MonsterMegs is proud to announce that we are now accepting Bitcoins as a new payment method within our hosting services, including our Web Hosting, Reseller Hosting, and our Semi-Dedicated Hosting packages.
Bitcoins will increase our customer base for those who may be blocked from using credit cards or PayPal in certain countries. PayPal alone is known to block access from 60 countries throughout the world, leaving these countries with minimal options on payment methods. Bitcoin has no central authority and no way to lock entire countries out of the network, so accepting Bitcoin payments allows us to do business with anyone, regardless of where they are in the world
Bitcoin is a decentralised digital currency and the most widely used alternate currency in the world. Bitcoins are not tied to any exchange rate and are exchanged between users on a peer-to-peer network which regulates Bitcoins’ balances, transactions and issuance according to consensus in network software.
