“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:
Maduro’s ‘occupy retail’ cry comes as Christmas gift
Roger Waters backs Bulgarian protesters during performance of ‘The Wall’
China 'Singles Day' has shoppers ready to spend big
French capital flight spikes as Hollande hits business
French military seeks ‘total reconquest of Mali’
IRS’s Shulman had more public White House visits than any Cabinet member
Al Qaeda militants flee Iraq's Abu Ghraib in violent mass break-out
Britain on course for more economic stimulus
Number of Chinese becoming US citizens declines
Syria strike could bring Raytheon payday
Reuters: U.S. cyberwar strategy stokes fear of blowback
Indian man buys $230,000 solid gold shirt as investment
China Now General Motors' Biggest Market
Debt crisis: central bank action is work of the devil, says Germany's Jens Weidmann
Regulator on Bitcoin: Same Rules Apply