BY MICHAEL CARNEY ON JUNE 21, 2013. Though not widely well known across the venture capital world, Ribbit Capital founder Meyer “Micky” Malka is making a name for himself within a particular subset: the bitcoin ecosystem. Malka has made several bets on the cryptocurrency since first encountering it in fall 2011 and says that Ribbit might be the largest venture investor in the category as measured by total dollars deployed.
Malka comes to bitcoin with a lengthy background with disruptive financial services, having founded five companies in the sector in the US, Europe, and Latin America. Asked why he views bitcoin is so attractive he said money is ripe for disruption and bitcoin has all the essential attributes of either cash or gold, with a number of inherent advantages. Specifically, the virtual currency can at times be a method of payment, a store of value, and a unit of account depending on the needs of the holder. Bitcoin also offers security and ease of transfer that makes it more attractive than fiat currencies or gold. - Read more here: http://pandodaily.com/2013/06/21/inside-the-mind-of-an-avid-bitcoin-investor
Sunday, June 23, 2013
Inside the mind of an avid bitcoin investor
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