09 Jan '14, 6pm

The Grand Experiment Goes Live: Is Now Accepting Bitcoins

The Grand Experiment Goes Live: Is Now Accepting Bitcoins

Patrick Byrne, CEO and chairman of Overstock.com. Photo: Joe Pugliese/WIRED Overstock.com is now accepting payments in bitcoin, making it the first major online retailer to embrace the increasingly popular but controversial digital currency. Since December, 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.” ‘I felt I had ti...

Full article: http://www.wired.com/business/2014/01/overstock-bitcoin-l...

Tweets

We've partnered with Coinbase to become the first major retailer to accept #bitcoin. So shop away!

We've partnered with Coinbase to become the fir...

overstock.com 09 Jan '14, 9pm

1. Get Bitcoin There are several ways to get Bitcoins, but the easiest is to exchange them for currency at your bank or a ...

Is Now Officially Accepting Bitcoin

Is Now Officially Accepting Bitcoin

businessinsider.com 09 Jan '14, 7pm

Overstock.com unexpectedly announced today they had begun accepting Bitcoin. CEO Patrick Byrne had told us and others the ...

Pleased to announce that #Bitcoin is live at #O...

ow.ly 09 Jan '14, 7pm

Tweet a comment: (Note: This will post to your Twitter account as a reply to @Overstock) @Overstock… …http://ow.ly/i/4ffqW...

Major US retailer starts accepting Bitcoin paym...

telegraph.co.uk 10 Jan '14, 11am

It has been suggested that this could ultimately undercut Coinbase, due to the rapidly fluctuating value of Bitcoin. Howev...

Online Retailer Overstock Starts Accepting Bitcoin

Online Retailer Overstock Starts Accepting Bitcoin

mashable.com 10 Jan '14, 10am

Chalk up another win for cryptocurrencies: Online retailer Overstock has started accepting bitcoins as a form of payment. ...

WC-130 Hurricane Hunter "Photo" goes viral

WC-130 Hurricane Hunter "Photo" goes viral

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@coinbase and @Overstock announce largest #bitcoin merchant integration to date

@coinbase and @Overstock announce largest #bitc...

blog.coinbase.com 09 Jan '14, 7pm

We’re proud to announce a new partnership with Overstock.com , a leading discount online shopping retailer, which will mak...

TONX Coffee Now Accepting Starbucks Gift Cards

TONX Coffee Now Accepting Starbucks Gift Cards

sprudge.com 09 Jan '14, 7pm

Tonx Coffee , the LA-based specialty coffee subscription juggernaut, has just announced a radical new program , just in ti...

OVERSTOCK CEO: Here's Why We're Accepting Bitcoin - by @CNBC

OVERSTOCK CEO: Here's Why We're Accepting Bitco...

businessinsider.com 08 Jan '14, 3am

Overstock.com has become the first major online shopping retailer to commit to accepting the digital currency bitcoin as p...

Singapore issues tax guidance on Bitcoins

zdnet.com 09 Jan '14, 6am

The Inland Revenue Authority of Singapore (IRAS) has laid out tax advice regarding the purchase, sale, and exchange of Bit...

OVERSTOCK CEO: Amazon Will Be Forced To Start Accepting Bitcoin

OVERSTOCK CEO: Amazon Will Be Forced To Start A...

businessinsider.com 12 Jan '14, 4pm

This past week, online retailer Overstock.com became the most mainstream retailer to start accepting Bitcoin. On Twitter, ...

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