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Thursday, 12 March 2015

Four Types of Bitcoin Users on Coinbase

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We have seen several different types of bitcoin users emerge over the past few years, with many more likely on the horizon. The four main types of people using bitcoin on Coinbase today are:


People who want a cheap, fast, global online payment experience




Some people are frustrated with the user experiences offered by traditional consumer payment products. These people use bitcoin on Coinbase to send cheap, fast, global online payments because of the superior user experience we offer.


People who want access to a new suite of consumer payment applications




Some people want access to new consumer payment applications like micropayments, cross-border payments, and peer-to-peer lending. These people use bitcoin on Coinbase to access a new suite of payment applications that was not possible before Bitcoin.


People who want to connect to the global economy for the first time




Some people are currently excluded from the global economy. These people use the Coinbase Android and iOS applications because we allow anyone with an Internet connection to connect to the global economy.


People who believe bitcoin is an attractive investment




Some people believe in bitcoin and recognize the potential value appreciation of a scarce digital asset that is required to access an efficient, global payment network. These people use bitcoin on Coinbase because we offer the most secure way to buy, sell and store bitcoin.


To see what more bitcoin users are saying publicly, check out our Wall of Love. The bitcoin user base has evolved a lot over the past few years and we feel like its just getting started.






via The Coinbase Blog http://ift.tt/1CarLf7

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