Learn How to Scale Up Your Business by Offering Bitcoin as a Payment Alternative
Bitcoin is one of those topics that will make you excited or make you groan and roll your eyes. The price fluctuations are enough to dissuade many from including it as a payment option for their customers or clients, and yet the potential for seeing a higher value over time is very real.
At it’s best Bitcoin reached a value over $20,000.00 USD by the end of 2017, but it quickly started to drop, and by the end of December 2018 the value was only above $3000.00 USD. Not very encouraging for a lot of businesses to jump in and start offering Bitcoin as an alternative payment in place of services like PayPal, Stripe and Authorize.net.
If you own a business of some kind, or even a charitable non-profit, you should still consider adding Bitcoin as a payment or donation option, because Bitcoin is not going away, and even if you aren’t crazy about holding Bitcoin long term, the good news is you don’t have to.
You can offer your customers to pay with Bitcoin, and after they do you can exchange it for your local currency. It’s not that difficult, and it’s something maybe worth trying out and seeing if it works out for you before you dismiss it entirely.