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Author Topic: A list of btc accepting store that keep more than 50% of profits in btc ?  (Read 901 times)
glub0x (OP)
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October 09, 2014, 04:49:17 PM
Last edit: October 09, 2014, 08:36:15 PM by glub0x
 #1

It is all in the title...
That would help shopping!
Also a list of company having (at least partly) staff member paid in btc?

thanks

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ebliever
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October 09, 2014, 05:13:39 PM
 #2

I doubt if the bitcoin ecosystem is mature enough that anyone is keeping over 50% of the BTC they earn. Fiat is still needed to pay most business expenses, I'm guessing. There are a few examples of some employees being paid in BTC though.

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polynesia
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October 09, 2014, 05:43:51 PM
 #3

I doubt if the bitcoin ecosystem is mature enough that anyone is keeping over 50% of the BTC they earn. Fiat is still needed to pay most business expenses, I'm guessing. There are a few examples of some employees being paid in BTC though.

Agree. Or they should have ridiculously high margins.  Smiley
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October 09, 2014, 05:52:52 PM
 #4

overstock.com keeps 10% of all their bitcoins sales in the form of bitcoins. I think that is a WIN as they have a huge turn over. For others they should consider giving something back or keeping some for sure. Though soon it wont matter as the ecosystem speeds up to a point that it is being bought and used as much as it is being traded for fiat.

Cheesy

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bornil267645
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October 09, 2014, 05:56:18 PM
 #5

I still haven't heard of such services, but hoping for that matured economic community.

glub0x (OP)
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October 09, 2014, 08:35:26 PM
 #6

I doubt if the bitcoin ecosystem is mature enough that anyone is keeping over 50% of the BTC they earn. Fiat is still needed to pay most business expenses, I'm guessing. There are a few examples of some employees being paid in BTC though.
Sorry bad english i meant  profit.
I don't expect anyone to pay business expense with bitcoin they kept, that's why i ask about keeping profit.
Instead of keeping it in fiat a company could very well keep it partly in form of bitcoins before reinvesting it later (by selling probably).
This is just taking risk on the  profit not the turnover ...

The cost of mediation increases transaction costs, limiting the
minimum practical transaction size and cutting off the possibility for small casual transactions

Satoshi Nakamoto : https://bitcoin.org/bitcoin.pdf
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