Bitcoin Annual Returns Beat Facebook, Google By 800%
Bitcoin has beaten the world’s biggest tech companies including Facebook and Google on annual returns since 2012 as analysts eye its long-term investment potential. Bitcoin Annual Returns Top Facebook 8 Times Over. According to figures republished by ARK product lead Chris Burniske, Bitcoin has provided a 212% compound annual return on investment since Facebook’s IPO five years ago. By comparison, Facebook itself has generated just 27.1% returns. Amazon managed 31%, Netflix a more solid 72.7% and Google a lackluster 23%. The data comes as more and more investors join in championing Bitcoin....
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Dr. Aron Fischer of Swarm and Colony explains how Ethereum-backed micropayments will free us from the control of Facebook and Google. He also talks about the implications of Ethereum on society in an interview shot at the Devcon 2 conference last September. Several new projects are being developed on the Ethereum platform. They have the potential to reach the mass market sooner than most users could ever imagine. Fischer says in the video: “The reason we ended up where we are today is because of a lack of micropayments. The reason that companies like Google and Facebook spend so much time....
You know something has achieved some level of popularity when it enters the top 500 searches on Google Trends. Never mind hitting the top 100 searches - that just means you're really popular. So it's probably no surprise that 'bitcoin' just so happens to have made the top 100 Google searches of 2013. This hobby-turned-investment-vehicle hit the spotlight first in April when it achieved an all-time high of $260+ USD. It then came back into the limelight in November, when the price topped a whopping $1200 per unit. As the mainstream media began to cover the incredible returns early adopters....
Bitcoin security platform BitGo today announced the hiring of Ben Davenport, who will serve as the company's chief product officer and co-founder (which is strange, but hey, that's what the announcement says). Mr. Davenport is no stranger to the tech field, having worked previously at Google and leaving his position at Facebook to work for the San Francisco-based outfit. Davenport became a part of the Facebook team when the messaging platform he co-founded, Beluga, was acquired by the world's biggest social network in 2011, which has since morphed into today's Facebook messenger. He's also....
Although Google hasn't yet made any moves related to digital currencies, the search giant's Director of Ideas Jared Cohen believes they are here to stay. Speaking at SXSW - the annual interactive conference and festival held in Austin, Texas - Cohen said it is still unclear how digital currencies will develop, as they are a "pretty new space", reports TechCrunch. Jared said the future of digital currencies like bitcoin is clear: "It's very obvious to all of us that cryptocurrencies are inevitable." No plans... yet. While Google's entry into the space would be a watershed moment for digital....
In February, Bitcoin Magazine reported Google's preliminary announcement of Android Pay. Now, at the annual Google I/O event on May 28 and 29, Google officially announced its upcoming payment platform and revealed more details. Android Pay isn't a separate payment app, but an open platform that enables developers to integrate mobile payments into their apps. In fact, Android Pay is built right into the core Android operating system. It will be available for download from Google Play soon, and included in the next version of the Android OS - dubbed Android M - expected to be released this....