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BitPay, a payment service provider, has announced that 1st Energy, an Australian energy company, now accepts cryptocurrencies, including Shiba Inu, through BitPay. BitPay accepts a variety of cryptocurrencies, including Bitcoin, Bitcoin Cash, Dogecoin, Ethereum, Litecoin, Wrapped Bitcoin, and five USD-pegged stable coins, in addition to Shiba Inu (BUSD, DAI, GUSD, USDP and USDC).

 

[Ben Kempton]

yeah it could be a big obstacle ,that's why more enlightenment needs to be done ,so that the Australian there would have enough knowledge ,there are some countries that needs that cryptocurrency awareness for them to be able to add in more growth

According to some research conducted by the Ernst and Young, Australia is expected to become a really huge market for cryptocurrencies by the end of this decade. However, I think that this all depends on how Australian investors view cryptocurrencies. They could adopt cryptocurrencies much earlier and Australian market could prove to be fruitful for global investors as well.

 

[a_jerobon]

I think the reason why many people and organisations are accepting the pay and transaction in cryptocurrency is because they are operating and international business and so it would be an efficient way to receive payment from different people from different parts of the world.
I wouldn't say it's of interest to the cryptocurrency market though.

Yeah, cryptocurrency payments are very convenient for those who conduct international businesses. They make it so easy for them to send and receive money from anywhere all over the world. They also have the opportunity to invest and earn some good amounts of profits. That is something that most people love about cryptocurrencies most.

 

[Ben Kempton]

Yeah, cryptocurrency payments are very convenient for those who conduct international businesses. They make it so easy for them to send and receive money from anywhere all over the world. They also have the opportunity to invest and earn some good amounts of profits. That is something that most people love about cryptocurrencies most.

Being an online earner, I can relate to many people who are dreaming about seeing cryptocurrencies as a payment method. Even I have also urged many website owners to start paying their members through cryptocurrency. Some have denied in an outright manner and some stated that they will consider it soon. I must say that I am a cryptocurrency advocate.

 

[Wisdom01]

Being an online earner, I can relate to many people who are dreaming about seeing cryptocurrencies as a payment method. Even I have also urged many website owners to start paying their members through cryptocurrency. Some have denied in an outright manner and some stated that they will consider it soon. I must say that I am a cryptocurrency advocate.

with so many limitations placed by some payment platform ,I would also not even hesitate on advocating on the use cryptocurrency and promoting it , because many platform needs to start using it ,to save people from online woes and others , I think tho

 

[Ben Kempton]

with so many limitations placed by some payment platform ,I would also not even hesitate on advocating on the use cryptocurrency and promoting it , because many platform needs to start using it ,to save people from online woes and others , I think tho

I do not think that we should hesitate to promote cryptocurrencies at all. Do you know even before Honeygain officially announced that they will use Bitcoin as a payment method, I mailed them and suggested them to use Bitcoin. They stated that they might consider at as a payment option in the future and this is what they did.

 

[Skysaint]

Yes if companies start to accept crypto,they will be boosting their business,because crypto transactions are not affected by borders or distance so they can receive payments from all over the world.This is true for countries that run online businesses like Online stores,or crypto exchanges,even real estate etc,it can really make things simple

That's very correct. They would be indeed boosting their businesses as it's one of the most widely accepted payment method or just for making a transaction in the entire world. So I think including the cryptocurrency option to your payment list would help make it more attractive to those in your country and even beyond.
The PayPal option that many people and websites are already used to is somewhat inefficient.

 

[Ben Kempton]

with so many limitations placed by some payment platform ,I would also not even hesitate on advocating on the use cryptocurrency and promoting it , because many platform needs to start using it ,to save people from online woes and others , I think tho

There could be many reasons why they may be hesitating and one of the biggest problem with accepting cryptocurrencies is its actual unknown nature. This is because Bitcoin may have a market value but this does not mean that it has a real value. When a company tends to adopt cryptocurrencies, they have to invest hundreds of thousands of dollars or even millions of dollars in the cryptocurrency market in certain cases. This could be a risky thing to do.

 

[a_jerobon]

Being an online earner, I can relate to many people who are dreaming about seeing cryptocurrencies as a payment method. Even I have also urged many website owners to start paying their members through cryptocurrency. Some have denied in an outright manner and some stated that they will consider it soon. I must say that I am a cryptocurrency advocate.

I am a cryptocurrency advocate too. This is because I work online and I know how important it is to have a payment method that I can fully trust and use to receive money from anywhere. That is why I wish that more companies and websites should really accept it as a payment method. Everyone will benefit a lot from this.

 

[Skysaint]

Yeah, cryptocurrency payments are very convenient for those who conduct international businesses. They make it so easy for them to send and receive money from anywhere all over the world. They also have the opportunity to invest and earn some good amounts of profits. That is something that most people love about cryptocurrencies most.

You don't know how sad I have been especially when I was still new to the online market and already discovered that the PayPal option doesn't work here in my country.
There are great and legit sites out there but we can't just earn through them either because of the payment method or just that they don't accept people from our region. So I am guessing they start considering the cryptocurrency payout option.

