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Author Topic: 2013-06-11 Bitcoin Millionaires Become Investing Angels  (Read 3637 times)
zakoliverz
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June 12, 2013, 05:52:06 AM
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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.
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