Visitors Now:
Total Visits:
Total Stories:
Profile image
By Reason Magazine (Reporter)
Contributor profile | More stories
Story Views

Last Hour:
Last 24 Hours:

Overstock CEO Patrick Byrne on Gary Johnson, Trump vs. Clinton, and Bringing the Blockchain to the Stock Market

Thursday, October 6, 2016 9:33
% of readers think this story is Fact. Add your two cents.

(Before It's News)

“We have, you may have noticed, in our society, a group of people that call themselves, ‘progressives,” says Patrick Byrne, CEO of “The hidden assumption is that they are for progress, or that a more powerful government would be progress. Well, I figure that if they can hijack the word ‘progress,’ I can hijack the word ‘freedom.’”

This is why Byrne describes himself as “pro-freedom” and also why he’s supporting the Libertarian Party presidential ticket of Gary Johnson and Bill Weld in this year’s election. In fact, Byrne is not only voting Johnson/Weld this year but has been funding a documentary about their run for the White House that’s meant as a critique of the two-party system.

Reason TV’s Zach Weissmueller sat down with Byrne in Overstock’s headquarters in Utah to talk about Byrne’s return to the helm of the company after taking a medical leave of absence (0:53 – “I’m actually healthier than I’ve been in about 30 years.”), his enthusiasm for bitcoin and other blockchain-based technology (4:18 – “For five-thousand years, society has accumulated these [centralized] institutions like barnacles on our hull, and now the blockchain lets us scrape those off.”), his new venture t0 that brings the blockchain to the financial sector (5:26 – “We now have built a blockchain version of Wall St.”), his support of Gary Johnson (11:23 – “He’s ‘pro-freedom.’”), and his disdain for both Donald Trump and Hillary Clinton (15:09 – “I don’t consider Donald Trump a businessman.”).

Produced by Zach Weissmueller. Camera by Alex Manning. Music by Podington Bear.

Subscribe to our YouTube channel.

Like us on Facebook.

Follow us on Twitter.

Subscribe to our podcast at iTunes.

Report abuse


Your Comments
Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

Top Stories
Recent Stories



Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.