The ‘eBay of Latin America’ Announces Bitcoin Plans - page 2.

Guido

legendary

Activity: 1061

Merit: 1001

very big news, thankyou o/p and coindesk

one thing people in arrgentina and brazil etc do not want is fiat junk that is less every day
this way they get bitcoin for selling unwanted items plus can get useful (for the time being) u.s dollars in return also

also interesting to note from comment above ebay own a chunk of company, hopefully they move forward with putting bitcoin integration on ebay itself

this is when i sell the mountain of collected junk in my garage Grin

pawel7777

legendary

Activity: 2436

Merit: 1561

That's indeed a big news.

Quote

MercadoLibre.com (literally "free market" in Spanish) or MercadoLivre in Portuguese (Brazil, Portugal) is an Argentine online marketplace dedicated to e-commerce and online auctions. eBay is the largest common stocks owner in MercadoLibre, with 18.40% of total common stocks. eBay entered into a strategic alliance with MercadoLibre in September 2001. MercadoLibre is Latin America's number-one e-commerce site.[citation needed] It is currently present in Argentina, Brazil, Chile, Colombia, Costa Rica, Dominican Republic, Mexico, Ecuador, Peru, Panama, Portugal, Uruguay and Venezuela.

https://en.wikipedia.org/wiki/MercadoLibre.com

That could help them expand globally to international markets, if that's what they aim at all. As for now there's not even English version available.

mtnsaa

legendary

Activity: 1568

Merit: 1000

MercadoLibre, Latin America's answer to eBay, has announced it is integrating bitcoin into its payments platform, MercadoPago.

In an email to users, the marketplace said the initiative would keep its merchants "one foot in the future".

http://www.coindesk.com/the-ebay-of-latin-america-announces-bitcoin-plans/

This is big news since South America, especially Brazil and Argentina are adopting Bitcoin much more quickly than other countries due to fluctuations in their national currency. If Bitcoin actual establishes somewhere as a mainstream payment method, it would be in these countries and they could be come a beacon of hope.

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