Is Silicon Valley Turning into a Bitcoin Hub?
Silicon Valley has gained its popularity for being the home of several tech and online startups, which later on grew to become the fast-rising companies of today. According to Bitpay Chief Commercial Officer Sonny Singh, the trend among venture capitalist groups in the valley is to invest in bitcoin and related technologies like the blockchain. "You can see the rapid growth of the VC investments in the bitcoin space," explained Singh. He mentioned that investments in bitcoin companies has grown thrice this year compared to last year. Growth in Bitcoin Companies. "Two years ago, bitcoin....
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The Silicon Valley division of global telecommunications giant Orange is planning to invest in the bitcoin space. Orange Silicon Valley (OSV), which lists cryptocurrency as one of its main focus areas, is looking to spend up to $20,000 per startup and is currently in talks with two bitcoin companies, according to Bloomberg.
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"Bitcoin, Bit by Bit" is the partial title of an article written by Forbes contributor Ralph Benko. The subject stirs up an interesting topic dealing with the endless war between politics and business, and right now, bitcoin is the key ground over which both parties are fighting. In the article, the idea that the business capital of the world, the Silicon Valley located in Northern California, holds true power in the country, especially when compared to the power supposedly held in Washington, which is depicted as being somewhat farcical. The content later goes on to use bitcoin as an....