— LA Times
Halsey Minor, founder of CNET and an early backer of Salesforce.com, is launching bitcoin platform Bitreserve.org.
The site aims to address the volatile nature of the cryptocurrency by providing real-time transparency, transaction traceability and proof of solvency.
“Bitcoin is a remarkable innovation, created and supported by lots of very smart people,” Minor said. “Bitreserve is built on top of the bitcoin network, allowing members to convert bitcoin into money they know, trust and understand.”
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