Bitcoin Forum
July 16, 2019, 05:21:54 PM *
News: Latest Bitcoin Core release: 0.18.0 [Torrent] (New!)
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: 2012-11-16 forbes.com - What's Your Bitcoin Strategy?  (Read 997 times)
Akka
Legendary
*
Offline Offline

Activity: 1204
Merit: 1001



View Profile
November 16, 2012, 01:26:52 PM
 #1

At first, congratulations to Stephen Gornick to be quoted on forbes:

Quote
As one bitcoin forum member articulated, merchants will increasingly be asked: “What’s your Bitcoin strategy?”


Decent Article about Wordpress accepting Bitcoin.

What I especially like are this commends:

Quote
I awoke to incredible news this morning. Leading web publishing service WordPress.com announced that they will begin accepting the nonpolitical cryptographic money Bitcoin as a payment method for various upgrades.

Then I remembered that WordPress is our online publishing platform.

Quote
As the bitcoin juggernaut continues to roll forward absorbing merchants and customers globally it leaves archaic and unsuspecting payment methods in its wake.

Full article: http://www.forbes.com/sites/jonmatonis/2012/11/16/whats-your-bitcoin-strategy-wordpress-now-accepts-bitcoin-across-the-planet/


All previous versions of currency will no longer be supported as of this update
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1563297714
Hero Member
*
Offline Offline

Posts: 1563297714

View Profile Personal Message (Offline)

Ignore
1563297714
Reply with quote  #2

1563297714
Report to moderator
1563297714
Hero Member
*
Offline Offline

Posts: 1563297714

View Profile Personal Message (Offline)

Ignore
1563297714
Reply with quote  #2

1563297714
Report to moderator
novusordo
Sr. Member
****
Offline Offline

Activity: 795
Merit: 250



View Profile
November 16, 2012, 01:37:13 PM
 #2

The block halving is coming up, Wordpress and possibly Reddit are going to accept BTC as payment... things are about to get more interesting.


                            █████
                        █████████████
                     █████████████
                 ██████████████        █████
              █████████████        ████████████
          ██████████████        █████████████
       █████████████        █████████████       ██████
       ██████████        ████████████           ██████
       ███████       █████████████       ███    ██████
       ███████    █████████████       ██████    ██████
       ████████████████████       ██████████    ██████
       █████████████████       █████████████    ██████
       █████████████       █████████████        ██████
       ██████████       █████████████           ██████
       ███████      ██████████████       ███    ██████
       ██████    █████████████       ███████    ██████
       ██████    ██████████       ██████████    ██████
       ██████    ██████        █████████████    ██████
       ██████    ███       █████████████        ██████
       ██████           █████████████       ██████████
       ██████       █████████████        █████████████
                 █████████████       █████████████
              ████████████        █████████████
                  ████         ████████████
                           █████████████
                         ███████████
                            █████
Ferrum Network • Interoperability Network for Financial Applications
SysRun
Hero Member
*****
Offline Offline

Activity: 616
Merit: 500


Portland Bitcoin Group Organizer


View Profile
November 16, 2012, 01:48:40 PM
 #3

Companies more and more should be asking themselves "What's your bitcoin strategy?"

Ok, I saved you from having to read the article. You're welcome.

Images are not allowed. As your member rank increases, you can use more types of styling in your signature, and your signature can be longer. See the stickies in Meta for more info.
Max 2000; characters remaining: 1781
grondilu
Legendary
*
Offline Offline

Activity: 1134
Merit: 1004


View Profile
November 16, 2012, 04:07:07 PM
 #4

Funny thing is that this question is actually pertinent.  There are several very different ways in which a website can deal with bitcoins.

- not dealing at all.  No single mention of bitcoin, and everything priced in national currency ;
- pricing in national currency, but a link provides means to pay in bitcoins, with the price being calculated from real time exchange markets, and bitcoins instantanously turned into national currency, possibly with the help of a third party like bitpay ;
- double pricing, customers can pay in the currency they want.  The website receives and stores bitcoins ;
- bitcoin pricing only, customers must manage to get some bitcoins on their own (like with Silk Roard or some poker sites).

A more serious analysis of the different possibilities would be usefull, I think.
DeathAndTaxes
Donator
Legendary
*
Offline Offline

Activity: 1218
Merit: 1005


Gerald Davis


View Profile
November 16, 2012, 04:20:22 PM
 #5

I am fine with all 4 of those but there is a 5th option.

Actively engage in disinformation and lobbying to ensure your existing methods remain viable and your Bitcoin accepting competitors take a financial hit.
TraderTimm
Legendary
*
Offline Offline

Activity: 2394
Merit: 1066



View Profile
November 16, 2012, 04:26:29 PM
 #6

Companies more and more should be asking themselves "What's your bitcoin strategy?"

Ok, I saved you from having to read the article. You're welcome.

Did you have a purpose behind posting this? Matonis writes some of the best bitcoin articles around. I didn't find your comment quite as enlightening.

fortitudinem multis - catenum regit omnia
matonis
Sr. Member
****
Offline Offline

Activity: 303
Merit: 250



View Profile WWW
November 16, 2012, 05:36:16 PM
 #7

Funny thing is that this question is actually pertinent.  There are several very different ways in which a website can deal with bitcoins.

- not dealing at all.  No single mention of bitcoin, and everything priced in national currency ;
- pricing in national currency, but a link provides means to pay in bitcoins, with the price being calculated from real time exchange markets, and bitcoins instantanously turned into national currency, possibly with the help of a third party like bitpay ;
- double pricing, customers can pay in the currency they want.  The website receives and stores bitcoins ;
- bitcoin pricing only, customers must manage to get some bitcoins on their own (like with Silk Roard or some poker sites).

A more serious analysis of the different possibilities would be usefull, I think.

Very true, grondilu. Companies are starting to ask these questions now. When viable hedging solutions become available, savvy merchants will most likely opt for choice 4 and retain bitcoin balances.

Founding Director, Bitcoin Foundation
I also cover the bitcoin economy for Forbes, American Banker, PaymentsSource, and CoinDesk.
TangibleCryptography
Sr. Member
****
Offline Offline

Activity: 476
Merit: 250


Tangible Cryptography LLC


View Profile WWW
November 16, 2012, 05:42:47 PM
 #8

Hey matonis since your in thread.   Thanks for all the well written and insightful articles.  Sometimes the hardcore users forget how VALUABLE having someone writing for a more mainstream (aka "Bitcoin 101 for non-crypto nerds") point of view really is.  The whole community should be thankful.

Building mindshare one article at a time. 
jwzguy
Hero Member
*****
Offline Offline

Activity: 868
Merit: 1000



View Profile
November 16, 2012, 05:46:34 PM
 #9

Hey matonis since your in thread.   Thanks for all the well written and insightful articles.  Sometimes the hardcore users forget how VALUABLE having someone writing for a more mainstream (aka "Bitcoin 101 for non-crypto nerds") point of view really is.  The whole community should be thankful.

Building mindshare one article at a time. 
+1million
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!