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Author Topic: 50,000 More Outlets for Instant-Cash-Bitcoin Purchases in Canada, Australia  (Read 409 times)
OmegaStarScream (OP)
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November 16, 2016, 06:05:03 AM
 #1

Bitit is currently partnering with Neosurf and its 100,000 plus local stores, and the Bitcoin startup is now planning to expand its network to up to 150,000 retailer stores.

This marks the beginning of a new stage for the Parisian-based company of five, which has partnered with distribution network specialist Flexepin, to launch cash-for-Bitcoin buying in over 15,000 convenience stores in Canada and Australia.

Title Textbox didn't fit for the whole thing so "Europe" should be also part of this and this is Bitit URL : https://bitit.gift/

you can read more about it https://cointelegraph.com/news/50000-more-outlets-for-instant-cash-bitcoin-purchases-in-canada-australia-and-europe

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The Bitcoin software, network, and concept is called "Bitcoin" with a capitalized "B". Bitcoin currency units are called "bitcoins" with a lowercase "b" -- this is often abbreviated BTC.
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November 16, 2016, 06:17:40 AM
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How i wish that  i was on those certain places. Other than that i am still hoping that aside from china other countries should also start adopting and creating some bitcoin services like that. 100,000 plus local stores are something too big, If that certain stores were also decentralized around the country.
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November 16, 2016, 06:28:22 AM
 #3

Bitit is currently partnering with Neosurf and its 100,000 plus local stores, and the Bitcoin startup is now planning to expand its network to up to 150,000 retailer stores.

This marks the beginning of a new stage for the Parisian-based company of five, which has partnered with distribution network specialist Flexepin, to launch cash-for-Bitcoin buying in over 15,000 convenience stores in Canada and Australia.

Title Textbox didn't fit for the whole thing so "Europe" should be also part of this and this is Bitit URL : https://bitit.gift/

you can read more about it https://cointelegraph.com/news/50000-more-outlets-for-instant-cash-bitcoin-purchases-in-canada-australia-and-europe
That's actually something pretty neat to be honest, glad to see more things are going to our northern neighbors and they're finally going to be getting a piece of the action. Not sure how effective it is going to be, but it looks like the future is relatively bright for Bitcoin in North America, and it looks like it is going to get even stronger in Europe.
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November 16, 2016, 06:41:30 AM
 #4

The only possible drawback of this, might be the fees that are charged on top of these transactions. Some of these services charge exorbitant fees on their services and this kills the incentive to use Bitcoin as a cheaper alternative. We should remember that one of the reasons we are using Bitcoin as a alternative, is for the cheaper transactions.

The Pro's with this is, convenience and easy access to Bitcoin and increased exposure. ^smile^

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November 16, 2016, 06:55:41 AM
 #5

The only possible drawback of this, might be the fees that are charged on top of these transactions. Some of these services charge exorbitant fees on their services and this kills the incentive to use Bitcoin as a cheaper alternative. We should remember that one of the reasons we are using Bitcoin as a alternative, is for the cheaper transactions.

The Pro's with this is, convenience and easy access to Bitcoin and increased exposure. ^smile^

I hope charges is minimal that will not turnoff future bitcoin holder or not expensive when using or dealing with bitcoin. So far this is another great news for bitcoin community as more people are using it, it creates more demands and market.

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November 16, 2016, 08:04:50 PM
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I seem to be missing the point,after checking out both websites I am little confused at to what they are really offering.Bitit looked to just be partnering for the most part with Neosurf and the options they list seem limited as well. Neteller limits a lot of transactions for me as a Canadian and that looked to be the only perk for the site.
So basically a fluff site offering already available services or did I miss a aspect?
I do not know anything about the other rechargable credit cards featured,so maybe I need to look into that rabbit hole.
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November 16, 2016, 08:42:30 PM
 #7

This is great news, could be fantastic for adoption.

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