[2014-11-17] WSJ: Linked-In, Sun Microsystems Founders Lead Big Bet On Bitcoin

[botany]

Linked-In, Sun Microsystems Founders Lead Big Bet On Bitcoin Innovation

http://blogs.wsj.com/moneybeat/2014/11/17/linked-in-sun-microsystems-founders-lead-big-bet-on-bitcoin-innovation/

Billionaire entrepreneurs who helped lead LinkedIn Corp.LNKD -4.85%, Sun Microsystems Inc., Google Inc.GOOGL -1.46% and Yahoo Inc.YHOO -1.21% are among a group of investors who’ve contributed $21 million to an unorthodox bitcoin project that has no clear plan for turning a profit. Their bet: that the project’s A-list of cryptography experts and bitcoin coders will unleash a new wave of Internet disruption that decentralizes the entire economy.