Bitcoin Mania Hits Craigslist: Sellers Can Now Use Cryptocurrency As Method Of Payment

Anyone keeping track can add Craigslist to the list of companies getting involved in Bitcoin mania, as the online marketplace recently began allowing sellers the ability to indicate that they will accept cryptocurrency when advertising goods or services through the online marketplace. 

The change was noticed by a Reddit user on Thursday in the "posting details" section of the Craigslist seller's page, right next to the "include "more ads by this user" link" box. Yes - now anyone can accept cold, hard, digital currency for their coveted Beanie Baby collection, exercise equipment clothing racks, or suspiciously expensive massage services.

Craigslist joins a growing number of companies adopting cryptocurrency options for their customers, including online gaming platform Steam, Overstock.com, Tesla, Newegg, Microsoft, and Virgin Galactic - where just $15 bitcoins (at $16,429/BTC) will eventually buy a $250,000 trip into space next year.

Three weeks ago Twitter founder Jack Dorsey's credit card processing venture, Square, announced that they were exploring adding Bitcoin to their platform - causing the cryptocurrency to surge in response. 

“...We’ve found that [customers] are interested in using the Cash App to buy Bitcoin,” the company said in a statement.

 

We're exploring how Square can make this experience faster and easier, and have rolled out this feature to a small number of Cash App customers. We believe cryptocurrency can greatly impact the ability of individuals to participate in the global financial system and we're excited to learn more here.

And just yesterday we reported that the world's largest online seller of gold, Apmex, is now accepting Bitcoin. From the company's statement: 
For more than 15 years, APMEX has been an industry leader and along the way has adapted to the growing needs of our customer base. As bitcoin becomes more popular and widely accepted as payment, we are thrilled to welcome the use of this cryptocurrency for buying Gold, Silver and other Precious Metals by integrating BitPay into our website.
It will be interesting to see how buyers and sellers using cryptos get along if this wild intra-day volatility continues, as things like Bitcoin, Etherium, and now 'CryptoKitties,' are not just a medium of exchange - but a short-term, and extremely aggressive directional bet.