31 Mar '15, 12pm

Retail Giant Now Accepting Bitcoin via Bitnet

Retail Giant Now Accepting Bitcoin via Bitnet

Accepting BTC “VIA” Bitnet. Why such a fuss for a payment method that a person can perform without a Bitnet enable button at Rakuten? I can, on my own, cash out the required amount of BTC using an exchange of my choice, perhaps with a smaller cash out fee to deposit USD with Rakuten. In short, these big names [Microsoft and others] do NOT accept BTC. They actually only accept fiat currency into their actual accounts. Other large enterprises do take BTC into their account, which BaseCoinPayBit immediately cashes out on the vendors behalf. Must avoid those vagaries of volatile exchange rates at all cost. Seems more of a PR ploy than putting their money where their mouth is. They accept it on a technicality. Do let us know when those companies really take and hold BTC, then use the BTC to pay bills/payroll. You know, accept it.

Full article: https://www.cryptocoinsnews.com/retail-giant-rakuten-com-...

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