Proprietary and Confidential

Using Bitcoin to Pay on Overstock.com

Annie Needs a New Frisbee

David S. Evans (aka Annie’s Dad)

Proprietary and Confidential

Annie Needs a New Frisbee

Proprietary and Confidential

Dad Goes to Overstock.com to Find One

Proprietary and Confidential

Dad Buys Frisbee for Annie at Overstock.com

Bitcoin payment button “powered

by Coinbase”

Proprietary and Confidential

Dad Uses His Awesome Coinbase Wallet to Pay on Overstock.com

Signed in with my Coinbase wallet

Proprietary and Confidential

What If Dad Didn’t Have a Coinbase Wallet?Can go to

Coinbase and buy bitcoins OR use

your bitcoin address if you already have

bitcoins

Proprietary and Confidential

Overstock Receives $18.94 Guaranteed in Dollars, Not Bitcoins

FROM COINBASE

Proprietary and Confidential

Overstock sends Annie her Frisbee, notes price in $

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Proprietary and Confidential

Coinbase debits Dad 0.32BTC to give Overstock $18.94

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Proprietary and Confidential

Annie Gets Her New Frisbee

Only dog in the neighborhood with a Frisbee purchased with bitcoin. But, not surprisingly,Annie is a Dogecoin supporter.

Great Frisbee, but why

didn’t Dad use use

Dogecoin?

Not

the r

eal A

nnie

or

the r

eal Fr

isbee.

To b

e r

epla

ced

soon.

Proprietary and Confidential

The Results

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Annie’s happy with her new Frisbee

Overstock gets $18.94, not 0.32 BTC; gets currency it can use and avoids all exchange risk

Dad gets to use his cool Coinbase wallet

Dad has to play endless games of Frisbee with Annie on top of getting trash talked by Overstock CEO

Proprietary and Confidential

Note: All photos used with the explicit permission of Annie

For more information on how to book Annie for any of your upcoming corporate events, please contact ops@PYMNTS.com.

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