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Last month marked a milestone of sorts for Michael Terpin. BitAngels, the first "serious" angel network in bitcoin, celebrated its second birthday.
Things are markedly different since the group's first impromptu meeting at the Bitcoin Foundation's Bitcoin 2013 conference. After sending out a Reddit invite with the goal of six or seven people showing up, Terpin and co-founders David Johnston and Sam Yilmaz had 35 attend (60 joined within a week).
"The spirit of discovery and camaraderie from those early days was magical and unforgettable," said Terpin. "When we did our first set of fundings with bitcoin it was lower, $100. But compared to $5 that time a year earlier it seemed like it was on the rise."
Things are markedly different since the group's first impromptu meeting at the Bitcoin Foundation's Bitcoin 2013 conference. After sending out a Reddit invite with the goal of six or seven people showing up, Terpin and co-founders David Johnston and Sam Yilmaz had 35 attend (60 joined within a week).
"The spirit of discovery and camaraderie from those early days was magical and unforgettable," said Terpin. "When we did our first set of fundings with bitcoin it was lower, $100. But compared to $5 that time a year earlier it seemed like it was on the rise."
Full story: http://www.coindesk.com/bitangels-michael-terpin-on-the-long-road-ahead-for-bitcoin/