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Author Topic: 2013-04-22 NY Post - E Cash biz: Yes we scan  (Read 1220 times)
kiko
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April 22, 2013, 10:45:44 AM
 #1

http://www.nypost.com/p/news/local/cash_biz_yes_we_scan_f5eyg0TzPfoxUt8gZgrH0O

Nice coverage of Charlie and co.'s bar in New York taking bitcoins.

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Will that be cash, charge or robo-money?

After years of being relegated to a seedy online market, Bitcoin is creeping into the mainstream — including a Midtown lounge that began accepting the digital currency as a method of payment recently and has since racked up $7,000 in electro-cash revenues.
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kiko
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April 22, 2013, 02:09:22 PM
 #2

They took cameras too: https://www.youtube.com/watch?v=J5D7IltutE8

Yay NY Post!
beckspace
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April 22, 2013, 03:11:13 PM
 #3

$7.000,00 already!

What other bars and restaurants are waiting for?

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internationalaw
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April 22, 2013, 09:08:23 PM
 #4

$7,000 is a lot more than I would have imagined in such a short time

kiko
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April 22, 2013, 09:14:40 PM
 #5

I think Charlie drank most of that $7k before the interview, he looked wasted!
The-Real-Link
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April 22, 2013, 11:36:34 PM
 #6

Very cool Wink  Thank you.

Oh Loaded, who art up in Mt. Gox, hallowed be thy name!  Thy dollars rain, thy will be done, on BTCUSD.  Give us this day our daily 10% 30%, and forgive the bears, as we have bought their bitcoins.  And lead us into quadruple digits
beckspace
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April 23, 2013, 03:15:12 AM
 #7

Time for some accounting:

- Bitpay: $7k minus 0,99% = U$ 6.930,70 in merchant's bank account the next day (Zero Fraud Risk);

- Credit Cards: $7k minus 3,70% minus $14 (assuming 140 transactions of U$ 50,00 on average) = U$ 6.727,00 (Risk of Fraud and Chargebacks up to 6 months later).

Basically, U$ 203,70 more and no chargeback risk.



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Why not?

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