Sentences with phrase «bitcoin as a means of payment»

We've done some digging to find out which merchants accept Bitcoin as a means of payment in the United Kingdom.

For the intrepid traveler, using bitcoin as a means of payment while traveling abroad is a great way to connect with local bitcoin communities and also potentially save on transaction fees.

Some companies have been dropping Bitcoin as a means of payment due to the high fees associated with it.

According to one user, the platform has stopped accepting Bitcoin as a means of payment.

Some Reddit users suggest that, perhaps, the corporation really intended to give up supporting bitcoin as a means of payment but changed its mind due to expressed dissatisfaction of customers.

Today, there are already thousands of merchants around the world accepting Bitcoin as a means of payment, thus proving the growing usefulness of it.

One of the first universities in Germany to accept Bitcoin as a means of payment is the European School of Management and Technology (ESMT).

The Bitcoin is no longer shelved, some of the largest companies in the world are beginning to accept cryptocurrencies such as Bitcoin as a means of payment.

In May 2014, following the request of many customers, DISH called on Coinbase to integrate Bitcoin as a means of payment for its satellite television services.

One of the biggest companies on earth, Amazon, could soon accept Bitcoin as a means of payment.

However, Japan recognised Bitcoin as a means of payment.

That situation provoked several enterprises and businesses to adopt Bitcoin as a means of payment.

Recently, in their bid to further grow their business and procure more clients and make it easier for them to have a flourishing business, the company decided to start accepting Bitcoin as a means of payment.

The 2015 letter asked if in the exercise of its activity it would accept bitcoin as a means of payment.

Not only that, but with bitcoin adoption strong in Japan and South Korea, with retailers and e-commerce providers accepting bitcoin as a means of payment, it is demonstrating the steady movement that the cryptocurrency is making into the real world.

Amazon is thinking seriously about accepting Bitcoin as a means of payment.

BitCoins can be used to buy goods or services worldwide, provided that transaction partners accept BitCoin as a mean of payment.

The PEY terminal is being offered for free to local merchants to encourage the use of bitcoin as a means of payment, while bypassing the high fees imposed on German traders by credit and debit card companies.

By contrast, Japan has regulated Bitcoin as a means of payment.

The number of merchants accepting Bitcoin as a means of payment has steadily increased over the past year.

Although it has been in operation for ~ 250 years, Sharps Pixley has shown that it is in sync with the times by deciding to accept Bitcoin as a means of payment.

Amazon is one of he biggest enterprises that is rumoured that wants to accept Bitcoin as a means of payment.

Not exact matches

True to its origins as an open, decentralized currency, bitcoin is meant to be a quicker, cheaper, and more reliable form of payment than money tied to individual countries.

Jack Dorsey, the chief executive of both Square and Twitter, has said that he views bitcoin as more of an investment vehicle than a means of payment.

What's more, even new, alternative currencies, as well as presumably anonymous means of payment like the Internet currency Bitcoin, rank among the targets of the American spies.

I think it's likely we'll begin to see more of this, sites integrating Bitcoin not as a payment option, but as a means of interaction between readers and users.

Bitcoin got an unexpected endorsement this week - federal authorities signaled they view the digital currency as a legal means of exchange and legitimate payment alternative.

At the time Johnson also revealed that Fidelity had been accepting bitcoin payments in its cafeteria, but said the experiment had highlighted the technology's flaws as a means of payments.

Bitcoin has since been adopted by several merchants as their means of payment.

Bitcoin is accepted as a means of payment for goods and services.

But the Bitcoin network's inefficiencies mean nobody is using it as a means of payment, merely speculating on its price.

Recognizes bitcoin as a «legal means of payment».

While this might sound somewhat similar to Bitcoin, there are major differences between the two, the main one being that Bitcoin is a decentralised currency — a store of value and a means of payment — whereas Ripple focuses on a single use case: sending money as fast as information.

Harris stated that Bitcoin is useless as a means of payment.

Unlike Microsoft, neither Apple Store nor Google Play Market yet regards bitcoin as a possible means of payment for their digital products.

Neither Apple Store nor Google Play Market considers bitcoin or any other cryptocurrency as a possible means of payment.

The Lightning Network meant to help Bitcoin and Litecoin scale to handle more payments has been under sustained DoS (Denial of Service) attack emanating from an friendly anonymous source or sources known as «BitPico.»

Lightning Network will revive Bitcoin's utility as a means of digital payments, allowing it to further penetrate the mainstream payments world.

Germany won't tax bitcoin users for using the cryptocurrency as a means of payment, the Ministry of Finance has said.

Unlike the U.S., Germany will regard bitcoin as equivalent to legal tender when used as a means of payment, according to a new government document.

The long - awaited bill, which goes into effect on April 1, still does not recognize bitcoin as a currency, but it has accepted that bitcoin and other cryptocurrencies have «asset - like values» that can be used «as payment to indefinite parties for the cost of purchase or rent of items or receipt of services and which can be transferred by means of electronic data processing systems,» explained Bitflyer exchange.

While this might sound somewhat similar to Bitcoin, there are major differences between the two, the main one being that Bitcoin is a decentralised currency — a store of value and a means of payment — whereas Ripple focuses on a single use case: sending money as fast as information.

Ticket Camp, a premier customer - to - customer (C2C) ticket exchange marketplace in Japan have made the public announcement of being the front runner in the sphere of accepting Bitcoin as a payment means for issuing tickets in Japanese ticket industry.

While bitcoin merchant adoption is still next to none in India, the new currency reform and the subsequent push toward digital payments will give bitcoin a boost as a means of making online payments.

The legislation follows a series of pro-cryptocurrency moves from the Japan Diet: If you recall, Japanese lawmakers signed a landmark bill early this year that recognize cryptocurrencies like bitcoin as a method of payment «for the cost of purchase or rent of items or receipt of services and which can be transferred by means of electronic data processing systems.»

The news source suggested that Benke remains optimistic about bitcoin's potential as a means of payment on the continent, but that the move was a business decision, writing:

The German authorities justified this decision by stating that all virtual currencies such as Bitcoin will be considered a legal method of payment as long as all parties involved in the transaction accept that that cryptocurrency will be used as a means of payment.

Furthermore, starting from 1 January 2018, issuing, trading and using illegal means of payment, including bitcoin and other cryptocurrencies, may be subject to prosecution, as amended to the penal code of Vietnam in 2017.

You will still be able to use it as a store of wealth, sell it for local currency — or other digital currencies — based on the relevant exchange rate (s), send it to other Bitcoin wallets, and use it as a means of payment all around the world.

«So - called virtual currencies (cryptocurrencies such as Bitcoin) are considered equal to the legal means of payment, as long as these so - called virtual currencies have been accepted as alternative and contractual means of payment by the parties involved in the transaction and have no other purpose than being used as a means of payment.»