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Should The
Popularity of Bitcoin Spur You To Accept It? |
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According to the
Digital Mint there are over 100,000 merchants that
accepts Bitcoin; there are over 631 Bitcoin ATMS worldwide;
and there are over $100,000,000 done in transactions daily.
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Since the implementation of bitcoin in January 2009 it has
grown significantly.
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Bitcoin is accepted in over 100 countries around the world
to include the U.S., Japan, France, Belgium, Germany, U.K.,
Ireland, Australia, New Zealand, Italy, Greece, Turkey,
Russia, Germany, Croatia, Thailand, Phillipines, Indonesia,
China, India, Cyprus, Canada, etc.
See a
list of countries that accept bitcoins.
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Then number of bitcoin exchanges have grown significantly,
thereby enabling more daily transactions.
There are between 200,000-370,000 daily transactions
involving bitcoins.
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eBay and
99Bitcoins list hundreds of companies that accepts
bitcoins as legitimate forms of payment.
Among them are
Shopify, eBay, Microsoft, Subway, Tiger Direct, Expedia,
Dell, OverStock.com, Whole Foods, Etsy Vendors,
Bloomberg.com, Virgin Galactic, and much more.
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Japan passed a new law that authorized the use of digital
currencies which went into effect in April 2017.
Bitcoin is expected to be accepted in over 260,000
stores in Japan this summer.
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There are Bitcoin ATMs all over the U.S.
See Map.
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Most of the worlds largest Bitcoin companies are in the U.S.
Hence, it is easy to buy Bitcoins using Cash, Credit
Card or Bank Transfer.
This make it easy for consumers to buy and use
Bitcoins. All
they need is to find a Vendor that takes them as payment.
See a list of locations where consumers can buy
Bitcoins. Each
have their own requirements.
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Becoming a vendor that accepts Bitcoin payment is not
difficult.
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Learn more
about Digital Currencies.
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Sources:
99Bitcoins
eBay
Digital Mint
IRS Rules
IRS Q&A webpage for Bitcoin
Wikipedia
CoinPursuit
Blockchain
By Bill
Williams
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