Think Litecoin and Dogecoin are dead? Cheapair now accepts them for flight bookings

Cheapair.com, which began accepting 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 for payment last November, now accepts Litecoin and Dogecoin for flight and train bookings.

By the numbers, their bitcoin-based sales have been impressive: over $1.5 million in 7 months. Overstock.com, whose acceptance of Bitcoin continues to be a hot topic, reported $1.6 million in 5 months.

The company began accepting the two altcoins in response consumer demand. They have partnered with GoCoin to enable the payment functionality for the altcoins, although they continue to use Coinbase for Bitcoin Payments Payments One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl Read this Term.

The development is a shot in the arm for the two alts, which many had left for dead. They are trading higher today, despite Bitcoin remaining flat.

The use of digital currencies can be beneficial in cutting transaction costs in this low profit margin industry. CEO Jeff Klee commented:

“In general I am very supportive of alternative currencies and the technology is very promising....Big banks have such a stranglehold on commerce with their 3% per transaction fees. They need some competition and digital currencies are best suited to provide it.”

Cheapair joins Bitcoin Shop, another e-commerce platform looking to find shoppers the best deal, in accepting the two coins via GoCoin.