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Bitcoin - The Currency of the Internet
A community dedicated to Bitcoin, the currency of the Internet. Bitcoin is a distributed, worldwide, decentralized digital money. Bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. You might be interested in Bitcoin if you like cryptography, distributed peer-to-peer systems, or economics. A large percentage of Bitcoin enthusiasts are libertarians, though people of all political philosophies are welcome.
I'm working with a donor that would like to contribute Bitcoin directly to our 501c3 in order to reduce his tax liability. He recommended using Coinbase, but I can only find information on how to setup a Coinbase Commerce account - no information on how to designate the account as nonprofit. In general, I'm looking for an easy way to accept Bitcoin and convert it to dollars in a way that is clear in regards to tax law.
Can't we accept bitcoin is going through developmental stages
A lot of noise and FUD news was been said about the price movements of bitcoin lately. We are expecting bitcoin price to move up faster without considering the facts that the process of cryptocurrencies revolution comes in stages. Even the fiat currencies also pass through some stages before it become stabilized. In every sphere of life, there is always a revolution and developmental stages which I believe is also affecting bitcoin too. Let have believe that this process will stabilize bitcoin in the long run and be more acceptable.
Hi guys, I'm a partner in a bar and we want to except crypto. Now the guy running the bar was going to accept bitcoin but is aware of the lag and crazy fees, anyway we can accept bitcoin cash are there merchant options out there etc? Thanks for your help in advance!
We accept Bitcoin! Most of you wants to buy Lambo for your BTC, but most of you want to also travel around the world. If you are for example from USA, it will be very difficult to drive your Lambo here in Europe. What about to hire chauffeur and travel in comfort instead? We are based in Prague.
Call to Action: Making the most of Yelp - Let's send "Yelp/We Accept Bitcoin" stickers to every Yelp listed business that takes Bitcoin
As Yelp has enabled the bitcoin attribute in their listings, many existing businesses will now be using this to indicate their acceptance of bitcoin. If you've visited a Yelp listed business you may have seen the vinyl stickers in the window/door that say "People Like us on Yelp" with a big red Yelp logo. I would like to propose that we create a new vinyl sticker with "We Accept Bitcoin" with the bitcoin logo and send these to any business that we find on Yelp taking bitcoin. EDIT: Many people dont like the idea of combining the Yelp logo, either because they don't like Yelps business practices, or they don't like the idea of using it without authorization. This marketing plan works very nicely if we just send the "We Accept Bitcoin" vinyl sticker with no reference to Yelp. Read it as such from now on... I'm looking for help to do this:
A graphic design that has "We Accept Bitcoin" graphics on a single half-letter page or similar size.
An envelope design big enough to fit the sticker without folding and including the Bitcoin logos in place of a return address
A printing company that will print color on vinyl static-cling stickers and perhaps takes bitcoin
A script to extract the list of companies on Yelp that accept bitcoin
A script to extract the address of companies on coinmap and other listing sites that are also on Yelp but not yet listing their bitcoin status
Volunteers to help with printing, envelope stuffing, stamp licking and posting
We can use this opportunity to get the bitcoin logo on the door of every Yelp business that takes bitcoin, remind them to check the new option on Yelp and create buzz around Yelp's choice to include bitcoin, driving more businesses to use it. Who's with me?
Bank of the West is shutting down our bank account because we accept bitcoins.
Hello bitcoin community, Amagi Metals would like to reach out to the bitcoin community for your help and support. We have worked with BotW since 2011. In the last month they began requesting information about our business and claiming that we were a Money Service Business (MSB). However we only accept bitcoins as a payment method, we do not sell bitcoins, nor do we exchange or "deal" bitcoins. In addition we are compliant with AML/KYC and other regulations. Today we heard back from the bank that they are closing down our account and that we can no longer use BotW after mid-August. They think that we are a "risk" because we accept bitcoins as a payment method. So, we need your help! Can anyone suggest a bitcoin friendly bank located in the United States so that we may continue doing business after mid-August? Please note that we plan on continuing business as usual and this will not affect our current business operations. Thank you for all your help and support! -The Amagi Metals Team Update Wells Fargo will not allow us to open an account. They said that even "holding" virtual currency as a business will prevent you from opening an account with them. Update We have secured additional bank accounts at a few other banks. One of them includes IAFCU, the one that everyone was recommending. Thanks for the recommendations from the BTC community!!!
I just launched a toy company and we accept Bitcoin.
I have been a Bitcoin holder for about two years now. When it was time for me to build my website I wanted to have bitcoin as a payment option. If it's ok with mods and readers I could post a link but really I just want to spread the word that bitcoin as a payment option is something more businesses should make a point to develop.
Find places where you can pay with your bitcoins (BTC) or other cryptocurrencies. “Bitcoin accepted here” businesses, companies, organizations that are currently accepting payments with Bitcoin & Co. If you want to support us, we would be very grateful for a donation. However, bitcoin payments are not yet accepted through their mobile website. What’s more: Overstock allows customers to use other major cryptocurrencies such as Ethereum, Litecoin, Dash, Monero, and the new Bitcoin Cash. 6. Travel (Source: Paybis, Paxful) There are now quite a few travel companies that accept bitcoin. You can use ... Note: You can also use Spendabit to find places to buy most items with Bitcoin. Major Retailers Microsoft. Microsoft has been accepting Bitcoin for use in its online Xbox Store since 2014. They temporarily took a pause from accepting it due to the volatility and now again are accepting it strictly for the Xbox store credits.. Bill Gates has commented on Bitcoin many times saying things such as ... With Bitcoin being touted as a way to conduct anonymous transactions and as way to compete with government currency, many small business owners wonder what's the right way to accept and account Bitcoin, or if it's legal or ethical, or whether and how they should pay taxes on income received through Bitcoin. Accept Bitcoin payments and withdraw money to your local bank account. Set up one-time payments, recurring subscriptions, and donations on your website. Let the platform take care of invoicing and record keeping for you (only for Bitcoin payments). 3. Accept Payments Manually
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