The Chicago Sun-Times is bullish on the prospects, despite recent reports of theft and an IRS ruling that bitcoin is not currency, and is becoming the first major American newspaper to accept bitcoin as payment for subscriptions.
Could payment in Schrutebucks and Stanley nickels be far behind? According to reports by Business Insider and Chicago media columnist Robert Feder, Chicago area readers may now pay for subscriptions at bitcoin.suntimes.com and has enlisted Coinbase to process payments.
Rupert Murdoch owned the paper for a couple of years, pity he still doesn't.
MEJ Price at posting:
6.2¢ Sentiment: Buy Disclosure: Held