Based in Calgary, Alberta, Bitcoin Ventures Inc. announces that it will make things easier for Bitcoin buyers. The company’s representative and Bitcoin consultant Ashley Fulks said that buying Bitcoins are now as uncomplicated as buying a loaf of bread at CoinTap, a creation of Bitcoin Ventures, Inc., is all set to embark in the Bitcoin e-commerce solutions.
Mr. Fulks also says that customers need not go through the tedious method to buy Bitcoins at other organizations as at CoinTap they can just simply go to the store and buy a CoinTap card. After buying a CoinTap card they may redeem the same on the company’s website; thus, it is all quick and easy.
Gift Cards Can Be Redeemed for Bitcoin
The company offers a $50 gift card which is redeemable for $50 in credit. Customers may use the amount to purchase Bitcoins at a competitive rate through the company’s website. Thus, CoinTap, a creation of Bitcoin Ventures, Inc., a local virtual currency software development company, is all set to make the difference the way Bitcoin is bought.
Mr. Fulks also explained that buying Bitcoins is now as uncomplicated and the best thing that can happen for the customers who are interested in buying the crypto-currency is that it is fast becoming the best-performing currency in the world.
Mr. Fulks also added that his company is working with a large card distribution company to get the cards distributed through convenience stores. Though these cards are being sold based on their fiat value, buyers may redeem them for Bitcoin at a competitive rate.
CoinTap has a pool of Bitcoins; however, he admits that later on it will buy them from the local Canadian exchange if requirements increase. He also promised that later on the company may cater the requirements for other virtual currencies like litecoins and ripples.
Mr. Fulks Explains the Advantages of Bitcoins for Customers
He says that since Bitcoin’s value is determined purely by the market, it shows a different picture of what other currencies are worth. According to Mr. Fulks there is no inflation with Bitcoin as there are only 21,000,000 Bitcoin in circulation.
Moreover, when Canada considers Bitcoin as legal tender, buyers would not have trouble using them. Mr. Fulks admitted that Bitcoin is a decentralized currency and runs on a peer-to-peer network, so its value can’t be regulated by a small group of people or even manipulated by the government agencies.
To contact the reporter of this story: Depak Tiwari at firstname.lastname@example.org