Madeira Beach has been on the road to progress for the past few years with new construction, now it is turning cutting edge with trying to obtain the title of the first official Bitcoin City. Bitcoin is a digital form of currency. (find out more here: https://bitcoin.org/en/)
The city must get 80% of the business to sign up to take Bitcoin as a form of payment to obtain the title. The lure … saving thousands of dollars in credit card processing fees. There is no sign up fees, no real equipment needs and very little processing fees to pay overall. They make signing up easy – its an easy as 1-2-3 process. Go here to sign up to accept Bitcoin at your retail store: https://bitpay.com
This brings us to the good part for Madeira Beach. They won the contract to host the Bitcoin Beach Bash on Dec. 24. The city manager, Shane Crawford hopes local businesses will welcome those visitors by accepting their favorite form of digital currency. Bitcoin has signed a 3 year contract to sponsor the St. Pete Bowl and is looking forward to working with our local area to be the first Bitcoin city.
Check out Mojo’s top 10 facts on Bitcoin: