Bitcoin Foundation Has a Few Months Left, Recent Gift Not Enough
A recent Bitcoin Foundation Board of Directors meeting revealed that the organization is on the ropes, with only a few months worth of funding left. This news comes after a $55-65 thousand dollar donation Brock Pierce secured from the BitClub mining organization. While the donation was substantial, it apparently was not enough to ease the Foundation’s....
Related News
One of the more common ways for consumers to spend Bitcoin is by buying gift cards from various retailers and outlets. Popular Bitcoin gift card services will often offer a small discount on every purchase. Giving consumers an extra incentive to spend digital currency. A recent survey by CardCash shows how Starbucks gift cards are a clear fan favorite, whereas Visa Gift Cards are far less preferable. Most of these trends seem to correlate with how consumers would spend USD balances on gift cards, though.
Bitcoin is a booming business in the United Kingdom, assuming one knows how to play their cards right. Gift Off, a company specializing in selling gift cards for Bitcoin, recorded an all-time high turnover in February of 2016. Cryptocurrency enthusiasts in the United Kingdom will have heard of Gift Off before, as this Norwich-based online shop sells gift cards in exchange for Bitcoin payments. Up until this point, the company has sold close to GBP2.1m worth of gift cards, of which over GBP200k was processed last month. Considering how Gift Off is focusing on various gift cards, it seems....
3 weeks ago, I had the pleasure of writing an article I'd dreamed of writing for months and months on end. Gyft Adds Walmart Gift Cards!! Alas, all good things are not meant to last. For the last 3 weeks, Bitcoiners around the country have had the pleasure of buying Walmart gift cards with Bitcoin, receiving 3% back in the form of Gyft points, and in essence spending Bitcoin at Walmart on gas and groceries. Making Bitcoin a cheaper option to buy gas has been a long standing dream of the Bitcoin community, this was the first step towards realizing that dream and said step has now been....
Bitcoin can serve as an excellent gift for those trying to introduce people to the technology who may not have taken the plunge on their own.
The Human Rights Foundation is gifting almost 4 BTC to developers in the Bitcoin ecosystem to work on exciting and important projects.