“Electronic currencies are not going to exist outside of the current regulatory structure, at least not popular ones with longevity. When you look at what happens to places like Silk Road, you can see that. The authorities shut them down. On the other hand, if you are willing to work within the rules of the current structures, then there are absolutely tremendous opportunities. The deals being made in Silicon Valley are getting bigger and bigger and are starting to take place in the tens of millions. The potential has barely been scratched. One out of every 400 people in the US now has a Coinbase account.”
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