Facebook, Meet Bitcoin and Get Bits

Facebook, Meet Bitcoin and Get Bits

On July 17, BitPay announced the launch of Get Bits, a simple solution to Get bitcoins anywhere in the world. If "What is a Bitcoin?" is the number one question asked, perhaps "How do I get a Bitcoin?" is the second most asked. Buying bitcoins is one of the biggest hurdles to getting started; that's why BitPay created Get Bits. Get Bits lets you give and receive bitcoins to your friends through your Facebook. BitPay is a payment provider used by both Newegg and TigerDirect amount others. Its strongest competitor is Coinbase, which has just picked up Dell as its newest and largest partner.....


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BitPay Introduces 'Get Bits': A Facebook Bitcoin Sharing App

Atlanta, Georgia-based BitPay has today introduced a new Facebook application that will allow users interested in bitcoin to get the digital currency from their very own friends over the social network. Dubbed 'Get Bits', the app is one of many solutions available for newcomers to bitcoin to get their paws on the highly talked about digital money. From BitPay: We're always looking to grow the Bitcoin space, and buying bitcoin can be the biggest hurdle to getting started. Get Bits is an easy way for newcomers to get bitcoin through their Facebook friends. As we release the API - and....

BitPay Launches Facebook App for Easy Bitcoin Sharing

Georgia-based bitcoin merchant processing specialist BitPay has announced a new tool aimed at spreading bitcoin adoption through popular social network Facebook. Called Get Bits, the Facebook application allows users an easy way to trade bitcoin in-person by helping to arrange meetings between friends on the network. Notably, Get Bits does not allow users to transact through the app. Rather, it serves as a way for independent buyers and sellers to connect via a commonly used platform. BitPay framed the launch as one that sought to use the power of social networking to boost bitcoin, while....

Bitcoinist News Bits 12.01.15

You’re watching news bits, the weekly informing program of Bitcoinist. Let’s see what happened on the market this week. Thank you for watching. Stay tuned because next week we’re gonna cover the Miami Bitcoin conference with exciting summaries, interviews and predictions. Please feel free to subscribe to our YouTube, Facebook and Twitter channels. Lookin forward to see you next week!

Israel is at the ‘Leading Edge’ for Bitcoin Startups

According to mathematician Meni Rosenfeld, Israel is a Bitcoin “forerunner.” With large numbers of users in the country, the number of startups and merchants continues to grow. Rosenfeld says: Among the list of Israel-based startups, Bits of Gold — in which Rosenfeld is an investor — GetGems and Polycoin lead adoption. “I think the Bitcoin community in Israel is more coherent than in many other places in the world, which can be attributed to the small size of the country. Everyone is in driving distance from anyone else, so its much easier to breed communities that actually meet up and....

Why Bitcoin Should Be Broken into 'Bits'

Any form of money needs to be easily broken down into sub-units to allow an equal exchange for goods or services. And bitcoin is wonderfully divisible, with its smallest unit being the tiny 0.00000001 of a bitcoin - a unit known as a 'satoshi'. However, such divisibility does come with one disadvantage. The Bitcoin Wiki, a source of BTC-related knowledge, has a lengthy chart spelling out the large number of different bitcoin sub-units: including mBTC, μBTC and cBTC, and many more. But do you know what they stand for? Thankfully, there may be a better solution. Down to bits. A proposal....