Video Interview: https://www.youtube.com/watch?v=DzwTXZDSyHoBillionaire Sir Richard Branson, chairman and founder of Virgin Group, said in an interview yesterday that he believes Bitcoin is working and predicted that altcoins could have an even brighter future.
"I think it is working, and there will be other currencies like it, maybe even better. But in the mean time there’s a big industry around Bitcoin."
Richard Branson is a public supporter of Bitcoin, and as reported in May, part of a group who recently invested $30 million in Atlanta payment service provider BitPay. Alternative currencies like Dogecoin (DOGE), and Goldcoin (GLD), work very much like the Bitcoin currency, only with new improvements over the original bitcoin code, which was abandoned by its founder Satoshi Nakamoto.
Nakamoto vanished with over 1 million bitcoins in early 2010 shortly after his protege Gavin Andersen informed him that he was going to Washington, DC to speak with the CIA. Since that time there has been widespread speculation on the identity of Nakamoto and when he’ll starting spending his massive bitcoin fortune.
Branson’s commercial space travel company Virgin Galactic uses BitPay to accept payments in bitcoins. In fact, Branson was introduced to BitPay after one of the startup’s seed investors approached the business magnate about accepting Bitcoin to book Virgin Galactic flights. Three flights have since been purchased using Bitcoin.
Full Story: http://altcoinpress.com/2014/09/richard-branson-alternative-currencies-have-bright-future/