Blog Archives

Bitcoin bummer: WalMart drops Gyft

Posted on 15th April, 2014

Only last month, bitcoin-friendly mobile gift-card app Gyft announced a major coup: Retail giant WalMart had joined their program. In a matter of seconds, users could convert their bitcoin stockpiles into real-world goods, completely sidestepping the need to convert funds to local currency. Not surprisingly, the move was hailed as a milestone in bitcoin history. […]

Walmart now indirectly accepting bitcoin via Gyft

Posted on 25th March, 2014

Mobile gift-card app provider Gyft had pulled something of a retail-store coup, officially adding retail giant Walmart to its merchant list. This slightly indirect buying method means that bitcoin-bearing shoppers can use their cryptocurrency at all Walmart and Sam’s Club locations in the U.S. (roughly 5,000 locations), although it is not clear if the cards […]