That's the view of entrepreneur Jeremy Allaire, who used a Monday morning keynote address in New York to set out out a vision of the digital currency that is decidedly unlike the decentralized dreams of many
early bitcoin backers.
The early Bitcoin backers, who reportedly own about 40,000 bitcoins (a cool $ 27 million or so in U.S. dollars), could blast off by the end of the year.
Not exact matches
American venture capital investor Tim Draper, an
early backer of Tesla, Skype, and SpaceX, is one of the most high - profile
Bitcoin investors.
American enterprise capital investor Tim Draper, an
early backer of Tesla, Skype, and SpaceX, is among the most high - profile
Bitcoin traders.
In an ICO campaign, a percentage of the cryptocurrency is sold to
early backers of the project in exchange for legal tender or other cryptocurrencies, but usually for
Bitcoin.
In a typical ICO campaign, a predetermined percentage of the new cryptocurrency is distributed among
early backers in exchange for fiat or other (more established) cryptocurrencies such as
bitcoin and ethereum.
Google has been a
backer since the platform's
early days in 2012 and Ripple's development team include many who worked on
Bitcoin, as well as OpenCoin bigwigs Chris Larsen and Jed McCaleb.