While I certainly don't want to call this "bad" news, not by any stretch of the imagination... I can't shake the feeling that bitcoin keeps being accepted by "Tier 2" companies in the industry. We wanted Newegg, got TigerDirect. We wanted Amazon, got Overstock. We wanted DirecTV, got DISH. While these are all big companies and certainly good for the ecosystem, I don't think they will be the "to the moon" catalyst that people have been calling out. We really need an industry leader (or "Tier 1" if you will). Once we get that, then we'll have gotten the "pass" that we need. We need to face facts that just accepting bitcoin is not going to catapult one of these companies above their "big brother". DirecTV is twice the market cap of DISH. I feel like it's being used as an attempt to boost small market share by targeting a niche market. The big guys don't do this because they don't have to. I feel this is marketing-driven, not actually customer-experience driven. Again, I don't want this to sound like a complaint! I'm super excited that we have a new "leader" that has 70 times the market cap of our previous largest. $27 billion. Wowza. However, we need to recognize that this isn't giving bitcoin quite the reputation that it needs yet. Once we get an industry leader, it no longer becomes about just marketing and trying to pick up a small chunk of the market, it means they will actually believe in the benefits that bitcoin gives them. tl;dr Once we get a "Tier 1" company we'll be to the moon, but for now I question the motives of these companies accepting bitcoin (marketing vs. actually believing in bitcoin benefits). Still a definite step in the right direction though!
When merchants like Dish accept bitcoins for recurring services, who would I pay them? Currently, it is not unusual for me to set up a credit card on file for them and they would charge me ever month (which could be different from month to month). It is my understand that it won't work with Bitcoin. So, how would it work?
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Before you get yourself some Bitcoins, you may wonder who accepts Bitcoins as payment? Since Bitcoin is relatively new and many businesses are wary of its price fluctuations, you may not find it surprising that it is not as widely accepted ... Dish Network – An American direct-broadcast satellite service provider; The Libertarian Party – United States political party; Yacht-base.com – Croatian yacht charter company; Euro Pacific – A major precious metal dealer; CEX – The trade-in chain has a shop in Glasgow, Scotland that accepts bitcoin; Straub Auto Repairs – 477 Warburton Ave, Hastings-on-Hudson, NY 10706 – (914) 478 ... One of their competitors, Dish started accepting bitcoin back in 2014. Dish is Satellite television and Internet service provider, its primary competitor being AT&T’s satellite service known as DirecTV. 3. Food & Beverages (Source: Paybis, Paxful) You can now use your hard-mined money to bring food on the table. "DISH is now accepting bitcoin because we are listening to customers and providing them with the choice and convenience they want," said Bernie Han, DISH executive vice president and Chief Operating Officer. "When we announced that DISH customers could pay with bitcoin, we heard some enthusiastic feedback from bitcoin users. Starting today, they can choose bitcoin as a payment option for their ... DISH Accepts Its First Bitcoin Payment. Stars of “Life on Bitcoin” documentary are inaugural customers DISH customers can now pay with bitcoin at mydish.com DISH is now accepting bitcoin because we are listening to customers and providing them with the choice and convenience they want ENGLEWOOD, Colo.--(BUSINESS WIRE)--DISH® accepted its first bitcoin payment today as the payment option ...
Bitcoin News 30th May 2014: DISH Network to start accepting bitcoin
10 Awesome Stores That Accept Bitcoin Payment Bitcoin Payment Explained Have you ever asked yourself if there’s a store where you can spend your bitcoins w... US satellite service provider Dish Network has announced that it will team up with Coinbase to accept bitcoin payments by Q3 of this year, which could make it the largest company in the world to ... In this section of the documentary we introduce a broad selection of merchants to give you a sense of how diverse the businesses that cryptocurrency are. We ask them why they accept Bitcoin. Jenny ... Dish Networks accepts Bitcoin -- Dutch Bitcoin Mania -- Pheeva, Gyft and iOS MadBitcoins. Loading... Unsubscribe from MadBitcoins? Cancel Unsubscribe. Working... Subscribe Subscribed Unsubscribe 7 ... Bitcoin Mania is here, many believe that it will go mainstream and it already has in some ways. As of this year, many companies accept Bitcoin as payment including Microsoft, Overstock, Dish ...