Tag Archives: bitcoin payments

Report: Blockchain in Retail to Grow from $80m to $2.3B by 2023

A survey conducted by fintech specialist Monica Eaton-Cardone found that about 78 percent of retailers will have joined the blockchain revolution by 2023. The market value of blockchain in the retail sector could grow to more than $2.3 billion with a compound annual growth rate of 96.4 percent, the study suggests. 78 Percent of Retailers Will Adopt Blockchain in… Read More »

Hey Paul Krugman, Bitcoin Doesn’t Need ‘Men With Guns’ to Have Value

Bitcoin is not without its vocal band of critics and naysayers. The Nouriel Roubinis and Paul Krugmans of this world would have you believe that Satoshi Nakamoto’s creation is 100 percent doomed to fail. Bitcoin Doesn’t Need Men with Guns Earlier in the year, Bitcoinist reported on Paul Krugman’s column in the New York Times where the Nobel… Read More »

The Google Pay for Bitcoin Wallets: Payment Codes and PayNym Bots

An emblematic, and probably the most controversial feature, cryptocurrencies brought to the world economy is absolute privacy. Lately, however, it seemed that this property was lost as financial institutions started to get the hang of the way they work. PayNym claims to be able to bring it back. “When you walk the streets, it’s good to have a… Read More »

CoinGate’s Lightning Network To Boost Bitcoin Adoption, 4,000 Merchants Already Onboard

The Lightning Network is about to breach the 102 BTC capacity, and that could very well be the nicest thing to happen to Bitcoin of late. The Lightning Network brings to Bitcoin what everyone has been waiting for all along: A faster, secure payment processing system right at the top of the Bitcoin blockchain. That’s exactly what CoinGate… Read More »

Bitcoin ATMs Find Love In Greece, Market To Boom

Over the last few months, crypto ATMs have grown popular in various regions in the global financial market, with many market players getting onboard. Crypto ATMs allow users to buy or sell their digital assets like Bitcoin, Litecoin, Ethereum, Dashcoin, and others. Greece is one of the countries where these machines are fast gaining popularity. What Makes Them… Read More »

Bitcoin Could Make Credit Cards Obsolete

According to some financial experts, Bitcoin transaction fees are lower. In addition, Bitcoin bypasses the unnecessary and expensive financial institutions within which credit cards depend. Therefore, experts believe that Bitcoin’s advantages will encourage merchants to replace credit cards with Bitcoin. Satoshi Nakamoto: Bitcoin Payments Are Similar to Cash Transactions High credit card fees continue to be borne by… Read More »

Coinbase Submits Patent Application for Bitcoin Payment System

Coinbase has submitted a patent application for a new Bitcoin payments system with enhanced security protocols. This patent filing is the latest in a series of applications submitted by the company as they continue to be prolific in the area of protocol development for the emerging cryptocurrency ecosystem. Details of the Bitcoin Payments System According to a filing… Read More »

Starbucks, Microsoft, and ICE to Launch Bitcoin Payments Provider

Big corporate names, including Starbucks, Microsoft, and Intercontinental Exchange, are partnering up to launch an integrated platform that enables consumers and institutions to buy, sell, store, and spend digital assets on a seamless global network. Leveraging Microsoft’s cloud solution, the open and regulated global ecosystem for digital assets may be the tool Starbucks was looking for to accept payments… Read More »

Bitcoin Payments Now Acceptable Via BTCPayServer at CheapAir

Bitcoin payments BTCPayServer has been selected by CheapAir for the processing of its bitcoin payments after Coinbase shut down its merchant platform a few months back. The travel agency is thrilled with the end results of the new processor testing and believes the digital currency is a win-win situation for them. CheapAir finds its Bitcoin payment processor after… Read More »

Overstock Sees Cryptocurrencies as a Great Business Opportunity

Overstock, an online retail giant famous for embracing crypto-friendly policies in 2017, announced the satisfactory results of the application of its new business model. Jonathan Johnson, a member of Overstock’s board of directors, informed that the company grew to accumulate capital of more than 1Bn USD, with earnings in cryptocurrencies exceeding 100k: “We have somewhere between $68,000 and… Read More »