Breaking: China sources report Bitmain has some $560 mln in commitments for this pre-IPO round. Key investor is @Temasek threatening to withdraw due to Jihan misrepresenting info. Jihan is on calls trying to salvage deal. Chances of the deal breaking up is extremely high now!

Breaking: China sources report Bitmain has some $  560 mln in commitments for this pre-IPO round. Key investor is @Temasek threatening to withdraw due to Jihan misrepresenting info. Jihan is on calls trying to salvage deal. Chances of the deal breaking up is extremely high now! submitted by /u/Bitcoin_21
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Bitcoin – The Currency of the Internet

From 1993 to 2009 Bill Gates invested $1B+ into Encarta the online encyclopedia but was eventually crushed by Wikipedia. This should be a lesson for financial institutions trying to understand Bitcoin. Currently BTC is where Wikipedia was in the early 2000`s. Watch out banks.

submitted by /u/Bitcoin_21
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Bitcoin – The Currency of the Internet