And now for Amazon...
WordPress.com accepts Bitcoin
51–60 of 129 posts
Re: WordPress.com accepts Bitcoin
#52quick question, regarding the people that can't buy Wordpress services with Paypal or credit card, how do they buy bitcoins?
Mining, exchanging local currency for bitcoins locally, selling things for bitcoins.
Re: WordPress.com accepts Bitcoin
#53Would Bitcoin be considered another currency to stand alongside the USD and the CAD?
And the Euro. But yes, I think so. My only concern is that if it becomes a 1 trillion $ worth of economy, you'll be talking in very small decimals of Bitcoin. Everything will cost like 0.000000x Bitcoins. I think this will be a very poor UX for most people. Unless they give the smallest decimal another name (Bits, coins, nanocoins, whatever), and then everyone deals in nanocoins, rather than Bitcoins. I wish the desi…
Like IPv4, Bitcoin is an experiment that got out of hand before its flaws could be found and fixed.
Re: WordPress.com accepts Bitcoin
#54Another recent news is stunning for Bitcoin, but somehow got unnoticed:
A company pouring $1M+ to develop a 65nm Bitcoin mining chip: http://blog.zorinaq.com/?e=69
Re: WordPress.com accepts Bitcoin
#55What will WordPress do with the Bitcoins they receive? Do they have business costs that can be paid with Bitcoins, or will they simply trade them for a "real" currency like USD?
Re: WordPress.com accepts Bitcoin
#56If you are interested in buying bitcoins, please check out a guide I help maintain called "How do you buy bitcoins?". It's 100% free, and we are on a quest to provide custom guides for every country. It's really easy to buy bitcoins these days, especially in the United States.
Re: WordPress.com accepts Bitcoin
#57What will WordPress do with the Bitcoins they receive? Do they have business costs that can be paid with Bitcoins, or will they simply trade them for a "real" currency like USD?
They use BitPay, which automatically converts them to USD.
Re: WordPress.com accepts Bitcoin
#58Wow, that's big news. Now they just need a client that doesn't take days to download the block chain :| Seriously, I wonder if one of the bigger barriers to bitcoin adoption is the lame official application.
This is being worked on, but I don't know the details. However, for just spending coin, it's easier to use a hosted wallet like coinbase.com (a YC company). You don't need to run an actual bitcoin node yourself unless you're doing something beyond just using bitcoin for spending. (e.g. holding large sums for long periods of time, mining, building some service, etc.)
Oh, definitely easier. But everyone links to the official client / a site which describes BitCoin and links to the official client. It's still a horrible experience for would-be users.
Re: WordPress.com accepts Bitcoin
#59Muhuhahaha ( evil laugh ), and my parents thought I was crazy when I told them there was a new digital currency you kept in files, that had no inflation, was (almost) completely anonymous, and - get this - that it was real and traded on actual markets. When I started talking about Bitcoin mining, that was when they seriously thought I was going off the deep end. And really, most non-tech-savvy people would think the…
Attaching your personality identity and happiness to external entities isn't very healthy.
Re: WordPress.com accepts Bitcoin
#60Wow, that's big news. Now they just need a client that doesn't take days to download the block chain :| Seriously, I wonder if one of the bigger barriers to bitcoin adoption is the lame official application.
The future is here my brother: http://multibit.org/ http://electrum.ecdsa.org/
Thanks! I haven't seen these before.
Electrum looks interesting, due to simplicity. What does it mean by using a remote server though? Do they just use a single block chain remotely and tell you what your balance is for keys ?