“Overstock.com Inc., an online discount retailer, is preparing to accept the virtual currency bitcoin as payment in the second half of 2014, according to Chief Executive and Chairman Patrick Byrne. The news was first reported by the website newsBTC, and confirmed in a Thursday morning phone interview with Byrne. The project is in an early stage, with no decision yet on whether Overstock.com would work with bitcoin companies to allow bitcoin payments or create its own system. A team of six to 12 people is expected to work on bitcoin payments at the company, said Byrne.”
Related posts:
Obamacare 'fix' could add millions of dollars in government costs
New York fails Common Core tests; more states to follow
Indian in US? Your Account is Now Under Delhi Surveillance
Suit Goes To Bat For Future Taxpayers [1986]
In cash-strapped Detroit, few critics question new sports arena funding
Iraq finds extra billion barrels of oil
Don't Expect Bitcoin to Die Off Anytime Soon
Could China make or break bitcoin?
The People Making Real Money On Bitcoin
Official wants E-cigarettes covered in school rules
Shut up and take my bitcoins! A map of Bitcoin-friendly businesses
Houston-area officer indicted in death of teenager
Proposed U.S. law could be a Snowbird tax timebomb
To Make Sense of the Coins Act, Follow the Money
Medbox: Dawn of the Marijuana Vending Machine