Good content leads to bitcoin tips

Exchangers on-line: 94 Last update at 08:24:37
Good content leads to bitcoin tips

Coinbase, which is the most popular bitcoin wallet, is launching a new product called Coinbase Tip. Instead of giving a ‘thumbs up’, emoji icons or a comment to some interesting content, users are welcome to send a tiny cash payment along with them. Bitcoin tips are set by default to 300 bits (roughly 10 US cents), but can be adjusted to be as low as 1 cent.

Coinbase, which is the most popular bitcoin wallet, is launching a new product called Coinbase Tip. Instead of giving a ‘thumbs up’, emoji icons or a comment to some interesting content, users are welcome to send a tiny cash payment along with them. Bitcoin tips are set by default to 300 bits (roughly 10 US cents), but can be adjusted to be as low as 1 cent.

Coinbase CEO and co-founder Brian Armstrong speaking: ‘We believe there is a new micropayments economy, the beginning of which you’re just seeing and I think it’s significant because this business model just wasn’t really possible before bitcoin’.

Content owners should simply install a button to their web-site. The bitcoin services provider’s wallet users will be able to donate micropayments to web publishers with just one click. Users of different e-wallets, however, will need to go through additional steps. By such positive experience, Coinbase is planning to reward good authors and underline the advantages of bitcoin application.

Source: https://www.coinbase.com/tip.

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