Marc Andreessen, co-founder of venture capital firm Andreessen Horowitz and co-founder of Netscape, says "Bitcoin gives us, for the first time, a way for one Internet user to transfer a unique piece of digital property to another Internet user. The consequences of this breakthrough are hard to overstate."
I'm currently an advisory board member and strategic marketer for a new Singapore-based startup called Coin Of Sale, which is a simple, free Bitcoin POS (point of sale) software solution for merchants that allows any retail business to safely accept & manage payments in Bitcoin.
Tomas Forgac is the CEO. He's spoken about Bitcoin on Channel News Asia, The Edge, The Straits Times, Channel 8, Global Payment Summit 2013, and Bitcoin Conference 2013. I'm excited to be part of Tomas' new business venture. I'm sure you will be hearing a lot more about Coin Of Sale in 2014!
While it's still unusual to find a business that accepts Bitcoin, an increasing number of popular online merchants have jumped onboard such as TigerDirect.com, Zynga, and Overstock.com. In Singapore, a growing number of small cafes and even a Subway franchise now use Coin Of Sale as their POS software solution for accepting Bitcoins.
More and more Asian merchants are signing up to accept Bitcoins as payments. It's not hard to imagine a "Bitcoins Accepted Here" sticker appearing in storefronts windows very soon, right along side VISA, Mastercard and AMEX.