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A community dedicated to Bitcoin, the currency of the Internet. Bitcoin is a distributed, worldwide, decentralized digital money. Bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. You might be interested in Bitcoin if you like cryptography, distributed peer-to-peer systems, or economics. A large percentage of Bitcoin enthusiasts are libertarians, though people of all political philosophies are welcome.
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Bitcoin - The Internet of Money

/btc was created to foster and support free and open Bitcoin discussion about cryptocurrency, Bitcoin news, and exclusive AMA (Ask Me Anything) interviews from top Bitcoin and cryptocurrency leaders. Bitcoin is the currency of the Internet. A distributed, worldwide, decentralized digital money. Unlike traditional currencies such as dollars, bitcoins are issued and managed without the need for any central authority whatsoever. Learn more about Bitcoin, Bitcoin Cash, cryptocurrency, and more.
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Bitcoin Chicago

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To be clear: An unfavorable ruling by the European Court of Justice regarding VAT and Bitcoin would make accepting Bitcoins for merchants in the EU around 20 % more expensive than other payment solutions.

Scenario: Carlos, a customer, buys a pizza from Mark, the merchant, and pays in Bitcoin.
First of all: The question is not, whether VAT applies to the pizza. That will definitely be the case. If I'm buying a laptop in, let's say, Germany for 1190 EUR, then 190 EUR of that (VAT in Germany is 19 %) goes to the tax man, regardless of whether I pay with euros, bitcoins or gold.
The question is, what happens to the bitcoins afterwards. The merchant now has bitcoins and will want to get rid of them at some point. Either to exchange for euros or to buy a product or service. So he is again selling a "product" (this time bitcoin, considered a commodity under current German tax law, as far as my reading of the law goes). If the product is not ruled VAT-exempt, he will have to pay another 19 % (or whatever the rate in his country is) at that point.
That's the issue.
Another question is, whether that also applies, if the merchant uses BitPay. In the worst case, BitPay could be considered as just an agent acting in the name of the merchant (their terms of use suggest something like that), thereby still putting the merchant in a position, where he - from a tax perspective - has briefly owned bitcoins and then sold them again.
In my opinion, this tax question is super critical and needs to be the top discussion right now. The Bitcoin Foundation and other Bitcoin associations (Bundesverband Bitcoin e.V. in Germany) need to closely follow the case C-264/14 Skatteverket v David Hedqvist where the European Court of Justice will decide about just that. And we need to provide resources to bring about a sensible ruling.
See http://www.bitcoin.se/2014/08/21/i-need-your-help-funding-legal-costs-in-a-case-at-the-eu-court-of-justice-related-to-bitcoin-and-vat-exemption/ and consider donating!
Edit: I should have added the disclaimer, that I'm not a lawyer and this is just my personal interpretation, which very well might be wrong. I have however been following this topic for a while, talked to various parties and read some of the laws involved.
Edit 2: Alright, a little intermediate summary of the discussion below: I'm probably mistaken about the details of case C-264/14 as rtuck99 pointed out. It seems that case will only deal with the question of whether bitcoin exchange fees are VAT-exempt. In my opinion my larger point still stands though, that the ECJ will likely decide about VAT on the bitcoins themselves at some point. Compare the UK guidelines on Bitcoin and VAT with this statement by the German Federal Ministry of Finance (in German, alternatively see this press release by Bundesverband Bitcoin e.V. in English). These two guidelines are - in my opinion - incompatible with each other. Something that ultimately the ECJ will have to resolve. Maybe that will not happen as part of case C-264/14 (but it might, as it's somewhat related, so it still seems risky to me, to let David Hedqvist fight that on his own), but it will happen eventually and we need to have our side presented well then.
Edit 3: David Hedqvist commented below that the case might indeed deal with the issue in a broader sense.
submitted by jav_rddt to Bitcoin [link] [comments]

Tech Crunch: Paypal integrating Bitcoin for Merchants - Is it time to invest in Bitcoin?

submitted by Marotta117 to investing [link] [comments]

Accept ACH -> Bitcoin for merchant

So I have a small side business and I currently have my clients pay me via ACH transfers. I do this because with quickbooks it's a flat 50c per ACH payment no matter the amount.
Anyway, Im interested in perhaps accepting these payments in bitcoin (my clients would NOT pay in bitcoin) by my customers paying via ACH like they do now and me receiving BTC.
Is there anyway to make this work? I am a complete newbie to BTC so I would like to know how can I protect my bitcoin. Is there a general comprehensive guide to knowing how to protect yourself with bitcoin?
Any help would be appreciated.
TIA
submitted by jstanaway to Bitcoin [link] [comments]

Accept ACH -> Bitcoin for merchant /r/Bitcoin

Accept ACH -> Bitcoin for merchant /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

wtb bitcoin for merchant giftcards

anyone know where I can purchase giftcards for bitcoins? I heard from someone that you can get 20% off giftcards with bitcoins as tender?
Anyone know or can point me in the right direction?
Thanks
submitted by pointdude to Bitcoin [link] [comments]

wtb bitcoin for merchant giftcards /r/Bitcoin

wtb bitcoin for merchant giftcards /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Bitzaar.com - Bitcoins for Merchants

