After Six Months of Accepting Bitcoin, Ink Factory Says Bitcoin Not Right for Retail

After Six Months of Accepting Bitcoin, Ink Factory Says Bitcoin Not Right for Retail

There's a ton of retailers out there accepting bitcoin now. But if they all have one thing in common it's that customers paying with bitcoin are few and far between. Such is the case with British retail company Ink Factory, an online store that sells printer cartridges (and has accepted bitcoin since November 2013). The company says that the role of bitcoin in retail is overstated - adding that bitcoin and the blockchain has a "great future" - just not on the payments front. "In just over six months, the number of orders paid with Bitcoin has not reached three-figures and our largest order....


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Quotes

There are more people in the world who need a currency they can trust than there are people in the world who can trust their currency.

Wences Cesares (Xapo CEO)