It seems like there is more news about currencies today than ever before. The US dollar is being challenged as the global currency of record and at the same time Bitcoin is mounting an increasingly serious challenge to all national currencies.
Recently Dell announced that it would accept Bitcoins as payment. The computer-making behemoth joins a group that includes Overstock, Newegg, Expedia, Dish Networks, and CheapAir. For web retailers, offering a Bitcoin payment option is another way to enhance the customer experience.
Bitcoin is a peer-to-peer decentralized digital currency which purports to be secure and low-risk. For merchants it has the added advantage of offering very low or even no transaction charges. Try finding that with a standard credit card processor.
Although it is certainly gaining popularity among merchants, Bitcoin is even more popular as an investment. Many individuals are buying Bitcoins and holding on to them just as they would gold. Bitcoins hit a high of nearly $1,150 in 2011 and today are hovering above $600.
http://www.business2community.com/customer-experience/save-money-engage-customers-bitcoins-0963904