“Overstock’s free-thinking CEO and chairman, Patrick Byrne, has been telling anyone who would listen that his company would adopt bitcoin sometime in the next six months. But Byrne is an impatient man. Last Tuesday, the company struck a deal to handle bitcoin payments through a service operated by the suddenly hot San Francisco startup Coinbase, and since then, a team of Overstock engineers has worked almost every waking hour to prepare the site for what is undeniably a key moment in the digital currency’s short history. ‘I felt I had tipped my hand,’ Byrne says. ‘I didn’t want someone else to beat us.'”
http://www.wired.com/business/2014/01/overstock-bitcoin-live/
(Visited 33 times, 1 visits today)
Related posts:
15 Houses in Detroit You Can Buy for Less Than $500
Google report reveals world government requests for private data rising sharply
North Korea: Is War the Inevitable Outcome?
Dan Ariely: What makes us feel good about our work?
US regulator: Bitcoin exchanges must comply with money-laundering laws
Hackers steal $1.2m of bitcoins from a supposedly secure wallet service
Renewing Your US Passport? BEWARE — – State Department Now Transmits Your SSN & Location to the IRS
Project Loon: The Technology
Warrantless cellphone location tracking is illegal, US circuit court rules
Missouri Appeals Court Strikes Down St. Louis Red Light Camera Ordinance
"Cooperate" With the Police, Or Be Assaulted in Front of Your Children
Second California county joins push to form state of ‘Jefferson’
Bernanke Is Blind As A Bat
U.S. Senator Wants Resolution Authorizing War With Iran If ‘Nothing Changes’ In Two Months
Interview With Tom Woods On Nullification