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
There's so many reasons why big company joining this kind of business, number 1 like for example Microsoft; Microsoft is founder O.S which is Operating system right? almost all people the world using computer that's why Mr, Bill Gate was Number 1 Richest in the world because of that business. In that case why should i involve their business? that's because how can we mine of Bitcoin with out that O.S am I right? anyway even if there are some O.S or operating system spread out in a whole world but many of them are Microsoft.
Bitcoin is the future currency and every big firm wants to accepts it so that they can get revenue and sales from people who want to buy their product or services in bitcoins. I recently heard the news that Microsoft has stopped the Use of bitcoins. I wonder if that is a real news as it will not be a good news for bitcoin currency.