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This headline is misleading. Anyone "accepting bitcoins" though one of coinbase / bitpay / gyft / whatever is NOT accepting bitcoins. They are accepting a thir
by malloreon 12y ago
This headline is misleading. Anyone "accepting bitcoins" though one of coinbase / bitpay / gyft / whatever is NOT accepting bitcoins.
They are accepting a third party who will stand in front of them and accept bitcoins in exchange for dollars. There is a big difference.
- bitJericho 12y agoYeah, just like companies using payment processors are not accepting credit cards but instead are accepting a third party who will stand in front of them and accept credit card transfers in exchange for dollars.