Here is the time we should learn something new about big companies that accept Bitcoin, Ethereum and other cryptocurrencies. Insider Monkey’s articles are always worth considering them, and this new one is an exceptionally interesting one. As I’m not an expert of this filed I incredibly enjoy learning about cryptocurrencies, so I opened this article with joy. Actually there are over 1,000 cryptocurrencies at present, but only a few managed to become well-known and popular. Cryptocurrencies have been around since 2009, but only since 2014 they have been gaining momentum as their value surged and businesses and industries around the world started to accept it.
Now without a further ado let’s see what Insider Monkey has investigated for us. We have picked three of the big companies that accept Bitcoin, Ethereum and other cryptocurrencies from their list.
The first one is Wikipedia. Obviously, you don’t have to pay for anything on Wikipedia, since it’s a free resource. However, the company behind the platform, Wikimedia Foundation, happily accepts donations and in 2014 it announced that it is accepting donations in Bitcoin. The payments are accepted through a partnership with Coinbase, one of the largest Bitcoin exchanges in the world. The second company is Lamborghini. The notorious brand of supercars has started accepting Bitcoin as a payment method for the cars. The announcement was made in September on the official Instagram page of Lamborghini Newport Beach, which is a factory-authorized dealership in California. The introduction of Bitcoin payment was possible due to a partnership with Bitcoin classified site Eggify, which has also made a deal with McLaren Newport Beach dealership earlier this year. At last, but not least we are mentioning Save the Children. Charities are among the organizations that benefit the most from the introduction of Bitcoin and Save the Children is also among the big companies that accept Bitcoin, Ethereum and other cryptocurrencies. In 2014, global charity Save the Children struck a deal with BitPay and started accepting donations in Bitcoin. The charity recognized the advantages of Bitcoin for nonprofit organizations, since the fees are much lower (BitPay actually waives the fees for Save the Children) and the money are raised much quicker as compared with traditional donations.
For any further useful information, read Insider Monkey’s article about 25 big companies that accept Bitcoin, Ethereum and other cryptocurrencies.