Crypto Payment Option Makes Services More Affordable: Zimbabwe Music Studio D...
A Zimbabwean music production company, Mutscon Music, recently announced that its clients can now pay for services using cryptocurrencies like bitcoin and ethereum. According to the company, this decision has partly been necessitated by ongoing pandemic-related movement restrictions. Music Studio Accepts Crypto Mutscon Music has also chosen to accept cryptocurrencies because this form of payment enables Zimbabweans, including those in the diaspora, to directly pay for services rendered to artists. In addition, this option to pay with BTC or ETH makes Mutscon’s services more....
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Some of the biggest pop stars in the world has brushed shoulders with Bitcoin-accepting businesses and other musicians. One business, a first class recording studio in New York, is on the cutting edge of payments in the music industry. The likes of Beyonce, Coldplay, Pixar, Dreamworks, Cartoon Network and A&E use the Bitcoin-accepting Premier Studio (PS) located in New York City. PS enjoys top-notch company such as 50 Cent, Nas, Snoop Dogg, and other musicians, who have also championed Bitcoin for the music industry. Studio E. Premier Studios - #C24 #RecordingStudio #PremierStudios. A....
Here's another big company accepting bitcoin for premium services. Music streaming service Grooveshark is now accepting the digital currency in a move that makes it one of the first companies in the music space to embrace bitcoin. Users have the opportunity to pay $5 per month for the service or $50 annually. You can see in the screenshot above that Bitcoin is clearly listed aside traditional payment methods (in addition to promotional codes, of course). Although interestingly, it doesn't appear as if the company has integrated any form of third-party payment processor like Coinbase and....
Whether Bitcoin would be a better option for the southern African state of Zimbabwe to adopt as an alternative method of payment or not has triggered an online discussion this past week. It follows the news that Zimbabwe will soon print its own version of the U.S. dollar as its economy suffers a severe US dollar shortage. On 4 May 2016, Governor John Mangudya of the Reserve Bank of Zimbabwe (RBZ) announced that the government will later – possibly this month - issue bonds with a total value backed by a US$200 million Africa Export Import Bank (AFREXIM) facility. Writing in a piece....
How legal and useful is Bitcoin in Zimbabwe, the country which has been faced with a difficult economic situation for decades? The South African country has some issues with its currency that has almost brought it to its knees. It has found it extremely difficult to move ahead with the plan to revive the economy. Bitcoin is not illegal. According to Simbarashe Machiridza, who is the compliance officer at Bitfinance, a Bitcoin exchange that serves users across Africa, Bitcoin use is legal in Zimbabwe but it is not a legal tender, that is “... Although it’s not against the law to have....
We got a press release from Bitpay regarding 50 Cent’s new album Animal Ambition which can be purchased at http://shop.50cent.com with bitcoin via BitPay. Since we like rap music we wanted to give it a try. Both for the album and also the buying experience. We don`t regret it. The album is really good and the purchase was like a piece of cake. Here is how to buy a 50 Cent`s album: 1. Go to http://shop.50cent.com. 2. Click “add to cart” (don`t get afraid that the Bitcoin payment option is not there). 3. Fill out your information. 4. Don`t forget the Discount code: “Reddit550″ We forgot it....