“Here’s one of the more interesting S-1 filings of the year. In a filing with the SEC, the Winklevoss Bitcoin Trust, headed by Cameron and Tyler Winklevoss, said it will sell around $20 million worth of shares, which will each represent a fraction of a single bitcoin, the digital currency the twins have invested in. Bitcoin has become the best known virtual currencies since its release in 2009. The currency was created by a person or group known as Satoshi Nakamoto (whose true identity is unknown) and is primarily used by online merchants, though some mostly smaller brick-and-mortar retailers have recently begun to accept bitcoins for payment.”
Related posts:
NHS pulls the plug on its £11bn IT system [2011]
Report: Cronyism, political donations likely behind Obama, Holder failure to charge any bankers afte...
The Soviet Colonel Who Averted Nuclear War
Bitcoin In IRS Crosshairs, Says Government Report
Cyprus concedes big bank account tax, nationalizing pension funds
NYPD looks to GPS bottles to combat pill bandits
Going, Going, Gone: Crisis-Plagued Madrid Sells Out City Assets
Amazon's billion-dollar tax shield
Spy-spotter: joke about scary visit came true
China’s manufacturing slumps in August
Obama cancels meeting with Russia’s Putin over Snowden asylum
U.S. officers in Israel for military exercise
Australian Mining Companies Are Desperate For Workers And Want To Hire US Veterans
Officer Points Gun At Restaurant Patron To Prove He's A Cop
Dementia Drugs Ineffective at Slowing Mental Decline