
“This past week, online retailer Overstock.com became the most mainstream retailer to start accepting Bitcoin. On Twitter, the company’s CEO Patrick Byrne said the retailer saw $130K worth of Bitcoin orders on the first day. Byrne says he’s a Bitcoin believer, but until he has suppliers that accept Bitcoin, there’s no reason to hold onto them. He’d also be interested in participating in a Bitcoin derivatives market at some point in the future to hedge against volatility. He also said he believes Amazon will be forced to accept Bitcoin at some point, as he claims the market is growing at 30% per month and that the company would be foolish to cede that market to others.”
http://www.businessinsider.com/overstock-bitcoin-2014-1
Related posts:
Gold Demand In One Chart: Physical vs ETF
Centuries-Old Shipwreck Chock-Full Of Gold Found Off Finnish Coast
Trump doesn’t want ISIS “using our Internet”
"Anti-Government" Couple on Run With Children; Lost Custody After Pot Charge
Sen. Rubio ‘open’ to cutting off all Muslim student visas
Senator Patrick Leahy: ‘Our law is clear,’ U.S. must cut off aid to Egypt
Gold's Black Market?
Snowden’s new app turns any Android phone into a personal security system
Rep. Peter King: Punish journalists who report classified information
Dashcam catches cops in unbelievable lies in man’s false arrest
New lithium-ion battery design: 2,000 times more powerful, recharges 1,000 times faster
Feds Identify 300,000 Americans as Terrorists
The Best Jobs That Don't Require A College Degree
US Military and Civil Officials Set to Police in Canada
U.S. Gun Usage & Death Statistics