BitBuzz Daily: A look at all things new and interesting in bitcoin
Sunday 17 November 2013
We featured Part 1 of this series in our BitBuzz Daily a few days ago. This deeply deeply insightful piece by Jonathan Stacke on The Genesis Block continues the thread, homing in on the maturing infrastructure of the bitcoin economy. Well worth a read...
As initially discussed in Part 1 of this series, bitcoin’s exchange rate has garnered significant attention for its recent climb, but far less visible is the dramatic growth in the infrastructure underlying bitcoin economy itself. In continuing with the theme of Part 1, this report will look at the economic evolution behind bitcoin’s growth since the last time exchange rates climbed this dramatically.
In the beginning of this year, the notion of a business accepting payments in bitcoin – particularly at a physical store – was relatively unheard of. When bar/nightclub EVR (co-owned by Charlie Shrem of BitInstant) in New York began accepting bitcoin in April it made national headlines as a unique phenomenon. Since then, thousands of internet and brick-and-mortar merchants have adopted the cheaper, faster payment technology. Coinmap.org and usebitcoins.info tracks physical locations that accept bitcoin payment, with the total figure approaching 1,000 listed merchant locations.
Read More Here...
On the subject of Infrastructure, Bitcoin Black Friday is an awesome community initiative to boost bitcoin commerce going into the holiday season. The idea is to provide sponsor merchants with a hub through which to advertise their products to bitcoin shoppers, hunting for bargains in the run-up to Christmas. A fundamental component of all great ideas is that everyone wins and Bitcoin Black Friday encapsulates this concept perfectly.
Fortunately life isn't all bad for American bitcoiners, as a California based Day Trip organizer has just started accepting bitcoin. Sactrips offer landmark life experiences both in and outside the USA. Their latest destination is Jamaica but they also organize trips to Seattle and Ireland. Sounds nice...
Finally, she is a wife, a mum and a huge bitcoin advocate. The former two nouns might not naturally lead you to think of the third and this is exactly why Pua Pyland, aka Mrs. P or The Bitcoin Wife is trying to get the word out about 'The Strength No one is Talking About' in bitcoin circles: women.
Her presentation at the Austin Mini Conference, can be viewed below. It's a thought provoking watch and a great way to start your Sunday. Enjoy...!
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