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by PatrickByrne
Thu Nov 12, 2015 9:02 pm
Forum: AMA - Ask Me Anything
Topic: I'm Patrick Byrne, CEO of Overstock.com: Ask Me Anything!
Replies: 36
Views: 17615

Re: I'm Patrick Byrne, CEO of Overstock.com: Ask Me Anything!

Thanks for joining Patrick, I'm fascinated by your ideas. My question:

Not receiving my paycheck in Bitcoin is a barrier to me buying from Overstock with BTC. It's easier to keep BTC as savings in my case.

So: how do you approach the challenge of the average joe having a steady stream of bitcoin ...
by PatrickByrne
Thu Nov 12, 2015 8:07 pm
Forum: AMA - Ask Me Anything
Topic: I'm Patrick Byrne, CEO of Overstock.com: Ask Me Anything!
Replies: 36
Views: 17615

Re: I'm Patrick Byrne, CEO of Overstock.com: Ask Me Anything!

Shawshank wrote:
Hi Patrick,

I really admire your determination for transparency and against naked short selling. THANKS. BEEN A GRIND. NER THE END.

When do you think your platform will be ready for public use? NEXT WEEK THE FRANKENSTEIN MONSTER MAY START TWITCHING HIS TOES.
Are there any ...
by PatrickByrne
Thu Nov 12, 2015 8:05 pm
Forum: AMA - Ask Me Anything
Topic: I'm Patrick Byrne, CEO of Overstock.com: Ask Me Anything!
Replies: 36
Views: 17615

Re: I'm Patrick Byrne, CEO of Overstock.com: Ask Me Anything!

I WILL ANSWER in caps (not to imply shouting, but just as a convention)

Hey patrick

*will you ever run for president? (I'll vote) ODDLY, I GET ASKED THAT MORE AND MORE. IT IS HARD FOR ME TO CONSIDER. I DO NOT WANT TO DO THE CHICKEN POT PIE CIRCUIT FOR THREE YEARS (AND HAVE ALRADY SEEN MORE OF ...
by PatrickByrne
Thu Nov 12, 2015 7:51 pm
Forum: AMA - Ask Me Anything
Topic: I'm Patrick Byrne, CEO of Overstock.com: Ask Me Anything!
Replies: 36
Views: 17615

Re: I'm Patrick Byrne, CEO of Overstock.com: Ask Me Anything!

Considering the myriad of global economic influences, national debt levels, prolonged zero interest rate and over leveraged paper gold trading, would a shorter term deflationary trend be more plausible or an inflationary trend?


Mises referred to a "crack-up boom." As things destabilize around ...
by PatrickByrne
Thu Nov 12, 2015 7:46 pm
Forum: AMA - Ask Me Anything
Topic: I'm Patrick Byrne, CEO of Overstock.com: Ask Me Anything!
Replies: 36
Views: 17615

Re: I'm Patrick Byrne, CEO of Overstock.com: Ask Me Anything!

Hi Patrick

2 questions if I may.

1. We know the general e-commerce use case is not yet compelling as so few people own BTC, but with broader adoption, as a major E-commerce company do you still believe in the value proposition for processing Bitcoin payments as a cost saving advantage.

2. What ...
by PatrickByrne
Thu Nov 12, 2015 7:41 pm
Forum: AMA - Ask Me Anything
Topic: I'm Patrick Byrne, CEO of Overstock.com: Ask Me Anything!
Replies: 36
Views: 17615

Re: I'm Patrick Byrne, CEO of Overstock.com: Ask Me Anything!

That would be a program we have called, "Discount by Payment Type." It is in our development queue and should be done by year's end, but not by Black Friday.
by PatrickByrne
Thu Nov 12, 2015 7:40 pm
Forum: AMA - Ask Me Anything
Topic: I'm Patrick Byrne, CEO of Overstock.com: Ask Me Anything!
Replies: 36
Views: 17615

Re: I'm Patrick Byrne, CEO of Overstock.com: Ask Me Anything!

Hi Patrick, thanks for participating. It's encouraging to see how focused you are on this space. What originally incentivized you to start using Bitcoin personally and with your business?

Do you pay any suppliers and employees with bitcoin, or have plans to? If so, what % range do they accept ...
by PatrickByrne
Thu Nov 12, 2015 7:26 pm
Forum: AMA - Ask Me Anything
Topic: I'm Patrick Byrne, CEO of Overstock.com: Ask Me Anything!
Replies: 36
Views: 17615

Re: I'm Patrick Byrne, CEO of Overstock.com: Ask Me Anything!

Patrick,

Thank you so much for bringing the entire Bitcoin ecosystem to a new level by your involvement.
Myself, and the whole ecosystem are grateful to you.

In addition to shopping at Overstock.com, what would you like to see the masses who are interested in Bitcoin do to help drive further ...
by PatrickByrne
Thu Nov 12, 2015 7:25 pm
Forum: AMA - Ask Me Anything
Topic: I'm Patrick Byrne, CEO of Overstock.com: Ask Me Anything!
Replies: 36
Views: 17615

Re: I'm Patrick Byrne, CEO of Overstock.com: Ask Me Anything!

Hey Patrick, thanks for coming on and doing this AMA. I was just curious about your thoughts on the average consumer using Bitcoin. What do you think is the tipping point that will get the average person to say "A ha!" and switch over to bitcoin as opposed to traditional fiat currencies?

In the ...
by PatrickByrne
Thu Nov 12, 2015 7:20 pm
Forum: AMA - Ask Me Anything
Topic: I'm Patrick Byrne, CEO of Overstock.com: Ask Me Anything!
Replies: 36
Views: 17615

Re: I'm Patrick Byrne, CEO of Overstock.com: Ask Me Anything!

At our HQ there is a bitcoin ATM. We3 do not ow it. The owner is aware that it has had a spotty service record, and is taking steps to make it more reliable, he says.

Theopenness of the state of Utah is definitely making this a magnet for pro-bitcoin entrepreneurs and developers. We know we can ...
by PatrickByrne
Thu Nov 12, 2015 7:12 pm
Forum: AMA - Ask Me Anything
Topic: I'm Patrick Byrne, CEO of Overstock.com: Ask Me Anything!
Replies: 36
Views: 17615

Re: I'm Patrick Byrne, CEO of Overstock.com: Ask Me Anything!

Don't be shy. I see 50 guests are watching. Feel free.
by PatrickByrne
Thu Nov 12, 2015 7:08 pm
Forum: AMA - Ask Me Anything
Topic: I'm Patrick Byrne, CEO of Overstock.com: Ask Me Anything!
Replies: 36
Views: 17615

I'm Patrick Byrne, CEO of Overstock.com: Ask Me Anything!

I’m Patrick Byrne, founder and CEO of Overstock.com and, more recently, founder of fintech startup t0.com. t0 is using bitcoin/blochchain technology to bring efficiency, transparency and fairness to the world of securities trading.

Politically, I’m a Classical Liberal (which is close to a ...

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