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?
Most people don’t understand that Bitcoin is money , digital cash. They think it’s unstable and volatile, and that it’s only for speculation. buy low, sell high. Many believe it’s just a payment network, blockchain, crypto, or even a stock. They completely miss the point that Bitcoin is a monetary system and money. Most people don’t even understand inflation or how fiat currencies work, so they assume fiat is stable while Bitcoin is unstable.That volatility of Bitcoin’s price against fiat currencies discourages and scares many. But once you go deeper down the rabbit hole, you realize that Bitcoin is actually a much more stable form of money than fiat currencies, which are inherently insecure, volatile, inflationary, and constantly losing value.
It will take quite some time for people to realize that Bitcoin grows long-term against the dollar and other fiat currencies, and that it will not collapse. Once people understand that Bitcoin is a reliable store of value, they will want to use it as a medium of exchange. Every form of money must first prove itself as a store of value, only then can it become a medium of exchange, and finally a unit of account.