by Michael Krieger, Liberty Blitzkreig
As I tweeted at the time, I think Bitcoin began phase two of its growth and adoption cycle upon the conclusion of the Senate hearings last month (I suggest reading: My Thoughts on the Bitcoin Hearing).
I think phase two will be primarily characterized by two things. More mainstream adoption and ease of use, as well as increasingly large investments by venture capitalists. In the past 24 hours, we have seen evidence of both.
First, yesterday we heard that Fidelity will allow its clients to invest in Bitcoin through SecondMarket’s fund in their IRAs. Today, we learn of the biggest investment in Bitcoin to-date.
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