Tagbitcoin merchants

Bitcoin Acceptance by Merchants & Retailers Crucial for Mainstream Adoption

Bitcoin company executives and analysts including Irene Katzela, CEO of Chain of Points, firmly believe retailer and merchant adoption is the key to bitcoin mainstream adoption. Since 2014, the bitcoin industry and market have seen a rapid emergence of bitcoin-accepting merchants. Companies like TigerDirect and Expedia have begun to offer bitcoin as one of their main payment methods. Currently...

70% of Bitcoins Have Been Hoarded for Six Months or More

Bitcoin Hoarding is Toxicity for All

Recently, a metric was run on the Blockchain that analyzed the distribution of Bitcoin wealth throughout history. Any Blockchain study can draw a wide range of conclusions, but a paper by Tim Swanson, author of the blog "The Great Wall of Numbers," draws an interesting conclusion. As much as 70% of Bitcoins have made no movement in the past six months because of the price drop since June...

Positive Bitcoin News: Business Leaders and Customers want a Cashless Society

Whenever a cryptocurrency fanatic tries to tell you why cash is one of the worst ways to make payments, many people think it's his inner-fan boy talking. Why would he even recommend cash or say anything remotely decent about it? Well, the times, they are a-changin'. According to a grand survey, British people are losing their interest in cash payments. Even better, they think we are on the verge...

Here's Why Square's Bitcoin Integration is a Big Deal

Square Bitcoin

Although many Bitcoin enthusiasts have been looking for new merchants who are directly accepting the cryptocurrency in their local towns, it seems that a move from Square could end up being an even bigger deal. Square announced their integration with Bitcoin today on their blog, and they revealed a few details about how their new Bitcoin-enhanced system is going to work. Most online retailers are...

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