I am asking because some friends and I are looking at setting up a business that would accept BTC for purchases but it just doesn't work unless we can quickly, reliably and for a low (or at least reasonable fee) convert back to fiat.
Unfortunately it just doesn't work for us any other way because our suppliers don't take BTC. It seems this whole issue of exchanging is a real stumbling block.
This would be for a very legit corporation operating outside of the US but with everything on the up and up absolutely 100%.
This is not to be confused with the question in my other thread (
https://bitcointalk.org/index.php?topic=341885.0) which was more about having some dry powder (i.e. fiat) in a trading platform that would allow me to buy some coins from time to time when I felt the price was right but maybe trade back and forth a little. I still never really came to a clear cut conclusion there either. My main interest was not getting fiat back out but I noticed that a lot of people said "that's hard". Why? This seems like it's seriously inhibiting the adoption of bitcoin as a legit currency/solution. How can we fix this?
Thanks.