The Reason Why Richard Branson & Bill Gates Support Bitcoin

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Richard Branson & Bill Gates

Richard Branson and Bill Gates, openly declare their support for Bitcoin. Why? Let’s find out.

We all know that Richard Branson and Bill Gates are two of the most powerful elites on Earth. Richard Branson is an English business magnate, investor and philanthropist. He founded the Virgin Group, which controls more than 400 companies. While William HenryBillGates III is a technology entrepreneur, American business magnate, investor, author and philanthropist.

Why do these top millionaires support Bitcoin? Take a guess before you find out the answer. Would you agree with these two millionaires? Let’s find out.

Blockchain Ltd., which runs the world’s most popular wallet for storing bitcoins, raised more than $30m in its first outside round of funding.

Lightspeed Venture Partners, Wicklow Capital and Richard Branson were among the investors, the London-based company said in a statement today. Blockchain, which has more than 2.3m consumer wallets, will use the funds to expand internationally and add features.

Blockchain is competing with Coinbase Inc., Circle Internet Financial Ltd. and other bitcoin-wallet providers to attract users as more people use the virtual currency to buy everything from books to flights. Blockchain also recently introduced an iOS mobile application for its wallets, after Apple Inc. relaxed its policies on apps that handle the virtual currency.

“The potential for a global transformation in payments powered by Bitcoin is very exciting,” Branson, founder of Virgin Group Ltd., said in the statement. “Consumers are being offered much greater control and freedom with their money and more of them have chosen Blockchain’s safe and easy-to-use wallet to hold their Bitcoins than any other.”

via Telegraph.co.uk


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