Quote from: commandrix on July 11, 2014, 06:42:14 PM

This may come off as a noob question, but wouldn't there be a way to set up Bitcoin payments for brick-and-mortar retailers without requiring something like Bitpay?

And good point about suppliers. I might float the idea of accepting Bitcoin with a couple of wholesale companies I know about.

become your own exchanger in your town. i done it, and hre is the simplist way.

i gave a local merchant (aswell as a contract) £200 upfront as a kind of bar tab. i also set his phone up that checked my website for MY price valuation. so that as people spent bitcoins with him (which i received) the bartab would decrease for the value of the goods the merchant sold. i would then simply hand him a new lump of money for a fresh bartab as it got low.

that way i was pre-paying him for coins he had not yet received. and he was getting true £200 for £200 of goods (the commission for me was small but cam off the customers side, which due to bitcoin volatility, the customer handing over bitcoin did not even notice the couple percent difference and were also happy to be using bitcoin) so win win win for all involved

the merchant loved it, no risk and no complications, he didnt even need to show me receipts or anything. as long as i seen what i valued to be £200 of bitcoins in my wallet i was happy. and because he already had the £200 prepaid, he was happy. and it both saved us time not having to deal with bank transfers each day or auditing each other. (ofcourse a contract helped with me trusting him.. but then again he owned a business in my town so he cant really run off)