Bitcoin Bill Payment Services Taking Off Around the World
Let's face it, we all hate paying bills, but the ability to pay them with digital currency might help put a smile on your face. Earlier this year, CoinDesk reported on the launch of Bylls, a Canada-based service that allows users to pay bills in bitcoin at more than 6,000 organizations, including the government. It was one of the world's first. Now, new services are popping up around the globe that allow you to pay for everything from basic utilities to taxes in bitcoin. Like merchant bitcoin payment processors, bill payment services solve the problem of requiring every organization to....
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The State of Utah has passed the Bitcoin bill, H. C. R. 6 Substitute Concurrent Resolution on Payment Options for State Services, which will allow the residents to pay their taxes in Bitcoin. The bill was introduced by state representative Mark K. Roberts in January and was backed by Senator Todd Weiler. The concurrent resolution encourages widespread use of the digital currency in the state and proposes the creation of the Council on Payment Options for State Services to investigate the possibilities and outcome of accepting Bitcoin as a payment method. The bill resolved that the council....
A new start-up bill payment service is coming to Canada. It's called Bylls, and the company's CEO - Eric Spano - today announced the company to the bitcoin world. What does it do? Well, exactly as the name suggests! Users and companies are able to pay their cell phone, utility, and other bills using bitcoin. Convenient, huh? "Our main goal in developing Bylls was to provide a secure and easytouse interface that would enable individuals with bitcoins to pay their bills as easily as they would using any other traditional online bill payment system," said Spano. "This is one more step....
Bill Gates has updated his stance on Bitcoin since calling it simply a "technological tour-de-force" months ago. Earlier today, speaking with Bloomberg TV's Erik Schatzker, Bill Gates admitted "the Bitcoin technology is key." Earlier today, Bill Gates gave the final speech at SIBOS 2014, the annual SWIFT banking conference held this year in Boston. The Gates Foundation recently pledged $50 million USD to fight Ebola worldwide. In his speech, Bill Gates shared his vast well of experience with the Bill and Melinda Gates Foundations' efforts to combat financial inequality around the world.....
Utah State Legislature recently stepped up to show its magnanimous support to Bitcoin - the world's first decentralized cryptocurrency. As per the new bill proposed by Rep. Marc K Roberts, Utah lawmakers are open to accept Bitcoin as a "valid form of payment." The bill (house resolution) spoke highly about the digital currency's promising benefits for the people of Utah - be it free-market capitalism or lower transaction fee. The bill therefore proposed the formation of a special council to study the possibility of such an unusual integration. "The Legislature and the Governor," it said,....
Being one of the richest couples in the world has allowed Bill and Melinda Gates the freedom to help alleviate world poverty in the ways that they think work best. In their view, shifting financial payments for the world's poorest from cash to digital, can only make their lives easier and help bring them into the formal economy. According to its 2013 annual report, the Gates Foundation distributed almost $1.8 billion in funding in the 2013 calendar year to global development programs, with 5 percent, approximately $90 million, going to the Financial Services for the Poor program. Rodger....