06 Aug '13, 10am

Can Bitcoin enable the fabled micropayments revolution? Coinbase thinks it's worth a shot

Can Bitcoin enable the fabled micropayments revolution? Coinbase thinks it's worth a shot

In the development of new business models for mobile and online commerce, some see micropayments as a crucial element that promises a lot, yet remains elusive. While micropayments could allow, for example, new media models where a user can pay a very small amount to read an article, the problem lies in the costs – on top of the percentage-based fee they charge, credit card companies also levy a base fee for each transaction. If the publisher wants to charge 10 cents for reading an article on a one-off basis, that’s not going to happen when the card company’s base fee itself is 10 cents. Enter Coinbase , the Union Square Ventures-backed Bitcoin wallet and exchange service. In a blog post on Monday, Coinbase CEO Brian Johnson said his company had enabled Bitcoin-based micro-transactions that come with zero fees. And the key to making this viable, it seems, is to slightly wor...

Full article: http://gigaom.com/2013/08/06/can-bitcoin-enable-the-fable...

Tweets

Coinbase Wallet: Sending Micro-Transactions With Zero Fees #bitcoin

Coinbase Wallet: Sending Micro-Transactions Wit...

blog.coinbase.com 06 Aug '13, 3am

You Can Now Send Micro-Transactions With Zero Fees We launched an exciting feature today: off blockchain micro-transaction...

BitWall will use #bitcoin to tear down a pricing barrier in micropayments

BitWall will use #bitcoin to tear down a pricin...

paymentssource.com 06 Aug '13, 9am

Print Email Reprints Comment Tweet BitWall, a Bitcoin content monetization startup, will launch this month to allow people...

What's Bitcoin Worth In The Real World?

readwrite.com 08 Aug '13, 7pm

We’ve all got at least a passing understanding of Bitcoin, that digital crypto-currency that can’t be regulated by any ban...

What's Bitcoin Worth In The Real World? by @lau...

readwrite.com 08 Aug '13, 7pm

We’ve all got at least a passing understanding of Bitcoin, that digital crypto-currency that can’t be regulated by any ban...

Overclocking your Bitcoin miner

Overclocking your Bitcoin miner

hackaday.com 05 Aug '13, 3pm

The name of the game in mining Bitcoins isn’t CPUs, GPUs, or even FPGAs. Now, hardcore miners are moving on to custom ASIC...

“Bitcoin is … money” — judge says SEC can target Ponzi schemer

“Bitcoin is … money” — judge says SEC can targe...

gigaom.com 07 Aug '13, 3pm

A Texas man who is being sued by security regulators for swindling investors failed to persuade a federal judge that the c...

How to Generate a Year’s Worth of Blog Post Ide...

searchenginejournal.com 06 Aug '13, 10am

Follow what topics and things people are asking you about via your social media account. There’s a good chance that these ...

Micropayments with online currencies like Bitcoin are ready to slash price of online news

Micropayments with online currencies like Bitco...

newscientist.com 14 Aug '13, 6pm

could help. Coinbase, a digital wallet and platform that lets anyone with a US bank account buy and trade Bitcoin currency...

#Bitcoin Gaming: SatoshiDice Acquisition Analysis

#Bitcoin Gaming: SatoshiDice Acquisition Analysis

thegenesisblock.com 06 Aug '13, 1pm

SatoshiDice is an internet gambling company which relies on the bitcoin block chain (the public ledger of all bitcoin tran...

Khan Academy now accepts Bitcoin via Coinbase

Khan Academy now accepts Bitcoin via Coinbase

blog.coinbase.com 02 Aug '13, 2am

Khan Academy now accepts bitcoin donations! (using Coinbase) Exciting news! You can now donate bitcoins to Khan Academy (u...

The @TUAuction thinks it’s time for you to win a #Rolex. Get your #Hullabaloo raffle ticket now

The @TUAuction thinks it’s time for you to win ...

tulane.ejoinme.org 16 Aug '13, 6pm

Win a 40 mm men’s stainless steel Rolex Sumbariner watch with green dial and bezel, retail value $9,050. Raffle tickets ar...

Baristing: I Read Philosophy Stuff Today. Can Y...

baristing.blogspot.com 06 Aug '13, 4am

Perfection is the enemy of the good, too often. We find ourselves focused on shortcomings, on what could have been or shou...

Can Bitcoin slash the price of online news? #WEF

newscientist.com 18 Aug '13, 4pm

One of the main growing pains that companies have been facing moving into the online space is how to get people to pay for...

The Bitcoin Crypto-Currency Mystery Reopened (2011)

The Bitcoin Crypto-Currency Mystery Reopened (2...

fastcompany.com 07 Aug '13, 6pm

As Davis reported, Nakamoto published a research paper in 2008 that detailed the ideas underpinning Bitcoins and wrote hun...

Charlie Lee Talks About Litecoin, Bitcoin, And ...

youtube.com 10 Aug '13, 5pm

In this interview Charlie was kind enough to talk about his background, vision for Coinbase, and digital currencies in gen...