ALERT: Overstock.com now Accepting Bitcoin!
Just as a side note to all the Bitcoin "Doom and Gloomers"...
The REAL value in Bitcoin is not in the price speculation, get rich quick schemes or trading the crazy price volatility but rather in its value as a MONETARY UTILITY in the exchange of goods and services.
With the annual Gross Domestic Product (GDP) of the world above $70 Trillion fiat dollars I would think there is plenty of room for a few competing currencies like Gold, Silver and of course for online transactions...Bitcoin!
Apparently so does Overstock.com as they just announced that they will start accepting Bitcoin...
Overstock.com Will Start Taking Bitcoin Next Year
http://finance.yahoo.com/news/overstock-com-start-taking-bitcoin-191550579.html
So in the 2nd quarter of 2014 I will be able to buy any of the 984,000 items that Overstock.com offers...with a click of a mouse paying no transaction fees to the banksters!
Hmmm...
I wonder how long before Amazon, eBay, Google, Facebook, etc figure out that accepting Bitcoin can increase their market share, add to their revenues and drastically decrease their banking expenses?
The battle to retake our financial system is in full view of the world now.
In 2014 EVERYTHING WILL CHANGE!
May the Road you choose be the Right Road
(...and it will accept tolls in Bitcoin!)
Bix Weir
