While Bitcoin sceptics claim that Bitcoin is only used for speculation and has no actual uses, a New York preschool has shown that Bitcoin can be a convenient and successful method of payment. Enquiry from parents In an interview given by Marco Ciocca, the Chairman of The Montessori Schools in Flatiron and SoHo, to Business Insider, he explained that he had a few parents enquiring about the use of Bitcoin as a means to pay the tuition fees. We had probably a handful of parents who mentioned, Hey do you accept Bitcoin? I've got this Bitcoin. Can we pay tuition …

More and more business are beginning to love Bitcoin. The digital currency has gained a lot of popularity in the last year, and it's not just being accepted by companies, but also by the general public and small businesses. Bitcoin features incredibly low fees and commissions, so rather than deal with centralized entities, exchanging bitcoins is a lot cheaper because it is peer to peer, bypassing the hefty fees imposed by credit card companies and banks. Here are some more businesses that have either embraced cryptocurrency or are looking into the possibility of adopting it sometime in the near future. …