30 Aug '15, 3am

FCC Spectrum Auction Opens Market, Bitcoin Friendly ISPs Growing - Brave New Coin

Internet service is starting to be considered a basic utility, every bit as important as energy and water utilities in most households throughout the developed world. Using bitcoins to pay our ISP bills should be a popular option with the internet-oriented bitcoin crowd, but to date, the options have been few and far between. Before the US Federal Communication Commission's (FCC) spectrum auction, which ended in January, it was very rare to find an Internet Service Provider (ISP) that directly accepted bitcoin for services. “Since 1994, the Federal Communications Commission (FCC) has conducted auctions of licenses for electromagnetic spectrum. These auctions are open to any eligible company or individual that submits an application and upfront payment, and is found to be a qualified bidder by the Commission.” - FCC The first US company to sell their service for bitcoins is...

Full article: http://bravenewcoin.com/news/fcc-spectrum-auction-opens-m...

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