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They had to travel by boat because the plantation limo was out for repairs, and Abla couldn't come because she was too busy using the Bitcoin money Big Bird had sextorted out of his scam victims to acquire new workers
Why my business wont adopt Bitcoin (unless you talk me out of it).
Hey guys this is a very rambling thought not very well structured conversation about using crypto to fund a Holiday as it pertains to the accommodation sector. I have been thinking that companies who believe in the concept of crypto could accept Bitcoin as a form of payment then at the end of every day cash out the majority of the money into cash to pay wages upkeep shareholders etc. For me and my business I would be happy to keep 10-20% of a booking in crypto knowing that if we all did this (all being a small minority of forward thinking technology minded business owners) we would help to increase the adoption of bitcoin and the value of our gambled money would theoritically increase. So if we accept Bitcoin in theory our cancellation policy would still apply. So say someone books a $1500 stay at my business and the value of the coin doubles the person could cancel within thirty days and I would have to give him his money back but would it be at the rate when he booked or at the new higher rate. Similarly if it dropped and I now have less Bitcoin then when they paid for the room they now have scored a sweetly cheap holiday. It just seems like you would have to have a ridiculous policy in place that was either unfair towards the consumer (which would make them less likely to purchase a trip with Bitcoin) or unfair for the business owners which (if a small business running close to the wire on a good day) could be the difference between being open or closed. Not to mention there would be fees associated with the changing of Bitcoin which either means they have to pay a premium to pay with Bitcoin or we would lose money on the room. So when I play all this through my head it seems like it it much more complicated, risky and more likely to leave either a bad experience for us (which hurts us financially) or bad for the customer (who then 1 stars us which also hurts us financially). The only other way I can think of adopting crypto payment method into our business is to have one of our rooms where we only take crypto payments then we just hold that money and hope it gets better with age when we need it or use the profits from other rooms to cover expenses when the Bitcoin experiment fails (as we could probably afford to cover one rooms expenses if we made no money off it). The only reason I would do it was if: There was a market of people who based their holiday on where they could stay and pay crypto (but why would they if there is going to potentially be added expense to pay). Or every other business in the industry was doing it as well (it was so highly adopted in a hot industry that the value had a damn good chance of increasing over time). I don't really know what will come of this post. The Bitcoin sub has really declined over the years. I have watched this from early on without ever putting any of my own money on the line (for better or for worse). Anecdotally I had considered putting $1000 in early on when it was super volitile. I kick myself a little but also know I wouldn't have weathered it going down to almost zero and I would have pulled most of it out before it hit its crazy limits. The best case worse case for me would have been losing $500 or making $2000 or so. So yeah thanks for reading it would be interesting to see if things are being done to mitigate the risk for this area.
Larry Cermak: "[...] the outlook is bleak. The [bitcoin core] halving is in less than 2 months, which will cause a lot of miners to go out of business. The difficulty will adjust and everything will be fine but hash rate will likely drop significantly."
I finally built something ... Our business now accepts Bitcoin!
