Sentences with phrase «of accepting bitcoin for»

The move was announced on the city's official website, which characterized the initiative as a means to assess the efficacy of accepting bitcoin for public obligations that cost 200 francs (roughly 0.44 BTC at press time) or less.

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«The processing time is about 30 seconds and there's no sales tax,» says Dan Lee, the general manager of Green Avenue Market, one of five family - run businesses in Brooklyn, N.Y., which have accepted Bitcoin for close to a year.
While today there may be a lot of buzz about Bitcoin and most businesses are well versed in accepting electronic and mobile payments, customers over the course of history have used a lot of different methods to pay for goods and services.
Meanwhile, authorities in the Swiss towns of Zug and Chiasson have experimented with accepting Bitcoin for taxes and municipal services.
A more niche web site CoinFunder also accepts Bitcoin crowdfund payments, but for a more major platform like Pozible to accept Bitcoin is an indication of the growing popularity of the online currency.
Chris Slowe, chief technology officer for the site, which is one of the most active hubs of Bitcoin enthusiasts, told Cheddar it was Coinbase's migration to a new platform that led to the Bitcoin ban in late March, but ongoing site changes at Reddit should allow it to accept crypto payments again.
Although the lack of jurisdiction over Bitcoin and its links to money laundering and illicit marketplaces have raised more than a few eyebrows, the currency offers a simple way for legitimate businesses such as small retailers and professional service providers to accept payments for international sales without facing onerous credit card fees or exchange - rate surcharges.
In order for bitcoin to be a real currency, Adeney claims, it must be three things: easy and frictionless for trading between people, widely accepted as a legal tender for all debts (both public and private) and stable in terms of value.
The way it works is if a customer has Bitcoin but wants to buy an item from a merchant that accepts USD, at the point of transaction, through a process, Bitcoin is exchanged for USD at the going rate and the merchant receives USD.
The current minimum size required for bitcoin transactions to be accepted by the Bitcoin network is 0.00000546 BTC (Bitcoin)-- much less than fractions of a penny at today's bitcoinbitcoin transactions to be accepted by the Bitcoin network is 0.00000546 BTC (Bitcoin)-- much less than fractions of a penny at today's bitcoinBitcoin network is 0.00000546 BTC (Bitcoin)-- much less than fractions of a penny at today's bitcoinBitcoin)-- much less than fractions of a penny at today's bitcoinbitcoin price.
So my point is if the promise that we buy into is that Bitcoin will become a widely accepted currency in and of itself one day, and that it will account for a huge percent of international transactions, thereby realizing its potential value, we need to also accept that the potential has not yet been realized and right now, in the midst of this euphoria, 90 % of buyers are just trying to get rich quick in dollar terms by trading it.
The company helps thousands of merchants accept Bitcoin payments for their goods and services.
Users of NetSuite can now accept bitcoin payments and account for bitcoin transactions through our partnership with certified NetSuite integrator BTC4ERP.
We are excited to announce that we now accept Bitcoin digital currency and you are now able to pay for all of your favorite No - IP services with Bitcoins!
BitcoinStore only accepts Bitcoin as payment for it's wide selection of products.
Accepting Bitcoin and offering up to 50 % off on Bitcoin Black Friday, Mixed Tees has a good selection of clothing for the tech junky in your life.
Shiny Leaf is now accepting Bitcoin cash as another method of payment for purchases made on the website.
For those that aren't aware, NameCheap was one of several large internet based companies that decided to accept Bitcoin earlier this year.
The Dogecoin community is known for its philanthropic campaigns; some of the world's largest charities have started accepting Bitcoin donations as well.
Very few people accept cryptocurrency for normal business transactions, though there are some places known as «Bitcoin islands» where groups of businesses banded together to create destinations for people to spend their Bitcoin fortunes.
As previously reported by ETHNews, Zug began accepting bitcoin payments for city fees of up to 200 Swiss francs (~ $ 200 USD) in July 2016.
The range of products that can be bought for Bitcoins has grown significantlysince the beginning of 2014 as more and more large online retailers have followed their customers» demands to start accepting Bitcoin payments.
A spokesperson for Indiegogo told ETHNews via email that the platform's ICO - fundraisers will accept payment in the form of bitcoin and Ether.
South Korean bitcoin exchange Korbit has cut a deal to accept bitcoin for one of the biggest media and entertainment companies in...
Admittedly, one could make the same argument about gold, but gold has been widely accepted by humankind as a thing of value for more than two - and - a-half thousand years — compared to less than a decade for bitcoin.
In July 2016, the city of Zug (the capitol of the canton of Zug) started accepting bitcoin as payment for city fees.
