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Title: [2015-08-11] US News: Should Small Businesses Bet on Bitcoin? Post by: aso118 on August 12, 2015, 12:49:14 AM Should Small Businesses Bet on Bitcoin?
http://www.usnews.com/news/articles/2015/08/11/should-small-businesses-bet-on-bitcoin Imagine stepping into a cafe where you're worried they don't take credit cards. But while you're painstakingly counting out your dollars, the cashier says: "We take cash, cards and bitcoin." That's what's happening every day at Pittsburgh ice cream parlor Oh Yeah! And the small eatery isn't the only place offering an expanded range of payment options to its customers. Title: Re: [2015-08-11] US News: Should Small Businesses Bet on Bitcoin? Post by: Kprawn on August 12, 2015, 12:03:16 PM The obvious question should have been, Why is the small businesses not betting on Bitcoin?
We have bitcoin payment processor companies like BitPay, who takes the risk out of a possible price crash, by converting directly to fiat. They can tap the added benefit from a new source of income. { If I had the choice to buy a product or pay for a service from two companies and the one offered Bitcoin payment and the other not, guess what I would choose?} It gives them a added advantage over other businesses. In the example they gave, the company saved $17 000 in fee's... What small business would turn their backs on that kind of savings? The small businesses need all the help they can get, to grow bigger and to out perform their competitors. ;) |