Post
Topic
Board Trading Discussion
Re: Interesting conversation with a retailer who formerly accepted Bitcoin
by
SMTB1963
on 27/07/2012, 18:25:39 UTC
My name is David Edwards and I am the owner of New Mexico Tea Company. I was asked by SMTB1963 to respond to some of the discussion.

Thank you sir!  (man i love the internetz)

I am not running a speculative business, nor do I really have much interest in the nitty gritty of finance. I do like the idea of bitcoin as a marketing tool, which is why I experimented with it last year. At the time I made the determination that the extra rigamarole, and possibility of loosing money (Remember I have to buy the product your buying. I only have a certain margin to work with before im paying you to buy it!) was not worth the extra business that it was bringing in.

I think that sums it up pretty damn succinctly.

However, technology has moved on... I did not know about bit-pay, so maybe its time to take another look at it.

I guess we'll hold off on banishing New Mexico Tea Company from the wiki LOL!

Thanks again for your perspective...if you end up experimenting with Bit-Pay, let us know how it goes.   Grin