Bitcoin alternatives

Bitcoin
Open source P2P money. Bitcoin uses peer-to-peer technology to operate with no central authority or banks; managing transactions and the issuing of bitcoins is carried out collectively by the network. Bitcoin is open-source; its design is public, nobody owns or controls Bitcoin and everyone can take part. Through many of its unique properties, Bitcoin allows exciting uses that could not be covered by any previous payment system.
Bitcoin alternatives are:
PayPal, Google Wallet
Here are the latest news about Bitcoin:

2014 Microsoft begins accepting Bitcoin in the Windows Store


Microsoft is now accepting Bitcoin for buying games and other digital content on its Windows, Windows Phone and Xbox platforms, and is working with payments firm Bitpay to make this happen. There are some caveats to note, however. Customers can use bitcoin to load money into a Microsoft wallet or to create digital gift cards, but direct payments with the cryptocurrency are not supported at this time. Finally, bitcoin payments appear to be limited to customers in the U.S. Microsoft is traditionally considered to be a slow moving giant with one foot stuck in the past. Accepting Bitcoin doesn’t directly correlate to its recent (and somewhat surprising) moves to make its core services like Office available on rival platforms and using premium pricing models, but the fact that it is ready to embrace an upcoming technology before many of its rivals is a sign that Microsoft’s ethos may have modernized.



2014 PayPal allows merchants selling digital goods to accept Bitcoin


Earlier this month PayPal announced that its subsidiary unit, Braintree, will accept bitcoin via integration with Coinbase. And today PayPal is dipping its toes even more into the world of bitcoin. PayPal has entered into agreements with leading Bitcoin payment processors BitPay, Coinbase and GoCoin. Starting today, these agreements let PayPal digital goods merchants accept Bitcoin with a simple integration through the PayPal Payments Hub. This will be available to merchants in North America first. Though users still won’t be able to start stashing their bitcoin in their PayPal accounts, the news had an immediate impact on Bitcoin price - it now stands at around $450 - up more than 10%.



2014 Visa Exec: we could support Bitcoin payments


Visa CEO Charlie Scharf said that while the company is not currently responding to developments in the bitcoin space, it could be well positioned to do so in the future, should circumstances require. Here is what Scharf told Scharf told: "Visa is not a currency, it’s a network. We can process real or virtual currencies to the extent that it makes sense. So, [facilitating bitcoin payments] is possible but we are not thinking about it today". Scharf further explained that Visa has no interest in creating a Visa-branded digital currency, as has been suggested of some of its competitors who have sought to secure digital currency-related patent filings.



2014 BitPay makes bitcoin payment processing free


BitPay, the pioneer in BitCoin payment processing is dropping the 1 percent transaction fee on all starter plans. That means merchants who sign up for the starter plan get access to the BitPay API, app and plugins for free, with no transaction costs and no limit on how many (or the amount) of transactions on the plan. The paid plans include things like 24/7 phone support, personal account managers and Quickbooks integration. BitPay's main rival, Coinbase, that processes payments for companies like Expedia and Dell, has a different pricing plan. It charges a one percent fee to cash out bitcoin to a bank account, but only after the first $1,000,000 in sales.



2014 Dell becomes the largest company that accepts Bitcoin


PC maker Dell is to begin accepting payments via Bitcoin for products purchased on its website. Moreover, there would be a 10 per cent discount on certain products if purchased with the cryptocurrency. Coinbase, one of the major bitcoin payments processors, landed the business. Customers who chose bitcoin as their payment method when on Dell’s website will be sent over to Coinbase’s site to complete the purchase, a fairly common procedure. For bitcoin, it’s one of the biggest signs yet of mainstream acceptance. With nearly $57 billion in sales in 2013, Dell would be by far the largest company to take bitcoin.