This week in bitcoin: The push to get the currency in the hands of the consumer


In this week’s bitcoin review, we recap how bitcoin is becoming a payment option in more places, which would be a good thing except for the falling price.

Is bitcoin inching closer to widespread acceptance?

If you’re trying to sell some bitcoins before the tax deadline — or just want to use them in your everyday life — it’s becoming much easier. We’re starting to get press release after press release about a new company that accepts the cryptocurrency. This week it included the Chicago Sun-Times, the first newspaper to jump on board, and the Sacramento Kings, which released a bitcoin-only store for its merchandise. Virtual currency even became its own section of goods on Ebay (although it’s not an approved payment method yet). The largest company to come on board this week was the Square marketplace.

Yet the way the market has been behaving doesn’t exactly instill…

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