Post
Topic
Board Bitcoin Discussion
Re: Reason why businesses should accept Bitcoin payment
by
Lmaooo
on 06/12/2021, 23:24:57 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.

But this is also true it can give u stress in bearish moments. Both impact have to carryout in  business. But at the same time it is also a great method because of its security and easy process .and also save time .  I think everything is positive in adopting btc/crypto currency in business except maintenance of bearish time .

The possibilities of getting stress even you set your system to keep synchronizing with the current market, we don't know how the market will move in the following days, if you are a small time business owner this kind of volatility will affect you in terms of short-term impacts. But by doing your good research and capabilities in taking that risk, the chance of making good money is also possible.

It's just a matter of how good you are in dealing with your research. The more you engage your business to adopt, the more that you will enjoy the benefits.

But we also had flash crashes in the past that were so intense that no level of research in the world could have saved you from that. If you seamlessly convert that crypto into fiat I think it could be a good move to add that option to a customer's choices for payment. If we get to the point where we can pay with crypto in almost any country, it might turn out to be a comfortable option how people choose to carry their money with them and how to use it without having to go through expensive exchange transactions before.
The business should accept bitcoin because it is fast, secure, decentralized, and acceptable worldwide. As a business, when you start accepting bitcoin there is no third-party company such as PayPal or Stripe. It is between you and your customers, where customers can make transactions directly to you without the middle man. Bitcoin provides more privacy and freedom to both businesses and their customers.