close the company or adapt

[sleepfirefly]

we know how much companies have been involving themselves with crypto despite opposite views from before a recent example is vanguard, an investment company in which expressed negative sentiment on bitcoin before only to offer bitcoin etfs now to around 50 million users

it makes me think of how many companies are being pressured now to open their businesses for crypto or else they will shut down because crypto has become a competitive edge among the industry and if you don’t adapt, you’ll be left behind

[hmbdofficial]

it makes me think of how many companies are being pressured now to open their businesses for crypto or else they will shut down because crypto has become a competitive edge among the industry and if you don’t adapt, you’ll be left behind

in as much as the the use of cryptocurrencies to run our daily activities is more reliable, fast and safer compared to fait currency it can not be mandated to any company to adapt. it is a thing of choice to run your business with either crypto or fait so i dont know where your are getting all this information from.

 it is your choice to run your transaction in either fait or crypto. but it is not new again that crypto transaction is already leading the way, and its either you join and benefit from it or be left out.     

[fikrett]

Nah, they won't close up, more like just use the opportunity to be more innovative / use new tools, and offer new services, that's all.

[Crypt0Gore]

False, no one is putting pressure on any business or companies to start accepting or using Bitcoin, this is a decision that can only be made by the business owners, Bitcoin is not centralised, you don't have to use it, you don't have to accept it as means of payment too, when it comes to Bitcoin everyone is free to choose.

Crypto have not become any competitive edge for any company, Gold is very comparable to Bitcoin and its been decades since Gold was detected, how many companies are got forced down because they don't have Gold? None, many companies survived without them ever investing in Gold as their reserve or anything.

Many companies and businesses will also survived without having Bitcoin, it is not a must.

[SuperBitMan]

If a company is not upgrading the company will fall, right now cryptocurrency is one of the things that are trending in the world right now and a lot of people are now engaging in it and using it for exchange and because of that some companies that are involved in buying and selling and now accepting cryptocurrency as a form of exchange for example if you go to some supermarket you will notice that some of them have started accepting Bitcoin as a form of exchange and this is he really helping them to gain more audience and also to sell more, those company that has supermarket and are not accepting Bitcoin they are not getting the sell that those that are accepting Bitcoin are getting.
Those companies that are not playing along with Bitcoin or other cryptocurrency may not actually close down but they may not get the audience that others that are accepting it may get.

[Mate2237]

At this point it's crystal clear to anyone who cares to listen especially in the business sector that Bitcoin is now one thing that distinguish two companies in the business sector. Because at this point how far a company can compete favorably with others is also affected by crypto currency. Because most companies now see crypto as a viable option either as payment means due to it fast and more reliable rate even across borders which will take traditional payments days to process.


In terms of investment alot of companies has come to the realization of the investment drives that Bitcoin holds that is why they have used millions of dollars in investing into. Am not surprised about companies who were initially skeptical about Bitcoin investing into Bitcoin. This is because Bitcoin has stayed the test of time and has gained the trust of many.

[Potato Chips]

I don't think these companies fear they could shut down. They can probably survive just fine especially those with an established foothold already in their respective industries.

But the kicker is most companies wants a slice of the pie, to grow their business into an even bigger one especially the big corpos—greed supercycle. They are constantly looking for opportunities, and it makes sense that we see a lot of interest from entities considering crypto market's growth plus future potential. I expect more heads turning in the future lol.

[Ndabagi01]

it makes me think of how many companies are being pressured now to open their businesses for crypto or else they will shut down because crypto has become a competitive edge among the industry and if you don’t adapt, you’ll be left behind

When a new technology is being invented, many dislike and not want to associate themselves with it because of the negative sentiments from big players who are to decide or just don’t want to be the first adopters. Many will want to observe before taking their first steps into deciding whether to take part or not. Bitcoin dominance has already proven to all how strong they can be and not on a debatable case like others. You don’t need to be told that a transitioning is happening in the financial sector, so when you don’t accept and work with it, you’ll be left behind and may lose all what you’ve managed to built because of yourself refusing to hop your technology too.

[treesintheforestooh]

I think we'll look back at these years/decades where there was very little in the way of actual options/alternatives to Government/State-issued and controlled money as laughably backwards and uncivilized.

Slowly, but surely, the world turns and changes. 

[alastantiger]

we know how much companies have been involving themselves with crypto despite opposite views from before a recent example is vanguard, an investment company in which expressed negative sentiment on bitcoin before only to offer bitcoin etfs now to around 50 million users

it makes me think of how many companies are being pressured now to open their businesses for crypto or else they will shut down because crypto has become a competitive edge among the industry and if you don’t adapt, you’ll be left behind

Alot of people criticise what they cant understand and when they do understand it, they just go all in. Alot of companies that once criticized crypto are now getting involved and of course its mostlt because the market has grown topo big to ignore.

When you have millions of cusotmers that want access to bitcoin or crypto products, as a business you eventually follow the demand, even if your opinions were negative in the past about it.

[Patikno]

we know how much companies have been involving themselves with crypto despite opposite views from before a recent example is vanguard, an investment company in which expressed negative sentiment on bitcoin before only to offer bitcoin etfs now to around 50 million users

it makes me think of how many companies are being pressured now to open their businesses for crypto or else they will shut down because crypto has become a competitive edge among the industry and if you don’t adapt, you’ll be left behind

A company won't close as long as it is still profitable, generally companies providing services or goods, and with strong market demand, allowing them to survive.

