Tuesday, September 17, 2013

Former Facebook founders want to make Bitcoin the ‘internet of money’

Since its inception, Bitcoin and the concept of Bitcoin, has been a refreshing alternative to global central bank control, and the constant devaluation of money.  Relegated to the activist and alternative communities at the beginning of its inception, the currency has since grown to be recognized by a wide range of consumers and investors.
So when a New York district court declared Bitcoin as a currency, and open to regulation, two former Facebook founders saw the opportunity to capitalize on the digital money, and plan a way to expand its exposure through an electronically traded fund (ETF).  And on Sept. 17 in a conference with potential investors, the Winklevoss twins declared that they foresee Bitcoin as the ‘internet of money’, and a new wave of the future.


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