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Bitcoin => Press => Topic started by: zakoliverz on August 04, 2014, 07:50:05 AM



Title: [2014-08-04]Bitcoin-Friendly Overstock to Introduce Digital Currency Bonus Schem
Post by: zakoliverz on August 04, 2014, 07:50:05 AM
http://www.ibtimes.co.uk/bitcoin-friendly-overstock-introduce-digital-currency-bonus-scheme-employees-1459424

Online retail giant Overstock is planning to introduce a novel bonus scheme for its employees, prompting them to take bitcoin instead of cash as incentives, as the company's sales in bitcoin recently crossed $2m.

Judd Bagley, a representative for Overstock, told Mashable that the company is trying to figure out how to offer bitcoin bonuses by the end of the year.

He added that employees opting for bitcoin bonus will get a premium over what they would get if they take cash instead.


Title: Re: [2014-08-04]Bitcoin-Friendly Overstock to Introduce Digital Currency Bonus Schem
Post by: Rocket Launcher on August 04, 2014, 07:59:10 AM
they start to entiring "mysterios money come from .
but thats good for makes popular again on cryptography


Title: Re: [2014-08-04]Bitcoin-Friendly Overstock to Introduce Digital Currency Bonus Schem
Post by: LiteCoinGuy on August 04, 2014, 08:32:11 AM
Patrick Byrne is a true believer  :D


Title: Re: [2014-08-04]Bitcoin-Friendly Overstock to Introduce Digital Currency Bonus Schem
Post by: Dr. Pepper on August 04, 2014, 10:13:33 AM
The more I read about this guy the more I like him.

Patrick Byrne is a true believer  :D

He is and he's doing his bit to promote bitcoin to others and spread adoption which is great.


Title: Re: [2014-08-04]Bitcoin-Friendly Overstock to Introduce Digital Currency Bonus Schem
Post by: Kprawn on August 04, 2014, 12:12:08 PM
He has a new project every week.  ;) Last week he wanted to re-design the whole stock market, and now it's the bonus system.  ;D

We need more entrepreneurs like him, in the governments. The the stop block for crypto currency to grow at the moment.


Title: Re: [2014-08-04]Bitcoin-Friendly Overstock to Introduce Digital Currency Bonus Schem
Post by: Chef Ramsay on August 04, 2014, 07:22:20 PM
Patrick Byrne is the marque businessman (non-BTC oriented originally) that all others should follow as we evolve into progressing as mankind away from slave money and compensation.


Title: Re: [2014-08-04]Bitcoin-Friendly Overstock to Introduce Digital Currency Bonus Schem
Post by: Poolie on August 04, 2014, 07:55:41 PM
The headline of this thread made me think he was going to create and pay out in his own coin for some reason, though glad to find this is not the case.


Title: Re: [2014-08-04]Bitcoin-Friendly Overstock to Introduce Digital Currency Bonus Schem
Post by: Minecache on August 04, 2014, 10:12:18 PM
That fellas a pioneer for sure. He's stealing a march on Amazon.


Title: Re: [2014-08-04]Bitcoin-Friendly Overstock to Introduce Digital Currency Bonus Schem
Post by: lyth0s on August 05, 2014, 01:07:00 PM
Patrick Byrne is a true believer  :D

I'm glad that he's promoting Bitcoin, but I also wish Overstock would keep a fraction of the Bitcoin they received from sales instead of converting it all to fiat. Even something as small as 0.5% . Start small and increase the percent kept as bitcoin price grows and/or as his suppliers accept bitcoin.


Title: Re: [2014-08-04]Bitcoin-Friendly Overstock to Introduce Digital Currency Bonus Schem
Post by: TheButterZone on August 05, 2014, 10:30:41 PM
Aren't "bonuses" taxed 50% in the US?