eBay Now Allows Virtual Currency Sales | TechCrunch - 0 views
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robford-jlm on 07 Apr 14Ebay, a service beloved by all, is an online market place for the buying and selling of goods. This week, Ebay has been at the forefront of innovation yet again. The tech giants are now allowing sales to be made in crypto-currency (aka virtual currency; think Bitcoin or Dogecoin). This is a very interesting move considering the companies usual apprehension over the digital world; having a long-standing policy against digitally downloaded items. Ebay is widely renowned and is used by people everywhere, and making virtual currency a payable option shows how far the idea has come. Bitcoin started out as a crypto-currency reserved exclusively for less than savoury characters on the dark web. However, the currency has been since thrust into the light and has become wildly popular; going for $600 a bitcoin. This is ultimately a win for Ebay and for us the consumers. Another way to pay can make new transactions much easier and efficient, no need to bring a third party in (PayPal). All in all, this new move by Ebay is another step in legitimizing online currency and making it available to the masses.