{"id":9360,"date":"2013-12-11T15:07:30","date_gmt":"2013-12-11T23:07:30","guid":{"rendered":"http:\/\/lifeboat.com\/blog\/?p=9360"},"modified":"2017-06-04T12:12:20","modified_gmt":"2017-06-04T19:12:20","slug":"bitcoin-believers-see-a-role-for-wall-street","status":"publish","type":"post","link":"https:\/\/lifeboat.com\/blog\/2013\/12\/bitcoin-believers-see-a-role-for-wall-street","title":{"rendered":"Bitcoin Believers See a Role for Wall Street"},"content":{"rendered":"<p>By <a class=\"url fn\" title=\"See all posts by WILLIAM ALDEN\" href=\"http:\/\/dealbook.nytimes.com\/author\/william-alden\/\">WILLIAM ALDEN<\/a><\/p>\n<p><\/p>\n<p>A venture capitalist, a former regulator, a lawyer and a pair of entrepreneurs \u2014 Bitcoin evangelists all \u2014 gathered on Tuesday in the private dining room of an upscale Manhattan restaurant to discuss their vision of a world in which the currency plays a role in mainstream finance.<\/p>\n<p>It may be a far-fetched notion \u2014 Bitcoin, despite the attention it has received in recent months, is still largely a plaything for speculators online, with stomach-turning price swings \u2014 but it is one that these men have bet millions of dollars can be achieved.<\/p>\n<p>\u201cThe rising value of Bitcoin is a put option, or a bet, that Bitcoin gets adopted as a medium of exchange,\u201d said Jeremy Allaire, the founder of Circle Internet Financial, a start-up in Boston that seeks to be a payment-processing system for Bitcoin. Mr. Allaire, who sponsored the gathering, said he had a modest position in Bitcoin, which he did not disclose.<\/p>\n<p><a href=\"http:\/\/dealbook.nytimes.com\/2013\/12\/11\/bitcoin-believers-see-a-role-for-wall-street\/?_r=0\" target=\"_blank\">Read more<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>By WILLIAM ALDEN A venture capitalist, a former regulator, a lawyer and a pair of entrepreneurs \u2014 Bitcoin evangelists all \u2014 gathered on Tuesday in the private dining room of an upscale Manhattan restaurant to discuss their vision of a world in which the currency plays a role in mainstream finance. It may be a [\u2026]<\/p>\n","protected":false},"author":76,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1318,43,39,45],"tags":[],"class_list":["post-9360","post","type-post","status-publish","format-standard","hentry","category-bitcoin","category-business","category-economics","category-finance"],"_links":{"self":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/9360","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=9360"}],"version-history":[{"count":2,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/9360\/revisions"}],"predecessor-version":[{"id":65098,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/9360\/revisions\/65098"}],"wp:attachment":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/media?parent=9360"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/categories?post=9360"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/tags?post=9360"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}