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Because the cost of accepting them and converting them to currency is less than the transaction fees of credit cards or PayPal. If you don't need to convert to
by oscilloscope 14y ago
Because the cost of accepting them and converting them to currency is less than the transaction fees of credit cards or PayPal. If you don't need to convert to cash right away, then the transaction fees are very low indeed.
- citricsquid 14y agoNot for reddit: So far we're spending more money on accountants handling the non-trivial reconciliation of our BTC transactions than revenue we're making in Bitcoin, haha. Hopefully it will get better. http://www.reddit.com/r/Bitcoin/comments/19t3uq/hey_rbitcoin_you_asked_for_some_stats/ http://www.reddit.com/r/Bitcoin/comments/19t3uq/hey_rbitcoin...