How Coinbase Brings Bitcoin to Billion-Dollar Merchants

How Coinbase Brings Bitcoin to Billion-Dollar Merchants

Coinbase co-founder Fred Ehrsam didn't hesitate to set lofty goals for his company entering 2014, as he quickly predicted his company would enroll no less than 10 billion-dollar businesses in its services before the year's end. It was a bold claim for the bitcoin merchant processor. At the time, Coinbase had enrolled just one billion-dollar merchant, Overstock.com, and despite enthusiasm that more would come aboard, months would pass without another major announcement. Then, just as quickly, the company's stable of major names expanded. In late May, the second billion-dollar merchant....


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