6 Reasons Your Business Should Be Accepting Bitcoin
With over 80,000 companies already accepting Bitcoin payments as of 2014 and that number rapidly growing, business owners can no longer afford to ignore the world’s most popular decentralized currency. So let’s check out six reasons why accepting the virtual currency is a great idea. Multiple Reasons to Accept Bitcoin. Around the world, forward-thinking merchants from small shops to large corporations are joining the Bitcoin trend, with many of them doing so in order to improve cash flow by cutting costs and boosting their bottom line. But, is doing business in Bitcoin a worthwhile....
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Some interesting comments coming from Overstock.com CEO Patrick Byrne, as pointed out by CoinDesk. The e-retailer's head honcho took to a podcast at the Porcupine Freedom Festival recently and made statements that anyone in the community would be proud of: "We're going to start giving sort of special deals to the vendors who want to be paid in bitcoin," he said. That is to say, the company is looking to work more closely with businesses that deal with bitcoin. Why? Because Patrick Byrne himself is a huge fan of digital currency. In an interview with me last year, Byrne reiterated that....
Expedia announced today that it will accept bitcoin payments for hotel bookings. Seems like a lot of big name companies are becoming bitcoin-friendly recently. Dish Network began accepting bitcoin about two weeks ago. Apple reversed its ban on bitcoin apps; and now, one of the biggest online travel sites - Expedia, has announced that it will begin accepting bitcoin for hotel bookings. Why is Expedia Accepting Bitcoin? According to Expedia's vice president - Michael Gulmann, "This is one of those ideas that seemed to have sprung from three different places all at once," and "if we're....
The demand for digital currencies is on the rise and there is already an estimated 80,000 businesses currently accepting Bitcoin throughout various countries. Bitcoin is becoming progressively of mainstream use, and businesses who are still delaying bitcoin payments acceptance are falling behind from this digital currency revolution, that is surely is here to stay. The Majority of forward-thinking business man around the world is hopping onto the Bitcoin payments trend; many of them are adopting digital payments to cut expenses and boost their bottom line. Coinbase, the 1.6....
Marc Andreessen is a Facebook board member. He is also a firm believer in Bitcoin. He might be one of the reasons why Facebook will add Bitcoin payments in the future. The price of Bitcoin is soaring today. We already have some theories about this being discussed here. Among some positive messages, something else was made public today. Something involving Facebook and e-money services, according to the Financial Times. Don't start packing for the moon just yet, there is no guarantee Facebook is thinking about accepting Bitcoin. There are some reasons why it might be, though. Facebook and....
Businesses are always looking for ways to add new revenue streams, stay on the cutting-edge of the latest technologies, and reduce operating expenses. As companies like PayPal, Microsoft, and Dell Computers have already discovered, Bitcoin accomplishes all three, and would be an asset to any modern business model. What if you aren't a Fortune 500 company? How would you get started quickly and easily with this exciting new global technology and digital currency? Here are seven ways to get started accepting Bitcoin into your business in a matter of days, with companies that specialize in the....