«BitPay plays an important role in the crypto - currency ecosystem by helping consumers, businesses and other financial institutions seamlessly accept and transfer Bitcoin for goods and services in the real world,» stated Max Chee, Head of Aquiline Technology Growth.
Bitcoin merchant - Philippines (PinoyGameStore.com) We are now accepting payments via Bit coin for some of our products.
He said accepting the bitcoin for the purchase was a different way of marketing the homes by getting the properties in front of an untapped group of potential buyers.
Time Inc., publisher of e. g. for People, Sports Illustrated, InStyle and Time, now accepts bitcoin as a payment.
He also became notable as one of the first politicians in the U.S. to accept bitcoin donations for political campaigns.
Coinbase makes bitcoin integration simple by transferring accepted payments into bank accounts and doing all of the currency conversion for them.
when cocacola can make his corporate controled cocacola bitcoins diferent that of gold bitcoins which is controled by Satoshi Nakamoto rules when cocacola can give to their employees free bitcoins for good work and their loyality to company when cocacola can make IPO - s in exchange of cocacola bitcoins and owners of cocacola bitcoins can have real vote power in cocacola structure proportional of their amount of cocacola bitcoins when cocacola can guarantee a minimum exchange value of his cocacola bitcoins to real $ or â «¬ or gold bitcoins and so on and ofcourse if cocacola accept cocacola bitcoins in exchange of his real goods, cocacola bottles...
the demand for bitcoins will be for real only when some real supplier of real goods or services like multinational corporate companies begin to issue bitcoins for free for his loyal customers and in the same time begin to accept bitcoins in exchange for his goods
of if this bitcoins can be the only accepted currency to buy access to corporate private clubs, travel tikets and so on... for example to buy vote power only in exchange of bitcoins...
Since the beginning of the year, a number of well - known retailers, including Overstock, Expedia and Dell, have started accepting Bitcoin for domestic sales through their websites.
«Because we accept bitcoin, we reduce our costs and risks of accepting internet payments, so our site is able to offer the same products for about 1 - 2 % cheaper than our competition,» says Roger Ver, CEO of the Bitcoinbitcoin, we reduce our costs and risks of accepting internet payments, so our site is able to offer the same products for about 1 - 2 % cheaper than our competition,» says Roger Ver, CEO of the BitcoinBitcoin Store.
Additionally, equity crowdfunding sites are able to avoid payment transaction fees for the investor by offering e-check, mailing checks, wire transfer or even bitcoin payment options (we accept all those means of payment).
Dustherus accepts bitcoin for any of their rental equipment through their website.
Bitcoin is accepted as a means of payment for goods and services.
In looking for a food truck that accepts bitcoin, many people would start in San Francisco, a technology hub that is also home to a lot of food trucks.
Platform Reddit plans to accept cryptocurrencies as a payment option for participants of the bonus program, Reddit gold, and this time bitcoin will not be the only option.
A lot of the ICOs now accept Bitcoin, Ethereum, or USD for payment for their coins.
In the case of bitFlyer, the policy would cover losses for retailers that accept bitcoin in the event that a customer transaction doesn't go through due to technical problems.
Most of the bitcoin - accepting merchants are eCommerce businesses, offering services ideal for virtual currency payments such as web hosting, domain registration, VPN services, and digital downloads.
February 19, 2016 — Popcorntime Community Edition, The most recent of Popcorntime's open - source reincarnations, is up in full force, and the developers are accepting bitcoin donations for their trouble.
This company, named Company X, would have little interest in accepting Bitcoin payments unless there was interest from one of the retail stores that frequently purchased merchandise from Company X. Company X would also have no incentive to purchase Bitcoin to pay for materials if its material supplier didn't accept Bitcoin payments.
Accepting Bitcoin does increase overall revenue and results in less fees for transactions, but many companies do not expect that the profits from accepting Bitcoin will exceed the costs of implementing it in the first place and, therefore, choose to spend the money somewhAccepting Bitcoin does increase overall revenue and results in less fees for transactions, but many companies do not expect that the profits from accepting Bitcoin will exceed the costs of implementing it in the first place and, therefore, choose to spend the money somewhaccepting Bitcoin will exceed the costs of implementing it in the first place and, therefore, choose to spend the money somewhere else.
Interestingly, back when various banks, Mastercard, VISA and PayPal all denied financial services to Wikileaks for donations and merchandising needs - it began to accept Bitcoin donations - which was one of the reasons behind Bitcoin gaining mainstream popularity.
Bitcoin Transaction Coordinator allows your business to accept Bitcoin for payment of orders and invoices or use Bitcoin to pay bills (note: disbursements are currently in development) effectively eliminating typical transaction costs imposed by credit card companies.
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