Almost no big retailers support Bitcoin, and it's not hard to guess why

Bitcoin price has been booming in the last two years (with some recent hiccups). This must mean that the cryptocurrency is becoming ubiquitous at online retailers, right?

Wrong. According to a new Morgan Stanley report, via Bloomberg, only three out of 500 largest online merchants accept Bitcoin. 

And it's not growing either. That number is down from five retailers last year. 

SEE ALSO: At $200 million, Tezos ICO is already the biggest ever, and it's still going strong

The report doesn't say which three retailers accept Bitcoin, but it's not very hard to guess—one is likely Overstock, which has been strongly advocating Bitcoin since 2014. But the largest online stores—Amazon, Wal-Mart, Apple—still do not accept direct payments with any cryptocurrency.  Read more...

More about Bitcoin, Retailers, Business, and Big Tech Companies

COntributer : Mashable http://ift.tt/2uiSxTk

Exhibit rare genuine handcrafted multi-ethnic products of the people in Island of Borneo!