“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
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