Coffee, Crypto and the Hodling Merchant's Perspective

Published: Aug. 14, 2019, 5:03 p.m.

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Sure, bitcoin is a store of value and a hedge against global debt and inflation. But what is it actually like for a merchant to transact with it day to day \\u2014 to pay taxes, to cover exchange rates and properly manage multiple wallets?

Today\'s guest is Denet Lewis, owner of Beans N Barbels, who accepted bitcoin and other cryptocurrencies at his coffee kiosk at the Bitcoin 2019 conference. Lewis helps paint a picture of the pros and cons of accepting bitcoin as a small business owner and offers a glimpse into the hurdles that lie ahead for broader merchant adoption.

News:

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China\\u2019s State Cryptocurrency Coming Soon, Featuring Two-Layer Structure

Bitcoin Is Now a Legal Form of Payment in New Zealand

In Israel\\u2019s Crypto Banking War, Lawsuits Lead the Charge (For Now)

Interview:

Beans N Barbells

Bitcoin 2020 Conference

Sponsor:

www.coinmine.com/bitmag

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