29 Oct '14, 9pm

Study: Half of US Small Businesses Aren't Ready to Accept Bitcoin

Study: Half of US Small Businesses Aren't Ready to Accept Bitcoin

A new study suggests that consumers and businesses in the United States remain apprehensive about the prospect of using digital currency, as well as digital payment tools and platforms currently available on the market. Software research firm Software Advice surveyed roughly 400 small business owners and customers, who answered a series of questions regarding their willingness to use digital currencies should they become more widely adopted. About two-thirds of consumer participants suggested that they are unlikely to use bitcoin or other digital currencies, with 49% specifying that they are “not likely at all”. 50% of business owners surveyed said their companies are not equipped to handle digital currency usage, though 19% said that they have taken steps to accept it. The results of the survey echo previous surveys of consumer and business sentiment toward bitcoin in whi...

Full article: http://www.coindesk.com/study-half-us-small-businesses-ar...

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