“Today, consumers are using them at coffee shops, hotels, online stores and even, in some cases, to run their businesses. And every day, dozens more companies are offering to let consumers spend or receive bitcoins for goods and services. In downtown Palo Alto, people can use their bitcoins at Coupa Cafe, a hot spot for students and entrepreneurs. When they approach the counter to pay and order, they can get their price in dollars or bitcoins. Over the last four years, the currency has been elbowing its way from the digital ether into popular use — simply because people, companies and organizations have decided to believe that it has value as a currency.”
http://www.latimes.com/business/la-fi-bitcoin-boom-20131209,0,4927948,full.story
(Visited 32 times, 1 visits today)
Related posts:
NYC health board bans super-sized, sugary drinks
Should you lose your gun rights if you visit a shrink?
Why Apple Has to Borrow $17 Billion
The Company Making Billions Off China’s Worried Parents
Stockbroker saves his life by smoking 130,000 government-issued joints
Berliners lead the way in use of bitcoin
Sexual predator investigator probed for sex with teenage boy
Texas Comptroller Susan Combs: Debt Excess Even Lives in Texas
Unidentified detainee mysteriously dies at Guantanamo Bay
China is mining data directly from workers’ brains on an industrial scale
High frequency trader fined more than $3m by regulators
Where did $50 million in RNC grants go? A lot of places
India & Iran drop dollar in oil trade to bypass US sanctions
Australian inquiry says digital currencies are real money
Student protest in Mexico turns violent, 176 arrested