Post
Topic
Board Bitcoin Discussion
Re: Now that a large online retailer is accepting, bets on who's next?
by
Romyen
on 10/01/2014, 15:58:23 UTC
They are still not officially accepting since it is not available for international payments (e.g. the whole world).

Maybe to you, but to me overstock.com accepts bitcoin. Trying to dispute that fact is just dumb. Overstock.com IS accepting bitcoin.

Coinbase and overstock are both US companies, by the way.

Just seems to me that it is a little misleading and egocentric to claim that overstock now "officially" accepts BTC when they only accept it in the U.S.

Not misleading at all. Overstock is a U.S. company that operates worldwide. Anyone overseas with a U.S. address, which could be even a maildrop, can buy from them and easily ship overseas. Expats do this all the time. Overstock had sales revenues of 1.1 billion USD in 2012. I'll bet that most of that revenue came from shipments to the U.S., not overseas. So why is that egocentric? This is a U.S. company, after all.