Bitcoin Forum

UP.

http://en.blog.wordpress.com/2012/11/15/pay-another-way-bitcoin/

NICE
rocket time

holy shit

my words..

http://static.fjcdn.com/gifs/Mind+Blown.+my+mind+is+totally+blown_3246eb_3772264.gif

and nice SCORE for the good folks at BitPay!

From their official post:

"At WordPress.com, our mission is making publishing democratic — accessible and easy for anyone, anywhere. And while anyone can start a free blog here , not everyone can access upgrades (like going ad-free  or enabling custom design ) because of limits on traditional payment networks.

Today, that changes: you can now buy WordPress.com upgrades with bitcoins.

PayPal alone blocks access from over 60 countries, and many credit card companies have similar restrictions. Some are blocked for political reasons, some because of higher fraud rates, and some for other financial reasons. Whatever the reason, we don’t think an individual blogger from Kenya, Haiti, Cuba, or Iraq should have diminished access to the blogosphere because of payment issues they can’t control. Our goal is to enable people, not block them."

Firts first... https://bitcointalk.org/index.php?topic=124481.0  :D

Edit: Very good news, we already can see the firsts buys related  ...

On a serious note.   This is Bitcoin.  I mean it is a classic example of why Bitcoin needs to exist and an illustration of the power of Bitcoin.  Bitcoin; the post-nationstate currency.

Honestly I believe that it will be mostly good for the publicity and legitimacy of bitcoin, and will not bring a lot of new bitcoin users (yet). Nevertheless very bullish!

And by the way no drawing lines on charts is going to help you in a situation like this. See you later bears!

if this is the main reason why the little rally is going now that reason is stupid so stupid above normal levels

you don't get it....

this is not the first thing like this to happen recently

at this past bitcoin will be all over the internet in less then a year.  :-*

why i should pay with bitcoins if my ad revenue comes in USD from google

care to explain me that

Dude that isn't the point and you know it

oh yes it does.  i've been predicting a breakout.

I've been doing that since January. I haven't been right half the time though :).

They beat reddit to it :P

google ads doesn't have an option to pay out in bitcoin? weird...

 :D

Yeah bitcoin is pretty much the currency of a type 1 civilization

If you are already receiving ad revenue from Google then chances are you already have a way(Paypal) to pay for Wordpress.com services. This is more important for individuals who live in countries where they don't have that accessibility. Sure, it might be a few hoops to find a local BTC seller, purchase your BTC with fiat and then purchase your Wordpress services but clearly Wordpress saw some market for this.

... or simply for those who cannot get a credit card or PayPal account because of a poor credit rating. Seriously there are close to 30% of adults in the United States who do not have a credit card. Ever wonder what happens to your plastic when your home is lost to foreclosure?

By the way one can receive income from AdSense and not have a credit card because of poor credit.

I can't use paypal due to an error of someone who used to live in my old house never paying for an item on ebay using the address I used to live at, before they moved

and now even though I dont live there anymore, because its the same name I cannot even sign up now.

I don't have a credit card. I do however have a debit card through my bank that works just as well. Need to setup a credit card though just for the credit rating benefits. Just never needed one  :-\

Agreed on the adsense bit. I used to have Google mail me checks when I ran an adsense generating site.

Well that petered out quickly.

Debit cards that work as credit cards work in the United States for those who have a bank account; however there are close to 10% of adults in the United States that do not have bank accounts; furthermore bad credit can prevent one from getting a bank account. In many countries debit cards that work as credit cards do not exist or are very hard to get, and pre-paid cards are very expensive with many fees and also hard to get. Also people with bad credit tend to avoid bank accounts for fear of creditor seizures. Ever wonder why the cheque cashing stores do so much business? The bottom line here is that those with a FICO score of 350 or so are the low lying fruit ready to be picked by Bitcoin merchants that sell services online.

Fantastic. Bitcoin is on the verge of massive attention, I believe it.

Now is the time to get our collective shit together ladies and gentlemen.

Great news, people who say "so what" miss the point completely. big business would never accept something when there' no precedent, nobody wants to go in first. now there is a precedent, and unless bitpay would screw it up big time, a precedent that could be referred to by other big online businesses. It could grow into an avalanche of acceptance.

PS of course, knowing the history of BTC, somebody ought to hack bitpay in 1 month and steal all WP customer data somehow :) this is sparta!

Good point. This is huge news, but you'll know the inflection point is reached when merchants like WordPress decide to hold their BTC instead of pushing it right back into the banking system.

This. Pretty please don't happen. lol  :D

I would've thought you to be a man that uses meaningful topic subjects, technomage ;>

I think predicting a breakout is 100% possible. Just depends on which direction  :D

Stop trolling Smoothie.

The direction is as clear as it can be, for now, even I have to admit that.

:o

could somebody make an mp3 of that sound ? would love to hear it!

Do the BTC prices on Wordpress include a discount on merchant fees that would be charged to them by PayPal?