BitPay, PayPal for Bitcoin, raises $510K – already has 2,100 businesses on board

Re:BitPay, PayPal for Bitcoin, raises $510K – already has 2,... by snitko on Monday January 07, 2013 @08:15PM (#5024354)

I was really surprised they were asking for my and my company's personal information during the registration process. Bitcoin is supposed to anonymous. So I went with Coinbase instead, they don't do that.

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Re:BitPay, PayPal for Bitcoin, raises $510K – already has 2,... by Illychnosis on Monday January 07, 2013 @08:28PM (#5024386)

Coinbase wants a link to a bank account in order to buy bitcoins. How is that less intrusive?

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Re:BitPay, PayPal for Bitcoin, raises $510K – already has 2,... by snitko on Monday January 07, 2013 @08:32PM (#5024393)

Well, not for me. I only want to be able to receive payments as a merchant. At the moment I don't care about exchanging bitcoins and bank accounts. BitPay, on the other hand, wants all the information before I can start receiving payments using their gateway.

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Re:BitPay, PayPal for Bitcoin, raises $510K – already has 2,... by Illychnosis on Monday January 07, 2013 @08:52PM (#5024468)

Ah. I see what you're saying now. Yes, Coinbase has an easier entry than Bitpay does.

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