Why Businesses Love Accepting Bitcoin

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....

It's been a little while since I've paid a visit to Coinmap.org, admittedly. The last time I posted about this useful little service was in early February, when about 3,000 businesses that accept bitcoin were listed. Fast forward to today, and find that nearly 4,000 bitcoin-accepting businesses are marked on this map on six continents. Actually, there number is 3,938, but we reckon it will reach the 4,000 mark in the matter of a few days. Back in late December, Coinmap.org had crossed the 2,000 business mark, so you see bitcoin acceptance is continuing its amazing growth around the world.....

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....

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....

The artist is accepting payments in currencies that will last longer than a shark in formaldehyde. Yet another fine art institution is jumping on the crypto bandwagon. British artist Damien Hirst and printmaker HENI Leviathan announced Thursday the release of a print run of eight Hirst paintings, which will be available for purchase with the cryptocurrencies Bitcoin (BTC) and Ether (ETH). According to the announcement, “For the first time, both HENI Leviathan and the artist Damien Hirst will be accepting Cryptocurrency for payment of editions, payments can be made by either Bitcoin or....