Reflections on Bitcoin – 11: Dell.com
There was no doubt that one day we would wake up to find that a multi-billion dollar e-commerce operation now accepts bitcoin. On July 18, Coinbase reported that Dell.com has become the largest e-commerce merchant to accept bitcoin. See (The Coinbase Blog — Dell.com Partners With Coinbase to Become the Largest Ecommerce Merchant to Accept […]
Reflections on Bitcoin – 10: State of Bitcoin
Bitcoin continues to gain momentum. CoinDesk, a global news source for Bitcoin happenings, presented it’s State of Bitcoin Q2 2014 on July 10 at the CoinSummit in London. There are a number of highlights to their report. Bitcoin price has back come back 39% from the end of Q1. The number of stories mentioning Bitcoin in the […]
Reflections on Bitcoin – 9
Bitcoin continues to gain momentum. There are different estimates of how many merchants accept BTC, but there are thousands. Coindesk said that innovative merchants have been installing bitcoin payment-processing services in their stores and integrating it into their POS and ordering systems. Coindesk points out that bitcoin is a great way for merchants to appeal to […]
Reflections on Bitcoin – 8: The Coming Digital Anarchy
The pace of all things Bitcoin is picking up. On the tactical front, Expedia has announced that hotel reservations can be paid for with Bitcoin and processed through Coinbase, the Bitcoin payment processor. Expedia reportedly has plans to extend Bitcoin purchases to airline and car rental reservations in the near future. To Expedia, the new […]
Reflections on Bitcoin – 7
The value of a Bitcoin is up approximately 50% from recent lows. Does this mean just a spike among speculators, or does it reflect increasing belief in the fundamentals as described here numerous times? I see coinbase.com as a proxy for the future of Bitcoin. The company is based in San Francisco, California and claims […]
