“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:
New York May Require 'BitLicenses' For Bitcoin Companies
Richard Branson: Space tourism won’t hurt environment
Investors hungry for riskier bonds
Holder promises not to pursue death penalty against Snowden
IRS apologizes after seizures hammer small businesses
Police spies slept with, abandoned female targets on taxpayer dime
Researcher’s paper banned for containing luxury car security codes
Britain has left the European Union in all but name
Smart Drones
The cost to replace the 59 Tomahawk missiles Trump fired on Syria
Munich football boss's Swiss account becomes German political football
US pilots call on Trump to ban Norwegian airline from US
The 10 Best Jobs in America
Shutdown: National Park Service Closes Self-Sustaining Colonial Farm
Cop Attacks Special Needs Student For Not Having Shirt Tucked In