Bitcoin is often written about but still most people have had no contact with it. A new online store BitcoinShop.US that just launched may finally start to change that. The store boasts 400 categories, among which are smartphones and accessories.
All phones – 202 at the time of this writing – are sold unlocked. Most of them seem to be from Sony and BLU, with a few Samsung, LG and HTC models.
If you’re one of the lucky people who have recently uncovered their long forgotten bitcoin wallets with coins bought on the cheap, this shop is a way to buy a shiny new Samsung Galaxy S4 for under a dollar.
If you haven’t bought or mined bitcoins though, the shop just makes things difficult. Bitcoin is very volatile – it was $200 recently, then jumped to $400 and for a short stint was $900, but is now dropping again.
So most phones cost 1 bitcoin or so, but that could have vastly different dollar values. This could be good or bad for the savvy buyer, but be careful – an 8GB Samsung Galaxy S (yes, the original) goes for almost as much as a Sony Xperia Z and the Xperia S costs as much as a Galaxy S4.
Anyway, if you’re one of those that bought thousands of bitcoins for 10 bucks, this store might be worthwhile as cashing out from bitcoins to dollars is a hassle. There’s free shipping for the continental US too.
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