What’s Riskier Than Bitcoins? Bitcoin Companies(wired.com)
wired.com
What’s Riskier Than Bitcoins? Bitcoin Companies
http://www.wired.com/business/2013/04/whats-riskier-than-bitcoins-bitcoin-companies/
1 comments
Bitcoin is a currency and currency is a medium to exchange goods, there is no value in a currency if it not used as a medium. The VC know this better than anybody else. When they are investing in bitcoin related companies it means they are betting on the fact that bitcoin as a currency will gain traction. Bitcoin is not an investment to be invested. This article has been written not knowing the basic premise behind bitcoin. Thankfully the VC's are not like that.