Topic: [2014-08-04] Europe's Bitcoin Entrepreneurs Winning Investor Seal Of Approval (Read 651 times)
August 06, 2014, 07:51:34 AM
europe always takes longer. but once they catch on, they do it right.
August 04, 2014, 01:11:18 AM
http://www.forbes.com/sites/alisoncoleman/2014/08/03/europes-bitcoin-entrepreneurs-winning-investor-seal-of-approval/
The collapse of digital currency exchange Mt Gox earlier this year may have cast major doubts over the future of bitcoin, but the industry has continued to evolve at pace, and investment in bitcoin companies appears to show no signs of slowing.
In the second quarter of this year bitcoin start-ups raised over $76.8 million; not far short of the $85 million raised in the whole of 2013 While VC investment in bitcoin is far higher in the US than in Europe – $200 million compared with around $10 million in the last year – thanks to innovation within the most active continental countries, cumulatively, these now represent around 25% of the global bitcoin network.
The collapse of digital currency exchange Mt Gox earlier this year may have cast major doubts over the future of bitcoin, but the industry has continued to evolve at pace, and investment in bitcoin companies appears to show no signs of slowing.
In the second quarter of this year bitcoin start-ups raised over $76.8 million; not far short of the $85 million raised in the whole of 2013 While VC investment in bitcoin is far higher in the US than in Europe – $200 million compared with around $10 million in the last year – thanks to innovation within the most active continental countries, cumulatively, these now represent around 25% of the global bitcoin network.
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