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Title: 2013-04-22 Zerohedge: BitCoin Or BetaCoin? What Venture Capitalists Are Thinking Post by: solex on April 23, 2013, 04:30:37 AM http://www.zerohedge.com/news/2013-04-22/bitcoin-or-betacoin-what-venture-capitalists-are-thinking
Full title: BitCoin, Or BetaCoin? What The Venture Capitalists Are Thinking Another excellent article which shows the progress being made by Bitcoin towards mainstream finance. Title: Re: 2013-04-22 Zerohedge: BitCoin Or BetaCoin? What Venture Capitalists Are Thinking Post by: Dusty on April 23, 2013, 07:03:24 AM A notable quote:
Quote My humble recommendation to venture capitalists to avoid further regulation or an outright ban is to quickly convince global charities to use the bitcoin system for both donations and money transfers. It is, after all, ideally suited to the purpose of taking in money in rich countries and efficiently moving it abroad to places with limited financial infrastructure. According the National Philanthropic Trust, individual Americans gave $218 billion in 2011, the most recent information available, and there are over one million charitable groups operating in the U.S. Presumably they all have bank accounts to process payments and would like a more efficient way to distribute funds. Title: Re: 2013-04-22 Zerohedge: BitCoin Or BetaCoin? What Venture Capitalists Are Thinking Post by: n8rwJeTt8TrrLKPa55eU on April 23, 2013, 02:34:13 PM A notable quote: Quote My humble recommendation to venture capitalists to avoid further regulation or an outright ban is to quickly convince global charities to use the bitcoin system for both donations and money transfers. It is, after all, ideally suited to the purpose of taking in money in rich countries and efficiently moving it abroad to places with limited financial infrastructure. According the National Philanthropic Trust, individual Americans gave $218 billion in 2011, the most recent information available, and there are over one million charitable groups operating in the U.S. Presumably they all have bank accounts to process payments and would like a more efficient way to distribute funds. Absolutely great advice. Title: Re: 2013-04-22 Zerohedge: BitCoin Or BetaCoin? What Venture Capitalists Are Thinking Post by: misterbigg on April 23, 2013, 04:36:48 PM This is the best article about Bitcoin I have seen.
Title: Re: 2013-04-22 Zerohedge: BitCoin Or BetaCoin? What Venture Capitalists Are Thinking Post by: jgarzik on April 24, 2013, 02:08:21 AM This is the best article about Bitcoin I have seen. A good one, agreed. |