Hey, awesome topic!
You've hit on some really key points there. The idea of no holidays, 24/7 payments, and practically zero fees for international stuff is huge for businesses. Traditional banking feels so slow and expensive sometimes, especially across borders. Bitcoin just cuts through all that red tape.
It feels like a no-brainer on paper, right? But I'm always curious about the real-world side. What do you guys think are the biggest hurdles for businesses actually adopting Bitcoin for daily payments, beyond just holding it? Is it the volatility, the accounting complexities, or maybe just getting customers to use it?
Still, the potential for businesses to totally change how they handle money with crypto is mind-blowing
Your question is very relevant to the reality we face today. Bitcoin does promise easy global transactions, but there are reasons why its adoption in businesses hasn't yet become widespread for everyday use. Price volatility is clearly a major obstacle—it's difficult for businesses to operate with cash flows whose value can change drastically within hours. Furthermore, crypto accounting and taxation remain challenging, as most current financial systems aren't fully compatible with the blockchain ecosystem. Furthermore, there's also the issue of consumer adoption. While more and more people hold Bitcoin, most prefer to hold it rather than spend it, considering it an investment. Nevertheless, with the development of technologies like the Lightning Network or the integration of stablecoins into business cashier systems, we can be optimistic that the future of crypto payments remains bright.