Tag Archives: Mt. Gox
Executive Coaching Firm Strategic Development Lets Clients Pay in Bitcoin
North Carolina Executive Coaching Firm Starts Accepting Bitcoin
Strategic Development, Inc., is a leadership development firm based in Research Triangle Park, North Carolina, and announced this week that it is the first such firm in North Carolina to offer clients the ability to pay in Bitcoin.
George Smart, Managing Partner at Strategic Development, said, “Our entrepreneurial clients are always looking for innovation and opportunities, including choice and flexibility in payment methods. As Bitcoin rises in prominence and use in the increasingly unstable global economy, so does the need to offer a universal digital currency payment option.”
Strategic Development is no stranger to payment innovation. In 1997, it was the first consulting firm in North Carolina to accept VISA, Mastercard, and American Express for professional services.
Bitcoin is increasingly being adopted as a global payment method because transactions are virtually instant, free, and nearly anonymous.
It is also gaining international popularity because it can accept payments from users in over 60 countries not served by PayPal, and in from countries where credit card use or acceptance are restricted because of political, fraud, and other reasons.
Strategic Development accepts Bitcoin using Mt. Gox, the world’s largest Bitcoin exchange based in Tokyo and Coinbase, a US-based exchange. Clients can use any conventional currency (dollars, euros, etc.) buy and sell Bitcoin through these exchanges for use with Strategic Development and any other businesses accepting Bitcoin.
About Strategic Development, Inc. and George Smart:
Over 400 organizations have trusted Strategic Development over the last 30 years for high-impact, relevant, practical leadership development simulations and executive coaching. Drawing from an MBA from Duke’s Fuqua School of Business plus training from the National Training Lab for Applied Behavioral Science, and the Center for Creative Leadership, Managing Partner George Smart conducts leadership development simulations to Fortune 500 companies and national associations on how to make the workplace less insane and more profitable. For more information, visit http://www.strategicdevelopment.com.
CC image by Dougtone
Top Bitcoin News Last Week: Mt.Gox Changes, Coingig, Winklevoss IPO
Bitcoin News
A roundup of the top Bitcoin news from June 27 to July 4.
Thursday, June 27
- States Targeting Bitcoin Companies for Money Laundering (Video)
- Bitcoin Exchange Mt. Gox Reaches Across the Table at G8 Summit
Friday, June 28
- Startup Profile: Coingig Launches the eBay Marketplace for Bitcoin
- Mt.Gox Now Offering International Wire Transfer to all US Banks
Saturday, June 29
- Bitcoin Awareness at 25% of US Population, Research Shows
- CES and SXSW to Feature Bitcoin Showcase Hosted by Startup Debut
Monday, July 1
Tuesday, July 2
Thursday, July 4
- Turn Cash into Bitcoins in Seconds with the Lamassu Bitcoin ATM Machine
- Bitcoin Exchange Mt. Gox Resumes U.S. Dollar Withdrawals
Bitcoin Exchange Mt. Gox Resumes U.S. Dollar Withdrawals
Bitcoin exchange Mt.Gox announced that they are resuming account withdrawals. Two weeks ago, Mt.Gox suddenly halted withdrawals of U.S. dollars, prompting wide concerns.
Below is the company’s published statement on resuming withdrawals and improving banking.
Dear Mt. Gox Merchants, Mt. Gox is happy to announce that global account withdrawals have now fully resumed as of today, after several days of testing our new system for processing transactions. We want to keep you informed about our progress in this arena, and especially assure our customers that their funds are accessible.
Progress in the Previous Two Weeks
While we announced that there would be a temporary hiatus on withdrawals, during our testing over the past two weeks we managed to process over $1,000,000 USD to customers. As this required a great deal of manpower and was not a perfect solution, we are quite happy with the progress made despite the conditions.
New Banking Partners
Mt. Gox has now formed relationships with several new banking partners both in Japan and around the world, and we are still in the process of finalizing even more. This means that we will have increased stability and ability to transmit withdrawals going forward.
Current Back-log
The new system is just now getting under way, so there is still a back-log of withdrawals that we need to process. Our team is working hard to increase transaction speeds, but there is approximately a two-week back-log we need to overcome. It will take a few weeks to get back to normal, and we thank you for your patience during this time.
Moving Forward
We at Mt. Gox are proud to be one of the first advocates and entrepreneurs in this growing ecosystem, but much still needs to be accomplished to bring trust and stability to a mass market. In addition to our improved withdrawal system and new trading engine, we are very excited about the innovation happening across our industry and around the world. Despite the hiccups, these are exciting times and we are eternally grateful for your confidence and support along this bumpy road.
Mt.Gox Now Offering International Wire Transfer to all US Banks
Bitcoin Exchange Mt.Gox Embraces US Banks with ABA Routing
Earlier this week, Bitcoin exchange Mt.Gox announced the support of ABA routing number based transfers designed to simplify withdrawals to US based accounts.
Mt.Gox users wishing to withdraw their funds to their US based bank account will now see along side the IBAN, SWIFT/BIC, a new ABA field where they will now be able to put their unique nine digit bank code identifying their branch.
Learn more at Mt.Gox.