Using Bitcoin as a means of payment in business is a good thing. Bitcoin makes transactions faster and easier. Many people have used Bitcoin as a means of payment and they are satisfied with the sophistication of Bitcoin. Especially for a Bitcoin trader or investor you don't need to convert Bitcoin into fiat to pay because Bitcoin has been allowed directly as a means of payment.

We all will never know what will happen in the future, but we all want to hope for positive things that will happen. I really hope that business owners
can start learning about Bitcoin, so that they can at least know the benefits of Bitcoin, and is expected to adopt Bitcoin. But because Bitcoin also still
has some drawbacks, that's what some merchants are considering when adopting Bitcoin. I believe the price of Bitcoin skyrocketed this year,
has its own charm to make some merchants accept Bitcoin payments. It is profitable for merchants who have decided to adopt Bitcoin if Bitcoin
continues to rise in price, and if we look at the popularity of Bitcoin which is indeed increasing, Bitcoin is probably still in a bullish trend at least
until mid-2022.

If i am in a physical stores why would i use any payment method that has a fees attached to it when traditional payment system does not have any transaction charges attached. Have some logic, if i am making an online transaction i am more than happy to use cryptocurrency to safeguard my privacy and moreover i am not comfortable using my credit card when making online transaction due to security reasons.

Yes, the adoption of cryptocurrencies most especially Bitcoin for payment by all businesses is a good idea because it is more reliable, transparent and secure than the traditional or Fiat payment system but the disadvantage is that it is not a stablecoin that is, it has a fluctuating price which is affecting its total adoption by merchants and also, it has a huge transaction fee attach to it when whenever you make use of Bitcoin for payment which is not so for Fiat.

This might be a general perception among investors but I don't think it could be a reason for business not to accept BTC payments. I think a lot of companies are still debating on which way to go, as is the case with the company I work for that accepts BTC payments only as a trial but has not officially launched full-fledged BTC payment system yet.

The main reason is their managers are not yet sure about accepting BTC, let alone integrate it into their business. I am actually the assistant for the CEO and I think the decision to allow BTC payments is based on the expectation of better future revenues for a business after they will start using BTC for payments.

Most of the executives are said to be interested in Bitcoins and are willing to accept them because of that. I personally think a lot of things should be made to work first before they will be used for purposes they were intended for. For example, in the business to business sector (B2B), it would be ideal if a business could use a medium to transfer money worldwide instantly without going through a long payment chain like the usual fiat system. Without being able to make any such system exist for a long time, a lot of businesses won't have an incentive to adopt BTC.

I think the major problem for the industries, and even the economy, is lack of rapid technology adoption.

The only downsides of BTC being accepted as mode of payment are the market volatility and the delay of confirmation (unless they’re using Lightning Network like El Salvador did). It’s what other merchants are still hesitant of implementing BTC as an alternative payment option. Just an opinion.

So many bitcoin features made it the most favorable option when it comes to payments, and many business have build knowledge over the years with the advantages of bitcoin as payments for good and services.

apart from their volatility, they are also difficult to control and this I think will be a bit detrimental if you want to continue doing business through btc.
their prices are very volatile and hard to predict this will make the business a risky one to do.
on the other hand, no one can really guarantee that btc will always go up and stay in a stagnant price because there is always a correction.
so I think it would be very reckless to use btc as the main source of business funding.

Would it be possible if you could please elaborate on how it could save you stress and unnecessary charges?

As far as I know, every transaction involving BTC has a transaction fee that costs north of $6-$10 depending on the price of it on the market. In addition, transacting via fiat is convenient due to its simplicity and straightforward use. The problem with transacting with BTC is the eligibility and legality of it on a country. If the government prohibits the transacting of such, then you are compelled to use a mixer in order to avoid getting tracked.

While this may be true, BTC should be made available as an option to most businesses as a form of payment. The possibilities are endless and it would bring more exposure to BTC and about its current use.