Another week, another big retailer adopting bitcoin. The news is a vote of confidence for the virtual currency, but it still doesn’t answer the question of when — or if — ordinary consumers will adopt it.
Jeremy Allaire’s bitcoin start-up Circle revealed its monetary platform while BitPay cashed in with a $30 million Series A funding round.
A team belonging to one of North America’s four major sports leagues will now let fans purchase online tickets and store merchandise using bitcoins.
Bitpay, an Atlanta-based company that helps companies accept Bitcoin as payment, has gone from 1,000 to 10,000 clients in the last year. But it’s too soon to say if this reflects Bitcoin entering the mainstream.