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Newegg, 1-800-Flowers now accept Bitcoin

That's 0.00345 bitcoins for those roses, please.

 

Fran Berkman

Tech

Posted on Jul 1, 2014   Updated on May 31, 2021, 1:04 am CDT

Bitcoin has found two more partners in online commerce.

Following in the digital footsteps of Overstock.com and Expedia, electronics retailer Newegg announced on Tuesday that customers can now pay using the popular cryptocurrency.

“Adopting Bitcoin as a payment method is another way we’re responding to our customers’ diverse needs,” Newegg Chief Marketing Officer Soren Mills said in an emailed statement.

Additionally, the Bitcoin wallet company Coinbase announced that it has partnered with 1-800-FLOWERS to allow its online customers to pay with Bitcoin, beginning this fall. The partnership will extend to several other gift sites owned by 1-800-FLOWERS such as ThePopcornFactory.com.

On its website, Newegg explains Bitcoin to customers as “a new option that gives people more power and control over their finances.”

Newegg Bitcoin

Very soon the number of bitcoins in existence will surpass 13 million, which means there’s nearly $9 billion worth of the cryptocurrency out there, burning a hole in users’ digital wallets. Each time a new retailer begins accepting Bitcoin, there’s a small celebration on the forums where Bitcoin users gather.

Reddit Bitcoin

It should come as no surprise that more vendors are looking to capitalize on the current wave of Bitcoin enthusiasm.

Some other things you can currently do with Bitcoin: fund a family road trip, vacation at a nudist resort in Canada, pay tuition at a historical college, and buy tickets to an NCAA football bowl game called the Bitcoin St. Petersburg Bowl.

Photo by BTC Keychain/Flickr (CC By 2.0)

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*First Published: Jul 1, 2014, 12:17 pm CDT