Bitcoins

Is anyone using Bitcoins or any other crypto currencies? I have put Bitcoin prices on a few of my businesses but nothing has really generated that many sales in Bitcoin yet. Paypal still seems to mostly rule when it comes to payment processing and people trusting the security and payment interface. Paypal fees are hard to live with at times so it would be nice to a have a similar alternative. Maybe if Dwolla gets big. Who is your favorite payment processor of all time?

 

I might be wrong but I think Bitcoin is still somewhat a bit more difficult to get into since most third party exchangers require you to submit some sort of identification first whereas Paypal pretty much just requires your credit card. If you want to deal with individuals instead to trade Bitcoins with then it might turn out risky even if it is easier. If you want to earn in Bitcoins then I suggest just trying to advertise to communities that are well known for supporting it as a payment method. I know some. Bitcoin forums have sections where you can advertise your business, and if you do offer it then it even serves as a good space for free advertisement since you would now be allowed to post in a place that has thousands of members.

 

Well, the fact that PayPal is now accepting Bitcoins payments is a good sign for those people betting for the crypto currency so I think slowly more and more people will be willing to work with Bitcoin.