
“Having the latest technology can help a small company stand out against the competition. And that is perhaps the biggest reason Bitcoin, a nascent system using virtual currency to make payments online, has drawn a strong following among small-business owners. It is unclear if business transactions were part of the original vision for Bitcoin, which was started in 2009 and isn’t backed by a central bank. BitPay Inc., an Atlanta firm that processes Bitcoin payments, says it has signed up more than 8,000 merchants world-wide—all small companies—since it formed in May 2011.”
http://online.wsj.com/article/SB10001424127887323300004578559941389131384.html
Related posts:
Tech Industry Sets Its Sights on Gambling
Ex-Goldman Sachs trader charged with $118 million trading fraud
China's State Press Calls for 'Building a de-Americanized World'
Switzerland among top three 'happiest countries'
Swansea police pay $750 "ransom" after computer virus strikes
Health Insurers Will Be Charged 3.5% to Use Federal Obamacare Exchanges
Pharma firms paid East German state to test drugs on population
Officials: 80 Percent Of Recent NYC High School Graduates Cannot Read
Settlement after officer Tasers handcuffed suspect, threatens with AR-15
Insurance Executives Meet With Obama Staff on Fixing Health Exchange
Thousands flood Istanbul’s protest square after police clashes
Mississippi to lure French tax dodgers?
Fired Fort Worth officer indicted for stealing $20,000 from business
Hong Kong says Snowden has left the country despite U.S. extradition request
Homeland Security's Future Home: A Former Mental Hospital