“Dot-com pioneers and fresh-faced 20-somethings alike are founding companies to help transact the virtual currency. Are those chasing Bitcoin headed for a gold rush, or fool’s gold? Nick Holland, a Javelin Strategy analyst in Boston, is among those who believe math-based currencies like Bitcoin, which enable transactions from one user to another without official oversight or high fees, could upset the centuries-old tradition of paper money — much as user-generated Wikipedia all but replaced the venerable Encyclopaedia Britannica.”
http://www.mercurynews.com/business/ci_23726452/bitcoin-gets-big-bets-from-silicon-valley
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
House Flippers Are Back Together With Wall St.
U.S. says oil firms should respect Baghdad government
Bitcoin is not just digital currency. It's Napster for finance.
Emails: Geithner, Treasury drove cutoff of non-union Delphi workers’ pensions
Bankers balk as Postal Service plans payday loans, digital currency
Moody's: More California cities at risk of bankruptcy
U.S. promises to phase out landmines that target people
The US government can brand you a terrorist based on a Facebook post
Bitcoin: the fastest growing currency in the world
Rooftop gardens growing in popularity in notoriously smoggy Mexico City
BRICS emerging economies to expand co-operation on internet & security
Genetically-modified cyborg dragonflies can be remotely controlled to spy on people
Bitcoin traders settle class actions over failed Mt. Gox exchange
Don't Expect Bitcoin to Die Off Anytime Soon
Marijuana’s IRS Problems Spark New Bill