If you want some cheap linens or towels, you can’t pay in Club Med beads, but you can pay in Bitcoin. Overstock.com just became the largest U.S. retailer to accept the futuristic currency, according to a post by Jacob Farber on Perkins Coie’s Virtual Currency Report. “Overstock.com struck a deal with Coinbase for the processing of Bitcoin payments last Tuesday and has been working around the clock since to prepare to go live,” he says.
But while there is a new Bitcoin story every day,...