Pretty much a copy and paste from the forum
https://bitcointalk.org/index.php?topic=50212.0
Hello Everyone!
I know my project may be against the entire vibe of this community, but for some of you it may be useful, and for you I will pursue it!
I'd like to present the official public beta (alpha? :o) of Bitzaar!
Bitzaar aims to be an e-wallet service, but focused on merchants. We want to make it easy for merchants to accept bitcoins and conduct business with this magical currency.
At Bitzaar we'll be focusing primarily on enabling merchants to provide their services without having to worry about bitcoin clients, server security, or any of the other things associated with accepting a currency. We're going to be introducing more cart integrations in the near future, for now we just have the big one...WHMCS.
We want merchants to focus on what they do best, their products and customers!
For right now I'm only announcing a preview of the service that runs on the Bitcoin testnet. This is to close any security holes that may come up, polish features and usability, and get general feedback without you having to worry about losing any of your hard earned coins.
https://stage.bitzaar.com
Constructive ;) feedback is most appreciated!
Ideas and feature requests are more than welcome! We'll be trying to release as safely and often as we can. ;D
We're in the process of adding Dwolla for account withdrawals. This should be done by the final non-testnet release.
Queue Discussion
submitted by bitzaar to Bitcoin [link] [comments]

Short survey on Bitcoin for merchants

Hey Guys,
I am a high school student and I'm writing a paper in Economics on Bitcoin and the world economy.
To aid my investigation, I have created a short survey for merchants who accept Bitcoin as a means of payment.
I posted here earlier, with a survey for consumers (https://www.reddit.com/Bitcoin/comments/3yi7q3/survey_on_bitcoin_for_research_paper_in_economics/), and after receiving way more responses than I expected, I created another survey for merchants.
It will only take 5-6 minutes to answer (though I would appreciate it if you would take the time to write more thoughtful answers): https://aniruddhagarwal.typeform.com/to/nPyuQS
I hope some of you will help with the paper. I'll be happy to answer any queries in the comments down below.
Thanks,
submitted by awesomeaniruddh to Bitcoin [link] [comments]

Interview with Tony Gallippi of Bitpay on Bitcoin for Merchants

Interview with Tony Gallippi of Bitpay on Bitcoin for Merchants submitted by David_Moskowitz to Bitcoin [link] [comments]

Bitcoin for Merchants Help :)

I operate a shopping cart site using 3dcart, and I REALLY want to integrate bitcoins as an acceptable payment method. I know this must be possible despite no easy 3dcart plugin, etc., but I am a n00b and HTML challenged. I would love to learn how to do this, and any help or tutelage would be greatly appreciated. I work for an apparel printing and promo products distributor, and I'm interested in making/selling some bitcoin shirts, but first I want to officially join the ranks of merchants (we're both online and brick&mortar) accepting bitcoin! Takers?
submitted by navahoboy to Bitcoin [link] [comments]

Bitcoin for merchants... HELP! (please;)

I have been plugging away at trying to integrate bitcoin with my shopping cart site. I would love some guidance before I waste any more time banging my n00b, HTML-challenged head against the wall. Takers?
submitted by navahoboy to Bitcoin [link] [comments]

Bitcoin Weekly - Bitcoin for Merchants, Part I

submitted by hackerkiba to Bitcoin [link] [comments]

Short survey on Bitcoin for merchants /r/Bitcoin

Short survey on Bitcoin for merchants /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Bitcoin Weekly - Bitcoin for Merchants, Part II

submitted by hackerkiba to Bitcoin [link] [comments]

Excited to launch our Flipstarter campaign to seek voluntary donations to accelerate the growth of Bitcoin Cash through education, community building, merchant adoption and expansion of the Chinese community. Thank you in advance for your support! 💚

Excited to launch our Flipstarter campaign to seek voluntary donations to accelerate the growth of Bitcoin Cash through education, community building, merchant adoption and expansion of the Chinese community. Thank you in advance for your support! 💚 submitted by BlockBlanc to btc [link] [comments]

We're almost at 200 participating merchants for Bitcoin Black Friday!

We're almost at 200 participating merchants for Bitcoin Black Friday! submitted by Bitcoin_Magazine to Bitcoin [link] [comments]

Weed, Vaping, and VPN see the highest growth rate in the bitcoin merchant ecosystem for the year 2020 - data says....

When we look at bitcoin’s adoption from the e-commerce standpoint it comes as no surprise that it has seen a sharp rise. Merchants and customers alike around the world enjoy bitcoin’s borderless and control-free transactions.
Just like bitcoin, the landscape of merchants using bitcoin has changed over the years.
A study was recently conducted to analyze the bitcoin merchant data and see how the market has evolved in the past years [2017–2020], leading to some interesting finds.
#1 Web Hosting, Pharma/Health, and Cannabis take almost 75% of the entire bitcoin merchant ecosystem in 2020.
#2 Industries that have embraced bitcoin are not just selling digital products but also physical goods.
Industries such as Cannabis, Pharma/Health, Vaping have seen a rise in adoption since 2017, and the trend is only going up.
#3 Interestingly enough, Mining is the one and only industry that sees a drop in adoption.
#4 The 3 industries that saw the highest growth rate in the year 2020 compared to 2019 were Cannabis, Vaping, and VPN.
VPN saw the highest increase of 80%, followed by Vaping with 64% and finally by Cannabis with 54%.

