70,000 Caribbean Island Residents to Receive Bitcoin in 2015

70,000 Caribbean Island Residents to Receive Bitcoin in 2015

All 70,000 residents living on the Caribbean nation of Dominica will be eligible to receive bitcoin as part of The Bit Drop project, an upcoming collaboration between bitcoin businesses, interest groups and local government officials.

Scheduled to take place on 14th March, 2015, The Bit Drop will feature an island wide party boasting ‘celebrities, musicians and supporters of bitcoin’, as well as education booths and free giveaways. The event will also coincide with Pi Day, an annual celebration of the mathematical constant p (pi).

While the event has serious goals, Project manager Blincoe said the group decided to adopt a lighthearted tone for the project, adding:

“Who doesn’t like a party? No one in the Caribbean, that is for sure.”

Project partners include bitcoin wallet and merchant processing provider Coinapult, international non-profit College Cryptocurrency Network, women’s industry group Bitcoin Beauties and bitcoin-friendly insurance provider Aspen Assurance.

70,000 Caribbean Island Residents to Receive Bitcoin in 2015

Related articles

change tip bitcoin news

ChangeTip Brings Bitcoin Micropayments to YouTube, Google+ and Tumblr

ChangeTip Brings Bitcoin Micropayments to YouTube, Google+ and Tumblr Bitcoin tipping platform ChangeTip has announced that it is expanding its service to YouTube, Tumblr and Google+. The platform already supports bitcoin micropayments on social media sites like Twitter, Reddit and StockTwits – a popular network for traders and investors. Dubbed a ‘love button for the […]

Greenpeace USA Accept Bitcoin Donations

Environmental campaign organization Greenpeace announced it will start accepting bitcoin donations in itѕ USA division viа partnership with bitcoin payment processor BitPay. Greenpeace dоеѕ nоt accept donations frоm corporations оr governments, instead, thе nonprofit relies оn individual donations. Thiѕ practice соmеѕ with a drawback, however, ѕinсе thе cost оf many, rеlаtivеlу small, transactions саn easily […]

Leave a Reply

Your email address will not be published. Required fields are marked *

*