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If you have business, will you accept bitcoin?


wilbur

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Posted

If I had my own business I think I would accept bitcoin as payment .  I think it's better if you do you may have more  people that would like to come to your company if you did accept it.

Posted

MOst definitley would! The fact that bitcoin is none chargebackable is very attractive and ideal! Getting paid with no worries about future dishonest people, and it would make recieving money actually feel like recieving money!

Posted

The rapid fluctuations in price make holding BTC for a business risky as it can end up costing you more as fast as it could net you more profits. If I owned a business, I would focus on more stable cryptos, suitably ones that were pegged to a real-life asset. The anxiety that would come with having to constantly monitor BTC prices would really get to me in the end. XD

Posted

I just might but with the price volatility it can be rather hard to actually sustain so it is actually impressive the risks that cryptocurrency sites are running on.

Posted

Because of  its volatility maybe I wont accept bitcoin for my own bussiness for now. Maybe when its price is stabil then I dont mind use bitcoin.

For now I prefer local currency

Posted

If I have a business, accepting bitcoin will be an option, but fiat money still will be preferable.

If government institute comes with a check-up to me, and cryptocurrency is not fully accepted in our country, then I will not be able to explain why I have accepted bitcoin as a payment. 100% I will receive a fine for that. Besides, If I receive payment in Bitcoin, I have to pay income tax. How can I pay it and how much, when cryptocurrency is not fully regulated ?

Posted

hello friends its good question ,if some one ask me then my ans is yes,due to last few months its stable and rise slowly,so not to worried for big losses but there is a chance to jumped to highest pick within a sudden may be.

Posted

would depend if it’s an online based business or local.. also depends on what it would cost to accept cryptos.. if it’s online then most likely since you can reach a bigger audience/customers.. where if it was only local, may not even be worth it, will have to conduct a lot of research beforehand to find out if there’s enough local people close by that actually knows and uses crypto’s.. but if you’re talking about maybe down the road.. in the distant future when crypto would be global, then yes.. cause we would not have a choice when crypto’s are the only currencies then.... xD 

Posted
On 2/20/2019 at 11:56 PM, wilbur said:

My dream is to have my own business even before i met bitcoin. But right now, i like bitcoin too. If you have a business will you accept bitcoin as a mode of payment to your service or product? Why or why not?

why wait until you have a businiess... i know its a dream you say is yours.... but why not try to make it a point to let all your buddies know you take bitcoin if they ever boro or need to split a bill with you or smtin... or if you ever go to a market and its a mom and pop owned place, ask if they take btc.... tu may be surprised..

i havea  few freidns in rl that we do that thing... i may boro money and pay back in btc.. or if he buys me a beer and i dont have cash i pay in btc to him lol

  • 10 months later...
Posted

If i have own business then i am use Bitcoin as a salary for my employer.I think this currency is very important for our life.We can earn also more money with this.

Posted

I think I will also use bitcoin as a means of payment if I have a business.  going forward crypto has bright prospects, but stable coins can also be a good payment option.

Posted

ofcourse i would like to do my business in bitcoin, and why not when world is becoming more digital day by day, and also bitcoin and other cryptos are future currency then its better if we convert our business in bitcoin, it will be beneficial for us in future.

Posted

Hello, In my opinion, of course, I want to do business with Bitcoin, and why when world day is getting more digital, and Bitcoin and other cryptos are the currency of the future, but even better if we convert our business into bitcoin, it's for us.  It will be beneficial in the future

Posted

Yes i will accept bitcoin in my business because of it benefit.. I like to use it and give this to my worker and they can easily use this so i will make a btc atm too.  Hope you understand

Posted

I would. I mean you can take advantage of the volatility of the value of crypto currencies and organize your prizing accordingly. It would be great, but I dont think that a lot of people will pay in crypto in our country. They would prefer buying with fiat and holding their cryptos haha Knowing this people, that is what they would do.

Posted

I would most definitely accept bitcoin/crypto from customers. I would encourage it! It's quite a shame how un-well known bitcoin is.

Posted
On 2/21/2019 at 12:56 PM, wilbur said:

My dream is to have my own business even before i met bitcoin. But right now, i like bitcoin too. If you have a business will you accept bitcoin as a mode of payment to your service or product? Why or why not?

If you have money then you easily start your business and you accept Btc as a payment.so many now online sites accept Btc as payment.i also use Btc for online shopping.

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