Here are some tweets from me on Bitcoin over the last few days: From: Boris Nikolic To: "Jeffrey Epstein ' < Subject: FW: Tren on Bitcoins Date: Sun, 14 Apr 2013 02:16:44 +0000 You might like this. B From: Tren Griffin [mailto Sent: Saturday, April 13, 2013 9:13 PM To: Bill Gates; Michael Larson; Jerry St. Dennis; Alan Heuberger; Larry Cohen; Boris Nikolic (bgC3) Subject: Tren on Bitcoins Interest in my views on Bitcoin reached its peak about two months ago when the talk about Bitcoins reached a fever peak in the areas along Highway 101 on the peninsula and the migrated up here to Seattle. I wrote this up at the request of someone else and am sending it on to you on the chance you are interested. Interest in Bitcoins is particularly strong among VCs who are libertarians. Liberal economists who fear the government losing control of the money supply tend to be Bitcoin haters. Any analysis of something which has an ideological side is particularly complex since confirmation bias runs rampant which causes mistakes in thinking. The best Bitcoin primer is probably from Felix Salmon: This supplement by Felix is worth looking at too: bitcoins-rise-is-nothing-to-celebrate/ What is interesting about Bitcoin from an finance standpoint is the use of math-based money as a payment mechanism. al6z made an announcement regarding a new company called Ripple this week (I did drink Ripple once or twice in High School as I recall). Here's some thoughts on Ripple again from Felix: and some more from Bloomberg: I. Bitcoin would be better off if it had been "designed to be used primarily as a payments mechanism http://blogs.hbr.org/fox/2013/04/building-a-better-bitcoin.html 2. "Bitcoins have no intrinsic value. They lay claim to no stream of future earnings." Value is: someone MAY trade them for something of value. 3. When speculating I have no advantage versus the house. Its just not a game I like to play. I want an unfair advantage. 4. How do you intellige