
“The five-year-old digital currency is increasingly being adopted by brick-and mortar businesses, including dentists, pet boutiques — even a small honey business in Utah. In 2012, about 1,000 businesses used BitPay, the largest processor of Bitcoin payments. Today, more than 26,000 businesses worldwide use BitPay, said Tony Gallippi, its cofounder and CEO. The majority of those firms are small businesses — about half are in the U.S. and the rest are international. And while a majority are online sellers, Gallippi said 20% are merchants with storefronts. The shops range from bakeries and wine stores to car dealers and mattress sellers.”
http://money.cnn.com/2014/03/17/smallbusiness/bitcoin-bitpay/
Related posts:
Can Bitcoin replace PayPal?
Der Spiegel Laments The Rapid Spread of Printable Pistols
Bitcoin Comes To SWIFT
Intelligence officials overheard joking about how Glenn Greenwald should be 'disappeared'
Most people expect to be worse off than parents – except U.S., Chinese
When Border Searches Become Unreasonable
At Bitcoin conference, two 'gurus' draw a crowd
Why Does The Government Treat Immigrant Kids Cruelly? Because It Can
Unanimous juries for criminal convictions? Supreme Court declines case.
European Parliament Calls For Excluding Russia From SWIFT System
Israeli PM aims to deport tens of thousands of Africans
CIA director fumes over teen who hacked his AOL email account
'I can't look at myself in the mirror': Hendry reveals he has turned bullish
Philadelphia woman faces $600-a-day fine for feeding needy neighborhood kids
GOP sneaks in automatic annual tax increase by introducing chained CPI