|
Title: [2016-04-02] CD: Overstock Invests $4 Million in Barbados Bitcoin Startup Post by: LiteCoinGuy on April 02, 2016, 08:05:50 AM 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/ Title: Re: [2016-04-02] CD: Overstock Invests $4 Million in Barbados Bitcoin Startup Post by: LiteCoinGuy on April 02, 2016, 08:15:53 AM 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. Title: Re: [2016-04-02] CD: Overstock Invests $4 Million in Barbados Bitcoin Startup Post by: hv_ on April 02, 2016, 05:34:08 PM 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. Title: Re: [2016-04-02] CD: Overstock Invests $4 Million in Barbados Bitcoin Startup Post by: Denker on April 02, 2016, 07:25:24 PM Awesome!
So the Caribbeans are going Bitcoin first!Field experiment! ;D If this should be successful other small states/regions with shitty currencies might follow after that. Title: Re: [2016-04-02] CD: Overstock Invests $4 Million in Barbados Bitcoin Startup Post by: BellaBitBit on April 02, 2016, 07:52:28 PM Does this mean they are using Bitcoin with Bitt? I am not sure I understand where bitcoin fits in here.
|