Post
Topic
Board Economics
Re: When will more retailers accept Bitcoin
by
aardvark15
on 18/09/2017, 21:34:35 UTC
maybe next year or in 2019-2020 we will have a lot of sellers who accept payment by bitcoin, bitcoin is in the stage of slowly being famous around the world, lets just wait and everyone will notice it since the prediction next year with its value might rose up to 10k$ or even more.

No one knows, maybe the next year more countries will accept bitcoin on their retailers. To be honest it's hard to motivate retailers to accept bitcoin because the price of bitcoin that can easily decrease. The bitcoin price is fall right now, imagine if the retailers accept bitcoin, the price will always changed because of that.

For sure they will accept and I think now most of retailers accepting bitcoins. Its price is always changing but they will continue accept it because of how bitcoin price is in the future. I believe that this will be the top in the future.

I think it will be up to us as investors to promote Bitcoin to retailers. We should ask businesses if they accept Bitcoin as payment so they will consider doing so. The more customers that ask for it, the more likely they are to consider accepting it as payment. Since Bitcoin is not a business, there's really no one else to advocate for it so we have to be more proactive in order to help Bitcoin become a mainstream method of payment. It can work but we all need to make some effort to get the word out.