Quote from: BIT-BENDER on August 31, 2025, 06:45:15 PM

Quote from: CTO114 on August 31, 2025, 11:06:35 AM

As Entrepreneurs we get into various business transactions. And consideration must be considered. Having the characteristics of money especially paper money, what's stopping you from accepting Bitcoin for your business transactions?

I am not a business man in the sense that I don't have an online or offline store where I sell stuff but I am a business man on the sense that I sell my services to people via the skill I can offer and ofcourse I do accept Bitcoin as a medium of payment.
I think for even Crypto-currency enthusiasts out their the situation of adoption or Falling out with the government are the reason why they haven't openly made Bitcoin a means of payment for themselves.

The majority understand Bitcoin and know it is good for business, but the reason they haven't adopted Bitcoin as a method of payment is because the government hasn't declared acceptance of Bitcoin. Some business people may be accepting Bitcoin from a few individuals, but this is at a low level, and they wouldn't want to make it public.

So, it is because of the government that Bitcoin is not leading as a major payment option. It is difficult to adopt Bitcoin for payment in business because in places where Bitcoin is not fully adopted, the government sees it as a threat.