“Bitcoin could be as ‘big as the Internet’ in reshaping the world and spurring economic growth, said a venture capitalist and well-known booster of the virtual currency. ‘Virtual currency, particularly bitcoin, reminds me so much of that time in the early ’90s,’ said Fred Wilson, a partner at Union Square Ventures. ‘We are at beginning of an exciting time, not just for investors but for all of society.’ His comments came at a hearing Tuesday on the potential regulation of bitcoin. Virtual currencies have ‘serious and documented dangers,’ said Benjamin M. Lawsky, superintendent of financial services for the state’s Department of Financial Services, who led the panel discussion.”
http://www.cnbc.com/id/101370984
Related posts:
The American Dream appears to be more attainable in Mexico and China
Hungary bars foreigners from buying farmland
Pimco Using Ukraine Turmoil to Buy Cheap Russian Stocks
U.K. Royal Mint Runs Out of Sovereign Gold Coins on Demand
Sky News cameraman Mick Deane killed in Cairo violence
Malawi man charged with ‘breaching the peace’ for calling president ‘stupid’
North Dakota Man Sentenced to Jail In Controversial Drone-Arrest Case
Police Bullets Hit Bystanders, and Questions Rise Yet Again
Senators in Immigration Talks Mull Federal IDs for All Workers
The cost of being the world's No.1 uranium producer
Talk of the Day -- Bitcoin to be introduced in Taiwan
Fund manager Ned Goodman ditches bank stocks for gold
U.S.-backed rebels blow up U.S. Humvee with U.S.-supplied missiles
Luxury private taxi app Uber launches in Zurich
U.S. Navy ship stranded on World Heritage-listed coral reef ignored warnings