Overstock ceo bitcoin dies


We eliminated credit card transaction costs on bitcoin purchases, thus increasing our profit within the tight margins of e-commerce. Bitcoin still combines the convenience, transparency and security of an online-based payment method with the virtues of a currency that has a finite supply of infinitely divisible units and predictable growth patterns. This duality supports our belief that a limited government, without the power to create currency at will for self-sustaining purposes, is the best business model for any nation.

While you might not hear much about its retail use cases anymore, Overstock still accepts bitcoin. The digital currency's non-governmental nature still allows for easy global adoption, leading to efficient trade between individuals and companies without the cumbersome currency exchange processes and costs. Just as the internet allowed the world the freedom to communicate across borders and cultures, bitcoin and other non-governmental cryptocurrencies allow the world the freedom to trade goods in much the same way.

Other retailers and industries soon followed our lead and the public began to see bitcoin less as a fringe idea I wonder how many other companies will see this and not want to be left behind in sales. Online retail is centrally a very large economy, if they see simply expanding the payment methods they allow increase sales why they should already be having meetings about this! The 2nd guy I kept digging for info on was a hidden gem, I have told a few people that.

I feel smarter today having written this LOL. I just went to your comments tab and you are spamming your replies with 1 or 2 words and basically nice post 'ing everyone. I saw your comment appear when my blog went up, after about 30 seconds, so I knew you never read it!

This is fantastic and very positive news. Pioneers like this can only help speed the adoption of cryptocurrencies. I have never used Overstock but I have taken notice of his logical statements on this overreaching gov't. But those who deeply treasure over it would put cuffs on my wrists! I think in this post alone, I have tagged you 5 or 8 times already alone, let alone other stuff lately and today.

The subsequent quotes from the CEO, and Chairman of the board were fascinating to read. It is nice to see smart, and liberty minded people leading companies. That is also why I kept digging on the 2nd guy in the article I named today, that is a hidden gem of info I was able to find.

Greetings I have a gif for you! Please take a moment to read this. You have been marked. Have a great day and enjoy the waronspam. This is great news! I love Overstock and you can get fantastic deals there.

The products are not as widespread as the might amzn, but the when you find what you want - you are getting a deal. This is the kind of thing I need to be able to show my mom bloggers, and authors, and health care providers to get them interested. They are not ready to learn crypto unless it is easy to spend. You're welcome - this is on my list of "places crypto can be spent like "normal" money" now: Wow this is crazy.

How did they manage to work around all the regs for using BTC? I guess maybe in there wearnt that many? I've been learning so much the last little bit while getting acquainted with the crypto world, I have missed so many great, great things.

Thanks for sharing this, it really is yuge news!! The 2nd half of this was really quite big, with the research I quickly dug for and shared on the 2nd guy too!!!! I just don't understand why it directs us to Coinbase rather than shapeshift when we want to pay by bitcoin! Barry this is so awesome right??

My daughter was shopping on Overstock tonight and using bitcoin! Your comments, my eyes. I might remove the flag if you reply here and remove this - and start making real comments to posts. You guys have real lakes, forests, and maple syrup. Excuses me, I need to go look up legal requirements to become a citizen of Canadastan. People think it is great here, it is not, it is a police state and I am telling friends the same.

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Enter your email address below! Joshua Krause is a reporter, writer and researcher at The Daily Sheeple , where this article first appeared. He was born and raised in the Bay Area and is a freelance writer and author. You must be logged in to post a comment. Want an edge in cryptocurrency markets?

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