Author

Topic: 2013-02-15 techcrunch.com - Reddit Starts Accepting Bitcoin for Reddit Gold Purc (Read 1093 times)

legendary
Activity: 1106
Merit: 1001
While Reddit isn’t exactly a “mainstream” site yet, it is definitely the most widely used site to start accepting bitcoin that I can think of.

The part of the copy that I don't follow reads:

Quote
As people start using bitcoin on Reddit, they’ll want to take their wallets to other merchants. That build of demand will hopefully break bitcoin into the mainstream.

Are they planning to make Reddit Gold work payments outside of Reddit?

No, I think it is saying that "If reddit makes bitcoin more popular, then bitcoin users will want bitcoin to be accepted on other mainstream sites." or something.

It means that if you're setting up a wallet to pay Reddit, well, now that you have a wallet, you're going to be curious as to where else you can spend these Bitcoin thingies...
hero member
Activity: 686
Merit: 500
While Reddit isn’t exactly a “mainstream” site yet, it is definitely the most widely used site to start accepting bitcoin that I can think of.

The part of the copy that I don't follow reads:

Quote
As people start using bitcoin on Reddit, they’ll want to take their wallets to other merchants. That build of demand will hopefully break bitcoin into the mainstream.

Are they planning to make Reddit Gold work payments outside of Reddit?

No, I think it is saying that "If reddit makes bitcoin more popular, then bitcoin users will want bitcoin to be accepted on other mainstream sites." or something.
legendary
Activity: 2506
Merit: 1010
While Reddit isn’t exactly a “mainstream” site yet, it is definitely the most widely used site to start accepting bitcoin that I can think of.

The part of the copy that I don't follow reads:

Quote
As people start using bitcoin on Reddit, they’ll want to take their wallets to other merchants. That build of demand will hopefully break bitcoin into the mainstream.

Are they planning to make Reddit Gold work payments outside of Reddit?
legendary
Activity: 1092
Merit: 1001
Quote
Reddit Starts Accepting Bitcoin for Reddit Gold Purchases Thanks To Partnership With Coinbase


Drew Olanoff
2013-02-15

http://techcrunch.com/2013/02/14/reddit-starts-accepting-bitcoin-for-reddit-gold-purchases-thanks-to-partnership-with-coinbase/

Bitcoin is the “underground” digital money system that’s fueling growth and disruption in the online payment space.
...
While Reddit isn’t exactly a “mainstream” site yet, it is definitely the most widely used site to start accepting bitcoin that I can think of.
...
Will Reddit push bitcoin into the mainstream? We will see, but as usual, the Redditors have gotten what they’ve wanted.
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