YesToBitcoins.com is a brand new website that is similar to Gyft.com, as they sell gift cards for all the most popular online stores in the world through Bitcoin payments. The idea is to be able to use Bitcoins more widely than it's possible now and thus increase the user-friendliness for the cryptocurrency.
“The idea came from asking, why can’t I use bitcoin to purchase something from my favorite stores,” Darwin Ramon, Creator of YesToBitcoins.com in a press release. “The technology is already here, so why do I have to wait until the big brands catch up?”
The site is going live today and will allow for users to buy fiat money gift cards using Bitcoins, from brands like Apple, Zara, Starbucks and many other of the biggest brands in the world. It is completely anonymous to buy and pay on YesToBitcoins and all transactions are more or less instant.
"If bitcoins can be spent, bitcoins are useful," Ramon said. "It is my goal to facilitate the inclusion of bitcoins in the established economy,". If he will be able to succeed with this time will tell, but it is positive news that more and more companies are getting into Bitcoins as a payment method, as it will show other businesses that it is possible to create revenue and save money on transactions.
YesToBitcoins accepts Bitcoin payments in partnership with BitPay.com, which is one of the world's leading Bitcoin payment system companies. The Bitcoins will be converted into fiat money at the exact rate that customers purchase for, allowing the company to not lose any funds should there be volatility in the Bitcoin's price.