Charlie Shrem

With the arrest of Bitcoin Foundation's Charlie Shrem, Amazon.com's announcement of Amazon Coin and the collapse of Mt. Gox, many e-commerce experts are debating the survival and future of Bitcoin. Meanwhile, a new breed of tech-savvy shoppers are already using Bitcoin to hunt for great deals. However, the daily deal industry has been hesitant to accept Bitcoin and other virtual currencies (at least so far). Daily-deal websites were quick to adopt alternative payment methods like Authorize.net and PayPal, so what will it take before they cash in on virtual currencies?

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