"Interestingly, while DCG will be structured as a company and not a fund, they will still make investments in Bitcoin startups. Silbert explained “being structured as a company, versus a fund, allows us to evolve with the industry given our permanent capital base and flexible mandate”.
In addition to these investments, the company will also operate wholly-owned subsidiaries Genesis Global Trading, a bitcoin OTC trading firm, and..."
In around 2011, this news would have been, exciting and unbelievable, so...
Why does it now sound like we are being digested by the system?
If you would have told me that even 2 years ago I would have said you're crazy or on drugs.
Yes this are great news. But also I'm not sure what to expect seeing Master Card and Bain Capital (Ben Lawsky ?) as one the investors.
I wanna see Bitcoin disrupt and not cooperate.