Post
Topic
Board Economics
Re: The Fate of Bitcoin !
by
pooya87
on 17/08/2016, 04:30:26 UTC
Knowing bitcoin is already getting its space over the wolrd, we dont know how long it will take to be accepted from big companies, merchants and countries, but this will happen.

More companies are already accepting it. The latest I read is from KimDotCom,to be launch on 2017. Bitcoin is becoming mainstream and as many company accepting or utilizing it, I am optimistic that the price will follow.
It can not be mainstream its always the best to be called it as the best alternative. like paypal.
We know more and more companies are accepting bitcoins right now but there some site still not like amazon..
I would personally rather have Bitcoin be called an alternative rather than a primary means of payment, and the mostly stems from the fact that too many people joining too quickly and demanding that more places accept Bitcoin would cause more laws and taxes to be imposed sooner rather than later. Something I don't want to happen.

well, no one likes restriction, taxes, and regulation but these things are good for adoption of bitcoin. you have to think long term and look at the bigger picture.
right now many companies and businesses, small or big are resisting to add bitcoin payment because it is not regulated and they find it a hassle but if it was regulated a lot more people and merchants will start trusting it and using it so a lot more demand will come because of it and the price will go to the moon.