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

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Fri, 09/14/2018 - 15:58
Alex Dovbnya
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
Cover image via U.Today

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.
 

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About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets, can be contacted at alex.dovbnya@u.today.

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