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EarthLED becomes first online lighting store to accept Bitcoin

Posted by Mark Costigliola on

EarthLED, in partnership with BitPay now accepts Bitcoins as a payment method! In doing so, we are the first online lighting store to accept this exciting new payment method.

Wait. So What is Bitcoin?

Many people find Bitcoin somewhat confusing. Quite simply, Bitcoin is a peer-to-peer online financial network that people use to send payments from one person to another and it’s also a digital currency (also called Bitcoin). The bitcoin network functions without the intermediation of a central authority. The managing of transactions and the issuing of Bitcoins is carried out collectively by the network. Here is a video that sums it up nicely:

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