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How Coinbase Brings Bitcoin to Billion-Dollar Merchants

Thursday 07th, August 2014 / 11:56
How Coinbase Brings Bitcoin to Billion-Dollar Merchants

coinbase

Coinbase co-founder Fred Ehrsam didn’t hesitate to set lofty goals for his company entering 2014, as he quickly predicted his company would enroll no less than 10 billion-dollar businesses in its services before the year’s end.

It was a bold claim for the bitcoin merchant processor. At the time, Coinbase had enrolled just one billion-dollar merchant, Overstock.com, and despite enthusiasm that more would come aboard, months would pass without another major announcement.

Continue reading at CoinDesk

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THE BITCOIN MAGAZINE MISSION Bitcoin Magazine is on a mission to be the most accurate and up-to-date source of information, news and commentary about Bitcoin and crypto-currencies. The magazine reaches hundreds of thousands of readers every month by covering current events in business, technology, politics, law and society with a wide variety of viewpoints and opinions from authors and guests in an attempt to provide enlightening commentary that is accessible to new Bitcoin users as well as news and insights the veteran users will find valuable. We desire to work with the Bitcoin community to help support and grow this tremendous technological and financial innovation that empowers each one of us to manage our own economic relations with greater control.

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