This Investor Is In Bitcoin and Blockchain for the Long Haul

This Investor Is In Bitcoin and Blockchain for the Long Haul

Adam Draper, the founder and CEO of BoostVC, a Silicon Valley accelerator focused on bitcoin, stopped by Wall Street Journal’s MoneyBeat and spoke with Paul Vigna. Draper was an early investor in Coinbase in 2012. He discussed with Vigna, for the most part, the evolution of Bitcoin to the blockchain. This has been a dramatic change in the Bitcoin space, and one which certainly will color the future of the blockchain technology. “The evolution is really about the currency to the technology,” Draper explained. “How it’s evolved is the banks have figured out that this technology could bring....


Related News

What Happened Inside Max Kaiser ’s “F**k Elon” Party?

The infamous Max Keiser is in it for the long haul. Love it or hate him, the man puts in the work. Arguably the original bitcoiner in mainstream media, the North American broadcaster with a show in RT is still raising hell wherever he goes. And this time, he’s got Elon Musk in his sights. […]

How XRP Pulled Off A 33% Rally Over The Past 7 Days

Ripple (XRP) price has registered an impressive 33% advance above the key resistance zone as seen in the past week.         XRP notably spikes by 10% on September 22         Ripple confident to win legal feud against SEC The token also skyrocketed 10% as seen on September 22, as the crypto market plunged in a sea of red. Although a bit of improvement with Bitcoin raking up gains by 4.9% and Ethereum spiking by 7.3%, XRP was still leading that day. According to CoinMarketCap, XRP price is up by 4.47% or trading at $0.5051 as of this writing. Related Reading: Polkadot Suffers 10% Weekly Loss....

What the COVID-19 pandemic has taught crypto community about curbing our emis...

We should encourage more climate-friendly practices, including less air travel, and the crypto community can be a great example of it. For the first time ever, the World Economic Forum’s Global Risk Report’s top-five global risks were all climate-related. From devastating wildfires in Australia and the Amazon to ravaging locust plagues on the Horn of Africa, 2020 was punctuated not only by the global COVID-19 pandemic but also a number of worrying reminders about the effects of climate change if left unchecked.Over the past year, we witnessed the severe effects of belated action amid....

Investing Icon Suze Orman Suggests Stacking Bitcoin For The Long Haul

Bitcoin price is now trading at around $40,000, up from virtually worthless just ten years ago. Even despite the law of diminishing returns, the nascent financial technology has enormous upside potential still. Well known investors are beginning to take more notice – even mainstream names like Suze Orman are now recommending BTC to those young […]

Bitcoin Supply Tightens In Side of Continued “Liquidity Crisis”

Bitcoin’s rally has been marked by strong accumulation by long-term holders. The number of BTC on exchanges has decreased strongly in recent months, despite the rally. Analysts think that this can be attributed to institutional players buying Bitcoin for the long haul. These investments are expected to drive BTC higher over time as the supply of coins on the market decreases. Bitcoin Supply Crisis Begins as Coins Leave Exchanges En-Masse Analysts think that Bitcoin is […]