It is true that the number of merchants that have Bitcoin as one of their payment options is on the rise. However, still the majority of stores and establishments both online and offline, including large internet based retailers such as Amazon and eBay, do not accept it. This inconveniences holders of bitcoin. Moreover, this situation [...]
We’ve read that Bitcoin is the new way of paying for things online. We’ve learned that people are increasingly accepting the value of Bitcoin, and even in resorts primarily located outside the main centers of commerce, Bitcoin has been progressively accepted as payment for products as local as beer, room accommodations and even fruits! Yes, [...]
Let's break it down in the simplest terms: Bitcoin is what you can use to purchase products and services online. Among many things, Bitcoin is money. Digital money. By digital, we simply mean the kind of money people use online to purchase books, gadgets, clothes, accessories, DVDs, the money used to order pizza. Everything purchasable [...]
For the last few months, the Bitcoin community has been struggling to find consensus on how to scale the rate at which the bitcoin network confirms transactions. As the urgency to find a solution grows, so does the intensity of the deliberations. In this blog post, we seek to make sense of this debate [...]
