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Alias Born 07/30/2013

Re: None

Tuesday, 12/17/2013 8:41:55 PM

Tuesday, December 17, 2013 8:41:55 PM

Post# of 15759
Bitcoins are a huge topic right now, and CHAG is smart for becoming involved in the hot mobile trend. I personally see/read news about the electronic currency almost everyday. (Mostly through online articles and news programs).

Many entrepreneurs have developed companies surrounding bitcoin, like Coinbase, a bitcoin buyer/seller tool. The use of bitcoins is closer to becoming accepted as a standard means of easy payment through mobile devices.

There's an even a website, Coinmap, where you can see who accepts bitcoins, and add your business to the growing list.

With in-app purchases being the number one revenue source on mobile devices, bitcoins could easily boost this figure by reaching a new market and adding convenience.(see this BusinessWeek Article)

There are many potential benefits from joining the new market, as bitcoin is becoming adopted worldwide. I see good things to come from this.