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RE: Could Amazon soon start accepting Bitcoin?

in #bitcoin7 years ago

The earlier they accepted Bitcoin the better for everyone, and if they accept bitcoin then it means Bitcoin is gradually turning into monster coin lol 😂,

Please could bitcoin ever hit its limit?

@jrcornel your post made me inquisitive 😳

Thank you.

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That's actually one of the biggest worries - bitcoin hitting its limit. It is currently unregulated and unpredictable, which is the reason why it will be difficult for it to be globally accepted as a payment method. Some companies have already accepted it as payment but I think bigger companies will not take the risk right now. In the future, maybe, but as of the moment, I don't think so.

Thanks for that candid answer.

Re "unregulated" and "unpredictable" bitcoin, there is the beauty there. If no one regulates bitcoin, it remains out of control of a central authority which is usually inclined to abuse that authority to perpetuate itself (himself/herself/themselves) in power. I think this is the reason why many are now using bitcoin in the world marketplace.