Post
Topic
Board Bitcoin Discussion
Re: Even now in 2017, why is bitcoin *still* not accepted as a major currency?
by
Tyrantt
on 20/03/2017, 07:12:30 UTC
Doesn't make any sense TBH. We should've seen it starting to replace conventional currencies by now.

The price of the bitcoin itself is one of the issues why businesses aren't accepting it just like that. Today he invests over 100k dollars into btc, tomorrow the price drops from 1200$ to 900$ and he has lost money, and no one likes loosing money. So, he'll keep it safe and not invest ito btc right now or not so much. I've talked to the few businesses about implementing bitcoin and one issue that all of them stated was the significant price drops and rises.