Bitcoin Board
More then 3 weeks ago, Overstock.com made big headlines for being the first Billion dollar online retailer to Accept Bitcoin as a payment method. They have since then processed more than $1 Million worth of Bitcoin payments, Which is a big slap in the face of their direct competitor Amazon.
That opens up the question: When will Amazon start accepting Bitcoin? As of now, they refuse to make any claims about accepting the digital currency, which is strange because they are usually on top of the game if it comes to customer care. These numbers don’t lie, and they must know that Overstock is stealing their market share in terms of Bitcoin payments.
Overstock’s CEO Patrick Byrne is a big believer of the digital currency himself, which explains why he made the step of accepting it on his own website. They even feature Bitcoin in their TV Advertisements aired all over basic cable tv (WGN). If Amazon aims to stay on top of the game, they will be forced to take Bitcoin in 2014.
It’s about time someone replaced Amazon as the top retailer, maybe Bitcoin can help with that.