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Topic: [2016-04-02] CD: Overstock Invests $4 Million in Barbados Bitcoin Startup (Read 348 times)

hero member
Activity: 756
Merit: 500
Does this mean they are using Bitcoin with Bitt?  I am not sure I understand where bitcoin fits in here. 
legendary
Activity: 1442
Merit: 1016
Awesome!
So the Caribbeans are going Bitcoin first!Field experiment! Grin
If this should be successful other small states/regions with shitty currencies might follow after that.
hv_
legendary
Activity: 2548
Merit: 1055
Clean Code and Scale
In February of 2016, Bitt launched a digitized Barbadian dollar on the bitcoin blockchain, backed by the Central Bank of Barbados.

http://www.reuters.com/article/us-overstock-com-investment-fintech-idUSKCN0WY5HI

wasnt aware of that.

Swiss based Monetas does sth similar in tunisia.
legendary
Activity: 1148
Merit: 1014
In Satoshi I Trust
In February of 2016, Bitt launched a digitized Barbadian dollar on the bitcoin blockchain, backed by the Central Bank of Barbados.

http://www.reuters.com/article/us-overstock-com-investment-fintech-idUSKCN0WY5HI

wasnt aware of that.
legendary
Activity: 1148
Merit: 1014
In Satoshi I Trust
Overstock Invests $4 Million in Barbados Bitcoin Startup

Caribbean digital currency exchange Bitt has received $4m in new funding from online retailer Overstock.com.

http://www.coindesk.com/overstock-invests-4-million-in-barbados-bitcoin-exchange/
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