Bitcoin Business Archives – The Basics about Cryptocurrency

Bitcoin start-up E-Coin has launched a virtual bitcoin debit card that works where VISA is accepted. The virtual bitcoin debit card has until now existed in the realm of possibilities largely due to the idiosyncrasies of the global financial system. E-Coin solves a problem that has affected bitcoin users worldwide. Bitcoin users have had to cope with limited spending opportunities. By combining bitcoin with VISA, users of the virtual prepaid card will now be able to perform all the normal transactions that ordinary cardholders are able to do such as load funds, withdraw, and shop online. The most exciting aspect about E-Coin is its merging of the traditional financial architecture with the new reality of digital currencies. E-Coin currently has about 20,000…

When it comes to images of bitcoins, the pool content developers have to choose from is pretty limited – to the point where most readers tend to recognize photos from other stories, and that’s a problem. However, bit4coin is aiming to solve that problem by reaching out to the bitcoin community at large and offering up a Bitcoin Photo Contest. The Basic Rules Of The Bitcoin Photo Contest Photographers and graphic artists have until October 15, 2015 to submit their bitcoin photos. The guidelines are pretty straightforward – as long as the picture has something to do with bitcoin, obviously or subtly, the photo is eligible for the contest. It should go without saying that anyone submitting the photos should have full rights to them, and to keep the…

Have you ever thought to yourself, “I really wish I could ship a large inflatable middle finger to my best friend”? Well, now you can…and you can do so for Bitcoin! “The idea came from a friend,” Kurt Zoe, co-founder of Ship The Finger tells me.  “After hearing of the Ship Your Enemies glitter service, he wanted to send something different.” So the idea for Ship The Finger was born. “He told me that he wanted to send the finger to his dad as a joke after a football game. He told me his idea then we built the Ship The Finger website.” To be sure, the site does not want to be used to spread hate. “It is supposed to be a joke. It’s not meant to be a threat or a way to bully,” Zoe tells me. “The main reason behind the site is…

Photo Credit: Wikipedia According to Vinny Lingham, CEO of digital card platform Gyft, when the company first integrated bitcoin payments they accounted for 90% of the company’s sales. Although Paypal and credit card purchases made up the remaining 10%, Mr. Lingham has stated to CoinDesk that the field has shifted dramatically. Since the initial bitcoin integreation in 2013, Gyft has seen an incredible 80% drop of bitcoin’s usage, leading to a complete reversal of purchasing trends – now Paypal and credit cards make up 90% of the payment methods, while bitcoin hangs on at 10%. Lingham remains steadfastly fascinated by bitcoin, as he has since he spearheaded the endeavor to accept it as a payment option. “The reason we started [accepting…