Articles About The BitCoin and AltCoin Industry

In Merchants

Overstock.com to Become a Digital Currency Merchant

In a recent interview, PayPal president David Marcus offered one reason his company is hesitant in embracing digital currency. Not enough merchants are accepting cryptocurrency as payment to make it really viable or competitive, he said—and it's certainly a comment we've heard echoed by people both inside and outside the digital currency industry. Though it's often repeated, we here at Coin Pursuit are finding it to be less true than it was even a year ago—and that trend is continuing. There...

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In Merchants

Why Should Merchants Accept Digital Currency—and How Do They Go about It?

Right out of the gate, we'll state the obvious: Digital currencies won't work if there's nowhere for their investors to spend them. Upon a currency's initial launch, that can be a big issue; there's only so much trading you can do between members. You need real merchants and vendors on board to make the enterprise work. Cryptocurrency is a young industry, and a lot of business owners have adopted a wait-and-see attitude about accepting alternative currencies for payments. Now that it's proven...

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In Merchants

What Are the Business Benefits of Cryptocurrency?

In a recent article, Coin Pursuit explored the strictly financial benefits of accepting digital currency as a mode of payment. While those are convincing arguments, there's a lot more to it than that. We'd like to take some time and look at the more socially-relevant, people aspects of using alternative currencies with your business. Mutual Exposure. When you sign on as a vendor with a particular type of cryptocurrency, both parties benefit from the arrangement. Issuers of the currency are...

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