Although most of the Bitcoin conversation still happens online or at monthly Bitcoin conferences, another way to meet Bitcoin supporters in your area is through Bitcoin meetups. Most major cities around the world already have some kind of Bitcoin meetup on a weekly or monthly basis, and these are the events where you can meet real people in your area who care about Bitcoin or cryptocurrency as a whole. If you’re in a small town that does not already have a Bitcoin meetup, then there is nothing stopping you from starting one of your own.
It’s been a couple of weeks since La Maison du Bitcoin (‘The House of Bitcoin’) had opened its doors to the public in Paris. We’ve decided that it’s time to have a chat with one of co-funders Eric Larchevêque and ask about first achievements and difficulties he and his team team have faced so far.
La Maison du Bitcoin is a 220-square-metre space that is located in the heart of the city and offers flexible co-working space and assistance for Bitcoin companies, along with workshops, hackathons, meetups and a Lamassu bitcoin ATM.
Bitcoin acceptance is increasing rapidly as more individuals, businesses and educational institutions adopt this innovative payment method. As the Bitcoin community grows, a great variety of products and services can be acquired for Bitcoins, including NBA tickets, plane tickets, accommodation and entertainment in Las Vegas, an appointment with a chiropractor, online games, gift cards, online dating services, pizza and even beer. You can also pay for college education and tutoring services with the help of Bitcoins.
When most people think about using Bitcoin to pay for something, they usually imagine paying with a smartphone or laptop; however, these kinds of advanced computing devices are not widely-used in every part of the globe. Some parts of the world are not able to run an Android app on their mobile device, but there are a few different ways to get around this issue of certain populations not having access to smartphones. Text messages could be the key to unlocking Bitcoin’s potential in developing countries, and there are plenty of different projects that aim to turn this idea into a reality in the near future.
What is Bitcoin?
Bitcoin is a decentralized cryptocurrency and a payment network. Even though the price of Bitcoin isn’t fixed and is highly volatile, many people all over the world begin to see Bitcoin as an exciting opportunity, opposed to a financial threat. It attracts venture capitalist attention and is supposed to bring even some people from the Wall Street finally.
Let’s go to the basics. The supply of Bitcoins is limited to 21 million in total with 14 million currently issued on the date of the article.
Most Bitcoin enthusiasts understand that the iPhone is not the best selection for a mobile device if they want to be able to make Bitcoin payments. Still, one of the core ideas flyring around at Bitcoin2014 conference sounded like that: “Bitcoin + iPhone. This is what we are missing.”
There a few ways to get around Apple’s firewall that cuts itself off from the Bitcoin ecosystem. Sure, there aren’t any Bitcoin wallets on the App Store, but that does not mean that all is lost when it comes to spending bitcoins in real life.
We all know Bitcoin is by far and away the largest crypto-currency out there. With a $6.3B market Cap it dwarfs all the others, Litecoin comes in a distant 2nd with $305M. But did you know there are now way in excess of 250 alt coins available and that number is growing every day?
You can look at this 2 ways; either it is fantastic innovation as more and more players look to add to the crypto coin industry.
Recent Bitcoin2014 conference was pierced with discussion of the Bitcoin situation in various countries emphasising that the emerging markets are most likely to be the leaders of Bitcoin adoption rather than the citizens of developed countries. How can such phenomenon be explained?
“Governments of emerging economies failed with their obligations to serve the payment system,” Nic Cary, Blockchain.info CEO. “Their economies need Bitcoin.”
Indeed, only 25% of 115 million citizens in Mexico are banked, while 90% of the population has cell phones.
Thank God it’s Friday! We have something for you to enjoy the Weekend ahead – list of 10 great bars and pubs all over the planet where you can pay for a few pints using nothing but Bitcoin. Isn’t it amazing?
1. Monkey Bar in Chamonix, France has prided itself on bringing together delicious food and drinks, boogie-down music, great happy hours and a little mayhem, with friendly laid back staff to entertain and serve you every day of the year.
Mastercoin has recently gotten a lot of attention due to IPO of MaidSafeCoin, with the payment methods beings Mastercoin and Bitcoin. What makes Mastercoin different from the numerous cryptocurrencies available on the exchanges? Well the most significant is the use of layering itself on top of Bitcoins blockchain.
Now your second question is most likely “What’s the point of attaching your coin to another blockchain, instead of making your own?”. One of the biggest advantages of using a blockchain of a more secure and well-established coin is that it’s more secure.