Quote from: bitcryptomojo on October 23, 2017, 08:41:27 PM

Quote from: cfsbrian on October 23, 2017, 04:05:18 PM

Let's face it, crypto-currency is gaining too much momentum to be considered a "fad"... With that in mind, the company that I work for is looking to be an innovator in our field and add Bitcoin as an acceptable payment method!

Our primary customers are in the commercial restaurant/commercial kitchen industry, but I am curious to see how individuals "in the know" feel about using Bitcoin or other crypto-currencies to pay for kitchen appliances. Our basic model is that all pricing would be in $USD and if refunds are required, the amount refunded would be in $USD or the market equivalent of Bitcoin on the day the refund is processed.

We would be the first company in our "space" to accept BTC and we will be watched under a microscope by our competitors. We want to ensure that we have all of our ducks in a row before launching this initiative, but we feel that accepting BTC will open up unexplored territory for our business. Our target audience will be forward thinking, early adopting entrepreneurs who are looking to strike while the BTC iron is glowing red-hot! According to http://bitcoinrestaurants.net/, more and more restaurants are accepting BTC so it only makes sense that they would prefer to spend BTC directly from their "wallet" to save to hassle of converting to $USD. Market research suggests that www.overstock.com accepts over 60 different types of crypto-currency which accounts for .2% (>$2 million) of their total revenue so this seems like a viable move for us.

Long story short, it isn't a matter of "if" we plan on accepting BTC, but a matter of "when". Please feel free to offer any thoughts, suggestions, comments, feedback, etc. that may help us usurp any potential future pain points. This is a very exciting time and I am anxious to see how you feel about this project and what your replies have to offer!

Thank you in advance for your time and responses!

if you want to take my advise then.
I may tell you if your boss is a investor minded the yes tell him to accept bitcoins as payments ,i mean long term investor.
But if your company needs day in and day out money from sales then no big no.
cause one fine morning you might wake up with that your bitcoins value is 3000usd means all your sales are in halfs ,yes in can happend within hours as it happend in past.so be carefull.

This is being looked at from a long term perspective with the risk of volatility being taken into consideration. It also being looked at from the "Holy cow - what if we had started this last year!" point of view as well. (BTC value January 2017 = approximately $1,000 USD.... October 2017 = approximately $6,000 USD)