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Jeff Bezos wants the bottom half of earners to pay zero income tax—he says nurses making just $75K should save $12K a year

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Despite a $500 million net worth, Shaq just finished his fourth degree. He warns graduates: 'Your character will take you further than your resume'

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Bolt CEO says he let go of his entire HR team for creating problems that didn’t exist: ‘Those problems disappeared when I let them go’ 
Bitcoin

Dish Network: The largest company to accept Bitcoin

By
Laura Lorenzetti
Laura Lorenzetti
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By
Laura Lorenzetti
Laura Lorenzetti
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May 29, 2014, 3:54 PM ET
Photo courtesy: David Becker Getty Images

Dish Network (DISH) is the latest company to accept Bitcoin as payment.

The satellite-TV company with more than 14 million customers will become the largest company to accept the digital currency and will start offering the payment option in the third quarter this year. Subscribers will be able to use their bitcoin wallet of choice for any monthly payment through Dish’s customer website.

“We always want to deliver choice and convenience for our customers,” Dish’s Chief Operating Officer Bernie Han said in a release. “And that includes the method they use to pay their bills.”

Coinbase will process the bitcoin payments and will convert the currency instantly to U.S. dollars when the online transaction goes through, making the process seamless for customers and providing Dish with immediate credit.

Last December, Overstock.com (OSTK) announced that the online retailer will start accepting Bitcoin as early as next month, joining a slowly growing number of businesses, such as online dating website OkCupid accepting bitcoin.

About the Author
By Laura Lorenzetti
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