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Author Topic: Google Ventures Backs OpenCoin - Good News For Bitcoin  (Read 525 times)
sleevedbiker (OP)
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May 14, 2013, 10:00:29 PM
 #1

Google Ventures added OpenCoin to their portfolio today
Here's the entire post.

http://gigaom.com/2013/05/14/google-ventures-invests-in-opencoin-the-firm-behind-bitcoin-exchange-ripple/
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Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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May 14, 2013, 10:32:52 PM
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Thank you for the share.  This is just one more step in the validation of virtual / crypto-currencies.  What amazes me is how slow businesses and the government react as they did with MP3's.  It's going to be an interesting future for these currencies possibly leading to more freedom for us all. 

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May 14, 2013, 10:39:38 PM
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Just remember how much this hurts the government and their "taxes". Which is why they used CNN to showcase their "Bitcoin Is A Scam" segment. Just keep in mind all news stations are owned by politicians.
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May 15, 2013, 12:09:21 AM
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With a large company like Google backing an exchange site for digitized currency, it's pretty awesome for the future of other internet currencies as well.
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May 15, 2013, 12:36:30 AM
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Great news Grin
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May 15, 2013, 12:41:44 AM
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Interesting Smiley

BTC: 1BTGghTiiqz2mQCYP2AiSv5ec5kcvkaJXu
LTC: LfgarrrLJgkZMSUCeScgHatxyfQtiggN9Z
BTG: gTpTt8d9rSejXDm4QX5vrLtPkrXkpwbrDL
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May 15, 2013, 12:51:31 AM
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Very, very good news!
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May 15, 2013, 01:16:57 AM
 #8

Google Ventures added OpenCoin to their portfolio today
Here's the entire post.

http://gigaom.com/2013/05/14/google-ventures-invests-in-opencoin-the-firm-behind-bitcoin-exchange-ripple/

Yes! Very good.
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