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Venture Capitalists Offer Their View On Bitcoin’s Growth Potential and Social Impact

The first panel discussion at today’s Inside Bitcoin conference featured an array of investors from both the digital currency space and more established financial institutions. In addition to offering insight into what they look for in potential investments, they were also given an opportunity to opine on why bitcoin has immense potential for positive social impact. The panelists included: Thompson Clark – Editor, Agora Financial Tuur Demeester – Author, MacroTrends Pamir Gelenbe – Venture Partner, Hummingbird VC Abelardo Mendez – Director, Knight Capital Group Brock Pierce – Executive Chairman, Playsino Drew Little – Founder, The Illuminated Ventures Project (moderator) What do investors look for in a bitcoin company? The panel opened with the information any aspiring entrepreneur would look for – what VCs look for in a bitcoin startup. The answers included many of the criteria that would apply to any industry: initial traction, a viable business model and a team that has proven they can execute. First to address the bitcoin market specifically was Pamir Gelenbe, who explained that…

The post Venture Capitalists Offer Their View On Bitcoin’s Growth Potential and Social Impact appeared first on The Genesis Block.

The first panel discussion at today’s Inside Bitcoin conference featured an array of investors from both the digital currency space and more established financial institutions. In addition to offering insight into what they look for in potential investments, they were also given an opportunity to opine on why bitcoin has immense potential for positive social impact. The panelists included: Thompson Clark – Editor, Agora Financial Tuur Demeester – Author, MacroTrends Pamir Gelenbe – Venture Partner, Hummingbird VC Abelardo Mendez – Director, Knight Capital Group Brock Pierce – Executive Chairman, Playsino Drew Little – Founder, The Illuminated Ventures Project (moderator) What do investors look for in a bitcoin company? The panel opened with the information any aspiring entrepreneur would look for – what VCs look for in a bitcoin startup. The answers included many of the criteria that would apply to any industry: initial traction, a viable business model and a team that has proven they can execute. First to address the bitcoin market specifically was Pamir Gelenbe, who explained that…

The post Venture Capitalists Offer Their View On Bitcoin’s Growth Potential and Social Impact appeared first on The Genesis Block.

Inside Bitcoins conference: Bitcoins are “cash with wings,” says Charlie Shrem – MarketWatch (blog)

Inside Bitcoins conference: Bitcoins are “cash with wings,” says Charlie Shrem
MarketWatch (blog)
The Inside Bitcoins conference has kicked off at The New Yorker hotel in New York City. The first speaker, Charlie Shrem, is an old hand in the bitcoin space. That’s possible at the ripe age of 23 because the virtual currency hasn’t been around for
BitInstant CEO Charlie Shrem to banks: “We want to work with you”CoinDesk

all 2 news articles »


Inside Bitcoins conference: Bitcoins are “cash with wings,” says Charlie Shrem
MarketWatch (blog)
The Inside Bitcoins conference has kicked off at The New Yorker hotel in New York City. The first speaker, Charlie Shrem, is an old hand in the bitcoin space. That's possible at the ripe age of 23 because the virtual currency hasn't been around for ...
BitInstant CEO Charlie Shrem to banks: "We want to work with you"CoinDesk

all 2 news articles »

Bitcoin industry leaders launch DATA, a self-regulatory body for digital … – CoinDesk


American Banker (subscription)

Bitcoin industry leaders launch DATA, a self-regulatory body for digital
CoinDesk
Luminaries in the bitcoin community have launched a self-regulatory body in an apparent attempt to gain a cohesive voice in the ongoing tussle with financial regulators. The Committee for the Establishment of the Digital Asset Transfer Authority will
Don’t Let Bitcoin Morph into GovcoinAmerican Banker (subscription)
Perkins Coie | Bitcoin Under SEC Scrutiny: First Civil Prosecution Brought Linex Legal (press release) (registration)
Virtual Currency Enthusiasts to Launch Self-Regulatory GroupWall Street Journal
Bobsguide (press release) –Finextra –Marketwire (press release)
all 6 news articles »

American Banker (subscription)

