SMALL BUSINESS 1
Bitcoin has made quite a few headlines lately. This is thanks, at least in part, to the somewhat spectacular failure of Japan-based MtGox, one of the world’s largest exchanges. Hundreds of millions of dollars’ worth of the virtual currency disappeared in a very real way.
Despite the controversy, bitcoin continues to muster support among many small-business owners. Among other things, they say, using the latest technology helps entrepreneurs stand out amid the competition.
Is accepting bitcoins right for your company? It depends on your particular situation and needs. Here’s what two entrepreneurs told the Intuit Small Business Blog about their experiences with the virtual currency.