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Topic: [2015-01-09] marketwatch: Overstock to offer staff option of being paid in BTC (Read 874 times)

legendary
Activity: 1316
Merit: 1000

This is great news, probably one of the main key areas of development which is needed right now is more people getting paid in BTC.
legendary
Activity: 1568
Merit: 1001
Coulda swore there was some list posted recently about all the companies that take Bitcoin and it was reported that O-stock keeps about 10% of their bitcoin related revenues in bitcoin. I'm pretty sure about that.
legendary
Activity: 1358
Merit: 1000
Great news.
Previously, there was some news about employees in overstock being given an option to be paid their bonuses in BTC.
legendary
Activity: 1260
Merit: 1000
World Class Cryptonaire
This is a significant first step.

Has anyone listened to earnings calls to know whether they are holding any Bitcoin on their corporate ledger?

That would also be a big step.

Last I saw was a quote from Overstock CEO stating that they currently don't hold any of the bitcoins, but they plan to in the future as their suppliers start accepting coins for payments.
legendary
Activity: 2114
Merit: 1031
This is a significant first step.

Has anyone listened to earnings calls to know whether they are holding any Bitcoin on their corporate ledger?

That would also be a big step.
hero member
Activity: 756
Merit: 500
This is a significant first step.
legendary
Activity: 1148
Merit: 1014
In Satoshi I Trust
Overstock.com to offer staff option of being paid in Bitcoin

NEW YORK (MarketWatch) -- Overstock.com Inc. OSTK, +0.81% said Friday it is planning to offer its employees the option of being paid in Bitcoin, as par of an effort to encourage broader use of digital currencies.

http://www.marketwatch.com/story/overstockcom-to-offer-staff-option-of-being-paid-in-bitcoin-2015-01-09?link=MW_home_latest_news
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