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Posts Tagged ‘Patrick Byrne’

After announcing its plans to start accepting Bitcoin payments last month, Overstock.com officially took the plunge yesterday, having brokered a deal with Bitcoin payment processor Coinbase to help handle sales. Now, only a day later, CEO Patrick Byrne announced on Twitter that the company made $130,000 in Bitcoin payments. #stunned — Patrick M. Byrne (@OverstockCEO) January 10, […]

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Overstock.com has become the first major online retailer to accept Bitcoin, meaning users of the digital currency can now use it for one-stop shopping for everything from lawn chairs to laptops. Chief exec Patrick Byrne says he “believes in limited government, and the controversial currency “attracts me because it…

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