News Roundtable with Henry Blodget and Mike Isaac-TWiST #E340
http://youtu.be/urHmOnl0WMw?t=53m14sJason Calacanis, Kirin Kalia, Henry Blodget and Mike Isaac discuss bitcoin as part of the ThisWeekInStartups show.
-Overview of recent news.
-Jason Calacanis says he has passed on investing in bitcoin startups as he was worried about the possible legal issues.
-Henry Blodget (Buisiness Insider) compares it to the dotcom boom, says very exciting to watch, tells anecdote about watching some big hitters playing a game by passing a "couple of $100k" to each other on their smart phones at a conference in March (not sure if true, but if it is wonder who they are?). Thinks it is impossible to value but could possibly go much higher than $140 or could go to zero.
-Mike Isaac (AllThingsD) says software engineers/developers love bitcoin but thinks it might be a fad.
-Jason Calacanis says what developers love often becomes the default. Sees some signs of more mainstream acceptance. If some big player (e.g. Square, Facebook, Zynga) starts integrating bitcoin sees $1000/BTC.
Also for those who may not have seen it before, here is TWiST #140: Bitcoin, with Gavin Andresen and Amir Taaki from 10 May 2011
http://www.youtube.com/watch?v=TwNfBgwbqng