Goldman Sachs Backs Bitcoin

sachs bitcoin

Goldman Sachs may have breathed credibility into the digital crypto-currency Bitcoin after it co-lead a $50 million financing round in Circle Internet Financial, a Bitcoin wallet company. Despite widespread exposure, helped in no small part by its integral role in the online drug market SilkRoad, Bitcoin has failed to capture the public imagination. Not to mention the currency’s reputation for wild volatility..

Before Bitcoin’s rabid army of fans get too excited, it’s not the first time that Bitcoin companies have attracted venture capital. Earlier this year DFJ Growth led a $100m investment in Coinbase, another Bitcoin wallet. And we’re still paying for fags with bits of paper…




Tip offs: 0709 284 0531
team@Order-order.com

Quote of the Day

Matt Zarb-Cousin cracks a good ideological joke…

“Conservatives don’t like a ‘robot tax’ because it means they’d have a tax on their own leader – the Maybot.”

Sponsors

Guidogram: Sign up

Subscribe to the most succinct 7 days a week daily email read by thousands of Westminster insiders.
Labour Outsources Flashy New Website to Bernie’s US Consultants Labour Outsources Flashy New Website to Bernie’s US Consultants
Sunday Show Highlights Sunday Show Highlights
AOL IM R.I.P. AOL IM R.I.P.
Paul Mason: Ban Uber & Airbnb Paul Mason: Ban Uber & Airbnb
Mini-Nuclear Plants Produce Cheap Energy Mini-Nuclear Plants Produce Cheap Energy
Greens Live in Most Expensive Homes Greens Live in Most Expensive Homes
Why Transition Must Be Short Why Transition Must Be Short
PICTURES: Seumas’ Temper Tantrum PICTURES: Seumas’ Temper Tantrum
Don’t Believe ‘Victory For Hammond’ Spin Don’t Believe ‘Victory For Hammond’ Spin
Freedom From Abuse Not Abuse of Freedom Freedom From Abuse Not Abuse of Freedom
Meltdown After Nuclear Power Plant Holds Bikini Contest to Choose Interns Meltdown After Nuclear Power Plant Holds Bikini Contest to Choose Interns
Happy Independence Day! Happy Independence Day!
Appeal on Behalf of the Friends of George Miller Appeal on Behalf of the Friends of George Miller
Amber Rudd & Fleet Street Don’t Understand Encryption Amber Rudd & Fleet Street Don’t Understand Encryption
“St Patrick was an Immigrant” “St Patrick was an Immigrant”
FLASHBACK: Labour Election Fraud FLASHBACK: Labour Election Fraud
FLASHBACK: LibDem Election Fraud FLASHBACK: LibDem Election Fraud
Amazon Outage Amazon Outage
Experts Wrong About Polar Bears Too Experts Wrong About Polar Bears Too