REASON BEHIND MAJOR SHOPS ACEPTING BITCOIN

in #bitcoin7 years ago

Have we think of reason behind bitcoin acceptance by major merchants globally, recently we have been experiencing positive news and development of cryptocurrency,but why are there important shops now accepting bitcoin, let us take a few look at these reasons .

1. active development:  The bitcoin price has been on boom recently, more  to about $2,900 over the last few months. bitcoin is very active open source for comunity developer.

2. Global recognition of bitcoins: Recently its announce bitcoins more than $42 bln in market cap extensive coverage by mainstream media.

3. International regulation and recognition : power nation like south Korea, japan, Australia are already set for the coin Bitcoin to be regulated  in their country country like indian also to mention few. this week  Germany’s leading food service Lieferando officially announced its integration of Bitcoin Acceptance as payment method.

4. Fee not too high: bitcoin transaction fee is $0.2 to $0.6 as at  moment. Leading Bitcoin wallet platforms including Blockchain, that operates  15 ml wallets, have a recommended  fee of around $0.2 for normal-sized transactions and that is around 50 satoshis per byte.



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great blog...

That is only beginning!

It's nice to know what you are accepting as a store of value is incorruptible and cannot be faked.

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