Bitcoin shop inc btcs

Charles has extensive experience in business strategy, investment banking and capital markets transactions. In addition, he started his career as an engineer in the telecom industry and brings a balance of business and financial leadership and technical bitcoin shop inc btcs to the BTCS Inc.

The blockchain can record any information in a secure way, and make that information both public and unchangeable – doing this without relying on any central authority. The blockchain is a distributed public ledger. More than just the foundational basis for digital currency, the blockchain has the ability to impact all industries on a global basis that rely on or utilize record keeping and require trust. Blockchain technology continues to redefine not only how the exchange sector operates, but the global financial economy as a whole.

Bob Greifeld, CEO of Nasdaq-OMX Stock Market, Inc. Bitcoin is the first decentralized digital currency. Bitcoin is exciting because it shows how cheap financial transactions can be. Direct investment exposes holders to a devaluation. There is a range of alternative exposures that offset the risk of devaluation. When bitcoin lost nearly half its value during the final month of last year, many felt the dip vindicated the claims that bitcoin was in an asset bubble. Many referred to it as a modern day tulip.

Since the decline however, the value of a bitcoin has remained remarkably stable. The first is hedge fund Fortress Investment Group. 20 million holding of the digital currency in its end of year financials. 20 million bitcoin holding, for an equity stake in Pantera Capital Management, the manager of the three-month old Pantera Bitcoin Partners fund. Fortress offers investors a low risk, low reward, exposure to the cryptocurrency space. 13 million share of a bitcoin fund is unlikely to dramatically affect its share price, especially in the short term. The second addition to the list is brand retailer Systemax Inc.

1 million in bitcoin sales, making it the second major online retailer to do so. The top-selling items on the site were video cards, power units, tablets, Xbox units and other high-tech items. Systemax offers investors bitcoin exposure on a similar footing to Fortress. The final addition to the list is online retailer Bitcoin Shop. First developed by two NASA engineers during 2013, the Bitcoin Shop is an online retailer that conducts its transactions in bitcoin. Our company sells products to consumers and they pay with bitcoin, so the publicity we’re getting from being public is immense. There has been skepticism around bitcoins in general, and being public will give both customers and investors the opportunity to look under the hood.