The Apache Software Foundation Now Accepting BitCoin For Donations
rbowen writes The Apache Software Foundation is the latest not-for-profit organization to accept bitcoin donations, as pointed out by a user on the Bitcoin subreddit. The organization is well known for their catalog of open-source software, including the ubiquitous Apache web server, Hadoop, Tomcat, Cassandra, and about 150 other projects. Users in the community have been eager to support their efforts using digital currency for quite a while. The Foundation accepts donations in many different forms: Amazon, PayPal, and they'll even accept donated cars. On their contribution page the Apache Software Foundation has published a bitcoin address and QR code.
For real business purposes, though, you'd be bonkers to accept bitcoins.
Why? It has value. And companies willing to process it for you and convert directly into your currency of choice. And due to it's nature, it is actually harder for the merchant to be defrauded than with regular credit cards... Not sure where the downside here is, especially if they are not holding them.
If you can't be associated with known criminals then I hope you're not using U.S. dollars.
Get free satoshi (Bitcoin) and Dogecoins
For real business purposes, though, you'd be bonkers to accept bitcoins.
Bonkers like Newegg, and Dish Network? Both of which accept bitcoin.
AccountKiller
For real business purposes, though, you'd be bonkers to accept bitcoins.
I do "real business" with people in bitcoins, including several overseas contractors. For instance, a woman in Karachi, Pakistan does graphic design for my company. Transferring dollars, and converting them to rupees, is expensive, and a time consuming hassle. Transferring bitcoins just takes a few seconds, and the transaction cost is a few pennies. She would be bonkers to not accept bitcoins.
Out of curiosity, are you a new person saying that bitcoin is bonkers or are you one of the old ones that have been predicting the imminent failure of bitcoin for the past 5 years?
My follow up question will be;-
You have been wrong for the past five years, do you have plans to admit defeat any time soon or will you just start saying "I knew it would work all along?"
So basically you found someone who will deal with you in bitcoin because their native currency is even more worthless and volatile than the BTC market ... good job.
Yes, but that is 80% of the people in the world.