Bitcoin Bill Pay Company Living Room of Satoshi Resumes Operations
Australian Bitcoin startupLiving Room of Satoshi has resumed operations following their closure in October. Using the Living Room of Satoshi website, Australians can use bitcoin to pay any bills that utilize BPAY, an Australian electronic payment system. According to the company, the service caught on quickly; the Living Room of Satoshi processed more than $250,000 in bills from its launch in May until its closure. Also read: UK Treasury Seeking Regulation Advice From Bitcoin Community. Bitcoin Company Living Room of Satoshi Resumes Operations. The Living Room of Satoshi was forced to....
Related News
There is still a few more days left for submitting comments to the NYDFS regarding the BitLicense, but for some Australian Bitcoin companies it is already too late. The Living Room of Satoshi has suspended all operations in light of the recent goods and services tax (GST) ruling on bitcoin. The Living Room of Satoshi was “a simple, secure way to pay your everyday Australian bills (electricity, rego, phone, credit card, etc) with bitcoin.” Unfortunately, under the new GST ruling, Living Room of Satoshi customers would be taxed once when sending funds to the company, and again when the....
Recently, a service called the Living Room of Satoshi announced reopening its doors despite the unfair Australian goods and services tax (GST). Bitcoin business are hit hard by the GST ruling, and Living Room of Satoshi announced prior that it was closing shop due to the financial regulation. The service provides Australian residents with a way to pay bills and utilities with bitcoin while utilizing BPAY, a popular universal bill-payment system that nearly every major business uses. Through Living Room of Satoshi, Australians paid $150,000 worth of bills using bitcoin.
Living Room of Satoshi, the intermediary that enables folks to pay their bills with Bitcoin, has been recognized by the wider business company for its innovation. In some ways to TechCrunch's Disrupt awards, the event is meant to highlight regional businesses who have pioneered new territory in their space. Living Room of Satoshi was one of the first companies to achieve the goal of enabling Bitcoin bill payments, and its user base has steadily grown since its launch about a year ago. Within a few months, they had done $150,000 in bill payments, charging no fees to the customer. The....
Australian Bitcoin payment company Living Room of Satoshi announced that its new "Pay Anyone" service allows Australians to pay bitcoin directly to any bank account."Bitcoin users can now pay their friends, tradesmen and anyone else; even if the recipient has no knowledge about bitcoin," says Living Room of Satoshi CEO Daniel Alexiuc. "This is a vital piece of payment infrastructure that is now available to all Australians."Living Room of Satoshi is a payments company that enables payment of any bill that uses the BPAY system using bitcoin. Customers can spend bitcoin to pay phone bills,....
The 2015 Australian Startup of the Year Living Room of Satoshi is having another great year of “unprecedented growth”. Now the bill payment platform has announced Dash integration allowing users to pay rent, utilities, credit cards, and tax bills with the cryptocurrency. Living Room of Satoshi Integrates Dash. Brisbane-based Living Room of Satoshi is an....