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Comment on Bitcoin Tops $50USD on MtGoxparent

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Because the cost of accepting them and converting them to currency is less than the transaction fees of credit cards or PayPal. If you don't need to convert to cash right away, then the transaction fees are very low indeed.

Not for reddit:

    So far we're spending more money on accountants handling the non-trivial 
    reconciliation of our BTC transactions than revenue we're making in Bitcoin, 
    haha. Hopefully it will get better.
http://www.reddit.com/r/Bitcoin/comments/19t3uq/hey_rbitcoin...
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