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JK: Do not think think individuals are hedging opposed to the euro with Bitcoin. The crisis brought a much more attention and exposure to Bitcoin. People found out about Bitcoin because of the euro crisis, but we are really not flooded by people from Cyprus trying to get bitcoins, it is therefore not a principal correlation.
Jered Kenna: We relaunched before the price increase, we hoped to be the first there and ride the wave. Microsoft xbox been rather a lot more interest from institutional investors, the VC community is really picking upward now so a involving tech investors are getting yourself into Bitcoin and putting money directly into Bitcoin. That's also fueling the price increase. Some investors are searching at it seriously.
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Governments will most likely introduce regulations to regulate virtual currencies, and Tradehill is already compliant that isn't regulations and proactive. We have more lawyers than engineers right now, so we'll be additionally. As long energy are proactive, the government will see we're working within their realm. Many men and women thought Paypal was going to get shut down, and it definitely didn't location. I think you will see companies trying to get around the regulations that is certain shut directly down. Governments will make it more difficult to comply.
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