 

[Ben Kempton]

I am a cryptocurrency advocate too. This is because I work online and I know how important it is to have a payment method that I can fully trust and use to receive money from anywhere. That is why I wish that more companies and websites should really accept it as a payment method. Everyone will benefit a lot from this.

I guess that cryptocurrencies will only be supported as a global payment method when it will be promoted at a global level. I do not think that supporting cryptocurrencies at an individual level will be effective. I reckon that there are many senators, politicians, businessmen, and many organizations that support cryptocurrencies, but they have been doing at individual level.

 

[Wisdom01]

There could be many reasons why they may be hesitating and one of the biggest problem with accepting cryptocurrencies is its actual unknown nature. This is because Bitcoin may have a market value but this does not mean that it has a real value. When a company tends to adopt cryptocurrencies, they have to invest hundreds of thousands of dollars or even millions of dollars in the cryptocurrency market in certain cases. This could be a risky thing to do.

probably some companies feel adopting it will slow down their operation ,the volatility of crypto currency is really dependent on various factors ,so there might actually be a reason for such takes , cryptocurrency have so much benefits attached apart from the real value issues

 

[fiery phoenix]

You don't know how sad I have been especially when I was still new to the online market and already discovered that the PayPal option doesn't work here in my country.
There are great and legit sites out there but we can't just earn through them either because of the payment method or just that they don't accept people from our region. So I am guessing they start considering the cryptocurrency payout option.

Paypal supports my country but there are restrictions.They only allow users to pay or send their money out,but users can't receive money into their wallet.I have heard though from other citizens saying,they have bypassed this by creating a Paypal business account,it receives payments,though I have not tried it myself.
So you are right,crypto is really needed,no restrictions,censorship resistant,no peeping from the government

 

[Horia_10]

Crypto is accepted by all type of companies but the growth is not there and therefore you can say that despite being an advantage and having a demand from the market , the markets have always remained manipulated by the whales and the only growth option is by creating more awareness to the countries where people don't know anything about the market .

 

[Ben Kempton]

probably some companies feel adopting it will slow down their operation ,the volatility of crypto currency is really dependent on various factors ,so there might actually be a reason for such takes , cryptocurrency have so much benefits attached apart from the real value issues

In such cases, those corporations could potentially consider opting for stablecoins as their option. One such stablecoin is the Tether (TRC2) token. I have read that it has incredibly low transaction fees as compared to the Ethereum- based blockchain counterpart.

 

[Wisdom01]

In such cases, those corporations could potentially consider opting for stablecoins as their option. One such stablecoin is the Tether (TRC2) token. I have read that it has incredibly low transaction fees as compared to the Ethereum- based blockchain counterpart.

I feel they are now considering using stable coin now ,but accepting crypto currency like Bitcoin should have fetched them more customers compared to accepting usdt as payment option ,only that the volatility is the bigger issue there , making things so tedious

 

[Ben Kempton]

Paypal supports my country but there are restrictions.They only allow users to pay or send their money out,but users can't receive money into their wallet.I have heard though from other citizens saying,they have bypassed this by creating a Paypal business account,it receives payments,though I have not tried it myself.
So you are right,crypto is really needed,no restrictions,censorship resistant,no peeping from the government

You must contact PayPal's official team or join the community forum and post the question there. It might be possible that you might be able to receive PayPal payments after opening a business account. However, it might be possible that this might not be a possibility at all. Explain to them your case in detail and wait for a response.

 

[Wisdom01]

Crypto is accepted by all type of companies but the growth is not there and therefore you can say that despite being an advantage and having a demand from the market , the markets have always remained manipulated by the whales and the only growth option is by creating more awareness to the countries where people don't know anything about the market .

the growth have always been there ,if it's not there am sure some small investors wouldn't even invest in it they would be scared of investing and it's going to affect the development of Bitcoin ,many things needs to be placed into consideration when investing

 

[microunit]

I am seeing recently that shiba inu is being adopted in alot of payment method like this one, and also seeing more and more companies accepting cryptocurrency as a payment method is giving me positive things to look forward for cryptocurrency in the future

 

[Ben Kempton]

the growth have always been there ,if it's not there am sure some small investors wouldn't even invest in it they would be scared of investing and it's going to affect the development of Bitcoin ,many things needs to be placed into consideration when investing

The fact remains that there is still a very low quantity of dip buyers. Despite the fact that there are a few dip buyers, the cryptocurrency is not rising in value. This is something that many investors anticipated and refrained from investing in the market.

 

[AudraMiller]

BitPay, a payment service provider, has announced that 1st Energy, an Australian energy company, now accepts cryptocurrencies, including Shiba Inu, through BitPay. BitPay accepts a variety of cryptocurrencies, including Bitcoin, Bitcoin Cash, Dogecoin, Ethereum, Litecoin, Wrapped Bitcoin, and five USD-pegged stable coins, in addition to Shiba Inu (BUSD, DAI, GUSD, USDP and USDC).

This is very good to see and i think that there is a lot of companies that are starting to integrate the bitpay wallet and their payment platform into their wesbite as well whcih has been very helpful in expanding the use of crypto. The one thing that i do like is the fact that there is so much of this that can be used and therefore we can live on crypto now.