Post
Topic
Board Bitcoin Discussion
Re: Reason why businesses should accept Bitcoin payment
by
savetheFORUM
on 20/11/2021, 21:18:37 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.
Accepting bitcoin in any business would be a pretty good idea, but any businesses that are doing such should be clearly aware that it is also a risk to their business in some way. Because if it’s a business that would require constant funds, then it’s good to always plan carefully and maybe not keep too much of the business in bitcoin if they would still end up needing it anytime soon.

The only part of the business money that should be kept as BTC are the funds that the company will not be needing in a long term. That way, if the price of BTC in the market should go down, it wouldn’t affect the market that much and they would be gaining from it when the market goes up after a long term.