When asked once if he thought Amazon would ever adopt Bitcoin as a payment method for its business, Adreas Antonopoulos responded that he had no idea and didn’t really care, but then he said, “Why don’t you adopt it? Why don’t you build something?” I heard that a long while ago now and it always sorta stuck with me, but I’m not a developer. I don’t know code (ok, it’s on my to-do list), so I felt I really couldn’t build something. I always thought, besides telling people about Bitcoin (and watching their eyes glaze over as I’d talk about such things like L2 projects), what can I really do? Telling people is actually really good for adoption, but a topic for another day... My wife and I own and operate a small tea business, mainly online. I had built the website for our business and always wanted to be able to accept Bitcoin as payment but struggled to figure out how without paying more than I wanted for a service. I watched with excitement as many reported their new developments on Bitcoin, but I lacked the skills to code something from scratch for myself, so I put the whole thing on the back burner. It was actually some crypto Reddit users that were using a fairly simple method of running an online business utilizing a simple method of crypto-integration, and it showed me that I had been over-thinking it. It didn’t need to be fancy or ingenious, just presentable and functional. Maybe down the road I’ll find myself running a Lightning node or something, but for now we kept it really simple. We’re all trying help in our own ways toward development and/or adoption, so this was my own small attempt. So I’m happy to say that we have joined the growing list of merchants willing and eager to accept Bitcoin as payment! Our company website is www.inistea.com (the link to the crypto payments page is under the homepage banner). It sorta operates like an old mail-order catalog, so the phrase “crude yet effective” is appropriate here. But it gets the job done and beats not doing anything, in my opinion. Obviously you’ll see that we decided to accept other things than Bitcoin -out of business prudence. We’re also offering a 20% discount to further provide incentive for people to try it out. In addition to furthering the adoption of Bitcoin to our customers, our business is currently set up to raise money for a different sort of adoption... The adoption of a child to our family from the Philippines. I think we sometimes get lost in why we all believe crypto is a worthwhile thing. We get lost in the price and the markets and forget that we’re trying to improve the world in a certain way. Sure there are the get-rich-quick folks around, but for those of us who truly love the tech... Why all the passion if we didn’t actually believe it was going to help people in a myriad of ways? Well, just maybe here’s one more way crypto might help lives, perhaps in a more unexpected way.
I built (& am currently testing) a Bitcoin Cash merchant directory that allows anyone to sign up and submit merchants. Check it out, let me know what you think, and feel free to sign up and add some of your favorite BCH accepting businesses!
Just tried out the HandCash wallet and it looks and handles great (big fan of the green). Withdrawed BCH from Coinex for ZERO fee and had my money in a few seconds. Bitcoin Cash is getting ready for business!
@FaithGoldy: RT @business: "Bitcoin is a bit like the immortal undead. Every time you think it's dead and buried, it just kind of jumps back out again." @EdVanDerWalt weighs in on Bitcoin's sudden spike https://t.co/neiEu6FbuO https://t.co/MhkkrZtGV5
A Bitcoin ATM was just installed at a New York City deli, on West 58th Street & 10th Avenue – Monday, Dec. 28, 2015. This place gets a ton of business during the day, so a whole lot more people are going to be finding out about Bitcoin!
Individuals, businesses, developers: learn from our simple Bitcoin guides. How Bitcoin works, what is Bitcoin, what is blockchain, how to buy Bitcoin, what is Bitcoin mining and more. Other reasons to take out a Bitcoin backed loan include acquiring funds to travel the world, buy a home, diversify a portfolio by investing in other asset classes, invest in a business, or pay off other high-cost debt. So, once a user has weighed the pros and the cons of taking out a Bitcoin-backed loan, they can look at some of the following In my last column, I reported that the IRS is going after people who trade bitcoin and other virtual currencies — and didn’t bother to pay tax on their gains. In fact, I’m told the IRS sent Although bitcoin has become increasingly more stable over time, even recently beating out gold, it's still fundamentally a currency that isn't overseen by a single financial institution. If the There's a lot of confusion around how bitcoin is taxed, but there needn't be: Crypto assets like bitcoin enjoy remarkably favorable tax treatment from the IRS.
The Only Guide to How to Start a Bitcoin Mining Business
Bixin is a major player in the mining space with over 300 MW and in the wallet space with one of the most popular consumer wallets in China and operates a bitcoin denominated crypto fund of funds ... Starting My Bitcoin ATM Business Part 3 - Duration: 5:45. Derek Lester 1,594 views. ... Make Double Sided Rings out of Coins - Tips for Beginners - Duration: 13:18. fencekid Recommended for you. “Bitcoin Could Go to $1,000,000” Says Kraken’s Head of Business BTC Model Predicting $100K by 2021 - Duration: 19:50. Crypto News Alerts 2,551 views 19:50 Find out why Close. ... Bitcoin Will Put All the Regulators Out of Business Vision Tree. ... #cryptomining #crypto #blockchain #blockchainnews #blockchaintechnology #learncrypto #bitcoin # ... “Bitcoin will never let you take out more then you invested” Shift Debit Card Is Gone But I Will Upload A New Card If you withdraw under $1000 you will not need ID