“Cash, credit or…Bitcoin? Toowoomba barbershop owner Mitch Brownlie is bringing in a cutting-edge method of payment to his businesses – the online currency of Bitcoins. Mr Brownlie said his interest in the currency had come from the inconvenience of handling cash as a business owner. ‘You always have to worry about the cash, getting it to the bank. Getting both shops down to the bank, every day, is really inconvenient. Realistically, people get their wages direct into account, Centrelink directly into their account, why not pay directly from there?’ To pay by Bitcoin, a customer would scan a QR code at the salon with their smart phone.”
http://www.thechronicle.com.au/news/cashing-in-on-bitcoin/2145319/
Related posts:
HSBC paying $2 billion to avoid charges in drug cartel laundering case
After vote, China tells Taiwan to abandon independence "hallucination"
Guardian teams up with New York Times over Snowden documents
When Police Violate the Constitution
‘Run and hide’ is Obama administration’s clever plan for next school shooting
Federal security forces at the Super Bowl
Lawsuit Alleges IRS Improperly Seized 60 Million Personal Medical Records
Venezuela issues ID cards to curtail food hoarding
Erosion of Argentine Peso Sends a Shudder Through Latin America
Palestinians can now order Kentucky Fried Chicken via tunnel to Egypt
ATM of the future: No cards, no buttons
Raul Castro promises end of an era in Cuba as he steps down as country’s president
What does a police state look like?
China produces as much CO2 per person as Europe
Seizing epileptic boy's cannabis oil at Heathrow signed his death warrant: mother