Covering The Crazy
by Flip

At Bitcoin Magazine, we pride ourselves on serving the Bitcoin ecosystem as a historical ledger, a resource for keeping up with technical developments and a source of inspiration for the future. And there’s no more exciting (albeit terrifying to some degree) time to be alive than right now.

We’re collectively watching the world open its eyes to the cracks in the current financial systems we have in place.

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On This Day In Bitcoin

On March 25, 2013, Bitcoin Magazine's Vitalik Buterin reported that BitPay had processed over $2 million in payments that month, a new milestone for the firm.

"The company also reports that the rate of transactions is also accelerating, with 3,600 processed this month, and the total number of merchants that the company serves has now increased to over 4,000," Buterin wrote. "As a sign of Bitcoin's greater adoption, this news is very significant."

Read the full historical report here.