11 Jan '13, 2pm

Bitcoin punks go corporate at CES

Bitcoin punks go corporate at CES

The controversial digital currency Bitcoin has a display at CES. It's a good-sized booth, featuring a giant picture of a smiling woman holding an iPhone running a Bitcoin app. Crystal Campbell, a waitress who works at an Orlando restaurant that accepts Bitcoin, greets curious conference-goers with a friendly but not overeager smile. "It's basically like the cash of the internet," she explained to a tall brunette who had heard of Bitcoin, but wasn't sure exactly what it was. It was a surprisingly professional setup, considering that Bitcoin is a decentralized payments system with a robust but fragmented community. The $13,000 booth was paid for by Butterfly Labs, which makes the hardware used to create Bitcoins, and Bitpay, a startup that helps merchants accept the currency. Bitpay just raised $510,000 in funding from notable investors including Barry Silbert and Jimmy Furl...

Full article: http://www.theverge.com/2013/1/11/3864592/bitcoin-punks-g...

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