Bitcoin Will Lead The World Out Of The “Fax Era Of Payments,” Ex-Facebook Exe...

Earlier today, Andrew Aude, a Stanford Computer Science student, posted to twitter with pictures of Facebook Messenger's new P2P "FB Payments" functionality. Aude and other commentators likened Facebook's new payment system to SquareCash or Venmo. FB Payments has been in the making for a long time and has recently been revamped by Facebook's hire of David Marcus, former president of PayPal. David Marcus is an admitted supporter of Bitcoin and likely played an instrumental role in PayPal's warming up to Bitcoin, Litecoin, and Dogecoin via Braintree. Since hiring Marcus, Facebook CEO Mark....

Integrating a Bitcoin payment option would give users a choice. In the traditional financial world, this choice is often overlooked by banks. More and more social platforms are starting to integrate payment options. Although this functionality existed on Twitter for some time now, iMessage enabled it as well. Facebook, perhaps the largest social network in the world, will now allow in-app payments to Messenger Chat Bots. All of this seems to be paving the way for Bitcoin payments on Facebook at some point, but is that even realistic? Social messaging platforms have evolved over the years.....

Marc Andreessen is a Facebook board member. He is also a firm believer in Bitcoin. He might be one of the reasons why Facebook will add Bitcoin payments in the future. The price of Bitcoin is soaring today. We already have some theories about this being discussed here. Among some positive messages, something else was made public today. Something involving Facebook and e-money services, according to the Financial Times. Don't start packing for the moon just yet, there is no guarantee Facebook is thinking about accepting Bitcoin. There are some reasons why it might be, though. Facebook and....

Taking their lead from a group of Bitcoin enthusiast customers and a “serious, public conversation” on Facebook, Europe’s military surplus giant, Varusteleka, now accepts bitcoin payments. Varusteleka trades in military surplus clothing and equipment from around the world and is now aiming to expand its sales reach to customers where international payments have proven difficult. Using BitPay as a payment platform, the company now aims to ease that friction while opting to still receive the payments at their end in Euros. “Payments within the euro zone are easy enough, but payments even to....

Adyen, one of the world's top online payment processors, has just signed on to integrate Bitcoin payments into their systems through Bitcoin payment processor BitPay. This agreement will allow over 3,500 merchants worldwide to join over 100k merchants currently accepting Bitcoin all over the globe. Facebook & Groupon Lead Adyen's List of Clients. Among the top online names who use Adyen and can start accepting Bitcoin in the immediate future include Facebook, Groupon, Airbnb, Spotify, and Ryanair. Adyen has access to four of the Internet's top five companies overall. "Interest in bitcoin....