Bitcoin Forum

Economy => Speculation => Topic started by: Marcus Antonius on May 08, 2013, 11:12:45 AM



Title: Another favorable story in the WSJ
Post by: Marcus Antonius on May 08, 2013, 11:12:45 AM
http://online.wsj.com/article/SB10001424127887323687604578469012375269952.html?mod=WSJ_hps_sections_tech

Bitcoin Startups Begin to Attract Real Cash

Venture Investors Pour in Millions, Adding Credibility to Internet Virtual Currency; Regulation Looms as a Concern

By SARAH E. NEEDLEMAN and SPENCER E. ANTE

Bitcoin startups are beginning to raise sizable investment capital even as industry leaders warn that hackers are abusing the Internet virtual currency for profit.

In the past year, fledgling businesses Coinbase Inc., Coinsetter Inc. and CoinLab Inc. have raised millions of dollars collectively from prominent venture-capital firms and angel investors, adding credibility to a digital currency that isn't backed by a central bank.

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Title: Re: Another favorable story in the WSJ
Post by: Zaih on May 08, 2013, 11:33:06 AM
Great to see. More press like this please  8)


Title: Re: Another favorable story in the WSJ
Post by: Logik on May 08, 2013, 11:59:49 AM
Thanks for pointing it out. I dislike how the press use the term "virtual currency". Like they think it's play money. I prefer "digital currency". These old men and woman need to learn that just because something is on a computer does not make it pretend.

Additionally, I bet if you said that their bank account balances were in "virtual dollars" they would laugh at you, even though that's exactly what bank account balances are.


Title: Re: Another favorable story in the WSJ
Post by: Zangelbert Bingledack on May 08, 2013, 12:04:28 PM
Extremely bullish bundle of news. This was unthinkable just a few months ago.


Title: Re: Another favorable story in the WSJ
Post by: inge on May 08, 2013, 12:21:06 PM
... :)...


Title: Re: Another favorable story in the WSJ
Post by: RationalSpeculator on May 08, 2013, 04:05:22 PM
this belongs in press section i think. For bill gates however I am willing to make an exception ;)


Title: Re: Another favorable story in the WSJ
Post by: ManBearPig on May 08, 2013, 07:04:26 PM
I was in the Dow-Jones building in London yesterday meeting a friend for lunch. She asked what Bitcoin was and I told her to read the WSJ which her company publishes!


Title: Re: Another favorable story in the WSJ
Post by: Crypt_Current on May 08, 2013, 08:06:23 PM
Thanks for pointing it out. I dislike how the press use the term "virtual currency". Like they think it's play money. I prefer "digital currency". These old men and woman need to learn that just because something is on a computer does not make it pretend.

Additionally, I bet if you said that their bank account balances were in "virtual dollars" they would laugh at you, even though that's exactly what bank account balances are.

+1