Bitcoin Forum
December 15, 2017, 01:37:10 AM *
News: Latest stable version of Bitcoin Core: 0.15.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: What type of businesses could currently benefit from bitcoin  (Read 311 times)
jakebrooker2
Newbie
*
Offline Offline

Activity: 4


View Profile
October 30, 2013, 03:13:07 PM
 #1

Hi,

I have chosen to write my dissertation on bitcoin as the technology fascinates me.

What types of businesses could currently benefit from introducing bitcoin as a payment scheme?

Thanks
1513301830
Hero Member
*
Offline Offline

Posts: 1513301830

View Profile Personal Message (Offline)

Ignore
1513301830
Reply with quote  #2

1513301830
Report to moderator
1513301830
Hero Member
*
Offline Offline

Posts: 1513301830

View Profile Personal Message (Offline)

Ignore
1513301830
Reply with quote  #2

1513301830
Report to moderator
1513301830
Hero Member
*
Offline Offline

Posts: 1513301830

View Profile Personal Message (Offline)

Ignore
1513301830
Reply with quote  #2

1513301830
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
laowai80
Member
**
Offline Offline

Activity: 98


View Profile
October 30, 2013, 03:35:41 PM
 #2

Short answer: any business could benefit from using bitcoin, maybe except for banking business Smiley

Long answer: first of all it's being adopted by online businesses such as web design, web programming, hosting, server administration, domain registration, etc. since bitcoin is a 'virtual space' currency. But if these tech-savvy business owners also introduce enough non tech savvy people to bitcoin, brick and mortar businesses can also endorse it. Especially this can be beneficial for them in times of hyperinflation, they can lock in their supply prices and maintain a more stable price structure for their customers than if they used a depreciating currency. Another benefit is, your account can't be frozen at someone's whim resulting in your business being unable to operate, like it recently happened in Cyprus.
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!