{"id":10383,"date":"2014-03-18T10:34:15","date_gmt":"2014-03-18T17:34:15","guid":{"rendered":"http:\/\/lifeboat.com\/blog\/?p=10383"},"modified":"2017-06-04T12:08:47","modified_gmt":"2017-06-04T19:08:47","slug":"a-guy-who-owns-a-bitcoin-only-electronics-store-is-revealing-everything-on-reddit","status":"publish","type":"post","link":"https:\/\/lifeboat.com\/blog\/2014\/03\/a-guy-who-owns-a-bitcoin-only-electronics-store-is-revealing-everything-on-reddit","title":{"rendered":"A Guy Who Owns A Bitcoin-Only Electronics Store Is Revealing Everything On Reddit"},"content":{"rendered":"<p><span class=\"single-author\"><a href=\"http:\/\/www.businessinsider.com\/author\/dylan-love\" rel=\"author\">Dylan Love<\/a> \u2014 Business Insider<br \/>\n<\/span><\/p>\n<p><\/p>\n<p>Reddit user \u201cLeeburg\u201d <a href=\"http:\/\/www.reddit.com\/r\/Bitcoin\/comments\/20of9j\/almost_9_months_ago_i_launched_a_bitcoin_only\/\">has written a post<\/a> on his nine months and counting of experience in running a Bitcoin-only storefront online. The site is called <a href=\"http:\/\/coinsfortech.com\/\">CoinsForTech<\/a>, and it deals in smartphones, computers, and all order of electronic gadgets wanted by people all over the world.<\/p>\n<p>Leeburg is able to serve these people because Bitcoin is a geographically agnostic digital currency. Rather than get a bank involved in converting obscure currencies, CoinsForTech simply waits for confirmation that a customer\u2019s payment has arrived at the appropriate Bitcoin wallet. At that point, it can convert to U.S. dollars or do whatever else it would like with the Bitcoins \u2014 the payment\u2019s arrived and the irreversible nature of Bitcoin transactions means it\u2019s here to stay.<\/p>\n<p><a href=\"http:\/\/www.businessinsider.com\/e-commerce-with-bitcoin-2014-3\" target=\"_blank\">Read more<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dylan Love \u2014 Business Insider Reddit user \u201cLeeburg\u201d has written a post on his nine months and counting of experience in running a Bitcoin-only storefront online. The site is called CoinsForTech, and it deals in smartphones, computers, and all order of electronic gadgets wanted by people all over the world. Leeburg is able to serve [\u2026]<\/p>\n","protected":false},"author":76,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1318],"tags":[],"class_list":["post-10383","post","type-post","status-publish","format-standard","hentry","category-bitcoin"],"_links":{"self":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/10383","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/users\/76"}],"replies":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/comments?post=10383"}],"version-history":[{"count":2,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/10383\/revisions"}],"predecessor-version":[{"id":65014,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/10383\/revisions\/65014"}],"wp:attachment":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/media?parent=10383"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/categories?post=10383"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/tags?post=10383"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}