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Author Topic: Bringing Bitcoin To The Service Industry  (Read 755 times)
cloudTc
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March 20, 2013, 05:26:33 AM
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This saturday I will be meeting with several people with connections to various corporations providing services such as energy(reliant), communication (sprint, verizon, etc), TV (directv, comcast, etc). Essentially people pay their bills through this company..My main goal for going to this meeting is too see if I can workout a way to get bitcoin involved. As in accepting bitcoin for payments of these services. Please post any and all information that would help me accomplish this, I feel if I can get bitcoin involved in this..It could be huge. Imagine..paying all your bills with bitcoin? ^^
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BitPirate
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March 20, 2013, 05:31:00 AM
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Focus on some of the advanced technical implications that could secure payment. For example, some of BitCoin's contract features could be used by power companies.

I think also power companies would be interested in looking at how volatility in Bitcoin could be used to hedge against volatility in fossil fuel prices.

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March 20, 2013, 05:51:15 AM
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https://en.bitcoin.it/wiki/How_to_accept_Bitcoin,_for_small_businesses

cloudTc
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March 20, 2013, 07:26:30 AM
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Thank you, and BitPirate...could you provide more insight? That sounds very interesting.
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March 20, 2013, 08:44:03 AM
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https://en.bitcoin.it/wiki/Contracts . Obviously they'd need to code a client app -- years of R&D but worth considering.


Using advanced electronic payment methods isn't totally out of character for the utility companies. For example, some power companies are already installing 'automated' reporting meters in some countries -- e.g. electricity meters that wirelessly report your usage to the company.

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March 20, 2013, 09:43:46 AM
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I think the bitcoin breakthrough should come from the tourism and hospitality sectors,
these are the sectors that really have currency exchange needs and can use the bitcoin to attract potential customers.
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