Purse.io CTO: Ethereum ‘Not Learning from History’
Purse.io CTO Chris Jeffery has stated Ethereum “is not learning from history” while ignoring the threats to its stability that Bitcoin solved many years ago. Learning From Bitcoin’s Mistakes. In a blog post, the developer requested Ethereum’s developers to “learn from the mistakes, just like bitcoin did.” The post was made in the wake of the DAO hack, in....
Related News
Purse.io’s number one most-used cryptocurrency, besides Bitcoin, is Dash for the second month in a row. But despite the progress made by some Altcoins in real-world adoption and usability, Bitcoin has strengthened its position as number one in the rankings. An online shopping site popular in the cryptocurrency community, Purse acts as an escrow service to allow customers to trade Bitcoin for purchases made with Amazon gift cards. This effectively allows anyone to shop on Amazon.com with Bitcoin, sometimes at significant discounts. Purse has partnered with streamlined cryptocurrency....
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....
Back in November of 2015, Andrew Lee CEO of Purse.io announced its new venture Purse Merchants via Bitcoin.com’s All-Star AMA sessions. The company has just notified us that Purse Merchants is now live and rolling out its services to the public. Now anyone globally can purchase and sell items for bitcoin utilizing secure escrow transactions. Bitcoin.com....
For Bitcoiners, Purse.io seems to be one of the best options for spending Bitcoin for goods, as Amazon carries almost anything you would want to buy. In addition to the ability to spend Bitcoin on Amazon products, Purse.io allows you to choose a discount rate between 1-50%. However, since Purse acts as an escrow service, it is extremely unlikely that you will be able to get a 50% discount on anything. In past transactions with Purse, I’ve gotten up to a 35% discount on items that were less than $10, 30% off of items that were less than $30, and 25% off of anything higher than that. In....
What if a Bitcoin-accepting marketplace were welcoming to small merchants, a la Etsy, while at the same time offering the vast wares of online giant Amazon? If all goes according to plan, Purse will compete as just such a marketplace with their launch of Purse Merchants. Purse Merchants is now in beta phase, offering early access that’s already been....