zondag 7 juli 2013

What can you do with Bitcoins?

As Bitcoins are a currency, several businesses accept them as payment. In fact, some businesses only accept Bitcoin. Some services provide tools that may or may not be used for piracy, such as a VPN or Usenet indexer.

Multiple Usenet providers shut down last year because their payment providers were pressured into dropping them as clients by major film studios. Without any way to accept payments, they couldn't afford to continue and shut down.

Because Bitcoin conducts transactions peer-to-peer, there's no intermediary to prevent the funds from rolling in. As a result, many of these services utilize Bitcoin as their only method.

There are lots of things you can do with bitcoins, you can go to different webshops and buy t-shirts, giftcards and vouchers for your friends.

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