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Advantages Of Using Bitcoin: Practical Demonstration

We all know very well the extraordinary advantages of using Bitcoin as a monetary system, but … what can be done to demonstrate the superiority of Bitcoin to the rest of the world? Evidently one of the Reddit users was also pondering that same question when he posted the following proposal: I’d like to demo […]

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WebMoney Starts Processing Bitcoin

Via The Genesis Block: WebMoney, considered the PayPal of Russia, announced the addition bitcoin as a payment option today. This will enable both merchant as well as person-to-person transfers. WebMoney had over 11 million users in 2010, and this number has no doubt grown significantly since then. WebMoney accounts are called purses, and transactions can be denominated in bitcoin, gold, USD and rubles among […]

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