I have always wondered why on earth a company accept Bitcoin as a payment when the asset is so volatile and is close it its ATH. Because it could go down in value significantly in a matter of few months. But now when BTC is around $30 I'm expecting more companies will start "announcing" they start to accept it as direct payment. Emirates Airlines is pretty huge deal in my opinion to do this, though they didn't give any date as to when it'd be possible. edit: the link to the news https://www.theblockcrypto.com/linked/146853/emirates-airline-to-accept-bitcoin-as-payment-method-arab-news/
4 comments
That is exactly my point about BCH being use as a currency. It can't... Imagine a little coffee shop barely making profit that accepted BCH at the beginning of the month and now have to buy supplies or pay the rent. Their income would have lost over 20% in value...
I guess mass adoption is a bit far until market matures
Maturity will not solve volatility.
If at least it reduces it, better chances for accepting as payment