Confirmed by Overstock.com’s tweet, they now accept the digital currency – Bitcoin!
Founded in 1997, Overstock.com has grown tremendously over the years by selling of a verety of store’s over stocked items online. They boast revenues of over a billion dollars annually.
This is a huge shift in support for the Bitcoin protocol and with this type of news it only means good things for the value of bitcoin in the long run. With its frictionless transfer and inability to counterfeit, many other retailers have got their eye on bitcoin as well. Continue reading