Bitcoin is Key to Empowering Small Businesses

Bitcoin is Key to Empowering Small Businesses

Small businesses are the bedrock of the American economy. Today, more than half of all workers in the US are employed by businesses with less than 500 employees, and they create some 66% of new jobs as well. Despite their importance to the economy, however, small businesses have faced serious hurdles in successfully competing on the Internet. Bitcoin has the potential to finally unleash them and fuel their growth, but first we have to ensure that the currency is trustworthy through smart regulation. Founders looking to build a new company today have access to many effective platforms they....


Related News

An Interview With PexPeppers - A Small Business Accepting Bitcoin And Other Digital Currencies

The Red Rage variety of hot sauce. As Bitcoin and other cryptocurrencies grow and mature, we'll see more businesses accepting them. Often, the news has always tended to focus on the many large businesses, such as Newegg and TigerDirect, that accept Bitcoin. However, across the world, many small businesses are becoming interested in Bitcoin. The Iron Rail Diner, a small family-owned diner in Maryland, graciously accepts Bitcoin, Dogecoin, and Litecoin. They've seen quite a few sales from Dogecoin. In the future, we'll likely see many more small businesses accept Bitcoin and other digital....

Hashbon Provides Zero-Commission B2B and B2C Crypto Payment Services

Driving crypto payment adoption to new heights requires competitive solutions. Hashbon focuses on empowering small and medium-sized businesses through a 0% commission approach. Its native HASH token, to be listed on an exchange soon, will also provide certain benefits.  An All-Encompassing Crypto Payment Service As cryptocurrencies’ appeal grows globally, more and more people see the merit of using Bitcoin or altcoins for payments. While the number of companies accepting this form of payment remains low, […]

El Salvador Plans To Give Small Businesses Low Interest Bitcoin-Backed Loans

Nayib Bukele, dubbed the “CEO of El Salvador,” is pushing the envelope by implementing Bitcoin as a legal tender in the real world. The Salvadoran government is attempting to develop a Bitcoin-backed credit product for micro and small companies around the country. As a result, small and micro-businesses will be able to qualify for low-interest […]

Bitcoin Hearing For Small Businesses

Last Wednesday, the Committee on Small Business held a hearing aimed at exploring Bitcoin, the benefits and risks for small businesses. The hearing was attended by financial, legislative, economics and leading Bitcoin professionals. "Bitcoin: Examining the Benefits and Risks for Small Businesses," was one of the first hearings to be entirely focused on how Bitcoin can affect small business. Those appearing at the hearing to give testimony were Jerry Brito, Senior Researcher at the Mercatus Center. Adam White, Director of Business Development and Sales at Coinbase. Mark Williams, Master....

Half of Small Businesses Not Prepared to Add Bitcoin Payments

A new report by research and advisory company Software Advice indicates that small-t0-medium size businesses are not prepared to add bitcoin payments to their business model. Nevertheless, a high number of respondents understand how to calculate taxes on bitcoin payments. Also Read: Acromobile And Bitnet Enable Mobile Merchants to Easily Accept Bitcoin Payments. Half of Small Businesses Not Prepared to Add Bitcoin Payments. Recently, bitcoin payment processors such as Coinbase, BitPay, and GoCoin have partnered with companies like PayPal and Shopify to afford hundreds of thousands of....