ShopCity.com Logo
ShopLocally.com + Bitcoin = Win
Posted: 12/27/2013

The ShopLocally.com network is proud to announce that we now support payment in Bitcoin.

Bitcoin is the world's leading, open virtual currency enabling individuals and businesses to transact online, securely, conveniently and with no processing fees.

Unlike national currencies, there is no central authority that oversees the network. Instead, it is managed automatically by the logic within the program, ensuring that counterfeiting is not possible, and abuse is not likely.

In the last year, Bitcoin adoption has really taken off, with both the value of the currency and the number of merchants accepting it growing exponentially.

The open nature of Bitcoin (anyone can examine the code it runs on, ensuring it is both secure and 'fair') and growing standardization of the platform makes it a great tool for those looking to create lasting economic change, as we are here at ShopLocally.com.

For these reasons, we have decided to implement support for Bitcoin throughout the ShopLocally.com system.

As of January 15th, 2014, all merchants on the ShopLocally.com network will be able to accept Bitcoin payments for marketplace transactions, e-payments and donations.

At the same time, members will be able to pay for subscriptions to the ShopLocally.com platform with Bitcoin.

"We are thrilled to be able to provide tens of thousands of local independent businesses with their first exposure to the world of Bitcoin. We look forward to helping them get setup with wallets, learn about safety and security, as well as the investment opportunities presented by the currency" said Colin Pape, founder of ShopLocally.com.

"At the same time, we believe that mass acceptance of Bitcoin on a local level could be the key to unlocking the value of the currency as holders have increased options for Bitcoin spending."

For more information about Bitcoin, please visit www.bitcoin.org






What are your thoughts?

Like & Share

Facebook Post to Twitter Reddit

 


Latest Posts

04/19/2018 - Ontario BIA Association Conference This past week was the 2018 Ontario BIA Association (OBIAA) annual conference in Collingwood, Onta...

06/05/2017 - ShopBrockville.ca launches in Brockville, Ontario! Brockville is a town of about 21,000 nestled on the banks of the St. Lawrence River in the Thous...

05/04/2017 - ShopSherwoodPark.com launches in Sherwood Park, Alberta! After spending almost eight years as a private mailman in paradise, an Alberta man is making a spl...

04/28/2017 - ShopAirdrie.com launches in Airdrie, Alberta! For a dad from just outside of Calgary, Alberta, starting his own business means he can spend more...

04/20/2017 - ShopStAlbert.com launches in St. Albert, Alberta! For a determined entrepreneur with experience in selling everything from "lipstick to cars&qu...

View Older Posts »




Download PDF Information Package

Want more information on how you can become a City Manager?

The PDF Info Package contains:

Fill out the 'Request PDF Information Package' form below to get the PDF.

Request PDF Information Package

Text For Info