New Post has been published on Bitcoin:Views
The Rise Of Bitcoin: Is It A Solution Or Menace?
23 November 2013 | By Gloria Goodale | businessinsider.com
Celine Sotelo “likes to be on the cutting edge,” so she was intrigued when a friend this summer touted the virtues of a new kind of money called Bitcoin. She downloaded the software that would allow her family-owned floral shop/cafe to accept BTC, as Bitcoin is known. In August she posted a sign, “Bitcoin accepted here,” at her shop on Los Angeles’s Westside.
She got her first taker in mid-November. She hopes it’s the dawn of more demand. But Ms. Sotelo says she is also a little worried because, frankly, she doesn’t fully understand Bitcoin yet.
“I used the phone app and pushed the right buttons, but I’m a little freaked out,” Sotelo says after the customer paid $59.95 to Le Petit Jardin by sending her digital bitcoins via his cellphone. “I have no idea if I got the money or not.”