TORONTO, ON (January 22, 2014) – Bitcoin, a (relatively) new form of currency, is growing in popularity and now Toronto’s newest radio station is giving it away. Indie88 (CIND-FM) is inviting listeners to call in each morning (January 27-31) and answer the question, “What would you do with a Bitcoin?” At the end of the week, Indie88’s The Morning After with Brian, Matt and Candice will randomly select one entry to win one free Bitcoin (valued at up to $1,000.00 CAD)!
“I still don’t know what Bitcoins are but the internet told me I should get some.” says Brian, host of The Morning After with Brian, Matt and Candice. Co-host Candice says, “You get Bitcoins on Super Mario right? They give free life.” And Matt states, “It’s the world’s first sorcery-based currency.”
Bitcoin is actually a digital currency introduced in 2009. It is a cryptocurrency, so-called because it uses cryptography to control the creation and transfer of money. Users send payments by broadcasting digitally signed messages to the network. The value of a Bitcoin fluctuates frequently and has been anywhere between $250-$1,000 CAD in recent months. With some predicting that the value of one Bitcoin could top $10,000 by the end of 2014, this prize has the potential to grow exponentially over time – or become nearly worthless.
The contest is being conducted in partnership with Bitcoin Decentral, the home of Toronto’s first Bitcoin ATM, unveiled earlier this month at 64 Spadina Avenue (near King Street West). The winning Indie88 listener will also receive a one-on-one Bitcoin training session from Anthony Di Iorio of the Bitcoin Alliance of Canada at Bitcoin Decentral.
Complete contest details at Indie88.com.
ABOUT CENTRAL ONTARIO BROADCASTING/INDIE88
Founded in 1988, Central Ontario Broadcasting is an independent broadcasting company that owns and operates three radio stations: Indie88 in Toronto, Rock 95 and 107.5 Kool FM in Barrie. Indie88 (CIND-FM) officially launched on August 3rd as Canada’s first Indie station – Giving Great Music A Home. The station supports the musician behind the song and puts the audience first. Indie88 is committed to providing a platform for emerging Canadian artists and all their fans. To experience Indie88, tune in to 88.1 FM and Indie88.com.