22 Sep '12, 2pm

My impressions from Bitcoin conference 2012: Tell me what you think!

Now for those who already know what Bitcoin is about, I wanted to share highlights from the conference. The opening speech by Amir Taaki (organizer of the conference) tried to put Bitcoin into larger context. He was very successful in that. He was followed by lightning talks (short talks by anyone who wanted to say something). Most interesting were a talk by Anthony Gallippi, CEO of BitPay. His company is a payment processor for Bitcoins, much like credit-card processors. It allows you to take Bitcoin payments and their system converts them to your local currency and pays you once a day to your normal bank account. It also takes away risk of Bitcoin fluctuations, so if your shop requests $10 USD, they receive $10 USD minus BitPay fees (which are generally much lower than credit card payments). For this reason, accepting Bitcoins is really a no-brainer. They announced that ...

Full article: http://www.digmia.com/pages/posts/impressions-from-bitcoi...

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