While we’re all about embracing change and innovation, we’re also quite risk-averse and fiscally-conservative.” As soon as we receive payment, we convert it to USD immediately and deposit the funds into our bank account. Goldschmidt stated, “I’m not nervous about a bubble at all, because we’re not holding the coin and speculating (that’s not our business). When asked about the currency’s stability, Mr.

Offering the ability to be paid in Bitcoin goes hand in hand with the company’s entrepreneurial vision, but it’s not something they are pushing onto customers. While they are aware Bitcoin is taking off significantly in both countries, they are not making it a point to switch entirely to cryptocurrency. Terra Exports does a significant amount of their business with China and India. If accepting Bitcoin facilitates this, then we are happy and proud to say we are already making it happen.” Our role as Terra Exports is to simplify and stream-line our customers’ purchasing needs, so they can in turn focus on what really matters to them. Goldschmidt stated, “Personally I see cryptocurrency as a game-changer that’s here to stay, and what our customers need today. Since then, Terra Exports has received Bitcoin payment in 3 other occasions, from customers both in the US and in India.

Nils Goldschmidt, President of Terra Exports, stated: “We’re all about entrepreneurial thinking and embracing change, so if that means we need to innovate on how we get paid, we are happy to do it.” Terra Exports was happy to accept payment in Bitcoin, and were excited to learn more about this new form of currency in the process. LAS VEGAS – Terra Exports accepted their first Bitcoin transaction in early-November this year, when a customer in Singapore casually mentioned they were looking into using cryptocurrency at a business level.

Nils goldschmidt terra exports