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TigerDirect (Online Retailer) Now Accepts BitCoin for Payment

Discussion in 'BlackHat Lounge' started by crazyflx, Jan 23, 2014.

  1. crazyflx

    crazyflx Elite Member

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    http://www.businesswire.com/news/ho...t-Retailer-Accept-Bitcoin-BitPay#.UuFrWhAo7IU

    Quote from article: "TigerDirect.com has announced today that they will be accepting Bitcoin - a peer-to-peer digital currency - as a method of payment on over 200,000 products. TigerDirect is the first major US electronics retailer and largest company to date to accept the digital currency Bitcoin via BitPay."

    I think that this is pretty amazing. I know very very little and have done next to zero research into digital currency, with that said, I think this is a huge step forward towards legitimizing BitCoin.

    On a slightly different, even less informed note, does anybody else see the similarity between digital currencies like bitcoin and how currencies like the use of the USD are headed closer and closer to merging, at least in the form of usage? I sometimes go months without ever physically touching money. I get paid digitally, either through direct deposit of funds or through PayPal. I buy everything digitally, either through my debit card linked to my bank account or my debit card linked to my PayPal account when in person. Then online, I buy almost everything without even pulling out a card and simply enter my paypal login details as my form of payment. This is without even touching on the subject of credit cards, which I won't go into, mainly because I'm not really an advocate of buying things on credit...but the notion is the same (if not stronger) in this area.

    I think the up and coming generation where this kind of behavior is the only known behavior will be a big part of the reason why digital currencies can survive. The mentality of "it isn't real if I can't hold it" (referring to money) won't be there, or at least, won't as prevalent.
     
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    Last edited: Jan 23, 2014
  2. NutraTech

    NutraTech Newbie

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    That's pretty clever. Marketing certain products toward mining rigs could be a huge step forward for them.
     
  3. crazyflx

    crazyflx Elite Member

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    It's a huge step forward for bitcoins. The clever part for TigerDirect is that anybody who is familiar enough with BitCoins to buy things with them are literally their exact demographic.
     
  4. NutraTech

    NutraTech Newbie

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    Yeah, exactly. I have had a few hiccups with them, but this could be very profitable.
     
  5. ChapoGuzman

    ChapoGuzman BANNED BANNED

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    We still got rap music to keep the trend going lol.


    But naw I was looking into bitcoin the other day just because I had the chance to buy some at a discount but i dont know remotely enough to dabble in that world just yet.

    But yeah I hear you, only time I take money out is for the weekend when I party drink etc, cause I just spend what I physically have so I wont go over the limit but other then that with plastic for everything.

    BUt I actually like to have physical money on me instead but it too much of a hassel to take it out.