Time Inc. Partners with Coinbase to Accept Bitcoin, Micropayments to Be Explored
Time Inc. will be 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, thanks to a new partnership with Coinbase.
The New York-based media company publishes over 90 magazines including Fortune, Sports Illustrated, Life and Travel + Leisure. It reaches 130 million subscribers worldwide.
Earlier this year, they were spun off from media conglomerate Time Warner after 14 years of joint operation. The company is currently valued at $2.5 billion.
Coinbase hopes that its Bitcoin acceptance will further engage and expand its audience by providing an easier method of payment.
Coinbase added that being a media company with digital content, Time's integration with Bitcoin makes it ripe for facilitating microstransactions such as tipping- a feature introduced by Coinbase last month.
Furthermore, Time's integration "is an important step in helping the publishing industry understand and explore new business models that can be enabled with bitcoin."
A good recent example is an initiative by Nanotransactions to allow users to pay the equivalent of pennies to view, for example, a single article.
Time Inc. will be 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, thanks to a new partnership with Coinbase.
The New York-based media company publishes over 90 magazines including Fortune, Sports Illustrated, Life and Travel + Leisure. It reaches 130 million subscribers worldwide.
Earlier this year, they were spun off from media conglomerate Time Warner after 14 years of joint operation. The company is currently valued at $2.5 billion.
Coinbase hopes that its Bitcoin acceptance will further engage and expand its audience by providing an easier method of payment.
Coinbase added that being a media company with digital content, Time's integration with Bitcoin makes it ripe for facilitating microstransactions such as tipping- a feature introduced by Coinbase last month.
Furthermore, Time's integration "is an important step in helping the publishing industry understand and explore new business models that can be enabled with bitcoin."
A good recent example is an initiative by Nanotransactions to allow users to pay the equivalent of pennies to view, for example, a single article.