Post
Topic
Board Economics
Re: Surviving government crackdown
by
clickbangdone
on 09/06/2011, 20:58:06 UTC
Businesses could use BTC if they are able to hedge risk with an options exchange.

Hint.

The Bitoption Exchange has an API for value-added providers to give businesses a part-of-their-workflow method to hedge out their currency risk. You can even charge a little bit extra.

You guys have lost your mind
As a business accepting bitcoins requires too many steps
Step 1 wait 10 minutes to several hours for a confirmation of payment
Step 2 worry that while you're waiting for confirmations the price of bitcoins doesn't fall
Step 3 trade your bitcoins on an exchange for cash
Step 4 wait several days for money to arrive in your bank account

Please