[Errant]

Other News:

•Man Named by Newsweek Issues Denial on Bitcoin Claim

•http://www.reddit.com/r/Bitcoin/comments/20k54g/1000_btc_bet_that_bitcoin_will_outperform/

•Indonesia to Add Full Bitcoin Exchange as Merchant Network Grows

•Enters into MOU with Top Bitcoin ATM Manufacturer InterWallet

•Bitcoin the buzz at South by Southwest

•China’s Temporary QR Code Ban Could Have Implications for Bitcoin’s Future

•Poll: How Has Accepting Bitcoin Impacted Your Business?

•Mexico’s First Bitcoin ATMs Will Also Deal in Altcoins

[Errant]

Click to be Added / Removed.

[Vaquero]

I accept Alf Pogs.

[TexasCajun]

In my opinion, Bitcoin is nothing but a bartering scheme since it is not legal tender?

How would a Judge rule in a Bitcoin value dispute?

[Red Badger]

I will accept gold, silver, diamonds, rubies, sapphires, emeralds (especially dark green ones), lead, brass, aluminum, titanium, platinum, rhodium, uranium or plutonium, and even unobtanium, but I will NOT accept ‘bitCoins’.........................

[Norseman]

From the article: “More than half of BitPay’s merchants convert the Bitcoins immediately into cash. That’s what Kerr opts for, since it’s a way for him to mitigate the risk.”

Hmmm...so Bitcoins are risky; cash (the good ol’ dollar) is not? Interesting.

[SaxxonWoods]

Let’s see....

Bitcoins were selling for $1,100 about a year ago, now the same coin sells for $700. Ouch.

What backs Bitcoin?

A large Bitcoin outlet, Mt. Gox, went broke under suspicious circumstances.

The CEO recently committed suicide.

The originator claims not to have any to do with the product, so who is the originator and where is the transparency?

Hmmm. I’ll pass.

[Hoodat]

Helen Waite is our Credit Manager.

If you need credit, go to Helen Waite.

[dalereed]

There needs to be a list of those businesses so they can be boycotted!

[catnipman]

“More than half of BitPay’s merchants convert the Bitcoins immediately into cash. That’s what Kerr opts for, since it’s a way for him to mitigate the risk.”

In other words, accepting bitcoin is more or less a gimmick since more than half don’t actually want to OWN bitcoins. This is pretty much like saying we accept Rubles for payment and then immediately converting them to U.S. dollars a microsecond after they were received.

[GreenHornet]

Maybe I’m just too dense to understand this whole Bitcoin business, but since it’s an “independent” currency, not backed by any government entity, why would any legitimate business want to accept it? It seems to me it’s the equivalent of accepting Monopoly money.

[TsonicTsunami08]

Bitcoin is coming soon to a town near you. Or, more likely, it’s already there.

[mmichaels1970]

Capitalism rocks!