Friday, January 9, 2015

Overstock Installs Bitcoin ATM at Corporate HQ


CoinOutlet, OverstockUS retail giant Overstock has installed a bitcoin ATM in the lobby of its Salt Lake City, Utah, headquarters.


Part of an effort to further encourage digital currency use amongst its staff, the news coincides with the announcement that it is in the process of offering its employees the option to receive their pay in bitcoin. Further, it comes just one year after it first began offering US customers a bitcoin payment option through Coinbase.


Overstock CEO Patrick Byrne, who has been an outspoken advocate of the digital currency, spoke to Bitcoin News about the endeavor to give bitcoin a greater part of the global economy by first increasing its mainstream use.



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