Published on July 27th, 2015 | by bitcoin0
The oil dealer who jumped on the bitcoin bandwagon
“You got a sense of the body corpus of the bitcoin industry, and it’s solid.
A few months later, in July, authorities in Jersey approved the Global Advisors bitcoin fund he runs with his business partner.
Larry Summers, former treasury secretary, and John Reed, former Citibank chief executive, have joined the advisory board of Silicon Valley bitcoin start-up Xapo, it announced in May.
Still, in the investment business, Mr Masters is somewhat of an outlier, betting on the future value appreciation for bitcoin.
Similar to oil in the late 1990s, when investing directly was rare, he wants to bring more investors into bitcoin.