Post
Topic
Board Bitcoin Discussion
Re: 25,000 German Online Stores in Germany to Begin Accepting Crypto in 2019
by
eternalgloom
on 12/10/2018, 08:35:42 UTC
It kind of sucks that people have to use payment processors to spend Bitcoin when that's exactly what it wants to prevent, but I suppose it's a good short-term measure. I just hope these existing options don't dissuade merchants from accepting Bitcoin directly in the future.

But yeah, I would be psyched about this if I were German.
I really doubt merchants will be enthusiastic about accepting bitcoins directly considering how volatile it is and also considering they are simply in business to make profits..

Accepting the bitcoin directly could propel them to incur losses as the price is definitely never stable

Some businesses would be more than happy to accept crypto directly I think.
Just look at Overstock, they've been consistently keeping part of their Bitcoin payments as Bitcoin. I can't remember how much exactly, maybe something like 10 or 20% (someone correct me on this).

Are there actually any Bitcoin payment processors that offer such a service for merchants? I mean having the option of retaining part of their payments in Bitcoin.