Bitcoin industry leaders launch DATA, a self-regulatory body for digital ...
CoinDesk
Luminaries in the bitcoin community have launched a self-regulatory body in an apparent attempt to gain a cohesive voice in the ongoing tussle with financial regulators. The Committee for the Establishment of the Digital Asset Transfer Authority will ...
Don't Let Bitcoin Morph into GovcoinAmerican Banker (subscription)
Perkins Coie | Bitcoin Under SEC Scrutiny: First Civil Prosecution Brought ...Linex Legal (press release) (registration)
Virtual Currency Enthusiasts to Launch Self-Regulatory GroupWall Street Journal
Bobsguide (press release) -Finextra -Marketwire (press release)
all 6 news articles »

Bitcoin ban means one less option for bribing Thai officials – Engadget

Bitcoin ban means one less option for bribing Thai officials
Engadget
Loose regulations mean that a nearly limitless array of goods and services can be purchased with cash and even credit — a currency like Bitcoin would only be necessary for the most heinous of exchanges. It’s a bit ironic, then, that the Thai


Bitcoin ban means one less option for bribing Thai officials
Engadget
Loose regulations mean that a nearly limitless array of goods and services can be purchased with cash and even credit -- a currency like Bitcoin would only be necessary for the most heinous of exchanges. It's a bit ironic, then, that the Thai ...

Did Thailand really ban Bitcoin? Don’t be so sure – GigaOM

Did Thailand really ban Bitcoin? Don’t be so sure
GigaOM
A Bitcoin exchange in Thailand has suspended its services because, it claims, it has been informed by the country’s central bank that the crypto-currency is illegal. However, something about this now widely spread-around story just doesn’t sound right


Did Thailand really ban Bitcoin? Don't be so sure
GigaOM
A Bitcoin exchange in Thailand has suspended its services because, it claims, it has been informed by the country's central bank that the crypto-currency is illegal. However, something about this now widely spread-around story just doesn't sound right ...

Thailand Bans Bitcoins, Says Impossible To Regulate Internet’s Virtual Currency – International Business Times


International Business Times

Thailand Bans Bitcoins, Says Impossible To Regulate Internet’s Virtual Currency
International Business Times
Bitcoin Co. Ltd. said that the ban includes buying or selling bitcoins, buying or selling goods in exchange for bitcoins, and sending or receiving bitcoins to people in other countries. Bitcoin said it’s suspended operations in Thailand pending a


International Business Times

Thailand Bans Bitcoins, Says Impossible To Regulate Internet's Virtual Currency
International Business Times
Bitcoin Co. Ltd. said that the ban includes buying or selling bitcoins, buying or selling goods in exchange for bitcoins, and sending or receiving bitcoins to people in other countries. Bitcoin said it's suspended operations in Thailand pending a ...

Bitcoin declared illegal in Thailand | Bangkok Post: business – Bangkok Post

Bitcoin declared illegal in Thailand | Bangkok Post: businessBangkok PostA Bitcoin exchange in Thailand says it has suspended trading after officials declared the virtual currency illegal in a setback for efforts to bring it into the financial mainstre…


Bitcoin declared illegal in Thailand | Bangkok Post: business
Bangkok Post
A Bitcoin exchange in Thailand says it has suspended trading after officials declared the virtual currency illegal in a setback for efforts to bring it into the financial mainstream. The company overseeing bitcoins in Thailand said on its website that ...

Banning Bitcoin is stupid. Non-state digital currencies will soon sweep away … – Telegraph.co.uk (blog)

Banning Bitcoin is stupid. Non-state digital currencies will soon sweep away …Telegraph.co.uk (blog)Personally, I am a bit of a Bitcoin sceptic. I suspect it might be to the future of private currencies what the ZX Spectrum was to the future of perso…


Banning Bitcoin is stupid. Non-state digital currencies will soon sweep away ...
Telegraph.co.uk (blog)
Personally, I am a bit of a Bitcoin sceptic. I suspect it might be to the future of private currencies what the ZX Spectrum was to the future of personal computing. Much hyped, we can all sense it might just be the start of something big. Yet for all ...

Thailand Makes Bitcoins Illegal Because Its Laws Are Too Old-Fashioned – Fast Company


Fast Company

Thailand Makes Bitcoins Illegal Because Its Laws Are Too Old-Fashioned
Fast Company
Thai Bitcoin exchange, Bitcoin.co.th, has published a notice on its site saying it is ceasing operations indefinitely due to a ruling by the nation’s authorities: Starting tomorrow, Bitcoins are illegal in Thailand. While the ruling will apparently be


Fast Company

Thailand Makes Bitcoins Illegal Because Its Laws Are Too Old-Fashioned
Fast Company
Thai Bitcoin exchange, Bitcoin.co.th, has published a notice on its site saying it is ceasing operations indefinitely due to a ruling by the nation's authorities: Starting tomorrow, Bitcoins are illegal in Thailand. While the ruling will apparently be ...

