Good read here:
https://medium.com/@vaurum/tim-draper-wins-govt-auction-partners-with-vaurum-to-provide-bitcoin-liquidity-in-emerging-markets-88f04a1d8598Another recommended read from the Vaurum site:
The tech world's ethical crisisI get excited whenever I see capitalists actually talking about ethics. The world certainly needs more of that.
Tim Draper had this to say:
“Bitcoin frees people from trying to operate in a modern market economy with weak currencies. With the help of Vaurum and this newly purchased bitcoin, we expect to be able to create new services that can provide liquidity and confidence to markets that have been hamstrung by weak currencies.
Of course, no one is totally secure in holding their own country’s currency. We want to enable people to hold and trade bitcoin to secure themselves against weakening currencies.”
May I humbly suggest we stop constantly throwing links at Coindesk (news aggregation) and instead link the actual source material?
Coindesk basically takes other people's news and re-posts it with a few words on their own site. it's a shitty, asinine practice and we shouldn't support it.
Excerpt from the article on tech world ethics:
"There have been many claims and debates of the past few days. People are trying to draw absolute boundaries around what is, and is not, ethical. The technical world won’t like this, but that is impossible.
Ethics are not absolute. What is considered right one decade can be considered inconceivable in another decade. Just look at the Civil Rights movement and current feminist efforts for women to be treated equally and fairly as lessons in the
constantly evolving state of ethics."
