The bitcoin merchant processor Bitpay has teamed up with the largest business so far to accept bitcoin, worth over $27B:
We’re excited to announce that DISH will accept bitcoin and has chosen Coinbase as their bitcoin payment processor.
DISH today announced they are the largest company and first subscription model pay-TV provider to accept bitcoin, marking a large step forward in the growing momentum of customers paying companies in bitcoin for things we do every day, like watching premium TV. Continue reading
“We’re bringing Bitcoin to the mainstream with transactions that are instant, free, global, and secure.” – CEO Jeremy Allaire
For more information and Bitcoin news, check out their website: www.circle.com
The US Government has approved the use of Bitcoin for campaign donations, but that comes with a grocery list of requirements and breaches in privacy:
*Donate with Bitcoin, as long as you:
- Don’t exceed $100 worth
- List your name and address
- List your occupation and employer
- Prove you own them
- Married: Get spouses approval
- Prove you are not a foreign national
- Account for capital gains
“Using bitcoin as payment for PACs, therefore makes PACs subject to IRS search warrants to catch individuals avoiding taxes illegally. And given what we have seen in Switzerland in cracking down on tax avoidance, we should fully expect the IRS to use this to justify PAC search warrants, whether politically motivated or not.”
RT has more details: http://rt.com/usa/157764-fec-okays-bitcoin-for-pacs/
SUCH RACE. V LIVE.
Watch Josh Wise take the seat in the DOGECOIN Racecar, also called the DOGECAR, backwards is RACEGOD!
Live 1PM EST || Password = dega
Did you know you can purchase gift cards instantly to hundreds of retailers like amazon and walmart, using your bitcoins? Check out this video:
Over an over the top posts on reddit are issues that directly affect the bitcoin network, currency or protocol. Today that top post would be a PSA about the number of bitcoin nodes decreasing. Nodes are the number of computers on the network with a full copy of the blockchain:
A full Bitcoin node is the backbone of the Bitcoin network. Miners are important, but full nodes are too. They spread transactions across the network. They have the only copy of the entire blockchain, and run the memorypool. Without full nodes in operation there is no Bitcoin.
We can look at the launch of the “internet” back in the 90’s and get some perspective into the market’s adoption of new technology. Bitcoin is not the money of the internet, Bitcoin is the internet of money.
After helping to inaugurate CNN.com on the Internet in the early 1990s, Garzik worked at a succession of Internet startups and service providers for over two decades, all while working on open source software engineering projects.
New rules in Texas for Digital Currencies like Bitcoin!
2013 was a breakout year for bitcoin. While many people are still trying to grasp the concept of “what exactly is a bitcoin?”, even more businesses are starting to ask the question “do we need to care?” With any new technology there are going to be advantages and disadvantages, risks and rewards. Bitcoin is no exception. Today I want to explore the idea of why YOUR business should consider accepting bitcoin and even more important explain from a business standpoint “what’s in it for me?”
Why would my business want to accept bitcoin? Click here to read: 10 Reasons Why Your Business Should Accept Bitcoins.
Accept credit cards and BITCOIN on your iPhone, Android or iPad through the payment processor Square!
In an announcement posted on its website, the company said that it is currently developing tools to allow sellers to be paid using any method of payments that buyers want to use.
“Sellers should never miss a sale. We’re building tools so sellers can accept any form of payment their customers want to use. Making commerce easy means creating easy ways to exchange value for everything from a massage to a DODO case for your IPad,” said the company in the statement. “In that spirit, starting today, buyers can purchase goods and services on Square Market with Bitcoin.”
Full Article Here.
Mike Maloney answers a question about Bitcoin and explains it’s relation to the financial industry.
BIG NEWS: Gyft quietly adds WALMART to its arsenal of gift card offerings!
In the last year, Gyft has offered a way to convert bitcoin into popular store gift cards like Target, Burger King, Bass Pro, Victoria Secret and more. Now they can boast bitcoin support for one of the largest retailers in the world.
No longer can anyone say Bitcoin can’t buy you the things you need, day in, day out.
Use your Bitcoin to:
Get low prices every day on thousands of popular products in stores or online at Walmart.com. Shop Walmart for electronics, appliances, clothing, toys, home goods, and more. There are more than 4,700 stores across the U.S. with over 11,000 locations worldwide in 27 countries.
Check out their other store’s gift cards here: http://www.gyft.com/shop-for-gift-cards/
GOXXED: There are many people in the bitcoin space, but these two are masters at providing logical arguments and effective examples. This conversation even allows the bitcoin noobs to wrap their head around the recent ‘goxxing’.