The Tipping Point of Bitcoin Micropayments

Jose Pagliery writes about innovation for CNNMoney. He has covered the development of bitcoin, penning dozens of short articles on digital currency, composing for the Atlanta Journal-Constitution, the Daily Business Review and the Miami Herald. He is also the author of ‘Bitcoin and the Future of Cash’. In this excerpt from the book, Pagliery looks at the benefits and utilize cases of micropayments.

micropayment

The very first significant paper to venture into uncharted territory was the Chicago Sun-Times, which set up a bitcoin paywall in April 2014. A cautious take a look at the company’s choice reveals that the paper is just dipping its toes into the water. For instance, the Sun-Times partnered with the bitcoin transaction processer Coinbase, allowing the paper to significantly lessen its risk of exposure to volatile bitcoins due to the fact that it never has to in fact hold them.Continue reading at

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