Post
Topic
Board Bitcoin Discussion
Re: Is it good to accept crypto as a payment?
by
Agbe
on 27/02/2023, 17:47:05 UTC
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?
Accepting cryptocurrency (bitcoin) depends on the country and the environment which the business is operating. If the country government against bitcoin and you are publically accepting bitcoin, if the government agencies or enemy neighbours report you the agencies, you might be arrested. And if the area of the business is not favourable, that is the people that know bitcoin are few or none then you cannot accept bitcoin. In my locality since when I started my banking agent business and in billboard I stated clearly that I accept bitcoin and for almost two years now I have not seen one person came there to do bitcoin transaction. So all depend on the environment or the location.