During hearings taking place on the topic of bitcoin and other digital currencies in New York City Wednesday, Coinbase co-founder Fred Ehrsam made an interesting statement on the future adoption of bitcoin when it comes to big business.
No longer can we expect both Overstock.com and TigerDirect to be the only major companies accepting your bits, but other big names will soon be jumping aboard, according to Ehrsam.
“One great beacon here is major retailers like Overstock, and there have been others, hopping on board,” he said, noting that “there are others of similar stature in the pipeline.”
Coinbase, at present, works with about 21,000 merchants of all sizes (including Overstock). It’s main competitor in the digital payments processing business, BitPay, also works with scores of merchant — TigerDirect being one of them.
We’re not going to sit here and speculate who these names could be, but it’s most definitely a good sign of things to come this year. (via BitcoinExaminer)