Post
Topic
Board Bitcoin Discussion
Re: Reason why businesses should accept Bitcoin payment
by
dimonstration
on 18/11/2021, 11:50:33 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.


I do understand if some businesses want to accept Bitcoin for their services or goods but what I don't understand is why some people now think that Fiat has unnecessary charges associated with it with regards to doing business. Before Bitcoin, Fiat has been the main means for a transaction and still is even now, and don't also forget that Bitcoin too, does have Fees for transactions. I just believe that whatever form is best for anyone/organization is what they should go with even if it's both.
The transactions being referred to is the time you will buy or cashin some bitcoin. Here in my country it was still not popular due to some users who expects no transactions fee when cashing in . There are fees or less amount they will get in btc when they buy and see it in their apps. They are not aware yet that those fees can be recovered once their crypto pump if only they will hold and trade. Some just see the negative side but didn’t bothers to tackle what benefits they can get more. So those who really know crypto should only accept btc and when ask by their customers they can explain it how it really works to convince them.