of thing that offers solution to a problem but so far there's none.

If in the future there's chance for me to bootstrap a business, I hope I can accept bitcoin while waiting for the governments to simplify the regulation and make things very clear.

[TheUltraElite]

Public acceptance of bitcoin is low and we lack the equipment necessary to make quick bitcoin payments, POS machines and apps to simplify the process. But I can foresee a future where this will become robust and functional.

Also governments are making the negaruve stance on bitcoin from dark even though it has improved by now.

Regulations and taxation come after that.

[Swordsoffreedom]

If countries legalize the use of Bitcoin for transactions, I am sure that the number of people choosing to use Bitcoin over fiat for their businesses will increase, especially those who are constrained by distance and currency differences.

It is true that the government is one of the barriers that prevents businesses from accepting bitcoin and prevents people from using bitcoin as a payment method. But it is also uncertain that if the government legalizes the use of bitcoin as a payment method, people will increasingly use it instead of fiat.

Like in El Salvador, bitcoin was even legal tender many years ago. But according to many reports, people there do not like to use bitcoin as a currency and for their daily payments, they still prefer to use USD.
That shows that governments are not the biggest barrier preventing bitcoin from becoming a popular payment method.

[Eternad]

what's stopping you from accepting Bitcoin for your business transactions?

Let me speak for most according to my observations
~
2. Demonization of Bitcoin by their Governments and Central banks. Some countries still deem Bitcoin as illegal.
~

This is also the reason that I can see why there is lack of interest of bitcoin adoption in my country. There is the stigma among the people here that bitcoin is used by criminals.

It's discouraging to use bitcoin in public if that is how people view the cryptocurrency.

[BitGoba]

As Entrepreneurs we get into various business transactions. And consideration must be considered. Having the characteristics of money especially paper money, what's stopping you from accepting Bitcoin for your business transactions?

Most people don’t understand that Bitcoin is money , digital cash. They think it’s unstable and volatile, and that it’s only for speculation. buy low, sell high. Many believe it’s just a payment network, blockchain, crypto, or even a stock. They completely miss the point that Bitcoin is a monetary system and money. Most people don’t even understand inflation or how fiat currencies work, so they assume fiat is stable while Bitcoin is unstable.That volatility of Bitcoin’s price against fiat currencies discourages and scares many. But once you go deeper down the rabbit hole, you realize that Bitcoin is actually a much more stable form of money than fiat currencies, which are inherently insecure, volatile, inflationary, and constantly losing value.

It will take quite some time for people to realize that Bitcoin grows long-term against the dollar and other fiat currencies, and that it will not collapse. Once people understand that Bitcoin is a reliable store of value, they will want to use it as a medium of exchange. Every form of money must first prove itself as a store of value, only then can it become a medium of exchange, and finally a unit of account.

[betswift]

what's stopping you from accepting Bitcoin for your business transactions?

Let me speak for most according to my observations
~
2. Demonization of Bitcoin by their Governments and Central banks. Some countries still deem Bitcoin as illegal.
~

This is also the reason that I can see why there is lack of interest of bitcoin adoption in my country. There is the stigma among the people here that bitcoin is used by criminals.

It's discouraging to use bitcoin in public if that is how people view the cryptocurrency.

That's just strange, imo, I mean, this stigma - fiat is used all the time for that, yet it is still being used by many and is not punished for doing so.

[Fiatless]

As Entrepreneurs we get into various business transactions. And consideration must be considered. Having the characteristics of money especially paper money, what's stopping you from accepting Bitcoin for your business transactions?

Businesses would have to carry out periodic investigations to ascertain the needs of customers. If an entrepreneur discovers that some of his clients want a payment alternative like using crypto, then such provisions should be made. Bitcoin awareness and use are very low in my location, therefore, there is no need to consider Bitcoin as an option for financial transactions. Maybe in the future the situation might change.     

[john_egbert]

As Entrepreneurs we get into various business transactions. And consideration must be considered. Having the characteristics of money especially paper money, what's stopping you from accepting Bitcoin for your business transactions?

Businesses would have to carry out periodic investigations to ascertain the needs of customers. If an entrepreneur discovers that some of his clients want a payment alternative like using crypto, then such provisions should be made. Bitcoin awareness and use are very low in my location, therefore, there is no need to consider Bitcoin as an option for financial transactions. Maybe in the future the situation might change.     

When more people would know where the future lies - most likely, they would look at BTC differently.

Many locations out there don't see BTC for it is, the best alternative there is for fiat and something whose value is going to stay there, and I do hope this will change little by little..

[Despairo]

If the requirement and regulation are hard to met, I won't accept Bitcoin.

We're talking about business, something that we build with profit as our orientation. If it's not bring a worthy money with the effort we spent, better to stop it. That's why many businessmen choose to end their business if the reward aren't worth with the effort they spent.

Bitcoin is a good payment option if the business is primary online and world wide users.

[Patikno]

As Entrepreneurs we get into various business transactions. And consideration must be considered. Having the characteristics of money especially paper money, what's stopping you from accepting Bitcoin for your business transactions?

The main factor from hinders accepting Bitcoin for business transactions is local government regulations, because I believe that in any country we come from, there must be some kind of regulation for a business or company, and one of the problems is related to permission to use Bitcoin as a legal means of payment, if someone tries to force themselves to do so, then there is a possibility that they will be subject to certain sanctions (this is the case in my country). Personally, I am one of the many people who have a business in my country, and the thing I mentioned is the problem, and as far as I know no one has dared to accept Bitcoin for business here (because of the potential sanctions), even though there are so many people who are already familiar with Bitcoin, but everything is hampered as long as Bitcoin has not become a legal tender.