Quote from: macson on September 04, 2025, 10:10:09 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?

Regulations prevent many businesses from accepting Bitcoin. Governments restrict merchants from accepting Bitcoin, encouraging people to use only paper money or e-wallets for their transactions.

This is why more businesses don't accept Bitcoin due to overly strict regulations, which restrict their ability to freely choose their payment options. If Bitcoin were allowed, I think many businesses would try to accept it.

I don't think regulation is the only limitation preventing businesses from accepting bitcoin. I think bitcoin's volatility and popularity are also limitations that make businesses hesitant to add bitcoin as a payment method for their business.
Bitcoin volatility can affect a business's revenue if they don't have a clear plan for how to use Bitcoin after receiving payment. Or what good is adding bitcoin to a business if people don't want to use it for payments? Like us, how many people are willing to spend bitcoin instead of fiat money in their daily lives?

Would you be willing to use bitcoin on a daily basis to pay bills if there were businesses in your area that accepted bitcoin? I would be skeptical of any bitcoin investor who says they are willing to do that every day when their goal is to get rich from bitcoin.