30 Jan '15, 9pm

Ribbit Capital's Micky Malka Talks Bitcoin's Slow Road to Mainstream

Ribbit Capital's Micky Malka Talks Bitcoin's Slow Road to Mainstream

Two years ago, the entrepreneurs in bitcoin were inexperienced and those investing in the space were merely a collection of friends, according to Meyer “Micky” Malka. Flash forward to today and the Bitcoin Foundation board member and founder of VC firm Ribbit Capital can find more than a few reasons to be optimistic about the future of bitcoin, even in the face of continued price declines, issues in the mining community and questions about the commercial viability of bitcoin technology. Before it can propel itself forward to new highs, however, Malka believes bitcoin must first account for mistakes made during its impressive hype cycle that began at the end of 2013. He predicts we’ll see a “reshuffling” of the ecosystem, as sectors like mining are forced to recover from a bullish run of investments founded on lofty expectations. Suggesting that this might be another transi...

Full article: http://www.coindesk.com/ribbit-capitals-micky-malka-talks...

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