Beefing up profits: farmer achieves 20% bitcoin sales
When it comes to businesses accepting bitcoin, there is nothing hi-tech about a farmer and his wife selling beef in rural Australia. However, David and Peta Moloney are doing for the beef industry what bitcoin is doing to the financial one: disrupting it. High-profile companies such as WordPress and Foodler already take bitcoin, but the percentage of income generated in bitcoin is still very low. OKCupid, another big name to take bitcoin told us less than 5% of their revenue comes from the currency. So how has a beef-seller in northern New South Wales achieved up to 20% of his business in....
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