One of the most often heard complaints regarding Bitcoin is the fact we can not use it enough for everyday things. For example, when it comes to paying your weekly or monthly bills, there is no option of doing so in Bitcoin directly. That being said, several companies in Europe – and now also Australia – are working towards achieving that goal.
Paying Bills in Bitcoin Around the World
When it comes to paying bills with Bitcoin, there are several ways to go about it. The most obvious choice comes in the form of selling your Bitcoin through an exchange, having the funds deposited into your bank account and then using that money to pay your bills. However, this is a rather tedious process and people would rather just use a service to pay these bills.
In Europe, there are two companies offering such a service at this time. On the one hand, there is BitBill, a service run by Bitcoin enthusiasts based in The Netherlands. In order to use BitBill, you will need some Bitcoins, the IBAN code for the recipient, and his/her BIC code. Using the BitBill service comes at a