Virtual Currency Bitcoin Blocked in Thailand – ABC News

Virtual Currency Bitcoin Blocked in ThailandABC NewsA Bitcoin exchange in Thailand says it has suspended trading after officials declared the virtual currency illegal in a setback for efforts to bring it into the financial mainstream. The company overs…


Virtual Currency Bitcoin Blocked in Thailand
ABC News
A Bitcoin exchange in Thailand says it has suspended trading after officials declared the virtual currency illegal in a setback for efforts to bring it into the financial mainstream. The company overseeing bitcoins in Thailand said on its website that ...

Thailand’s government rules Bitcoin as illegal, resulting in an indefinite … – The Next Web

Thailand’s government rules Bitcoin as illegal, resulting in an indefinite
The Next Web
Thailand’s government has ruled electronic currency Bitcoin as illegal in the Southeast Asian country, leading to an indefinite trading suspension, Bitcoin Co. Ltd. Thailand said in a message on its website. The ruling means that buying and selling


Thailand's government rules Bitcoin as illegal, resulting in an indefinite ...
The Next Web
Thailand's government has ruled electronic currency Bitcoin as illegal in the Southeast Asian country, leading to an indefinite trading suspension, Bitcoin Co. Ltd. Thailand said in a message on its website. The ruling means that buying and selling ...

Oh No, Thailand’s Just Banned Bitcoin! – SiliconANGLE (blog)

Oh No, Thailand’s Just Banned Bitcoin!
SiliconANGLE (blog)
Its emerged that the authorities in Thailand have effectively banned Bitcoin, ruling that the cryptocurrency is “illegal” due to an apparent incompatibility with local laws. The report came from a local Bitcoin startup, www.bitcoin.co.th, which said


Oh No, Thailand's Just Banned Bitcoin!
SiliconANGLE (blog)
Its emerged that the authorities in Thailand have effectively banned Bitcoin, ruling that the cryptocurrency is “illegal” due to an apparent incompatibility with local laws. The report came from a local Bitcoin startup, www.bitcoin.co.th, which said ...

Thailand becomes the first country to reject Bitcoin – RT (blog)


RT (blog)

Thailand becomes the first country to reject Bitcoin
RT (blog)
The decision by Thailand marked the first major stumbling block for the virtual currency towards wider acceptance. Bitcoin Co. Ltd hopes the country could change its mind at some point. “…the Bank of Thailand has said they will further consider the


RT (blog)

Thailand becomes the first country to reject Bitcoin
RT (blog)
The decision by Thailand marked the first major stumbling block for the virtual currency towards wider acceptance. Bitcoin Co. Ltd hopes the country could change its mind at some point. “…the Bank of Thailand has said they will further consider the ...

Is $100 the New $5? How the Post-Bubble Decline May Already Be Over

For the past three months, the Bitcoin economy has undoubtedly been in a correction phase. …The post Is $100 the New $5? How the Post-Bubble Decline May Already Be Over appeared first on Bitcoin Magazine.

For the past three months, the Bitcoin economy has undoubtedly been in a correction phase. …

The post Is $100 the New $5? How the Post-Bubble Decline May Already Be Over appeared first on Bitcoin Magazine.

Virtual currency Bitcoin not welcome in Thailand in possible setback to … – Fox News

Virtual currency Bitcoin not welcome in Thailand in possible setback to
Fox News
BANGKOK – Bitcoin, the cybercurrency trying to go mainstream, says it has suspended trading in Thailand after officials declared it illegal. The company overseeing bitcoins in Thailand says on its website that the central bank informed it on Monday


Virtual currency Bitcoin not welcome in Thailand in possible setback to ...
Fox News
BANGKOK – Bitcoin, the cybercurrency trying to go mainstream, says it has suspended trading in Thailand after officials declared it illegal. The company overseeing bitcoins in Thailand says on its website that the central bank informed it on Monday ...