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International Tea Farmers Market Launches Litecoin Payment Processor - Now Accepting Litecoin for Farm-Direct, Loose Leaf Tea
Aloha Litecoin Community! My name is Elyse and I am the Founder of the company Tealet, an online farmers market for tea. I love cryptocurrency and it has become a large part of our growing business. In September 2013 we integrated Coinbase payments with great success and have even started to set up our growers to accept Bitcoin as payment for their tea, saving them tens of thousands of dollars a year in foreign exchange, bank and Paypal fees. Today we announce that we are now accepting Litecoin payments! I have not been alone in building this project, I am very grateful for the smart and dedicated cryptocurrency friends in my life. First off, our developer Cody Moniz is an absolute genius and was the one responsible for encouraging me to even consider cryptocurrency. In addition, Warren Togami, lead developer of Litecoin, is an old friend and ex-classmate that helped us navigate the process of building our own Litecoin payment processor. Tealet is also excited to announce that we are developer sponsors of the Litecoin project. Our first show of support is the inclusion of free Litecoin keychains in the first boxes we sell with Litecoin! We are strong supporters of Bitcoin and Litecoin and understand our important role as a merchant. Your purchase with Litecoin or Bitcoin not only supports our business and growers (our growers are paid at least 3 times more than traditional global distribution channels), it also supports the foundation and growth of the cryptocurrency that you love so much. A portion of all sales in Litecoin will be donated to the Litecoin Development Project. To celebrate the launch of our Litecoin payment processor we are offering 30% off our Litecoin Tea Box which includes four 15-gram samples of tea and a free litecoin keychain (keychains will be available for the first 150 customers). Teas in this box were produced by independent tea growers in India and Japan. Finally, if you are a merchant interested in learning more about how cryptocurrency can help your business please do not hesitate to reach out to me directly at elyse [at] tealet [dot] com with your questions. I encourage all businesses to seriously evaluate cryptocurrency not as an investment opportunity but as a payment tool that can help you run a more efficient international business. Additional Links: Tealet Litecoin Payment Processor Launch Press ReleaseTealet Bitcoin Payments
Tealet - Farm-Direct Tea Marketplace now accepts Bitcoin
My Hawaii-based tea company Tealet is on a mission to cut out the inefficiencies in the global tea distribution system; securing more profits for the producer and better quality tea for the consumer. We are now accepting Bitcoin as payment for our farm-direct tea so we can cut out some of the inefficiencies of our global financial systems. We passionately believe that society can all make wiser consumption decisions if we are better connected with producers and can interact on a transparent platform. Our network of growers includes 20 farmers from 9 different countries. They are producing an array of loose-leaf tea coming from a single origin, preserving the unique terroir of every farm. We look forward to the future when we can apply Bitcoin to our international business and save our growers from even more financial inefficiencies. We hope you will join us on an exploration around the world through tea. Develop into a tea connoisseur through our popular bi-monthly Global Tea Taster subscription. Be one of the first to complete payment with Bitcoin to receive a FREE sample of Hawaii Grown Tea. Buy farm-direct tea with Bitcoin now.
