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Title: Why VC Tim Draper Bought All Those Bitcoins Post by: keanbosch on July 08, 2014, 03:01:06 PM http://www.ahametals.com/vc-tim-draper-bought-bitcoins/ (http://www.ahametals.com/vc-tim-draper-bought-bitcoins/)
Tim Draper “The bitcoin world is this new ecosystem where it doesn’t cost that much to start a new bitcoin company, it doesn’t cost much to start owning bitcoin either, and it is a much more efficient way of moving money around the world,” Draper said on Monday’s edition of Squawk on the Street. Title: Re: Why VC Tim Draper Bought All Those Bitcoins Post by: maurya78 on July 08, 2014, 03:02:54 PM Pretty obvious rationale
Core position in coin, satellite positions in btc businesses that ultimately raise value of core position Title: Re: Why VC Tim Draper Bought All Those Bitcoins Post by: dreamspark on July 08, 2014, 03:45:51 PM A new business venture such as the one he alludes to needs liquidity on both sides of the book. He has plenty of dollars to provide $ liquidity, all he needed was some BTC
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