Now You Can Buy Coffee Blocks with Bitcoin.
Do you have some extra Bitcoin laying around? Now, you can spend them on Coffee Blocks. We’ve integrated Coinbase’s merchant tools and, starting today, we’ll be accepting Bitcoin for all purchases.
Don't have any bitcoins? Right now, Coinbase is giving away $5 worth of bitcoins when you sign up for an account and make a purchase.
What is Bitcoin?
Bitcoin can be a little confusing (or a lot confusing.) Imagine trying to explain internet protocol when it first came out, I'm not even sure what that means. Bitcoin is a way to send payments to other people without going through a central source. It is basically digital cash. With cash you hand someone money directly without having to go through someone else.
Up until now, you had to use a third party to buy something online; Visa, MasterCard, Amazon, Paypal, etc. With Bitcoin you can send money to someone else directly, the Bitcoin network logs it and keeps track of it. It’s way more complicated than that and a way over my head, even on a double cup of Coffee Blocks. But it, and other crypto-currencies, are finally revolutionizing how money is exchanged online.
Here’s a short video that explains it better.
How Does Bitcoin Benefit Me?
Bitcoin is another way for you to purchase Coffee Blocks. If you’ve already got some bitcoin, then we're a great place to spend them. Bitcoin transactions are secure, have minimal, if any, fees, and aren’t bound by international boundaries; which will be extremely helpful when we start shipping around the world.