E-Commerce Giant Overstock to Start Selling Bitcoin in Q1 2019

  • Alex Dovbnya
    📰 News

    Overstock.com has voiced its plans to offers their customers BTC thought the company’s subsidiary Medici Ventures. The site visitors will be able to purchase crypto


E-Commerce Giant Overstock to Start Selling Bitcoin in Q1 2019

Overstock.com, the first major retail company that started accepting crypto as a means of payment, has voiced its plans to offers their customers Bitcoin (BTC) thought the company’s subsidiary Medici Ventures. The site visitors will be able to purchase the flagship cryptocurrency with the help of the new Medici-backed Bitsy wallet. The wallet will feature top-notch biometric security features along with an innovative key recovery mechanism that eliminates the possibility of losing crypto holdings for good.   

Overstock CEO Patrick Byrne drew parallels between the dot-com bubble and the current state of the crypto industries, claiming that Blockchain is here to stay no matter how many cryptocurrencies crash.
 

Cover image via u.today
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About the author

Alex Dovbnya (aka AlexMorris) covers all things crypto — from major projects, which are fighting tooth and nail to gain the upper hand in the burgeoning industry, to the latest regulatory trends around the world. When he happens to take a break from crypto, Alex delves into cognitive linguistics (metaphors can be fun too!).

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