Grand Experiment Goes Live: Overstock.com Now Accepting Bitcoins

“Overstock’s free-thinking CEO and chairman, Patrick Byrne, has been telling anyone who would listen that his company would adopt bitcoin sometime in the next six months. But Byrne is an impatient man. Last Tuesday, the company struck a deal to handle bitcoin payments through a service operated by the suddenly hot San Francisco startup Coinbase, and since then, a team of Overstock engineers has worked almost every waking hour to prepare the site for what is undeniably a key moment in the digital currency’s short history.  ‘I felt I had tipped my hand,’ Byrne says. ‘I didn’t want someone else to beat us.'”

http://www.wired.com/business/2014/01/overstock-bitcoin-live/

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