Sign up to receive 5 free days of our daily summary for tech news.

Bitcoin Gold Rush Draws Investors of Every Stripe

Complexity, uncertainty and the prospect of a huge killing is a perfect formula for unconventional investors—and so it’s no surprise that bitcoin has become an arena for all manner of opportunistic moneymen.

Investment strategies, and the corresponding assumptions about how bitcoin will evolve, are all over the map. There are also a wide range of approaches even among those with the same general investment thesis. Some investors are careful stewards of the long-term growth of bitcoin. Others are essentially day traders without any special expertise in digital currencies.

While mainstream venture capital firms have recently become major players in bitcoin investing and have helped focus attention on a handful of ambitious startup companies, there are still plenty of people working the bitcoin markets in very different ways. The Information spoke with three of them.

No subscription? You're missing out.

Join the high-powered community of tech and business leaders who rely on The Information's original news and in-depth reporting.

“I don’t expect us to shut down, if we do it’s for a very small period of time. They only gave us 45 days to comply,” he says.

Login or Subscribe to follow the discussions happening here and real-time in our   Slack Community.
Read comments from top tech and industry leaders
Joe Lonsdale
Joe Lonsdale
Founding Partner, Eight
Chamath Palihapitiya
Chamath Palihapitiya
Founder & Managing Partner, SocialCapital
Tina Sharkey
Tina Sharkey
CEO, Brandless
Jonah Peretti
Jonah Peretti
CEO, Buzzfeed
Adam D'Angelo
Adam D'Angelo
CEO, Quora
Brit Morin
Brit Morin
Founder & CEO, Brit + CO
Dustin Moskovitz
Dustin Moskovitz
Co-Founder, Asana
Christina Miller
Christina Miller
President & General Manager, Turner
Max Levchin
Max Levchin
CEO, Affirm
Adam Mosseri
Adam Mosseri
Director of Product, Facebook
Alex Mather
Alex Mather
The Athletic
Martha Josephson
Martha Josephson
Partner, Egon Zehnder
James Murdoch
James Murdoch
Co-Chief Operating Officer, 21st Century Fox
Andrew Kortina
Andrew Kortina
Founder, Venmo
Ben Chestnut
Ben Chestnut
Co-Founder & CEO, Mailchimp
Ruchi Sanghvi
Ruchi Sanghvi
VP Operations, Dropbox
“I’ve traded everything from pink slip stocks to obscure commodities in foreign countries,” says Eric Moncada, who now trades bitcoins.