Overstock.com's Judd Bagley Sees Great Future For Bitcoin
Judd Bagley, director of communications at Overstock.com, didn't take long to become a bitcoin enthusiast after the online retailer became one of the first major U. S. companies to let customers pay with bitcoin. Speaking to Sarah Martin, vice president of Digital Currency Council, Bagley discussed his experience as a spokesman for one of the leading retailers to support bitcoin. He will be speaking as one of the thought leaders at the Virtual Currency Today Summit on April 29. The event will be held at the Hilton Boston Back Bay in Boston, Mass. Bagley noted during the interview that the....
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CoinTelegraph spoke to Judd Bagley, Overstock’s Director of Communications, about the company’s continuing support for Bitcoin and cryptocurrency. Online retail giant Overstock.com has historically had a demonstrable interest in cryptocurrency, accepting Bitcoin for payments and extending special deals to crypto-using customers. This has been largely due to CEO Patrick Byrne's passion for all things crypto, and his commitment to what he calls “the crypto revolution.” Byrne’s recent exit from the company has left doubts in the minds of some as to the company’s future as it relates to....
Article now includes comment from Overstock's Judd Bagley. Online retail giant Overstock has announced plans to offer its employees a bitcoin bonus scheme. Overstock representative Judd Bagley told Mashable that the company is "trying to figure out" how it can pay out bitcoin bonuses and aims to get the program in place by the end of the year. Under the scheme, Overstock employees will be incentivised to accept their bonuses in bitcoin by offering a premium over cash payments. Bagley told CoinDesk: "The first step will be to offer to pay employees their annual bonuses in bitcoin. Those....
International retail giant Overstock.com is reporting that it expects to complete $3m in total bitcoin sales for 2014. The figures are notable given that the e-commerce company had issued a wide range of potential estimates for its first-year bitcoin sales over the course of the year. In March, CEO Patrick Byrne suggested Overstock was on pace to achieve $10m-$15m, or even $20m, in bitcoin sales. Such estimates were also below the $5m Byrne said Overstock originally anticipated, though on par with those suggested by Overstock chairman of the board Jonathan Johnson in interviews. Judd....
I think Overstock.com has just taken another huge step forward in the cryptocurrency realm. A report from Mashable indicates that the company is planning to offer its employees the option to accept bonuses in bitcoin. Yes, that's right, bitcoin. The information allegedly comes from company spokesperson Judd Bagley, who says the Utah-based e-retailer is currently exploring options in order to deploy the bonus system by the end of the year. Should an employee elect to receive his/her bonus in bitcoin, they'll receive a premium over those who want their bonus paid out in United States....
Brief panic set in Monday after reports on social media that pioneering Bitcoin merchant Overstock had stopped accepting the virtual currency. Overstock Agent ‘Confused’. A screenshot of an alleged conversation with an Overstock service representative called “Hilton” showed him stating to a customer that Bitcoin was no longer an option “due to the....