At what time did Overstock start accepting Bitcoin as a payment method?
Tushar BorseDec 17, 2021 · 3 years ago3 answers
Can you provide the exact date and time when Overstock began accepting Bitcoin as a payment method? I'm curious to know when this major retailer embraced the world of cryptocurrency.
3 answers
- Dec 17, 2021 · 3 years agoOverstock started accepting Bitcoin as a payment method on January 9, 2014, at 12:00 PM EST. This move was seen as a significant milestone in the adoption of Bitcoin as a mainstream payment option. It opened up new possibilities for Bitcoin holders to use their digital currency for everyday purchases.
- Dec 17, 2021 · 3 years agoBelieve it or not, Overstock began accepting Bitcoin as a payment method on January 9, 2014. It was a game-changer for the cryptocurrency community, as it marked one of the first instances of a major retailer embracing Bitcoin. This move helped to legitimize Bitcoin as a viable payment option and paved the way for other companies to follow suit.
- Dec 17, 2021 · 3 years agoAccording to my research, Overstock started accepting Bitcoin as a payment method on January 9, 2014. This decision was a strategic move by the company to tap into the growing cryptocurrency market. By accepting Bitcoin, Overstock aimed to attract tech-savvy customers who were early adopters of digital currencies. It was a bold move that paid off, as it generated significant publicity and brought in a new customer base for the company.
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