25 Mar '13, 6pm

#Bitcoin Economy Evolves: Bitpay Slashes Fees, is Adding 1,000 Merchants a Month..I've never seen growth like this

Jon Matonis knows more about Bitcoin than pretty much anyone on earth. He wrote a fantastic article today highlighting the hyper-growth of Bitcoin processing company, Bitpay Inc. Some of the statistics mentioned absolutely blew my mind, to the point that it’s almost hard to believe the level of growth happening here. While the news that they are slashing fees for merchants is a big deal in itself for the evolution of the “Bitcoin Economy,” the fact they are adding 1,000 merchants a month on a base of 4,000 is absolutely incredible (to the point it’s actually hard to believe and I have sent an email to the company to clarify). Oh, and the company has also recently integrated its payment platform with Amazon’s fulfillment services. Great work Jon. Excerpts below:

Full article: http://libertyblitzkrieg.com/2013/03/25/the-bitcoin-econo...

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