Saturday, October 19, 2013

4 Major Businesses That Began To Accept Bitcoins in 2013!



A popular question that always comes up involving Bitcoin is, "Where exactly can you use it?" Fortunately for Bitcoin investors, the answer to that question continues to grow. Here are four major businesses that just began to accept bitcoins this year.

1) Baidu

Baidu, China's most popular website (frequently referred to as "China's Google"), began accepting bitcoins in October. Although, at this point Baidu is only accepting bitcoins for its security service,
this is still great news for Bitcoin investors, especially given the Chinese government's history of cracking down on virtual currencies in the past.

2) Reddit

Reddit, a social news and entertainment website where registered users submit content, began to accept bicoins in February. Bitcoins can be used to buy the premium reddit gold subscription service which adds a number of features to the Reddit interface. Reddit uses the Bitcoin payment processor Coinbase.

3) OKCupid

OkCupid, a popular free dating website, began accepting bitcoins to pay for certain features in April. OKCupid also partnered with Coinbase to handle Bitcoin transactions.

4) The Pirate Bay

The Pirate Bay (or TPB), a website that facilitates peer-to-peer file sharing using the BitTorrent protocol, started accepting bitcoins for donations in April. It also began to accept another digital currency called LiteCoin.