BitPay hits 10,000 merchants using its Bitcoin payment services

BitPay hits 10,000 merchants explained by professional Forex trading experts the “BitPay hits 10,000 merchants” FX trading team.

BitPay hits 10,000 merchants

Everyone understands that a currency must be something we actually use to buy things. For a while, the hype surrounding Bitcoin was all about who is investing in it (the Winklevoss twins), and who was making it available to trade (several Binary brokers such as SetOption, , and more recently Forex brokers such as AvaTrade and Plus500).

But no mention was made of what is was actually being used for.

And if Bitcoin was just ‘out there’, but not really being used by anyone for anything, then it was clear that Bitcoin would just peter out along with the hype, and become an interesting conversation piece.

Along comes BitPay, which recently raised a modest $2 million in venture capital financing from the likes of Founders Fund, run by PayPal co-founder Peter Thiel. BitPay’s mission is to get regular businesses, both online and offline, to accept Bitcoin as payment.

BitPay recently claimed to be adding as many as 100 new merchants each day, and has now backed that up by announcing that they have hit 10,000 total merchants worldwide using their solution to accept Bitcoin payments.

BitPay hits 10,000 merchants Conclusion

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