Overstock.com began accepting Bitcoin last Thursday.
We’d previously reported they weren’t going to start taking the digital currency as payment for another few months, so the announcement surprised a bunch of people.
But reaction was swift: $US130,000 worth of merchandise flew off the retailer’s e-shelves on the first day.
Now, Overstock shares with us some data about the purchases.
Most popular items purchased with Bitcoin:
- Mobile phone cases
- USB flash drives
- Bath towels
Overstock also provided us with data for all 50 states. We threw it into a spreadsheet and re-calculated to adjust by population stats (transactions per million residents). Then we created a map.
Here’s the states with the most Bitcoin transactions (on Overstock) per capita:
- New Hampshire
- Utah (where Overstock.com is based)
Of course, this is just the beginning so there aren’t tons of transactions yet, and it’s just on one site (albeit a mass market one). But it’s not surprising that the state whose motto is Live Free Or Die is t he most into the currency.