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December 02, 2013, 11:31:02 PM |
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Back when I first got into bitcoins, a few members here and I got into the discussion of involving bitcoins in the music industry... it never really took off. (At least personally).
I bought a bagel, paid a cell phone bill, gave away some bitcoins on the air (radio) and sadly gambled the rest away on Seals...
So the question is this:
Currently, at my company, our "average" radio on air sales package costs about $2000 per month. We have smaller and we have bigger. So we'll put the average at $2000 per month for a typical on-air package.
I would be more than willing to begin accepting bitcoins (as a majority of our client base are .coms, national companies, computer geeks, etc), but here in lies the issue: Are BTC at the point where there is ANY stability?
It would be quite a loss of investment to print out 1000 Ad-Rate Cards for clients, that say 2BTC as a price, only to have value plummet by half and we'd have to effectively raise our price to 4BTC. (This would APPEAR to be horrible on paper)
I would imagine this is the same challenge a local deli would face selling a bagel, in say, Manhattan for .0002 btc.
Obviously this option would only be plausible to customers already very familiar with bitcoin, as they'd need about 2 of them to purchase one package, so it would be heavily labeled as "an option"
Can you name any current Radio Stations accepting BTC? I haven't found any. Can you name any regular businesses accepting BTC currently (with the knowledge of how they control prices through marketing)?
And please... any ideas... I need 'em.
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