Digital Retail Giant Overstock Set to Use Bitcoin for Tax Payments in 2019 Already

The new year has begun just a couple of years ago but has already brought some surprising news for crypto enthusiasts. On Thursday, the US online retailer Overstock announced it would pay part of its business taxes in the state of Ohio with Bitcoin (BTC). The move is a way to promote cryptocurrency use. Overstock CEO and founder Patrick Byrne said: “We have long thought that thoughtful governmental adoption of emerging technologies such as cryptocurrencies (when accompanied by non-restrictive legislation over these technologies) is the best way to ensure the U.S. does not lose our place…