Showing posts with label iphone. Show all posts
Showing posts with label iphone. Show all posts

Tuesday, 4 February 2014

Australian Legal Firm to Accept Bitcoin

Australian Legal Firm to Accept Bitcoin

By IndiaTimes | February 3, 2014, 4:59 pm IST

WASHINGTON: LegalVision, an Australian legal service provider has reportedly become the first legal organization to allow its customers to pay for services with Bitcoin.

Bitcoin

A decentralized digital currency, Bitcoin can be used by users to transfer money on the internet sans the involvement of bank, allowing them to transact with each other directly.

Lachlan McKnight, LegalVision chief executive said that he was interested in using the crypto-currency because it fitted with the online firm's emphasis on efficiency and innovation, PCWorld has reported.

McKnight said that it made perfect sense for the fraternity to start using digital currency as it provided online legal advice and documents.

Source: http://www.indiatimes.com/technology/enterprise/australian-legal-firm-to-accept-bitcoin-126529.html

                                                   

                                                                                                       

Bitcoin ATM in Singapore

Singapore’s First Bitcoin ATM to Arrive in March


A Singapore company is planning to install the island’s first bitcoin ATM by April.
The firm, Bitcoin Exchange, has purchased a Lamassu unit that it expects will arrive mid-March. It plans to install more ATMs if the first unit is well received. Zann Kwan, one of the company’s directors, said:
“The good thing is that the Singapore government has left bitcoin alone. It’s treated like silver or gold, and if you want to [deal in it] it’s at your own risk. The ATM will create a lot more interest in bitcoin.”
According to Kwan, the machine’s location hasn’t been decided just yet. The company is looking for a location inside one of Singapore’s many shopping malls.
Kwan made it clear that the ATM would not charge a fee for each transaction, supplying bitcoin at a premium to market rates instead. She said the company had not decided what exchange it would take its rates from yet.
The Singapore bitcoin economy has been growing, although it’s still mainly driven by early adopters, she added:
“There are a few bars that are accepting bitcoins now, and people are talking about it. But you need a few people to start the ball rolling, then the momentum will pick up.”

Bartini Kitchen

bar
One of the republic’s cryptocurrency-accepting bars is Bartini Kitchen. The cocktail bar and restaurant, located in the heart of the city’s financial district, began accepting bitcoin payments at the end of November.

Several customers have paid for their food and drinks from Bartini Kitchen’s modern European menu in bitcoin since then, according to bartender Amir. He said:
“There’ve been just a few transactions, not many of our customers know about bitcoin. But overall, it’s been a positive response.”
Bartini Kitchen draws a cosmopolitan after-work crowd from the office towers that dominate the skyline in this part of town. The restaurant is part of a group of seven other bars and eateries, including a Japanese restaurant called Mariko’s that also takes bitcoin.
According to Amir, the group’s management are keen bitcoin supporters. Bartini’s mixologists are led by Barnaby Murdoch, a British expat who mixed drinks at London nightspots Kitts, Rudy’s Revenge and Rubicon.
Singapore’s tax authority issued guidelines on how to tax bitcoin back in December, becoming one of the world’s first regulatory institutions to do so. The republic is also the base of digital currency startups, like payment processor GoCoin and Ripple Singapore, a bullion exchange using the Ripple network.
Source: http://www.coindesk.com/singapores-first-bitcoin-atm-due-march/

                                                   

                                                                                                       

Friday, 31 January 2014

Lamborghini and McLaren Dealerships Drive Bitcoin Adoption in USA

Lamborghini and McLaren Dealerships Drive Bitcoin Adoption in USA

If buying a few drinks or gadgets with your bitcoin stash doesn’t get your heart racing, a Los Angeles-based car dealer will be happy to exchange your coins for a motor – and not just any motor at that.
Bitcoin classifieds site Eggify has struck a deal with McLaren and Lamborghini dealerships in California to offer a number of exotic vehicles for petrol heads through its platform. Of course, these aren’t everyday cars so they’re not exactly designed for shopping outings or family trips to the beach.

Fast payments, fast cars

The first dealership, McLaren Newport Beach, claims to have the largest selection of McLaren MP4-12Cs on the West Coast – and a few Spider models, too. Needless to say, they don’t come cheap.
The 12C spider is powered by an eight-cylinder, 3.8-litre twin turbo engine and features a number of pricey extras, like carbon ceramic breaks, a lightweight carbon fibre engine cover and plenty of high-tech goodies. The list price clocks in at 387.40 BTC, but you can try haggling.
If that’s a bit too steep, you might want to check out a 2014 Lamborghini Gallardo LP 550-2 Spyder. It packs a 5.4 litre V10 engine and comes with plenty of extras, all for the bargain price of 310 BTC.
car
Back to the Future fans might want to grab a 1981 DeLorean DMC-12 which is also available on Eggify for 24 BTC.
If you can get hold of Doc Brown’s flux capacitor, you could even travel back in time to mine a few bitcoins back in 2010 – which would be much easier than betting on a bunch of football games.

Four-wheel drive

‘Outdoorsy’ types may be interested that another car dealership, Land Rover of Redwood City, began accepting bitcoin payments via BitPay just yesterday. The dealership chose to accept bitcoins after it was approached by a Silicon Valley venture capitalist who wanted to buy a vehicle using the currency.
Doug Doyle, the dealership’s general sales manager, said:
“Realizing we need to be ready to accept change in this constantly broadening virtual community, we agreed to our first bitcoin sale.”
He added: “Although the concept of bitcoin is hard to grasp, the process as put forth by BitPay is quite simple. Just send an invoice and the money shows up in your account. Simple and seamless, just as they said.”
The company has dealerships in California and Florida. In addition to brand new Land Rovers and Range Rovers, it also offers a choice of used vehicles.

Moving up a gear

This is not the first time a car dealership has chosen to accept the fledgling currency.
Last year, Lamborghini Newport Beach promised to accept bitcoins, but it later emerged that the dealership required buyers to convert their bitcoins into dollars – which doesn’t exactly qualify as a bitcoin deal. Now, however, it is offering its vehicles through Eggify.
Meanwhile, in Florida it is possible to charge electric cars for bitcoins, using Coinbase. Additionally, last December, UK car classifieds site Auto4You began allowing sellers to list their cars in bitcoin instead of pounds.
Source: http://www.coindesk.com/lamborghini-mclaren-bitcoin/