Our big announcement last July had cryptocurrency enthusiasts buzzing: Murfie was (and still is) the largest music marketplace that accepts Bitcoin as payment.
Okay, so…why does this matter?
Bitcoin is a decentralized digital currency, so it isn’t tied to banks, gold, or specific countries at this point. If the benefit of that isn’t obvious to you, I’ll just say that it’s good to have options.
And the fact that Murfie accepts Bitcoin is huge! You can use Bitcoin to buy some things online, but it’s still catching on with retailers and consumers, slowly but surely. By accepting Bitcoin on Murfie, we’ve made hundreds of thousands of albums available to be bought using the digital currency, and we’ve opened the door for Bitcoin users to buy tons of music their preferred way. (We’re talking about a huge door opening, like a barn door. Or an airplane hangar.)
To buy Murfie credit using Bitcoin, visit the billing page in your account. Then, head over to our holiday gifts page and music marketplace and find something you like! Every CD you buy comes with unlimited 320kbps streaming, and downloads in mp3, aac, FLAC and Apple Lossless.
We’ve got bragging rights.
Murfie is the first music-only marketplace to accept Bitcoin, an open source, peer-to-peer digital currency. You can exchange Bitcoins for Murfie credit—which can then be used for any purchases on the site! Bitcoin is not managed by a central authority—it’s obtained via a selection of vendors and stored in digital wallets that can be downloaded to your computer or mobile device. Sources: bitcoin.org | en.wikipedia.org/wiki/Bitcoin
Bitcoin is perfect for Murfie! Murfie is all about accessing your music on your own terms, and we want our members to buy music on their own terms, with a payment method that works for them: credit card, Murfie credit from sales, PayPal, or Bitcoin.
You can find the Bitcoin option by checking out the Billing page of your account. Enter in the desired amount of Murfie credit that you would like to buy, and Bitpay will safely process the exchange.
Hooray for cryptocurrency and buying music your way! Check out our press release in the Wall Street Journal for more info.