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Sunday, November 5, 2017

Crypto News: New York Preschool Accepts Bitcoin, But Not Credit Cards

New York Preschool Accepts Bitcoin, But Not Credit Cards

While Bitcoin sceptics claim that Bitcoin is only used for speculation and has no actual uses, a New York preschool has shown that Bitcoin can be a convenient and successful method of payment.

In an interview given by Marco Ciocca, the Chairman of The Montessori Schools in Flatiron and SoHo, to Business Insider, he explained that he had a few parents enquiring about the use of Bitcoin as a means to pay the tuition fees.

"We had probably a handful of parents who mentioned, Hey do you accept Bitcoin? I've got this Bitcoin. Can we pay tuition in Bitcoin?"

Since Marco had been following the Bitcoin space for the past few years and was aware of the advantages of using Bitcoin, including ease of payment, low fees and quick and speed of the transactions. Together with other members of the administration, Ciocca decided to add Bitcoin as a payment option.


Full story at http://bit.ly/2iwPW0J


Source: CoinTelegraph


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