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Accept Bitcoin to create a buzz?
Tonearm




msg:4628515
 11:33 pm on Dec 6, 2013 (gmt 0)

Do you guys think accepting Bitcoin (and possibly other cryptocoins) at this point in time could create a buzz around your company since there aren't that many merchants doing so yet?

 

Marshall




msg:4628625
 3:24 pm on Dec 7, 2013 (gmt 0)

My question is how many people are using them? My experience is the average John Q. Public does not even know what they are.

Marshall

Tonearm




msg:4628659
 9:03 pm on Dec 7, 2013 (gmt 0)

The people writing articles and posting stuff online are the people who know about them.

HRoth




msg:4628674
 11:02 pm on Dec 7, 2013 (gmt 0)

My concern would be that it would attract unwanted attention from certain entities.

Marshall




msg:4628745
 2:26 pm on Dec 8, 2013 (gmt 0)

This article may be of interest
I Bought Everything on My Christmas List with Bitcoin [newsfeed.time.com]

Marshall

Tonearm




msg:4628754
 3:53 pm on Dec 8, 2013 (gmt 0)

My concern would be that it would attract unwanted attention from certain entities.

I'm concerned about that too, but it's that concern that is keeping so most merchants away at this point, so it's that concern that creates the opportunity.

Marshall




msg:4628759
 4:33 pm on Dec 8, 2013 (gmt 0)

This article relates to the use of Bitcoin on the "deep" web where a lot of people use TOR to surf. The negative publicity about Bitcoin in this article would given even some of its most stauntious supporters pause.

Why The Deep Web Has Washington Worried [swampland.time.com]

"From online drug bazaars to virtual currency tax shelters, the growing anonymous web has many corners of Washington concerned"

"The policy problem is compounded by Bitcoin, which represents another set of jurisdictional tangles for Washington. The Senate Homeland Security Committee, officials tell TIME, plans on holding hearings on Bitcoin within the month."

Marshall

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