Post
Topic
Board Bitcoin Discussion
Re: Why isnt whatsapp, fb, snapchat, instagram or twitter adding btc?
by
Snorek
on 11/06/2016, 15:13:21 UTC
isnt btc ready for mainstream yet?
Most companies are wary about BTC because it is not regulated currency. In one country definition of 'what is bitcoin" can be diametrically opposed to definiton of another country.
For example in USA, IRS declared that bitcoin is 'property' and Japan calls it 'currency'. These inconsistencies, and lack of formal laws is the major deterrent to bitcoin adoption.