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CEO Envisions Bitcoin Stock System to "Wipe Out" Wall Street
Overstock.com (Nasdaq: OSTK) CEO Patrick Byrne wants to create a Bitcoin stock trading system to make Wall Street obsolete.
Last month he created a wiki page on the Internet to solicit help in creating a decentralized, purely digital stock trading system that would use Bitcoin's blockchain - the mechanism that records and verifies all the transactions - as its foundation.
Overstock.com (Nasdaq: OSTK) CEO Patrick Byrne wants to create a Bitcoin stock trading system to make Wall Street obsolete.
Last month he created a wiki page on the Internet to solicit help in creating a decentralized, purely digital stock trading system that would use Bitcoin's blockchain - the mechanism that records and verifies all the transactions - as its foundation.