Rand Paul appoints bitcoin-friendly Overstock CEO to tech counsel

On Monday, May 11, Sen. Rand Paul appointed Overstock CEO Patrick Bryne to his tech counsel to help shape the presidential candidate’s tech platform.

“We thought being around a lot of startup companies and bright individuals would be a good place for the tech people we’re gathering together to come up with ideas about helping us to find our voters and get them out,” said Sen. Rand Paul.

Byrne was one of the first CEOs to embrace bitcoin on a mass-market retail platform and is considering using a blockchain-like system for selling shares of his company.

Sen. Paul is also the first presidential candidate to accept bitcoin contributions, and he recently opened a “Silicon Valley office” at a space called StartupHouse.