I have read more than five (5) posts on this forum where users celebrate accepting bitcoin as a payment option for their business. Outside of the forum, we have read news of
companies such as Microsoft, Home Depot, Twitch, Whole Foods, Gyft, Benfica accepting bitcoin as a payment. The question that has been on my mind for quite a long time is that-at what point do you think a business should start accepting bitcoin as a payment option, considering profit margin, price stability, and manipulation from exchanges?
Personally, I think as soon as the business started from its inception, they should provide all the possible and available payment options in order to maximize their profit.
The biggest advantage when you integrate cryptocurrencies to your payment options is its accessibility. With this, you are also promoting BTCs which would garner attention and potentially influence other businesses from doing the same method as well. Maybe what is stopping from huge conglomerates from integrating cryptocurrencies to their payment options is regulation with their respective governments.