“Silicon Valley is Becoming a Bitcoin Hub.” – BitPay – Bitcoints

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Published on August 30th, 2015 | by bitcoin

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“Silicon Valley is Becoming a Bitcoin Hub.” – BitPay

Bitcoin vs Internet VC Funding

Singh began his talk with a brief comparison between the investments in the bitcoin industry and internet.

According to Coindesk and PwC, bitcoin investments in 2015 have totaled US$916 million so far, a 262.5% increase compared to last year.

“It shows how much of a traction bitcoin has gotten in just over the last two years.
Leeds noted that Bitcoin has drawn new users to TigerDirect, with 46 percent of customers purchasing with bitcoin being new users,” reported Bitcoin Magazine.

Today, multinational companies that have had great experience with bitcoin are trying to convince other merchants to accept bitcoin.

Source: Cointelegraph.com

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