In 2012, Patrick Byrne's pro-freedom stance prompted Overstock.com to become the first business with a revenue of more than $1 million to accept Bitcoin as payment.
Byrne quickly gained a thorough understanding of this novel digital currency and the blockchain technology that underpins it, and he used this newly acquired knowledge to found Medici Ventures. Byrne, who was then an Overstock.com subsidiary, used Medici's security trading capability in 2015 to become the first individual to purchase a Bitcoin blockchain-based digital bond.
Byrne set another milestone in 2016 when Overstock.com became the first public company to list its shares on an ATS (alternative trading system).
Byrne retired from Overstock.com in 2019 after a career spanning more than two decades.
Patrick Byrne describes himself as a "classical liberal," a firm believer in the importance of market freedom and education for national success.
Following the 2006 death of noted economist Milton Friedman, Byrne assumed the chairmanship of the Friedman Foundation for School Choice (now known as "EdChoice"), which continues to spearhead the school choice movement throughout the United States.
Patrick Byrne received his formal education at a number of prestigious institutions prior to launching a successful career in business and corporate leadership.
University of Stanford Byrne graduated from Stanford University with a Doctor of Philosophy (PhD) in 1996.
The Cambridge University. Byrne earned a Master's degree in Philosophy in 1989 after completing graduate school.
College of Dartmouth Byrne earned his bachelor's degree in Asian studies and philosophy from Dartmouth in 1985.
Official Website: https://patrickbyrne.info/