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Bitcoin is also a great fit for casino sites if you just want to deposit a small amount to take advantage of bonus offers when trying out a new servicefrom your favorite site. The low fees make it the perfect option for people looking to just jump into their favorite casino immediately, making it another great option that makes using Bitcoin more accessible.
The Bitcoin ATM has been successfully used in several establishments across the U.S.
But there is more to Bitcoin than just the Bitcoin-for-Visa-card type of conversion.
There's another option that has popped up recently that doesn't involve an ATM or cash register that involves bitcoin.
In fact, for some time there has been a simple method to pay in Bitcoin using a digital currency payment gateway, such as Google Wallet, which simply allows the user to pay in the currency of their choice without converting it first with their bank's correspondent bank.
Using the Google Wallet, I loaded a tiny amount of bitcoins into my Google Wallet account and used the Bitcoin transaction confirmation page.
Upon selecting my sending address, it shows me the amount, the receiver's public Bitcoin address, and the confirmation code.
Google Wallet works by providing you with a public address that anyone can send Bitcoin to, and then allowing you to send the money to that specific email address.
Once accepted, the funds are transferred to the receiver's inbox.
If I'd sent the funds to my friend's bitcoin-for-Visa-card address, I wouldn't have had to convert one of the currency's major currencies – U.S. dollars (in this case, Bitcoin), Canadian dollars, and Mexican pesos.
I would've just sent a transaction confirmation, like I would if I sold something.
I still wouldn't have had to wait for the conversion to finish in my bank, but the processing time is always faster when there are no transactions on the ledger.
But there's another use case where the Google Wallet service has some value. And that's using Bitcoin to pay for goods and services online at retailers.
Using Google Wallet for this purpose allows you to purchase any product via Bitcoin.
The same service offered to me by Google allows you to buy any product on any retail site that accepts Visa, Mastercard or American Express.
When I did so using Google Wallet, I received a prompt to enter my credit card information.
To check out the payment page, I type in my credit card number and last four of my six digit security code.
If it's a valid account, the checkout page shows me that payment has been
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