The Future Of Bitcoin Depends On Startups, Regulations And China

“Khan’s view is that the Bitcoin space is in the second wave of companies — the first wave having mostly been shut down (and some even facing jail time). The current crop includes the likes of BTC exchange Mt.Gox, which he argued now has its own challengers, despite Gox’s early dominance. ‘I’m looking more forward to the next wave of companies. There are teams of entrepreneurs with tier-A VCs, with lawyers, with regulators, sitting in rooms around the world, thinking how do we launch the next generation of digital currency companies. I think that’s where the opportunity is. We’re still very very early in this journey,’ Khan added.”

http://techcrunch.com/2013/10/28/the-future-of-bitcoin-will-depend-on-upcoming-startups-regulatory-issues-and-china/

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