Investor Fred Wilson: Security and Hoarding Are Holding Back Bitcoin

Investor Fred Wilson: Security and Hoarding Are Holding Back Bitcoin

Venture Capitalist Fred Wilson is a self-proclaimed bitcoin believer, but when speaking at New York University recently he highlighted some of the negative aspects of the digital currency, which he said, are holding it back from widespread adoption. Currently, security, practicality and problems related to speculation and hoarding are the biggest issues facing bitcoin, he said at an event sponsored by the NYC Foundation for Computer Science Education. Wilson is the co-founder of venture capital firm Union Square Ventures, which has made investments in a number of successful tech start-ups,....


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