“Start-ups like Berlin-based 9flats.com, a ‘share economy’ platform, say that the Bitcoin concept is working in their favor. ‘The main advantage for our business is that we do not lose money on transaction fees because with Bitcoin there are none,’ said Alexander Lossenko, lead developer at 9flats.com. To avoid the risk of devaluation and strong fluctuation in Bitcoin prices, companies like 9flats.com often use services that convert bitcoins into euro or dollars instantly. ‘It also opens new markets for us. In Russia, for example, PayPal does not exist, so Bitcoin offers another alternative for payments,’ Lossenko added.”
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
Rich Chinese and Russians Flock to Germany to Spend
Deadly Attack in Libya Was Major Blow to C.I.A. Efforts
FBI will give Congress 'silent treatment' for leaking FISA surveillance memo
Congress still at near-record low approval rating
Yemeni journalist who reported U.S. drone strike released from jail
A City of Fear: A Visit to Timbuktu after Its Liberation By French Troops
FBI: Driverless cars good for surveillance but could be deadly weapons
Former President Bush praises President Obama on counterterrorism and immigration reform
Hong Kong protesters back Edward Snowden, denounce allegations of U.S. spying
Virtual cash is no threat to the real thing, Bank of Canada paper says
Mysterious Algorithm Was 4% of Trading Activity Last Week
China's biggest jeweller sees gold in the masses
Obama's Speech Against The Iraq War [2009]
Bitcoin Futures Surge In First Day Of Trading
British scientists use urine to charge cell phone