Overstock isn't taking a risk here: they are getting the same exact USD they got... | Hacker News

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		wdewind on Jan 9, 2014 \| parent \| context \| favorite \| on: Overstock.com Is Now Accepting Bitcoins Overstock isn't taking a risk here: they are getting the same exact USD they got before.

toast0 on Jan 10, 2014 [–]

They're probably getting more USD than they got before, because the merchant fees are lower.

wdewind on Jan 10, 2014 | [–]

Coinbase charges 1%. At overstock's volume they are probably getting a similar deal on CCs, although definitely not quite 1%.

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