25 Oct '12, 6pm

Where to Spend Your Bitcoins #bitcoin

Where to Spend Your Bitcoins #bitcoin

For those who have bought or earned their first supply of bitcoins, no matter how large or how small, the first question that often goes through people’s minds is: what can I do with them? The Bitcoin community focuses heavily on the various ways that users can mine, buy, sell, or invest their bitcoins, and it is easy to forget that one of the key purposes of any kind of currency is, ultimately, to be able to spend it. However, Bitcoin does have a substantial underlying economy with a growing number of merchants participating; BitPay alone has over one thousand merchants using their payment processing system, and many more use competing services or manage their own sales platforms. A long, but even still only partial, list can be found on the Trade section of the Bitcoin wiki , featuring businesses offering all kinds of products. Particularly interesting are the low-end of...

Full article: http://bitcoinmagazine.net/where-to-spend-your-bitcoins/

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