Quote from: Zilonglong.bucks on January 06, 2018, 09:37:52 PM

Quote from: NeoMA on January 06, 2018, 11:13:12 AM

Hi there,

first off - @admin, I´m not sure if this is the right forum category, so please shift if unadequate!

I wanted to know why big companies like Microsoft, Paypal, Overstock and now consulting firms (with PwC HKK) accept BTC as a payment method? Regarding the latter, it´s due to increasing cooperations with start-ups that operate with BTC as main payment, but regarding the others?
From my point of view, companies with sizes like the above mentioned (refering to cash flows and generated income) are normally risk averse and therefore it seems counter intuitive to me to accept BTC as a payment method due to its heavy volatility.
Moreover, not knowing how regulation might influence the outcome for BTC is another argument for not accepting it?!

This leaves me with only one (rather) simple solution, which is that they are convinced of BTC price rises (in the short-term at least), or even a bit more fare-fetched that they are convinced of BTC as "the new digital currency" or similar.
But that´s not plausible for me!

Does somebody know how much BTC Microsoft or the others generate with the exchange of fiat to BTC and vice-versa?

Can someone please help me out, it´s really grinding my gears Huh Huh

Thanks a lot Smiley

Well, to be honest, the reason why most of famous companies in world accepting btc simply because they already knows about bitcoin value, of they will invest to bitcoin, they will have higher value of money, the more bitcoin transactions that they have, they will hold it for good and invest money in long run.

Agree, they used to accept bitcoin for their business, big corporation can do holding bitcoin for long period of time of course they looking for more profit, they taking advantage for accepting bitcoin and they will be anonymous on that. Having huge capital will gives you better profit.