Warning: Constant WP_CACHE already defined in /home/swissapp/domains/swissapp.mobi/public_html/wp-config.php on line 4
New Currency in Old Montreal : Swiss App Bitcoin Digitalcoin

New Currency in Old Montreal

Montreal Poutine Accepts Bitcoin!

What happens when you strategy business from a place of enjoyment and opportunity instead of worry and doubt?

You make more money, of course.

Over 140 Canadian businesses now accept bitcoin as a method of payment. plus why would they not really? The process is inexpensive, quick plus exciting.

Being bitcoin-friendly is a win-win: it offers businesses access to a previously untapped marketplace of eager consumers that excitedly arrive, purchase and pay with their bitcoin. Consumers that also act as promotional brokers for the forward thinking establishments. customers win by increasing their own purchasing power to a larger number of bitcoin-friendly businesses. What is most exciting, is knowing that we are beginning to use bitcoin to purchase items in real time, through traditional companies, not just through e-commerce stores.

Over 50, 000 companies worldwide currently accept bitcoin, and this number is due to boost quickly as business owners increase their understanding of the variety benefits this currency offers.

One such business in quebec, canada,, Canada, sings bitcoin’s good remarks, and sees the foreign currency as the way of the future. Alain owns Montreal Poutine, a family restaurant by day plus post-bar snack-stop by night time. He decided to start taking bitcoin as a method of transaction a week ago, after one of their waitresses urged him to look into it.

“ I saw the particular speculative side of it, and I saw that this would achieve ‘ target customers' who want to spend their money and don' t know where to go or even how to do it., ” Alain explains. He sees bitcoin as simply another way to take payment. “In the world of business, if someone wants to give you money, a person take it! ”

Alain noticed the benefits of bitcoin immediately: “ When you have a customer eating and the guy next to him will be jumping up and down over bitcoin, you know you' ve carried out something good. ”

Alain uses the popular merchant support BitPay to accept payment through his customers. The process is incredibly simple.

“ We have a big sign out front that will tells people we take bitcoin. When the customer is ready to pay, we bring over a laminated paper with our QR code on it. They check out it with their phone, type in the price of our poutine, deliver it to us and I get an e-mail wherever I am saying I have received a new payment in bitcoin. ”

Unlike other payment strategies like Visa, Debit, master card and the notorious American show, fees on accepting bitcoin are cheap: “ one of the cheapest forms of accepting transaction, besides cash, ” states Alain. “ I think the particular fee is 1%. It' s incredible. ”

It' s also instantaneous plus irreversible, eliminating the possibility of charge-backs. Some businesses, like Australia-based Millennius, report both declines within online fraud and improved purchase amounts when dealing with bitcoin as a method of transaction.

Like many other bitcoin followers, Alain sees the technologies being implemented on a bulk scale within 6 months to a year: “ Six months back when I asked my financial institution manager what Canadian financial institution would be the first to accept bitcoin, she laughed at me personally. But she didn' to laugh this time. Now she' s actually thinking about it… Maybe TD? ”

Montreal Poutine has already completed eight transactions with bitcoin and is looking for a way to implement a good interactive machine into their company processes. For now, the laminated QR code does just fine: “ Either way, it' h really good for me. ”

It' s inevitable. More companies will use bitcoin when they realize and experience the benefits of this particular incredible innovation. The bitcoin community has an unique placement to educate and empower business owners in this exciting transition. Once the features, benefits and process of bitcoin is understood, they will adopt it. There is already a few talk in the Bitcoin Twittersphere about collaborating and producing pamphlets for business owners that will explain and highlight the benefits of bitcoin. This should be attacked and executed; it’s our own opportunity to change the world 1 business at a time.

For now, we look forward to discovering and confirming on more bitcoin-friendly businesses… and buying a delicious poutine with a few clicks on my phone.

The future is here. Businesses, get on table!

*Canadian Bitcoin Business Directory.

the particular post New Currency within Old Montreal appeared 1st on Bitcoin Magazine.


Bitcoin Magazine

Leave a Comment

Scroll to Top