21–30 of 54 posts
It's a pity that they're still pricing the drink against a fiat currency (in this case, Sterling). I look forward to a day when I'll be able to pay a consistent 0.05/0.1 BTC for a pint.
Writing up the accounting and distributing tax for that must be a bugger.
With only an 8% surcharge! What was that about low/no processing fees?
That's the currency exchange rate he is offering not a transaction fee. The bitcoin transaction itself is free
Add on whatever fees you pay to get hold of the BTC in the first place and you have quite an expensive system.
It's a pity that they're still pricing the drink against a fiat currency (in this case, Sterling). I look forward to a day when I'll be able to pay a consistent 0.05/0.1 BTC for a pint.
Writing up the accounting and distributing tax for that must be a bugger.
I think bitcoins just count as assets
Does anyone think Bitcoin might gain greater adoption if more accountants and lawyers knew how to advise their clients?
Also, some places accept Canadian Tire Money! At par!
Isn't one idea behind Bitcoin anonymity? Then I would blow my identity when I pay in a pub right?
Bitcoin is the opposite of anonymous, every transaction is available in the public ledger. You can build anonymity on top of it by using throw away accounts, but it's not an inherent part of the system.