After Launching Litecoin Payments, GoCoin Chosen For Mayoral Donations

GoCoin's recent launch of payment processing facilities using Litecoin is an encouraging sign for both supporters and speculators looking for the cryptocurrency to take the next leap into the echelons of tangible value transfer.

DC Magnates reached out to Steve Beauregard, CEO and Founder of GoCoin to see what their future holds in store for other digital currencies. He confirmed GoCoin's strategy focus on providing merchant solutions and as such, their team continually analyzes the market and will facilitate other digital currencies once they meet GoCoin's criteria. Such criteria include adequate market Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term and merchant demand for the cryptocurrency.

One immediate impact of GoCoin's payment services will be felt when they team up with entrepreneur and angel investor Brock Pierce to host a fundraiser in support of Oakland mayoral candidate Bryan Parker that will take place in Santa Monica next week. Tickets for the fundraiser as well as donations to Parker's electoral race can be processed using bitcoins via GoCoin's integrated solution.

A member of the the Executive Leadership Council of Oakland, Parker stated that "Bitcoin Bitcoin While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that Read this Term is a tool we can use to dissolve inequality, be it social or economic, and facilitate change for whole communities. I see the role of technology as solving real world problems, like job creation, in lasting ways, such as providing merchants cost-effective gateways into e-commerce and online markets." According to the event's press release, the fundraiser will be both introducing Parker to LA and bitcoin community, as well as providing education about bitcoins as Brock Pierce will keynoting a talk titled "Insight into Bitcoin."