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Bitcoin Debit Cards — Savior of the Tourists

Bitcoin is considered to be the best companion of the tourists. Thanks to the universal nature of the digital currency, it can be used anywhere in the world, provided the merchant accepts it. But now we have bitcoin-powered debit cards. These cards are like normal debit cards issued by banks except that it is connected[…]

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Precious Metals Dealer JM Bullion Accepts Bitcoin

Dallas-based precious metals dealer JM Bullion is now accepting bitcoin. With the announcement, JM Bullion joins a growing list of US-based precious metals dealers that accept bitcoin for payments, including Agora Commodities and Amagi Metals. JM Bullion will accept bitcoin through a partnership with merchant processing startup BitPay. Customers will receive 4% discounts on bitcoin purchases,[…]

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Coinbase CEO Rejects Proposal for Bitcoin Hard Fork in 2017 – CoinDesk

Brian Armstrong, CEO and co-founder of bitcoin wallet and exchange service Coinbase, has spoken out against the latest proposal introduced as part of bitcoin’s ongoing scaling debate, calling the agreed-upon measures, “too little, too late”. At the end of last week, a group of representatives from the bitcoin mining and services sector, as well as Bitcoin Core[…]

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Xapo Announces Plans to Upgrade to Bitcoin Classic – newsBTC

On February 21, 2016, popular bitcoin wallet platform and vault solutions provider Xapo CEO Wences Casares announced that the company is planning to upgrade to Bitcoin Classic, with a vision to help the Bitcoin network scale efficiently. Xapo is planning to upgrade to Classic. We’re committed to helping bitcoin scale and to supporting the initiatives[…]

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Coinbase CEO Armstrong Sets $5000 Wager That Bitcoin Fork Works out Fine – CryptoCoinsNews

Brian Armstrong, CEO and co-founder of Coinbase, claims bitcoin is upgrading rather than splitting on account of Bitcoin Classic, and he’s willing to bet anyone $5,000 that he’s right. Armstrong, writing on Medium, said hard forks are one of the most important bitcoin innovations and having multiple teams working on the bitcoin protocol is a[…]

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Discount Drink App Hotspot Allows Patrons To Pay With Bitcoin – CryptoCoinsNews

An app called Hotspot allows bar and restaurant patrons in Seattle, Washington to earn discounts on drinks when paying with bitcoin, according to GeekWire. It also allows the establishments to accept bitcoin payments. The merchant incurs a transaction fee of a half to one percent compared to 3 to 4 percent credit cards charge in fees.[…]

The Schism Over Bitcoin Is How Bitcoin Is Supposed to Work – WIRED

The bitcoin community can’t even agree on whether it’s breaking up. Last month, Mike Hearn—an ex-Googler and one of the biggest names working on the software underpinning bitcoin—made more than a few headlines when he called the digital currency “a failed experiment.” He not only parted ways with the bitcoin community. He sold all his bitcoin.[…]