Purse Opens Nakamoto's, San Francisco's Bitcoin-Only Retail Shop
Purse.io, a startup that lets consumers buy Amazon items at a discount using bitcoin, has opened a brick-and-mortar store. Called Nakamoto's, the shop is designed to demonstrate that digital currencies can rival other payment methods, offering shoppers significant savings. Purse CEO Andrew Lee told CoinDesk: "The goal for Nakamoto's is to demonstrate the advantage of using bitcoin to mainstream users. The store sells everything for 10% cheaper than Amazon, if paid in bitcoin." Lee indicated that he sees a large opportunity in the Nakamoto's concept, and that the company is looking to....
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20Mission is a large co-working and co-living space in the center of San Francisco. For those that are not familiar with the space, it can be summed up as follows: a place where engineers, graphic designers, coders and individuals from a host of all walks of life meet, live, work and play. It plays host to tech entrepreneurs galore, and is a melting pot where many ideas and top start-ups are born - Purse.io, the bitcoin gift card company being just one example in the digital currency space. It has hit the headlines today for another venture into the bitcoin world - namely Nakamoto's.....
Purse.io has opened the very first bitcoin retail store in the Mission District of San Francisco to promote the use of the currency in brick and mortar stores. Named after the pseudo-anonymous founder of the digital currency, Nakamoto’s Electronics sells a host of items, along with a 10% discount on anything bought with bitcoin. The store currently sells consumer electronics, locally made artisan clothing and arts, and many other items. “San Francisco needs a killer Bitcoin merchant and store. Despite what the rest of the world thinks, there are very few practical merchants that accept....
Almost 2.3 Billion people can now shop on Amazon without a computer or a bank account following Purse.io’s Android app launch. Shopping with Bitcoin on Amazon Now Available to 2.3 Billion. Following the launch of its iOS app, Purse.io has now released the Android version for its platform, enabling billions to shop on Amazon with Bitcoin on the most popular smartphone operating system with over 1.4 billion users globally. With both operating systems supported, the number of people globally that can now use this service is now around 2.3 billion and expected to reach 2.8 billion by 2020,....
A new initiative from bitcoin shopping service Purse, in partnership with Chain and the BitGive Foundation, allows consumers to receive discounts on Amazon purchases and donate to charity at the same time. Called the '1% Initiative', the US-only scheme launched yesterday with the aim of showcasing the benefits of bitcoin both for the consumer and the greater good, while also increasing Purse's customer base. Purse is a platform through which customers can buy products on Amazon using bitcoin. Notably, shoppers receive discounts made possible by other users who pay a premium to buy bitcoin....
On this episode of the official Bitcoin.com podcast, our host Zach Doty sits down with Kent Liu of Purse.io, a service that lets users spend bitcoin on Amazon purchases with discounts. During the show, Liu explains how Purse.io works, and how much users can expect to save by using the service to shop on Amazon with bitcoin. Liu says that the Purse team....