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Topic: [2014-08-04]Bitcoin-Friendly Overstock to Introduce Digital Currency Bonus Schem (Read 885 times)

legendary
Activity: 3038
Merit: 1032
RIP Mommy
Aren't "bonuses" taxed 50% in the US?
legendary
Activity: 1260
Merit: 1000
World Class Cryptonaire
Patrick Byrne is a true believer  Cheesy

I'm glad that he's promoting Bitcoin, but I also wish Overstock would keep a fraction of the Bitcoin they received from sales instead of converting it all to fiat. Even something as small as 0.5% . Start small and increase the percent kept as bitcoin price grows and/or as his suppliers accept bitcoin.
legendary
Activity: 2184
Merit: 1024
Vave.com - Crypto Casino
That fellas a pioneer for sure. He's stealing a march on Amazon.
member
Activity: 68
Merit: 10
The headline of this thread made me think he was going to create and pay out in his own coin for some reason, though glad to find this is not the case.
legendary
Activity: 1568
Merit: 1001
Patrick Byrne is the marque businessman (non-BTC oriented originally) that all others should follow as we evolve into progressing as mankind away from slave money and compensation.
legendary
Activity: 1904
Merit: 1074
He has a new project every week.  Wink Last week he wanted to re-design the whole stock market, and now it's the bonus system.  Grin

We need more entrepreneurs like him, in the governments. The the stop block for crypto currency to grow at the moment.
full member
Activity: 172
Merit: 100
The more I read about this guy the more I like him.

Patrick Byrne is a true believer  Cheesy

He is and he's doing his bit to promote bitcoin to others and spread adoption which is great.
legendary
Activity: 1148
Merit: 1014
In Satoshi I Trust
Patrick Byrne is a true believer  Cheesy
newbie
Activity: 14
Merit: 0
they start to entiring "mysterios money come from .
but thats good for makes popular again on cryptography
hero member
Activity: 536
Merit: 500
http://www.ibtimes.co.uk/bitcoin-friendly-overstock-introduce-digital-currency-bonus-scheme-employees-1459424

Online retail giant Overstock is planning to introduce a novel bonus scheme for its employees, prompting them to take bitcoin instead of cash as incentives, as the company's sales in bitcoin recently crossed $2m.

Judd Bagley, a representative for Overstock, told Mashable that the company is trying to figure out how to offer bitcoin bonuses by the end of the year.

He added that employees opting for bitcoin bonus will get a premium over what they would get if they take cash instead.
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