07 Jun '13, 4pm

BitAngels: investors bet big on Bitcoin (if you're glossing past bitcoin stories, DON'T - it's legit)

BitAngels: investors bet big on Bitcoin (if you're glossing past bitcoin stories, DON'T - it's legit)

Investors getting in on digital currencies The staying power of Bitcoin and digital currencies received a boost this week as more than 60 investors gathered to form BitAngels . The company is comprised of both a multi-city angel network and an incubator program, with funding initiatives given in the form of Bitcoin investments. There’s been some skepticism around the digital currency, and talks of government regulation as well – but an increasing number of investors and entrepreneurs are seriously considering how to implement the currency into business ventures, and it looks like it’s here to stay. Advertise at AG Read also: Bitcoin’s long term impact on crowdfunding The creation of BitAngels can actually work as a rebuttal against arguments that Bitcoin isn’t legitimate, or is illegal – the currency now has its own conference and several startup incubators, in addition to...

Full article: http://agbeat.com/finance/bitangels-investors-bet-big-on-...

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