From 27.00 mins … (the whole show is interesting, tbh)
" We’re about to create a system where any alt-coin can be spent at Overstock.com, that should be live in a matter of weeks, where any alt-coin in the world can be spent" - Patrick Byrne, CEO, Overstock.com
Preston Byrne also announces https://tzero.com/ which he says is a blockchain system for handling securitised lending, which he claims accounts for 75% of the revenue of Wall Street.
He’s also talking about taking blockchain currencies into countries like Venezuela to replace the broken fiat system, through an Overstock.com subsidiary based in Barbados.
56 minutes: PB admits he doesn’t know how to solve the energy inefficiency of bitcoin mining. Be good to tell him about SAFEnetwork I think. @fergish could you use your connection to Ernie to get this point in front of PB? Right after this he says he’s not wedded to bitcoin, but to crypto. I think he’s both technically on the ball and open to all solutions.