
“An online travel agency in Los Angeles and a European private university have begun accepting payments in the popular virtual currency known as Bitcoin, a sign that businesses are moving into a new global economic era. CheapAir.com, an online travel agency based in Los Angeles, began taking the virtual currency Thursday for the purchase of flights, and University of Nicosia in the capital of Cyprus began accepting tuition payments in Bitcoin. ‘I’m excited about it,’ says CheapAir.com CEO Jeff Klee. ‘I’m anxious to see how popular it becomes as we get the word out. We expect people to come to us specially because they can use Bitcoin.'”
http://www.usatoday.com/story/news/nation/2013/11/21/businesses-embrace-bitcoin/3666279/
Related posts:
The market's biggest driver: company stock buybacks
Long Beach police caught on camera beating suspect with baton
Australia to Fly Guns and Ammunition Into Iraq
Costly Iraq war left U.S. no stronger in Middle East
Solar power to trump shale, helped by US military
Officer admits she didn’t write down ‘snowball’ in weapons charge
U.S. missed ‘red flags’ about gunman
Hungary receives 422,000 applications under new citizenship-by-descent program
Judge Napolitano on Obama's Drone Strike Policy: 'This Is the Power Claimed by Kings and Tyrants'
Yahoo buys mobile newsreader app Summly from 17-year-old London kid for a seven-figure sum
China Opens New Front in Currency War as Yuan Speculation Distorts Export Data
Military judge orders government to stop censoring 9/11 hearings
Jim Rogers: Get Ready for Cheap Money 'Run Amok'
Journalist beaten to death, encased in concrete for $100K in Magic cards
Maryland 'rain tax' to be enforced through satellite surveillance?