Post
Topic
Board Bitcoin Discussion
Re: Would you adopt Bitcoins flexibility?
by
Rockstarguy
on 01/09/2025, 12:12:31 UTC
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.