“There is a large and growing list of internet based companies that do business in bitcoins. Earlier this year, bitcoin payment processor BitPay partnered with gift card company Gyft, which now accepts bitcoins for its mobile gift card products. So now, buy using these gift cards, you can use your bitcoins at large number of big companies that include names like Burger King and Nike. Interestingly, areas in Germany have many merchants that do business in bitcoins. Germany has now declared this virtual money as official ‘unit of account.’ Adding a bit more credibility to this virtual currency, the Winklevoss twins, of Facebook fame, are working on launching an ETF that will track the value of bitcoins.”
http://www.traderplanet.com/articles/view/164783-what-are-bitcoins-the-how-why-and-why-not/
Tip Freedomwat.ch Staff with Bitcoin