Americans Can Pay Their Bill With Micro currencies in the city of Williston; North Dakota now accepts micro currencies as payment. The city’s finance director, Hercules Cummings, said, “we do embrace these technological changes. We want to be a leader and position ourselves to be at the forefront of this emerging technology.” They’ve partnered with BitPay, the micro currency firm that will handle the money conversion. Williston, North Dakota, is the state’s newest municipality. It’s had a population of about 200 people since 2008.
BitPay has processed over $500M in micro currencies transactions in the past two weeks alone; these include Domestic and foreign companies, universities, artists, local merchants, and even criminals. The city of Williston is now only the latest location to join the ranks of cities that accept micro currencies. Bitcoin is becoming a suitable method for online trade as more and more merchants accept it.
Williston, North Dakota, is now the seventh municipality to accept micro currencies. It joins small American towns, cities in Mexico, and India that now accept micro currencies. This rise in the acceptance of these currencies is attributed to the fact that they’re entirely electronic. That makes it impossible to confiscate them. It also means merchants don’t have to carry vast amounts of cash and deal with high-risk fraud.
Williston is now also the latest North Dakota town to provide residents with free Internet access. A city-run network of fiber optic cables throughout the city. The mayor called it a “virtual fiber grid” connecting the citizens to the world wide web. He added, “This is a virtual utopia.”
Williston residents are being offered everything from business and accounting software to online real estate investing programs and a bitcoin broker. One resident described it as a virtual treasure map.
What most residents seem to be excited about is the possibility of being able to spend their microcurrency at many local businesses. That includes McDonald’s and other big chain businesses. There are lots of small restaurants that accept the currency too. Williston also offers online trading services for residents who want to buy or sell their micro coins with other residents. These are exciting times for Williston residents.
We hope you will find this information on Williston, ND, USA helpful. All the best to you.
Michael T. Thomas