Bitcoin Shop CEO Charles Allen Interviewed Live on Bloomberg's Street Smart
Bitcoin Shop, Inc. (OTCQB: BTCS), the virtual currency ecommerce marketplace www.bitcoinshop.us, today announced that Charles Allen, Chief Executive Officer, conducted a live interview on Bloomberg's Street Smart at approximately 3:00 PM EST on Thursday, March 6, 2014.
Bloomberg Street Smart Video Interview Replay:
http://www.bloomberg.com/video/who-is-alleged-bitcoin-founder-dorian-s-nakamoto-ac9q3e2pQti526nW~lrigQ.html
About Bitcoin Shop, Inc.
Bitcoin Shop, Inc. operates an ecommerce website (www.bitcoinshop.us) where consumers can purchase products using virtual currency such as Bitcoin, by searching through a selection of over 400 categories and over 140,000 items.
Bitcoin Shop, Inc.
http://www.bitcoinshop.us/
Bitcoin is a digital or virtual currency
Bitcoin is a digital or virtual currency that uses peer-to-peer network to facilitate instant payments. Bitcoin is categorized as a cryptocurrency, as it uses cryptography as a security measure. Bitcoin issuance and transactions are carried out collectively by the network, with no central authority, and allows users to make verified transfers.
Forward Looking Statements
Certain statements in this press release constitute "forward-looking statements" within the meaning of the federal securities laws. Words such as "may," "might," "will," "should," "believe," "expect," "anticipate," "estimate," "continue," "predict," "forecast," "project," "plan," "intend" or similar expressions, or statements regarding intent, belief, or current expectations, are forward-looking statements. While the Company believes these forward-looking statements are reasonable, undue reliance should not be placed on any such forward-looking statements, which are based on information available to us on the date of this release. These forward looking statements are based upon current estimates and assumptions and are subject to various risks and uncertainties, including without limitation those set forth in the Company's filings with the Securities and Exchange Commission, not limited to Risk Factors relating to its Bitcoin business contained therein. Thus, actual results could be materially different. The Company expressly disclaims any obligation to update or alter statements whether as a result of new information, future events or otherwise, except as required by law.
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We're learning this afternoon that Bitcoin Shop, Inc CEO Charles Allen has been appointed to the Advisory Board of digital currency payments processor GoCoin, LLC. The appointment comes about two months following a $1.5 million Series A funding round led by Mr. Charles Allen himself along with Bitcoin Shop Chief Operating Officer Michal Handerhan. "Charles brings extensive business and financial leadership to the GoCoin Advisory Board," said Steve Beauregard, founder and CEO of GoCoin. "We welcome his guidance and look forward to a long, successful working relationship together." GoCoin....
Bitcoin Shop, Inc. (BTCS) and Spondoolies-Tech recently announced that they are in the process of merging operations in order to create the first publicly-traded bitcoin transaction verification companies. BTCS has recently launched its own mining farm and would own 53% of the merged entity. With this merger, BTCS can gain access to the technology of one of the top hardware providers in the ecosystem, which is Spondoolies-Tech. Charles Allen, the current CEO of BTCS, will act as the CEO and chairman of the merged company while Guy Corem, Spondoolies CEO and co-founder, will serve as a....
Charles Allen is the CEO of Bitcoin Shop, a publicly traded US bitcoin company that leverages Amazon's affiliate program to sell a wide selection of e-commerce products for bitcoin, litecoin and dogecoin. Bitcoin Shop is now seeking to expand its industry goals, recently making strategic investments in key partners, including California-based bitcoin buying service expresscoin and digital currency processor GoCoin, with the goal of using e-commerce to build a universal bitcoin company. Allen recently spoke about his company's ambitions at The North American Bitcoin Conference, held last....
Shaun Bridges, the secret agent charged with extorting bitcoins during the Silk Road investigation, is also suspected with targeting Bitcoin Shop “for personal gain.” Charles Allen, the CEO of Bitcoin Shop, said to Bloomberg Bridges showed up at the door of the company’s COO around mid to late February early in the morning accompanied by two other officers. Bridges asked questions regarding US$225,000 worth of Spondoolies S35’s bitcoin mining hardware, belonging to the company that were being held at customs at the time. Apparently this had triggered some inquiry, which according to Allen....
Bitcoin Shop announced today that some of its management team would waive the majority of their salaries for the next six months, and that all the company's officers had volunteered to cancel their employment contracts. Bitcoin Shop's chief executive Charles Allen described the efforts as part of a broader attempt to reduce the company's fixed costs while protecting existing shareholders from dilution, because the company would not have to issue new shares at "deeply depressed" prices as compensation to executives. Allen added that he is also foregoing his salary as part of the temporary....