What are your thoughts on how the bitcoin merchant market has changed?

Source: Bitcoin Market Analysis [2017-2020]
submitted by primalfabric to Bitcoin [link] [comments]

For merchants it is now 300% more expensive to accept Bitcoin than PayPal and Stripe

submitted by koscash to btc [link] [comments]

Jose Araujo of BCH Latam buys a food pack from BCH merchant Vimas Store in Caracas, Venezuela with Bitcoin Cash (hit CC for English subtitles)

Jose Araujo of BCH Latam buys a food pack from BCH merchant Vimas Store in Caracas, Venezuela with Bitcoin Cash (hit CC for English subtitles) submitted by georgedonnelly to btc [link] [comments]

Please welcome Binario International, new BCH merchant in Venezuela and a top digital marketing firm. They speak English and are ready to provide Bitcoin Cash businesses with quotes for your digital marketing needs

Please welcome Binario International, new BCH merchant in Venezuela and a top digital marketing firm. They speak English and are ready to provide Bitcoin Cash businesses with quotes for your digital marketing needs submitted by georgedonnelly to btc [link] [comments]

We're almost at 200 participating merchants for Bitcoin Black Friday! (x-post from /r/Bitcoin)

We're almost at 200 participating merchants for Bitcoin Black Friday! (x-post from /Bitcoin) submitted by ASICmachine to CryptoCurrencyClassic [link] [comments]

BREAKING: MasterCard has officially expanded its Cryptocurrency Card Partner Program! This makes it easier for consumers and merchants to hold and use bitcoin in their business.

BREAKING: MasterCard has officially expanded its Cryptocurrency Card Partner Program! This makes it easier for consumers and merchants to hold and use bitcoin in their business. submitted by au785 to Bitcoin [link] [comments]

Bitcoin for Merchants Bitcoin Cash (BCH) Extends Merchant Domination in Burger Wars Bitcoin Cash Merchant Adoption - Lambo Taxi Coinify Bitcoin Merchant Sign up Flow - YouTube GoCoin - YouTube

Bitcoin ATM kiosks are machines which are connected to the Internet, allowing the insertion of cash or a credit card in exchange for Bitcoin. They look like traditional ATMs, but they do not connect to a bank account and instead connect the customer directly to a Bitcoin exchange for a localized and convenient way to purchase Bitcoin in person. Common locations for Bitcoin ATMs are inside of a ... Buy Bitcoin Instantly; Buy 300+ Gift Cards; Who accepts Bitcoin in 2020? More and more businesses on Earth are accepting Bitcoin payment, and when someone starts accepting Bitcoin on Mars, we'll let you know! Search. Cryptocurrency exchange. ATM. Wallets. Online privacy. Web hosting. Restaurants and Food. Hotels and Accommodation . Grocery store. Show more . Search on map. Subscribe to updates ... Bitcoin Cash payments are received in seconds, ready for you to save, spend, or convert into your local currency. Accepting Bitcoin Cash payments online. Outdo your online competition by giving your customers a better way to pay. Learn More. Accepting Bitcoin Cash payments in-store. Modernize your brick-and-mortar store by letting your customers pay with crypto. Learn More. Get the latest ... Merchants can not only let their customers use bitcoin to pay for goods/services but also buy gift certificates. CoinPayment uses GAP600 to make the bitcoin payments even faster. Besides, it works as a bitcoin wallet, so merchants get a safe vault to keep their funds. It’s possible to integrate the payment gateway via API or a variety of the shopping cart plugins (WooCommerce, Shopify ... You may be familiar with Shopify, a world-renowned e-commerce platform that allows merchants to set up their own online shops and sell goods in a similar way to Amazon, eBay, and other online giants. In 2013, all Shopify merchants received the option to accept Bitcoin payments with the help of a service called BitPay.

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Bitcoin for Merchants

Data from Bitcoin.com’s own merchant map show 197 Australian merchants who accept Bitcoin Cash. In October 2019, BCH transactions accounted for 92% of the value all cryptocurrency payments made ... I have been seeing a lot of comments that merchants wouldn't accept Bitcoin due to volatility, or anyone for that matter. This is sad to see, because it is absolutely not true. Accepting Bitcoin ... Today I look at the simple process of getting set up to accept Bitcoin at your brick & mortar store using Bitpay as a payment processor. Tip address: 14rc4e5... Bitcoin Cash is the perfect solution for any merchant who wants lower fees, fast transactions and better control over their funds. Stop sharing your revenue with others - Be your own bank, Accept ... https://drive.google.com/file/d/14np6XuadDlYm4am_UUoIGhbxvFs_poJN/view?usp=sharing 👔 Save for the Future ️ ️ ️ https://bitcoinadoption.institute/saving-acco...

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