Online Bitcoin Bazaar Brawker Announces Shutdown
In a shocking announcement made on April 14, online Bitcoin marketplace Brawker revealed that the company's growth has been below expectations, which is the prime motivation for the complete closure of services. "Our growth rate did not meet our expectations, and the service does not scale as we would have expected to. The Bitcoin community came up with many great startups and the environment is very different from what it was 18 months ago, when we started working on this project." The Bitcoin buying and selling place will dissolve by the end of April 2015 until which users can resolve....
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Bitcoin startup Brawker is on a roll. On October 16, the company enabled a New Hampshire-based reddit user "Rossby" score what is a world's first: pay a parking ticket with Bitcoin, and while at it, get a discount in the process too. Brawker is an online marketplace that connects people who want to buy Bitcoin and people who want to buy things with Bitcoin. Brawker allows you to buy anything you can find online with Bitcoin, or use it to buy Bitcoin with your credit card or PayPal account. You can even use Brawker to pay your bills with Bitcoin, as well as buy books that are supposedly....
Name: Brawker. What it is: Brawker is a site that offers discount shopping at all legitimate web retailers. The firm says users can buy "almost anything" online with bitcoin. It also enables people to semi-anonymously purchase bitcoin by shopping for others with their credit/debit cards or PayPal. Who's behind it: Co-founder and CEO Cyril Houri previously founded Infosplit, the first company to provide geolocation based on IP address, and Navizon, a firm specialising in wireless geolocation. He designed and patented some of the technology that is now commonly used to geolocate website....
The Silk Road revolution will not be centralized. Photo via lakpuratravels. Ars Technica recently published an interview with the Dread Pirate Roberts of "Silk Road 2.0", and one of the main points DPR 2.0 made at the end of the interview was that this underground marketplace is a small part of an overall revolution in decentralization. I recently wrote about the ideas of decentralized marketplaces and how they could affect eBay and Amazon, but these marketplaces also play a role when it comes to advancing the philosophy behind Silk Road. It's just a matter of time before this new version....
Before I begin, this article is about how Amazon dropped the ball and how Brawker outperformed them. I use Brawker. I love the concept of sites like Purse and Brawker. Their business models are such classic examples of innovation outpacing the establishment. An article on Brawker was something I wanted to do but then the price crashed. Then sidechains and a bunch of other great innovations happened. I kept missing the chance to write about Brawker. Writing about my personal experiences are not as exciting for me as writing about technology or economics or history. This article goes a....
"The overall security level for all Brawker users has just gone up," reads Brawker's latest blog post. Brawkeris a service that matches up a bitcoiner who wants to buy something online with their bitcoins and a credit card holder who wants bitcoins. The credit card holder buys the product and gets bitcoins in return. The bitcoin user gets a discount of up to 20% on the product they want. Following the decentralized design that characterizes Bitcoin, Brawker has just switched to multi-signature transactions. If you've used Brawker before, this new implementation isn't going to make your....