There's already talk of eBay, Amazon and others considering Bitcoin acceptance for item sales. (Reasons and background explained below.) Wouldn't it be nice if Dreamstime, Videoblocks, Nimia or Shutterstock, for example, started selling stock image downloads for Crypto coins too?
Bitcoin and other Cryptocoins have been taking my attention again. After a truly breathtaking series of price high after price high (measured in dollar and other paper-currency terms). Bitcoin's latest high is $9771, as of last night. Most highs of the recent ones did not even hold for long -- they were replaced by even better ones. That often happened within only hours. Similarly, Altcoins are doing exciting things, too. The overall coinmarketcap is now up more than 300% within a period of just half a year.
For a number of businesses this might be another chance to consider accepting Bitcoin payments for products and services. First to the scene among sizeable vendors have been Overstock, introducing Bitcoin payments already in 2014 or so. I started accepting Bitcoin and Alt coins for immediate photo and video downloads myself, but it#s much more important that larger agencies jump on the bandwagon soon. In the wider online offerings area, there are now rumors of eBay, Amazon and others considering Bitcoin payments, too. U. S. tax regulations are about to be amended and include a tax-free threshold of $600 for Bitcoin payments, giving Crypto payments the same status as foreign (fiat) currencies when it comes to income tax. (These amendments might, in fact, have been brought up due to lobbying by Amazon and similar interests on Capitol Hill in the first place, as they would give them an easier way of opening up additional target groups, thereby gaining additional customers and more revenue by accepting Crypto coin payments and not worry about income-tax implications.)
It should, most certainly, not only be me selling images for Bitcoin and Altcoins, but the time for the large stock image agencies accepting Bitcoin may also be right around the corner.
Beyond just opening up new markets for them, this might also benefit both contributors and customers alike, reducing payment processing fees as well as allowances for losses due to credit-card charge-backs which are heavily priced in to sales prices these days.
