Safely and Legally Get Bitcoins !

The best way for businesses to navigate these treacherous times, is to partner with those who have succeeded in doing so.

So, it''s been a little while since I've been here, but I believe there is a solution to the question of how do businesses integrate Bitcoins into their payment solutions.

The answer is to use a company that the banks won't close up because of their association with Bitcoin related products and services. The banks won't close them up because they have an awful lot of money, and it appears that they also have some deep US Government connections.

That company's name and direct link are here: CoinBase !

As always, you can find CoinBase and other Bitcoin related solutions, along with some very useful, and mostly free online marketing assistance websites on my mini blog; GET BITCOINS  !

Get Bitcoins !

All Businesses should prepare to receive Bitcoins as payment vehicles as soon as possible!

 

Bitcoins are the virtual currency of the future, and increasingly, of the present!

 

Businesses that are caught out in the cold are those that will scramble to be able to Get Bitcoins! The most important things about Bitcoins and business are that Bitcoins don't require excessive fees or long waits to transfer them from your customers custody to yours. It's possible to predict that bitcoin, will most likely replace gift and reward cards, because those types of cards carry such high fees for the merchant when redeemed by the customer. Bitcoins do not. Under most circumstances, there no fees when moving Bitcoins.

Some might wonder how to convert Bitcoin into something spendable right now, before universal acceptance occurs. You might have read that banks in the U.S. will not allow their customers to integrate Bitcoin into their normal banking activities. The banks, when they get wind of Bitcoin in the air around a customer, react with horror and terror. They don't want to lose the very lucrative gift and reward card fees. If you let them know that you are accepting Bitcoins for anything, the banks will close all of your accounts, blackball you from opening an account in any other U.S. bank and try to give you a paper check of all your balances, which you will not be able to deposit or cash out anywhere in the United States.

So, what's a honest business to do? 

You have got to remain competitive and accept Bitcoins, but not tell your bank about those activities. Do tell the U.S. Treasury or IRS because you don't want to have trouble with them at tax time. There are hearings in Washington D.C. where Congress is attempting to get a handle on this now. When they codify as to how the government is to deal with Bitcoin and all those other crypto currencies, then the banks will have to obey, or get decertified.

This isn't as difficult as it sounds, and in my next post, I will deal with the best way for your business to muddle through this odd era in American financial history.

Right now, my micro blog GET BITCOINS will have some answers for you, at least for personal Bitcoin related questions.

This is the link to GET BITCOINS !