Should You Add Bitcoin to Your Small Business Website
Just a few years ago, Bitcoin was barely heard of; however, today it is one of the most widely used forms of online payments utilized by customers worldwide, which means as a small business, if you are not accepting Bitcoin, you could be missing out on potential customers. What is Bitcoin? The Bitcoin idea was said to be developed in 2009 by founder Satoshi Nakamoto, with the initial transaction being used to purchase takeout. Bitcoin is a type of digital currency, additionally known as a cryptocurrency, which serves as a method of payment for making purchases from retailers. It is also used to process customer payments, and some businesses even use it to simplify their payroll. Bitcoin is also traded on various global markets, which is ultimately how its worth is established. Bitcoin exists only in the digital world, which means there is no actual physical form of currency. Instead, the cryptocurrency is reserved in a digital wallet that utilizes a blockchain ledger that e...