Author

Topic: [2014-06-14] Global Finance magazine coverstory: Is Bitcoin Good for Business? (Read 814 times)

legendary
Activity: 1148
Merit: 1014
In Satoshi I Trust
legendary
Activity: 1148
Merit: 1014
In Satoshi I Trust
nice list at the end of the article
newbie
Activity: 57
Merit: 0
I'm surprised that Bitcoin used in Israel. I thought this country is "closed-to-innovation"
newbie
Activity: 98
Merit: 0
It is very interesting article. IMO, the most valuable info is "GLOBAL REGULATORY STATE-OF-PLAY"
legendary
Activity: 3346
Merit: 1352
Leading Crypto Sports Betting & Casino Platform
If they are increasing the revenue and decreasing the fees, then definitely they are doing something good for the businesses. (I mean for all the businesses with the exception of banks).
legendary
Activity: 2884
Merit: 1115
Leading Crypto Sports Betting & Casino Platform
I'll just quote Ghandi on this one
First they ignore you
Then they laugh at you
Then they fight you
Then you win

That is basically what this article is discussing and those businesses will not know what they are missing out on until it gets to big for them to ignore it anymore.
legendary
Activity: 2114
Merit: 1040
A Great Time to Start Something!
...but by ignoring them, they may be missing a huge opportunity.

That theme ("you might miss the Big One") will be seen much more the next couple of years.
I'm not sure "the moon" will be big enough for BTC.  Cheesy

sr. member
Activity: 294
Merit: 250
Not exactly groundbreaking, and a few misleading statements, but it's a somewhat positive take on bitcoin and noteworthy that it is the cover story:

http://www.gfmag.com/magazine/june-2014/bitcoin-good-business

Quote
Still in their infancy, cryptocurrencies could change the way that companies manage payments for the goods and services that are the essence of global trade. As the bitcoin surge picks up momentum, corporate financial executives are wondering what it means for their business and how they can manage the risk of adopting—or not adopting—digital currencies.

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