4 ms·
We at prgmr.com started accepting bitcoin recently via bitpay, and I think that a payment gateway like bitpay which allows you to accept bitcoin without actuall
by sn 11y ago
We at prgmr.com started accepting bitcoin recently via bitpay, and I think that a payment gateway like bitpay which allows you to accept bitcoin without actually having to hold bitcoins at any point make a huge difference. In the US, bitcoin counts as property which means you can have a capital gain or loss when it is exchanged later, which can become an accounting headache.
The reason we first started really thinking seriously about bitcoin was because existing customers weren't able to get very many US dollars anymore due to economic restrictions in their home country, and without offering bitcoin they couldn't pay us. As long as these sorts of economic constraints exist, there will be a market for bitcoin.
- hollerith 11y agoEconomic restriction imposed by the government of the home country or imposed by Western governments?