Archives Nov. 28, 2011

Putting the financial system in the red

Last update on Nov. 11, 2014.

Yesterday, Fred Wilson, a prominent New York venture capitalist, had some kind words for Bitcoin, the crypto-currency that is “mined” by computers solving progressively harder math problems:

We are quite taken with the idea of a currency that is not controlled by governments and central bankers and that is based on faith in an algorithm ...

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