Online Retail Giant Overstock Now Accepts major Cryptocurrencies as Payment

in #bitcoin7 years ago

Ether, Litecoin and More: Overstock Now Accepts Cryptocurrencies as Payment

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Online retail giant Overstock has partnered with blockchain startup ShapeShift to accept more than 60 cryptocurrencies as payment at its online stores.

With the announcement, Overstock.com shoppers can now use ether, litecoin, dash and bitcoin cash at checkout, a move that follows Overstock's early embrace of bitcoin as a payment method. Overstock first began accepting bitcoin for payment in 2014, and it has remained active in developing the technology, even launching a dedicated subsidiary to focus on applications.

"Overstock is pro-freedom, including the freedom of individuals to communicate information about value and scarcity without relying on a medium created through the fiat of unaccountable government mandarins."

  • Patrick Byrne CEO Overstock

Credits - Coindesk

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