It seems like Overstock.com has always been ahead of the curve. They were among the first retailers to take advantage of the internet, and they made their millions by buying up the liquidated inventories of several failed dot-com companies. Then they were the first major company to accept bitcoins as payment for their products. Now, they may be poised to reach another milestone, if CEO Patrick Byrne has his way. He recently approached the SEC with a proposal to issue $500 million in stock and securities. But unlike traditional stocks, you won’t be seeing these on NASDAQ. They will be issued with the same decentralized cryptographic software that runs bitcoin.
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