Post
Topic
Board Nigeria (Naija)
Topic OP
Should a companies accept Bitcoin as a means of payment
by
Trilli7777
on 26/10/2024, 22:06:36 UTC
Let's put heads together and actually analyse this thread of mine I understand that if more and more companies are to accept Bitcoin as a means to pay for goods and services ots good for Bitcoin and Will have positive impact on Bitcoin but if we look at it from some other angles as a business owner I don't actually find it totally worth the risk because in as much as Bitcoin’s price is always going up.and it is considered a.form of investment the price is still very volatile and you have a business to run
If someone pays 1 btc for a goods you offer (I'm just making an example)
And let's say the cost of the  good is actually equivalent to.the price of.that Bitcoin what will happen when the price of Bitcoin is in a bearish trend won't he be in a lose for.that good or.will he just have to hold on to.the btc till the price goes up but if he does this he has a shop to.run and needs the money to get more goods
Abi na lie I talk
What is your take on this?