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[AudraMiller]

The use of Bitcoin is wide-reaching and many businesses have even considered that they should invest into Bitcoin and possibly even integrate its use into their business structure as well. However, this is not as simple as it sounds and can require a lot of work. Therefore, there is a seminar that is being held by Microstrategy to try and address this and explain the legal implications of this movement. To date there has been over 1400 companies that are interested in this event. Is this a good thing that businesses are moving to Bitcoin? Will this result in another bull run?

 

[Niftyicon]

This is a much needed seminar for times like this. Many businesses have now realized that the world is shifting and the best way to survive is to go with the flow. Integrating the use of bitcoin and other Cryptos into the business is an option most big companies are embracing now.

 

[Brain]

I'm glad to see or read about this. It will be a good thing for businesses to inculcate Crypto currency into their platforms. So good to know there's a seminar already put in place for this

 

[Josemendez]

This is a good thing from microstrategy , however the problem with business accepting cryptocurrency is the volatile nature of the coin .

 

[Brain]

Well, they will have to accept that it is from this volatility that they can make that good profit they need. So yeah it is risky but all investment have some level of risk

 

[sagefave]

There so many interested businesses that want to adopt the use of bitcoin as a means of payment but cannot reconcile the volatility of bitcoin and high transaction fees as they wouldn't want to get shorted on the value of their services and goods.

 

[microunit]

If this seminars goes well and more business adopts bitcoin into their business then yes there might be another bull run in the future, but volatility of the coin will make any business have either a big profit or loss and in business aspect this is bad

 

[Brain]

For business adopting bitcoin and other altcoins would have been a very simple thing I think the issue of fees for withdrawal can just be their fears but they can stand up already and see if they can have a way around it

 

[Josemendez]

This is a good thing from microstrategy , however the problem with business accepting cryptocurrency is the volatile nature of the coin .

If this seminars goes well and more business adopts bitcoin into their business then yes there might be another bull run in the future, but volatility of the coin will make any business have either a big profit or loss and in business aspect this is bad

 

[Josemendez]

The issue is not accepting and investing in bitcoin , it deals more on the risk associated with having bitcoin as a payment method . The volatility is a concern

 

[Brain]

This is a good thing from microstrategy , however the problem with business accepting cryptocurrency is the volatile nature of the coin .

But everything good comes at a price so if they can deal with other risks that comes with running a business, they should with the volatile nature of btc

 

[Rollerkid]

The use of Bitcoin is wide-reaching and many businesses have even considered that they should invest into Bitcoin and possibly even integrate its use into their business structure as well. However, this is not as simple as it sounds and can require a lot of work. Therefore, there is a seminar that is being held by Microstrategy to try and address this and explain the legal implications of this movement. To date there has been over 1400 companies that are interested in this event. Is this a good thing that businesses are moving to Bitcoin? Will this result in another bull run?

This seminar was very helpful and many institutions came in just after the seminar MicroStrategy organized. Let's just hope many will continue to discover the Importance of crypto and come in before it's too late.

 

[microunit]

But everything good comes at a price so if they can deal with other risks that comes with running a business, they should with the volatile nature of btc

Agree, I think there are already other businesses that are accepting crypto as a payment method but through coinpayments 3rd party, as the amount of crypto you will be paying is dependent on the price upon payment and I think coinpayments already exchanges the crypto to USD upon giving the payment to the merchant

 

[Brain]

Agree, I think there are already other businesses that are accepting crypto as a payment method but through coinpayments 3rd party, as the amount of crypto you will be paying is dependent on the price upon payment and I think coinpayments already exchanges the crypto to USD upon giving the payment to the merchant

That's a good move if this channel is worth the use. Then businesses needs to try this out and see how perfect it will work for them. It might just be a good lift for their business

 

[Rollerkid]

That's a good move if this channel is worth the use. Then businesses needs to try this out and see how perfect it will work for them. It might just be a good lift for their business

Yeah, it might be a good move if it proves positive as time goes on. I'm saying as time goes on because some businesses might still not understand the coinpayments strategy.

 

[Josemendez]

But everything good comes at a price so if they can deal with other risks that comes with running a business, they should with the volatile nature of btc

The volatility will not affect institutions who have bitcoin as an asset , but those who uses it as a medium of payment . The stand at higher risk

 

[BullyMaguire]

That's good.. if businesses can see the benefits of using Cryptocurrency. I hope this gets mainstream and people realize there's nothing wrong ro illegal about Cryptocurrency

 

[Wisdom01]

Its a good initiative and i guess a lot of people would really love the move but them , i just hope they could start on time ,but this initiative would make some business consider using bitcoin

 

[achawaskey]

Is a nice move by MicroStrategy, if all the companies that indicated interest attend the seminar and further decided to invest in crypto, the bull run that we will expect will be massive.

 

[AudraMiller]

This seminar was very helpful and many institutions came in just after the seminar MicroStrategy organized. Let's just hope many will continue to discover the Importance of crypto and come in before it's too late.

I think that as long as there is no global adoption of crypto the time to invest will never be too late. Once the global adoption hits, and it becomes a main source or stream of payment in all countries then the price of all the crypto will increase drastically. Any investment before then is likely to see huge rewards in my opinion.