Post
Topic
Board Bitcoin Discussion
Re: Bitcoin only Businesses that reject all fiat
by
inBitweTrust
on 19/02/2015, 16:23:42 UTC
I am interested in compiling a list of businesses that exclusively accept Bitcoin. Businesses that exclusively accept bitcoin are a value added asset to our community as they are more likely to not immediately cash out and any person doing business with them are incentivized to buy bitcoin first. There are many drug related, porn, and gambling sites that only accept Bitcoin but I'm not interested in discussing those in this thread despite them being valuable services.

you sure that they dont cash them out into fiat?since companies need to pay for things, including salary of the workers, restocking product, atleast they will cash out the bitcoins  Roll Eyes Roll Eyes

I was clear about the benefits of btc only businesses in my first post. Of course, it is impossible to know what a business does immediately after they receive the Bitcoin and most likely convert a percentage of their BTC into fiat for practical reasons but if they would go to such an "extreme" to turn down fiat there is a greater probability they are likely to keep a greater portion in BTC or not convert any to fiat altogether.