Overstock.com processed $124,000 in Bitcoin transactions in their first 24 hours accepting the currency. It is a small amount of money at first glance, but attempting to compete with the dollar as a currency is no simple task. Additionally, overstock.com isn't exactly known as a tech-nerd user base.
This is another exciting step in the Bitcoin story. Really excited and curious to see how this plays out.
See also:
- Will a Civil War era law outlaw Bitcoin?
- The guy who became a millionaire off of Bitcoin and didn't even know it.