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Author Topic: Expectations and reality: economic benefits of Bitcoin  (Read 345 times)

secco

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  • Expectations and reality: economic benefits of Bitcoin
    « on: April 17, 2019, 11:14:27 AM »
    Bitcoin Garden | Expectations and reality: economic benefits of Bitcoin
    https://bitcoingarden.org/expectations-and-reality-economic-benefits-of-bitcoin/

    While most of the talk about Bitcoin in recent years has been about the fluctuation in its value, making fortunes for early adopters at its peak before falling back in price, theres been a quiet revolution in  cryptocurrency use in everyday business sectors.

    The retail sector has slowly begun to accept Bitcoin as an alternative to traditional currency payments. In Japan, for example, retailers have been allowed to accept Bitcoin for goods and services since a new law was passed in 2017. Even industry giants like Microsoft and travel company Expedia have seen the light to accept Bitcoin for some services. The singer Bjork also accepted the cryptocurrency from fans for her latest album.

    These are small steps for the retail sector, however, with the use of Bitcoin yet to enter the mainstream. The Microsoft involvement is so customers can pay for Windows and Xbox products like games, movies and apps. Microsoft put a stop to the service for a time in 2018 when Bitcoin tanked and the volatility got bosses worries, but it soon put it back again. This tentative behaviour does reflect the fact that many big companies are dipping their toes in the water, unsure whether its going to be hot or cold....
    Hacker, Pirate, Milf Hunter, Owner of Bitcoin Garden

    OluwaTosin10

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    Re: Expectations and reality: economic benefits of Bitcoin
    « Reply #1 on: April 26, 2019, 07:48:05 PM »
    I very much agree with you; there has been too much concentration on the prices of bitcoin and not its massive adoption

    The support has been massive and so has been the developments too.
    The adoption will continue to happen with time

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    Swiss

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    Re: Expectations and reality: economic benefits of Bitcoin
    « Reply #2 on: April 26, 2019, 09:24:51 PM »
    I myself also believe the development of the price of bitcoin will also run better every day, and I am also sure that the benefits that I get in Bitcoin can really be realized into reality.
    and can also add to my family's economy.

    Etrilicious

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    Re: Expectations and reality: economic benefits of Bitcoin
    « Reply #3 on: April 26, 2019, 11:25:54 PM »
    I for one know that this cryptocurrency journey is going to be a long ride for folks and countries begin to adopt the use of bitcoin and it advantage.
    Countries that have adopted bitcoin into their system i applause them for getting in early. The fact is we need major business and countries to accept bitcoin, then the rest will follow.
    Change is constant, bitcoin will rise again.

    rituvohra01

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    Re: Expectations and reality: economic benefits of Bitcoin
    « Reply #4 on: May 02, 2019, 04:15:16 PM »
    I also believe in the development in the price of Bitcoin. I surely believe that the price will back soon we got good benefits in future.

    obromis

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    Re: Expectations and reality: economic benefits of Bitcoin
    « Reply #5 on: May 03, 2019, 10:33:01 PM »
    I search a developer

    717

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    Re: Expectations and reality: economic benefits of Bitcoin
    « Reply #6 on: May 04, 2019, 03:22:44 PM »
    Bitcoin will always worth at any time, and the result will also we feel forever. And it bitcoin merrupakan place save my assets that the main

    Jayde

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    Re: Expectations and reality: economic benefits of Bitcoin
    « Reply #7 on: May 04, 2019, 03:54:37 PM »
    In my opinion I think that Bitcoin can help to increase the liquidity of money in the economic because its more liquidation than fiat
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    ANC

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    Re: Expectations and reality: economic benefits of Bitcoin
    « Reply #8 on: May 04, 2019, 05:34:54 PM »
    Bitcoin Garden | Expectations and reality: economic benefits of Bitcoin
    https://bitcoingarden.org/expectations-and-reality-economic-benefits-of-bitcoin/

    While most of the talk about Bitcoin in recent years has been about the fluctuation in its value, making fortunes for early adopters at its peak before falling back in price, theres been a quiet revolution in  cryptocurrency use in everyday business sectors.

    The retail sector has slowly begun to accept Bitcoin as an alternative to traditional currency payments. In Japan, for example, retailers have been allowed to accept Bitcoin for goods and services since a new law was passed in 2017. Even industry giants like Microsoft and travel company Expedia have seen the light to accept Bitcoin for some services. The singer Bjork also accepted the cryptocurrency from fans for her latest album.

    These are small steps for the retail sector, however, with the use of Bitcoin yet to enter the mainstream. The Microsoft involvement is so customers can pay for Windows and Xbox products like games, movies and apps. Microsoft put a stop to the service for a time in 2018 when Bitcoin tanked and the volatility got bosses worries, but it soon put it back again. This tentative behaviour does reflect the fact that many big companies are dipping their toes in the water, unsure whether its going to be hot or cold....


    Cryptocurrencies in it's entirety is still kind of an uncharted territory to most of the big guns in the business world. The major problem is that too much attention is being given to price movements and volatility but like you rightly submitted, BTC is slowly becoming an alternative method of payment in various businesses and it is a good step in the right direction. I believe that alts have done a great deal of good to BTC awareness as well and several projects that have succeeded in sealing big partnerships while making impressive developmental strides are certainly causing necks to turn toward the blockchain tech and see the advantages it offers. If you look at the project that is aiming at banking the unbanked rather than focusing on already developed areas for example, or the ones which attempt to make positive impacts in the fight against global warming or ones like ECOMI https://www.ecomi.com/ that are going to take collectibles for gamers to a whole different level, you'll see that the blockchain world is slowly evolving to a point where these crypto assets would become a necessity, and bitcoin stands to gain the most from these other blockchain innovations.
    « Last Edit: May 16, 2019, 12:22:26 PM by ANC »

    Heleon

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    Re: Expectations and reality: economic benefits of Bitcoin
    « Reply #9 on: May 06, 2019, 09:48:20 AM »
    In recent times, I care less about the fluctuation in price of bitcoin but I care more about the mass adoption.It is amazing to see different organization adopting bitcoin as a means of payment,and what this means is that,irrespective of the price now,the future of bitcoin is bright.
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    Mpxs

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    Re: Expectations and reality: economic benefits of Bitcoin
    « Reply #10 on: May 06, 2019, 10:26:09 AM »
    for me bitcoin is also good for increasing our economic needs every day, because I myself have a lot of advantages that we get in bitcoin and also have good benefits for our family's life needs.

    Siffi

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    Re: Expectations and reality: economic benefits of Bitcoin
    « Reply #11 on: May 06, 2019, 10:33:59 AM »
    if I think of the hopes and facts of bitcoin in the future, for me it will also be better to increase, because now the development of the price of bitcoin is also starting to increase again. so hope in the future the price of bitcoin is also good for us to get a lot of profits.

    717

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    Re: Expectations and reality: economic benefits of Bitcoin
    « Reply #12 on: May 06, 2019, 05:27:07 PM »
    for me bitcoin is also good for increasing our economic needs every day, because I myself have a lot of advantages that we get in bitcoin and also have good benefits for our family's life needs.
    What is certain is that Bitcoin has also helped my needs, although I haven't felt at high prices, but this is more than enough

     

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