The Bitcoin.com Podcast: Kent Liu of Purse.io
On this episode of the official Bitcoin.com podcast, our host Zach Doty sits down with Kent Liu of Purse.io, a service that lets users spend bitcoin on Amazon purchases with discounts. During the show, Liu explains how Purse.io works, and how much users can expect to save by using the service to shop on Amazon with bitcoin. Liu says that the Purse team....
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On October 13, Purse.io launched native international shipping support. This new development opens the door for more shoppers in areas Amazon does not serve. The new integration, with USendHome, caters to shoppers who want an in-app solution. USendHome also provides additional guarantees such as product pictures, advanced package tracking and fast....
BCoin is a fullnode bitcoin client which implements all the latest BIPs (BIP 150, 151, and more) and includes support for SegWit. Since bcoin is a fullnode it can process the entire blockchain just like bitcoincore and btcd. BCoin is implemented in pure javascript, and is browserify-able (this means compiling a binding to an ECDSA library is not even required for node.js). They have now begun integrating the Lightning Network. It’s tentatively called “blight” (bcoin Lightning) for now. Purse.io takes over this episode as both Christopher Jeffrey (JJ) who is the CTO & Engineer at Purse....
Name: Purse. What it is: A peer-to-peer marketplace that matches individuals wanting to buy items on Amazon at a discount with others wanting to buy bitcoin with a credit card or via PayPal. The service claims discounts of up to 20% for bitcoin shoppers. Who's behind it: CEO and co-founder Andrew Lee, previously an advisor for BuyBitcoin.ph and co-founder at Superior Payments Processing LLC, and co-founder and CTO Kent Liu, formerly an engineer at IBM and Northrop Grumman Aerospace Systems. (See the full team here.) Roger Ver and BTC China's Bobby Lee (also an adviser) are both investors....
Back in November of 2015, Andrew Lee CEO of Purse.io announced its new venture Purse Merchants via Bitcoin.com’s All-Star AMA sessions. The company has just notified us that Purse Merchants is now live and rolling out its services to the public. Now anyone globally can purchase and sell items for bitcoin utilizing secure escrow transactions. Bitcoin.com....
For Bitcoiners, Purse.io seems to be one of the best options for spending Bitcoin for goods, as Amazon carries almost anything you would want to buy. In addition to the ability to spend Bitcoin on Amazon products, Purse.io allows you to choose a discount rate between 1-50%. However, since Purse acts as an escrow service, it is extremely unlikely that you will be able to get a 50% discount on anything. In past transactions with Purse, I’ve gotten up to a 35% discount on items that were less than $10, 30% off of items that were less than $30, and 25% off of anything higher than that. In....