Blog Archives

BTC China’s Bobby Lee explains bitcoin’s current status in China

Posted on 23rd June, 2014

BTC China CEO Bobby Lee has been at the front lines of the People’s Bank of China’s (PBoC) efforts to suppress bitcoin right from the start. Through it all, he’s managed to keep his exchange open even as his competition has scaled back their operations, changed their business models or closed completely under PBoC pressure. […]

eBay’s John Donahoe confirms that bitcoin integration is coming

Posted on 5th June, 2014

It’s not exactly a secret that eBay CEO John Donahoe has a soft spot for bitcoin. While he has been coy about announcing any concrete plans to formally integrate eBay and PayPal with a bitcoin wallet, he has made a variety of statements over the past six months indicating that such a move is likely. […]

Warren Buffett warns bitcoin is a “mirage”

Posted on 14th March, 2014

Speaking on CNBCs’s Squawk Box today, investment legend Warren Buffett warned investors to “stay away” from bitcoin, and claimed that the cryptocurrency was little more than a “mirage.” Buffett’s comments came in response to a question posed by Quicken Loans founder and chairman Dan Gilbert, who noted that bitcoin was the “big two-syllable word that […]

Warren Buffett skeptical about Bitcoin’s future

Posted on 3rd March, 2014

Speaking with CNBC this morning, iconic investor and Berkshire Hathaway CEO Warren Buffett briefly touched on the topic of Bitcoin. “It’s not a currency,” Buffett said. “It does not meet the test of a currency. I wouldn’t be surprised if it’s not around in 10 or 20 years.” Although hardly an endorsement of Bitcoin, it’s […]