Wall Street Bitcoin Fans Try to Make Real Money From Virtual

“After developing a fascination with digital currencies, Jonathan Silverman left his job managing funds at Morgan Stanley in May to take a job trading the virtual stuff instead.  As director of trading at an exchange for Bitcoin, Silverman, 25, joined a bevy of Wall Street brokers, analysts hedge funds and other speculators taking a gamble on the new currency. They are drawn to Bitcoin’s soaring value — up about 50-fold the past year — as well as the novelty of pioneering a new realm of finance.  ‘I think Bitcoin will be the first and oldest crypto-currency but not the last,’ Silverman said in an interview. ‘It’ll be a premier safe-haven asset.'”

http://www.bloomberg.com/news/2014-01-06/wall-street-bitcoin-fans-seek-to-make-real-money-from-virtual.html

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