Moving in a new direction
Purse Blog
by Purse
9M ago
Purse is being Acquired and Sunsetting the Current Marketplace Dear PurseIO, Inc. Users, We are happy to announce that Purse is being acquired by Loadpipe. With this acquisition, we’re modernizing the marketplace with Web3 capabilities to revolutionize global commerce. To facilitate this transition, we will sunset our current “shop on Amazon” model and focus resources on developing Loadpipe protocol. Company History Purse.io was launched in 2014 with the aim of providing a platform to shop on Amazon at a discount using Bitcoin. Our mission has been to build use cases beyond just trading a ..read more
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Loadpipe to Acquire Purse
Purse Blog
by Purse
9M ago
Loadpipe + Purse Dear Purse Community, It feels like a lifetime ago since we launched purse.io 9 years ago. We started with a mission of making bitcoin useful and imagined the whole world using bitcoin to transact for everyday purchases. We’re thankful for everyone who believed in the vision and used our platform to shop and earn bitcoin — without you, we would not have been able to build Purse, open source infrastructure, and new protocols. Today, I’m pleased to announce we’ve entered into an agreement to be acquired by Loadpipe. We chose Loadpipe because they are e-commerce veterans foc ..read more
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7 Bitcoiner books you can buy with Bitcoin
Purse Blog
by Purse
1y ago
Bitcoin. What comes to mind when you hear this term? It is merely a word that elicits various emotions depending on the particular social echo chamber we tune ourselves into. Forgetting the noise, we can agree that Bitcoin is an ideological movement more than anything, and what better way to understand the ideology than by reading? Below I have compiled the three phases of learning about Bitcoin and mentioned seven must-read books if you want to understand this revolutionary creation. Every single book mentioned you can buy with Bitcoin via Purse.io. Enjoy. Phase 1: Understanding our eco ..read more
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Living with Bitcoin: 2 stories
Purse Blog
by Purse
1y ago
Here at Purse, we sell items for Bitcoin, pay employees in Bitcoin, and pay earners in Bitcoin. Bitcoin is the primary currency of our marketplace, and as a result, we have gained deep insight into how it affects the daily life of those around the world. As we previously covered, the usage of Bitcoin in developing countries is prominent, as it is a good exit from any unfavorable societal system. After talking to many of our Shoppers and Earners, we had two fascinating stories pop out. Story 1: Y.G We spoke to Y.G, a long-time Purse Earner who has completed 125 orders and received a ..read more
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Stacker News AMA with Purse
Purse Blog
by Purse
1y ago
Purse’s CEO, Ray Marceau, is excited to participate in an upcoming AMA on Stacker News. Stacker News is a forum (like Reddit or Hacker News) where users earn sats for creating or curating content. What’s especially cool is that Stacker News is open source and built on top of the Lightning Network! The AMA will take place on September 13th and starts at 10am (CT). Feel free to post your questions there beforehand. Here’s the link for the AMA: https://stacker.news/items/68018 Stacker News AMA with Purse was originally published in Purse Blog on Medium, where people are continuing the conversati ..read more
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The Purse Affiliate program is back!
Purse Blog
by Purse
1y ago
We’re happy to announce that Purse’s Affiliate Program is now actively processing applications again. The Affiliate Program is separate from the “Refer a Friend” code you currently have. The Purse affiliate program is historically one of the most lucrative ways to earn Bitcoin. For example, the top Purse affiliate has made 33.68 BTC by referring around 11,000 customers. Another top affiliate has acquired a whopping 9.7 BTC. You now have the opportunity to do the same. If accepted into the program, you will receive a unique affiliate code that pays 10% of your Referrals’ Service Fees in p ..read more
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Amboss — Lightning Explorer & More
Purse Blog
by Purse
1y ago
Amboss — Lightning Explorer & More If you have been around the Lightning space, you may have heard you can make money by running nodes to power the network. A Lightning transaction that routes through your node will pay a fee to you, known as yield. Big announcements like El Salvador and the Central African Republic accepting Bitcoin as legal tender, with others expected to follow suit, have created a surge in demand that requires more Lightning channels with higher capacities. Lightning channels connect nodes together to build a network that is used by the payer and payee to tr ..read more
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Bitcoin is the Superior Money
Purse Blog
by Purse
1y ago
The original idea behind Satoshi Nakamoto's Bitcoin was a peer-to-peer cash system that could be verified and finite, rooted in a sound monetary system that he believed the US no longer possessed. The big deal was the ability to self-custody without the involvement of any intermediary. Fully owned, censorship-resistant money. Interestingly enough, censorship resistance discussion seems to have died down in the wider crypto community. Given that most voices are from leading western countries, naturally, there is no sense of urgency. Most people residing in these countries have not experienced ..read more
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Navigating the Lightning ecosystem in 2022
Purse Blog
by Purse
1y ago
Many of you have heard of the Lightning Network, but how and where can you use it? This was my biggest question when I started, as there weren't many articles outlining the ecosystem in depth. I was pleasantly surprised to find a flourishing community building many exciting projects. This ranges from censorship-resistant social media applications and online merchants to even micro-tasking websites! Here is an outline of the various things you can do using Lightning. TL;DR, Projects mentioned: Zion, Stacker news, Sphinx chat, Breez, Fountain, Stakwork, Tippin.me, Purse, The Bolt card,&nb ..read more
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My First Time Using Lightning
Purse Blog
by Purse
1y ago
Whilst Bitcoins decentralized attributes and hard monetary policy are second to none, the most common critique has always been its inability to scale due to high congestion within the network. This results from Bitcoin’s simple design with small block sizes to remain decentralized, often causing slow transactions and high fees. For this reason, I was extremely proud that Purse will be integrating Lightning to alleviate these problems. Learning how to use this Layer 2 solution was fairly simple given my previous Bitcoin exposure. However, there are some confusing elements for a first ..read more
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