We've had a lot of demand from users to begin accepting Bitcoin at the iMore Store, and today I'm happy to announce that support is here! Just in time for the holidays, Bitcoin users can now checkout with the digital currency at the iMore Store and our other Mobile Nations stores including ShopAndroid, ShopCrackBerry and Windows Phone Central Store.
To kick off the Bitcoin support, we've even extended our Black Friday/Cyber Monday sale to run a full week. That means until this Friday, December 6th at midnight PST tonight, you can save 25% on ALL orders using coupon code CYBER13.
Using Bitcoin Checkout at the iMore Store
After selecting items to purchase, simply visit your cart. On the cart page there is a Pay with Bitcoin button. Look for the button below your checkout Total. Simply click the Pay with Bitcoin button and follow the instructions on the pages that follow.
Woah. What's all this Bitcoin stuff about?
Bitcoin is making lots of headlines these days, and it can be a confusing concept to grasp at first until you read up on it and it "clicks". Long story short, Bitcoin is a peer-to-peer online financial network and a digital currency (that also goes by the name Bitcoin). There's no middle man with Bitcoin. Instead, Bitcoin payments are sent over the network directly from sender to receiver and the management of the transactions is carried out by the collectively by the network. The infographic below provides a good walk through (more info on Wikipedia and Bitcoin.org).
Why support Bitcoin?
That's an easy one. We love technology, we love our users and we love choice. Nobody quite knows where Bitcoin will go, but it has a real community movement behind it and we have customers asking for it, so we're happy to support it and be part of the story as it continues to evolve!
Reader comments
iMore Store now accepting Bitcoin!
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After reading the info graphic... I think my brain just created a nonce and dumped it in a hay stack. Now I'm confused again.
This sounds interesting, I'll have to keep an eye on this (as soon as I really get it).
:D
You're not the only one confused by Bitcoin :)
Ditto!
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+1 on the confused party... I can't seem to understand it.
The important points:
- Bitcoins can be sent between any two people in the world for next to nothing
- No-one can seize your coins without your password (well, private key)
- A Bitcoin can be divided to 8 decimal places (e.g. 0.01 BTC is about 10 USD)
- Payments are near irreversible
- The easiest way to get Bitcoin is to buy them (e.g. https://www.mtgox.com/ ); or you can get a small amount to play with online (e.g. http://freebitco.in/?r=86344 ).
Let me know if you have any questions!
That doesn't sound too bad... It's like exchanging actual currency for tokens at an arcade... Except it's all online and you can actually get practical stuff (shipped to your home).
Right?
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Yes, pretty much. And unlike arcade tokens, no one can go and print off lots of new ones making yours worth less!
Over at gyft you can buy high-street vouchers for Bitcoin, allowing you to (indirectly) buy almost anything for Bitcoin.
I'm liking the sound of this. It's like loading my iTunes account with gift cards because I don't want my kids to have access to my credit card.
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Yes, they can be a great way to avoid giving your card details out over the internet.
It's the cyberspace equivalent of "carrying cash".
xD
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I'm right there with you.
Same here!
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I am very impressed. Yours will be the first site I've found so far where I can actually buy things I want! It looks likely that digital currency is the way forward so it's good to see sites like iMore getting involved.
My only slight concern is the rather volatile value of Bitcoin in these early days which makes it a bit tricky to set prices or know when to buy. It will settle down in the end I guess.
For anyone here that wants to learn about Bitcoin from scratch, I can't recommend highly enough this free iOS universal app: Bitcoin101 by Udemy (a series of 7 audio/slide show presentations). It taught me why Bitcoin is so revolutionary and why everyone in the world should get informed as soon as possible.
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Slight correction, it is called 'Bitcoin: Everything About Bitcoins'
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Downloading... Thanks!
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I'm going to have to read up on bit coins. Congratulations to iMore for stepping out and taking the lead to this new payment method.
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