PayPal Competitor Okpay.com Now Accepts Bitcoin

Online payment processor Okpay.com has today announced that it is accepting Bitcoin deposits.

The site came online in March 2010 and has been increasing in popularity ever since. Alexa shows a very high ranking in Russia of 1,268, 19,411 in the United States (better than Diaspora's 19,825), and 15,516 globally.

The site reported 300,000 open accounts in March of this year.

This is the first serious commercial acknowledgement of Bitcoin's legitimacy as an electronic currency, and will provide Bitcoin users with dozens of additional ways to convert their Bitcoins into cash.

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Bitcoin Radio Commercial

Anyone listening to any of these radio stations will hear an actual Bitcoin commercial starting today. Radio hosts will read out the same lines that you hear in this YouTube video.

The commercial is funded by Roger Ver of Memory Dealers, famous for, among other things, his $10,000 bet that Bitcoin will outperform gold by 100x over the next two years.

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