July 2014 archive

First Data Acquires Gyft – Digital Gift Cards with Bitcoin Angle

Modern cash 1 by zcopley

  Payments giant First Data has acquired Gyft, a Digital Gift Card company, according to Pando Daily and the First Data website. Gyft became very popular with the Bitcoin Community because Bitcoin could be used to buy Gift Cards issued by any of hundreds of popular stores and merchants across the U.S. The acquisition of …

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The Bits are Coming, The Bits are Coming!

TheNearlyDailyBitcoin - bitcoin image by fdecomite

Yep, The Bits ARE Coming, just ask Coinbase, Xapo and Bitpay! A gradual change to quote and transact Bitcoin in “Bits” rather than Full Bitcoins is underway so be ready! What in the WORLD is a “Bit” and why is the change being made? A “Bit” is a small denomination of a BItcoin. It is …

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Be Wary of MSM Spreading Bitcoin FUD!

TheNearlyDailyBitcoin - Mainstream Pill

Yikes! That sounds like a bowl full of alphabet soup, doesn’t it? Well, it’s a serious situation because those who refuse to research the FACTS about Bitcoin are flat out scared. Why? People are afraid of things that they don’t understand. That simple statement helps explain why the Main Stream Media (“MSM”) is constantly spreading …

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Internet Predictions from 20 Years Ago – Wildly WRONG!

TheNearlyDailyBitcoin - Internet Concept

We all know that the Internet has had a profound effect upon society, commerce and communications around the world. Many very well respected internet venture capitalists and pundits have likened Bitcoin today to the Internet in 1995. Mark Andreessen, the founder of one of the World’s First Browsers – Netscape, makes this very point in …

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Cheap Air CEO re: Bitcoin = One of Best Decisions We’ve Made!

TheNearlyDailyBitcoin - Plane On Passport

Cheap Air, a Calabasas, CA travel company has announced over $1.5 Million in sales via Bitcoin. The company began accepting Bitcoin in February of this year and the CEO, Jeff Klee, commented a few days ago that the decision to accept Bitcoin “… was one of the best decisions we’ve made for our business and …

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Dell Computer Now Accepts Bitcoin!

Bitcoin over red circuit board by btckeychain

Dell Computer Now Accepts Bitcoin – The announcement by Michael Dell on July 18th that Dell Computer now accepts Bitcoin makes Dell the largest ecommerce company ($56Billion in sales) to accept Bitcoin (according to Coindesk). The previously “largest ecommerce company to accept Bitcoin, Dish Networks, has less than $14Billion in annual sales. The adoption of …

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Silicon Valley VC Bets Big on Bitcoin – Why?

The money is better on the top layers... by zcopley

Tim Draper, founder of the very successful Silicon Valley Venture Capital Firm – Draper Fisher Jurvetson – has bet BIG on Bitcoin. Mr. Draper personally purchased all 30,000 Bitcoins up for auction by the U.S. Marshall’s service in early July, 2014.  He outbid other very well financed groups. Why? Not because he is looking to …

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