Doc. Patrick Byrne

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Doc. Patrick Byrne
CEO, t0

In late 1999, Patrick M. Byrne launched Overstock.com, which achieved its first profitable quarter in 2002 and its first full year of profitability in 2009. In 2015, Overstock.com had revenues of $1.7 billion and its sixth out of seven straight years of profitability.

In 2014, when no firm of $1 million in revenue yet accepted bitcoin as a payment method, Byrne’s pro-freedom political orientation led him to decide that Overstock.com, then with $1.4 billion in revenue, should accept the digital currency. Having gained familiarity with the blockchain technology at the heart of digital currencies such as bitcoin, Byrne created Medici, a subsidiary within Overstock.com building blockchain-based financial technology solutions. In 2015, Byrne used Medici’s t0.com securities trading platform to become the first person in history to purchase a digital bond entirely on the bitcoin blockchain.

Byrne received a bachelor’s degree in philosophy and Asian studies from Dartmouth College, a master’s in philosophy from Cambridge University as a Marshall Scholar, and a doctorate in philosophy from Stanford University. He has taught at the university level and is a frequent guest lecturer discussing internet commerce, capital markets, Wall Street practices, education, leadership and ethics. 

Speaking History

Speaker at Money20/20 Europe 2016

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