Thursday, May 23, 2013

Yes, ZaReason accepts BitCoins

We have been following the growth of bitcoins since soon after they started. We followed the tough parts (when Mt. Gox was hacked and many lost funds, something that occurs in all markets), the happy parts (when some nice guy gave our teenage son 50 bitcoins for winning a silly contest), and the funny parts (when people compare the previous value of bitcoins to current value as in the $2,000,000 pizzas).
Public Domain Neutrality
Meet the $2 Million Dollar BitCoin Pizza by Katherine Mangu-Ward explains how two pizzas purchased mid-2010, "...are generally acknowledged to be the first tangible goods purchased with bitcoins, the online crypto-currency."

Silliness aside, bitcoins are a common sense next step for currency / merchant processing.

CC-SA ZaReason
Our personal favorite happened a while ago. A young kid, a Bay Area pre-teen, walked into our ZaReason shop in Berkeley and asked, "Can I buy a laptop with bitcoins?" We were about to ask him, "Shouldn't you be in school?" but once he mentioned bitcoins we knew he was probably serious.* He bought a Teo Pro, a subnotebook (I'm typing on a 3+ year old Teo prototype right now). He paid the dollar-to-bitcoin equivalent of the laptop. We transferred the money to USD and everything was properly accounted. 

If you're unfamiliar with bitcoins and do a few searches online you'll find all sorts of bad information. People tend to be scared of things they don't understand (though the less-dsyfunctional, smarter reaction is to be curious).

Bottomline: Currency is a funny thing. We could trade laptops for cookies if we wanted to** (which would require a which is simple enough). Bitcoins are easy enough to turn into USD and despite the way they are typically slandered, they are a potential solution to the many issues that plague the merchant processing industry. Bitcoins are a great solution and the merchant processing industry could see that if they stopped being scared and started being curious.

We are thrilled that there are enough people who buy computers from ZaReason who are smart enough and curious enough (open-minded enough) to ask us if they can use bitcoins. If you want to purchase an item from (or for Australasia) when checking out please select the Purchase Order option and mention in the Notes field that you'd like to pay with bitcoins.

People get their computers using cards, checks, wires, purchase orders, all sorts of payments. Using bitcoins isn't bizarre. It's just different.

--Cathy Malmrose for ZaReason

* Later I tried to hire him but it was too late. He was already working on other projects.

** We don't actually accept cookies as payment. Please don't ask, especially don't ask in the late afternoon when we are hungry for a snack. Thanks.