Bitcoin has a long way to go to gain widespread acceptance, but the venture capital market for Bitcoin entrepreneurs appears to be thriving.
On the heels of Philadelphia Federal Reserve President Charles Plosser saying Bitcoin has a long way to go to replace the US dollar as a currency, and many institutional forces looking at it from the perspective of a global payment system, not a currency, the growing tech startups innovating in the space remain unabated. Over 300 startups are now registered in an online database that tracks Bitcoin tech startups.
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