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[Ben Kempton]

Gucci is one of the biggest Brands when it comes to fashion industry. It is a manufacturer of wide range of great fashion products. According to news reports, Gucci shall now start accepting cryptocurrencies as a method of payment from customers in the stores that are located in the United States. According to sources, the company will accept certain cryptocurrencies including Ethereum, Bitcoin, Litecoin, Shiba Inu, Dogecoin, and a few stable coins. According to the top executive of the company, adoption of cryptocurrencies is something innovative and they like to adopt new changes and technologies that could help boost the company's business and also help the customers to buy products.

 

[Ben Kempton]

maybe they are considering a lot of things that's why they haven't accepted it yet ,some times we might not know the reason ,only those in the company would know the reason why the company have not intiated the operation of using Skrill as payment option

I guess that one of the biggest reasons why they are not ready to accept other little known payment methods is due to the fact that they are not used by many people around the world. PayPal, cryptocurrencies, and Debit cards are used by a good percentage of people around the world and this is why they are welcoming these payment methods only.

 

[Wisdom01]

I guess that one of the biggest reasons why they are not ready to accept other little known payment methods is due to the fact that they are not used by many people around the world. PayPal, cryptocurrencies, and Debit cards are used by a good percentage of people around the world and this is why they are welcoming these payment methods only.

probably why too , because there are plenty of sites that I know that are using PayPal with other payment method and not accepting Skrill ,even if they should use Skrill as payment method many people might not use it for payment ,then why would it now be integrated ,all these could be considered

 

[Ben Kempton]

probably why too , because there are plenty of sites that I know that are using PayPal with other payment method and not accepting Skrill ,even if they should use Skrill as payment method many people might not use it for payment ,then why would it now be integrated ,all these could be considered

I think that there is a very big number of people who use Skrill, but the number is not that huge. Many people also use payoneer. However, Skrill and Payoneer are used by a very few people when it comes to online shopping and I must say that this pretty much limits the business of companies like Gucci, as they will not be able to sell products to customers of countries where PayPal does not work.

 

[Potuse]

I have come to realise that most of the companies that showed interest in investing on cryptocurrency are actually the ones that are accepting payments using the digital currencies. It is a way of extending their source of income into the cryptocurrency markets.

Gucci is not the only company that would accept payment in cryptocurrency and it is a very good gesture if the company actually finalize the project because it would be a great way to purchase Gucci fashionable products with ease.

 

[Rubee]

This is great news. I just read a post some few minutes back about a big legal firm in the United Kingdom accepting payments in crypto currencies. Now, i'm seeing another post about a big fashion industry in the United States Guccistores accepting payments in crypto currencies also. I just love the way these countries are accepting crypto currencies.

 

[Horia_10]

USD is always better because you know how much you are paying and how much to send to one you intend to have the funds received through the fastest option , even better option is to invest in a business like stock farming and cattle farming that can give good returns from It to the investors on daily basis indeed .

 

[Ben Kempton]

USD is always better because you know how much you are paying and how much to send to one you intend to have the funds received through the fastest option , even better option is to invest in a business like stock farming and cattle farming that can give good returns from It to the investors on daily basis indeed .

I think that they could utilise the DAI token or USDC coin in order to collect payments from the customers. The main problem is that not all the customers might be holding these coins. This is because there are so many people who hold coins with much larger market capitalisation and value such as Bitcoin, Ethereum, Bitcoin Cash, etc. So utilising stablecoins might not be always a fruitful option for Gucci.

 

[Wisdom01]

with the recent trend of many institution accepting crypto currency as payment option and others , I think what some institution just need is actually government helpful hands , because am sure that if that is actually given obviously cryptocurrency would have way boosted past people expectations and others

 

[Ben Kempton]

with the recent trend of many institution accepting crypto currency as payment option and others , I think what some institution just need is actually government helpful hands , because am sure that if that is actually given obviously cryptocurrency would have way boosted past people expectations and others

Many companies might have a harder time adopting cryptocurrency as a payment option because of strict regulatory issues in some states. This is because they might be facing some legal issues pertaining to the usage of cryptocurrencies and this is why they might be unwilling to adopt cryptocurrency.

 

[AudraMiller]

Gucci is one of the biggest Brands when it comes to fashion industry. It is a manufacturer of wide range of great fashion products. According to news reports, Gucci shall now start accepting cryptocurrencies as a method of payment from customers in the stores that are located in the United States. According to sources, the company will accept certain cryptocurrencies including Ethereum, Bitcoin, Litecoin, Shiba Inu, Dogecoin, and a few stable coins. According to the top executive of the company, adoption of cryptocurrencies is something innovative and they like to adopt new changes and technologies that could help boost the company's business and also help the customers to buy products.

