BITCOINS AND BITPAY CART
NEWS- BITCOIN AND BITPAY
WHAT ARE THEY?
Bitcoin is a recent advancement in technology. It enables buyers and sellers, or any two parties, to send funds back and forth. The medium of exchange is the BITCOIN, a digital currency, linked to all major currencies of the world. Its price or value changes according to market conditions, just as currencies, commodiies, stocks , bonds, precious metals do.
BITPAY is an online shopping CART that uses BITCONS as the medium of exchange, with the capability of automatically exchanging the value of BITCOINS into any currency, at market value. The main advantage is that no credit card is needed, your credit scores do not mater. You simply buy some BITCOINS on the open market, (there are many wasys) or take them in exchange (in person, or by email, or by a MERCHANTS SHOPPING CART) AND use them just as you would dollars or any other world currency to conduct your transactions, buying, selling, transfering, depositing into other accounts, etc.