Do you remember Erik Finman, the Bitcoin millionaire who bought his first Bitcoin as a teenager? He built his first company while he was still in high school and he was called the Bitcoin “millionaire” by Yahoo Finance. He has gone on record as saying that for Bitcoin to stay relevant, and to rise in price, it must overcome some hurdles, one of which is familiarity and ease of use. Finman is trying to solve that problem with his own company called CoinBits. Let’s take at what this company is all about.
CoinBits
Finman said that Bitcoin needs to improve its network to lower transaction fees, speed up transactions, stop the bickering in-house and become more widely used if it is to remain a viable payment method. Finman is trying to get Bitcoin more in the mainstream by making it easier to use for everyone. He started CoinBits so that people could start earning Bitcoin simply by making regular credit or debit card transactions. People can make a one-time investment of $10, $25, $50 or $100 through website. “Overall, investing in bitcoin is complicated and can feel almost impossible,” said Finman to the media, “Coinbits allows you to put that spare change in bitcoin. For example, if you spend $1.75 on French fries, that remaining 25 cents is invested automatically.”
Finman said that the resurgence for the Bitcoin price is a lot like what happened in 2017 when Bitcoin hit $20,000. "2019 is the new 2017 for bitcoin and cryptocurrency," Finman said, "Cryptocurrency is hitting its stride and all the things happening in the tech and finance industry right now are boosting bitcoin and crypto. Blockchain is the cutting edge."
Finman has focused his attention in making Bitcoin easier to use for everyone. "People who live and breath bitcoin, working closely with others who are in the same positions as themselves, can sometimes forget that they need to on-ramp new people who aren't yet into crypto," said Finman, "The friends I went to high school with know the words 'bitcoin,' 'cryptocurrency,' and 'blockchain,' but they don't really understand what they mean. They know bitcoin as a get-rich-quick tool and little more. That needs to change if bitcoin is going to be around much longer."
Coinbits reportedly has 10 full time employees and already more than 10,000 users. There is no question that people want to find out more about Bitcoin and how to use it and Coinbits makes that possible. A recent survey done by HBUS said that most people are aware of cryptocurrencies, but that they are still a little leery about investing. The people in the survey said that the greatest strengths of cryptocurrencies are the technology, privacy, and security.
It has been an excellent 2019 for Bitcoin, as the cryptocurrency has more than doubled in price. Marquee companies are adding Bitcoin payment methods on almost a weekly basis. The latest big name was AT&T, as they added Bitcoin payment methods for their customers. Some businesses have been accepting Bitcoin for a long time including leading online sportsbook BookMaker. Most of their deposits and withdrawals are now done using Bitcoin. The cryptocurrency has proven to be a very reliable way for customers to send and receive money, as the costs are low and the speeds are fast. Customers want reliable and fast payment options and BookMaker has been providing Bitcoin payment methods to their customers for years. They now do the bulk of their money transfers using Bitcoin. Other companies are also seeing the light and it may not be long before you can use Bitcoin to pay for almost anything online or at your local store.
Don’t miss out on Bitcoin, as you can get started with a Bitcoin wallet today and begin sending and receiving Bitcoin with no worries about your funds not going through. Check out the latest Bitcoin deposit and withdrawal options at BookMaker today and join the many customers who have already discovered Bitcoin as a reliable payment method.
Check out the latest Bitcoin deposit methods at BookMaker today.
