Mobile Nations Releases Bitcoin Payment Statistics

Mobile Nations Releases Bitcoin Payment Statistics

Mobile Nations, operator of ShopAndroid, ShopCrackberry, the iMore Store, and Windows Phone Central Store has released some interesting statistics to CoinDesk regarding the usage of bitcoin on their store properties - which they began accepting in early December. Of all transactions that have taken place on Mobile Nations properties, roughly 0.004% of them were made in bitcoin. A small amount, certainly, but chief media officer at Mobile Nations Kevin Michaluk told CoinDesk that the individuals who do shop in bitcoin tend to spend more. "The single largest order placed in our stores in....

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Gold is a great way to preserve wealth, but it is hard to move around. You do need some kind of alternative and Bitcoin fits the bill. I’m not surprised to see that happening.

Jim Rickards, American Lawyer, Economist and Investment Banker