More proof that Bitcoin is here to stay: following Microsoft, Dell, and Time Inc, Jewelry eRetailer iDIAMONDS launches pay by Bitcoin option for high quality diamonds and diamond Jewelry with Free FedEx shipping.
After U.S sales hit $1.7 Billion mark in 2013, there is no doubt that buying diamonds with online eRetailers is more than just a way to save a few dollars. However, while ecommerce is finally acknowledged as a key growth engine, the diamond industry as a whole remains old-fashioned when it comes down to keeping up with how consumers shop. While there are dozens of diamond eRetailers, Bitcoin is still considered unknown waters in the world of jewelry.
Understanding the opportunity, established eRetailer iDIAMONDS.com will now allow purchase of all diamonds and diamond jewelry using Bitcoin in partnership with Bitcoin payment gateway BitPay.
According to iDIAMONDS CEO Dan Gildoni, exchanging Bitcoin for diamonds is an excellent choice for Bitcoin investors and here is why:
“First, as the famous quote says: “Diamonds Are Forever.” They traditionally increase in value, are a stable product, and are a sought after commodity in their own right.” Says iDIAMONDS CEO Dan Gildoni.
Second, iDIAMONDS research found that the main difficulties consumers find with the current diamond retail marketplace is the over-whelming selection and available information. Diamond education alone is covered by over 1,000,000 pages online. To address the consumer problem Dan Gildoni, co-founded iDIAMONDS with one simple goal: make it easier to purchase diamonds and diamond jewelry. In line with this mission, he decided to accept Bitcoin.
In 2014 Bitcoin adoption worldwide has been increasing exponentially; with Microsoft, Greenpeace, Newegg, Overstock, Dell, Wikipedia. Mozilla and many more household names accepting payment in Bitcoin along with tens of thousands of other businesses across the globe.
Currently, Bitcoin owners are forced to rely on online exchanges and ATM machines available only at limited individual locations. The traditional brick and mortar stores, the names that consumers know, are again slow to adopt.
By offering Bitcoin enthusiasts and Bitcoin investors a stable and trusted commodity to exchange their Bitcoin into, iDIAMONDS aspires to further push the eCommerce revolution. For men who are looking for the perfect gift for their spouses using Bitcoin, iDIAMONDS is the place to go.
About iDIAMONDS
Established in 2013 and with corporate office in New York City’s World Diamond Tower, iDIAMONDS eCommerce business model allows the company to cut costs and focus solely on providing the best quality and service, while keeping prices drastically lower than those found in retail stores.
Quick to adopt emerging trends in eCommerce and technology, iDIAMONDS is proud to now accept Bitcoin as a payment method for all carats, diamonds and diamond Jewelry with Free FedEx shipping.
To learn more please go to: www.idiamonds.com
