Yelp is now listing businesses that accept Bitcoin. Apparently, the popular business review website is acknowledging the potential of the cryptocurrency.
Yelp users can now check if a particular business is accepting Bitcoin for payments.
Citing an example, Yelp mentioned "Little Lucy’s Mini Donuts," a donut shop in Austin Texas. When you check out its business profile on Yelp, you will see the new attribute: “Accepts Bitcoin." In this case, the donut shop is accepting Bitcoin as hinted by the word "Yes."
For business owners, they can add the new attribute by updating their settings via the business owner tools on biz.yelp.com.
"We’re constantly thinking about how to make our business attributes more useful for consumers and businesses," writes Justin O. on Yelp's official blog. "We’re hopeful the introduction of the Bitcoin attribute will provide yet another way for consumers to connect with great local businesses."
In spite of the controversies, Bitcoin is becoming more popular these days. Bitcoin has its advantages. It's not influenced by financial entities, and transactions are one-way, meaning you don't have to worry about chargebacks.
But, unfortunately, the digital currency can be hacked.
Gene Ryan Briones Gene Ryan Briones (Google+) is a technology journalist with a wide experience in writing about the latest trends in the technology industry, ranging from mobile technology, gadgets and robots, as well as computer hardware and software.
The “geek mind” is concerned with more than just the latest iPhone rumors, or which company will win the gaming console wars. I4U is concerned with more than just the latest photo shoot or other celebrity gossip.
The “geek mind” is concerned with life, in all its different forms and facets. The geek mind wants to know about societal and financial issues, both abroad and at home. If a Fortune 500 decides to raise their minimum wage, or any high priority news, the geek mind wants to know. The geek mind wants to know the top teams in the National Football League, or who’s likely to win the NBA Finals this coming year. The geek mind wants to know who the hottest new models are, or whether the newest blockbuster movie is worth seeing. The geek mind wants to know. The geek mind wants—needs—knowledge.