Re: Honda Now Accepts Bitcoin and Ethereum As Payment Methods
Under normal circumstances I wouldn't give much credence to the news that big companies would accept payments with cryptocurrencies because such news is usually shared by unreliable sources. However, when I checked this news I saw that the content was shared by Binance and I was very happy with it. Cryptocurrencies have now begun to be preferred by many big companies and this will expand the usage area and allow more people to access cryptocurrencies.
No, Honda has never been a car company I prefer because I don't like the interior and exterior design of most of it's cars. I definitely don't want to spend my current cryptocurrency savings on Honda cars especially by paying with cryptocurrency. Maybe this may vary for motorcycles.
Of course Ferrari
This news may, of course, affect the upward movement of prices in the cryptocurrency markets, but it will not have a serious impact unless it is clearly accepted as a payment method. When Bitcoin or other cryptocurrency options begin to appear on the payment screen, we can see a rapid upward movement in prices.
1) Will you be willing to spend your btc to buy car from Honda? Or any other automobile company that will follow the Honda's part?
No, Honda has never been a car company I prefer because I don't like the interior and exterior design of most of it's cars. I definitely don't want to spend my current cryptocurrency savings on Honda cars especially by paying with cryptocurrency. Maybe this may vary for motorcycles.
2) Which other automobile company would you want to also accept btc for payment?
Of course Ferrari
3) Is this news big enough to trigger market uptrend in the coming weeks, months?
This news may, of course, affect the upward movement of prices in the cryptocurrency markets, but it will not have a serious impact unless it is clearly accepted as a payment method. When Bitcoin or other cryptocurrency options begin to appear on the payment screen, we can see a rapid upward movement in prices.