Should All Ecommerce Sites Accept Bitcoins?
Despite major investments by financial giants, and the latest hype around blockchains, for many the world of bitcoins are still notorious with the darker sides of the internet. Namely drug dealing and terrorism, or are simply thought to be the stuff of sci-fi fantasies. Recently, the financial industry has collectively increased their interest for blockchain technology, the ledger that makes up the foundation of bitcoins, and reduces trading costs. With big time players like Schroders and Aberdeen Asset Management taking the lead, this could suggest that the rise of blockchain technology....
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Bitcoins might seem new to much of the "mainstream" economy, but some businesses outside that realm have already found good reasons to try out the digital currency. In particular, the perception of greater privacy in bitcoin transactions is appealing to online businesses that deal in erotica, porn and other "adult" forms of paid entertainment. For example, Blue Blood, which runs a network of counterculture erotica sites, has begun accepting the currency. One half of a bitcoin buys a full year's mega-pass membership to Blueblood.com and its associated sites, which claim to celebrate "the....
You have probably heard it a hundred times by now: we accept bitcoins... This "we accept bitcoins" phrase is perhaps the latest marketing craze that has engulfed many e-commerce sites and traditional brick & mortar stores. Although many businesses accept your alternative currency, not many of them go further than that. Well, BTCTrip doesn't just accept bitcoins, they accept bitcoiners. That's what sets this travel site apart from the rest. Accepting bitcoiners means catering to the wants of bitcoin users by paying employees in bitcoin, offering more than discounts, and promoting the space.....
Online retail is a global phenomenon. Leading ecommerce platforms like Amazon, eBay, Rakuten etc. have a strong global presence. Apart from these global ecommerce companies there are thousands of ecommerce platforms catering to different geographies, not to mention small online businesses including individual owned online shop fronts that augment brick and mortar businesses. No matter how big or small they are as long as they are online they can cater to the whole world irrespective of any geographical boundaries. While reaching out to global audience is easy for online retailers,....
Although Bitcoin has been operating and expanding its clout since 2009, it is only the leaps and bounds taken in the last two years that confirm the belief (additionally, for some, the fear) that the cryptocurrency will indeed become a mammoth force to be reckoned with in the ecommerce industry. And not in a matter of decades, but years. Over the last 24 months we have seen Bitcoin emerge from what was regarded as a shadowy subculture into the mainstream. This transition is largely due to the acceptance of the currency by influential ecommerce sites. The summer of 2014 saw heavyweights....
When it comes to Bitcoin, privacy is a big deal to a lot of people, and it might be because they are partaking in a type of exchange that their government doesn’t agree with. It also might be because certain Bitcoin-related businesses may blacklist you due to using gambling sites. This article is meant to give a few pointers on the various techniques of....