Various companies are adopting Bitcoin for various reasons, whether as a reserve asset like MicroStrategy has done, or as a medium of transaction like some other companies have implemented. Well, maybe companies that adopt Bitcoin as a reserve asset can utilize it, if their business is no longer profitable, providing them with back-up assets, and they can then use it for other profitable business strategies. So, I think some companies can still survive without involving their companies in crypto, but it seems that some companies that are closely related to finance will have to involve their companies in crypto, because I believe that in the next few years, crypto will truly become part of finance, or perhaps even inseparable from society.

[Hazink]

If you are really out to do business, you are not supposed to be narrow-minded. You should always be available to try new things, especially when your investors are also so very interested in it, it's not a call for only you to make.

There have been some businessmen who have gone against their beliefs just to make sure that their business gets to where they want it to go, and in an era where everyone wants to tap from a crypto company refusing to join will only end up pushing their customers and investors to where they can get what they want.

[rbynxx]

we know how much companies have been involving themselves with crypto despite opposite views from before a recent example is vanguard, an investment company in which expressed negative sentiment on bitcoin before only to offer bitcoin etfs now to around 50 million users

it makes me think of how many companies are being pressured now to open their businesses for crypto or else they will shut down because crypto has become a competitive edge among the industry and if you don’t adapt, you’ll be left behind

I don't think Vanguard was the right example since they aren't closing any day now. Well, it's probably a naive thing if they won't adapt to cryptocurrency when they know for a fact that it's revolutionary and a lot has already in the game. I think just few more years from now crypto will be talked anywhere else in the world and it's imminent

[Solosanz]

Lol.

Which authority/entity has a right to shutdown a company just because they don't want to accept crypto or Bitcoin? I haven't heard any of them, but it would be good if you can give one example.

Till this day, many companies mainly accepting cryptocurrencies are still getting pressured by authority/entity to have license or cooperate with them to have AML terms. Which mean it goes the opposite than what you said.

[ruykeri]

The issue is not all cryptos, it is only in the case of Bitcoin. Many big companies are showing interest in Bitcoin and many countries are even thinking of holding Bitcoin. Many countries have started. In the future, the popularity of Bitcoin will be much higher and when most people and organizations around the world use Bitcoin as a fundamental, then small companies will have to keep up with them, but they will have to accept Bitcoin. That is why we see many small companies, including various shops and restaurants, accepting Bitcoin. This is the positive side of Bitcoin in the future.

[Aanuoluwatofunmi]

it makes me think of how many companies are being pressured now to open their businesses for crypto or else they will shut down because crypto has become a competitive edge among the industry and if you don’t adapt, you’ll be left behind

For now, I don't think the heat or pressure is there that they must adopt for Bitcoin, instead under it as part of discovery already made by many of them, which they might have wrongly attacked bitcoin in the past a d not here they are within the same network they have once rejected, economy collapse and inflation alone are enough reasons that can make people flee away.

[Livingleged]

we know how much companies have been involving themselves with crypto despite opposite views from before a recent example is vanguard, an investment company in which expressed negative sentiment on bitcoin before only to offer bitcoin etfs now to around 50 million users

it makes me think of how many companies are being pressured now to open their businesses for crypto or else they will shut down because crypto has become a competitive edge among the industry and if you don’t adapt, you’ll be left behind

The use of words like this isn’t perfect to me, it is not a must to do what everyone is doing you knw the right and companies have there choice to do what dey won’t no body is closing any thing if you don’t want to adapt  to the crypto space. Then it’s your loss I guess. The fact that ist decentralised and you have full control over your assets can’t not be over emphasis.
Is so easy and and sweet that as a company the you just can do what you like with your funds without depending on a third party.

[Jewan420]

I don't think any company can be closed if they don't accept Bitcoin or any company is being pressured to accept Bitcoin. Bitcoin investment is an independent investment, no one will force you to invest or no one will harm you if you don't invest.

Bitcoin plays a very important role in keeping up with the modern era. Even if you once promote Bitcoin negatively, you can change your opinion at any time after realizing your mistake and immerse yourself in Bitcoin investment.

Companies are accumulating Bitcoin as capital to increase their business scope, in this process, their capital is increasing over time and they are getting more security and privacy than banks. Although capital growth is not the main goal of businesses, businessmen are leaning more towards Bitcoin for security and privacy.

[Die_empty]

it makes me think of how many companies are being pressured now to open their businesses for crypto or else they will shut down because crypto has become a competitive edge among the industry and if you don’t adapt, you’ll be left behind

Businesses can be forced to accept crypto if the country has made Bitcoin a legal tender. Refusal can attract sanctions, as in the case of El Salvador. Until the country relaxed its legal tender laws due to IMF pressure, refusal to accept Bitcoin was against the law.

Accepting crypto should not be forced on businesses because they might have genuine reasons for not adopting it. Making it an optional or alternative legal tender is ideal.     

[rat03gopoh]

Vanguard is a conservative company that has become large because of its ideology. Even without crypto adoption, they will have a significant portion of their investors, especially retirees. I believe this isn't an ideological revolution, but simply fulfilling the demands of some of their investors, who then assess the potential cash flow as too good to ignore.