Bitcoins are used for personal as well as professional dealings. Many businesses find it as a simpler, more secure and affordable means for financial dealings of various kinds. Gone are the days when bitcoin was looked upon with suspicion and disbelief and was scoffed at as just another trend that will soon pass. However, the recent adoption of bitcoin by many well-known companies and business houses is proof that it is certainly not something to be regarded as a passing trend. Bitcoin is here to stay.

1. Why More and More Businesses Are Ready to Accept Bitcoin as Currency
Bitcoin is emerging as the future of monetary transactions. Using paper bills and plastic money
are going to be outmoded ways as this digital alternative to the established currency options is
fast becoming the method of choice for many people around the world. People from different
countries are now showing more and more interest in adopting this new concept of money
transaction and another interesting investment option i.e. accept bitcoin
Bitcoins are used for personal as well as professional dealings. Many businesses find it as a
simpler, more secure and affordable means for financial dealings of various kinds. Gone are the
days when bitcoin was looked upon with suspicion and disbelief and was scoffed at as just
another trend that will soon pass. However, the recent adoption of bitcoin by many well-known
companies and business houses is proof that it is certainly not something to be regarded as a
passing trend. Bitcoin is here to stay.
Take for example the words of Jon Donahoe, the CEO of eBay the popular online auction
company. According to Donahoe bitcoin is going to play a significant role in the future. As per
his plans about adopting bitcoins for eBay, he thinks that it is how we take the best advantage of
this emerging currency alternative and enable it effectively with PayPal that is something they
are focusing upon right now.
Despite the controversies and criticisms, and tough competitions from other emerging digital currency
options such as Litecoin, bitcoin has managed to show an impressive 50% growth in value in the last 12
months.