Considering the
gold rush around peer-to-peer currency Bitcoin, it's not surprising that one of the hackers at the Disrupt NY hackathon created an application around the currency.
Pay With Bits was to be a Square for Bitcoin. The startup essentially allows Bitcoins to be transfered between parties via their mobile phones.
Source: http://feedproxy.google.com/~r/Techcrunch/~3/FBAov8UKJwc/
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