This “sunny honey oak square headboard sleigh bed 5-piece bedroom set” can be yours for a couple of bitcoins. via Overstock.com
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As one Byrne commentator observed after the controversial interview, it’s kind of his thing, noting that the Overstock chief “tirelessly champions causes that draw few followers: the ‘jihad’ against naked short selling, the private-school voucher initiative in Utah, the deep-discounting at Overstock that leads to losses year after year.”Such determinism can also pay off. Under Byrne’s stewardship, Overstock finally turned a profit in 2009, and looks more or less in good financial shape, growing revenues by 4 percent between 2011 and 2012.This is still Bitcoin’s biggest problem. People use it to make a statement, not because it’s actually beneficial.
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