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Author Topic: [2014-06-14] Global Finance magazine coverstory: Is Bitcoin Good for Business?  (Read 802 times)
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June 17, 2014, 07:52:21 PM
 #1

Not exactly groundbreaking, and a few misleading statements, but it's a somewhat positive take on bitcoin and noteworthy that it is the cover story:

http://www.gfmag.com/magazine/june-2014/bitcoin-good-business

Quote
Still in their infancy, cryptocurrencies could change the way that companies manage payments for the goods and services that are the essence of global trade. As the bitcoin surge picks up momentum, corporate financial executives are wondering what it means for their business and how they can manage the risk of adopting—or not adopting—digital currencies.


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June 17, 2014, 10:27:33 PM
 #2

...but by ignoring them, they may be missing a huge opportunity.

That theme ("you might miss the Big One") will be seen much more the next couple of years.
I'm not sure "the moon" will be big enough for BTC.  Cheesy


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June 18, 2014, 03:31:34 AM
 #3

I'll just quote Ghandi on this one
First they ignore you
Then they laugh at you
Then they fight you
Then you win

That is basically what this article is discussing and those businesses will not know what they are missing out on until it gets to big for them to ignore it anymore.

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June 18, 2014, 06:20:48 AM
 #4

If they are increasing the revenue and decreasing the fees, then definitely they are doing something good for the businesses. (I mean for all the businesses with the exception of banks).

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Re: [OPEN]Stake.com NEW SIGNATURE CAMPAIGN l NEW PAYRATES l HERO & LEG ONLY
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June 19, 2014, 05:45:13 PM
 #5

It is very interesting article. IMO, the most valuable info is "GLOBAL REGULATORY STATE-OF-PLAY"
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June 19, 2014, 05:48:24 PM
 #6

I'm surprised that Bitcoin used in Israel. I thought this country is "closed-to-innovation"
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June 19, 2014, 06:06:41 PM
 #7

nice list at the end of the article

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June 19, 2014, 06:31:36 PM
 #8

here is another list:

http://en.wikipedia.org/wiki/Legality_of_Bitcoins_by_country

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