Patrick Byrne: t0 and Bitt Will Grow Under New Leadership

Patrick Byrne: t0 and Bitt Will Grow Under New Leadership

Following the return of Patrick Byrne, Bitcoin advocate and Overstock founder and CEO, the company has announced the appointment of a new chief for their blockchain unit. In the press release, Byrne said that all of the company’s bitcoin and blockchain projects will continue to grow and innovate under the new leadership. Byrne Names New Blockchain Unit....


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Caribbean Startup Bitt Receives $4 Million

Overstock.com has announced it has invested $4 million USD into Caribbean exchange Bitt. The partnership was revealed in Barbados with various officials from surrounding nations. Bitt aims to bolster the current economic landscape and hopes to “remedy” the financial friction within the region. Bitt aims to digitize fiat currency within the Caribbean so....

Overstock Invests in Bitt to Launch Official Digital Currencies in the Caribbean Islands

Overstock announced a strategic investment in Bitt, a Caribbean-based fintech company whose goal is to persuade Caribbean island nations to adopt digital national currencies. The investment was announced at a media conference in Barbados hosted by Avatar Capital, which invested in Bitt, and attended by representatives from both Bitt and Overstock. Politicians and dignitaries from various Caribbean nations attended. “A major impediment to economic advancement around the world is the fact that the vast majority of humans are unbanked,” said Overstock CEO Patrick M. Byrne. “Yet mobile....

Overstock.com CEO Patrick Byrne Holding Q&A on Reddit on Friday

Here's a little something that might interest members of the bitcoin community, particularly those that frequent social sharing website Reddit.com. Overstock.com CEO Patrick Byrne will be holding a Q&A session at from between 3 - 5 PM Eastern time on the /r/IAmA/ subreddit Friday, the 2nd of May. While the subreddit will allow Redditors to ask just about any question they feel appropriate, bitcoin-loving Redditors can take the opportunity to ask Byrne hard-hitting questions relating the the emerging digital currency. Of course, both Overstock.com and Patrick Byrne gained tremendous....

Patrick Byrne on Bitcoin: Space Cash, Beam it Across the Galaxy

Overstock.com CEO Patrick Byrne is a vocal Bitcoin proponent, even launching his own startup T0 to disrupt Wall Street. In a recent interview, Byrne discussed both Bitcoin and blockchain’s unique advantages. Patrick Byrne is a well known influential person within the bitcoin world, since his company Overstock.com was one of the first companies to accept....

Overstock Invests In Bitt, Creator of Barbadian Digital Dollar

Overstock revealed Friday it invested $4 million into a blockchain-forward financial technology firm in the Caribbean. The announcement, made in Barbados and attended by principals from the island’s company Bitt and Overstock, enters in a big move by Overstock into the space. It’s involvement had largely been focused on innovation through its t0 project. “A major impediment to economic advancement around the world is the fact that the vast majority of humans are unbanked,” Overstock Chief Executive Patrick Byrne said. “Yet mobile penetration in some countries exceeds 100 percent. Bitt has....