INTERNET MARKETING

 

 
INTERNET MARKETING

5 Fascinating Marketing Automation Tactics that Can Help Your Business Grow
Shark Tank’s Robert Herjavec Shares Advice for Small Business Owners
Amazon Echo Spot Features Video Conferencing and Other Business Tools
States With No Corporate Income Tax Rate
Ohio
Nevada
South Dakota
Texas
Washington
Wyoming
Key Economic Indicators
Item Rate
CPI: 0.5% (Sep 2017) 
GDP Growth: 3.1% (2nd Qtr 2017)
Bank Prime Interest Rate: 4.25%
Consumer Confidence: 119.8% (Sep 2017)
Small Biz Confidence: 103% (Sep 2017)
Avg Gas Price: $2.47

 

 

 

 

 

 

 

SMALL BUSINESS NEWS

17 Jul 2017

 

Email this page    

 

Should The Popularity of Bitcoin Spur You To Accept It?

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.

Since the implementation of bitcoin in January 2009 it has grown significantly.   

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.

Then number of bitcoin exchanges have grown significantly, thereby enabling more daily transactions.  There are between 200,000-370,000 daily transactions involving bitcoins. 

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.

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.

There are Bitcoin ATMs all over the U.S.  See Map.

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. 

Becoming a vendor that accepts Bitcoin payment is not difficult.

Learn more about Digital Currencies.

 

Sources:
99Bitcoins
eBay
Digital Mint
IRS Rules
IRS Q&A webpage for Bitcoin
Wikipedia
CoinPursuit
Blockchain


By Bill Williams

 

 

 

 

 

 

 

 

 

 
 

 

  
 

INTERNET MARKETING

News Home

SBZ Home

 

  

     

                  Report broken links               Contact us              About us           Become a Contributor to this site            Link Exchange 

© 2012-2015 The Small Business Zone, Inc.  All rights reserved.