Post
Topic
Board Economics
Re: Why do big corporations accept BTC?
by
Marrionbitcoin
on 24/04/2018, 06:03:32 UTC
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


Big corporations accepts Bitcoin because Bitcoin is another mode of payment and world wide accepted by stores and online store. Bitcoin is also good as cash and it is very easy to pay thru fund transfer and that is hassle free and free of charge. Bitcoin is a really game changer that can improve our living and make our live better and easier. This is our future so we better to cope up with so that we will keep ourself updated in this era of fast growing technology.