mmitech
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things you own end up owning you


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May 10, 2014, 11:38:19 PM

So any ideas what this "Big thing" and "#ToTheMoon"  tweet by Bitpay is all about?

https://twitter.com/BitPay/status/465206481474686976



They followed up with this video, but I don't know if this is it.

Purse IO

https://www.youtube.com/watch?v=6B5bM8X-sLM

Basically, Purse.IO has you add items to your Amazon wishlist and offer to pay for them in Bitcoin at a 10%-15% discount.  Then, people in countries where bitcoins are not readily available like China and India sign in and buy the items for you and have them shipped to you.

When you get the items, your bitcoins are sent to the foreign buyer.  You get cheaper items.  They get an easy way to buy bitcoins in a country where it's not easy.

I don't think this has anything to do with the big thing Bitpay twitted about before, I also don't see how this system is going to work anyway, especially for 3rd world and developing countries where Paypal and most credit cards doesn't work....