Post
Topic
Board Speculation
Re: Where is the money going to come from to rally bitcoin?
by
CoinPal
on 04/04/2014, 02:55:15 UTC
You guys should be focus on getting the "money in" from people actually using bitcoin as a currency for commerce rather than from "investors"!

investors must come first to set up the infrastructure. It cant happen the other way around.

There is money being invested in to BTC infrastructure left, right and centre. Maybe no in to Bitcoin as a commodity/currency, but certainly to help it become more adopted.

Marc Andeerson has already put $25 million in to Coinbase, and said "Bitcoin will be a bigger technological revolution than the internet"


He also vowed to put hundreds of more millions in. When he does, others will follow.



If only Zuckerberg was that pissed at the winklevosses that he started his own billion dollar bitcoin project.

If we want bitcoin to take off in a sense that it's a recognised currency, or even just more widely used (the 10K we all hope it achieves) we need infrastructure through investment not just buying and 'hodling' everything.