Sublime

And just as the internet served to export the First Amendment to the entire world, more or less, contrary to the futile efforts and proclamations of local governments, we believe it is entirely reasonable to suspect that Bitcoin will export capitalism also.

With early investments in social media companies such as Twitter, Tumblr, Foursquare and Zynga, Fred Wilson has become one of the world's most watched angel investors. And one of the opportunities he is watching most attentively is the emerging industry of digital money.

Inside of three years, it appeared, Sam Bankman-Fried had created a business so valuable that his share of it implied that he was now the richest person in the world under the age of thirty. “When I first looked at the numbers, I was like, Can this really be true—can this guy really be worth twenty billion dollars?” said Chase Peterson-Withorn, who

But all the money that had piled up in Mt. Gox and MyBitcoin suggested that even among the small group who had chosen to buy Bitcoin, many people were not actually interested in having total control over their own money.

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