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Author Topic: Expedia Accepts Bitcoin  (Read 3647 times)
ShakyhandsBTCer
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June 17, 2014, 04:00:51 AM
 #61

I would not consider the exchange provider that expecia is using (I think it is bitpay) to be shady.

Expedia is using Coinbase, not Bitpay. Why you would not consider them? Coinbase is run by very trustworthy people, and they have done a lot recently to spread the popularity of Bitcoin, such as their bitcoin giveaway for the college students.

I said that I do not consider bitpay (and coinbase) to be shady.

Coinbase really has done a lot to promote bitcoin and the college promotion was likely very profitable for them (in terms of sales from new accounts) and likely got a lot of smart people interested in Bitcoin
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June 17, 2014, 04:52:33 AM
 #62

^ Currently coinbase complies with KYC/AML, and is backed by some pretty big names in the financial market. They're still relatively new for a large company, but they seem pretty stable and reliable already.

There are no big companies that accept bitcoin that does NOT use a btc payment processor. They simply don't have the infrastructure to do it themselves, because processing crypto currency is nothing like Visa/Mastercard.

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June 18, 2014, 03:58:28 AM
 #63

^ Currently coinbase complies with KYC/AML, and is backed by some pretty big names in the financial market. They're still relatively new for a large company, but they seem pretty stable and reliable already.

There are no big companies that accept bitcoin that does NOT use a btc payment processor. They simply don't have the infrastructure to do it themselves, because processing crypto currency is nothing like Visa/Mastercard.

This is also because most big companies do not really have any way to pay their bills in bitcoin.

Expedia may accept bitcoin but United airlines, or American airlines do not, the Hilton does not, Hertz does not. As more companies accept bitcoin more large companies will be able to accept bitcoin and use that same bitcoin to pay their other suppliers.

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June 18, 2014, 04:06:29 AM
 #64

This is only the beginning...but definitely a trend confirmation for other big online merchants to accept Bitcoin in the near future.

Momentum is gaining....soon you will see bitcoin mentioned in TV commercials (infomercials).

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June 18, 2014, 05:53:09 AM
 #65

I said that I do not consider bitpay (and coinbase) to be shady.

Coinbase really has done a lot to promote bitcoin and the college promotion was likely very profitable for them (in terms of sales from new accounts) and likely got a lot of smart people interested in Bitcoin

Oh... sorry for the misunderstanding. And their college promotion (with the .edu BTC give-away) was really great, although they limited the freebies to the American students.  Grin
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