The Phaserl


Three Huge Breakthroughs for Bitcoin

Good News for Bitcoin

from Washington’s Blog:

There were three big stories regarding Bitcoin this week.

Business Insider notes:

Union Square Ventures [an early investor in Twitter, Tumblr, Foursquare, Zynga and other huge Web successes] principal Fred Wilson just led his first startup deal in nearly two years.

Wilson led a $5 million round in Coinbase, a startup for buying, selling, and accepting Bitcoins.

“We believe that Bitcoin represents something fundamental and powerful, an open and distributed Internet peer to peer protocol for transferring purchasing power,” Wilson wrote on the USV blog.

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