“Just a year ago, a bitcoin was worth $13. And today, the same piece of digital currency is valued at more than $800 on popular online money exchanges. But Chris Dixon believes that’s still a serious bargain.  Dixon, a partner with the big-name Silicon Valley venture capital firm Andressen Horowitz, is adamant that bitcoin could become the primary means of making payments on the internet, and if that happens, the price of a bitcoin will skyrocket. ‘I think it could be easily worth $100,000,’ he says.  Dixon points to what has happened with another scarce but widely used internet resource. ‘It would have been absurd to say in 1993 that domain names were worth $10 million each.'”

http://www.wired.com/wiredenterprise/2014/01/chrisdixon/

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