Retailer Overstock mixed up bitcoin and bitcoin specie, letting customers buy items at a steep discount – The Brink

A lesson on how not to suggest cryptocurrency payments

Photo by Mehmet Ali Ozcan/Anadolu Agency/Getty Photos

A serious payment glitch on retail webstek Overstock.com, which sells everything from furniture to diamond rings, permitted customers to pay with either bitcoin or bitcoin specie interchangeably. It’s a problem because the two cryptocurrencies, which split off from one another last August, have insanely different valuations. Continue reading “Retailer Overstock mixed up bitcoin and bitcoin specie, letting customers buy items at a steep discount – The Brink”

Posted in Uncategorized