
“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.'”
Related posts:
World’s first successful uterus transplant recipient is pregnant via in vitro fertilization
Swiss war game envisages invasion by bankrupt French
Police detective accused of multiple beatings, wrongful arrests
Walk-in clinics gaining popularity
Cliven Bundy will be held accountable, Interior secretary says
CIA chiefs face arrest over horrific evidence of bloody 'video-game' sorties by drone pilots
Snowden’s father says Putin will continue to stand firm
McCain blames Obama for U.S. losing credibility in the Middle East
McCain, Graham express optimism on Obama Syria plan
FBI will give Congress 'silent treatment' for leaking FISA surveillance memo
Food Shortages in Venezuela Bigger Worry Than Constitution
I Paid To See A Movie About Singing. I Got 90 Minutes Of Pentagon Propaganda.
China slaps cap on overseas UnionPay cash withdrawals
Loan Practices of China’s Biggest Banks Raising Concern
Louisiana police chief indicted on child rape charges