Overstock CEO Patrick Byrne is going to be doing an AMA on Reddit on 05/02. We should try to have something prepared to post as soon as the AMA goes live. We need something that educates him about Peercoin, it’s benefits compared with Bitcoin and the fact that it’s currently the 3rd largest crypto next to Bitcoin and Litecoin. It can’t be long though, or he probably won’t read the whole thing. It also needs to ask the question about whether Overstock would consider accepting Peercoin in the future. We could point to his recent statement about possibly accepting Litecoin…
While both digital currencies can be used at online stores for services and products, such as cosmetics and video games, bitcoin is accepted more widely. Still, some merchants are paying attention to litecoins. Patrick Byrne, chief executive officer of Overstock.com Inc., said in an interview that the online retailer is considering accepting litecoins.
“It’s time I start looking hard at it,” said Byrne, whose Salt Lake City-based company accepts bitcoins. “We certainly want to be always at the forefront of accepting such currencies.”
Just wanted you Bitcoin redditors to know that Patrick Byrne will be on r/IAmA/ this Friday (5/2) from 3pm-5pm EDT. He's looking forward to answering your Bitcoin-related questions (or any other questions you may have...he knows a lot about many, many things). For those who didn't already know, in January, Patrick made Overstock.com the first major online retailer to accept Bitcoin. Patrick has also said that he personally holds "millions" of dollars in Bitcoin. Spread the word :).