OpenRuby.com

24 Dec '12, 9am

My talk at the Bitcoin Summit: #bitcoin #p2p #technology #smallbusiness

Video: Zach Harvey at Bitcoin Summit 2012 Zach Harvey (@ManchFu ) describes what Bitcoin offers him as a small business owner with a global customer base. Excerpts: “After receiving numerous orders that were scam orders, I now can only accept PayPal and credit card sales to a small number of countries I know I won’t get many scam requests from. So now I accept these orders from just about ten percent of the countries that I started out with.” - “If you want to send or receive a wire for $10,000 or more, you may be looking at a form like [seen on video]. That’s just one page, and that’s for receiving $10,000. With Bitcoin, the form [doesn’t exist].” - “If there’s nothing between me and the consumer, then there’s no friction in the market. There is no discrimination between formal markets and informal markets with Bitcoin. Bitcoin simply doesn’t care. [The transaction] doesn...

Full article: http://www.bitcoinnews.com/post/38702579237/bitcoin-summi...

Tweets

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