A group of local trades and service businesses that accept Bitcoin Cash, and settle with each other directly rather than through a bank or a payment processor.
It has started. The first business is listed below. We are adding to it gradually rather than taking signups all at once, so that every business in it is one we have actually spoken to.
Why a co-op, and what Bitcoin Cash is doing in it
Most local trades compete with each other for the same jobs, which pushes prices down and quality down with them. The alternative is not to stop trading with your neighbours but to change what happens when you do.
Bitcoin Cash is the part that makes it workable. Two businesses that both hold it can settle a bill directly, with no bank approving the payment and no processor taking a percentage, and payments inside the network are fast and cheap enough that small jobs stay worth billing each other for. A window washer fixing a landlord’s gutters and a landlord paying for it in the same currency needs nothing from a bank to complete that exchange.
That is the whole mechanism. It works with two businesses, it works with twenty, and it does not require anybody’s permission.
Each business below accepts Bitcoin Cash for its own customers. What they share is the ability to invoice one another in it.
Joining
There is no membership fee, no minimum volume and no obligation to use it with anyone else in the group. Businesses can join simply by accepting Bitcoin Cash themselves.
We are adding businesses by hand rather than opening a listing page, because a directory anyone can join tells you nothing. If you run a trade or service business in Spokane, the Spokane Valley, Coeur d’Alene or the surrounding communities and you accept Bitcoin Cash, get in touch and we will add you.