It is good to see that there are high end stores that hold a lot of weight in the world that are also able to accept these coins because this will encourage a lot of larger investors in the market especially as these are the people that are financially stable that are able to afford items of this brand and therefore will encourage price increases.

 

[Wisdom01]

Many companies might have a harder time adopting cryptocurrency as a payment option because of strict regulatory issues in some states. This is because they might be facing some legal issues pertaining to the usage of cryptocurrencies and this is why they might be unwilling to adopt cryptocurrency.

I think the strict regulation is really becoming serious in some countries ,I feel like it's been done on purpose to actually reduce the development of cryptocurrency in some countries , although some citizen aren't ready to let that evade ,but keep on the development

 

[Kennysplash]

Worldwide adoption will soon be realized with these updates. There will come a time when almost all the top companies are accepting cryptocurrency. And this will be a great boost for the cryptocurrency world. It is already competing with Fiat, and with these news of adoption we can conclude that this is just the beginning.

 

[Potuse]

Customers of Gucci will be able to use Dogecoin as well as five "stablecoins" that are correlated with the US dollar in addition to the six fundamental cryptocurrencies. In-store cryptocurrency payments will be accepted because if the speed of transaction.

 

[a_jerobon]

Worldwide adoption will soon be realized with these updates. There will come a time when almost all the top companies are accepting cryptocurrency. And this will be a great boost for the cryptocurrency world. It is already competing with Fiat, and with these news of adoption we can conclude that this is just the beginning.

That is right. It is so awesome when such top companies accept Bitcoin payments. It only shows that the adoption has just begun and their is hope for using it for payments a lot more in the future.

Big companies are so influential. Soon, so many other companies will follow suit because they want to adopt them too.

 

[Potuse]

That is right. It is so awesome when such top companies accept Bitcoin payments. It only shows that the adoption has just begun and their is hope for using it for payments a lot more in the future.

Big companies are so influential. Soon, so many other companies will follow suit because they want to adopt them too.

Irrespective of the market disruption, I am still bullish on bitcoin because earn the credo that the coin will surge in the future irrespective of the market fluctuation. We shall see the results if the economic situation of the United States stabilises there will be no need for the federal reserve to continue to adjust the interest rate.

 

[Ben Kempton]

Irrespective of the market disruption, I am still bullish on bitcoin because earn the credo that the coin will surge in the future irrespective of the market fluctuation. We shall see the results if the economic situation of the United States stabilises there will be no need for the federal reserve to continue to adjust the interest rate.

There is no real chance for the Bitcoin to rise once again until or unless the federal reserve create regulations and strategies that would benefit the cryptocurrency market and this is highly unlikely to happen because right now they are focusing more on making dollar more powerful and increasing the economical capability of the United States.

 

[Riberet19]

There is no real chance for the Bitcoin to rise once again until or unless the federal reserve create regulations and strategies that would benefit the cryptocurrency market and this is highly unlikely to happen because right now they are focusing more on making dollar more powerful and increasing the economical capability of the United States.

In Europe the MICA law will come into force in 2024 that will regulate more strongly the Cryptocurrencies in European territory just in the year in which the halving will occur and the year that Elon Musk says that the economic crisis will probably end Some data to keep in mind

 

[yashwantdarsi]

Gucci is one of the biggest Brands when it comes to fashion industry. It is a manufacturer of wide range of great fashion products. According to news reports, Gucci shall now start accepting cryptocurrencies as a method of payment from customers in the stores that are located in the United States. According to sources, the company will accept certain cryptocurrencies including Ethereum, Bitcoin, Litecoin, Shiba Inu, Dogecoin, and a few stable coins. According to the top executive of the company, adoption of cryptocurrencies is something innovative and they like to adopt new changes and technologies that could help boost the company's business and also help the customers to buy products.

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[Horia_10]

There might be big companies coming in the market but that's only creating saturation as there becomes more whales to pump and dump the coins and that is common with meme coins so I have stopped investing in memecoins permanently for the reason to have safety from big upps and downs

 

[magnus2022]

It is welcome development! The future of cryptocurrency is very bright. Gucci is world class company and definitely will influence other company to start accepting cryptocurrency. Before 5 years, crypto will be widely acceptable in United States and beyond.