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Bitcoin @nmteaco

Update August 2021

Our shopping cart provider decided to end support for bitpay. If you are interested in purchasing tea with bitcoin, I can generate a gift card for you manually. Please email [email protected] with the amount you want to spend, and I will email you a link to pay and a gift card. Sorry for the inconvenience.

What is Bitcoin?

Bitcoin is a payment system invented by Satoshi Nakamoto in 2008. The system is peer-to-peer; users can transact directly without needing an intermediary. Transactions are verified by network nodes and recorded in a public distributed ledger called the blockchain.

The system works without a central repository or single administrator, which has led the US Treasury to categorize it as a decentralized virtual currency. Bitcoin is often described as the first decentralized digital currency, and is the largest of its kind in terms of total market value.

We Take Bitcoin Online

We accept bitcoins as a payment method on our website. You can use bitcoins just like a credit card here. Browse around and find what you would like to buy. When you get to the checkout page a bitcoin payment option will be available.

Bitpay is our processor; so when you click the "Complete With Bitpay" button you will be shown a Bitpay payment window. You can scan the QR code with your phone, or cut and paste the wallet address if you would like to send the bitcoins manually.

FAQ

What happens if there is a problem? Bitcoin transactions can not be disputed!

It's true that you cannot dispute a charge when paying with bitcoin, but we have been in business for 11 years, and are not in the habit of disappointing our customers. If there is any problems with your order, and a refund is what's required, we will send you back your bitcoins.

What do you do with the bitcoins you collect?

The bitcoin movement is great, and we want to support it the best way we can. Because of this our general policy is to hold onto bitcoins and try to pay for things related to our business with bitcoins. This is not always possible, and occasionally we do exchange some for USD.

Questions about Bitcoin?

We have been accepting bitcoins for about 7 years now. David the owner of NM Tea Co. knows quite a bit about the system now, if you have any questions about bitcoin, feel free to email us.