Do you accept Bitcoins as a payment method? Why? Why not? (Plus other questions)

[texteditor]

Are people actually, like, reading the posts in this thread before responding? The past two pages have been nothing but a cycle of "but it's too volatile" -> "yes that's what BitPay and Coinbase already solve"...

Perhaps an edit of the original post is in order?

Let's wait until we have a payment processor that is out of it's infancy stage before we call them a solution, like many bitcoin startups there is a chance they are both flagrantly violating AML laws and could be getting a visit from the FBI any day

 

[joepie91]

Let's wait until we have a payment processor that is out of it's infancy stage before we call them a solution, like many bitcoin startups there is a chance they are both flagrantly violating AML laws and could be getting a visit from the FBI any day

Both are registered MSBs. Coinbase in all states, BitPay in Georgia.

 

[hostemo.com]

i am not going to accept, less headache.

 

[Lanarchy]

Very short sighted hosterno. We have proven, time and time again in this thread, that there is no hassle by using a payment gateway such at BitPay. You pay less in transaction fees, and you still get $$$. You don't even have to monitor Bitcoin price, or exchange it.

Around 15 minutes of work to sign up. And at tax time, you just add in another source of income. All in all, less than 20 minutes of work for the entire year, to increase your business, get new clients, and lower transaction fees.

Now, I'm not saying that if you accept Bitcoin that you'll get 1000s of new customers. Realistically, maybe a handful a year, if that. But without that 20 minutes of work, you would not have gotten those few customers.