Title: How Bitcoin is Different Post by: Stephen Gornick on March 17, 2011, 12:44:03 AM Here's a blog post from Dwolla, contrasting themselves against PayPal.
http://www.dwolla.org/blog/dwolla-vs-paypal (http://www.dwolla.org/blog/dwolla-vs-paypal) Simply replacing the word Dwolla with Bitcoin makes a nice FAQ: Why is Bitcoin allows you to to receive payment directly from Bitcoin balances at an exceptionally low cost. A few nice applications are:
Why should your business use Bitcoin?
The bottom line. Bitcoin will never replace credit cards and it does not do the same thing Paypal does. Bitcoin is not a credit card/debit card system. However. We do represent a solution to merchants looking for other ways to accept payment electronically. If you want to aviod the interchange fee ( aka. swipe fee & credit card fees ) you can’t use credit or debit cards . You need to use a different service. That service is called Bitcoin. If your company has not allowed electronic transactions to be used due to the swipe fee, Bitcoin finally gives you a solution. Even when sitting down to write a check keep this in mind. Using Bitcoin is less expensive than mailing a check, or driving it across town. Title: Re: How Bitcoin is Different Post by: RodeoX on April 07, 2011, 12:22:42 AM Huh. That does sync up nicely.
Title: Re: How Bitcoin is Different Post by: em3rgentOrdr on April 07, 2011, 02:43:47 AM :)
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