Reason to trust
How Our News is Made
Strict editorial policy that focuses on accuracy, relevance, and impartiality
Ad discliamer
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.
The concept of spending bitcoins in exchange for gift cards to retail outlets that don’t account digital currency is nothing new. Just take a look at Gyft and eGifter.
These services have made a pretty penny catering to the needs of the bitcoin community proving that the concept works and that it’s lucrative.
And hoping to take part in the success is Canada-based start-up YesToBitcoins.com, a service that will allow bitcoin users to purchase gift cards to some popular outlets.
According to the site’s founder, Darwin Ramon, the idea to open up shop reportedly came from him asking himself why he couldn’t spend bitcoin to purchase items from his favorite stores.
“The technology is already here, so why do I have to wait until the big brands catch up?” he asks.
The service Ramon’s established launches today (it’s operated by the French Canadian company ‘Ideas on That’) gives customers access to the following retailers: Amazon.ca, Amazon.com, Amazon.co.uk, Starbucks.ca, Starbucks.com, Zara.com, Apple.com and Monocle.com.
“If bitcoins can be spent, bitcoins are useful,” Ramon says. “It is my goal to facilitate the inclusion of bitcoins in the established economy.”
The way it works is similar to other options available today, as you would imagine. Select the gift card, denomination, and you’re ready to go.
In order to process the payments, YesToBitcoins.com is partnering with Atlanta-based BitPay — a company that is now processing about $1 million in bitcoin transactions per day, we reported last week.
Whether or not bitcoin enthusiasts will separate from their choices today and use YesToBitcoins remains to be seen. Here’s to wishing the team the best of luck.
More information: YesToBitcoins.com
Darwin Ramon 
lorenz 
I like the article 🙂 I would just like to add that the brands listed are brands that I like, that is how I choose them.
We’re a Canadian store that allows you to buy direct from us with your Bitcoins. We specialise in geek / pop culture products.
Goodmorning I will be grateful if I donated the bit coin,
1MxcSJH5CWccs1e9DEJmA76jWS4AkeA2V5