aVaLON_52
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- ᴄʀɪᴍꜱᴏɴ ᴅᴇᴠɪʟꜱ
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- Avalon Butterfly Erupter
Wanted to start a thread solely regarding this topic; feel free to express your viewpoints.. just please keep the drama to a minimum. The question is simple.
If you're not already aware; many major retailers are now accepting Bitcoin
>> See the growing list here <<
To name a few that you may be familiar with:
Some companies; want to accept Bitcoin but fear the volatility of the currency. To hedge this, what they will do is accept Bitcoin and then immediately turn every transaction into it's local currency in order to mitigate any potential for loss (something to consider MA).
Other PRO's that I can think of off the top of my head:
MA if you happen to come across this thread; I hope you can take this into consideration.
Note: In this thread I am obviously referring to Bitcoin; other cryptocurrencies are not out of the question, but seeing how it is Bitcoin has the largest market cap and is most well known, that is the coin I am using as reference.
************************EDIT: ADDITION 9/21/14*************************
And here's how MA can ACCEPT Bitcoin for deposits with NO RISK
https://bitpay.com/
If you're not already aware; many major retailers are now accepting Bitcoin
>> See the growing list here <<
To name a few that you may be familiar with:
- Newegg
- Paypal
- Overstock.com
- Dish Network
Some companies; want to accept Bitcoin but fear the volatility of the currency. To hedge this, what they will do is accept Bitcoin and then immediately turn every transaction into it's local currency in order to mitigate any potential for loss (something to consider MA).
Other PRO's that I can think of off the top of my head:
- Little to no transaction fees
- Applies to everyone on a global scale
- Fast transaction (little to no delay)
- Secure >> Here's some useful information, even for the Bitcoin enthusiast.
MA if you happen to come across this thread; I hope you can take this into consideration.
Note: In this thread I am obviously referring to Bitcoin; other cryptocurrencies are not out of the question, but seeing how it is Bitcoin has the largest market cap and is most well known, that is the coin I am using as reference.
************************EDIT: ADDITION 9/21/14*************************
And here's how MA can ACCEPT Bitcoin for deposits with NO RISK
Bitpay said:Charge $1, get $1.
Instant conversion, no transaction fee, and bank deposits in US Dollars, Euros, GBP, CAD and more. We take the bitcoin exchange rate risk, your customers get the best rate on the market, and you get a payment you can count on, every time. Conversion & Bank Deposit ›
https://bitpay.com/
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