Takes on eBay and Craigslist With Local Bitcoin Classifieds

A New York startup wants to take on Craigslist and eBay for local trading, encouraging its buyers and sellers to use bitcoin as much as possible. has chosen to focus on the hyper-local market, its interface directing users towards deals in their own neighborhoods first. It will also provide an escrow service for more trustworthy payments and promises full refunds to buyers who change their minds. To promote its bitcoin-focused approach, the company is launching its beta service with a ‘Bitcoin Picnic‘ in New York City’s Union Square for seven hours on Saturday...

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