Expedia Starts Accepting Bitcoin for Hotel Bookings

Expedia, the big online travel site, announced on Wednesday it will begin accepting bitcoin for hotel bookings through its website, becoming the first major travel-agency to take the digital currency. If the reception is good, the company said it expects to bring bitcoin to its other service lines as well.  Expedia, which is using Coinbase for bitcoin processing, won’t hold the digital currency it receives.  More than 60,000 retailers now accept Bitcoin world-wide, and it is attracting more venture-capital funding, which is running at a pace 30% higher than last year. Still the price continues to wildly fluctuate, but it remains well above the price it fetched at the beginning of 2013.”

http://blogs.wsj.com/moneybeat/2014/06/11/expedia-starts-accepting-bitcoin-for-hotel-bookings/

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