Security Tokens Will Be the ‘Killer App’ of Cryptocurrency, Overstock CEO Says22

Bitcoin has been around for more than a decade, yet the question still persists: “What’s the purpose of cryptocurrency?” Even though people have bought and sold billions of dollars of the stuff, it has yet to find a role in everyday life.

Now, this search for the cryptocurrency world’s “killer app”--the equivalent of a transformative application like Gmail or Uber--may be over. According to Patrick Byrne, the CEO of Overstock and a longtime booster of digital money, the breakthrough is coming in the form of security tokens.

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