Sentences with phrase «accept bitcoins as payment if»

New York City would become the first major municipality in the country to accept Bitcoins as payment if a Manhattan Councilman Mark Levine gets his way.

Not exact matches

If Y has a POS system that can integrate Bitcoin with little to no cost, then it is likely that the coffee shop will accept Bitcoin payments, as it should expect to increase overall revenue.
Additionally, FinCEN claimed regulation over American entities that manage bitcoins in a payment processor setting or as an exchanger: «In addition, a person is an exchanger and a money transmitter if the person accepts such de-centralized convertible virtual currency from one person and transmits it to another person as part of the acceptance and transfer of currency, funds, or other value that substitutes for currency.»
That means if you install this machine in the shop, restaurant or any other business location, it can start accepting Bitcoin (or other cryptocurrencies) as a payment method without need to purchase any other hardware, software or integrating with any other third - party service.
If you are looking to co-locate your equipment in a secure Data Center in Europe that accepts Bitcoin as a payment method, CoinsHOST is at your service.
Regarding Bitcoin Price Predictions, Angel Investor Vinny Lingham had this to say «If the banking system as well as sovereigns such as Russia and China move to accept bitcoin as a partial alternative to the USD and the traditional banking and payment system, then we could see bitcoin easily triple over the next year going from the current $ 700 level to + $ 2,100 as the blockchains decentralised system, an inability to dilute the finite supply of bitcoins as well as low to no transaction costs gains more traction and acceptance globally.Bitcoin Price Predictions, Angel Investor Vinny Lingham had this to say «If the banking system as well as sovereigns such as Russia and China move to accept bitcoin as a partial alternative to the USD and the traditional banking and payment system, then we could see bitcoin easily triple over the next year going from the current $ 700 level to + $ 2,100 as the blockchains decentralised system, an inability to dilute the finite supply of bitcoins as well as low to no transaction costs gains more traction and acceptance globally.bitcoin as a partial alternative to the USD and the traditional banking and payment system, then we could see bitcoin easily triple over the next year going from the current $ 700 level to + $ 2,100 as the blockchains decentralised system, an inability to dilute the finite supply of bitcoins as well as low to no transaction costs gains more traction and acceptance globally.bitcoin easily triple over the next year going from the current $ 700 level to + $ 2,100 as the blockchains decentralised system, an inability to dilute the finite supply of bitcoins as well as low to no transaction costs gains more traction and acceptance globally.»
That means if you install this machine in the shop, restaurant or any other business location, it can start accepting Bitcoin (or other cryptocurrencies) as a payment method without need to purchase any other hardware, software or integrating with any other third - party service.
If you're a user of discount drink app Hotspot, you can begin to use bitcoin as an accepted form of payment to pay for your drinks.
They'll need to feature universal payment options (not just Bitcoin) if they're going to be accepted as a mainstream product, but as long as the vendors can assure all sides of the purchase (customer and store) that Bitcoin is a viable alternative to the current implementation of credit and debit cards, shopping with the cryptocurrency could be a whole lot easier in just a few short years.
If rumours are to be believed than Amazon.com will soon be accepting Bitcoin as a payment medium.
More specifically, bitcoin is really only useful (and therefore valuable) if people accept it as payment.
For example, if a large retailer like Amazon.com were to begin accepting bitcoin as payment, they could then choose to turn around and pay employees in whole or in part in bitcoin.
Simply put, if one day a large number of merchants who accept bitcoin as a form of payment stop doing so, then the value of bitcoin would fall drastically.
Even if you happen to have dozens of Bitcoins available and you'd like to spend the profit you've made on them on a new car, the car dealership probably doesn't have the infrastructure to accept them as payment (although a private seller might!).
I think we are in the belief that Bitcoin is Bitcoin, in other words... it does not have to be a super perfect technological specimen for it to have its value, we believe due to that fact that IT IS Bitcoin makes it have its value and people accept and want Bitcoin, so even if my transaction takes one minute longer than another technology, etc I don't care because, as far as the digital currency world and payments... it's the one and only «Bitcoin» which people have come to trust, does that make sense and do you agree?
If deals with Japanese companies are pursued as planned, more than 300,000 Japanese merchants could soon accept Bitcoin in the country and tens of thousands of convenience stores could start offering Bitcoin as an official method of payment.
The 2015 letter asked if in the exercise of its activity it would accept bitcoin as a means of payment.
Another fan, 43 - year - old Hiroshi Kasahara, who runs an ad agency, said: «I have been trading stocks and forex but not bitcoin or other virtual currencies as I was a bit scared of them... But [now] I feel like opening an account» if the group accepts payment only in bitcoin, he was quoted by Arab News.
Many people find that the best way to get bitcoins is to accept them as payment for the products or services they already sell and if you prefer anonymity or don't want bank hassles, the easiest option to acquire bitcoin is to make a face - to - face trade with a local seller.
If you own bitcoin or any other cryptocurrency, you probably already know that there is a limit to the number of companies that will accept cryptocurrency as payment.
A lot of merchants today accept popular cryptocurrencies as payment, especially if you're paying with a popular currency like bitcoin.
Take for example the benefits of accepting bitcoin as a nonprofit, and if bitcoin was adopted more widely including through payment protocols, the impact it could have globally could be very significant.
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