I imagine that archive.org is still spending bitcoin on labour.
Topic: Businesses that *spend* bitcoin? (Read 1238 times)
Our company does - but we operate a bitcoin wallet company so, it's a bit different. We accept btc via Bitpay and keep 20-100% of it in btc depending on the size of the order and how many dollars we need to fill the order.
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Bitcoin is useless if everyone keep it in their savings...
In few years, I hope people will definitly use it as a real currency.
Bitcoin is like gold: you want to have it, for keeping it.
In few years, I hope people will definitly use it as a real currency.
Bitcoin is like gold: you want to have it, for keeping it.
Bitcoin is a currency and you can do what you want with it. Save or spend. There are people that do both or either.
Agreed. I believe in the currency but am treating it as an investment currently so I'm saving mine now until I can spend it on things I genuinely want and need.
Bitcoin is useless if everyone keep it in their savings...
In few years, I hope people will definitly use it as a real currency.
Bitcoin is like gold: you want to have it, for keeping it.
In few years, I hope people will definitly use it as a real currency.
Bitcoin is like gold: you want to have it, for keeping it.
Bitcoin is a currency and you can do what you want with it. Save or spend. There are people that do both or either.
"The severity of Russian laws is alleviated by the lack of obligation to fulfil them", Mikhail Saltykov-Shchedrin said. I just hope russians will ignore all prohibitions about bitcoin. Who on earth can forbid sending a bunch of bytes as a new transaction?
Some governments are "infamous" for crushing any kind of action that threatens the status quo. Russia being one.
"The severity of Russian laws is alleviated by the lack of obligation to fulfil them", Mikhail Saltykov-Shchedrin said. I just hope russians will ignore all prohibitions about bitcoin. Who on earth can forbid sending a bunch of bytes as a new transaction?
Our offshore IT company pays bitcoin to some of our contractors abroad, especially to those who are located in countries with strict regulations and capital controls.
It's about $20k-$40k of USD value monthly.
Also our shareholders receive 50% of their dividends in bitcoin and keep it as savings.
Just wrote a post about you.It's about $20k-$40k of USD value monthly.
Also our shareholders receive 50% of their dividends in bitcoin and keep it as savings.
I hope russians will not be fought by russian central bank's FUD and will use bitcoin everything where it possible.
Unfortunately Russia suffers from too much central power. Maybe not on scale of China, but I don't see widespread bitcoin adoption in Russia whilst the current regime is in power.
Our offshore IT company pays bitcoin to some of our contractors abroad, especially to those who are located in countries with strict regulations and capital controls.
It's about $20k-$40k of USD value monthly.
Also our shareholders receive 50% of their dividends in bitcoin and keep it as savings.
Just wrote a post about you.It's about $20k-$40k of USD value monthly.
Also our shareholders receive 50% of their dividends in bitcoin and keep it as savings.
I hope russians will not be fought by russian central bank's FUD and will use bitcoin everything where it possible.
Can we compile a list of known businesses which do not convert 100% of their bitcoin to USD but actually use BTC for business expenses?
ASICMINER keep as many of their holdings as possible in BTC
Our offshore IT company pays bitcoin to some of our contractors abroad, especially to those who are located in countries with strict regulations and capital controls.
It's about $20k-$40k of USD value monthly.
Also our shareholders receive 50% of their dividends in bitcoin and keep it as savings.
You are awesome! It's about $20k-$40k of USD value monthly.
Also our shareholders receive 50% of their dividends in bitcoin and keep it as savings.
Bitcoin is useless if everyone keep it in their savings...
In few years, I hope people will definitly use it as a real currency.
Bitcoin is like gold: you want to have it, for keeping it.
In few years, I hope people will definitly use it as a real currency.
Bitcoin is like gold: you want to have it, for keeping it.
Our offshore IT company pays bitcoin to some of our contractors abroad, especially to those who are located in countries with strict regulations and capital controls.
It's about $20k-$40k of USD value monthly.
Also our shareholders receive 50% of their dividends in bitcoin and keep it as savings.
It's about $20k-$40k of USD value monthly.
Also our shareholders receive 50% of their dividends in bitcoin and keep it as savings.
I would love to spend bitcoins directly, but my main supplier doesn't accept it yet. I use BitPay for accepting bitcoins on my site, but I don't convert them to fiat there. I only sell the bitcoins when I have to. A few of my suppliers and contractors accept it though. Give it time and keep working on getting more businesses signed up.
Can we compile a list of known businesses which do not convert 100% of their bitcoin to USD but actually use BTC for business expenses?
I can't imagine they'll be many. How many businesses can operate on Bitcoin alone?
this would be good to see, but I would more almost more interested in seeing what companies horde some of the the bitcoin they gain from sales.
Can we compile a list of known businesses which do not convert 100% of their bitcoin to USD but actually use BTC for business expenses?
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