Post
Topic
Board Bitcoin Discussion
Re: Reason why businesses should accept Bitcoin payment
by
jostorres
on 07/11/2021, 19:08:15 UTC
Haven't spent some hours thinking about the advantage that is associated with Bitcoin in company ecosystems, new start-ups that are located in crypto-friendly countries are now diving into Bitcoin as payment against the regular faint traditional currencies, after administering questionnaires to some of the business CEOs stated the reason to be the anonymous nature and its intrinsic value. That is to say, Bitcoin is a business within a business because of its decentralized nature and volatile market.
So the company gain in two ways for accepting bitcoin for payments and if the price of bitcoin goes upward interest are generated also.
That’s true, companies that are accepting cryptocurrency’s payments are also making an investment, because when they accept cryptocurrency to their wallets as time goes on the asset continues to increase in value, which means more income for the company. An example of this is Tesla, we can remember that  they invested in Bitcoin earlier and after some time,when the price of Bitcoin increased in value they were able to make lots of profits from the investment they have made.

And it doesn’t only benefit just the company, it will also benefit the employees who are receiving their payments as cryptocurrency,'cause that as well is going to mean more profit for them as time goes on. So, the idea of companies accepting crypto is really good and should be accepted.