Dell embraces Bitcoin

Dell embraces Bitcoin

Jul 18 2014, 17:38 ET
"Now you can buy digital with digital," reads a blog post in which Dell announces it's accepting Bitcoin (COIN, OTCQB:BTCS) payments on Dell.com.The IT giant is partnering with popular Bitcoin payment-processor Coinbase, and is launching a promotion through which buyers of Alienware gaming PCs can get a 10% discount (up to $150) by paying via Bitcoin.Dell joins a Bitcoin supporter list that also includes Newegg, Expedia, Dish Network, and Overstock. The virtual currency's low transaction fees have given merchants an incentive to accept it, even as its volatility leaves others cautious.Coinbase is currently showing bid-ask spread of $627-$630.

http://seekingalpha.com/news/1853015-del...es-bitcoin

That is interesting – you are selling a computer for what might be very fluctuating prices. I would suggest that if Dell is doing that, they are actually establishing Bitcoin as a legit payment option. Otherwise there would be no benefit for them – interesting development here to be sure.