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September 5, 2013 04:12 am GMT

The Bitcoin Revolution Hits TechCrunch Disrupt Next Week

bitcoinsOnce a consuming hobby for a coterie of anarcho-libertarians and and others predicting an econo-apocalypse, Bitcoin started crossing over into the mainstream in a big way this year, attracting the interest and dollars of Silicon Valley VC firms. While the math-based currency is trading at about half its peak U.S. dollar value this year, there are startups betting that this was just a temporary spike and then correction. They’re predicting that Bitcoin is still on a long path toward changing the way transactions and micro-payments are handled online. The currency allows for irreversible and anonymous transactions without the need for a third-party facilitator like a bank. So at Disrupt this year, we’re bringing together a panel to chart out where math-based currencies might head next. Cameron and Tyler Winklevoss quietly amassed what amounted to be about 1 percent of all Bitcoins in circulation earlier this year and are setting up an exchange-traded fund around the service. Outside of running one of the more influential bioinformatics startups in the Valley, Balaji Srinivasan also runs the Stanford Bitcoin Group. Also joining the panel is Naval Ravikant, the long-time investor who went on to create and run Angellist. He is also a big Bitcoin believer. If you’re stoked to attend, we have tickets here and those interested in sponsorship opportunities can head here. Students can also come be a part of Disrupt SF. We have limited student tickets available, so be sure togo here to find out how to get yours quickly. Cameron Winklevoss Winklevoss Capital Management, LLC Co-Founder Cameron Winklevoss is a principal of Winklevoss Capital Management, a private investment firm that partners with a select number of early stage companies to provide not just capital, but a full service approach to driving growth. The companys portfolio includes Hukkster, an online shopping tool for sale alerts; SumZero, an online community of investment professionals; and Bitcoin, a decentralized cryptocurrency that uses peer-to-peer technology for frictionless payments. Cameron graduated from Harvard University with a degree in Economics and received his MBA from Oxford University. He is also an NCAA rowing champion and member of the 2008 Olympic team. Tyler Winklevoss Winklevoss Capital Management, LLC Co-Founder Tyler Winklevoss is a principal of Winklevoss Capital Management, a private investment firm that partners with a select number of early stage companies to provide not just capital, but a full service approach to driving growth. The companys portfolio

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/AIeQTpvzvMY/

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