Bitcoin in Business: Why don’t most Businesses Accept Digital Currency?

Bitcoin in Business: Why don’t most Businesses Accept Digital Currency?

Bitcoin is in a unique place right now, it has the ability to help businesses increase their revenue and decreases transaction fees paid for point-of-sale transactions. Many businesses have started to accept Bitcoin payments for goods and services, but many still don’t — despite the number of Bitcoin payment processing companies that allow businesses to convert Bitcoin to fiat currency instantly to avoid market fluctuations. So why do most businesses in the world still continue to operate without Bitcoin? There are many factors that determine if a firm will accept Bitcoin. The largest....


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Quotes

There are more people in the world who need a currency they can trust than there are people in the world who can trust their currency.

Wences Cesares (Xapo CEO)