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.
Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.