Posted by: Added: 16.05.2016 13:42:52 Views count: 5288
The digital currency Bitcoin introduced to the world in 2008 is not just for techies and IT specialists. Mainstream media at times has also reported the cryptocurrency is used in anonymous activism and illicit activity. However, the virtual money Bitcoin is for everyone and is a great protocol to use for brick and mortar businesses and online companies. Bitcoin has a faster settlement time so merchants get paid immediately. Costs for using the digital currency is minuscule compared to the charges associated with credit or debit cards. I´m sure that most of you just wonder, why on earth should merchants and individuals use Bitcoin as a payment option? Nobody ever requested it and with a lack of information how it really works. The question is can Bitcoin be used for good?