With the increased interest in cryptocurrencies, there are growing possibilities of their application, namely payment of bills, short and long-term investments, purchase of goods / services, etc. To me, the last one is most rational above all.
So how do feel about that guys? Are phrases like an Iphone for X BTC are gonna become commonplace? Are there any prospects?
I don't think Iphone will do that. But for me, we should target large payments that are most used in a country. For example in China, Alipay and Wechat Pay dominates there. Imagine if they include btc there and a discount to customers who pay in btc then we can expect the price to shoot up to $50k.
Iphone itself wont really consider such thing but these things do really only exist by resellers where they would decide if they would accept BTC as a payment.
We do already seen it for years just like been said earlier by other posters but we wont really come into a point where these big companies will add up crypto as a payment specially with
BTC.
Volatility plus assurance on making stable profits will always been an issue for businesses like these.
I don't think Iphone will do that.
Iphone ? Do you mean apple company ?
but these things do really only exist by resellers where they would decide if they would accept BTC as a payment.
yes .so far i didnt see a main company that uses crypto as payment option . crypto is still kinda new and it needs more adoption & legality for companies to trust them.
Volatility plus assurance on making stable profits will always been an issue for businesses like these.
Volatility is not an issue because they can always adjust the pricing of their items . most resellers and buy & sell companies are now slowly growing and they all love using crypto as payment gateway .