{"id":11099,"date":"2014-05-13T21:49:00","date_gmt":"2014-05-14T04:49:00","guid":{"rendered":"http:\/\/lifeboat.com\/blog\/?p=11099"},"modified":"2017-06-04T12:07:46","modified_gmt":"2017-06-04T19:07:46","slug":"bitbeat-the-emerging-venture-capitalist-vision-for-bitcoin","status":"publish","type":"post","link":"https:\/\/lifeboat.com\/blog\/2014\/05\/bitbeat-the-emerging-venture-capitalist-vision-for-bitcoin","title":{"rendered":"BitBeat: The Emerging Venture-Capitalist Vision for Bitcoin"},"content":{"rendered":"<p>By Paul Vigna and Michael J. Casey \u2014 The Wall Street Journal<br \/>\n<br \/>\n<strong>When payment processor Bitpay announced <\/strong><a href=\"http:\/\/online.wsj.com\/news\/articles\/SB10001424052702303851804579558383014468104?KEYWORDS=bitpay&amp;mg=reno64-wsj&amp;url=http%3A%2F%2Fonline.wsj.com%2Farticle%2FSB10001424052702303851804579558383014468104.html%3FKEYWORDS%3Dbitpay\" target=\"_blank\" data-ls-seen=\"1\">the biggest-ever funding round for a bitcoin company earlier Tuesday<\/a> it was was Richard Branson\u2019s presence in the investment group that drew the most attention.<\/p>\n<p>But while the Virgin Group chairman\u2019s remarks about Bitpay leading a \u201ccurrency revolution\u201d were lapped up by <span class=\"mandelbrot_refrag\"><a class=\"mandelbrot_refrag\" href=\"http:\/\/on.wsj.com\/17w5giu?lc=int_mb_1001\" data-ls-seen=\"1\">bitcoin<\/a><\/span> enthuisasts, we thought the comments from some of the lesser known investors were as, if not more, illuminating. They helped frame what might be called the emerging venture-capitalist vision for bitcoin: That its promise lies in disrupting an antiquated, inefficient and expensive global payments system more than as a revolutionary challenger to traditional currencies.<\/p>\n<p><a href=\"http:\/\/blogs.wsj.com\/moneybeat\/2014\/05\/13\/bitbeat-the-emerging-venture-capitalist-vision-for-bitcoin\/\" target=\"_blank\">Read more<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Paul Vigna and Michael J. Casey \u2014 The Wall Street Journal When payment processor Bitpay announced the biggest-ever funding round for a bitcoin company earlier Tuesday it was was Richard Branson\u2019s presence in the investment group that drew the most attention. But while the Virgin Group chairman\u2019s remarks about Bitpay leading a \u201ccurrency revolution\u201d [\u2026]<\/p>\n","protected":false},"author":76,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1318],"tags":[],"class_list":["post-11099","post","type-post","status-publish","format-standard","hentry","category-bitcoin"],"_links":{"self":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/11099","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/users\/76"}],"replies":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/comments?post=11099"}],"version-history":[{"count":2,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/11099\/revisions"}],"predecessor-version":[{"id":64982,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/11099\/revisions\/64982"}],"wp:attachment":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/media?parent=11099"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/categories?post=11099"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/tags?post=11099"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}