Bitcoin’s price has been booming in the last two years (with some recent hiccups). This must mean that the cryptocurrency is becoming ubiquitous at online retailers, right?
Wrong. According to a new Morgan Stanley report, via Bloomberg, only three out of 500 largest online merchants accept Bitcoin.
And it’s not growing either. That number is down from five retailers last year.
SEE ALSO: At $200 million, Tezos ICO is already the biggest ever, and it’s still going strong
The report doesn’t say which three retailers accept Bitcoin, but it’s not very hard to guess—one is likely Overstock, which has been strongly advocating Bitcoin since 2014. But the largest online stores—Amazon, Wal-Mart, Apple—still do not accept direct payments with any cryptocurrency. Read more…
More about Bitcoin, Retailers, Business, and Big Tech Companies