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Every business I hear about that starts accepting bitcoin does so through a third party exchanger - so companies are still getting paid in USD. That doesn't cou
by slinkyavenger 14y ago
Every business I hear about that starts accepting bitcoin does so through a third party exchanger - so companies are still getting paid in USD. That doesn't count as a bitcoin accepting company.
- Anderkent 14y agoCan I pay with bitcoin? Yes. Then it is a bitcoin accepting company. I don't care if they use someone else for the infrastructure and sell the bitcoins immediately.
- slinkyavenger 14y agoThat's called going through a re-seller. Of course, they also make sure to get a cut. Still just about anyone not doing business below the table is going to prefer USD, or some other state-backed currency.
- mrb 14y agoIt is irrelevant whether people who spend bitcoins do it through a payment processor or not. You argued that "nobody spends bitcoins", and I wanted to show you why this specific statement is wrong. Payment processor or not, people do spend coins.