Small Businesses Enjoy Success After Accepting Bitcoin
As bitcoin continues to grow in popularity, small businesses around the world have begun accepting the digital currency as a method of payment. Many of these businesses have seen only a very small portion of their customers pay with bitcoin, but that doesn't necessarily make the venture into cryptocurrencies a failure. Dr J Anthony Allen, CEO of the Minneapolis-based music production school Slam Academy, said bitcoin payments at his business have been "very successful," yet Slam Academy has seen just one customer pay with the digital currency since Allen began accepting it in November of....
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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....
Businesses love accepting Bitcoin. You have heard it on the news, read it on Reddit, and kept up with the latest market developments here at CryptoCoinsNews.com. The mainstream is starting to come around to Bitcoin, and the more they hear about Bitcoin, they more they accept Bitcoin as a smarter way to pay. Particularly for merchants, the benefits can be huge. Large, and small, businesses love accepting Bitcoin! Why have major players like Overstock.com, Dell Computers, and Wikipedia jumped on the Bitcoin bandwagon when it was time to take a payment? And why are many, many more Fortune 500....
The US House of Representatives committee on small business held a hearing on 2nd April to discuss the growing use of bitcoin by the country's small business owners (SMBs), and the pros and cons that using this technology as a payment option offers the demographic. Entitled 'Bitcoin: Examining the Benefits and Risks for Small Business', a panel of experts spoke about the benefits and costs of the use of bitcoin by SMBs, while also touching on hot topics like Silk Road and the recent IRS decision on the tax treatment of digital currencies. Committee Chairman Sam Graves noted in his opening....
Another establishment has begun accepting Bitcoin as payment in what is fast becoming one of the most Bitcoin-centric towns in the United States. Street, a posh restaurant featuring food inspired from around the globe, began accepting Bitcoin earlier this month. The integration came as a result of outreach by Steven Zeiler, a local software developer and Bitcoin evangelist, who has also succeeded in getting a local yoga studio he frequents to take Bitcoin. Matt Carano, owner of The Music Class (which also takes Bitcoin) and former owner of the Pão Cafe, one of the first restaurants in New....
The US Department of Homeland Security (DHS) is seeking to better understand blockchain technology through the Science and Technology Directorate (S&T) of its Small Business Innovation Research (SBIR) program. The US cabinet department is now accepting research proposals from small businesses in 13 topic areas, including the "Applicability of Blockchain Technology to Privacy Respecting Identity Management" and "Blockchain Applications for Homeland Security Analytics". Described as a three-phase program that aims to encourage US small businesses to put efforts toward federal research, the....