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Bitcoin With Cameron And Tyler Winklevoss

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[av_heading tag=’h2′ padding=’10’ heading=’How Bitcoin is Taking Shape in 2015′ color=” style=’blockquote modern-quote’ custom_font=” size=” subheading_active=’subheading_below’ subheading_size=’15’ custom_class=”]

Written by: Matthew McGuire

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TechCrunch: NY Disrupt 2015

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[/av_codeblock] [/av_two_third] [av_one_third] [av_heading tag=’h3′ padding=’10’ heading=’A Look Into Bitcoin with the Winklevoss Twins’ color=” style=” custom_font=” size=” subheading_active=” subheading_size=’15’ custom_class=”][/av_heading] [av_textblock size=” font_color=” color=”] Bitcoin is the digital roller coaster that continues to walk the line in 2015. The parallel: Bitcoin will not replace cash immediately, similar to how the Web will not replace print. Rather, it will provide an alternative. The alternative form of currency is taking shaping with help from the Winklevoss Twins. They having been building Gemini, a company that focuses on bitcoin exchange. The two spoke with TechCrunch Disrupt NY 2015.

Bitcoin looks like surfing the Web in ’95. – Tyler Winklevoss

Overall, bitcoin has only 6 years old. It has lost over 60% of its value in 2013, but the digital world continues to use the platform. Since a major loss with investing in 2014, the currency is making a comeback in 2015. Major companies continue to accept and reject the currency. The double-edged sword behind bitcoin is that it is not printed by sovereign nations. The IRS did start regulating the currency in March 2014. As early adopters take part, skeptics continue to find the flaws behind the concept. Cryptocurrency: is a medium of exchange using cryptography to secure the transactions and to control the creation of new units. The reason bitcoin may continue to rise is the value of cybersecurity, and online financial transactions. [/av_textblock] [/av_one_third] [av_hr class=’default’ height=’50’ shadow=’no-shadow’ position=’center’ custom_border=’av-border-thin’ custom_width=’50px’ custom_border_color=” custom_margin_top=’30px’ custom_margin_bottom=’30px’ icon_select=’yes’ custom_icon_color=” icon=’ue808′] [av_hr class=’default’ height=’50’ shadow=’no-shadow’ position=’center’ custom_border=’av-border-thin’ custom_width=’50px’ custom_border_color=” custom_margin_top=’30px’ custom_margin_bottom=’30px’ icon_select=’yes’ custom_icon_color=” icon=’ue808′] [av_one_half first] [av_heading heading=’Gemini Twitter Feed’ tag=’h3′ style=” size=” subheading_active=” subheading_size=’15’ padding=’10’ color=” custom_font=”][/av_heading] [av_codeblock wrapper_element=” wrapper_element_attributes=”] Tweets by @GeminiDotCom

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[av_heading tag=’h3′ padding=’10’ heading=’Bitcoin in Film’ color=” style=” custom_font=” size=” subheading_active=” subheading_size=’15’ custom_class=”][/av_heading]

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Bitcoin is a direct way to connect peers to available revenue. The method is evolving in different markets, and has pros and cons behind transitions that take place.

Cab drivers have reported to save money with bitcoin, due to the taxes and fees being less than credit cards. On another side of the coin, the amount of drivers that accept the currency is limited. The idea of the currency being a supplement to other forms of currency is ideal at this point in time.

The film industry is breaking into the digital age with film, and now with finances. Lion Gate is the first studio to hit the ground running with bitcoin.

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“Lions Gate Senior Vice President Peter Wilkes confirmed to CoinDesk that the studio was partnering with bitcoin payment processor GoCoin to make bitcoin a viable way to pay for Lions Gate merchandise. The company will likely use the partnership to give its customers the option of using bitcoins to purchase items from its website.” – Laura Brodbeck, Benzinga Staff Writer Read more: http://www.benzinga.com/news/15/05/5471082/bitcoin-goes-to-the-movies#ixzz3ZlAKQMGt

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