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The extreme volatility on Wednesday cooled a regarding people off, prompting some to call Bitcoin a bubble for you to burst, and caution everyone about taking it too seriously. However, the The big apple Times reported that dangerous investors for instance the Winklevoss twins procured Bitcoin.

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JK: I said I wouldn’t get back into it unless we were treated to the technical side taken care of, the legal side along with the money behind it. We hired 7 lawyers to keep the legal side, and convinced Miron Cuperman who worked on PCI compliance at Google, to join as the CTO. He was a tremendously big fan of Bitcoin and he’s working now full time now, he’s pretty trendy. Having him really convinced me it was worth going through. We also raised 400, 000 in seed money and right now most sufferers are not taking a salary, so we’re working actually hard on doing it.

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