“Overstock CEO Patrick Byrne said the scheme is expected to debut in approximately four weeks, although he did not commit to a definitive timeline. The program will not provide an instant discount on orders, but will instead give 1% of the total purchase value back to buyers to be applied to future purchases. Byrne did not provide further details of how the program would work, or whether it will be able to be used in conjunction with other company rewards schemes. The announcement comes as Overstock nears a total of $1m in sales paid for in bitcoin. Overstock began accepting bitcoin on 9th January – garnering $130,000 in total first-day spending.”
http://www.coindesk.com/overstock-launch-new-rewards-program-bitcoin-buyers/
Related posts:
Tillerson Blames Russia By Default For Alleged Syria Chemical Attack
Bailout Buffett: The Sage of Solar
Papers Please: TSA-Style Checkpoints at UK Bus & Train Stations
Loophole In Canadian Law: Bitcoin Businesses Aren’t Really Regulated
Ford Exec: 'We Know Everyone Who Breaks The Law' Thanks To GPS
Chinese Government-Backed TV Program Bashes Bitcoin
U.S. Regime Change in Syria in 1949 … and 1957, 1986, 1991 and 2011-Today
Bomb Syria, Get Cyber Attacked
What in Space Are We Doing?
Mark Zuckerberg Launches Political Campaign Group
Ohio Lawsuit Seeks To Use Court Precedent To Shut Down Speed Cameras
Cash is King
Highway Robbery, Cajun Style
Florida gov. delays execution for Attorney General Pam Bondi’s fundraiser
"The Kill Team"