Quote from: Nrcewker on Today at 04:24:02 AM

Quote from: coinremitter on February 22, 2023, 10:21:21 AM

I have seen a report today that in 2022 crypto payments showed an amazing rise. People are really accepting it and giving the value as they are giving to fiat payments.

Are you guys accepting crypto payments for your business?

Keeping multiple payment options is always a boom for any business. It will give you more reach and people who are using that payment method will eagerly use your service and business by paying through it. So implementing Bitcoins wont be any harm to be honest. But on the other hand, if you are the one who will be affected through inflation, then accepting Bitcoins wont be an ideal deal. Moreover you need to also install a payment processor for it, who accepts Bitcoins and hence it will manage it for your business by taking a small commission. So if you can do the above mentioned things and can adapt to it, then yes go for implementing Bitcoins.

It will all end with having an option to accept Bitcoin as a payment, but nobody is willing to use it. The logic for that is simple - if any currency's fiat unit equals 1 (1 fiat = 1 fiat), then people would avoid paying in Bitcoin, because first, they hold it as an investment, second they are afraid of overpaying in case exchange rate goes up. Trivial greet. I believe that each business is open for receiving any kind of payment. Payer can do arbitrage and pay in a foreign currency, save few %, but lose time.