Why Lightspeed Venture Partners Sees Bitcoin as a Good Investment

Why Lightspeed Venture Partners Sees Bitcoin as a Good Investment

Lightspeed Venture Partners is a venture capital firm with a global reach. Based in Menlo Park, California, the company also has people on the ground in India, Israel and China. The firm has a keen interest in bitcoin, investing in BTC China, Ripple and startup incubator Boost, which launched a bitcoin accelerator class last year. Seven bitcoin startups from this accelerator were accepted onto the Boost program last summer, including BitWall, Vaurum and Gliph. Jeremy Liew is a partner with the firm. His first impression of bitcoin was positive, as he quickly realized the opportunities the....


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Quotes

Bitcoin is an implementation of Wei Dai’s b-money proposal on Cypherpunks in 1998 and Nick Szabo’s Bitgold proposal.

Satoshi Nakamoto, Bitcoin Developer