It's Time to Let Everyone in on Litecoin's Biggest Secret
Fellow Consumers, It's possible that you might be getting a little upset at the current BTC fees. Please assist me in sending, or editing as you see fit, this drafted outline and email to whichever business you feel would benefit from using Litecoin instead. Or you can make a video, or tweet the link, or 100 other things. Just help in bringing attention to Litecoin in BTC's mempool time of need. It's time they learned Litecoin's biggest secret .... It’s THE BEST payment method out there. Also, please support businesses that currently accept Litecoin. I've put together a list below the draft. ........................................................................................................................................ BEGIN EMAIL DRAFT To whom it may concern, Has your company ever considered receiving the alternative payment currency Litecoin? To begin, you may already be accepting bitcoin and Litecoin is very similar to bitcoin. If you're unfamiliar with bitcoin as a currency then Litecoin is a great place to start. They are even built from the same Core coding. A benefit to Litecoin is that it has a 2.5 minute block time instead of bitcoin's 10 minutes. This makes Litecoin's transaction speed four times faster and much less expensive than bitcoin. In layman's terms, this just means payment is confirmed faster and less expensively with Litecoin. For reference - you can see the average fee of both bitcoin and Litecoin in US Dollars compared here: https://bitinfocharts.com/comparison/transactionfees-btc-ltc.html#1y This chart shows the average fee for Litecoin is staying around 10 to 20 cents, and bitcoin bouncing between a low of $1.50 and $8.00 recently. This means you would pay less in fees to convert the same total value into fiat or USD in this case. If you were to compare this to the average credit card transaction fees, of say 2.5%, any transaction over $5.00 would be more profitable through Litecoin. Reference of fees found here: https://www.cardfellow.com/average-fees-for-credit-card-processing/#Typical If you've heard of Litecoin, I'm sure you have heard the saying "Litecoin is the silver to bitcoin's gold." But really, Litecoin should really be considered Platinum instead of silver. Platinum is stronger, more durable, and much more ductile. Over 20% of all consumer goods either contain platinum or are produced using platinum. Platinum is truly an enduring metal just as Litecoin is truly an enduring cryptocurrency. It will be 6 years old this October, bitcoin is 8 years old. A few facts that demonstrate Litecoin's strength, durability, and ductility are listed below:
Litecoin has a large economy and your current bitcoin technology should work on Litecoin with very little changes. If you don't use bitcoin, it is still easy to implement.
Litecoin has the best combination of economic size and technical similarity to bitcoin than any other cryptocurrencies.
Litecoin is capable of eight times as many transactions as bitcoin in a ten minute period.
Litecoin has much faster confirmation times with blocks that are not full.
Litecoin has proven its longevity compared to many other cryptocurrencies that have come and gone.
Also, if changes ever need to be made to Litecoin, it doesn't take years to implement them. Litecoin implemented Segregated Witness before bitcoin, and will most likely run on the lightning network before bitcoin as well. If you don't deal with bitcoin, this all just means Litecoin is a front runner in implementing new technology and features.
Litecoin is a limited supply coin, launched fairly, with no coins premined (no developer is hiding a majority somewhere), nor has it ever hard forked for any special interest groups. It is decentralized and no one person or group controls what happens to it and no one person or group can manipulate the market.
Whole Litecoins are much more affordable than whole bitcoins. This helps eliminate some psychological barriers to entering the market.
In conclusion: If your company was to accept Litecoin, I would be happy to start conducting my business with you. If your company accepts bitcoin payments but not Litecoin, I hope I have helped shed some light on the benefits Litecoin could bring to your business. If your business does not accept bitcoin payments, I hope I have introduced you to an alternative payment option that a large number of people transact with everyday who would love to add you to their list of merchants accepting Litecoin. It really is the currency of the future. If you have any questions about Litecoin or need help in possibly implementing Litecoin into your business, please let us know. There are many of us here excited to help you transition into accepting Litecoin or to help you further and answer any questions you may have. We can be found here: [email protected] [email protected] https://www.reddit.com/Litecoin https://twitter.com/LitecoinCA http://litecoinalliance.org/ https://twitter.com/ltcfoundation https://twitter.com/litecoinsupport A few options of the easiest ways to implement Litecoin payments currently are:
I am a bitcoin merchant and my company just paid its first Bitcoin invoice
I started accepting Bitcoin via Coinbase on my website in September 2013. Our monthly portion of revenue in Bitcoin has been anywhere between 40-80%. We recently launched our own Litecoin payment processor. I began searching for solutions for international payments as my business works directly with independent farmers to market their products to consumers. My bank charges me $60 per wire and Paypal takes about 10% fees for foreign exchange/processing. This is 100's of thousands of dollars just going down the toilet every year. In November 2013 I began educating the growers in our network about Bitcoin. The response has been great and many are ready to accept payment in Bitcoin as long as we help them get it exchanged to their local currency. I have found a service out of Denmark which I have not used yet called BIPS.ME which exchanges Bitcoin to a long list of currencies for a 0% fee and charges a flat $7.50 wire fee to move the funds to a bank account. This so far has presented itself as the most feasible solution for my company. I would appreciate some feedback from people that have used this service. When we first started accepting Bitcoin as payment we converted 100% to USD. Now I maintain a minimum account of 2 BTC so I can use for payments to growers and for invoices from vendors. Today I paid my first invoice with BTC and I am so stoked. We are quickly getting on a path where our business can be predominately supported by Bitcoin and further strengthen the Bitcoin network. Finally, I would like to say thank you to the Bitcoin community. There have been so many helpful individuals that have navigated this path. Also, we couldn't do it without the tea loving customers that have used their Bitcoin to support bringing transparency to the tea industry!
