Post
Topic
Board Bitcoin Discussion
Re: 25,000 German Online Stores in Germany to Begin Accepting Crypto in 2019
by
Upgrade00
on 12/10/2018, 08:58:29 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

you are talking about volatility but only talk about one side of it which is drop not the other side which is the rise. in other words there is a higher chance of making a lot of profit when accepting bitcoin as its price continues going upwards specially in the long term. for example someone who has been accepting bitcoin payment in the past year has made a ton of profit since in a year price has grown >600% not considering the ATH.

They are most times not enthusiasts' of bitcoin.
If they were most would have invested directly in bitcoin instead of selling commodities to own bitcoin. Possibly they are investors. But if I was a merchant, I wouldn't mix up my business and my passion. As much as we love bitcoin, it is not a shrewd business decision.
Ateast it is a possitive step and would help increase adoption and popularity, a small step in the right direction.