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Meet Patrick Byrne: Bitcoin Messiah, CEO of Overstock, Scourge of Wall Street


He tells me this during a phone call from his car, a black Tesla Model S that’s winding its way through the mountains above Salt Lake City, on its way to Byrne’s home in the Utah ski country. Byrne is the CEO and chairman of Salt Lake’s, one of the world’s largest online retailers with more than $1.3 billion a year in sales, and he’s about to place an enormous bet on bitcoin, the digital currency that exists only on the internet.

In the estimation of many leading economists, bitcoin is a fatally flawed idea shaped by people who don’t really understand how money works. But Byrne is an unorthodox thinker, a three-time cancer survivor with a PhD in philosophy who’s never been afraid to fight for what the rest of the world sees as complete madness.

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