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Author Topic: Billionaire Richard Branson Invests in Bitcoin Payment Processor BitPay  (Read 1154 times)
bitcoinsrus (OP)
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May 20, 2014, 02:25:25 AM
Last edit: May 20, 2014, 04:01:53 PM by bitcoinsrus
 #1

http://www.bitcoinvalues.net/bitcoin-investors-richard-branson-invests-bitpay.html

Sir Richard Branson, the well-known British billionaire and founder of Virgin group is currently pursuing the Atlanta bitcoin startup BitPay
y3804
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May 20, 2014, 02:37:42 AM
 #2

Did you know that Li Ka-shing ("Superman") is also investing millions in BitPay, despite the current situation in China?
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May 20, 2014, 02:46:54 AM
 #3

Did you know that Li Ka-shing ("Superman") is also investing millions in BitPay, despite the current situation in China?

There is a lot of smart money moving into Bitcoin either directly or indirectly.

Concerned that blockchain bloat will lead to centralization? Storing less than 4 GB of data once required the budget of a superpower and a warehouse full of punched cards. https://upload.wikimedia.org/wikipedia/commons/8/87/IBM_card_storage.NARA.jpg https://en.wikipedia.org/wiki/Punched_card
JimboToronto
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May 20, 2014, 05:22:28 AM
 #4

There is a lot of smart money moving into Bitcoin either directly or indirectly.

The really smart money moved in years ago.
maxll
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May 20, 2014, 05:39:09 AM
 #5

The really smart money moved in years ago.

The golden age of bitcoin is still ahead.
segeln
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May 20, 2014, 05:40:52 AM
 #6

The really smart money moved in years ago.

The golden age of bitcoin is still ahead.
I agree
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May 20, 2014, 05:43:58 AM
 #7

It's nice to know that Virgin Galactic is taking bitcoin and investing in payment processor
I recall they also funded for a trip to the moon and accepted bitcoin
Hopefully we will see Bitcoin adoption and positive press coverage continuing

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JimboToronto
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May 20, 2014, 05:45:26 AM
 #8

The really smart money moved in years ago.

The golden age of bitcoin is still ahead.
I agree

Indeed. We're all still early adopters.
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May 20, 2014, 09:50:31 AM
 #9

The really smart money moved in years ago.

The golden age of bitcoin is still ahead.
I agree

Indeed. We're all still early adopters.

Yes and we all need to keep telling ourselves and everyone else that, so we might start believing it.
pandacoin
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May 20, 2014, 10:26:12 AM
 #10

Investing to BitPay is clearly smart move. When we get rid of credit card companies and start using Bitcoin payment systems, these startups will make a lot of money. (Money = Bitcoin of course)
Malin Keshar
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May 20, 2014, 10:32:53 AM
 #11

smart move, but 30 millions is still small money for billionaires. But the simple fact they are willing to invest money on btc is a form of validating them as a legit investment, and will probably be a green light for many people enter the market
seljo
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May 20, 2014, 11:04:23 AM
 #12

http://www.bitcoinvalues.net/bitcoin-investors-richard-branson-invests-bitpay.html

Sir Richard Branson, the well-known British billionaire and founder of Virgin group is currently pursuing the Atlanta bitcoin startup BitPay
Well it's obvious if you are on the moon and you want to purchase a ticket back to mother earth the best way is bitcoin.

Hodling since 2011.®
MatTheCat
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May 20, 2014, 11:14:14 AM
 #13

Yes and we all need to keep telling ourselves and everyone else that, so we might start believing it.

The forced 'make-believe', the commitment to self-delusion and self hypnosis, is one of the most toxic things in this whole forum.

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May 20, 2014, 01:16:06 PM
 #14

Yes and we all need to keep telling ourselves and everyone else that, so we might start believing it.

The forced 'make-believe', the commitment to self-delusion and self hypnosis, is one of the most toxic things in this whole forum.

Self delusion works both ways. The more time that passes without BTC collapsing, the more shaky it looks for detractors. What else is going to support the belief that bitcoin is money, other than everyone eventually believing that it is? Thats how money works.


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May 20, 2014, 02:19:04 PM
 #15

The really smart money moved in years ago.

The golden age of bitcoin is still ahead.
I agree

Indeed. We're all still early adopters.

Yes and we all need to keep telling ourselves and everyone else that, so we might start believing it.

Useless troll comment. After 180 posts still not knowing how big Bitcoin can be, cant you see the bigger picture m8? Go dig this forum more and you will find out that the real firework are still to come.
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May 20, 2014, 02:29:23 PM
 #16

Yes and we all need to keep telling ourselves and everyone else that, so we might start believing it.

The forced 'make-believe', the commitment to self-delusion and self hypnosis, is one of the most toxic things in this whole forum.

Self delusion works both ways. The more time that passes without BTC collapsing, the more shaky it looks for detractors. What else is going to support the belief that bitcoin is money, other than everyone eventually believing that it is? Thats how money works.

Exactly. In fact everything in society is based on what people believe in. If a critical mass of people decided today that dollars are just toilet paper and has no value it will become true. People hold an enormous amount of power to shape this world if they are focused enough, we've just lost that power and have come to believe that banks/governments/something outside ourselves hold that power. But it's just that collective belief or self-delusion that makes it actually true, we can grab that power right back using that same belief and change it. This is what Bitcoin on a fundamental level is about imo.

Bitcoin = Gold on steroids
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