Why Not Accept Bitcoin for Goods and Services? James P. Jalil, Thomas F. Zych and Emily M. Little, Corporate Counsel March 5, 2014 | 2 Comments share share by mail share on linkedin Facebook share on twitter share on google+ Share With Email Send Thank you for sharing! Your article was successfully shared with the contacts you provided. print reprints The failure of the Mt. Gox Bitcoin exchange rattled investors. But other exchanges carry on, and this shouldn't deter your business from accepting the currency. Sign up for a free digital membership and get great benefits like: Already Registered? Sign In now Unlimited free access to Corporate Counsel and Law Technology News online 5 free articles* every 30 days, from other ALM publications Exclusive discounts on ALM events and products Corporate Counsel digital newsletter, plus your choice of more than 30 digital newsletters Access on the device of your choice: smartphone, tablet, or desktop Create Account with LinkedIn Register Now *May exclude premium content VIEW COMMENTS ( 2 ) ADD COMMENT What's being said Sign In Terms & Conditions not available Mar 05, 2014 You boldly state "There are electronic protocols in place that provide built-in checks against fraudulent transactions and counterfeit Bitcoins, and provide for the recording of Bitcoin transfers and the monitoring of Bitcoin flow..."Then what the hell happened to the 850,000 bitcoin ($480million!) that disappeared with Mt. Gox?Read more: http://www.corpcounsel.com/id=1202645406690/Why-Not-Accept-Bitcoin-for-Goods-and-Services? not available Mar 05, 2014 if it is divisible to the eighth decimal place, the increase is not eightfold but 10 to the eight power fold. no longer unique Comments are not moderated. To report offensive comments, click here. Preparing comment abuse report for Article# 1202645406690 Send Thank you! This article's comments will be reviewed.