I'm currently doing a thesis on why companies choose not to accept bitcoin. I'd love to chat about why you don't accept bitcoin or hear your comments below.<p>If you would be happy to participate in my study you can book a time here for a 15-20 minute chat: https://alexmanusu.youcanbook.me/
Because I invest my time there where it will generate a return. Accepting bitcoin from users that have other means of payment cuts into the bottom line directly (and I'd have to somehow integrate bitcoin into my administrative processes, good luck with that), and accepting bitcoin from users that don't have other means is going to add a very very small fraction of the income that's already there.<p>In short, I don't accept bitcoin because it is pointless and most companies that do accept bitcoin do so for the PR value, not because it benefits their bottom line.
Two reasons.<p>1. Price volatility<p>2. Bitcoin is designed to be deflationary. Most people that buy Bitcoin are letting it sit there and hoping that their investment will go up rather than using it for purchases.
Simple. My customers aren't asking for it and really don't care. If I'm not focused on them, I'm missing the point of my business. The day they start banging on my door and telling me they'll leave because I don't have Bitcoin support, I'll happily add it. Until then, it's not on my radar.
1. Volatility<p>2. Regulatory uncertainty<p>To some degree (2) causes (1). Both the threat of regulation and the lack of regulation cause volatility, and that issue not going to go away any time soon.