TIL Coinbase merchants can set a default discount for bitcoin orders. I'm passing on 3% savings to my customers now and I hope many more merchants follow
I run a farmer's market for tea and have been accepting BTC since September 2013. It now makes up on average 40% of our monthly sales. We have saved a boat load in credit card transaction fees and my team has been thinking about ways that we can provide transparency on these savings and encourage more people to pay with BTC by passing on the savings. Today I saw in the merchant settings of Coinbase that we can set discounts for BTC orders, score! I now see that this was announced in mid-June so I know it may not be news for this community. We are now taking 3% off all orders made with BTC. In addition we offer 30% off all our tea subscriptions for the Bitcoin community and have a special Bitcoin Teabox which includes a Bitcoin keychain. If you are a Bitcoin Merchant and have seen success with it I recommend that you consider passing on the savings to the Bitcoin community as well. Thank you to Coinbase for making this even easier.
Download the Bitcoin Wallet by Bitcoin.com. A simple, secure way to send and receive Bitcoin. Available for iOS, Android, Mac, Windows, and Linux. Supports Bitcoin Cash (BCH) and Bitcoin (BTC). Happy Bitcoin Holidays! Celebrate Growth - Buy Holiday Gifts & Tea with BTC - 25% OFF + 30% OFF We Demand a Fair and Transparent World! Did you know tea growers only see 15% margins on tea they sell through the current global distribution system? Our mission is to cut out the middlemen and ensure the growers sees at least 60% margins. Bitcoin Wallet oder 'Schildbach Wallet' war die erste mobile Bitcoin-Wallet. Bitcoin Wallet ist sicherer als die meisten anderen Bitcoin-Wallets, weil sie einen direkt mit dem Bitcoin-Netzwerk verbindet. Bitcoin Wallet hat ein simples Interface und genau die richtige Menge an Funktionen, die sie zu einer großartigen Wallet und einem großartigen Lernhilfsmittel für Bitcoin-Anfänger macht. Ein Bitcoin Wallet ist das Portemonnaie der Bitcoinwelt und nimmt dort eine zentrale Rolle ein. Ohne Bitcoin Wallets ist der Handel mit der Kryptowährung nicht möglich. Ähnlich wie die Geldbörse in deiner Tasche der Aufbewahrungsort für Scheine und Münzen ist, dient ein Bitcoin Wallet als digitaler Verwahrungsort für deine Bitcoins. Die Bitcoin Wallet lässt sich mit einer echten Geldbörse vergleichen. Sie legen sich eine oder mehrere Geldbörsen zu, um in diesen Ihr Geld zu verstauen. Möchten Sie Geld ausgeben, zum Beispiel beim Kauf einer Ware, entnehmen Sie das Geld aus Ihrer Börse und reichen es weiter. So ist auch das Grundprinzip bei der Bitcoin Wallet. Bitcoin ist eine digitale Währung. Es gibt keinen ...
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