Post
Topic
Board Speculation
Re: The Volatility of BTC makes it hard for companies to accept it.
by
Zangelbert Bingledack
on 26/11/2013, 13:33:19 UTC
Right, so please tell me if im missing something blatantly obvious.

They'll accept it when it's no longer volatile. Now is the wealth preservation phase of Bitcoin.

Or in the meantime they can use Bitpay if they want to be an early innovator.

Some people will make purchases for the same reason that they sell: their portfolio is overweight in BTC. This will usually only be after they have accumulated enough BTC for their goals.