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Yacht Sale Shows Luxury Goods May Benefit from Bitcoin Price Surge

28.11.2020
The purchased 52′ Lagoon catamaran. The global luxury goods market is just one of those that have been hit hard by the coronavirus pandemic this year. But with bitcoin (BTC) experiencing a period of growth this year, it appears that crypto investors who have struck it rich in the latest bull...

Crypto Cruise Ship ‘Satoshi’ to Make Panama Bay Home

12.10.2020
The Crypto Cruise Ship called Satoshi is gearing up to set sail from the Mediterranean to Panama, where it will drop anchor and call the bay its home. The ship has 777 cabins that will be auctioned off as condos. Bitcoin will be accepted for all goods and services aboard. Crypto Cruise Ship...

Mastercard Launches Digital Currency Testing Platform for Central Banks

10.9.2020
Mastercard has launched a digital currency testing platform aimed at helping central banks test their digital currencies. The system will also demonstrate how consumers can use central bank digital currencies to pay for goods and services wherever Mastercard is accepted worldwide....

New Russian Law Bans Bitcoin Payments for Goods and Services

24.7.2020
Russian lawmakers have passed a bill that gives legal status to cryptocurrencies such as bitcoin – but bans them from being used to pay for goods and services. Legislators approved the Digital Financial Assets (DFA) bill on July 22 after its third and final reading. It had already won backing...

Ayn Rand: Francisco d’Anconia’s Speech on Money

14.6.2020
“So you think that money is the root of all evil?” said Francisco d’Anconia. “Have you ever asked what is the root of money? Money is a tool of exchange, which can’t exist unless there are goods produced and men able to produce them. Money is the material shape of...

Carl Menger: The Nature and Origin of Money

23.5.2020
In the early stages of trade, when economizing individuals are only slowly awakening to knowledge of the economic gains that can be derived from exploitation of existing exchange opportunities, their attention is, in keeping with the simplicity of all cultural beginnings, directed only to the most...

Venezuelans Can Now Use Bitcoin to Pay for Goods at 20,000 PoS Terminals

19.5.2020
Venezuelans will now be able to use bitcoin to pay for goods and services at more than 20,000 point-of-sale (PoS) terminals throughout the struggling South American country. This follows a deal between Panamanian crypto exchange Cryptobuyer and local payments processor Mega Soft to connect some...

The Beginner’s Guide to Buying Goods on the Darknet

5.3.2020
Darknet markets (DNMs) supply all manner of goods, some legal, others less so, but all purchasable with cryptocurrency and delivered to your door. Indeed, many people’s first exposure to bitcoin is when they have the need to purchase something off the darknet. For shopping of last resort,...

USDZ Capital Group Launches USDZ Stablecoin

4.3.2020
Stablecoin is a cryptocurrency pegged to less volatile external assets such as official currencies, precious metals, or oil. The value of a stablecoin can also be pegged to other crypto-assets or fixed by algorithms. Stablecoins retain the same value as the underlying asset and are not subject...

Problems Escalate in Venezuela as Millions Rush to Spend Petros

7.1.2020
According to the Venezuelan government, millions of families have used the petro, the country’s national digital currency, to pay for goods and services. As shoppers rush to spend their coins, merchants are reportedly struggling, effectively forced to sell goods at a deep discount. At least...

Speculation Abounds Regarding Youtube’s Removal of Crypto Content

24.12.2019
At least six crypto Youtube channels have reported in recent hours that their content is being removed under the site’s “harmful and dangerous” policy, with one popular channel claiming Youtube pointed to a “sale of regulated goods.” Chris Dunn is one of these, whose...

FOIN Allows Merchants to Accept Crypto Payments In-Store

7.10.2019
FOIN, a cryptocurrency company and a developer of the transparent payment system FoPay, announced the strategic partnership with Cyclebit, a crypto payment solutions provider. According to the official information, starting from that day, FOIN, the decentralized peer to peer cryptocurrency for...

Venezuelan Pharmacy Chain Accepts Bitcoin Cash for Medicine and Products

28.8.2019
On August 26, a pharmacy chain in Venezuela called Farmarket revealed it now accepts cryptocurrencies through the payment provider Xpay, a subsidiary of Panda Group. Arley Lozano, Panda Group’s founder, explained how Farmarket’s pharmacy franchise has 22 stores located across...

Bitcoin People Directory Lists Crypto-Friendly Merchants

11.6.2019
The number of businesses accepting cryptocurrencies for goods and services has been growing, particularly for P2P coins such as bitcoin cash. Finding places where you can spend your digital cash is easy thanks to platforms such as Bitcoin People. Also read: How to Buy a Cryptocurrency Hardware...

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