informationliberation
The news you're not supposed to know...




Austrian Economics: Understand Economics, Understand the World
The Century of the Self: The Untold History of Controlling the Masses Through the Manipulation of Unconscious Desires
The Disappearing Male: From Virility to Sterility

The Obama Deception: The Mask Comes Off
Operation Gladio: The Hidden History of U.S. Sponsored False Flag Terrorism in EuropeThe New American Century: The Untold History of The Project for the New American Century
(more)
Article posted May 01 2013, 12:19 AM Category: Economy Source: CNBC Print

BitCoin Is Gold 2.0: Venture Capitalist

By: Cadie Thompson Technology Editor, CNBC.com

The bitcoin boom is just getting started, two venture capitalists said Monday at the TechCrunch Disrupt conference.

Get ready for a wave of new bitcoin start-ups, said Chris Dixon, general partner at Andreessen Horowitz.

Bitcoin start-ups are a "very interesting area" and present an opportunity for the creation of a range of new businesses, including companies focused on merchant services--like PayPal--bitcoin exchanges and companies with banking models that focus on storing the digital currency.

"What the critics are underestimating is that you had a first wave of bitcoin start-ups and people were interested in it and it was kind of cool," Dixon said. "But now what I think you are seeing--if you just talk to the smartest people in Silicon Valley now--is that some of the best entrepreneurs are going to start getting into it, so I think you are going to see another wave."

Dixon, who said he has a "fair amount" invested in bitcoins, said that tech entrepreneurs have historically struggled to get into the financial tech space because of its massive size and the rigid regulations related to the finance industry. But the anonymous payment network that bitcoin provides helps avoid these obstacles and that has entrepreneurs in Silicon Valley excited, Dixon said.

Full Article





Latest Economy
- 22 Signs That The Global Economic Turmoil We Have Seen So Far in 2016 Is Just The Beginning
- The American Dream Is Dead, and Now Even The Mainstream Media Is Starting to Admit It
- Washington, DC Considers Paying 'At Risk' People For Not Committing Crimes
- No Free Lunch? Swiss Tempted by Vote Granting $2,400 Monthly Stipend to Adults
- US Justice Dept Hits 80 Swiss Banks With Penalties
- Clueless in Davos
- China Warns George Soros: Don't Go to 'War' Against Our Currency
- A Run On The Banks Begins in Italy as Italian Banking Stocks Collapse









No Comments Posted Add Comment


Add Comment
Name
Comment

* No HTML


Verification *
Please Enter the Verification Code Seen Below
 


PLEASE NOTE
Please see our About Page, our Disclaimer, and our Comments Policy.


FAIR USE NOTICE
This site contains copyrighted material the use of which in some cases has not been specifically authorized by the copyright owner. Such material is made available for the purposes of news reporting, education, research, comment, and criticism, which constitutes a 'fair use' of such copyrighted material in accordance with Title 17 U.S.C. Section 107. If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission from the copyright owner. It is our policy to respond to notices of alleged infringement that comply with the DMCA and other applicable intellectual property laws. It is our policy to remove material from public view that we believe in good faith to be copyrighted material that has been illegally copied and distributed by any of our members or users.

About Us - Disclaimer - Privacy Policy



Advanced Search
Username:

Password:

Remember Me
Forgot Password?
Register

Muslim Woman Explains How The Mosque Obama Spoke At Treats Women (Hint: It's Not Good) - 02/04NYPD Cop Wins $15m After Fellow Cops Falsely Arrested & Beat Him At His Daughter's Birthday - 02/04Retired Cop Gets Taste Of Police State After Officers Bust In, Assault Him - 02/04Paul Joseph Watson And Stefan Molyneux On The Real Agenda Behind The Migrant Crisis - 02/04NYPD Cop, Whose Job Was to Bust Prostitutes, Exposed as a Pimp in Massive Sex Trafficking Ring - 02/04Hillary Clinton Suggests She Can't Be Part Of The Establishment Because She Is A Woman - 02/04TCU Professor Calls Police On Disabled Student Veteran Over Dissenting Opinion - 02/04Jeb Bush Preps The Noose... - 02/03

Cop Who Sought Photos of Teen's Erection in Sexting Case Commits Suicide Moments Before Arrest
Texas Man Sues After His Truck Seen Being Driven By Jihadi Fighters
When "Rescuers" Become a Death Squad: The Killing of Michael FunkHow Hillary Clinton Abused Her State Department Role to Help Her Hedge Funder Son-in-LawCops Fighting Mandatory Drug Tests -- Claim It's 'Unconstitutional' to Screen Police UrineNumber of Cops Charged With Murder Or Manslaughter Triples In One YearGood News: 27% Of Americans Say Government Is Their 'Enemy,' Not Their 'Friend'Prosecutors Pissed Colo. Juries Keep Acquitting Marijuana DUI Suspects
(more)

 
Top