10 Sep '13, 7pm

As Bitcoin hype settles down, real possibilities start to emerge

As Bitcoin hype settles down, real possibilities start to emerge

The Bitcoin hubbub of earlier this year might have died down, but there is still a dedicated group of companies and investors who believe the crypto-currency is the future. TechCrunch Disrupt was packed with people today for a Bitcoin panel that featured Cameron and Tyler Winklevoss , who have invested heavily in Bitcoin (apparently after a vacation in Ibiza, where they first heard about the currency). They offered up a few positive notes about the future of Bitcoin, but panelists AngelList CEO Naval Ravikant and Counsyl CTO Balaji Srinivasan had the real wisdom to pass along. Here are a few of the highlights: Srinivasan: There have been security breaches, but Bitcoin is more reliable than cash “It’s the difference between a bank robbery and being able to counterfeit currency. The former is a function of the bank … and the latter, actually being able to do significant doub...

Full article: http://gigaom.com/2013/09/10/as-bitcoin-hype-settles-down...

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