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Thursday, March 22, 2018

Overstock.com's CEO Wants To Undermine Wall Street With The Tech Behind Bitcoin...


Patrick Byrne is the founder and CEO of popular deal site Overstock.com. He also has a doctorate in philosophy and a survivalist ranch where he could ride out a hypothetical zombie invasion. And he has always had ambitions bigger than retail. For years, Byrne used his position to rail against corruption on Wall Street. Then, he discovered bitcoin, and with it, a new way to dismantle what he sees as dismantle what he sees as dangerous institutions. In 2015, Overstock.com became the first company to accept the cryptocurrency as payment. Byrne still runs the retail site, but he's poured his time and profits into financing blockchain-based start-ups, including a alternative stock exchange. And he's attracted a following of crypto fans who share his vision for a future fueled by blockchain. -----