Platform enables passers-by to tip buskers with Bitcoin

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The rise of digital piracy — and to some extent, streaming services such as Spotify — has hit musicians extremely hard. We've already seen efforts to help fight back with innovative payment systems to reward artist directly, and now we've come across a new startup built around the idea of "tipping". Cheers enables users to tip any musician or band in the world with the virtual currency Bitcoin. Listeners must first open the app and use it to identify the artist or song they are listening to. They can then select how much to tip in Bitcoin, from $0.20 to…

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