Spend Bitcoin
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More and more online businesses accept bitcoin each day, such as Overstock, Expedia, and Dell. Non-profits like Wikipedia and the United Way also accept bitcoin donations. Start looking for a bitcoin payment option, you never know where Bitcoin may be found.
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Interested in using bitcoin at the local farmers market? Ask local merchants when making a purchase. Bitcoin adoption starts with you. The biggest reason a consumer or individual is not using bitcoin is because they are unaware of how it works, if they know about it at all. Take time to talk, build a friendship, and inform people on how their current payment systems work and how Bitcoin can help solve their needs as an alternative.
Merchant Directories
Coinmap.org is also great source to find bitcoin accepting merchant locations.
UseBitcoin.info
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SpendBitcoins.com
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Bitcoin Trading Forum
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Bitcoin Remittances
What are remittances? In 2014 it is estimated over $500 billion in finances was sent over seas, by migrants, to their families in the developing world.
The traditional financial system, designed to prevent the flow of wealth between boarders, can be cumbersome and costly. The international remittance market is comprise of three segments: collection, transport, and distribution. Each segment may be comprised of multiple players and steps. Each adding up to 3%. Bitcoin lowers the cost of all three. The main barrier for bitcoin remittance is knowledgeable consumer adoption at the local level, coupled with fear from traditional financial regulators.
With access to the internet anyone can send and receive bitcoin. With adoption, local exchanges would provide a service to trade bitcoin for local currency or goods. While out-dated regulations and slow regulators can add resistance to this adoption, ultimately Bitcoin can empower anyone at a local level, with liquidity and a good reputation to act as an exchange.
This exchange service could be in the form of an existing exchange service model such as coincove.io, or it could be in a simpler form such as a local ATM such as Bitcoin42, or it may be a local individual who has extra cash and wants to provide a service for his neighbors.
The traditional financial system, designed to prevent the flow of wealth between boarders, can be cumbersome and costly. The international remittance market is comprise of three segments: collection, transport, and distribution. Each segment may be comprised of multiple players and steps. Each adding up to 3%. Bitcoin lowers the cost of all three. The main barrier for bitcoin remittance is knowledgeable consumer adoption at the local level, coupled with fear from traditional financial regulators.
With access to the internet anyone can send and receive bitcoin. With adoption, local exchanges would provide a service to trade bitcoin for local currency or goods. While out-dated regulations and slow regulators can add resistance to this adoption, ultimately Bitcoin can empower anyone at a local level, with liquidity and a good reputation to act as an exchange.
This exchange service could be in the form of an existing exchange service model such as coincove.io, or it could be in a simpler form such as a local ATM such as Bitcoin42, or it may be a local individual who has extra cash and wants to provide a service for his neighbors.
Bitcoin Donations
More and more blogs, websites and charities are accepting donations of bitcoin. It's easier for both parties. The web owner does not need expensive financial services and there is no minimum transaction so the reader can send whatever he/she thinks the content is worth.
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As an example, here is our QR code for reader donations. If you feel this content is worth something, please consider donating to help us improve the experience.
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BitGive Foundation
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Developers Fund
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Sean's Outpost
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Online Content
Don't forget about online content. The internet was made to send information at the speed of light. Before Bitcoin, good payable content was limited by slow payment architecture designed and built in the 60s. Now with Bitcoin everyone online can exchange goods and services in seconds.
WatchMyBit |
BitMonet
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Learn More
What can you Buy
(Coindesk.com)
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Bitcoin Remittances
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Gift Cards with Bitcoin
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Bitcoin Tipping
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