5 Companies That Are All In On Cryptocurrency
More and more companies these days are accepting cryptocurrencies for the payment of goods from their stores. These companies are seeing more and more that the use of these forms of payment is becoming a more accepted form of payment. Many people are still scared to embrace the world of cryptocurrencies as they don’t really understand how these work. Meanwhile, there have been a large number of companies that have jumped all in and have adopted this form of currency to allow a wider set of options for people to do business with them. We will take a look at a few of these companies and see what it is about this form of currency that has made them go all in the following list of companies all show the power that blockchain can have on the business world.
This is a company that was one of the first to take the concept of cryptocurrency and allows it to be used as a form of payment. Not only do they allow a customer to pay with Bitcoin, customers can also use Ethereum, Dash, Litecoin as well as Monero to name a few. This has opened up a wider range of customers that are able to do business with Overstock and as such will lead to an increase in their profits as a result.
Advanced Micro Devices
Again this is a company that has shown a lot of serious potential for the acceptance of cryptocurrency as a way to help and advances their business model. More and more companies like AMD, especially in the tech world, are seeing that the future is here and that the future will include the use of Bitcoin as well as other forms of cryptocurrency. Regardless of what the analysts say, this will be the future of the tech world regarding blockchain technology.
The jury is still out as to if this was a smart move for the company to make or not. There have been a large number of people in the business that has said that when the company made the decision to go with this stance of embracing it, that they were not in a position to make the most of this decision. It will without a doubt be a matter of waiting and seeing how this ends up going.
If you have been watching the news, then you know that this company has been making a lot of impressive gains over the years with their use and acceptance of cryptocurrency. The company at first was a little hesitant to make this move, but they soon discovered that this was a move that they were just going to have to get used to and might as well adapt to as there was no way of hiding from it. The company was a lot like Microsoft in the fact that they wondered if this was going to be a wise idea for them to adopt this form of payment for customers that were looking to do business with them. In the end, they decided that this was a very good move that would give them a more positive outlook for the future.
Microsoft has over the years been on the fence about the use of cryptocurrencies. In 2014 they adopted the use of it only a short time to reverse this decision. It would then be a few days later that they went back to accepting this form of payment. Then in 2016, the same thing happened as they stated that they would no longer accept cryptocurrency then went back and reversed that decision. It will be interesting to see if this company will keep this position or if they will go back and forth on this decision again in the next few years.