Tag: Alternative Currency
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Unfazed By Bitcoin’s Wild Swings And Mysterious Origins, Silicon Valley VCs Place Their Bets
Unfazed By Bitcoin’s Wild Swings And Mysterious Origins, Silicon Valley VCs Place Their Bets: Bitcoin’s record highs and the ensuring surge in hacking attempts and thefts may be grabbing headlines. However, beneath the chaos, Silicon Valley’s best-known venture firms are finally starting to make real bets around the crypto-currency. Much better than betting in Bitcoins…
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The Bitcoin surge is a crisis of faith
The Bitcoin surge is a crisis of faith: Simultaneously [with the Cyprus crisis], the value of BitCoin shot through the roof.Why? Is it because BitCoin is well designed as a replacement for the currency that currently operates enormous economies in seventeen industrialized nations? Could it possibly be used as a replacement for the currency that…
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