Monstercat makes entire discography available to Bitcoin buyers
Decentralized digital currency Bitcoin is all the rage this month. Following its spike in value to an all-time high of more than $1,200 last week, everyone ranging from Virgin Galactic to a university in Cyprus wants a piece of the action. It was only a matter of time before Bitcoin made its way into dance music, and it’s no big surprise that it’s forward-thinking label Monstercat carrying the torch in support.
The eclectic dance label announced it would accept Bitcoin in exchange for its music, pricing each release at $4.99 (currently .00484 BTC) and the entire discography at $29.99 (currently .029089 BTC). We’ve seen artists like Gareth Emery and Knife Party take to Twitter to support the open source currency, but this marks the first time a significant label has actually taken the plunge. Fans of the music and/or the move can head here to put their Bitcoins to good use.
Still confused about what a Bitcoin is? Here’s a charming children’s story to bring you up to speed.