Comment

Tuesday Night Mind-Warp: Li Hongbo: Statues in Motion

71
TedStriker2/25/2014 7:02:20 pm PST

re: #60 dog philosopher

i hope you can manage to live on the income from your freedom from structural rigidity

re: #64 The Ghost of a Flea

BitCoin is suffering.

Time for my crypto-currency, the iTulip, to go online.

Get a load of this from Andreessen:

Marc Andreessen, the entrepreneur and investor who has recently backed Bitcoin startup Coinbase, says Mt. Gox “had to die” for Bitcoin to thrive.

The comments from Andreessen, whose firm Andreessen Horowitz led a $25 million funding round for Bitcoin marketplace Coinbase late last year, says his commitment and encouragement regarding the digital currency remain unchanged.

“Every important new technology has birthing pains,” he said, adding that the role of Mt. Gox in early Bitcoin adoption “has been supplanted by better, stronger entities.”

foxbusiness.com

Never mind all of the people who had their holdings at Mt.Gox and are, generally speaking, just shit out of luck.