Overstock.com to Accept Bitcoin

Overstock.com to Accept Bitcoin

Patrick Byrne, CEO of Overstock.com has announced that Overstock.com will begin accepting Bitcoin during Q2 2014. They are the first ecommerce company of this scale in the US to begin accepting Bitcoin, and adds legitimacy to the value of the currency. “Bitcoin is good money” Byrne stated. “It will put [Overstock] at a competitive edge if, and only if, the general population starts thinking and using bitcoin,” he said. “We’re willing to take the first step and see.” Overstock.com is an online discount retailer that sells a broad range of products including furniture, rugs, bedding, electronics, clothing, jewelry, and cars. Read more here: http://newsbtc.com/2013/12/19/overstock-com-begin-accepting-bitcoin-2nd-half-2014/

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s