Government Technology

Credit Demands Trust; Bitcoin Bypasses It




Taka Torimoto of Atlanta uses his phone to make purchases at fast food restaurants and other places that accept alternate methods of payments from cash and credit cards.

April 21, 2014 By Sean Sposito, McClatchy News Service

They don’t take cash.

At martial arts gym Atlanta Kick, they accept credit cards, debit cards and … bitcoin.

There is no register. Only a safe in the back and a 2-D QR code in the office underneath the price sheet that people can scan on their smartphones in order to shoot bitcoins to the gym’s digital wallet.

“If you don’t have a credit card, we don’t want you,” co-owner Jeff Thompson said, jokingly. “Unless, of course, you have bitcoin.”


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