The digital currency world will be trekking to London this summer for the second CoinSummit of the year and third overall. The previous CoinSummit convention was held in March in San Francisco and featured a plethora of speeches and panel discussions from leading cryptocurrency entrepreneurs, VC and angel investors, hedge fund professionals, and bitcoin enthusiasts. The London convention will feature nothing less.
It’s a common misconception that signing up for Bitcoin means your wallet and transactions are completely anonymous. In fact, Bitcoin works more like a pseudonym. Levels of anonymity can be achieved if you know how to work the rods and cones correctly, but a digital money trail can usually be traced back to your wallet and thus, your identity.
Boredom got you down? Loneliness getting the best of you? Well hell, crack into your bitcoin savings and see if you can land that lucky someone. Bitcoin users looking to comb the dating scene are in luck as dating websites have begun accepting digital currencies for their services. And to make things even sweeter, there’s a dating site geared specifically towards Bitcoin enthusiasts.
In late 1999, the online consumer fashion website Boo.com launched on the world wide web. Hampered by problems such as a bandwidth-heavy site trying to strike it big when internet-users had dial-up modems, exclusion of Mac users in general, and poor customer service, the website was liquidated by May 2000. So how much venture capital did the company blow through in that 6 month period?