Ninjastic
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Re: Honda Now Accepts Bitcoin and Ethereum As Payment Methods
by
stomachgrowls
on 11/10/2023, 19:12:16 UTC
Quote from: LittleBitFunny on Today at 09:21:36 AM
Quote from: arwin100 on Today at 08:52:41 AM
Quote from: YUriy1991 on Today at 05:04:57 AM
Quote from: Bitstar_coin on October 02, 2023, 03:31:49 PM


With such an opportunity to spend btc to buy luxury cars-
*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?

*Which other automobile company would you want to also accept btc for payment?

*Is this news big enough to trigger market uptrend in the coming weeks, months?

Does Honda want to continue in Tesla's footsteps or is it only temporary, but what is certain is that this step should be appreciated because BTC is increasingly becoming a part of the business world where consumers can buy valuable goods such as cars and of course it is a driving force for other companies to participate so as to help improve public trust and interest in crypto and increasing its acceptance in the business sector.

Well, if somebody ned to buy a car using BTC now, that's definitely not the case, and to predict the trend, it could trigger an upward trend in the market in the next few weeks or months, I don't dare to speculate further.

Either temporary or long term adoption planned for this adoption to happen its still good since announcing to adopt bitcoin is already a great news to be heard. For sure there's a lot of people in business world read up this announcement created by Honda and adding bitcoin gives curiosity to them about possibilities to add this also in their company. But lets just see what will be the result of their adoption since if honda will generate a lot of sales also good result in terms of bitcoin volatility for sure this will be great in terms of good projection of bitcoin since it can somehow boost more its popularity.

People near them can now buy car without any conversion needed and they can directly use bitcoin or ethereum to make their transactions more faster.

Honda accepting bitcoin and some other cryptocurrencies as payment methods is good news for the crypto industry but what I'm thinking is will people use their crypto assets as payment methods? Because most people only like to use them as a means of investment, including us, very few consider them as a means of payment. That's what I'm doubting, even if businesses add bitcoin as payment method but most investors value privacy, will we use btc for payment?
Would really be having that normal approach towards things on which people wont really be that so easily will be making use of their crypto on buying out but just as said that no one would really be just simply making use of wasting up their coins on something that they could buy with fiat as much as possible which its true that majority of us would really be eyeing for the investment part or side of things rather than on carelessly making use of those coins for the sake on buying things but in overall, it is really just that good to see about these kind or type of news on which this do correlates about adoption and recognition on which this is something
that we do really need which we do really want for it to happen that lots of merchants would really be considering its existence.

Somehow having this kind of addition or integration of crypto payment is really that a good option  and does really give out some choices whether we do purchase honda cars using  fiat or our crypto directly.
It would be always falling down into someones preference on neither theyll be using their money or not or with crypto directly.