Jon Matonis - What's Your Bitcoin Strategy?

bitcoinnews:

Forbes contributor and Bitcoin Foundation board member Jon Matonis (@JonMatonis) wrote a post on the announcement that WordPress now accepts bitcoin payments.  Excerpts:

“Leading web publishing service WordPress.com announced that they will begin accepting the nonpolitical cryptographic money Bitcoin as a payment method for various upgrades.”
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“WordPress spokesperson Andy Skelton said, ‘Unlike credit cards and PayPal, Bitcoin has no central authority and no way to lock entire countries out of the network. Merchants who accept Bitcoin payments can do business with anyone.’ And thus the planet becomes immediately open to their products and services.”
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”’[Credit cards and PayPal are] unusable for those bloggers [under restrictive regimes] because they expose the payer’s physical identity.’ With user-defined anonymity and identity privacy, bitcoin offers unparalleled safety to dissident bloggers and free speech advocates.”
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“WordPress may not stand as the lone giant for very long since Reddit CEO Yishan Wong hinted last week at the social news site’s willingness to begin transacting in Bitcoin for Reddit Gold subscriptions.”
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“[Considering this move by WordPress, other] merchants will increasingly be asked: ‘What’s your Bitcoin strategy?’”

 - http://onforb.es/Xgv0Nv
 - http://bitcointalk.org/index.php?topic=124482.0 (Further discussion of this WordPress development)

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