Happy Birthday! Here’s a … Bitcoin Gift Card?

by Christopher Freeburn | August 27, 2013 12:17 pm

bitcoins Happy Birthday! Here’s a … Bitcoin Gift Card? [1]Looking for a way to give someone a taste of a completely Internet-based currency[2]?

Well, try CoinTap from Bitcoin Ventures. The $50 gift cards can be purchased in brick and mortar stores and later traded for Bitcoins on the company’s website.

The digital money, which debuted in 2009, is traded on online exchanges all over the world. There are only 21 million bitcoins available.

Currently one bitcoin is valued at around $121 on Mt.Gox.com, a popular exchange.

In May, the CEO of eBay‘s (EBAY[3]) PayPal said the online payment system was looking into ways to accept bitcoin payments through its system[4], but hadn’t committed to the concept yet.

Earlier this year, it was reported that Cameron and Tyler Winklevoss, the twins who sued Mark Zuckerberg over their role in the founding of Facebook (NASDAQ:FB[5]) have acquired $11 million worth of bitcoins[6].

  1. [Image]: http://investorplace.com/wp-content/uploads/2013/03/bitcoins.jpg
  2. completely Internet-based currency: http://finance.yahoo.com/news/cointap-cards-buying-bitcoins-easy-001600988.html
  3. EBAY: http://studio-5.financialcontent.com/investplace/quote?Symbol=EBAY
  4. looking into ways to accept bitcoin payments through its system: http://investorplace.com/2013/05/bitcoin-buzz-paypal-considers-accepting-virtual-currency/
  5. FB: http://studio-5.financialcontent.com/investplace/quote?Symbol=FB
  6. acquired $11 million worth of bitcoins: http://investorplace.com/2013/04/winklevoss-twins-take-big-stake-in-digital-currency/

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