Post
Topic
Board Bitcoin Discussion
Re: Reason why businesses should accept Bitcoin payment
by
qwertyup23
on 07/11/2021, 22:51:09 UTC
I totally agree with this, accepting Bitcoin in buisnesses today should be one of the biggest things that'll happen in the economy, it saves you so much stress and unnecessary charges that would have been made using FIAT.


Would it be possible if you could please elaborate on how it could save you stress and unnecessary charges?

As far as I know, every transaction involving BTC has a transaction fee that costs north of $6-$10 depending on the price of it on the market. In addition, transacting via fiat is convenient due to its simplicity and straightforward use. The problem with transacting with BTC is the eligibility and legality of it on a country. If the government prohibits the transacting of such, then you are compelled to use a mixer in order to avoid getting tracked.

While this may be true, BTC should be made available as an option to most businesses as a form of payment. The possibilities are endless and it would bring more exposure to BTC and about its current use.