Post
Topic
Board Bitcoin Discussion
Re: Corporations and Bitcoin
by
serjent05
on 07/08/2016, 16:55:38 UTC
How do the big corps feel about bitcoin?  How will they feel about bitcoin?  We know they are intrigued by the underlying technology of bitcoin, the blockchain.  Please back up your claims.

Well most of them think it is just a fad from what we are seeing. No one really picked it up after the bitcoin bubble popped. But some do see the merits and benefits of blockchains for their internal use cases. But bitcoin itself remains an outsider and an "exotic" investment of sorts.
Reason for that is of course, they would have to consider the profitability of bitcoin in the future. If they feel as though they would, then they are sure to be investing in bitcoin.

Other than those advantages of bitcoin and blockchain applications, the force from their employees for their salary in bitcoin will make remarkable chances in their standing about bitcoins. I believe, most of corporations will adopt bitcoin with their own reasons similarly how individuals are doing right now.

Yeah the high volatility of bitcoin has something to do why big corporation are very hessitant to use it, Instead they can just issue a clone or fork of bitcoin and create a close economy where they can use it as payment for their employees.  I know someone  alreardy used this kind of strategy with fiat money.