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Title: 2013-06-11 Bitcoin Millionaires Become Investing Angels Post by: zakoliverz on June 12, 2013, 05:52:06 AM http://www.technologyreview.com/news/515391/bitcoin-millionaires-become-investing-angels/
Every time you spend bitcoins to buy a drink at Evr, a swanky bar in midtown Manhattan that accepts the digital currency, you make its co-owner, Charlie Shrem, just a little bit richer. And that’s not only because a chamomile sour costs $17 (or 0.16 bitcoins). It’s because whenever someone new uses bitcoins, the electronic currency’s value tends to increase. Shrem has bought thousands of bitcoins for about $20 each, starting in 2011. Since then, the digital coins have soared in value to $109. |